Sensex Today | Stock Market LIVE Updates: Sensex rises marginally, Nifty above 24,100; Grasim gains 3%, Asian Paints drops 1%

Rating: Upgrade to Overweight from Equal-weight
Target price to Rs 3,500 vs 2,975| LTP Rs 2608| Upside 34%

The brokerage has identified Grasim as its top pick within its coverage universe, pointing to several ongoing growth opportunities. Morgan Stanley noted that Grasim’s paints business has exceeded expectations since its launch, and the next phase of value creation in this segment is now in progress.