IndusInd Bank: A Buy Recommendation by Jefferies

Jefferies has issued a buy recommendation for IndusInd Bank, setting a target price at Rs 920. The appointment of Rajiv Anand as the next MD & CEO for three years is seen as a positive move, given his extensive experience at Axis Bank. Analysts anticipate improvements in fee, assets, and operating efficiency under his leadership.

ABB India: Downgraded to Hold by Nuvama

Nuvama has downgraded ABB India from buy to hold, reducing the target price to Rs 5,400 from Rs 6,650. The company faces challenges with weak large-ticket order inflows and ongoing margin pressures, leading to adjusted earnings forecasts.

AB Capital: Outperform Rating Maintained by Macquarie

Macquarie continues to recommend AB Capital as outperform, with a target price of Rs 335. The company's stable credit costs and operational leverage are positives, though there's increased stress in the unsecured SME sector.

MCX: Buy Rating by UBS

UBS advises a buy on MCX, targeting Rs 10,000. Key focuses include launching new products and enhancing retail participation, especially in bullion, alongside efforts to improve liquidity in electricity derivatives.

Marico: Buy Rating Upgraded by Goldman Sachs

Goldman Sachs has raised its buy rating for Marico, increasing the target price to Rs 800 from Rs 780. The company's strong volume growth and turnaround in its value-added hair oil business are highlights, despite inflationary pressures on copra.