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Rana Gupta from Manulife Investment Management sees opportunities in the financial sector despite mid-cycle challenges. He is cautious about industrial capex driven stocks, considering them overvalued. Gupta favors large private banks, non-banks in rural areas, and wealth management firms. He believes the financial sector's stress is temporary, predicting stabilization in the next two quarters.
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News and Media
Russia has introduced measures to increase birth rates by offering financial incentives to female students under 25 who give birth. This policy is part of a broader effort to address the demographic crisis, with various regions implementing similar programs. The national government has also increased maternity payments to further encourage population growth.
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Kotak Institutional Equities has maintained a buy rating on Zomato with a target price of Rs 305, expecting a 22.3% upside. The brokerage forecasts a 19% YoY growth in Zomatos food delivery GMV and a 114% growth in Blinkit GMV. While Blinkit's expansion may lead to widening EBITDA losses, its strong unit economics continue to support long-term growth potential.
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News and Media
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