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Vodafone Idea share price jumps over 4% as UBS upgrades stock to ‘buy’
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Vodafone Idea share price jumped over 4% on Friday's session after global brokerage UBS upgraded its rating to ‘buy’ from ‘Neutral’, with a revised target price of ₹18 from ₹13.10 previously. Vodafone Idea share price opened at an intraday low of ₹14.23 and touched an intraday high of ₹14.75 on the BSE.
Rajesh Bhosale, Technical Analyst at Angel One, said that the stock has seen a gap- up opening and is witnessing follow-up buying in the initial trades. If the gains persist, then we may see further short-term upmoves, possibly towards 15.8.
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