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Everyone selling IT stocks after record crash, but this Rs 1.3 lakh crore mutual fund doing the exact opposite
While foreign investors fled India's IT sector, dumping Rs 17,000 crore in February, the PPFAS Flexicap Fund made a bold contrarian move. The fund aggressively bought shares in HCL Technologies, Infosys, and TCS, despite AI fears causing the Nifty IT index to plunge. This strategic accumulation contrasts sharply with analyst downgrades and widespread sector pessimism.
Motilal Oswal Home Finance raises USD 100 million from Asian Development Bank
Motilal Oswal Home Finance (MOHFL) has entered into an agreement to raise USD 100 million in INR-equivalent from the Asian Development Bank (ADB) in the form of debt through Non-Convertible Debenture (NCD). The financing represents an important milestone for MOHFL and reflects strong confidence from a leading global development finance institution in the Company's business model, governance framework, and long-term growth prospects.
This mutual fund expert sees strong growth potential in midcap stocks
Sandeep Bagla of TRUST Mutual Fund sees strong growth potential in Indian midcap equities, driven by economic expansion, policy support, and sectors like technology, consumption, and energy.
AI disruption may create new sector winners: Trust MF's Mihir Vora
Trust Mutual Fund CIO Mihir Vora expects IT services firms to adapt their business models over time, while data centre and power infrastructure companies may benefit from rising AI demand. Vora remains constructive on markets, favouring financials, infrastructure, and selective growth sectors.
Tata Steel shares may see 15% upside on strong domestic outlook
Motilal Oswal keeps a buy rating on Tata Steel, target ₹240, citing strong demand, expansion, EU recovery, and price support. Shares rose 53.8% in a year.
Buy Coforge; target of Rs 1900: Motilal Oswal
Motilal Oswal is bullish on Coforge recommended buy rating on the stock with a target price of Rs 1900 in its research report dated Jun 17, 2026.
Buy Tech Mahindra; target of Rs 1750: Motilal Oswal
Motilal Oswal is bullish on Tech Mahindra has recommended buy rating on the stock with a target price of Rs 1750 in its research report dated April 22, 2026.
Buy Persistent Systems; target of Rs 6200: Motilal Oswal
Motilal Oswal recommended is bullish on Persistent Systems recommended buy rating on the stock with a target price of Rs 6200 in its research report dated Jun 22, 2026.
Buy Fujiyama Power Systems; target of Rs 340: Motilal Oswal
Motilal Oswal is bullish on Fujiyama Power Systems recommended buy rating on the stock with a target price of Rs 340 in its research report dated April 23, 2026.
Buy Cyient DLM; target of Rs 470: Motilal Oswal
Motilal Oswal is bullish on Cyient DLM has recommended buy rating on the stock with a target price of Rs 470 in its research report dated April 21, 2026.
Buy HCL Technologies; target of Rs 1650: Motilal Oswal
Motilal Oswal is bullish on HCL Technologies has recommended buy rating on the stock with a target price of Rs 1650 in its research report dated April 21, 2026.
Buy Persistent Systems; target of Rs 6200: Motilal Oswal
Motilal Oswal is bullish on Persistent Systems has recommended buy rating on the stock with a target price of Rs 6200 in its research report dated April 21, 2026.