A strong comeback on deposits led from retail taking CASA (Current account saving account deposits) to 42% from 40% and growing by an average of 20%.
Zomato is not a buy at these levels, there is a room for more correction and there are better opportunities for investors
Gemstone Equity Research and Advisory is positive on State Bank of India with a target price of Rs 440.
Markets have been consolidating in a tight range and global markets are not supportive causing the decline
Tata Motors is generating strong free cash flow, which will help it pursue its business plans and reduce high debts.
Till the time the Nifty stays above 15,600 on the closing basis, the markets remain in a buy-on-dips zone
Stocks to buy: Nirmal Bang Securities is positive on Sun Pharma with a target price of Rs 730
Overall, the pandemic-related disruption impacted most consumer companies but weighed heavily on ITC which reported a sharp earning decline in FY21
Earnings were better than expectations and I believe the risk reward is favourable
Overseas firm JP Morgan retained 'Neutral' call on Reliance Industries with a target price of Rs 2,250.