Target Financial News
14.06 / 16:15
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Government to offer 62 coal blocks in auctions next week
NEW DELHI:The government will likely offer 62 coal blocks for commercial mining of the fuel in an auction set to be launched next week. Newly-appointed coal minister G.
14.06 / 15:29
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wellness
JP Nadda stresses expansion of health coverage under Ayushman Bharat scheme
insurance coverage under the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) to all aged 70 years and above as part of the 100-day agenda of the Modi 3.0 government. Nadda chaired a high-level meeting on attaining targeted health goals in the first 100 days of formation of the new government, with senior officials of the ministry here today, an official statement said. He was joined by ministers of state for health Anupriya Patel and Prataprao Ganpatrao Jadhav. Taking stock of the overview of the ministry's functioning, Nadda directed that emphasis should be laid on the quality of health facilities and health systems, the statement stated.
14.06 / 13:49
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Multibagger Stock: Tata Communications rallied over 100% in 2 years; is there more upside ahead?
Tata Communications, a Tata Group stock, have delivered substantial returns to their shareholders over the years, demonstrating resilience in the face of market volatility. The stock, which was trading at ₹914 apiece two years ago, has jumped 104% to trade at the current level of ₹1,868.
14.06 / 11:17
COST
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parachuting
Army unleashes 'silent killer' indigenous Nagastra-1 suicide drones along Pakistan, China borders: Key features revealed
Solar Industries, based in Nagpur, has delivered the first batch of indigenously developed Nagastra-1 Loitering Munitions to the Indian Army, marking a significant milestone in India's defense preparedness and self-reliance in military technology.
14.06 / 11:17
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Visakhapatnam: Rajnath Singh to review preparedness of Indian Navy's Eastern Fleet
Rajnath Singh arrived in Visakhapatnam on Friday to review the preparedness of the Indian Navy's Eastern Fleet. He received Guard of Honour at INS Dega in Visakhapatnam. The Defence Minister shared the information about his arrival through on social media platform X, «Leaving New Delhi for Visakhapatnam. Shall visit the Eastern Naval Command and review the defence preparedness. Looking forward to it.»
14.06 / 08:43
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Defence stocks PTC Industries, BEL, HAL and 9 others gain up to 20% on policy continuity optimism
₹50,000 crore over the next five years, reaffirming an earlier milestone set by the government.Also Read: Indian stock market ready for a dream run, target Nifty 50 at 25,816: PLFollowing this development, shares of PTC Industries jumped 20% to touch a new record high of ₹14,930 apiece, while Paras Defence and Space Technologies also jumped 18% to hit a new peak of ₹1,141, while BEML shares gained 13% to reach ₹4,516.95 apiece. Other defence stocks such as Bharat Electronics, MTAR Technologies, Bharat Dynamics, ideaForge Technology, Zen Technologies, and Astra Microwave Products all gained between 3% and 8%.Shipbuilding stocks also saw an uptick, with Mazagon Dock Shipbuilders rising 6% in intraday trade, while Cochin Shipyard and Garden Reach Shipbuilders & Engineers jumped 4% and 7%, respectively.Also Read: HAL shares surge 7%, gain 167% in one year; what's driving the rally?"PM Modi has given me the responsibility of the Defence Ministry again.
14.06 / 07:39
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US official asked about victory against Pakistan in T20 World Cup, his reaction goes viral
US cricket team in the T20 World Cup. Responding to the query, Miller humbly acknowledged his limited knowledge in cricket matters, stating, «I often get in trouble when I try to comment on things beyond my area of expertise, and I would say Pakistan's cricket team is certainly in that category.» The match in question saw the debutant US team achieve a remarkable victory over former champions Pakistan. Initially, Pakistan set a target of 159 runs in their 20 overs. However, the US team matched this score by the end of their innings, leading the game to a Super Over decider. In the thrilling climax, the US secured the win by scoring 18 runs in their Super Over, while Pakistan managed only 13. Pakistan's unexpected defeat has sparked widespread discussion and humor online, with many social media users sharing criticism and memes in response to the team's performance.
14.06 / 06:49
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Jefferies recommends Buy on Hindustan Aeronautics amid defence indigenisation and export focus, sees 12% upside
Jefferies gave a buy recommendation on Hindustan Aeronautics (HAL) with a target price of Rs 5,725, an upside potential of 12% from the previous day's closing price of Rs 5,103 per share. Jefferies anticipates HAL to sustain double-digit growth over the next 3-5 years, bolstered by positive sentiments surrounding defence indigenisation and exports.
