Target Financial News

Is the bond bear market finally over? That is the question everyone is asking now that bond prices rallied sharply following the November FOMC policy meeting. As noted earlier:

Capterra survey, Indian businesses have reported a sharp rise in the frequency of software upgrades and modifications in 2023. Over three-quarters (76%) of the respondents stated that they have had to replace, modify, or right-size software more frequently since the beginning of 2023.

Chicago Federal Reserve President Austan Goolsbee said Tuesday a soft landing is still on the table as the central bank seeks to combat inflation without hurting the economy significantly.

«Nifty remained volatile within a narrow range as traders remained uncertain ahead of the Fed Chair's scheduled speech tomorrow (Wednesday). On the daily chart, Nifty encountered resistance at the 21EMA and closed just below it.

childhood trauma, like abuse or neglect, were more likely to be hospitalised or die from COVID-19 in adulthood, a new study has found. Analysing data of more than 1,51,200 (1.5 lakhs) adults of middle age or older in the UK, researchers at the University of Pittsburgh, US, found that higher self-reported childhood adversity was linked to 12-25 per cent higher odds of COVID-19 hospitalisation and mortality. The study is published in the Journal of Epidemiology and Community Health.

Voltas Home Appliance Business’ which appeared on Bloomberg, which was also picked up by few other publications/channels, without ascertaining the facts from the Company’s officials before publishing the same. 'In this connection, we wish to categorically state that the aforesaid news is totally incorrect and blatantly false, with no factual basis whatsoever. The Management therefore denies any such development," the company said in a regulatory filing.

ICC World Cup 2023 as an underdog, is on the cusp of entering the tournament's semifinals. The Hashmatullah Shahidi-led team has pushed Australia to the backfoot in the ongoing match in Mumbai. At the time of writing this report, Australia were at 52/4 at the end of first powerplay (10 overs), chasing a significantly big target of 292.

Investing.com — Here is your Pro Recap of the biggest analyst picks you may have missed since yesterday: Outperform initiations at Nike and Lululemon Athletica, and upgrades at HP, monday.com, Hess, and DigitalOcean.

Amit Shah on Tuesday said law and order, electricity in villages and welfare schemes started by the previous government «vanished» after Ashok Gehlot came to power in Rajasthan and added «only a magician can do this», alluding to the chief minister's past. Addressing a campaign rally in Rajasthan's Kuchaman ahead of the November 25 assembly polls, the senior BJP leader said the Congress government in the state is the «most corrupt» and has crossed «all limits of appeasement», and appealed to people to uproot it.

By Bianca Flowers and Alessandro Parodi

Telegram’s integrated crypto wallet bot, Wallet, has opted for custody over self-custody to facilitate a smoother onboarding process for new crypto users, according to Wallet chief operating officer Halil Mirakhmed.

O'Leary Ventures Chairman Kevin O'Leary discusses inflation as the president touts Bidenomics, the 'downsizing' of America and division on college campuses. 

Mars had the conditions to support microbial life. The car-sized rover has been gradually ascending the base of 5-kilometre-tall Mount Sharp, whose layers formed in different periods of Martian history and offer a record of how the planet's climate changed over time. It recently drilled its 39th sample and dropped the pulverised rock into its belly for detailed analysis. The sample was collected from a target nicknamed «Sequoia». Scientists hope the sample will reveal more about how the climate and habitability of Mars evolved as this region became enriched in sulphates — minerals that likely formed in salty water that was evaporating as Mars first began drying up billions of years ago. Eventually, Mars's liquid water disappeared for good. «The types of sulphate and carbonate minerals that Curiosity's instruments have identified in the last year help us understand what Mars was like so long ago.

nagriks (citizens) very very seriously, and more so about our children and women who are targeted by such content," he added. The statement comes a day after actress Rashmika Mandanna expressed concern over a deepfake video of her that went viral over the last weekend.

I want to save money for my niece and nephew for their marriage. I don’t want to overburden myself so plan to keep a small amount safely for them. I have two nephews and two nieces, one nephew is in college while the other is in 12th. One niece is in her second year of college while the other is in class 5. Could you suggest some SIP specifically for marriage purposes? Should I start SIP for all individually or one would do depending on the age gap? I belong to a middle-class family.

By Vaibhav Agrawal

By Gergely Szakacs

RR Kabel hit their record high in intra-day deals on Tuesday after the company's net profit more than doubled in the September quarter of FY24 (Q2FY24). The stock rallied as much as 10.4 percent to its all-time high of ₹1,550.00 in intra-day deals on Tuesday. The RR Kabel stock was listed on the exchanges on September 20 at ₹1,180, a 14 percent premium over the issue price of ₹1,035.

Lok Sabha elections are going to be the most important event for the next 12 months. PL believes the return of a strong majority government can re-rate the markets meaningfully from current levels.

Investing.com — The U.S. dollar rose in early European trade Tuesday, rebounding from recent lows, while the Australian dollar slumped after the RBA hinted at the end of its cycle of rate hikes.. 

Emami’s share price climbed 5% to Rs 545.25; however, it retreated 0.73% to Rs 515 a day after the company posted consolidated net profit for the second quarter of FY24 at Rs 178.50 crore, down 3.1% as compared to Rs 184.18 crore during the same period last year. It posted revenue from operations at Rs 864.87 crore, up 6.3% compared to Rs 813.75 crore during the second quarter of FY23. “The company demonstrated remarkable resilience in the second quarter and half-year ending on September 30th 2023, overcoming challenges such as poor monsoons, food inflation, and subdued demand in rural markets,” Emami said.