Target Financial News
04.03 / 13:27
04.03 / 12:41
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Second BJP candidates likely by this week, says BS Yediyurappa
195 candidates who will be contesting the upcoming Lok Sabha elections 2024. The first list featured Prime Minister Narendra Modi, 34 Union ministers including Amit Shah, Rajnath Singh and Smriti Irani. The first list had names of candidates from 16 states and two Union Territories.
04.03 / 12:27
markets
Target
Apple
Enterprise
NVIDIA
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Why Goldman says this big tech rally is different
The S&P 500’s advance to a record high — fueled by a small group of supercharged technology stocks — doesn’t resemble past bubbles, according to strategists at Goldman Sachs Group Inc.
04.03 / 11:55
Target
Racing
Election
President
War
2020
Courts
Courts Pummeled Trump. That Made Some Republicans Love Him More.
GOLDSBORO, N.C.—Donald Trump has been impeached, indicted and ordered to pay hundreds of millions of dollars in penalties for committing fraud and defamation. For many Republican voters in this Raleigh exurb, that doesn’t disqualify him from returning to the White House. Instead, it makes them more likely to back Trump in this week’s Super Tuesday primary because they view the GOP presidential front-runner as unfairly targeted by his political enemies.
04.03 / 11:25
markets
Target
FIVE
BofA lifts S&P 500's year-end target to 5,400
Bank of America’s equity strategists hiked their year-end price target for the S&P 500 to 5,400 from 5,000, implying a 5% potential upside from the current levels.
04.03 / 10:13
Target
Manufacturing
Strategy
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Interviews
A look at what PM Narendra Modi is planning to do in his potential third term, as per his adviser
Narendra Modi’s government has pledged to boost manufacturing in India as it seeks a third term in power, potentially increasing the country’s control on supply chains and creating jobs, a government adviser said. Modi’s government would target the export-oriented sectors that face high import duties which hurt their competitiveness, Arvind Virmani, a member of the government’s policy making agency Niti Aayog, said in an interview on Friday. A Modi administration would also focus on lowering trade barriers and improving output-linked incentive plans, he said, adding that the finance ministry is identifying sectors where duties can be reduced.
04.03 / 10:13
markets
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Digital
wellness
Trade
Schools
rights
Aditya Arora on where money can be made in pharma space
Aditya Arora, Adlytick, says: “I would like to maintain a cautious view on the market because it is not a broad-based rally. It is a narrow rally and stock and a specific rally. Smallcaps are correcting and on the other hand, safe havens like gold and bullion are doing well and pharma is also doing well. I think money is to be made on the long side on the pharma space and on the short side on high beta counters.”
04.03 / 09:47
markets
Target
WhatsApp
reports
Signature Global expected to reach Rs 10,000 crore pre-sale in 2024-25
Signature Global is expected to reach Rs 10,000 crore pre-sale in 2024-25, as it has planned three launches spread across 8-10 million sq ft. The company has already exceeded the guidance of Rs 4,500 crore this financial year as it generated Rs 3600 crore from its latest premium housing residential development project on Dwarka Expressway. “We had reported Rs 3,124 crore pre-sale in the quarter ending December 2023. With this sale, we are confident of reaching Rs 7,000 crore in FY 23-24 and then expecting 25-30% jump in FY 24-25, taking the number to Rs 9500-10,000 crore,” said Pradeep Kumar Aggarwal, chairman and wholetime director of the company.
04.03 / 09:17
markets
Target
FIVE
Extreme
security
wellness
Gulf Oil Lubricants share price jumps 7% after ICICI Securities initiates coverage with a 'Buy' call; sees 25% upside
₹1,076.90 apiece on the BSE. ICICI Securities has a target of ₹1,250 per share for Gulf Oil Lubricants India, implying an upside of 25% from Saturday’s closing price.
04.03 / 09:17
COST
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Election
Trade
country
NTPC share price rises 4%, scales 52-week highs: Should you Buy, Sell or Hold?
NTPC Limited share price gained more than 4% on Monday to hit record highs of ₹358.30 on the NSE, during intraday trades. Notably NTPC stock was the largest gainer among Nifty-50 stocks. As the power demand in the country remains strong and is lifting prospects of power producers like NTPC, the news flow around further capacity expansions remains strong, improving earnings prospects for NTPC and also investor confidence.
04.03 / 09:17
UPS
Target
Manufacturing
Sustainability
reports
International
JSL’s Hisar plant to be hub for green hydrogen production
NEW DELHI : Jindal Stainless Ltd is set to upgrade its facilities in Hisar, Haryana as a green hub for manufacturing in a couple of years, in preparation for the new European carbon tax that starts in 2026, said managing director Abhyuday Jindal. The company on Monday inaugurated India’s first green hydrogen stainless steel plant in partnership with Hygenco India Pvt. Ltd at Hisar.
