Global Brokerages who wanted DMart to be Included in F&amp;O/Index have now started downgrading the stock:

MACQUARIE: New Price Target 3150 (-15% Downside)
MORGAN: New Target 3260 (-12% Downside)
JP MORGAN: New Target 4150 (-12% Downside)
JEFFERIES: New Target 4225 (-4% Downside)