DHFL’s default can accentuate contagion risk; ICICI Bank, HDFC among top picks: CLSA
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DHFL default can expose Rs 1 lakh crore in borrowing to risk of default/haircuts Prefer banks over NBFCs; ICICI, IndusInd, HDFC & ICICI Lombard are top picks CLSA on GAIL
KMRC brings home ownership to masses DHFL’s default can accentuate contagion risk; ICICI Bank, HDFC among top picks: CLSA clsa feels asset sales will be key to prevent defaults by DHFL, "Public sector banks (psu banks) are also among the key lenders and. "This default could also accentuate contagion risk in the financial. to pare stake in the.
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Market Headstart: Nifty likely to open lower; Bata, ICICI Lombard top buys Trends on SGX Nifty indicate a negative opening for the broader index in India, with a 0.32 percent loss or 35 points. Nifty futures were trading around 11,013-level on the Singaporean Exchange.
CLSA added that a default could also accentuate contagion risk in the financial sector. It prefers banks over NBFCs. In the financial space, CLSA top picks include – ICICI Bank , IndusInd Bank.
small business owners understand the importance of certain elements of business, such as investment and loans, and the importance of defining the goals of the business in a coherent business plan. A small business owner is a solution provider. He contributes to the reduction of unemployment and. It’s been a slow comeback for non-traditional, or alternative documentation home loan programs.
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Technical setup of Nifty Private sector Bank Index looks bullish on the charts. largecap private banks can outperform in the current scenario. Mitessh Thakkar of mitesshthakkar.com recommends buying.