Target Financial News

JM Financial has reiterated its 'Buy' rating on Nykaa and revised its target price to Rs 250, suggesting an upside potential of 15% from the previous day's closing price of Rs 217. The revision is driven by Nykaa’s robust performance in FY24 and its strategic positioning in key market segments. JM Financial states, “Nykaa’s strong performance in its FY24 Annual Report and its strategic positioning across key market segments provide a solid foundation for future growth.” The brokerage’s optimism is based on Nykaa's robust market share and its potential to benefit from rising consumer spending in the beauty and fashion segments.

REC rallied 2% to Rs 552.35 and 3% to Rs 636.15, respectively, as global brokerage UBS initiated coverage on the stocks, viewing them as key financiers for high-growth renewable power generation and infrastructure capex. UBS has given both stocks a buy rating, with a target price of Rs 670 for PFC and Rs 720 for REC.

That’s the state of the financial market for biodiversity, according to John Tobin-de la Puente, a 15-year Credit Suisse veteran and early player in the market who’s now a professor at Cornell University in Ithaca, New York. The question is how do you get profit-loving capitalists to plow money into a niche market that focuses on the well-being of insects, the health of marine species and the preservation of mangroves?

Rio de Janeiro police carried out 16 search warrants targeting the claw machines that elicit exhilaration among children and adults alike across the city

Breakout stocks to buy or sell: Following a rally in the US stock market, the Indian stock market ended higher for the tenth straight session on Wednesday. The Nifty 50 index climbed to a new peak of 25,129.60, finished 34 points, and closed at 25,052. The BSE Sensex added 73 points and closed at 81,785, whereas the Bank Nifty index ended 134 points lower at 51,143.

Nvidia's quarterly forecast on Wednesday failed to meet lofty expectations of investors who have driven a dizzying rally in its stock as they bet billions on the future of generative artificial intelligence. Shares of the chipmaker fell 6% in after-hours trading, weighing on shares of other chipmakers. The report has been seen as a day of reckoning for the tech sector and the results were treated as mixed, despite heady growth and profit.

verticals into three new verticals — mobility, sustainability and tech – L&T Technology Services (LTTS) told analysts on Tuesday that it aspires to grow each vertical into a $1 billion vertical. Motilal Oswal said in a note, “For context, annualized revenues from mobility, sustainability, and tech stand at $416 million, $354 million and $411 million, respectively.” It said while it was encouraged by the IT engineering services firm’s ambition, the company had not specified a time frame for achieving its target.

Nifty finally made a fresh high of 25129 on Wednesday before closing with gains of 35 points at 25052 levels. «We expect the gradual uptick in the market to continue, supported by FII inflows and healthy domestic macros. Markets are likely to remain volatile on Thursday on account of monthly derivatives expiry. Key Event to watch out for US Q2 Project GDP Data,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal.

Buy or sell stocks today: The Indian stock market indices, Sensex and Nifty 50, hit fresh record highs on Wednesday, August 28. The trading session marked the 10th successive day of Nifty closing in gains.

New Delhi: The Bharatiya Antariksha Station (BAS), India’s own space station currently at its final approval and engineering stages, is now a top priority for the Department of Space (DoS), according to two senior officials. With a launch date of 2028 and operational target of 2035 set by the government, the space station can give India global leverage as the International Space Station seems set to be decommissioned by the end of 2030.

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Telegram, was detained in Paris. The analysts believe that the Kremlin may take advantage of the global uproar to target one of the few platforms that has escaped censorship. According to George Barros of the Washington-based Institute for the Study of War think tank, the 39-year-old Durov left the nation in 2014 after he allegedly refused to turn over the encryption keys, and the Kremlin has been attempting to obtain Telegram for years to expand its power to censor and control the content on the app.

PlayDoge ($PLAY) offers anyone the opportunity to be an early investor before its decentralized exchange (DEX) listing on August 29 at 10 AM UTC.

France’s arrest of Telegram CEO Pavel Durov over the weekend has made the Russian-born entrepreneur a cause célèbre for free speech, but is his detention or exaltation warranted? Hard to know, which speaks to the problem with Europe’s censorship regime. Conservatives in the U.S. are rallying around Mr.

insurance, is generally seen as easier. "People usually take two attempts to clear the NISM exam, whereas bank employees find it easier to pass the Irdai exam," said a relationship manager (RM) at a large bank, speaking on condition of anonymity. The challenge is compounded by the bank’s internal pressures.

Laiqa Wellness has raised Rs 15 crore in a funding round from early-stage venture capital firm IvyCap Ventures. The funds will be used for expanding and developing the company’s tech-based solutions, which focus on personalised hormonal health monitoring, point-of-care assessments, and AI-driven recommendations. Founded in August 2023 by Monica Bindra, Harmeet Bindra and Meenakshi Singh, the Gurugram-based company focuses on women’s wellness, targeting hormonal imbalances through cycle-synced, personalised care.

Canada’s financial institutions are falling short when it comes to the investment levels in renewables needed to reach net zero emissions, according to a new report.

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

The Claman Countdown panelists Scott Redler and Michael Landsberg give their take on the possibility of a recession.

Ukraine has begged its allies for permission to strike Russian territory with Western-supplied long-range missiles, but has been mostly rebuffed.Now, Kyiv says it has its own weapon that’s just as good.The Palianytsia was created by Ukraine’s burgeoning defence industry to finally provide “answers” to waves of Russian bombings and missile strikes, Defense Minister Rustem Umerov promised Monday.Ukrainian President Volodymyr Zelenskyy called it “a new class” of weapon, and released a video suggesting it can strike hundreds of kilometres inside Russia.Those comments came after Russian missiles and drones targeted Ukraine’s electrical infrastructure in the largest such attack in weeks. A second barrage on Tuesday killed at least five people.“Ukraine is preparing its response.

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