Brokerage house Emkay Global has suggested BUY rating for private banking major HDFC Bank with target price of Rs 1300 for a medium term perspective. HDFC Bank is currently trading at Rs 1142.
Technical analyst Sudarshan Sukhani has suggested two BUY calls and two SELL calls for today’s trading session. Indian markets are expected to open strong on Monday.
Indian markets have been trading strong over the last few weeks and buying at lower levels has increased confidence among traders and market participants.
Indian market has been trading near its 4 months high for the last week and we have witnessed buying at lower levels and selling pressure at higher levels.