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Tuesday’s top brokerage calls: L&T, Tata Steel, Hindalco, DLF and more

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Tuesday’s top brokerage calls: L&T, Tata Steel, Hindalco, DLF and more

JP Morgan has an “overweight” rating on L&T, while Jefferies downgraded Tata Steel and JSW Steel.

The brokerage said the order inflow trend gave the company hope that it might stick to its guidance. JPMorgan sees a pickup in government capital spending and international orders as medium-term catalysts.

The brokerage has downgraded Tata Steel shares to “hold” and JSW Steel to “underperform”. However, Jefferies retained a “buy” rating on Hindalco stock. The foreign brokerage said weak macroeconomic and demand concerns in China were weighing on metal prices.

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The brokerage sees upside risks to PB Fintech’s third-quarter revenue forecast. Morgan Stanley maintained an “equal weight” rating on PB Fintech shares with a target price of Rs 1,160.

Morgan Stanley said channel checks indicated a positive response from clients. The brokerage’s revenue from the West Delhi project is estimated at Rs 4,200-4,500 crore.

While Asian stocks moved slightly differently, gains in Europe provided some support for Indian markets. The 30-share BSE Sensex closed up 221.3 points, or 0.4 percent, at 60,616.9, while the broader NSE Nifty50 benchmark settled at 18,055.8, up 52.5 points, or 0.3 percent, from its previous close. Both indexes closed higher for the third straight session.

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Laid stars Stephanie Hsu and Zosia Mamet reveal the worst gifts their romantic partners gave them | Exclusive

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Laid stars Stephanie Hsu and Zosia Mamet reveal the worst gifts their romantic partners gave them | Exclusive

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Stephanie Hsu and Zosia Mamet talk about their new series Laid, and some of the horrors of dating as millennials.
Imagine a scenario where anyone and everyone you have ever been intimate with begins to die one by one. Is it a curse? If yes, then who is cursed? These are questions that Stephanie Hsu‘s Ruby battles with in the new zany comedy, Laid. Ahead of the show’s release, Stephanie and co-star Zosia Mamet spoke exclusively with HT about their roles, the show’s unique premise, and the horrors of dating as millennials. (Also read: Dune: Prophecy star Emily Watson on working with Tabu: ‘She is a true treasure’)

Stephanie Hsu on her character’s flawed morality

Laid, created by Nahnatchka Khan and Sally Bradford McKenna, is the story of Ruby (Stephanie Hsu), who discovers that all her sexual partners are dying one by one, and she must warn them. Helping her in this unique quest is her best friend AJ (Zosia). The fun thing about Laid is that the protagonists are not the usual likeable characters. “She is totally an anti-hero of our story. I really love that,” says Stephanie, referring to Ruby’s moral greyness. “I am not a perfect person and I love playing flawed characters. But it was difficult. The creators told me that she is a total narcissist. But narcissists don’t think they are one, so I had to figure out a way to love her. For me, playing Ruby was about getting into her psychology and finding the innocent part of her – which is that she just wants love,” the actor adds.

While sitcoms usually add the best friend as the voice of reason trope, Laid diverges from that, with AJ even zanier and more morally ambiguous than Ruby. Talking about playing such a colourful character, Zosia Mamet says, “When you play not-so-likable or zany characters, people don’t believe they are that way. I don’t think AJ wakes up every morning and thinks, ‘I am absolutely crazy’. It’s about trusting the writing and finding an organic way into these characters to make them seem grounded, real, and relatable.”

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Stephanie, Zosia reveal the worst gifts they received from partners

In Laid, Ruby gives the gift of death to the men she is with, even if that is inadvertent. Ask the women about the worst ‘gift’ a partner has ever given them, and the discussions veer into the unusual horrors of modern-day dating. “I got a vintage wooden duck decoy from someone. It was broken, and I thought, ‘What does this say about our relationship?’. They didn’t know me well enough to know if I’d want this but also that they gave me something old and ailing,” Zosia says with a laugh.

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