Recommendation: Buy; Target price: ₹195
GAIL India will essentially offtake its part of the volumes back-to-back.
Tejas Network, Tata Elxsi, and Tata Chemicals have all seen stock losses of more than 10% so far this year, while the rest stocks have increased by 1% to 5%.
Spot gold remained stable at $2,035.12 an ounce
IMF pegs India GDP 20 basis points higher and US GDP 60 basis points higher for 2024.
Analysts of IIFL Capital Services continue to prefer stocks with better growth visibility (INFO/PSYS/COFO).
JK Tyre & Industries' net profit nearly quadrupled to ₹227 Crore in the three months ended December 31.
Subdued performance expected on a sequential basis.
Biocon was trading on the BSE at ₹295.15 at 9:29 a.m., down ₹3.60, or 1.21 %.
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