Dolat Capital continues to maintain its positive view on the stock with an accumulated and price target of Rs 1,040 per share.
Major sectoral indices on the NSE were trading in the red with the Nifty Metal index tanking 1.84%.
Trading for the day would remain volatile as traders shift contracts from the current month expiry to the near month contract of November.
Sensex ended at 61,143.33, down 206.93 points or 0.34%, while Nifty closed 57.45 points or 0.31% lower at 18,210.95
The market breadth was in the favour of the bulls as 1,659 shares advanced compared to 591 declining while 98 remained unchanged.
Australia's consumer price index rose 0.8% in the September 2021 quarter, data from the country's Bureau of Statistics showed Wednesday.
Sensex closed at 61,350.26, up 383.21 points or 0.63%, while Nifty ended 132.20 points or 0.73% higher at 18,257.60
The market breadth was positive as 1,782 shares advanced while 634 declined and 89 remained unchanged.
Major Wall Street benchmarks hit fresh records on Monday, buoyed by a strong U.S. corporate earnings season & an improving economic outlook.
On the sectoral front barring banking & financials, all other indices ended with losses.