Brokerage Reports: TCS, Bank of Baroda, Vedanta & More Stocks to Watch

• TCS sees mixed brokerage calls (Morgan Stanley Overweight, Nuvama Buy, Nomura Neutral, Jefferies Hold) driven by its strategic shift to full-stack AI services and its $1.5 billion annual AI revenue.
• Citi gives 'Buy' calls for Bank of Baroda (target ₹350) and AU Small Finance Bank (target ₹990), citing strong loan growth and market share gains respectively.
• Wealth management firms 360 One (target ₹1,615) and Nuvama (target ₹10,175) receive positive outlooks from Citi due to improved margins and operational efficiency.
• Vedanta gains positive sentiment from Citi (target ₹585) and Investec (target ₹635) as NCLT approval for demerger is expected to unlock value.
• Auto sector sees Voltas upgraded to 'Buy' (BoFA), positive coverage for Tata Motors CV (BoFA, JPMorgan), while Hero MotoCorp gets 'Underperform' (Jefferies) due to high valuations.

Why It Matters: AI, demergers, and sectoral recovery are key drivers for market direction, influencing investor decisions.