The benchmark Sensex rose by 418 points to settle at a six-month high, driven by optimistic domestic macroeconomic data and gains in global markets. Buying in index majors Reliance Industries and ITC also added to the positive mood in equities. Additionally, the Nifty closed above the 17,700 mark.
YES Securities is bullish on Ujjivan Small Finance Bank has recommended buy rating on the stock with a target price of Rs 50 in its research report dated June 11, 2023.