Target Financial News

Shares of FMCG major Nestle India fell 4% to their day’s low of Rs 2,148 on the NSE in Wednesday's early trade after global brokerage firm BofA Securities downgraded the stock’s rating to an ‘underperform’ and also lowered its target price to Rs 2,140 from an earlier Rs 2,315.

Waqf Amendment Bill will taken up for debate and passage in the Lower House of the Parliament today. With the parties in the ruling BJP-led National Democratic Alliance and the Opposition INDIA bloc showing no signs of bipartisan consensus building, the outcomes may be decided on the majority numbers on the floor. The strength of the NDA in Lok Sabha is 293, comfortably ahead of the majority mark in the 542-member House. Even in Rajya Sabha, NDA has surpassed the majority mark with 126 members on its side in the House of 236 members, including two independents and six nominated members, who invariably vote in support of the govt. Read more: Waqf (Amendment) Bill, 2024 to be taken for passage in Lok Sabha on Wednesday; here's all you should know The bill will be tabled after the Question Hour today for consideration and passing, and following that, an 8-hour discussion will be held, which is also subject to an increase.

Subscribe to enjoy similar stories. • Chalet Hotels: Buy above ₹850 | Stop loss ₹825 | Target ₹915-940 After a phase of consolidation, the trends show the inability of the stock to move higher with prices facing headwinds again. The last Q3 numbers were not encouraging.

Donald Trump on Wednesday is set to announce the most expansive US trade restrictions in a century, at a stroke upending the postwar global trading system and posing difficult-to-predict economic risks. The administration’s plans to impose what Trump calls reciprocal tariffs have left investors, executives, government officials and consumers around the world guessing what lays ahead when he takes the podium at the 4 p.m. White House Rose Garden event. Deliberations are coming down to the wire, with the size and scope of new levies still being discussed Tuesday. Also Read: As tariff clock counts down, Trump is still up for 'a good negotiation' The lack of details so far on the structure, size and targets of the levies have left the world “flying blind” heading into the big announcement day, according to Nomura Holdings Inc. chief economist Rob Subbaraman. “The Trump administration’s proposed reciprocal tariffs mean different things to different people,” he wrote in a recent note to clients. While a direct approach means the US matching the levies that other nations impose on US goods, “we suspect the criteria for US reciprocal tariffs will be much broader than that, and indeed more difficult to quantify.”

The US State Department said in a statement that «today's action is a part of President Trump's maximum pressure campaign on the Iranian regime to disrupt efforts by the US-sanctioned Iran-based Qods Aviation Industries to procure equipment for Iran's military-industrial complex and UAV program.» «The United States will use all available means to expose and disrupt Iran's growing UAV and missile development programs and weapons proliferation, which destabilize the Middle East and beyond,» the statement added. Further, the State Department said that they will «continue to act» against the complex schemes Iran uses in third countries to conceal its acquisition and its transfers of sensitive technology. According to the US State Department, Iran uses this technology and the proceeds from arms sales to bolster its military industrial base to build missiles and UAVs, which are used against fellow countries, as well as exported to Russia, terrorist proxy groups around the Middle East, and to other actors of concern

Shriram Finance shares will be in focus on Wednesday after the Reserve Bank of India (RBI) approved the company’s 100% acquisition of Shriram Overseas Investments from Shriram Investments Holdings. Additionally, the central bank has cleared the appointment of Umesh Revankar, Executive Vice Chairman, and Parag Sharma, Managing Director & CFO, as Directors on the board of Shriram Overseas Investments, subject to compliance with specified conditions.

The campaign appears to show no signs of stopping as the Trump administration again linked their airstrikes on the Iranian-backed Houthis to an effort to pressure Iran over its rapidly advancing nuclear program. While so far giving no specifics about the campaign and its targets, White House press secretary Karoline Leavitt put the overall number of strikes on Tuesday at over 200. «Iran is incredibly weakened as a result of these attacks and we have seen they have taken out Houthi leaders,» Leavitt said. «They've taken out critical members who were launching strikes on naval ships and on commercial vessels and this operation will not stop until the freedom of navigation in this region is restored.» The Houthis have not acknowledged the loss of any of its leadership so far — and the US has not identified any official by name. However, messages released by the leak of a Signal conversation between Trump administration officials and their public comments suggest a leader in the rebels' missile forces had been targeted. Fatal strike reportedly targets Hodeida

JSW Energy shares are likely to be in the spotlight on Wednesday, April 2, after the company announced a major operational milestone, surpassing the 10 GW installed capacity mark in FY2025, a first in its history. “JSW Energy Limited (“the Company”) has achieved a significant milestone by adding 3.6 GW of generation capacity during FY2025, marking the highest annual capacity addition in the Company's history,” the company said in an exchange filing.

