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HDFC Bank. Jefferies also maintains a buy rating on M&M Finance, while Citi remains neutral on M&M Finance. UBS reaffirms its buy rating on HDFC Bank. Additionally, Citi rates Avenue Supermarts as neutral, while Morgan Stanley rates it as overweight, with sell ratings from both Citi and Morgan Stanley respectively. We have collated a list of recommendations from top brokerage firms from ETNow and other sources:

U.S. job openings rose slightly to 8.1 million in May despite the impact of higher interest rates

Markets have been hitting new highs almost every week and the total wealth in equity assets has also risen to all-time highs. Not surprisingly, promoters are set for record stock dilution. As per media reports, promoters of over 200 companies have cumulatively sold stock worth around $4 billion in the last two months alone, taking advantage of richer valuations and cashing-in on the equity they hold.

Narendra Modi has said. In a written message to the Jain International Trade Organisation (JITO) on the seventh foundation day of its incubation innovation fund, Modi said that the kind of optimism and trust being seen worldwide for India is a reflection of the country's strength. «India is a nation of immense possibilities. The participation of our countrymen doing excellent work in various fields and their enthusiasm to develop the country is our biggest strength,» Modi said. The Prime Minister has set a target to make India a developed nation by 2047 with a focus on the use of technology.

Federal Reserve officials at their June meeting indicated that inflation is moving in the right direction but not quickly enough for them to lower interest rates, minutes released Wednesday showed.

Union Budget 2024 announcements may include continued focus on renewable energy by the Narendra Modi government, industry players have said, as they expect policy stability and investment in the sector. «From budget what we expect that there are certain areas on which we need to focus. We have seen in budget what is required for the sector. One is the policy stability is very important because there should not be any fear because today we invest, project takes 18 months to 24 months, so policy stability is one key which we expect,» Sharad Mahendra, Joint MD & CEO, JSW Energy told ETNow in an interview. «One is the policy stability is very important because there should not be any fear because today we invest, project takes 18 months to 24 months, so policy stability is one key which we expect. And boost the renewable energy investment, that is also very-very important because the kind of investment which is required to add almost 40 to 50 gigawatts every year is huge,» Mahendra added.

Congress President Mallikarjun Kharge on Monday took potshot at Prime Minister Narendra Modi's statement that last 10 years of his rule was just a trailer and 'picture abhi baaki hai', saying the third term of NDA has seen exam paper leaks, terror attack in J&K, train accident, airport canopy collapse, bridges cave-ins and toll tax hike. Participating in the discussion on the Motion of Thanks to the President's address in the Rajya Sabha, Leader of Opposition Kharge said the prime minister during the Lok Sabha election campaign stated many times that «pichle 10 saal toh bas trailer tha, abhi asli picture baaki hai» (last ten years was just a trailer, the real picture is yet to come). «How the PM's picture would be, we have been able to imagine in the last one month,» Kharge quipped. Listing out many recent incidents, Kharge pointed out that there have been exam paper leaks, cancellation of many examinations, train accident, three terror attacks in Jammu & Kashmir, leakages in Ram temple, collapse of canopy at three airports, increase in toll taxes and depreciation of rupee.

Prime Minister Narendra Modi intervened during Congress leader Rahul Gandhi's inaugural speech of the session. Gandhi, newly appointed as Leader of Opposition, launched a scathing critique targeting the BJP, RSS, and Prime Minister Modi himself at the Lok Sabha on Monday. Rahul Gandhi accused the government of spreading fear and hate throughout the nation, challenging Modi directly with a pointed question: «Why is the PM always serious?» In response, Modi replied, «Democracy and the constitution have taught me that I should take opposition seriously.»

New Delhi: In what is one of the world’s largest carbon-free green energy supply contract, state-run SJVN's green energy arm will supply 4.5 gigawatt (GW) of renewable energy to AM Green Ammonia Holdings. The company, promoted by Greenko Group founders Mahesh Kolli and Anil Kumar Chalamalasetty, is in the process of setting up one of the world's largest green ammonia production facilities, which will begin with the production of one million tonnes of green ammonia per annum in the first phase, and ramp it up to five million tonnes per annum (mtpa) in the second, set to be completed by 2030.

US military bases across Europe have raised their security alert levels to Force Protection Condition (FPCON) «Charlie,» signaling a heightened threat of terrorist action. This move, the second highest alert level in the US Army's system, was implemented over the weekend, as confirmed by two US officials. Heightened Security Measures The US European Command (USEUCOM) announced that they are constantly evaluating security factors. Although specific details were withheld for operational security, USEUCOM assured that they are maintaining vigilance. A US official stationed at a European base noted that this threat level hasn't been seen «in at least 10 years» and typically signifies an «active-reliable threat.»

On the options front, the maximum Call OI is placed at 24,200 and then towards 24,000 strikes, while the maximum Put OI is placed at 24,000 and then towards 23,800 strikes.

Dr. Reddy's Laboratories with a target price of Rs 6500. The current market price of Dr. Reddy's Laboratories Ltd. is Rs 6429.85. Dr. Reddy's Laboratories Ltd., incorporated in the year 1984, is a Large Cap company (having a market cap of Rs 106802.89 Crore) operating in Pharmaceuticals sector.

Adani Ports & Special Economic Zone with a target price of Rs 1700.0. The current market price of Adani Ports & Special Economic Zone Ltd. is Rs 1476.9. Adani Ports & Special Economic Zone Ltd., incorporated in the year 1998, is a Large Cap company (having a market cap of Rs 319290.14 Crore) operating in Shipping sector.

Google said it has taken a stake in Taiwan's New Green Power and could buy up to 300 megawatts of renewable energy from the BlackRock fund-owned firm to help cut its carbon emissions and those of suppliers. Companies are being pushed to cut greenhouse gas emissions linked to their operations and value chains by investors and Big Tech firms have been among the most ambitious in their targets.

Edited excerpts of an interview: Given that the government holds a majority, I anticipate that the Budget session will proceed smoothly in terms of passing crucial bills. Over the next six months, at least, it seems likely that most bills will be passed without significant issues. The Finance Bill, in particular, is essential, and I expect it to pass without major obstacles.

JSW Infra, Stanley Lifestyles, SAMHI Hotels, Bank Of Baroda, IREDA among others will be in focus due to various news developments. JSW Infrastructure Indicating that the company is still interested in the mega Tajpur deep sea port in West Bengal, JSW Infrastructure Ltd said that it remains open to re-evaluate its strategy for the project.

Flexible workspace provider Awfis Space Solutions is targeting a 50% expansion of its portfolio to reach 135,000 seats by the end of the current fiscal year, with managed office space accounting for the bulk of it.

South Africa did not choke.

inflation, incomplete transmission of the 250 basis point policy rate hikes since May 2022 could delay reversal of the rate cycle by the Reserve Bank of India (RBI).

investing $300 million to acquire a majority stake in renewable energy (RE) firm Fourth Partner Energy, two people aware of the development said.

skills development and entrepreneurship will come up with a new policy on skilling to replace the National Policy on Skill Development and Entrepreneurship, 2015, almost 10 years after the policy was launched to impart skills training in the country. The move is aimed at giving a renewed push to skilling in India while aligning it to the new age skills.