Phillip Capital cuts 1-year Nifty target to 11,300. These are its top stock picks
Updated : August 02, 2019 10:03 AM IST
Global brokerage Phillip Capital slashed one-year Nifty target to 11,300-11,800 (from 12,200-12,700).
Among sectors, it downgraded infra to 'neutral' (from overweight); maintained 'overweight' on private banks.
For stocks, its top picks include HDFC Bank, ICICI Bank, Axis Bank, and SBI in the banking sector.
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
THANK YOU! You made our day. See you every morning
YOUR EMAIL IS ON ITS WAY. Check your inbox for future updates.
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more