The Nifty 50 index declined, losing 61 points at 21,983, while the Sensex slid 303 points to 72,365 at the opening.
Among the Nifty 50 stocks, 38 opened lower, while only 11 gained during the opening session. Notably, Cipla, Sun Pharma, Britannia, HDFC Life, and ITC were among the top gainers, whereas Tata Motors, Hero MotoCorp, and Eicher Motors featured in the top losers list.
Jefferies has maintained a Buy rating with a hike in target price to Rs 8845 from Rs 6250.
Jefferies has maintained a Buy rating with a cut in target price to Rs 1825 from Rs 1980.
Citi has maintained a Buy rating with a hike in target price to Rs 300 from Rs 290.
Citi has maintained a Buy rating with a hike in target price to Rs 7708 from Rs 6276.
Goldman Sachs has maintaind a Sell rating with a cut in target price to Rs 2150 from Rs 2200.
ICICI Securities, The brokerage has set a target price of Rs 300, with the current market price of Rs 194.
Motilal Oswal has maintained a NEUTRAL rating on the stock, with a target price of Rs 340 against the current share price of Rs 329.
Motilal Oswal has responded positively to these numbers, providing a ‘BUY’ rating and establishing a target price of Rs 1,339 against the current market price of Rs 1,268.
Motilal Oswal has given the PSU stock a BUY recommendation, with a target price of Rs 195 against the current market price of Rs158.
Brokerage Emkay’s, The firm has set a target price of Rs 550 against the current market price of Rs 448.
Brokerage Emkay has upped its recommendation to ‘BUY’ and raised the target price to Rs 200, while the current market price of the share is about Rs 160.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice.)
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