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    Mahindra & Mahindra Finance, Infosys, Tech Mahindra and more: Friday's top brokerage calls

    Mahindra & Mahindra Finance, Infosys, Tech Mahindra and more: Friday's top brokerage calls

    Mahindra & Mahindra Finance, Infosys, Tech Mahindra and more: Friday's top brokerage calls
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    By Asmita Pant   IST (Published)

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    SUMMARY

    Morgan Stanley gives overweight rating on the shares of M&M Finance, Infosys and Tech Mahindra. Here are the top brokerage calls for the day -

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    Morgan Stanley on Mahindra & Mahindra Finance | The RBI has directed the company to cease repossessions via outsourcing until further order. The brokerage house says the impact on collections will depend on share outsourcing in collections.

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    Noruma on IT | Noruma gives 'buy' call on Infosys, Tech Mahindra and Persistent Systems and 'reduce' call on TCS and L&T Infotech. The brokerage house says that Accenture FY23 guidance indicates demand moderation.

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    Morgan Stanley on IT | According to Morgan Stanley, Accenture's revenue growth guidance points to some optimism on growth for India IT vendors. On a relative basis, overweight on Infosys and Tech Mahindra.

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    Citi on IT | Accenture commentary on double-digit growth on outsourcing business is likely priced for Indian IT. The brokerage house advices remaining cautious on the sector and said relatively like Infosys in the IT space.

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