Interglobe Aviation Ltd., Ajanta Pharma Ltd. and NTPC Ltd. were among the top companies on brokerages’ radar on Tuesday.
Further, Jefferies expects more banks to announce deposit rate cuts. This follows HDFC Bank Ltd.’s rate cut of 25 bps and State Bank of India’s 10-20 bps cut in the term deposit rate for 1-3 years. This, according to the brokerage, is key to easing risk on NIMs.
In addition, Goldman Sachs has upgraded its year-end gold price forecast to $3,700/tom from $3,300.
NDTV Profit tracks what analysts are saying about various stocks and sectors. Here are the analyst calls to keep an eye out for on Tuesday.