Target Financial News
01.01 / 15:12
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Paula Abdul sues 'American Idol' producer Nigel Lythgoe for sexual assault and harassment
Paula Abdul, renowned Grammy-winning entertainer and former judge on hit television shows like “American Idol” and “So You Think You Can Dance,” has taken legal action against Nigel Lythgoe, the executive producer of these popular programs. Allegations of sexual assault, harassment, gender violence, and negligence form the basis of a lawsuit filed recently in Los Angeles County Superior Court, as reported by CNN. The lawsuit, made public on Saturday, delineates two distinct incidents involving Abdul, occurring in the early 2000s and in 2015, respectively. The complaint details the events, where Abdul accuses Lythgoe of forceful physical advances.
01.01 / 14:53
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economy
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electronic
Assam CM says Tata Electronics to hire 1K Science graduates for semicon plant; state targets 10 lakh cr GDP by 2026
Himanta Biswa Sarma said that Tata group company Tata Electronics, will recruit 1000 science graduates for its semiconductor facility in Narasapur near Bengaluru, adding that by 2026 Assam’s GDP will be 10 lakh crore. Asserting that 2024 will be a year of industrial investment in Assam, Sarma while talking to media persons on Monday said, “Tata Electronics will recruit 1000 science graduates for its semiconductor facility in Karnataka.” Tata Electronics Pvt. Limited is in the process of setting up a plant involving a financial outlay of Rs. 40 thousand crores for assembling and packaging of semiconductors at Jagiroad in Assam. He said that in 2023-24 Assam’s GSDP had touched 5.65 lakh crore.
01.01 / 13:30
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Gangster Goldy Brar, linked to singer Sidhu Moose Wala's murder, declared terrorist under UAPA
Goldy Brar, presently residing in Brampton, Canada is associated with Babbar Khalsa International…And whereas, Babbar Khalsa International is listed as a terrorist organization," Praveen Vashista, Additional Secretary, Union Ministry of Home Affairs (MHA), Additional Secretary, said in the gazetted notification. “Goldy backed by a cross-border agency was involved in multiple killings and professes radical ideology, figured in making threatening calls to pro-nationalist leaders, demanding ransom, and posting the claims of killings on different social media platforms.
01.01 / 13:28
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reports
Khalistani leader Pannun threatens to 'target BSE, NSE', says dump Indian stock before March 12: Report
BSE from March 12 is aimed at destroying" India’s economic system, Pannun was quoted by News 18 as saying. According to the report, Pannun, a designated ‘terrorist’ in India, called for dumping Indian stock and purchasing American stock before March 12. "He also identified banks and corporates that trade internationally among the targets, the report added.
01.01 / 13:24
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Nomura increases price target of Fortis Healthcare, stock rallies 6%
₹388 to ₹475 per share by Japanese broking firm Nomura. As of 10:55 am, the stock was trading at ₹443.95 apiece on the NSE, reflecting a 5.90% increase. Also read: GST collection in December rises 10% YoY to ₹1.65 lakh crore Nomura expressed confidence in the company's potential for margin expansion, citing various levers in place.
01.01 / 10:53
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Profitmart sees 30% upside in Share India Securities shares in 18 months. Should you buy?
Stock to buy today: Share India Securities shares have been in a bull trend since March 2023. After bottoming out at around ₹1,015 apiece in mid of March 2023, Share India Securities share price came out of the base building mode and it has been climbing to new life-time highs on a regular basis.
01.01 / 09:23
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US Navy engages and sinks Houthi boats in Red Sea clash following attack on Maersk ship – Top developments
The US Navy headquarters reported sinking three small boats affiliated with Houthi militants in the Red Sea, according to military officials. This occurred as a response after a US warship answered a distress call from a merchant vessel in the region. The incident involved a Maersk container ship being targeted by Houthi forces at approximately 6.30 am local time, facing an attack from four small Houthi boats. Reuters quoted accounts by American, Maersk, and Houthi officials stating that US helicopters repelled an attack by Iran-backed Houthi militants on a Maersk container vessel, sinking three boats and killing 10 militants.
01.01 / 08:51
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Book some profit in GAIL, Bhel; a buy on Granules India: Aditya Arora
Aditya Arora, Adlytick, says “the outperformance in the PSU counter may continue, but it has been a little overstretched. So, probably there could be a sentiment spillover in January but post that, there could be profit booking in all the PSE counters. So, mean reversion trade could be a good trade in the selective PSE basket, somewhere valuations are pretty stretched. I am not very bullish on this space.” My first question today would not be on the index, but on a stock that has gained nearly 30% in two trading sessions, Vodafone-Idea. Any kind of technical trigger that you are seeing on this counter? Aditya Arora: So, before talking about Vodafone-Idea, I would like to give a disclaimer that we had recommended a buy call on Vodafone on Friday itself in derivatives, which shot up 100%. Coming back to the question, I think the stock is in bull's control. They are strongly controlling and dominating the trend. There is a long way to go on the upside. This could be start of an uptrend which could take the stock upwards towards Rs 20-22 levels in long term and stop loss for the same should be maintained at Rs 14 but the outlook for the stock looks very strong whether you look at the news front, fundamental front or technical front or derivative front, stock looks very fantastic and very bullish.
01.01 / 07:40
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ISRO's first solar mission Aditya-L1 to reach its destination on January 6: Chairman Somanath
Aditya-L1, which was launched on September 2, is poised for its final maneuver and is set to reach its designated L1 point on January 6, according to ISRO Chairman S Somanath. The spacecraft has successfully completed four earth-bound maneuvers and a Trans-Lagrangean Point 1 Insertion (TL1I) maneuver during its journey.
