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Market Opening Alert: Brokerage Reports on 17 Key Stocks to Influence Prices
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Brokerage Report: 17 Stocks to Watch as Market Opens, IT Sector Faces AI Pressure
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CNBC Awaaz
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23-02-2026, 07:54
Brokerage Report: 17 Stocks to Watch as Market Opens, IT Sector Faces AI Pressure
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Global brokerage reports highlight a mixed outlook for Indian markets, with IT facing pressure due to AI and business model risks.
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Jefferies warns of IT sector transformation by AI, cutting EPS estimates and target prices for major IT stocks like Infosys and TCS.
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Confidence in telecom (Bharti Airtel, RIL), pharma (Torrent Pharma), and select auto/consumer electronics companies.
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IDFC First Bank receives a 'Buy' call from Jefferies despite a reported fraud of ₹590 crore at its Chandigarh branch.
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CLSA sees AI as an opportunity for IT, giving an 'Outperform' rating to Tech Mahindra for its AI initiatives.
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