InCred downgraded SBI Card to reduce from ADD earlier and has also slashed the target price to Rs 600 from Rs 1000 earlier.
The Indian market closed flat on Tuesday, ahead of the Christmas holiday, with gains in FMCG and auto stocks being offset by losses in metal
The Indian market closed flat on Tuesday with a negative bias. The BSE Sensex fell 83 points while the Nifty50 managed to close above 23,700
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