Search+Investment IdeasBrokerages back Stylam, PNB Housing; stay cautious on Wipro SynopsisBrokerages remain selective on Indian equities, with Morgan Stanley maintaining an underweight stance on Wipro due to growth concerns. HDFC Securities upgraded Stylam Industries citing improved governance and growth visibility, while Motilal Oswal reiterated a buy on PNB Housing Finance, driven by strong fundamentals and expansion in higher-yield segments.Brokerage firms remain constructive on select mid- and large-cap stocks, highlighting companies that are well positioned to benefit from improving business fundamentals, strategic initiatives, and earnings growth.While HDFC Securities has upgraded Stylam Industries to a ‘Buy’ on the back of resolved governance concerns and strong growth prospects, Motilal Oswal remains bullish on PNB Housing Finance, citing its expanding presence in BYETMarkets.com 7 mins readJun 08, 2026, 09:34:00 AM ISTGift this Story to your friendsFONT SIZEAbcSmallAbcMediumAbcLargeSAVEPRINTCOMMENTContinue reading with one of these options:Limited AccessFreeLogin to get access to some exclusive stories & personalised newslettersLogin NowUnlimited AccessStarting @ Rs120/monthGet access to exclusive stories, expert opinions & in-depth stock reportsSubscribe NowETUh-oh! This is an exclusive story available for selected readers only.Worry not. You’re just a step away.What’s Included withETPrime Membership
Buy, Sell or Hold: Morgan Stanley maintains underweight on Wipro; HDFC Securities upgrades Stylam Industries
Brokerages remain selective on Indian equities, with Morgan Stanley maintaining an underweight stance on Wipro due to growth concerns. HDFC Securities upgraded Stylam Industries citing improved governance and growth visibility, while Motilal Oswal reiterated a buy on PNB Housing Finance, driven by strong fundamentals and expansion in higher-yield segments.







