JPMorgan has upgraded General Insurance Corporation to buy with a target price of Rs 230, stating that it foresees an improvement in the trend of combined ratio for next year. Goldman Sachs has maintained its sell rating on both Info Edge and BHEL, with a target price of Rs 3340 and Rs 34 respectively. However, it has kept its buy rating intact on Dabur India with a target price of Rs 600. CLSA has maintained its sell rating on Vodafone Idea with a target price of Rs 5.
Tech View: Nifty’s weekly bullish engulfing candle signals strength; key resistance at 23,800. How to trade on Monday
Nifty formed a red candle on the daily chart on Friday, indicating weakness, but a green candle on the weekly scale confirmed last week’s bullish