14.06 / 06:17
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Super-rich may quit UK over Labour plans for inheritance taxes on trusts
Keir Starmer's Labour Party, which leads in the opinion polls and which published its manifesto on Thursday, is targeting Britain's wealthiest people to support a public spending programme focused on schools, welfare, energy reform and the National Health Service.
14.06 / 05:15
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Kotak Institutional raises target price for Adani Ports and SEZ to ₹1,650, says outperformance can continue for long
Adani Ports and Special Economic Zone (ADSEZ) to ₹1,650 per share, up from the previous target of ₹1,550. The upgrade is based on the company’s continued outperformance in FYTD24.
14.06 / 04:21
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Sensex Today Live Updates : Sensex touches 77k before turning red, Nifty down; Ambuja Cements, Brigade Enterprises gain
Grasim Industries, Shriram Finance, Hindustan Unilever, Eicher Motors, and Britannia Industries were the top gainers, while Tech Mahindra, JSW Steel, HCLTech, NTPC, and Wipro, were the top drags. Sensex Today Live : Only eight stocks out of the 30 on the BSE Sensex were trading in the green.
14.06 / 04:21
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Stocks to buy or sell: Dilip Buildcon to Honda Power — Sumeet Bagadia recommends five breakout stocks today
Stocks to buy or sell: When it comes to stocks to buy or sell, the Indian stock market has shown resilience despite weak global cues. The Nifty 50 index closed higher for the third consecutive session, and the BSE Sensex also saw gains.
14.06 / 04:21
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Ambuja Cements share price jumps 3% as Penna Cement acquisition seem value accretive; analysts bullish on Adani firm
₹10,422 crore. Ambuja Cements shares rallied as much as 3.86% to a fresh high of ₹690.00 apiece on the BSE.
14.06 / 03:19
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A missile strike from Yemen's Houthi rebels sets a cargo ship on fire in Gulf of Aden
The U.S. says the Iranian-backed Houthis launched two anti-ship cruise missiles and struck a commercial ship in the Gulf of Aden off Yemen, setting it on fire and severely injuring one civilian mariner
14.06 / 02:27
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Stock market today: Trade setup for Nifty 50 to global cues, five stocks to buy or sell on Friday — June 14
Stock market today: Despite weak global market sentiments on the hawkish US Fed meeting outcome, the Indian stock market ended higher for the third straight session. The Nifty 50 index finished 75 points higher at 23,398, and the BSE Sensex scaled 204 points north and ended at 76,810.
14.06 / 02:27
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Mint Quick Edit | Expect a longer wait for a Fed pivot
Even as anticipation has grown over when the US Federal Reserve will shift its monetary policy to an easier setting, the target seems to be moving farther, with distinctly hawkish sounds emanating from Fed policymakers. The US central bank’s latest policy decision announced by chair Jerome Powell on Wednesday has dampened expectations again.
14.06 / 01:27
14.06 / 01:27
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Buy or sell: Vaishali Parekh recommends three stocks to buy today — June 14
Buy or sell stocks for today: Despite weak global market sentiments on the hawkish US Fed meeting outcome, the Indian stock market ended higher for the third straight session. The Nifty 50 index finished 75 points higher at 23,398, and the BSE Sensex scaled 204 points north and ended at 76,810.
13.06 / 22:49
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Automatic tax filing could see Canadians get billions in unclaimed benefits: PBO
Rolling out an automatic tax filing system would mean Canadians receive more than a billion dollars each year in currently unclaimed benefits from not filing their tax returns, according to the federal fiscal watchdog.
13.06 / 21:15
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Here is why you should continue investing in gold despite cooling of inflation
Inflation in the US is reducing steadily though not substantially. This has raised questions about the worthiness of gold as an investment option. Many analysts have responded positively when asked about the option of investing in gold in the current scenario and the tendency for it to appreciate and yield high returns. Apart from the various economic reasons, many upcoming policy related decisions and current geopolitical risks support investments into this metal. Generally, gold is considered to be a safe investment option and many countries also hold on to the reserves, as part of a larger macro-economic framework. Inflation Cooling:
13.06 / 21:07
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