PFC, REC shares zoom up to 3% as Morgan Stanley initiates coverage with 'Overweight' rating

Power Finance Corporation and Rural Electrification Corporation saw increased interest after Morgan Stanley rated them 'Overweight', with target prices of ₹508 and ₹485, respectively. PFC shares rose 3.12%, reaching ₹430.75, while REC shares climbed 2.5% to ₹401.45.

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