Buy, Sell or Hold: Goldman Sachs maintains buy on Shyam Metalics; Morgan Stanley remains underweight on Vedant Fashions

Brokerages are taking a selective approach to the market, backing companies with strong earnings visibility while remaining cautious on demand-sensitive sectors. Goldman stayed positive on Shyam Metalics & Energy for its earnings growth and balance-sheet strength, while Motilal Oswal Financial Services remained constructive on Indian Hotels Company. Meanwhile, Morgan Stanley retained a cautious stance on Vedant Fashions amid demand concerns.