A slew of fresh brokerage reports and fund house views are likely to keep several stocks in focus in today’s trade.
Morgan Stanley mantained its Overweight rating on JSW Energy, with a target price of Rs 608 per share, citing a positive outlook on the company.
Nomura maintained its Buy rating on Firstsource Solutions (FSL), with a target of Rs 390 per share.
In the aviation space, HSBC remained bullish on InterGlobe Aviation (IndiGo), maintaining Buy with a target price of Rs 6,650 per share.
Citi retained its Buy call on Mahanagar Gas (MGL), with a target price of Rs 1,700 per share.
HSBC remains constructive on the Indian real estate sector, expecting FY26 to witness a pickup in new launches and continued pre-sales momentum, albeit on a high base. Godrej Properties, DLF, and Sobha remain the brokerage’s top Buys in the sector.
On the banking side, UBS added HDFC Bank to its high conviction India Buy list, citing the bank’s high loan-to-deposit ratio and the likely benefit from recent RBI measures. ICICI Bank also remains on UBS’ high conviction list, with the stock trading at 2.7x FY27E P/B.
Jefferies sees the recent RBI rate and CRR cuts as a positive for financials, with Bajaj Finance, Chola, and Shriram Housing named as its top picks.
Morgan Stanley said the final RBI norms are positive for gold loan NBFCs and sees further upside in Muthoot Finance and Manappuram Finance.
Citi noted that the impact of EBLR repricing will be more evident in Q2 and expects Shriram Finance to benefit from wholesale and repo rate easing.
On Kaynes Technology, MS maintained an Equal weight rating with a target price of Rs 6,155, while JP Morgan maintained a Neutral stance with a target of Rs 1,013.
For MGL, views were mixed. JP Morgan maintained Neutral with a target price of Rs 1,360, while Nuvama remained Reduce with a target of Rs 1,224.
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