Stocks to Sell: Jefferies and Morgan Stanley warn of downside in 3 major Indian stocks

Stocks to Sell: Foreign brokerages have turned cautious on three major Indian stocks: Petronet LNG, Bajaj Auto, and Bajaj Finance. Jefferies, Citi, Morgan Stanley, and Bernstein have issued negative ratings on these companies, citing lower volumes, rising provisions, and increasing NPAs as key risks weighing on their outlook.