|Chennai||Rs. 27580.00 (0.18%)|
|Mumbai||Rs. 28700.00 (0%)|
|Delhi||Rs. 27700.00 (0.73%)|
|Kolkata||Rs. 28270.00 (0%)|
|Kerala||Rs. 27050.00 (0.74%)|
|Bangalore||Rs. 27350.00 (1.11%)|
|Hyderabad||Rs. 27660.00 (1.21%)|
Nomura raises BSE Sensex target to 30,310 by end of August 2015.
Target implies a 17 percent gain from Tuesday's BSE closing level.
"The cyclical pick-up in growth is being ignored by the market obsessed with bold policy and reform moves by the new government," Nomura says.
Highlights Axis Bank
Separately, UBS maintains its 12-month target of 8,000 on the NSE index <.NSEI> saying concerns about government inaction are misplaced.
"We believe investors will be willing to give a premium for growth potential, especially as cyclical economic recovery starts manifesting in data points," UBS said.