Brokerages wake up to e-comm boom, rush to initiate coverage

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MUMBAI: As the Indian e-commerce story begins to play out and the hunt is on to find India's next Alibaba, brokerage houses are quickly doing a mid-course correction and rushing to cover e-commerce stocks such as Just Dial and Info Edge.

Foreign brokerages such as Goldman Sachs, CLSA, Credit Suisse, HSBC, JPMorgan and UBS have all started tracking these stocks, as they sense the potential of the e-commerce space, and its big-bang impact on Dalal Street.


Read more at:
Brokerages wake up to e-comm boom, rush to initiate coverage - The Economic Times
 

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