ITC, Sumitomo Chemical, Ambuja Cements, Ramco Cements, InterGlobe Aviation and Paradeep Phosphates are among the stocks, in which brokerage houses upgraded their rating.
Nykaa jumped over 5 percent to Rs 146.3, the highest closing level since January 13 and has seen formation of bullish candlestick pattern on the daily charts. In fact, it has been in an uptrend for last seven out of eight straight sessions, but still below all long term moving averages (50, 100 and 200 EMA).
Poonawalla Fincorp has given a downward consolidation breakout on the daily chart, suggesting a rise in optimism. In addition, the stock has moved above the important near term moving average.
Stock Market LIVE Updates: The Nifty futures were trading around 17,903 level on the Singaporean Exchange at 8:05 IST. US markets ended lower, while Asian markets are trading mostly lower.
Normal trading in a security resumes only after the aggregate open interest across exchanges comes down to 80 percent or below the market-wide position limit, the NSE said.
Stocks to Watch: Check out the companies making headlines before the opening bell today.
LKP Research is bullish on Crompton Greaves Consumer Electricals has recommended buy rating on the stock with a target price of Rs 394 in its research report dated February 06, 2023.
LKP Research is bullish on State Bank of India has recommended buy rating on the stock with a target price of Rs 663 in its research report dated February 06, 2023.
LKP Research is bullish on Bharat Electronics has recommended buy rating on the stock with a target price of Rs 119 in its research report dated February 03, 2023.
KR Choksey recommended accumulate rating on Britannia Industries with a target price of Rs 5094 in its research report dated February 06, 2023.
KR Choksey recommended accumulate rating on Cholamandalam Inv and Fin Co with a target price of Rs 865 in its research report dated February 04, 2023.
KR Choksey is bullish on Anupam Rasayan India has recommended buy rating on the stock with a target price of Rs 839 in its research report dated February 03, 2023.
KR Choksey is bullish on Godrej Consumer Products has recommended buy rating on the stock with a target price of Rs 1110 in its research report dated February 03, 2023.
Prabhudas Lilladher recommended hold rating on Marico with a target price of Rs 532 in its research report dated February 03, 2023.
Prabhudas Lilladher recommended hold rating on Mahindra and Mahindra Financial Services with a target price of Rs 260 in its research report dated February 05, 2023.
Prabhudas Lilladher recommended accumulate rating on Emami with a target price of Rs 516 in its research report dated February 03, 2023.
Prabhudas Lilladher recommended accumulate rating on Bajaj Electricals with a target price of Rs 1286 in its research report dated February 03, 2023.
Prabhudas Lilladher recommended accumulate rating on ITC with a target price of Rs 438 in its research report dated February 03, 2023.
Prabhudas Lilladher recommended accumulate rating on AAVAS Financiers with a target price of Rs 2200 in its research report dated February 05, 2023.
Prabhudas Lilladher recommended accumulate rating on Zydus Lifesciences with a target price of Rs 480 in its research report dated February 06, 2023.
Prabhudas Lilladher recommended accumulate rating on Kansai Nerolac Paints with a target price of Rs 485 in its research report dated February 06, 2023.
Prabhudas Lilladher is bullish on Mahanagar Gas has recommended buy rating on the stock with a target price of Rs 1103 in its research report dated February 03, 2023.
Prabhudas Lilladher is bullish on Bank of Baroda has recommended buy rating on the stock with a target price of Rs 220 in its research report dated February 05, 2023.
Prabhudas Lilladher is bullish on Max Healthcare Institute has recommended buy rating on the stock with a target price of Rs 500 in its research report dated February 05, 2023.
Prabhudas Lilladher is bullish on Manappuram Finance has recommended buy rating on the stock with a target price of Rs 144 in its research report dated February 05, 2023.