Here are the key brokerage updates and fund house recommendations that could impact stock movements in today’s trade:

Jefferies

  • Indian Hotels: Maintains Buy rating, target price ₹980/share

  • HDFC Bank: Maintains Buy rating, target price ₹2,380/share

  • IndiGo: Maintains Buy rating, target price ₹6,300/share

  • Max Financial: Maintains Buy rating, raises target price to ₹1,830/share

  • GMR Airports: Maintains Buy rating, target price ₹100/share

  • Ambuja Cements: Maintains Buy rating, target price ₹700/share

  • BSE: Maintains Hold rating, raises target price to ₹2,900/share

  • Sai Life Sciences: Maintains Hold rating, target price ₹800/share

  • HDFC Bank (second update): Maintains Buy rating, target price ₹2,200/share

Macquarie

  • Persistent Systems: Maintains Outperform rating, target price ₹7,330/share

Antique Stock Broking

  • HDFC Life: Management reiterated goals to grow APE ahead of the industry and double VNB every 4–4.5 years

UBS

  • Sun Pharma: Maintains Buy rating, target price ₹2,450/share

JP Morgan

  • HDFC AMC: Downgrades to Neutral, target price ₹5,000/share

Kotak Institutional Equities

  • NMDC: Maintains Sell rating, target price ₹55/share

Citi

  • NMDC: Maintains Sell rating, target price ₹60/share

  • IndusInd Bank: Maintains Sell rating, target price ₹700/share


Disclaimer: The brokerage views and investment recommendations mentioned above are their own and do not reflect the opinion of this publication. Investors are advised to consult certified financial advisors before making any investment decisions.