NSDL, CDSL shares get 'Add'; KFin Tech, CAMS rated 'Buy' as Axis Capital initiates coverage — here are the target prices

The domestic brokerage believes, "Market infrastructure/utility players offer a superior play on Indian capital markets as they gain from stable growth, mature market structures with high barriers to entry, strong operating leverage on a low-cost model, and emerging optionality from new businesses."

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