Hot Stocks: Brokerage view on BSE, IOC, Sona BLW, REC and Newgen Software

Jefferies issued a "buy" rating for Newgen Software, while CLSA continued to uphold a "buy" rating for REC. BSE received a "hold" rating from CLSA. BofA Securities advised an "underperform" rating for Sona BLW, and Investec downgraded IOC.