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​Emerging markets as a whole will be at about 10-11 PE. So, the valuation starting point is very undemanding. And a couple of other interesting things have happened that the fiscal excesses that you see in most of the developed world, you do not see them in most emerging markets including India.

Motilal Oswal Financial Services has issued a buy recommendation on Indian Bank with a target price of Rs 670. The bank reported a net profit of Rs 2909.73 crore in the latest quarter and showed improvement in asset quality ratios. Promoters hold 73.84% stake. The bank aims for steady growth and profitability with expected RoA/RoE of 1.2%/17.3%.

And I think the markets are going to not like this kind of uncertainty. But maybe it will be over soon. But it is a little nerve-wracking to see so many new tensions coming up every day.

Jefferies reaffirms Buy on LIC Housing Finance with a revised Rs 700 target (25% upside). Stable margins, provision reversal, and EPS growth (4% CAGR) support optimism. A meaningful re-rating depends on growth and improved NIM. Stock surged 3% intraday.

Leading brokerages have shared their top stock picks post Budget 2025. Motilal Oswal recommends Five-Star Business with a 25% upside, while Emkay is bullish on Sun Pharma with a 37% potential return. Other noteworthy recommendations include UPL, ITC, and ONGC, reflecting optimism in various sectors.

Several brokerages have identified mid and small-cap stocks with potential gains following the Union Budget 2025 speech by Finance Minister Nirmala Sitharaman. Among the key post-budget stock picks are Kaynes Technology, Exide Industries, and others, projected to have substantial upsides ranging up to 45%.

So, if you look at the way the capital goods stocks were performing versus what they are now, so it is clearly a trend that 7% kind of a growth earlier which was 20 plus two years back.

JM Financial has issued a buy call on Bharat Electronics Ltd with a target price of Rs 360, citing robust financial performance. For the quarter ending December 2024, Bharat Electronics reported a 25.08% rise in consolidated total income and a net profit of Rs 1301.27 crore. The company s strong order inflows and diverse growth strategies offer promising revenue visibility post-FY26.

Bajaj Finance, Mankind Pharma, Mahindra & Mahindra, and Mahindra Finance formed a bullish White Marubozu pattern, signaling strong buying pressure. Traders may view this as a positive indicator for future price movements.

HDFC Securities recommends buying shares of Star Health and Allied Insurance with a target price of Rs 600. The recommendation is based on the company s strong underwriting capabilities and robust claims review process. Financial projections indicate a 17 percent PAT CAGR over FY24-27E, with NEP growth estimates of 15 percent CAGR and RoEs of 11-15 percent.