Target Financial News
12.06 / 09:15
markets
IPO
Target
Special Opportunities REIT scraps IPO plans after falling short of £250m target
In a stock exchange notice today (12 June), the board said it did not believe it would be in the best interests of investors to reduce the minimum fundraise below £250m, given the «nature of the market opportunity and pipeline». The real estate investment trust managed by former LXi REIT Advisors senior staff had already received commitments from a trio of cornerstone investors ahead of its proposed IPO, including Columbia Threadneedle Investments. With a listing date set for 17 June, the trust was seeking to raise £500m in an initial fundraise, of which between £104m and £119m had al...
12.06 / 08:15
12.06 / 07:43
markets
UPS
Target
Fox
community
President
Schools
The Rise of Build-to-Rent Communities: A solution to America's housing crisis?
More than half of Americans can’t afford to buy a home because of high mortgage rates and low supply of housing. Some developers are cashing in on a solution to this problem; build-to-rent homes.
12.06 / 05:31
markets
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Target
Election
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Experts
recommendations
Top Stock Recommendations: Sagar Doshi of Nuvama suggests IEX, CCL Products, and Balrampur Chini Mills today
Also Read: Stock market today: Nifty 50, Sensex end flat; midcaps, smallcaps continue their outperformanceNifty 50 has recovered its election result day losses and is consolidating above the result day’s high. On hourly charts, Nifty 50 is trying to form a cup and handle pattern on which dips towards 23,000 and is likely to get bought into for an upside target of 23,500 / 23,800.
12.06 / 05:03
markets
Target
Strategy
Sustainability
Citigroup
recommendations
Equality
Hot Stocks: Brokerage view on Tata Motors, Titan, IndusInd Bank and GMR Airports
Titan Company, CLSA has an outperform rating on Tata Motors and Citigroup recommended a buy on IndusInd Bank. We have collated a list of recommendations from top brokerage firms from ETNow and other sources:
12.06 / 05:03
markets
UPS
Target
security
WhatsApp
reports
Buy India Shelter Finance Corporation, target price Rs 800: ICICI Securities
India Shelter Finance Corporation with a target price of Rs 800. The current market price of India Shelter Finance Corporation Ltd. is Rs 652. India Shelter Finance Corporation Ltd., incorporated in the year 1998, is a Small Cap company (having a market cap of Rs 6965.82 Crore) operating in NBFC sector.
12.06 / 05:03
markets
UPS
Target
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Financial
Buy Tata Motors, target price Rs 1200: JM Financial
Tata Motors with a target price of Rs 1200. The current market price of Tata Motors Ltd. is Rs 1003.9. Tata Motors Ltd., incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 328086.28 Crore) operating in Auto sector.
12.06 / 05:03
12.06 / 05:03
Target
Action
Assurant
Charity
Monarch
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rights
King Charles’ portrait vandalized by animal rights activists
Animal rights activists on Tuesday targeted the first official portrait of Britain’s King Charles since he became monarch, pasting a large image of the well-known animated character ‘Wallace’ over his face, in a protest about welfare on farms.
12.06 / 04:19
markets
UPS
Target
WhatsApp
reports
Buy Coal India, target price Rs 545: Anand Rathi
Coal India with a target price of Rs 545. The current market price of Coal India Ltd. is Rs 484.7. Coal India Ltd., incorporated in the year 1973, is a Large Cap company (having a market cap of Rs 293561.56 Crore) operating in Mining sector.
12.06 / 04:19
12.06 / 04:19
markets
UPS
Target
WhatsApp
reports
Buy JK Paper, target price Rs 720: Prabhudas Lilladher
JK Paper with a target price of Rs 720. The current market price of JK Paper Ltd. is Rs 431.8. JK Paper Ltd., incorporated in the year 1960, is a Small Cap company (having a market cap of Rs 7359.68 Crore) operating in Paper sector.
