Motilal Oswal Research has upgraded Tata Steel (TATA) to a BUY rating, with a target price of Rs 210, implying a 19% upside from the current market price of Rs 177.
Tata Steel, JSW Steel, Cipla, IndusInd Bank and M&M were among major gainers on NSE. Markets were trading almost flat after yesterday's strong closing. US markets closed negative on Tuesday.
SBI shares declined by 1.2 percent on Friday. The banking major faced rejection at higher levels (around Rs 820) and technical charts suggest weakness.