Share Market News: Domestic equity benchmarks registered mild gains on Thursday and were on track to finish lower for the third session in a row. Both headline gauges rose as much as 0.8 per cent in intraday trade, with the Sensex rising 595.4 points to touch 77,319.5 on the upside and the Nifty50 climbing to as high as 23,391.7, adding 178.5 points to its previous close.

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Investors await more earnings from India Inc for domestic cues, with Infosys–the country's second-largest IT firm after TCS– set to report its financial results later in the day.

Stocks in News | Here's what analysts at various brokerages make of a few buzzing stocks now.  

HDFC Life

HSBC retained a 'buy' rating on HDFC Life Insurance Company after the private sector insurer reported its financial results for the October-December period, keeping a target price of Rs 750 per share. 

HDFC Life registered a higher-than-expected improvement in its margin sequentially and focus on customer acquisition and on deepening distribution should aid the company's growth going forward, according to analysts at HSBC. 

Morgan Stanley has maintained its 'overweight' call on HDFC Life while raising its target price for the stock to Rs 760 from Rs 740. 

NTPC

Macquarie has maintained an 'outperform' rating on NTPC with a target price of Rs 475. 

CEAT

Nomura has continued with its 'neutral' rating on the tyre maker with a target of Rs 3,051 per share.  

PowerGrid

Macquarie has retained its 'outperform' rating on PowerGrid with a target of Rs 380.  

Swiggy 

CLSA has retained an 'accumulate' rating on Swiggy with a revised target price of Rs 750 instead of the earlier Rs 708. 

Zomato 

JPMorgan has maintained an 'overweight' call on Zomato with a target of Rs 340 per share. 

MGL 

Morgan Stanley has maintained an 'overweight' rating on MGL with a target price of Rs 1,606. 

Analysts at the brokerage expect the stock to rise in absolute terms over the next 30 days with an attractive risk reward at the current juncture.  

Vodafone idea

UBS has maintained a 'buy' call on Vodafone Idea but reduced its target price to Rs 13 from Rs 19. 

ALSO READ: Recovery of Rs 4,200 crore dues from Vodafone Idea set to aid this firm’s balance sheet; analysts optimistic

Indus Towers 

UBS has a 'buy' call on Indus Towers with a target of Rs 425. 

Analysts at the brokerage believe the telecom infrastructure company is well positioned to surprise on the dividend front as a key growth driver shifts from Bharti Airtel's tower rollouts to Vodafone Idea's expansion.   

Bharti Airtel

UBS has maintained a 'buy' rating on Bharti Airtel.

Its target is at Rs 1,707 apiece for the telecom stock.  

LTTS 

HSBC has maintained a 'buy' call on LTTS with a target of Rs 6,000 per share. 

On Wednesday, the IT firm reported its quarterly numbers that largely met analysts' expectations. 

Its net profit rose 0.9 per cent sequentially to Rs 322.4 crore while its margin improved by 80 bps to 15.9 per cent, according to a regulatory filing. 

Zee Business analysts had pegged LTTS's quarterly net profit at Rs 345 crore and margin at 15.4 per cent. 

 

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