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The average target price estimate of BPCL is Rs 375.5, which shows an upside potential of 14% from the current prices. The consensus recommendation from 29 analysts for the stock is a Hold. 17 analysts have strong buy and buy ratings, while four have strong sell and sell ratings.

The stock fell as much as 31%, hitting record lows, and prices on its benchmark bonds sank to levels that indicate the Swiss lender is in deep financial stress something rarely, if ever seen at a major global bank since the throes of the 2008 crisis, the report further said.

Devina Mehra, Founder and Chairperson of First Global, says Nifty 40-year return has been 15%. We are still not above the trend line and so the risk of a crash is limited. Still, the risk would be in not being invested rather than in being invested. So sitting it out is more risky than being in the market because at some point, you will miss out on a big upmove rather than the comparative risk of a crash from here on.

On the technical charts, the RSI of the stock stood at 39.75.

The Euro Stoxx Banks Index climbed 3.5% at 9:09 a.m. in Paris after tumbling 8.4% Wednesday, the most since March 2020, on mounting concerns over the health of Credit Suisse. The broader Stoxx 600 Banks Index rallied 3.1%. Credit-default swaps showed easing tension in debt markets.

A total of 31,181 shares changed hands on the counter till 02:04PM (IST)

The stock has given a flag pattern breakdown.

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Shares of Adani Power, which have more than halved from 52-week high levels, also saw buying of 16,731 shares by MFs. Similarly, fund managers also bought the dip in Adani Transmission which is down over 78% from peak.

The Bima Sugam is a proposed one-stop-shop for all insurance-related queries, including policy purchase, claim settlement, and insurance advice. It is envisioned as a trusted platform by the regulator, IRDA, and customers can trust the product as it is being promoted by the regulator. The platform will be more like an Amazon-style platform where everybody can come together to transact. There will be buying and selling of products and after-sales service in the form of policy issuance