Analysts retain ratings and price targets on RIL

After the third quarter results, 29 analysts had a ‘buy’ rating on the stocks, four had a ‘Hold’ and three had a ‘Sell’ rating. Analysts’ average 12-month price target on the stock compiled by Bloomberg is ₹2,874, implying an upside of 18.4% from Monday’s closing.

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Dollar jumps after strong US payrolls report

The US dollar index jumped significantly following the Labor Department’s report indicating an increase of 165,000 jobs last month, which far exceeded economists’ forecasts. As