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India's falling credit growth dims hope of economic rebound

Credit growth by banks had nearly halved to 8.8% at the end-September from the start of the year.

Nooresh Merani

Oct 17, 2019, 01.18 AM IST

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NOORESH MERANI

Look out for a reversal rather than the bottom now: Nooresh Merani

I would prefer to be in larger banks like ICICI, Axis and SBI as these have broken out from very long-term patterns.

Buy ITC, target Rs 312: Nooresh Merani

Buy ITC Ltd. at a price target of Rs 312.0 and a stoploss at Rs 298 from entry point.

Sell Apollo Tyres, target Rs 195: Nooresh Merani

Sell Apollo Tyres Ltd. at a price target of Rs 195.0 and a stoploss at Rs 215 from entry poi...

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