We had gone into last Friday with a downside objective of 17460. The easing of downside momentum after being in the 17500 vicinity encourages us to hunt for upsides, Anand James Chief Market Strategist at Geojit Financial Services, said.
Hot Stocks: Brokerage view on Lupin and Gujarat Gas; Marico gets an upgrade
Investec raised Marico’s rating from hold to buy, while Jefferies upheld a buy rating for Godrej Consumer. JPMorgan continued to rate Gujarat Gas as underweight