{"id":461305,"date":"2022-01-11T10:24:40","date_gmt":"2022-01-11T04:54:40","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=461305"},"modified":"2022-01-11T11:25:26","modified_gmt":"2022-01-11T05:55:26","slug":"jpmorgan-sees-ongc-at-rs-235-jefferies-downgrades-2-steel-stocks","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/jpmorgan-sees-ongc-at-rs-235-jefferies-downgrades-2-steel-stocks\/","title":{"rendered":"JPMorgan sees ONGC at Rs 235; Jefferies downgrades 2 steel stocks"},"content":{"rendered":"<p>NEW DELHI: Foreign brokerage JPMorgan says ONGC NSE 0.54 % is the best proxy in India to play on rising crude oil prices.<\/p>\n<p>Jefferies is not so optimistic on India metals as 2022 begins. Among other key rating updates, Citi has maintained its &#8216;buy&#8217; rating on Jubilant Foodworks as it believes the stock is for long-term investors.<\/p>\n<p>Reliance Industries has cemented an &#8216;overweight&#8217; view, this time by Morgan Stanley. <\/p>\n<p>In case of steel stocks, Jefferies has downgraded Tata Steel to hold from buy rating and JSW Steel to underperform from buy. The brokerage has set a target of Rs 1,240 for Tata Steel and Rs 600 for JSW Steel.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Foreign brokerage JPMorgan says ONGC NSE 0.54 % is the best proxy in India to play on rising crude oil prices. Jefferies is not so optimistic on India metals as 2022 begins. Among other key rating updates, Citi has maintained its &#8216;buy&#8217; rating on Jubilant Foodworks as it believes the stock is for long-term investors. Reliance Industries has cemented an &#8216;overweight&#8217; view, this time by Morgan Stanley. In case of steel stocks, Jefferies has downgraded Tata Steel to hold from buy rating and JSW Steel to underperform from buy. The brokerage has set a target of Rs 1,240 [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-461305","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/461305","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=461305"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/461305\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=461305"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=461305"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=461305"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}