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Broker call● Neutral for Indian equities
The latest market fall has made at least seven stocks attractive, says Deven Choksey
The brief
- Deven Choksey recommends frontline stocks linked to discretionary spending and power utilities
- He advises caution on PB Fintech
- The advice highlights discretionary-spending and power stocks, while flagging risk for PB Fintech
- Bernstein cuts PB Fintech target 53% after shares lose ₹37,000 crore
- PB Fintech Target Price Slashed 53% — Bernstein Says It May Have To Become An Insurer
- PB Fintech loses up to 43% in four sessions as IRDAI proposals weigh
- PB Fintech, Turtlemint Fintech tank up to 43% in 4 days; hit 52-week lows
- Trouble continues: Turtlemint, PB Fintech, other insurance stocks drop up to 38% in 3 days. What are analysts saying?