12.06 / 01:43
UPS
Provident
Target
economy
trends
Experts
Centre to better medium term target for fiscal deficit
₹2.11 trillion Reserve Bank of India dividend, up 141% from the previous year. The Centre had set a fiscal deficit target of 5.9% in FY24, 5.1% in FY25 and 4.5% in FY26. It revised the target for FY24 in the interim budget in February, only to beat it thanks to higher-than-anticipated receipts and lower-than-estimated revenue spending.
12.06 / 01:43
markets
Target
Booking
wellness
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recommendations
Stock picks: From Trent to Torrent Pharma, Motilal Oswal suggests these shares to buy this week
Indian stock market: On June 11, the Indian stock market benchmarks remained in a consolidation phase for the second consecutive session, influenced by subdued global cues.The Sensex commenced trading 191 points higher at 76,680.90 compared to its previous close of 76,490.08. It surged around 370 points to reach an intraday peak of 76,860.53. However, succumbing to profit booking towards the end of the session, the index ended 33 points, or 0.04 per cent, lower at 76,456.59.Also read: Stocks to buy: Axis Bank, Dr Lal Pathlabs among top four stock picks by SMC Global Securities for this weekSimilarly, the Nifty 50 began at 23,283.75, in contrast to its previous close of 23,259.20, and reached an intraday high of 23,389.45.
12.06 / 01:43
markets
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Buy or sell: Vaishali Parekh recommends three stocks to buy today — June 12
Buy or sell stocks for today: Following a choppy trend in the global markets, the Indian stock market erased all its gains in the closing bell on Tuesday. The Nifty 50 index ended marginally higher at 23,264, while the BSE Sensex finished 33 points lower at 76,456.
11.06 / 17:33
Provident
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Action
reports
Discrimination
Courts
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Older worker accuses defense contractor of discriminating by seeking recent college grads
A defense contractor is being sued over allegations that it discriminated against older workers in job ads
11.06 / 16:28
COST
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Progressive
economy
President
show
reports
inflation data
Inflation data this week could help determine Fed's timetable for rate cuts
After Federal Reserve officials meet this week, a statement they will issue may suggest that they’ve seen meaningful progress on inflation this year — a prelude to eventual interest rate cuts
11.06 / 13:59
markets
UPS
Target
Booking
security
wellness
Trade
Stocks to buy: Axis Bank, Dr Lal Pathlabs among top four stock picks by SMC Global Securities for this week
Stock market today: Indian stock market benchmarks consolidated for the second consecutive session on Tuesday, June 11, amid weak global cues.Despite opening higher and trading in positive territory for a significant part of the session, equity benchmarks—Sensex and Nifty 50—ended flat on profit booking in the absence of fresh triggers.Sensex hit its intraday high of 76,860.53, but prey to profit booking in the fag-end and ended 33 points, or 0.04 per cent, lower at 76,456.59. Nifty 50 opened at 23,283.75 against its previous close of 23,259.20 and touched its intraday high of 23,389.45.
11.06 / 13:59
COST
UPS
Target
Election
cover
social
FMCG stocks: Steady monsoon, social welfare thrust likely to aid growth, says Anand Rathi; lists top picks
Also Read: Marico share price up over 31% in less than 3 months. Good time to buy?The brokerage noted that the results of the 2024 general election, particularly the loss of seats in key states like UP and Maharashtra, could prompt the Union government to intensify its focus on social welfare.With upcoming state elections in Maharashtra and Bihar in 2024 and the Budget likely scheduled for July, the brokerage anticipates increased allocation for social welfare schemes, which would boost rural income.The India Meteorological Department (IMD) forecasts above-average monsoon rains at 106% of the long-term average this year.
11.06 / 13:53
11.06 / 13:45
Target
Healthcare
trends
Trade
BASF
International
Technical Breakout Stocks: How to trade Tejas Networks, BASF India and Varroc Engineering on Wednesday
Sectorally, buying was seen in capital goods, oil & gas, and telecom while selling was seen in metal, healthcare, banks and FMCG stocks.
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