HDFC Bank has been downgraded by research house Nomura in its latest research report. Researchers at Nomura have given four negative factors for the reason behind HDFC Bank downgrade.
Three brokerage houses have offered ratings for Apollo Tyres. The stock has witnessed a strong rally from yearly low of Rs 183 to 52-week high touched recently at Rs 427.
ICICI Bank stock can offer decent returns over medium to long term as the Indian banking sector is about to witness strong growth and ICICI Bank is having strong hold in the segment.