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Heritage Foods with a target price of Rs 355. The current market price of Heritage Foods Ltd.

The BSE Sensex was trading 284 points or 0.40% higher at 71,942. Nifty50 was trading at 21,706 up 88 points or 0.41% at around 9.24 am. From the Sensex pack, Axis Bank, Bajaj Finserv, Reliance Industries, Bajaj Finance, and NTPC opened in the green, while only Infosys, HCL Tech, and Wipro opened in the red. In today's trade, IT stocks will be in focus as market leaders TCS and Infosys are due to report quarterly results post-market hours, kicking off the earnings season in earnest. Among individual stocks, Polycab India opened with a 10% lower circuit amid reports that the Income Tax department found unaccounted cash sales of Rs 1,000 crore. On the sectoral front, Nifty Consumer Durables rose 1.15%, and Nifty Auto surged 0.63%.

As investors await these results this week, a gauge of Indian tech shares has fallen for three straight weeks after rallying for the most part in 2023. The broader benchmark NSE Nifty 50 Index was also in the red so far this year after gaining 20% in 2023.

Bajaj Finance with a target price of Rs 8650. The current market price of Bajaj Finance Ltd.

Bank of India with a target price of Rs 146.0. The current market price of Bank of India is Rs 120.45. Bank of India, incorporated in the year 1906, is a banking company (having a market cap of Rs 53493.85 Crore).

Mumbai Trans Harbour Link (MTHL), is set to be inaugurated by Prime Minister Narendra Modi on January 12. This extraordinary sea bridge, spanning nearly 22km and ranking as the world's 12th longest, has been under construction since 2018. The route commences at Sewri in south Mumbai, traversing Thane Creek and concluding at Chirle in the distant outskirts of Navi Mumbai. According to a TOI report, a senior state government official said, “The state government has extended the invitation to the PM for inauguration of this bridge on January 12.” Preparations for the inauguration are in full swing, with the Mumbai Metropolitan Region Development Authority (MMRDA) initiating the process by floating tenders for event management and project management consultants.

Metro Brands with a target price of Rs 1350. The current market price of Metro Brands Ltd.

Cholamandalam Investment & Finance Company with a target price of Rs 1280. The current market price of Cholamandalam Investment & Finance Company Ltd. is Rs 1231.85 . Cholamandalam Investment & Finance Company Ltd., incorporated in the year 1978, is a Large Cap company (having a market cap of Rs 100201.57 Crore) operating in NBFC sector.

Balrampur Chini, Bandhan Bank, Chambal Fertilizers, Escorts Kubota, Hindustan Copper, Indian Energy Exchange (IEX), The India Cements, Indus Towers, National Aluminium Company, Piramal Enterprises, PVR Inox and Steel Authority of India (SAIL). After moving out of the ban for a day, Zee Entertainment Enterprises (ZEEL) is back on the ban list. Delta Corp and Gujarat Narmada Valley Fertilizers (GNFC) have moved out of the ban. The F&O contracts of any stock enter the ban period when the open interest (OI) on it crosses 95% of the market wide positions limits or MWPL.

Housing demand in India is projected to grow more than threefold and reach 93 million units by 2036 spurred by robust demand and supply in several tier-II and -III cities, according to Confederation of Real Estate Developers’ Associations of India (CREDAI).

Karnataka’s Chitradurga district. Police officials have said that Suchana Seth was trying to flee in a cab. Now the cab driver who played a crucial role in getting Seth arrested has revealed details on how he managed to take the Bengaluru CEO to the police station without arousing her suspicion.

Indian policymakers are expected to fix inverted import duties for sectors like textiles, leather and engineering goods, so that inputs are not charged at a higher rate than ready-to-use products. The commerce ministry has reportedly reached out to the finance ministry to sort out such distortions for more than a dozen items in the Union budget. Manufacturers have long sought corrections, as high input duties increase local production costs, but government action has been slow.

India Today report, the four men who are reported missing had gone to harvest ginger near the area. The people who are missing have been identified as Oinam Romen Meitei, Ahanthem Dara Meitei, Thoudam Ibomcha Meitei and Thoudam Anand Meitei. According to the report, the firing incident happened between Wangoo in Thoubal district and Kumbi in Bishnupur district.

Also Read: BlackRock to cut 3% of workforce, aims for larger employee strength by end of 2024 Microsoft has briefly taken the lead over Apple as the most valuable company a handful of times since 2018. Most recently in 2021, it overtook Apple when concerns about supply chain shortages related to the COVID-19 pandemic hit the iPhone maker's stock price. Analysts believe both tech stocks look relatively expensive in terms of price to their expected earnings.

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Gold prices edged higher on Thursday, supported by a softer dollar ahead of a consumer inflation report due later in the day that could shed some light on the U.S. Federal Reserve's interest rate trajectory.

inflation reports and major bank earnings later in the week. Microsoft, Meta Platforms and Nvidia were the biggest boosts to the S&P 500 index, as the benchmark 10-year Treasury note yield held near 4%and a $37 billion auction of the notes drew above-average demand. Communication services was the best performing of the 11 major S&P sectors, lifted by a 3.65% rise in Meta Platforms' stock, which hit its highest intraday level since September 2021, after Mizuho raised its price target to $470 from $400. Nvidia hit a record high and closed up 2.28% after fellow chipmaker TSMC beat fourth-quarter revenue expectations. After ending 2023 with a strong rally, stocks have struggled to find upward momentum, with the S&P 500 barely positive on the year, as mixed economic data and comments from Federal Reserve officials have led investors to dial back expectations for the timing and size of any rate cuts from the central bank this year. But Wednesday's gains left the index just 0.27% away from its record close of 4,796.56 set on Jan.

inflation data that could influence the Federal Reserve's thinking on rate cuts, while the crypto world got a boost after exchange-traded funds (ETFs) to track bitcoin were approved in the United States. MSCI's broadest index of Asia-Pacific shares outside Japan was 0.67% higher, on course to snap its seven-day losing streak. Japan's Nikkei breached 35,000 for the first time since February 1990 in a blistering start to the year, after rising 28% in 2023, its strongest yearly performance in a decade. The Nikkei was last up 1.9% at 35,085 on Thursday. On the other hand, China stocks loitered near 5-year lows as investor sentiment remained subdued.

Maharashtra Assembly Speaker Rahul Narwekar on Wednesday declared the Eknath Shinde faction as the real Shiv Sena, the chief minister took a swipe at the Uddhav Sena and its MVA partner Congress, saying that the ruling came as a 'shock' to «people who run political parties through dynasties». Speaking to reporters after the Speaker's ruling dealt a numbing blow to the Uddhav faction, which has been at loggerheads with the rival group led by Shinde, the CM said, «This is the victory of truth, of democracy. This is the victory of Shiv Sena workers and the people of Maharashtra.

derogatory remarks against Prime Minister Narendra Modi, Maldives Deputy Youth Ministers Mariyam Shiuna, Mahzoom Majid and Malsha Shareef have been suspended indefinitely, but all three will continue to receive their salaries, the President's Office has said, Maldives local media Adhadhu reported. Providing further information about the suspensions, Maldives President's Office Communications Minister Ibrahim Khaleel told Adhadhu that the three deputy ministers were suspended indefinitely as a measure taken to look into the matter.

Apple's stock over worries about iPhone sales has left the Silicon Valley tech heavyweight in danger of being overtaken by Microsoft as the world's most valuable company. Fresh worries about smartphone demand have pushed Apple's shares down 4% so far in 2024 after rallying 48% last year. Microsoft is up about 2% year to date after surging 57% in 2023.