Sri Lotus Developers and Realty shares rose 5.5% to ₹195.75 after Motilal Oswal initiated coverage with a ‘Buy’ rating and a ₹250 target price, implying a 28% upside. The brokerage highlighted strong fundamentals, sectoral tailwinds, and a robust project pipeline.
US stocks: US market ends down as oil prices, Treasury yields rise
In a turbulent day for Wall Street, the markets faced declines primarily driven by disappointing performances from Alphabet and Amazon, compounded by increasing Treasury yields.