Stock calls for today: What brokerages are recommending for May 23
Morgan Stanley downgraded IndusInd Bank to underweight from equal-weight earlier and cut target price to Rs 700 from Rs 755 earlier. Analysts said a bear case is playing out in the stock.They expected sharp net interest income (NII) miss post recent disclosures but were negatively surprised by incorrectly classified MFI slippages. They also said that…