Broker call▲ Bullish for Indian equities
IPO activity to stay strong; manufacturing, healthcare key themes: Citi's Rahul Saraf
The brief
- Rahul Saraf expects strong IPO and M&A activity
- Manufacturing, healthcare, technology and energy are key themes
- IPO and M&A activity could expand opportunities for Indian investment banks and companies seeking capital
- Citi upgrades ITC to Buy from Sell, citing favourable risk-reward
- IT Q2 Preview: Infosys, Other Large Caps May Cut Guidance As AI Deflation Bites, Mid-Caps To Buck The Trend