On the sectoral front, Nifty Bank and Financial Services are dragging down the chart.
Recommendation: Add; Target Price: Rs 165
This would be the third time in current financial year that Mumbai-based multinational mining company pledged its shares in Hindustan Zinc.
Nifty Metal, Nifty Bank, and Nifty Financial Services in red.
NTPC is also planning to come up with initial public offering for its renewable energy arm NTPC Green Energy Ltd (NGEL) to raise funds
The introduction of the Paytm UPI SDK is an additional feature within the existing UPI acquiring arrangement between Paytm Payments Services Ltd. and Paytm Payments Bank.
Recommendation: Buy; Target Price: Rs 220
Recommendation: Reduce; Target Price: Rs 2430
She has joined from Holcim Group where she worked as the CFO for Asia Pacific, Middle East & Africa operations, it said.
- By R. Venkataraman, Chairman, IIFL Securities