Nifty opens above 10,000, Sensex moderately higher- FREE INTRADAY TIPS PROVIDER CLICK HERE TO CONNECT US-

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Bank of America Merrill Lynch has maintained buy call on the stock with a target price of Rs 1,322, saying Q1 surprised positively on strong domestic execution. Large order backlog & execution pickup would help meet FY18 guidance.

Jefferies has also retained its buy rating on L&T, with 32 percent upside to a target price of Rs 1,533. It said order pipeline of USD 50 billion should help to meet the full year guidance and macro tailwinds needed for the next leg of upside.

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