The 30-share index BSE Sensex, which opened with a negative gap of around 300 points and lost more than 320 points to touch the day’s low, has regained over 516.51 points and entered into the positive zone.
It has gained over 200 points to touch the high of 14,549.56 on the back of big improvement in the majority of Asian indices. Hang Seng, Shanghai indices turned into positive terrain after wiping off its previous losses.
The recovery was mainly led by BSE Metal, Consumer Goods and Oil and Gas.
Stock market analysts have maintained ‘buy’ rating on ICICI Bank stock with an intraday target of Rs 640.
According to them, interested traders can purchase the stock around Rs 635 with a strict stop loss of Rs 632. If the stock market remains on positive track, the stock pricing becomes more attractive, and reach above Rs 642.
Shares of the bank, on Thurday (July 31), closed at Rs 634.85 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 1353189. Current EPS and PE Ratio stood at 36.93 and 17.13 respectively. The share price has seen a 52-week high of Rs 1465 and a low of Rs 515.10 on BSE.
Emkay has maintained ‘Buy’ rating on Punj Lloyd stock with a long term target of Rs 414.
According to Emkay, interested investors can purchase the stock on declines with a strict stop loss of Rs 265.
Shares of the company, on Thursday (July 31), closed at Rs 269.10 on the Bombay Stock Exchange (BSE). Current EPS and PE Ratio stood at 7.30 and 36.88 respectively. The share price has seen a 52-week high of Rs 589.10 and a low of Rs 183.20 on BSE.
After opening positively on Thursday (July 31), Indian equities continued to remain volatile all through the day on account of F&O expiry and high inflation figures.
BSE Midcap and Smallcap index closed on a negative note after declining 0.24% and 0.21% respectively.
The majority of Asian stocks climbed up on Thursday, led by mining companies as oil rates surged over $ 4 per barrel on July 30, and metals advanced.
After trading in lethargic manner since the opening bell, the Indian stock market eventually came down and lost 125.54 points to touch the low of 14,161.76.
Sensex continued to trade in negative terrain ahead of inflation declaration.
At 1:13 pm, the BSE Sensex lost 88.64 points at 14198.57, while NSE Nifty stood at 4299.80, 13.45 points.
The market experienced 1,179 advancements, 1,200 declinations while 82 remained unchanged.
Stock market analysts have maintained ‘buy’ rating on Suzlon Energy stock with an intraday target of Rs 227.
According to them, interested traders can purchase the stock above Rs 219 with a strict stop loss of Rs 215. If the stock market remains on positive track, the stock pricing becomes more attractive, and reach above Rs 228.
Shares of the company, on Wednesday (July 30), closed at Rs 218.80 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 1582826. Current EPS and PE Ratio stood at 8.46 and 26.14 respectively. The share price has seen a 52-week high of Rs 460 and a low of Rs 174.50 on BSE.
around 300 points and lost more than 320 points to touch the day’s low, has regained over 516.51 points and entered into the positive zone.
with an intraday target of Rs 640. 
target of Rs 414.
remain volatile all through the day on account of F&O expiry and high inflation figures.
market eventually came down and lost 125.54 points to touch the low of 14,161.76. 
with an intraday target of Rs 227. 
