As we analysed for the previous session, Nifty was eyeing the 25,000 level, but it was unexpected that it would gain 400 points in a single day, not only crossing this level but also closing signif
NALCO, RCF, BHEL, HUDCO and Garden Reach Shipbuilders were among major gainers in the PSU segment. Overall market trend has turned bullish and NSE Nifty closed the session 1.6 percent higher.
ICICI Securities has reaffirmed its BUY rating on Tata Power, projecting a target price of Rs 470, indicating an 18% upside from its current market price.
In a measured but resolute appraisal, Prabhudas Lilladher has reaffirmed its ‘Buy’ rating on ABB India with a revised target price of Rs 6,851, slightly trimmed from Rs 6,955 earlier.
