Markets cools off a bit - Feb 10, 2012

February 10th, 2012

The Indian stock markets slipped marginally today after the relentless rallies it witnessed during the past few days. The SENSEX came to 17748.69 slipping 82.06 (-0.46%) points while the NIFTY came to sub-5400 levels and closed at 5381.60 losing 30.75 (-0.57%) in trade today. The CNX Midcap closed at 7537.25 adding 3.65 (0.05%) points while BSE Smallcap closed at 6890.85 losing 1.64 (-0.02%).

HSBC Global Research on TCS: Raises target price to INR1,365 (from INR1,260) on roll-over to annualised December 2013 estimates. Says TCS should continue to deliver good growth, as it expands its addressable market in banking and seizes secular growth opportunities in other vertical markets.

IFIN has given a BUY call on Bharti Airtel. It gave a target of Rs 458.

MOST has given a BUY call on M&M with a target of Rs. 879.

Entry Filed under: Equity Markets, Closing Bell

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