rose over 2% after Motilal Oswal initiated coverage on the healthcare services firm with a "buy" recommendation, citing favourable demand, rising healthcare needs and higher health insurance penetration.
"The market has been on an upward bias," said Prashanth Tapse, senior vice president at Mehta Equities, adding that healthy foreign institutional investors' buying over the last few sessions and economic data have fuelled optimism.47.39 billion rupees worth of equities over the period.indicated that the labour market remained tight in March, in-line with expectations, increasing the odds of a Fed rate hike in May. .
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