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Top brokerage calls for October 29: Buy on Reliance Industries, SBI and ICICI Bank; CLSA upgrades Tata Motors, downgrades Marico

Updated : 2019-10-29 08:07:04

Indian stock market is expected to open in the green today following global cues. Most brokerages said State Bank of India (SBI) is a 'buy' after the bank announced an operationally good quarter. ICICI Bank saw strong deposit growth leading to 'buy' or 'overweight' calls from most brokerages. 

Brokerages bullish on ICICI Bank as the bank saw strong deposit growth at 24.6% YoY & 5.4% QoQ, in the quarter-ended September; Retail loan growth also remains strong
Brokerages bullish on ICICI Bank as the bank saw strong deposit growth at 24.6% YoY & 5.4% QoQ, in the quarter-ended September; Retail loan growth also remains strong
Most brokerages maintain BUY ratings on SBI after the bank reported an operationally good quarter last Friday. Here are the ratings & target changes by various brokerages
Most brokerages maintain BUY ratings on SBI after the bank reported an operationally good quarter last Friday. Here are the ratings & target changes by various brokerages
Turnaround quarter for Tata Motors as JLR rebounds; brokerages upgrade the stock & increase targets.<br />CLSA upgrades to BUY from SELL, BofaML upgrades to BUY from NEUTRAL & Nomura to NEUTRAL from REDUCE.
Turnaround quarter for Tata Motors as JLR rebounds; brokerages upgrade the stock & increase targets.
CLSA upgrades to BUY from SELL, BofaML upgrades to BUY from NEUTRAL & Nomura to NEUTRAL from REDUCE.
Reliance Ind announced creating a new subsidiary for holding all digital assets, some brokerages estimating Jio's valuation at around $60-70 billion; clarity on the corporate structure improves, they add
Reliance Ind announced creating a new subsidiary for holding all digital assets, some brokerages estimating Jio's valuation at around $60-70 billion; clarity on the corporate structure improves, they add
Here's what brokerages have pegged their ratings & targets at, for Shriram Transport after the co reported its Q2 earnings
Here's what brokerages have pegged their ratings & targets at, for Shriram Transport after the co reported its Q2 earnings
CLSA downgrades Marico to OUTPERFORM from BUY, cut target too; co's domestic volume growth of 1% comes in below Morgan Stanley's estimates
CLSA downgrades Marico to OUTPERFORM from BUY, cut target too; co's domestic volume growth of 1% comes in below Morgan Stanley's estimates
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