Latest Brokerages/ Analyst's Reports , Recommendations and Price Targets | Daily updated

IndusInd Bank Q1: Brokerages Split on Outlook

IndusInd Bank’s Q1 business update has attracted cautious and optimistic calls from top brokerages. Here’s what investors should know.

Jefferies: Maintains Buy, Sees Steady Deposits

Jefferies has kept its ‘buy’ rating with a target price of Rs 920. The brokerage noted that while the loan book contracted, deposit outflows were limited, down just 3% quarter-on-quarter. This shows that depositor trust remains steady. Jefferies also highlighted that a key credit rating agency removed its negative outlook, which could boost market sentiment.

Morgan Stanley: Underweight on Slow Recovery

Morgan Stanley, however, remains ‘underweight’ with a target price of Rs 750. It calls the quarter muted and expects only a gradual earnings recovery from Q2 onwards. The brokerage is concerned about a declining share of high-margin loans and uncertainty around the appointment of the new CEO.

Key Watchpoints for Investors

Retail investors should track Q2 loan growth, fresh deposits, and management’s updates on margins and leadership. The improved credit rating is a good sign, but any weakness in asset quality or delays in leadership clarity could weigh on the stock in the short term.

Disclaimer: This update is for information only. Always do your own research before investing.

7th July 2025

BSE Outlook After Jane Street Ban: What Brokerages and Smart Investors Are Watching

SEBI’s ban on Jane Street has made traders worry about near-term volumes, but there’s more under the surface that investors shouldn’t miss.

Jefferies: Near-Term Dip, But Strong Backstop

Jefferies says the ban could temporarily dampen options volumes because Jane Street was a big player. But other proprietary traders may pick up some of that slack. Friday’s options premium turnover was already below the recent average, so the coming week’s trend will matter. Earnings risk looks limited since FPIs make up just 3–4% of turnover. Plus, BSE’s asset services and investment banking now form nearly half its revenue, giving it a safety net beyond trading fees.

Goldman Sachs: Target Trimmed, Long-Term Gains Possible

Goldman Sachs maintained a ‘neutral’ view but cut its target price to Rs 2,300 from Rs 2,430, trimming earnings forecasts slightly. However, they believe BSE’s cash equity market share can grow to 7.4% in the medium term, which could offset some volume dips.

Investor Angle: Resilience in New Revenue Streams

Here’s what stands out: BSE isn’t just about F&O anymore. Its push into SME listings, asset services, and investments gives it multiple growth levers. If you’re a patient investor, this diversification could quietly make BSE more resilient than many think.

Disclaimer: Information only. Do your own research or consult an advisor before investing.

7th july 2025

Other Critical News