[ad_1] Coforge Ltd shares snapped their four-day losing streak and gained 10% on Wednesday, March 5, on the back of a mega deal with Sabre, two acquisitions, stock split announcements as well as multiple positive notes from analysts, projecting up to a 59% upside for the stock. Morgan Stanley has an “overweight” rating on the […]
Kotak recommends four IT stocks to pick for a balanced portfolio – CNBC TV18
[ad_1] The Indian IT sector is witnessing a gradual recovery, with growth prospects looking better for 2025-26 (FY26) compared to 2024-25 (FY25). However, normalisation of growth remains elusive. In this context, Kotak Institutional Equities recommends a balanced approach to IT investments, favouring established leaders like Infosys and Tata Consultancy Services (TCS), alongside challengers such as […]
Kotak’s Sanjeev Prasad projects 10% Nifty earnings growth for 2025 – CNBC TV18
[ad_1] Sanjeev Prasad, Managing Director and Co-Head at Kotak Institutional Equities expects Nifty earnings to grow 10% in 2025 and around 16% in 2026. While potential downgrades during the year remain uncertain, he is comfortable with the 2026 forecasts since the growth is driven by sectors like banking and IT, where he remains confident. Srini […]
Don’t think the worst of FPI selling in India is over yet, says Pratik Gupta – CNBC TV18
[ad_1] Pratik Gupta, CEO and Co-Head of Kotak Institutional Equities, expects the current wave of foreign portfolio investment (FPI) outflows from Indian markets to persist amid heightened volatility in the coming weeks. Gupta attributes this trend to high valuations in Indian equities, which remain elevated even after a recent 9-10% correction in the Nifty index. […]
Kotak Institutional Equities’ Pratik Gupta tells investors to prefer large-caps and be cautious on small-midcaps – CNBC TV18
[ad_1] Pratik Gupta, CEO of Kotak Institutional Equities, emphasises a strategic shift toward large-cap stocks, advising investors to reduce their exposure to small and midcaps due to aggressive valuations, adding that sectors like defence, chemicals, and public sector undertakings remain overheated and overvalued. In contrast, Gupta expresses optimism about underperforming sectors such as private banks, […]