Stocks are likely to react to fresh insights from top fund houses and brokerages, with specific stocks and sectors being highlighted as potential opportunities or under watch.
Below are the key recommendations and updates to track:
Marico: Motilal Oswal (MOSL) has maintained a Buy rating on the FMCG company with a target price of ₹775 per share, reflecting continued confidence in the company’s long-term growth trajectory.
Laxmi Dental: Nuvama has initiated coverage on the healthcare equipment player with a Buy rating and a target price of ₹570 per share, highlighting a positive view on the company’s prospects.
IndiGo (InterGlobe Aviation): Jefferies has flagged the aviation sector as positive after DGCA’s Summer 2025 schedule revealed a 5% year-on-year rise in weekly departures. IndiGo is expected to lead capacity additions this season.
Bajaj Finance & HAL: Morgan Stanley (MS) has added both stocks to its APxJ and GEM focus lists. Bajaj Finance is now seen as the preferred pick among largecap NBFCs, and HAL stands to benefit from India’s aircraft fleet upgrade and expansion drive, which could result in a US$60 billion order pipeline over the next decade.
India Strategy – Top Picks:
Goldman Sachs (GS) listed HDFC Bank, AU Small Finance, M&M, MakeMyTrip, IndiGo, Adani Ports, Power Grid, Apollo Hospitals, Titan, and GCPL as its top 10 India ideas.
Morgan Stanley emphasized a constructive stance with key additions like Bajaj Fin and HAL to focus lists.
Sector Trends:
Citi reported that investors in Asia are currently more focused on metals than cement in recent marketing discussions, with Ultratech, Grasim, Hindalco, and Tata Steel among the most discussed. (Neutral)
Jefferies flagged recent weakness in India’s auto sector demand, noting that PV and two-wheeler registrations fell 11% and 6%, respectively. (Neutral)
HDFC Bank: Goldman Sachs maintained a Buy rating but lowered the target price to ₹2,090/share, indicating a more cautious near-term outlook. (Neutral)
Brigade Enterprises: Motilal Oswal maintained a Buy rating on the real estate firm but revised the target price down to ₹1,415/share. (Neutral)
Investors may closely monitor these stocks as markets open, with positive momentum expected in aviation, defense, and select FMCG names.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Please consult a qualified financial advisor before making any investment decisions.
