Benchmark domestic equity indices today ended with losses of over 0.6 percent, dragged by the Realty and Oil and Gas sectors. The 30-share index at the Bombay Stock Exchange, Sensex, shed 528 points, to close at 77,620.
Similarly, the National Stock Exchange Nifty-50 lost 162 points, to settle at 23,526. The broader market indices at BSE also ended in negative territory. The Mid-Cap index declined over 0.9 percent and the Small-Cap index fell over one percent.
All major sectoral indices, barring FMCG, IT, media, are trading in the red.
Morgan Stanley maintains Overweight rating on M&M with a target price of Rs 3,336.
Manappuram Finance shares are in focus following the RBI’s decision to lift restrictions on Asirvad Micro Finance.
Advait Energy Transitions shares are under scrutiny after receiving a Letter of Intent (LoI) for a 50 MW battery energy storage project in Gujarat.
Reliance shares are attracting attention as Morgan Stanley sets a target price of ₹1,662.
Prataap Snacks shares are in focus after Mahi Madhusudan Kela and Authum Investment offered to purchase a 26% stake at ₹865.66 per share.
Tata Motors shares are in the spotlight after Jaguar Land Rover’s Q3 performance, with wholesales up 3% and retails down 3%.
TCS shares are drawing attention ahead of its Q3 results, set to be announced today.