Coal India shares will remain in focus on Wednesday after the state-run company announced a Rs 10 per tonne price hike for both coking and non-coking coal, effective April 16. The company stated that its board had approved the increase in the «notified price of coal by Rs 10 per tonne, from the current Rs 10 per tonne to Rs 20 per tonne for non-coking coal and Rs 10 per tonne for coking coal, for both regulated and non-regulated sectors across CIL, towards contributing to the corpus of CMPS-1998.» Coal India contributes to over 80% of domestic coal production.

Tata Consumer Products shares will be in focus on Wednesday after Goldman Sachs upgraded the stock to a 'Buy' rating and raised its target price to Rs 1,200 from Rs 1,040. The brokerage expects strong earnings per share (EPS) growth for the company over FY25-27, driven by a recovery in tea margins through price hikes.

Tata Motors shares will be in focus on Wednesday after the company reported flat domestic sales of 90,500 units in March 2025, compared to 90,822 units in March 2024. While passenger vehicle (PV) sales, including electric vehicles (EVs), rose 3% to 51,872 units, commercial vehicle (CV) sales declined 3% to 41,122 units.

The tenure of the deal or the name of the company was not disclosed.

Swiggy shares will be in focus on Wednesday after the food and grocery delivery firm received an assessment order from the Income Tax Department for unpaid dues of Rs 158.25 crore. The tax demand pertains to the fiscal year 2022, during which Swiggy did not pay tax on cancellation charges paid to merchants and interest income from an income tax refund, the company said.

Subscribe to enjoy similar stories. Global cues continue to dictate the trends in the Indian stock market as we begin the new financial year. While trends remain uncertain, certain stocks are able to handle this scenario efficiently.

Lena Dunham recently stepped out to lead a rally for trans rights just outside the US Capitol. The 38-year-old feminist advocate made a rare appearance in Washington DC on March 31. The rally was hosted by the Christopher Street Project for the Trans Day of Visibility, People magazine reported.

Munro joined Newton in 2021 as CEO from Aviva Investors, where he held a similar role for more than seven years. Prior to that, the outgoing CEO spent nearly 18 years at Standard Life Investments, now Aberdeen, in several senior roles. BNY closes amber-rated Newton Managed Targeted Return fund after failed merger Sheth became co-CIO in 2022, joining from Redington whether he served as CEO for nearly six years. Writing on LinkedIn, Munro said it has been a «privilege to lead this storied firm». «I am leaving behind some of the best investors I have ever had the privilege to work ...

Subscribe to enjoy similar stories. It is unreasonable to expect developing countries to commit to costly climate mitigation strategies when the only reason developed nations are where they are is that they used cheap polluting technologies to get there. Having said that, global warming is real, and unless all countries commit to a more climate-friendly approach, we will have no hope of fighting it.

Subscribe to enjoy similar stories. When Donald Trump announced his bid for reelection in November 2022, the 45th President of the US relied on promises of sweeping reforms to win the American people over. Among these promised reforms was the idea of increasing tariffs.

The deposit protection limit is the maximum amount of money the FSCS protects if a depositor's bank, building society, or credit union becomes insolvent. It has remained at £85,000, per person, per institution since 2017. FCA and PRA ditch plans to progress with diversity and inclusion targets The proposed increase accounts for inflation over the past seven years and aims to reassure consumers about the security of their deposits in UK-authorised financial institutions. If implemented, the new limit will apply to firms that fail from 1 December 2025. PRA deputy governor for prudent...

Indian market is likely to trade lower on Tuesday, tracking muted global cues. The Nifty future closed negative with losses of 0.57% at 23,643 levels on Friday.

Gold June futures contracts at MCX rose by Rs 677 to their new all-time high of Rs 90,797 on Tuesday, April 1, amid uncertainties surrounding the trade war. Meanwhile, silver May futures contracts have been volatile, but firmly above the Rs 1 lakh/kg mark. The same opened higher today at Rs 1,00,791/kg, gaining of Rs 726 or 0.73%.