Leading brokerage firms have upgraded their outlook for Kotak Mahindra Bank and NTPC for 2025. Citi has raised its rating on Kotak Mahindra Bank to 'Buy', with a target price of Rs 2,070, driven by strong loan growth and improving delinquency trends. Investec has maintained a 'Buy' rating on NTPC with a target price of Rs 421, seeing recent stock correction as a buying opportunity, especially as NTPC expands its renewable energy portfolio.
