Broadly, we are in a strong uptrend, and it’s advisable to focus on the larger picture. We recommend buying Hudco for a target of Rs 68. Traders can participate by following a strict stop loss at Rs 57.80.
Irdai opens NDB’s Maharajah INR bonds to insurers
In a circular dated August 27, the regulator said that it had received representation from New Development Bank to permit Insurers to invest in Maharajah