F&O: Options show Nifty range shifts to 15,800-16,400 zone Nifty50 finally gave a range breakout after 45 sessions and closed with decent gains of around 250 points. It has been forming higher highs and lows since the past four sessions and supports are gradually shifting higher.
HDFC Q1 results cheer up Street; analysts see up to 31% upside Edelweiss said HDFCs relatively safer assets provide comfort and Covid-19 does deepen its competitive moats. The crisis has touched HDFC too, it said, but the outcomes have been better than initially thought of.
Buy LIC Housing Finance, target price Rs 525: Motilal Oswal LIC Housing Finance Ltd., incorporated in the year 1989, is a Large Cap company (having a market cap of Rs 20648.29 Crore) operating in NBFC sector.