Brokerages like HSBC and Goldman Sachs have issued recommendations for various stocks and sectors, including Varun Beverages, JK Cement, and the IT sector.
HSBC highlighted weak cash conversion in top IT companies, while Goldman Sachs initiated coverage on Varun Beverages with a 'buy' call citing multiple drivers for outperformance.
Morgan Stanley maintains an 'overweight' rating on Brainbees Solutions, while CLSA has a positive outlook on the auto tyre sector.
Jefferies recommends buying Finolex Industries and JK Cement, while CLSA suggests an 'underperform' call for Fusion Finance.