Target Financial News
21.04 / 06:18
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Anand Rathi recommends this small-cap stock to buy, sees 26% upside potential
₹495. The current market price of Pricol Ltd is ₹425.25. "We anticipate significant benefits for the company stemming from the robust demand across various segments of the automotive industry, including 2-wheelers, commercial vehicles, tractors, and off-road vehicles.
21.04 / 06:14
21.04 / 04:10
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JSW Energy arm bags 700 MW solar project from NTPC
JSW Energy on Saturday said that its arm JSW Neo Energy has received a letter of award from NTPC for setting up a 700 MW solar project. With the latest project win, JSW Energy's total locked-in generation capacity has increased to 13.3 GW of which 3.1 GW is solar power, a BSE filing said. According to the filing, JSW Neo Energy Limited, a wholly owned subsidiary, has received Letter of Award for setting up a 700 MW ISTS connected Solar Power Project from NTPC Limited. The company's current installed generation capacity is 7.2 GW and expects to have 9.8 GW of installed capacity by CY24.
21.04 / 04:07
21.04 / 01:39
Provident
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Ball
Dreams
track
rights
DC vs SRH 2024: Jake Fraser-McGurk slams third fastest 50 in IPL history, breaks Travis Head's record in same match
DC vs SRH 2024: Chasing a massive target of 267 runs at the pitch of Arun Jaitley Stadium, New Delhi, the Delhi Capitals began their innings in Sunrisers Hyderabad style as opener Prithvi Shaw and batter Jake Fraser-McGurk displayed some fireworks to make the game more exciting. Young Jake Fraser-McGurk broke his Australia senior Travis Head's record in the same match as the DC batter slammed his half-century in just 15 balls, making it the third fastest in the history of IPL and fastest for IPL 2024.
20.04 / 21:44
Target
Waters
Mobile
track
country
reports
Chinese military drone spotted flying close to the Philippines ahead of BrahMos delivery from India
WZ-7 Soaring Dragon drone of the Chinese People's Liberation Army was spotted flying in close proximity to the Philippines, ahead of preparations by the Southeast Asian country to receive the delivery of Indian BrahMos supersonic cruise missiles, The Eurasian Times reported. According to the report, the distinctive joined-wing shape of the WZ-7 drone caught the attention of Raffy Tima, a correspondent for Philippine news organisation GMA News, as it traversed the skies over the West Philippine Sea, an area within the South China Sea to the northwest of the Philippines. The timing of this sighting is significant amid escalating tensions between China and the Philippines over territorial disputes, notably the Second Thomas Shoal and Scarborough Shoal, in the South China Sea, the report noted. The acquisition of the BrahMos missiles from India is perceived as a strategic move by the Philippines to enhance its defensive capabilities to counter China's assertiveness in the region.
20.04 / 21:24
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Buy or sell: Sumeet Bagadia recommends three stocks to buy on Monday — April 22
Buy or sell stocks: Following weak global market sentiments on rising fears of the Iran-Israel war, the Indian stock market snapped its four-week winning streak. The Nifty 50 index ended 1.65 percent lower in the week gone by at the 22,147 mark, the BSE Sensex logged a weekly loss of 1.56 percent and finished at 73,088 level while the Bank Nifty index lost 2.65 percent last week and closed at 47,574 mark. In the broad market, the small-cap index finished 1.73 percent lower last week whereas the mid-cap index corrected over 3 percent in the truncated week.
20.04 / 16:10
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Videos
Amid flurry of deep fake videos by top bosses of NSE and BSE, how can investors stay cautious and safe
A few days after National Stock Exchange’s managing director (MD) and CEO Ashishkumar Chauhan’s deep fake video wherein he is seen recommending stock went viral, BSE’s MD and CEO Sundararaman Ramamurthy’s video is also doing rounds on the social media.
20.04 / 16:04
markets
COST
Provident
Target
cover
reports
Canada's banks face crackdown on overdraft fees with proposed cap of $10
A proposal included in Canada’s federal budget this week promises to rein in the fees banks charge customers for overdrawing their accounts — a move that would provide relief for low-income clients while hurting lenders’ revenue, though perhaps not significantly.
20.04 / 14:37
Target
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Arvind Kejriwal being pushed towards 'slow death' by denying insulin, doctor's consultations: AAP
Arvind Kejriwal is being pushed towards a «slow death» inside Tihar jail by denying him insulin and consultations with his doctor. Kejriwal, who has Type-2 diabetes, has been asking for insulin and a video conferencing with his family doctor but his requests are being denied by the jail administration, party spokesperson Saurabh Bharadwaj said in a press conference. «I want to say with full responsibility that a conspiracy is underway for the slow death of Kejriwal,» Bharadwaj claimed citing blood sugar readings of the Chief Minister in jail. He also slammed the Tihar administration, BJP, Centre and Delhi LG for allegedly denying insulin to Kejriwal and said the Delhi Chief Minister had been suffering from diabetes for the last 20-22 years.
20.04 / 14:34
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Nirmal Bang initiates coverage on 2 housing finance stocks with upside potential of up to 30%
housing finance companies, domestic brokerage firm Nirmal Bang has initiated coverage on Home First Finance Company (HFFC) and Aavas Financiers. HFFC gets a ‘buy’ recommendation with a target price of Rs 1,150 while Aavas has a ‘buy’ recommendation with a target price of Rs 1,775.
