📊 Amid positive global cues, benchmark indices started on a positive note today. 📢 At 9:16 AM, the Sensex gained 226.21 points or 0.31% at 73,964.66. Nifty is higher by 54.15 points or 0.24% at 22,422.15. 📈 ACC (⬆️1.92%), Chambal Fertilisers (⬆️1.47%) and DLF (⬆️1.42%) appeared as the top performers on the Nifty50 at the open. Cipla, Airtel stocks are in focus today.
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Shares of telecom companies surged on Tuesday with the likes of Bharti Airtel and Tejas Networks hitting lifetime high levels. Vodafone Idea also jumped nearly 12% as a successful secondary share sale by the cash-strapped telco raised hopes of its revival. Tejas Networks was the top gainer, registering robust gains for the second session following strong earnings.
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Analysts at most top brokerages raised or retained share price targets on Reliance Industries (RIL) following the company's March quarter results which were mostly in line with estimates. The stock fell 1.4% to close at ₹2,919.5 on Tuesday The average analyst price target on Reliance after the fourth quarter results stood at ₹3,113.94 - implying an upside of 6.67% over Tuesday.
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