The global investment bank expects policy-related developments to be positive for the Indian gas sector. Local developments have the potential to reverse 3-5 years of underperformance, said the note. It maintains IGL as the preferred overall gas pick with a target of Rs 490. It is positive on MGL with a target of Rs 1040, and Gujarat Gas with a target of Rs 580.
F&O Talk| Nifty’s narrow range breaks on Iran-Israel tensions; 24,450–24,500 emerges as key support: Sudeep Shah
Amidst escalating geopolitical tensions, Indian markets faced a downturn, with the Nifty and Sensex both declining. Analyst Sudeep Shah suggests a cautious approach, highlighting crucial
June 14, 2025