Motilal Oswal has initiated coverage on Adani Enterprises with a BUY rating and a sum-of-the-parts target of Rs 3,880, implying about 25 percent upside from the current price of Rs 3,110.

The latest research by Ventura Securities has suggested BUY Call for Adani Enterprises Limited (AEL), positing a robust medium-term upside for investors.

In a transformative move for India’s religious tourism and mountain infrastructure, Adani Enterprises has emerged as the preferred bidder for the Rs 4,081 crore Sonprayag-Kedarnath Ropeway Project,

Indian markets are expected to remain under pressure today but there is also a chance of support from lower levels. Traders should be cautious as NSE Nifty could see further downside.

Market expert Vaishali Parekh from Prabhudas Lilladher has suggested three BUY Calls for today’s session for short term traders.

Indian stock markets closed at all-time highs for BSE Sensex and NSE Nifty as market participants turned bullish. Over the last few weeks, Indian markets have witnessed a broad-based rally.