Time for investors to also start looking at mid and small-caps, says Edelweiss Global Asset CEO
FMCG company Emami's shares fell 5 per cent to Rs 366.25.
The Nifty crossed the 11,000 mark and the Sensex topped 37,000 on Wednesday.
Nomura, Kotak Institutional Equities, JM Fiancial, Jefferies and Citi cut target price by 7-28%.
RBI has now aligned risk-weights in line with their ratings.
RCom has fallen 86 per cent in the past three years.
The company said it will sell sale all its telecom infrastructure assets and spectrum.
Hero MotoCorp is well-positioned to be the key beneficiary of a rural demand recovery.
Domestic institutional investors were net sellers of Rs 5 crore worth of shares.
The Nifty ended up 1.7 earnings on the expiry day (Thursday) on short covering.
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