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Despite the recent fall in shares of Star Health, market analysts are bullish on the counter with suggestions to buy the dip. However, their target prices are quite below the issue price of the stock.

“The largecap IT stocks are 12-15% return stocks from other levels which we are comfortable buying. My comfort level on something like Infosys is around Rs 1,400. It fell slightly below and it has jumped up around 10% from there. The upside potential remains 5-7%. The targeted range in my view for longer term investors has to be 1,350-1,400 rather than current levels.”

A total of 8,571 shares changed hands on the counter till 11:27AM (IST).

The bank now factors in Iran sanctions relief beginning in the first quarter of next year, at first adding 0.5 million barrels per day (bpd), then 1.3 million bpd over the second half. It previously expected Iran sanctions relief to add supply in mid-2022.

L&T Finance Holdings Ltd., incorporated in the year 2008, is a Large Cap company (having a market cap of Rs 18604.75 Crore) operating in NBFC sector.

"I see market stability in the near term, and any major headline risk may see some negative reaction, but the bounce will also be equally stronger. But every bounce back now will be followed by retail selling. The psychology of retail and HNIs will be to sell and book profits at every rise. Any significant upside is possible if we see a reversal in FII flows."

On the Nifty50 Index, Bajaj Finserv, Tech Mahindra, Britannia, Asian Paints, HUL, ITC, TCS and Infosys plunged 2 per cent each, whereas ONGC rose on similar lines. NPTC, Cipla, HDFC Life and JSW Steel added a per cent each.

Gold futures on MCX were trading with gains of 0.30 per cent or Rs 153 at Rs 51,123 per 10 grams. However, silver futures zoomed 1.25 per cent or Rs 772 to Rs 62,441 per kg.

Sapphire Foods India Ltd. key Products/Revenue Segments include Food Products and Other Operating Revenue for the year ending 31-Mar-2021.

On the other hand, thrust on enhancing structural prospects and business model, accelerated adoption of consumer trends and BPC segment are seen as key positives.