ITC Ltd has received an upgrade from Prabhudas Lilladher, with the research house elevating its rating to BUY and revising the target price to Rs 538 from the previous Rs 524.

Indian markets are expected to open flat today after yesterday's decline. However, overall sentiment in the markets still looks positive.

Following global cues and technical factors, along with continued FII selling pressure, the market is being pushed to lower levels.

A volatile day for the Nifty has passed, with the index maintaining its position in the choppy zone, as we discussed in the previous blog—expecting Nifty to trade between 24,600 and 25,200 levels.

Indian markets opened strong on Wednesday with NSE Nifty trading 174 points higher at the time of publication of this report.

Tata Steel’s Q4FY25 results signaled resilience amid macroeconomic flux, with ICICI Securities reaffirming its BUY rating and hiking the 12-month target price to Rs 190 (from Rs 180), indicating a