BSE Mid-Cap index added 0.33% and BSE Small-Cap index rose 0.26%.
HDFC Securities have set a price target of Rs 3,300 for Tata Elxsi, supported by top quadrant growth/efficiencies, quality of franchise, industry tailwinds, and favourable risk-reward ratio.
BSE Healthcare index rose 0.93% to 20,736.37, advancing for second day in a row. The index has added 2.08% in two sessions while the benchmark Sensex has added 1.14% during the same period.
Sensex at 49,552 falls 305 points or 0.60%, while the broader market index Nifty50 was down 66 points or 0.45% at 14,677 amid renewed concerns of a possible lockdown due to spike COVID-19 cases in the country.
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Moderate contraction in bond yields offered support to domestic equities despite the prevailing concern of rise in daily COVID-19 cases.
Investors should consider booking profit on Easy Trip Planners.
Shares of Easy Trip Planners opened for trading at Rs 212.25 on the National Stock Exchange, compared to the issue price of Rs 187, marking a premium of 13.50%.
29 of 30 Sensex stocks traded in the red. ONGC fell the most on the Sensex down 4.05%
On an intraday basis, Nifty slumped nearly 400 points to hit a low of 14,479 and Sensex plummeted 1,334 points from day’s high to 48,962.