UBS added that its strategists are positively surprised by the scope and tone of the Plenum document.
The investment bank adds that company's September-quarter earnings came in line with consensus estimates.
On Tuesday, the partially convertible rupee, the worst performing currency among the major global economies, dropped as much as 3.1 percent to 68.12 per dollar.
The declines also tracked the Indian rupee, which fell to a record low as central bank measures to tighten capital outflows and curb gold imports were seen as unlikely to prop up the currency and could even spark further selling if they spook foreign investors.
But the company should take extra steps to prevent pollution.
Hindustan Unilever shares were up 3.7 per cent at 9.24 am after earlier hitting an all-time high of Rs 632.
Wage hikes and rupee depreciation may affect the business.
FIIs have been strong buyers of shares since last year until a recent streak of selling.
Jindal's house was raided by the CBI on Tuesday.
DLF, which builds homes, offices and shopping malls, has lost about 61 per cent of its value since listing on the stock exchange in 2007, underperforming the wider market.
The company stock ended up 4.49 per cent.
In a landmark judgment that has the potential to change the direction of India's pharmaceutical business, the Supreme Court said on Monday that the drug failed to qualify for a patent according to Indian law.
The buyer received poor investor response to the pricing of the share sale.
Wipro and HCL Technologies among its top picks.
Says the TRC proposal was clumsily worded.
Expected cut in withholding tax for debt investments.
BofA Merrill also upgrades its price objectives for private banks, retaining ICICI Bank Ltd as its top pick, and HDFC Bank Ltd and Axis Bank Ltd as its 'preferred' names.