Shares of PSU stocks Mazagon Dock Shipbuilders and Garden Reach ShipBuilders (GRSE) have fallen nearly 12% and 7.4% respectively in the last three days after the domestic brokerage firm ICICI Securities issued a bearish report on Thursday predicting a downside potential of up to 77%. The domestic brokerage firm had retained its sell rating for…
READ MOREDomestic markets, after a lacklustre start on Tuesday, came under pressure and closed with losses, marking a second straight day in the red. “We expect the market to continue its consolidation mode due to the lack of any major positive trigger. However, investors should use this dip as a buying opportunity in quality stocks especially…
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