Recommendation: Add; Target Price: Rs 165
ICICI Lombard shares reserved its losses after hitting 52 week low to Rs 1049 on NSE in March. However, in the last 1 month, it has gained 13%.
Sensex surges 400 points; Nifty above 18,600; all index stocks gain; Nifty Bank at record high
Markets may see some profit booking today.
The first 1 lakh 5G sites were deployed within 5 months of service launch.
Foreign Portfolio Investors continue to provide buying support to Indian equity markets.
Profit booking took place in some Adani Group stocks.
Global cues are negative today for Indian equity markets.
Nifty Metal, Nifty Bank, and Nifty Financial Services in red.
Inflation rate in the country is currently at 100%.