Karvy Stock Broking Limited has maintained ‘Sell’ rating on Larsen & Toubro

After ending the week with a loss of 456 points on Friday (July 11) at 13,469.85, the 30-share index, Sensex today (July 14) opened negatively at 13,322, down 142 points as investors brace for another round of monetary contraction after inflation climbed up to around 12%, and a mixed Asian market providing little comfort.

The BSE Sensex lost 456 points on Friday (July 11) because of

Indiabulls Securities Ltd has maintained a ‘buy’ rating on the Reliance

Indiabulls Securities Ltd is bullish on Larsen & Toubro (L&T). It has maintained an ‘outperform’ rating on the company with a target price of Rs 2720.

Karvy Stock Broking Limited has maintained ‘Buy’ rating on Bharti Airtel stock with an intraday target of Rs 750.

According to Karvy, day traders can purchase the stock between Rs 725-732 with a strict stop loss of Rs 710. If the stock market remains on positive track, the next target for the day will be above Rs 765.

Shares of the company, on Wednesday (July 9), closed at Rs 747.40 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 764838. Current EPS and PE Ratio stood at 32.90 and 22.37 respectively. The share price has seen a 52-week high of Rs 1149 and a low of Rs 688 on BSE.