Finance Minister P Chidambaram issued a statement that there is no plan to ban P-Notes issued by FIIs to their clients and sub accounts. Finance Minister said that there is no reason for alarm. The markets are trading near their all-time highs, but there is nothing to worry. The valuations of Indian Stocks are still looking good as the companies are showing decent growth in numbers. 
ICICI Direct, the retail research arm of ICICI Securities, has reiterated its BUY call on Saregama India with a 12-month target price of Rs 740, about 16% above the Rs 638 market price, after the R
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Featured, India Business, Analyst View, Stock Markets, BOB Capital Markets, Cera Sanitaryware, India, Mumbai
BOB Capital Markets has maintained its BUY rating on Cera Sanitaryware with a target price of Rs 6,437, implying about 34% upside from the Nov. 5 closing price of Rs 4,802.
ICICI Securities has maintained its BUY call on Power Grid Corporation of India, trimming its target price to Rs 350 from Rs 360, which implies about 35% upside from the current market price of Rs
Featured, Analyst View, Futures & Options, Stock Markets, Banking Sector, ICICI Securities, India, SBI
ICICI Securities has maintained its BUY call on State Bank of India with an unchanged target price of Rs 1,300, implying about 34% upside from the current market price of Rs 970.
Featured, India Business, Analyst View, Stock Markets, ICICI Securities, India, Retail Sector, Trent
ICICI Securities has a BUY rating on Trent with a 12-month target price of Rs 3,600, about 18-19% above the current market price of Rs 3,040.
Featured, India Business, Energy Sector, Analyst View, Stock Markets, India, Joindre Capital, Waaree Energies
Joindre Capital Services has kept its BUY rating on Waaree Energies with a target price of Rs 2,908, about 26.2% above the current market price of Rs 2,304.
Main Regional Stories
ICICI Securities has a BUY rating on Asian Paints with a revised 12-month target of Rs 2,740, about 18% above the current market price of Rs 2,320.
Featured, India Business, Analyst View, Stock Markets, FirstSource, ICICI Direct, India, Technology Sector
ICICI Securities, through its ICICI Direct retail research desk, has maintained its BUY rating on Firstsource Solutions Ltd with a target price of Rs 360, implying about 18% upside from the current market price of Rs 306 over 12 months.
Featured, India Business, Analyst View, Stock Markets, Auto Sector, Axis Securities, Hero MotoCorp, India
Axis Securities has maintained its BUY rating on Hero MotoCorp Ltd with a revised target price of Rs 6,025, down from Rs 6,500, implying about 18% upside from the Oct. 29 closing price of Rs 5,105.
ICICI Securities, through its retail research arm ICICI Direct, has retained a BUY rating on Adani Ports and Special Economic Zone with a revised target price of Rs 2,210, about 20% above the current market price of Rs 1,840, over 12 months.
