Target Financial News

12.02 / 16:11

markets Target Reuters Corning SOLIDARITY week Oil slips after rally last week on Middle East, tight supply

markets. Brent crude futures were down 54 cents, or about 0.7%, at $81.65 a barrel, while U.S. West Texas Intermediate crude futures slipped 32 cents, also about 0.4%, to $76.52 a barrel at 1426 GMT.

12.02 / 16:11

markets UPS Target Reuters Food Cycling India bond yields fall before key inflation prints

inflation prints due this week. The benchmark 10-year yield ended at 7.0946%following its previous close of 7.1067%.

12.02 / 14:19

UPS Target Healthcare Trade stars recommendations Technical Breakout Stocks: How to trade Hero MotoCorp, JBM Auto and Star Cement on Tuesday

The S&P BSE Sensex fell more than 500 points while the Nifty50 managed to hold on to 21,600 levels.

12.02 / 13:11

Target Fighting economy War gatherings International IMF, World Bank warn Gaza war, Red Sea attacks imperil global economy

IMF and World Bank warned on Monday that the Gaza war and the related attacks on shipping though the Red Sea pose threats to the global economy. The Israel-Hamas war raging since October has already hit the Middle East and North Africa region's economy, said the International Monetary Fund's managing director Kristalina Georgieva.

12.02 / 12:29

markets Target Food Trade performer reports week Zomato share price hits 52-week high, here's what driving the rally

Zomato shares experienced a notable surge of 6 percent during morning trading on February 12, reaching a fresh 52-week pinnacle of ₹158.80 on the National Stock Exchange (NSE). This surge propelled the stock closer to its record peak of ₹169, attained on November 16, 2021. The upswing follows Zomato's impressive financial performance, with the Gurugram-based food aggregator reporting a consolidated net profit of ₹138 crore for Q3FY24, a significant turnaround from the net loss of ₹347 crore in the corresponding period of the previous fiscal year.

12.02 / 12:29

Target Man Citizens community Trade Department Smriti Irani targets Mamata Banerjee over women's complaints from restive West Bengal's Sandeshkhali

Mamata Banerjee, alleging that she is known for "genocide of Hindus" and is now allowing her party's workers to sexually attack women. "Mamata Banerjee is known for the genocide of Hindus. She will now allow her men to pick young married Hindu women to be raped in the TMC office...

12.02 / 09:47

markets UPS Target Opinion Bill Trade week inflation data Dollar steady, US inflation data tops this week's bill

LONDON (Reuters) — The dollar was steady on Monday as a holiday in most major Asian markets subdued the start of what could turn into a busy week, with all eyes on U.S. inflation data for clues on when the Federal Reserve may start to cut rates.

12.02 / 08:19

markets Target ICE Trade performer reports Profiles Hero MotoCorp share prices declines 5% : 4 reasons why Jefferies sees more than 20% upside for the stock

Hero MotoCorp share price declined more than 4% on Monday during intraday trades. Hero MotoCorp had reported its December quarter financial performance on Friday post market hours. Hero MotoCorp had seen its profit after tax (PAT) rise 51% to ₹1,073 crore.

12.02 / 07:21

markets COST Target Manufacturing Mobile reports Features Maruti Suzuki aims to debut electric air copters in 2025, eyes global market: Report

air taxis, reminiscent of ground-based rideshare services like Uber and Ola, are set to redefine urban transportation dynamics. Speaking at the Bharat Mobility Global Expo, Kento Ogura, Assistant Manager at Suzuki Motor, revealed the company's strategic plans to TOI. The debut of the SkyDrive, featuring 12 units of motors and rotors, is slated for the 2025 Osaka Expo in Japan.

12.02 / 07:21

UPS Target WhatsApp Trade performer LIC share price surges over 6%, brokerages raise target price on robust Q3 results; will the rally continue?

Life Insurance Corporation of India (LIC) share price climbed by more than 6% on Monday's session, touching an intraday high of ₹1,150 on BSE. The rise in LIC share price today was in response to brokerages upgrading the stock and raising target prices in the midst of impressive Q3 results.

12.02 / 07:21

markets Target security trends Trade Experts recommendations week Stocks to buy this week: Asian Paints, Titan, BoB, Dr Reddy's Labs among 12 technical picks; do you own any?

Hero MotoCorp and Coal India. Nifty declined 0.3 per cent in the previous week and formed a "Doji" candlestick formation on the weekly chart, indicating indecisiveness among market participants. According to Axis Securities, the chart pattern suggests that if Nifty crosses and sustains above the 22,000 level, it would witness buying, leading the index towards 22,150-22,300 levels.

12.02 / 06:21

UPS Target Food Trade performer recommendations Multibagger Zomato jumps 10% in two sessions. What is behind the uptick?

