Goldman Sachs, Bernstein, CLSA and Jefferies have retained their positive rating on RIL and believe the selling in the stock is overdone at present levels.
Analysts believe that these statements are mere allegations, which, at best, can trigger a knee-jerk reaction in the markets when they open for trade on Monday
According to analysts, one such stock that will keep its upward momentum going is Credit Access Gramin, having an upside of 26 per cent on its current market price of Rs 1,429 as of May 8
The e-auction premium over the fuel supply agreement (FSA) price has improved to between 80-100 per cent which means higher blended realisation compared to June-July premiums of around 60 per cent
Mortimer's success at opening up what was in retrospect an obvious market (who doesn't want to know how to get rich?) encouraged a raft of similar publications
CONCOR has retraced considerably from its record high and reached closer to the support zone of the long-term moving average (200 EMA) on the daily chart