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For Thursday, share market analysts from a domestic brokerage have assigned 'Buy' calls on Asian Paints, Bata India and Indian Energy Exchange. Check price targets and other crucial details.
Based on the OI percentage, 68 stocks were on the short-covering list. These include Birlasoft, Dr Reddy's Laboratories, United Spirits, Can Fin Homes and Alkem Laboratories
India attracts global consumer brands due to its young population and rising disposable income. Recent entrants include Brioni, Laderach, Nine West, Foot Locker, NARS Cosmetics, Pottery Barn Kids, Maje, and Sandro. Deloitte estimates India to become the third largest consumer market by 2030. Reliance Brands partners with international brands like Pottery Barn Kids, Balenciaga, and Pret A Manger. Bata India, Metro Brands, and Nykaa Fashion are local partners for Nine West, Foot Locker, and NARS Cosmetics respectively. Indian companies benefit from adding international brands to their offerings.
Apart from Jio Financial, Power Finance Corporation, Indian Railway Finance Corporation, Macrotech Developers, Polycab India, REC, Shriram Finance, Union Bank of India, and Indian Overseas Bank are the others that may enter into the largecap category, according to Nuvama.
Business News: India attracts global consumer brands due to its young population and rising disposable income. Recent entrants include Brioni, Laderach, Nine West, F