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Equity benchmark indices Sensex and Nifty declined in early trade on Thursday ahead of the Reserve Bank of India’s monetary policy decision.
Continuous foreign fund outflows and weak trends in the US markets also drove domestic equities lower during initial deals.
The 30-share BSE Sensex declined 325.97 points to 79,142.04. The NSE Nifty dipped 99.1 points to 24,198.40.
Jefferies has maintained a BUY rating with a target price of Rs 825.
Goldman Sachs has maintained a Sell rating on the stock with a hike in target price to Rs 2450 from Rs 2150.
Bank of America has maintained a BUY rating on the auto stock with a target price of Rs 1280.
JPMorgan has maintained an Overweight rating with a target price of Rs 3300.
Jefferies has maintained an Underperform rating with a target price of Rs 2190.
Jefferies has maintained a HOLD rating with a hike in target price to Rs 1900 from Rs 1535.
Morgan Stanley has maintained an equal-weight rating with a target price of Rs 472.
Investec has maintained a BUY rating on the stock with a hike in target price to Rs 1531 from Rs 1431.
(Disclaimer: The information provided in this article is for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.)
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