04.03 / 09:17
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Updates
MOIL shares spike 13% as company achieves best-ever February production
MOIL, the country's largest manganese ore producer, rose by 13% to reach ₹313.40 apiece in today's early trade following the company's February production update. In a filing on Saturday, the company announced that it achieved the best-ever February production of 1.51 lakh tonnes of manganese (Mn) ore, marking an increase of 15% year-on-year. Notably, the cumulative production from April to February 2024 stood at 15.84 lakh tonnes, reflecting 37% year-on-year growth and surpassing any previous fiscal year's production record since the company's inception.
04.03 / 08:20
COST
Target
Booking
security
Sustainability
recommendations
Elara Securities sets record target prices on multibagger PSU stocks PFC and RECL; here's why
Also Read: 11 power stocks including Adani Green Energy, NHPC gained between 20% and 110% in 3 months; check full list Going forward, the sharp bull run in PFC and RECL is likely to continue as per the projections made by domestic brokerage firm Elara Securities. The brokerage has identified the following four key growth levers for power financiers: 1] Renewed interest in thermal capacity addition following the Government of India's announcement regarding the addition of 80 GW and the emphasis on grid stability.
04.03 / 06:55
UPS
Target
Mobile
economy
Sustainability
pandemic
The Fed’s Latest Problem: A Strong Economy
The economy is looking up, and that’s a challenge for the Federal Reserve. The pandemic shock prompted excessive monetary and fiscal responses, generating inflation. The Fed responded with aggressive rate hikes that reduced inflation within reach of its 2% longer-run target.
04.03 / 06:55
UPS
Target
Booking
wellness
performer
reports
Godrej Properties vs DLF: Which realty stock should you pick for long term?
Godrej Properties (GPL) and DLF, which realty stock has better long-term investment opportunities. Both DLF and Godrej Properties have outperformed the benchmark this year so far. While DLF has risen almost 29 percent in 2024 YTD, GPL has advanced 24 percent in this period.
04.03 / 06:55
markets
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band
performer
hospital
recommendations
Stocks to buy: Narayana Hrudayalaya, Zen Technologies, among top fundamental stock picks by HDFC Securities
BSE Sensex hit an all-time high of 73,994.7 on March 2, while the NSE Nifty 50 scaled its record high of 22,440.90 today. The Nifty Midcap 100 index gained 0.2%, while the Nifty Smallcap 100 was down over half a percent. The gains in equity markets came on the back of a strong rally in US and Asian markets along with better-than-expected Q3FY24 GDP data which came at 8.4% YoY.
04.03 / 06:35
UPS
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Pool
wellness
Trade
recommendations
Steel stocks crack over 3% after CLSA downgrades of Tata Steel and JSW Steel
CLSA downgraded certain stocks with stretched valuations and weaker industry spreads compared to their nemesis. The Hong Kong-based brokerage downgraded JSW Steel and Tata Steel while reiterating its underperform rating for Jindal Steel & Power. JSW Steel shares fell 3% to the day's low of Rs 818.50 on the NSE in the early trade. CLSA has downgraded the stock to 'Sell' from an earlier 'Underperform' rating while slashing its target price to Rs 730 from Rs 810. Today's correction comes on the back of a three-day rally. At 10:05 am, more than 14.27 lakh shares changed hands on the NSE with the total traded value at Rs 117.66 crore.
04.03 / 05:43
markets
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Action
trends
Experts
band
recommendations
Stocks to buy: HUL, Kotak Mahindra Bank, Tata Steel among 10 stocks that can jump 5-23% in the next 3-4 weeks
RECommend buying technically and fundamentally sound stocks at the current juncture. Based on the recommendations of several experts, below are 10 stocks that one can consider buying for the next three to four weeks. Take a look: (Exciting news! Mint is now on WhatsApp Channels. Subscribe today and stay updated with the latest financial insights! Click here!) On the weekly chart, Tata Steel has breached the multi-year resistance around ₹150 level, suggesting a continuation of the medium-term uptrend.
04.03 / 05:43
markets
COST
Target
wellness
pandemic
Why paints companies are applying new coats of growth
₹10,000 crore and, by its estimates, add about 40% to industry capacity. Even as stocks of major paint companies took a hit in recent days, their long-term trajectory explains this beeline to get into the business. Since March 2015, an index of paint stocks has delivered a compounded annual return of 16%, against 11% delivered by the Sensex.
04.03 / 04:03
markets
Provident
Target
economy
Sustainability
wellness
track
Powell to lean hawkish during Senate testimony this week- ANZ
Investing.com-- Federal Reserve Chair Jerome Powell is likely to reiterate his hawkish stance on interest rates and inflation when testifying before Congress this week, analysts at ANZ Group said in a note on Monday.
04.03 / 03:27
markets
UPS
Target
economy
BURST
Universities
What to watch for as China's major political meeting of the year gets underway
One burning issue dominates as the 2024 session of China’s legislature gets underway this week: the economy
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