Zomato shares extended their gains to 10% in two sessions and hit a fresh 52-week high of Rs 156.70 on the NSE on Monday on the back of strong December quarter earnings that were much higher than the Street's estimates. Strong investors' interest in the multibagger stock followed in yet another session with more than 5.61 crore shares changing hands on the NSE around 10:20 am. The stock is currently trading above its 50-day and 200-day simple moving averages (SMA's) and the two-day rally has further dragged the stock into the overbought zone. Day's MFI according to Trendlyne stands around 81. Meanwhile, RSI is hovering near the 70 mark. A number above 70 is considered as overbought.

12.02 / 06:21

Target WhatsApp Trade War Yemen's Houthi rebels suspected of missile attack targeting a ship in the Bab el-Mandeb Strait

Bab el-Mandeb Strait on Monday, the latest assault believed to have been carried out by Yemen's Houthi rebels. No one was wounded in the attack and the ship was continuing on its journey, the British military's United Kingdom Trade Operations centre said in a statement. It wasn't clear how much damage was done to the ship.

12.02 / 06:21

markets Target Opinion Trade Experts show recommendations MCX shares tank over 8% on posting net loss in Q3

Net loss came at Rs 5.3 crore in the December quarter of FY24 against Rs 39 crore profit in the year-ago period. Meanwhile, on a sequential basis, net loss narrowed from Rs 19.07 crore in the preceding September 2023 quarter.

12.02 / 06:21

Target Parke Trade show reports recommendations International IRFC shares plunge over 10% after Q3 profit declines

Indian Railway Finance Corporation (IRFC) plunged over 10% to Rs 137 in Monday's trade on BSE after the firm reported a 1.7% year-on-year (YoY) decline in its net profit to Rs 1,604 crore in the December quarter of FY24. The company had reported a net profit of Rs 1,633 crore in Q3 FY23. Its revenue from operations, however, rose 8.43% to Rs 6,742 crore in Q3 FY24 as against Rs 6,218 crore in the corresponding period last fiscal.

12.02 / 04:29

Target Strategy economy pandemic band inclusion shock The strategy behind the budget is embedded in its fine details

₹17,000 crore against the budgeted ₹19,000 crore, the next year will see it further slashed to ₹12,000 crore. The big inclusion in the interim budget for 2024-25 is ₹205,250 crore for free foodgrains. The pre-poll strategy of displaying fiscal restraint while continuing with handouts was made inevitable by the repeated economic shocks to the rural economy: demonetization, the covid pandemic and an inflationary surge over the past 18 months, all of which have resulted in suppressed rural incomes and demand.

12.02 / 04:29

markets UPS Target security Research Trade Experts Day trading guide for stock market today: Eight stocks to buy or sell on Monday — 12th February

Stock market today: After witnessing a sharp sell-off on Thursday, the Indian stock market shifted into a sustainable upside bounce from the lows and closed higher on Friday. The Nifty 50 index gained 64 points and closed at the 21,782 level, the BSE Sensex went up 167 points and closed at the 71,595 mark while the Nifty Bank index shot up 622 points and finished at the 45,634 level. However, broad market indices continue to remain weak.

12.02 / 04:29

markets Target Strategy Enterprise Trade AGRO recommendations Q3 Results Today: ZEEL, HAL, GlaxoSmithKline Pharma, Honda India Power and more to post earnings on February 12

BSE Sensex surged by 167 points to reach 71,595, while the Nifty 50 climbed by 64 points to hit 21,783. This movement was accompanied by the formation of a bullish candlestick pattern with a lower shadow on the daily charts, suggesting a strong buying interest at lower levels. Additionally, the index maintained its position above the 21-day EMA (exponential moving average) at 21,670, which could act as immediate support for the index.

12.02 / 03:31

markets Target wellness band information reports Updates New Zealand central bank blames inflation for restrictive policy

By Lucy Craymer and Renju Jose

12.02 / 03:19

markets UPS Target Sustainability Experts recommendations International Buy or sell: Vaishali Parekh recommends three stocks to buy today — February 12

Buy or sell stocks for today: After witnessing a sharp sell-off on Thursday, the Indian stock market shifted into a sustainable upside bounce from the lows and closed higher on Friday. The Nifty 50 index gained 64 points and closed at the 21,782 level, the BSE Sensex went up 167 points and closed at the 71,595 mark while the Nifty Bank index shot up 622 points and finished at the 45,634 level.

12.02 / 03:19

Target Death Boxing film Features Fighter Box Office Collection Day 18: Hrithik Roshan's movie gains momentum, crosses ₹325 crore mark worldwide

₹250 crore gained momentum over the weekend. Siddharth Anand directorial and film managed to collect ₹197 crore net in India within its 18-day run in theatres, according to industry tracker Sacnilk. On Day 18, February 11, the film raked in ₹4.1 crore, as per Sacnilk estimates.

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