Brokerages Eye 10 Stocks: Venezuela, Tech, Metals, Pharma in Focus!
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CNBC Awaaz05-01-2026, 07:57

Brokerages Eye 10 Stocks: Venezuela, Tech, Metals, Pharma in Focus!

  • Jefferies highlights potential benefits for Reliance Industries (cheaper Venezuelan crude, improved GRMs) and ONGC ($500M dividends) from US-Venezuela developments, but warns of crude price pressure.
  • Nomura maintains 'Buy' on Dixon Technologies, lowering target to Rs 16,589 due to memory price impact on mobile volumes, but finds valuation attractive for long-term.
  • Jefferies is bullish on the Indian metal sector, projecting 6-9% steel volume CAGR, potential steel spread recovery, and recommends Tata Steel, Jindal Steel, Jindal Stainless.
  • HSBC and Nuvama issue 'Buy' calls on Marico, citing strong India business growth, Parachute's performance, and VAHO segment's potential, with targets around Rs 870.
  • InCred recommends 'Add' for AU Small Finance Bank and Punjab National Bank, while suggesting 'Hold' for RBL Bank; Bank of America sees improvement in US generic pharma.

Why It Matters: Brokerages offer diverse views on 10 stocks/sectors, driven by global events and corporate performance.

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