Karvy Stock Broking Limited has maintained ‘Buy’ rating on DLF stock to achieve a target of Rs 165 within 1-2 days.

According to Karvy, day traders can purchase the stock between Rs 155-157 with a stop loss of Rs 150. If the stock market remains on positive track, the next target for the stock will be above Rs 168.

Shares of the company, on Wednesday (Feb 18), closed at Rs 158.70 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 8796462. Current EPS & P/E ratio stood at 12.67 and 12.77 respectively. The share price has seen a 52-week high of Rs 899 and a low of Rs 124.15 on BSE.

Stock market analysts have suggested investors to ‘sell’ SBI stock as there are full chances of a downward trend in this stock.

According to them, investors can sell the stock with a strict stop loss of Rs 1121 to achieve an intraday target of Rs 1082.

Analysts feel that SBI stock would remain under high pressure due to existing market condition. The stock also remained weak on Tuesday (Feb 17), closing below its 21-day moving average.

Karvy Stock Broking Limited has suggested investors to ‘sell’ Idea Cellular stock as there are full chances of a downward trend in this stock.

According to Karvy, investors can sell the stock around Rs 49.50 with a strict stop loss of Rs 52.50 to achieve an intraday target of Rs 45.

Karvy feels that Idea stock would remain under high pressure due to existing market condition.

Reliance Infrastructure Ltd plans a special program to buy-back shares worth $143 million, in a bid to reduce outstanding number of equity shares in troubled times, till mid April. The firm would buy shares at maximum price of Rs 700 per share with premium of 27 per cent to the prevailing market price. Soon, it would start buy back process through open market purchase.

The firm hopes increased earning per share, leading to improvement in net worth. The company had also brought back 87.60 lakh shares worth Rs 796 crore trough an open offer closed on Feb 6, 2009.

India's Reliance Infrastructure Ltd, part of the Anil Dhirubhai Ambani group, on Friday launched a Rs 700 crore ($144 million) buyback offer to boost its share price and returns.

The company said it would buy back shares from the open market at up to Rs 700 each, a premium of more than 27 percent to Thursday's closing price of Rs 550. It may be noted that the buyback announcement comes within a week of the infrastructure firm completing its Rs 796 crore buyback from the open market.

Stock analysts have maintained ‘buy’ rating on Reliance Capital stock with an intraday target of Rs 441.

According to them, interested traders can purchase the stock between Rs 426-428 with a strict stop loss of Rs 405. If the stock market remains on positive track, the stock pricing becomes more attractive, and reach above Rs 450.