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11 Explosive Brokerage Reports on 10 Stocks: Immediate Market Impact Expected
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11 Explosive Brokerage Reports on 10 Stocks: Market Impact Expected at Opening
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CNBC Awaaz
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20-03-2026, 07:43
11 Explosive Brokerage Reports on 10 Stocks: Market Impact Expected at Opening
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Major brokerage firms like Jefferies, Nomura, HSBC, and MOSL released new reports on banking, oil & gas, IT, and metal sectors.
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HDFC Bank gets a 'Buy' from Jefferies (target ₹1,240) despite chairman's exit, citing attractive valuation and stable management.
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Oil & Gas: OMCs (HPCL, IOCL, BPCL) face pressure due to rising LNG prices from Iran/Qatar crisis; ONGC also affected, but Reliance could benefit.
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Tata Steel receives a 'Buy' from HSBC (target ₹250) due to protective tariffs and expected earnings growth.
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IT sector shows mixed trends, with AI as a positive factor; Infosys, Cognizant, Coforge, eClerx preferred, rupee weakening also helps.
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