ICICI Securities has reiterated its bullish stance on SBI Life Insurance Company, maintaining its BUY rating while hiking the target price to Rs2,140 per share from its earlier Rs1,950.

Shriram Finance shares were in demand as the financial services major reported strong growth in interest income and also reported better than expected quarterly numbers.

IREDA, BEML, Rail Vikas Nigam, SAIL, NALCO, IRFC shares were among major losers in PSU segment while overall trend in the Indian markets was negative.

Kotak Institutional Equities has initiated a bullish stance on Adani Ports and SEZ (APSEZ), assigning a "BUY" rating and targeting a fair value of Rs1,840 per share – underpinned by strong fundamen

Jio Financial Services share price will be in focus on Monday as the financial services major is planning to concentrate on insurance business.

SBI shares declined by 1.2 percent on Friday. The banking major faced rejection at higher levels (around Rs 820) and technical charts suggest weakness.