Stock market analyst, Vishwas Agarwal stated, “If institutions feel the pressure due to hike in CRR by the Reserve Bank of India (RBI), then the market may see the BSE Sensex falling to 15,950 or even lower levels of 15,750. But a pipeline of major corporate results may not allow panic selling in the market.”

Welcoming the RBI move, Mr. Agarwal stated that the CRR hike was a crucial step to control increasing inflation.

He expects strong recovery in the equities in the near term once the inflation levels get stabilized.

He also stated that the banking, auto and real estate stocks will have an impact because of CRR hike.

Karvy Stock Broking Limited has maintained ‘Buy’ rating on Bharti Airtel stock

Stock market analyst E Mathew has maintained ‘Buy’ rating on Sical Logistics stock with a short term target of Rs 190.

According to Mr. Mathew, interested investors can purchase the stock on declines with a stop loss of Rs 133.

Mr. Mathew also said that the investors can achieve the target within a period of 4-5 weeks. The stock has been recommended after analyzing its last performances.

Technical analyst, Mathew Easow is of the view that investors can buy Vijay Shanthi Builders Ltd to achieve a short-term target of Rs 109.

According to him, the stock can be purchased on declines with a stop loss of Rs 70.

Mr. Mathew also said that the investors can achieve the target within a period of 6-7 weeks. So, the investors are advised not to sell this stock before achieving this price target.

Thestock will achieve the target price as the company has good growth outlooks considering its projects under implementation and influential future plans.

Karvy Stock Broking Limited has maintained ‘Buy’ rating on BHEL stock with an intraday target of Rs

The 30-share index Sensex, which closed the week at 15,807.64, on April 11, will experience more ups and downs in the coming week.

Inflation numbers continued to be a sign of worry as it zoomed to three-year high of 7.41 percent for the week ended on March 29. The inflation climbed on the back of growing pressure on RBI to further tighten funds supply in its forthcoming annual credit policy later this month.