Out of the 35 brokerages whose ratings and price targets are uploaded on Bloomberg, 15 have retained their price targets, while 19 raised them by 0.5% to 7.5%. The average price target of the 35 analysts at ₹2,162 is over 14% above Monday’s closing price of ₹1,893.85.
Manishi Raychaudhuri on factors that will dictate the market in next few months
If one looks at the undervalued pockets, at least the sectors which are fundamentally good over the long term, but have underperformed in the near