20.04 / 13:06
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Use stock market volatility as buying opportunity: Rajesh Palviya
If you get any kind of volatility, it should be used as a buying opportunity in the market as the broader market is holding the ground on the bullish front and we believe that this momentum can continue further in the coming months also, says Rajesh Palviya of Axis Securities. We saw a smart recovery on Friday and if you talk about levels, whenever there was a FIIs long and short ratio in a ratio of 32 to 68 band and generally 68% band, the short side is also considered as a big support and hence a short covering rally was on the cards and which we saw also. But then, what is it? Is it just a technical bounce? Are we out of the woods or weak hands have already come out because of the pre-election rally? How should we approach the markets right now?
20.04 / 13:06
COST
UPS
Target
Fighting
War
reports
The growing role of fighting robots on the ground in Ukraine
the fighting. Both sides pummel the enemy with cheap kamikaze models and use long-range craft to strike targets far from the front lines. In the Black Sea Ukrainian naval drones have helped to inflict serious damage on Russia’s fleet.
20.04 / 02:09
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wellness
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Headlines
When food inflation became main course on MPC menu
Concerns that volatile food prices could hurt the battle against inflation dominated the latest meeting of the central bank's rate-setting committee, minutes released on Friday showed, compelling the panel to hold the policy rate. While headline inflation measured by the consumer price index (CPI) cooled a bit from 5.1% in January to 5.09% in February, food inflation rose from 7.58% in January to 7.76%. Food inflation rose primarily driven by vegetables, eggs, meat and fish, the Reserve Bank of India’s (RBI) monetary policy committee (MPC) said.
19.04 / 22:48
Target
MET
Strategy
Election
Bill
Finish line in sight for Railways’ electrification post election
₹8,070 crore for electrification, with nearly half now expected to be spent in FY25, the person quoted above said. Query sent to the ministry of railways remained unanswered till press time. This electrification push is part of Indian Railways' strategy to reduce its annual fuel bill of over ₹15,000 crore.
19.04 / 12:02
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band
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prevention
India’s forex reserves down $5.4 bn to come off all time record high
forex reserves contracted by $5.4 billion to $643.16 billion as of April 12, latest data published by the Reserve Bank of India showed on Friday.
19.04 / 09:19
Waves
Target
Manufacturing
country
Department
Iran targeted with sanctions, export controls after attack on Israel
The U.S. has hit Iran with a new wave of sanctions and export controls in response to the country’s recent air attack on Israel, a move aimed at grounding Iran’s drone program and pinching its national revenue. The U.S.
19.04 / 08:53
UPS
Target
Opinion
Research
information
reports
Motilal stock surges 5% on announcement to consider bonus share proposal
Motilal Oswal surged 5% to day’s high at Rs 2,185 on Friday after it announced a proposal to consider allotment of bonus shares to its shareholders in an intimation filing to the exchanges. The stock broker informed the exchanges that the meeting of the board of directors will be held on Friday, April 26, 2024, wherein the company will approve the audited financial results (Standalone & Consolidated) for the quarter ended March 2024 along with a consideration to present a proposal for declaration on bonus shares to the shareholders.
19.04 / 08:53
markets
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FIVE
Action
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BDL
recommendations
ICICIDirect is positive on Reliance and Bharat Dynamics. Dharmesh Shah explains why
Dharmesh Shah, Head-Technical, ICICI Direct, says “Reliance is a pure proxy play on oil and gas and telecom. We believe this stock, after witnessing a sharp move from Rs 2,800 to Rs 3,000, has been consolidating in a strong bull candle for a long time. Once things get settled in the market, we should see a primary uptrend for Reliance, where Reliance can be considered for a target of around Rs 3,050, keeping a stop loss of Rs 2,790. Bharat Dynamics has been consolidating for the last five weeks. We remain positive on Reliance and BDL in the near term.” How did the setup look? Did it look like there was a breakdown in the first place or were you already getting a sense that today's dip will be bought? What are you recommending your clients today after looking at the price action that has happened in the first half of the session today? Dharmesh Shah: In the morning, it was a very panic-type situation. The Singapore Nifty opened a gap down of about 300-400 points. Historically, when such events come, once the anxiety settles, the market generally has a tendency to move up. We believe once this anxiety gets over, maybe in a week, things should get settled and 21,700, 21,600, like in last month's low should hold.
19.04 / 08:39
UPS
Target
security
President
War
country
Can Europe defend itself without America?
Alexei Navalny, Russia’s foremost opposition leader, in a Siberian gulag on February 16th. The next day Ukraine’s army withdrew from the town of Avdiivka, handing Mr Putin his first military victory in almost a year. America’s Congress, meanwhile, showed no sign of passing a bill to dispense more military aid to Ukraine, which is starved of ammunition and therefore likely to suffer more setbacks on the battlefield.
19.04 / 08:21
Citi
Target
security
Death
Inside
shock
Schools
Staff and shoppers return to 'somber' Sydney shopping mall 6 days after mass stabbings
Shoppers and workers have returned to a “really quiet” Sydney mall, where six days earlier an assailant stabbed six people to death in an attack that police believe targeted women
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