Shares of ICICI Prudential Life Insurance Company plummeted 6.74 per cent to hit a low of Rs 553.15. Analysts largely have price targets in the range of Rs 590-700 for this stock.
MCX shares rose 3.36 per cent to hit a high of Rs 4,034.45 on BSE. Tata Elxsi was trading flattish at Rs 7,441.40 in a choppy trade. Indsec Securities expects Tata Elxsi to report 2.8 per cent YoY jump in profit at Rs 210 crore.
HDFC Bank is trading above its 50-DMA level of Rs 1,440 and is giving a rectangle pattern breakout on the daily chart. With the support of Rs 1,400, PL recommended going long on the stock for an upside target of Rs 1,700-1,800.