Jefferies downgraded GAIL India to underperform with a target price of Rs 105. The June quarter was a weak print with misses in transmission and Petchem compensated by a beat in trading.
The third quarter earnings results will be announced by 134 companies, with key players such as Nestle India, IndusInd Bank, Sun Pharma, ONGC, Vedanta, and
In the Nifty500 pack, 10 stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on January 30, according to stockedge.com’s technical scan data.
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