IndiaMart Stock Soars 6% on Nuvama’s Bullish Upgrade: Target Price Hits ₹3,800

IndiaMart Intermesh saw its shares jump significantly following a bullish upgrade from Nuvama Institutional Equities. The brokerage firm has issued a ‘Buy’ recommendation, projecting a strong rebound in demand for the online business-to-business (B2B) marketplace. Nuvama’s optimistic outlook is based…