Neutral impactResults
Matt Orton sticks with Eternal, ICICI Bank, M&M; explores Nykaa, Airtel, Titan
CNBC-TV18 1 hr ago·9 Sept 2026, 3:55 am
Matt Orton, Chief Market Strategist at Raymond James, has reiterated his preference for large-cap financial and auto stocks, specifically naming ICICI Bank and Mahindra & Mahindra (M&M) as key holdings. His strategy focuses on established companies that offer stability, even as he acknowledges a growing appetite for mid- and small-cap opportunities.
For investors, this endorsement highlights the enduring appeal of large-cap blue-chips. These companies are often seen as safer bets during periods of market volatility, such as when crude oil prices rise or Federal Reserve interest rate policies create uncertainty. Orton’s focus suggests that quality and balance sheet strength remain crucial for long-term portfolios.
Investors should watch how these large-cap stocks perform against the backdrop of global economic risks. While Orton is exploring other names like Nykaa and Airtel, his continued support for ICICI Bank and M&M signals a preference for sectors that drive the core of India's economic growth.
Affected stocks
Neutral2 stocks
Bull / bear label is derived from the article's AI sentiment — indicative, not advice. Prices may be delayed.
Key takeaways
- Concerns ICICI Bank (ICICIBANK).
- Category: Results.
- Also mentions M&M.
Why it matters
A routine update for ICICI Bank. Use the price and stock snapshot to gauge how the market is responding.
