Short term IFCI target seen at Rs 62: Nirmal Bang

MUMBAI: Nirmal Bang has advised traders to buy and hold IFCI. It expects the stock to touch Rs 62 in the short term.

���IFCI is currently consolidating in the range of Rs 51-57. Strong volumes were witnessed in the last couple of days. Buy and hold with a stoploss of Rs 51. Stock is getting ready for a big move, short term target looks possible at Rs 62 and in the medium term Rs 67,��� the report said.