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The Tata Technologies IPO attracted maximum investor interest, witnessing a subscription of 6.5 times, followed by Gandhar Oil Refinery (5.66 times) and Flair Writing Industries (2.3 times)
InCred downgraded SBI Card to reduce from ADD earlier and has also slashed the target price to Rs 600 from Rs 1000 earlier.
KPIT Technologies shares have gained without any commensurate fundamental catalyst, Kotak said. The domestic brokerage said a more nuanced understanding is required to forecast evolution of its addressable market.
![]KPIT Tech, Wipro, Coal India: Trading strategies for these buzzing stocks - Vimarsana News](https://akm-img-a-in.tosshub.com/businesstoday/images/story/202311/investor-analyzing-stock-market-investments-with-financial-dashboard-on-smartphone-and-computer-screens-1064565776-974c0859957641cba59152a1f84f3e39_5-sixteen_nine.jpg)
KPIT Tech has witnessed a decent rally after giving a breakout above Rs 1,280 level. The near-term support for the stock comes at around Rs 1,420 level while the next near term target is visible at around Rs 1,680-1700 levels.
Indian equity benchmarks were trading higher today. Sensex gained 250 points to 65,905 and Nifty rose 81 pts to 19,775. Here's a look at stocks that are buzzing in action today.