01.01 / 07:38
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SOLIDARITY
NOT
"Not seeking wider conflict in Middle East": White House after US sinks Houthi ships in Red Sea
US helicopters sank three Houthi boats in the Red Sea, the White House issued a statement saying that it is not seeking a 'wider conflict' in the Middle East, CNN reported. Notably, the US helicopters sinking the Houthi boats and killing its crew, marked the first instance when the US killed members of the Iranian-backed rebel group which has been targeting commercial and merchant vessels in the Red Sea since tensions broke out. The US has avoided directly striking the group inside Yemen as it seeks to avoid escalating the crisis further. But a National Security Council spokesman said on Sunday that the US would continue acting in 'self-defense'. «We don't seek a conflict wider in the region and we're not looking for a conflict with the Houthis.
01.01 / 07:27
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Stocks to buy this week: Wipro, Eicher Motors, IPCA Labs among 9 technical picks; do you own any?
Markets brace for January storm as retail, institutions face off in derivatives (Exciting news! Mint is now on WhatsApp Channels. Subscribe today and stay updated with the latest financial insights! Click here!) Wipro has made a solid base near ₹400–420 levels. The time retracement is 0.886 approximately, along with a price retracement of 0.618 approximately on the monthly timeframe.
01.01 / 07:26
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Why Anil Ambani-backed Reliance Power share price is skyrocketing — explained
Stock market today: Anil Ambani-backed Reliance Power shares have been in uptrend after ushering in current financial year 2023-24. Reliance Power shares bottomed out at ₹9.15 apiece levels at the end of March 2023. Since then it has been moving upside continuously.
01.01 / 07:23
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Govt plans renewable-energy projects in closed coal mines
₹30,000 crore, of which around ₹24,000 crore will be invested by Coal India," said a person familiar with the developments. The remaining capex is expected to come from the private sector. Environmental sustainability will be a key theme of the government's ‘Vision 2047’, said another person familiar with the developments.
01.01 / 05:50
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Dalmia Bharat share price rises over 3% in a weak market; Motilal Oswal sees a 23% upside
Dalmia Bharat share price rose over 3 per cent in an otherwise weak market on Monday, January 1. Dalmia Bharat share price opened at ₹2,280.05 against the previous close of ₹2,274.30 and rose 3.4 per cent to the level of ₹2,352.35. On the other hand, equity benchmark Sensex declined over 200 per cent in morning trade.
01.01 / 05:43
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FIVE
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‘Yet another successful mission...’: 5 things ISRO chief S Somnath said about XPoSat launch
ISRO XPoSat launch LIVE 1. As reported by ANI, S Somnath said, “So 1, January 2024, yet another successful mission of PSLV has been accomplished." He further informed that Aditya-L1 is going to reach Lagrange Point on January 6 at 4 pm. 2.
01.01 / 05:41
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Inside
China’s Xi Is Resurrecting Mao’s ‘Continuous Revolution’ With a Twist
Chinese rulers have long used campaigns against corruption to sideline rivals and consolidate power. Xi Jinping is increasingly tying his authority to a new variation: a purge that never ends. With echoes of Mao Zedong’s “continuous revolution," Xi has sent fear rippling through the ranks of the Communist Party for more than a decade with the largest campaign against corruption in modern Chinese history.
01.01 / 05:38
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Emami share price rallies over 4% to hit a 52-week high; Emkay Global sees 10% more upside on attractive valuations
BSE, extending the stellar rally seen over the past one week. Emami shares jumped as much as 4.34% to a fresh high of ₹588.65 apiece on the BSE. In the past one week, Emami shares have risen 16%, which is largely a factor of attractive valuations, analysts said.
01.01 / 05:03
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Yes Bank shares cheer New Year after receipt of ₹150 crore from NPA portfolio sale. Experts see more upside
Stock market today: Yes Bank shares witnessed buying interest in early morning deals on first trade session of the new year 2024. In morning deals, Yes Bank share price opened upside and went on to touch intraday high of ₹22.10 apiece levels on NSE, which is just 4 per cent away from 52-week high of ₹23.05 per share.
01.01 / 04:21
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FIVE
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Day trading guide for stock market today: Six stocks to buy or sell on Monday — 1st January
Day trading guide for today: Key benchmark indices of the Indian stock market gave up its five days winning streak and ended the last trade session of 2023 on a flattish note amid profit booking in select heavyweights. Nifty 50 index remained in negative territory throughout the session and closed with minor loss of 22 points at 21,731 levels. BSE Sensex finished 0.23 per cent lowe at 72,240 levels whereas Nifty Bank index lost 0.45 per cent and ended at 48,292 levels.
01.01 / 03:10
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Buy or sell: Vaishali Parekh recommends three stocks to buy today — 1st January
Buy or sell stocks for today: After showing a sustainable upside move in the last five sessions, Indian stock market gave up its winning streak and ended lower on last trade session of 2023. Nifty 50 index remained in negative territory throughout the session and closed with minor loss of 22 points at 21,731 levels.
01.01 / 03:06
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shootings
Maersk suspends ships' passage via Red Sea strait for 48 hours
India monitoring Red Sea developments; got info on US-led naval task force It appeared to be undamaged in that attack and "was able to continue its transit north", said Maersk, one of the world's largest shipping companies. Why the Houthi attacks in the Red Sea are worrisome It was then attacked by four ships operated by Yemen's Iran-backed Huthi rebels, which "engaged fire in an expected attempt to board the vessel", the Danish shipping company said.
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