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Stock Market News

Private banks now structurally ex-growth, to see continued derating, says Emkay Global; halves weight in model portfolio

The major drivers are structural. Extreme risk aversion from both corporate borrowers and lenders has depressed wholesale loan demand. Disintermediation is intensifying as corporates are [Read more about this post…]

Estimated read time 12 min read
Stock Market News

Kotak increases target price of SBI; downgrades Canara, Union and PNB – here’s why by StuffsEarth

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Brokerage firm Kotak Institutional Equities, in its latest report, has raised the target price of State Bank of India (SBI) to ₹760, while maintaining the [Read more about this post…]