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Share Market Highlights 06 May 2024: Sensex, Nifty close flat amidst volatility, IT stocks rise

Share Market Highlights 06 May 2024: Sensex, Nifty close flat amidst volatility, IT stocks rise
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Hot Stocks: Brokerage view on Vedanta, Bharti Airtel, Kolte Patil and Godrej Properties

CLSA upgraded Vedanta to buy with a Rs 390 target. Antique initiated Bharti Airtel coverage as a buy with a Rs 1505 target. Motilal Oswal started covering Kolte Patil, advising a buy with a Rs 700 target. Jefferies maintained a buy on Godrej Properties, raising target to Rs 3175.

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Hot Stocks: Brokerages views on Bharti Airtel, TTK Prestige, Britannia and Godrej Properties

Jefferies maintained a buy rating on Godrej Properties post Q3 results but raised the target price to Rs 2700 from Rs 2635. “Sales surge preceding margin jump. The company reported back-to-back record pre-sales quarters and a strong launch pipeline for Q4,” Jefferies said.

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