Aadhar Housing Finance stock surges 6% as Kotak Institutional initiates coverage with ’buy’ rating. Projects 41% upside

[ad_1] Shares of Aadhar Housing Finance spiked up 6.3% in today’s intraday deals to ₹414.50 apiece after the domestic brokerage firm Kotak Institutional Equities initiated coverage on the stock with a ‘buy’ rating and set a target price of ₹550 apiece, which signals an upside potential of 41% from the stock’s previous closing price of…

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Nifty 50 may rise 11-13% in next 12 months, cautious on midcaps, says Anand Rathi; Hero Moto, ICICI Bank among top picks

[ad_1] The medium to long-term outlook for the Indian stock market remains robust and the benchmark Nifty 50 index is expected to give around 11-13% returns in the next twelve months, analysts at brokerage firm Anand Rathi said. While the smallcap stocks are expected to outperform the brokerage firm remains more cautious on midcap stocks…

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