Target Financial News

01.11 / 07:31
Target WhatsApp Experts show stars reports recommendations Jhunjhunwala stock from insurance space falls over 5% post Q2 results
Star Health and Allied Insurance Company fell over 5% to Rs 550 in Wednesday's trade on BSE after the firm reported lower-than-estimated earnings for the September quarter. The company reported a 34% increase in net profit to Rs 125 crore in Q2 FY24. Its total income in the second quarter of the ongoing fiscal rose to Rs 3,357 crore against Rs 2,918 crore in the year-ago period.
01.11 / 07:09
Target Apple WhatsApp Banner Actor information reports Apple's Alert System: How it detects state-sponsored threats on smartphones
iMessages are sent to the user's Apple ID-associated address and phone number. Additionally, upon signing into applied.apple.com, the company presents a red "Threat Notification" banner at the top of the page. This banner includes the date of the notification sent via email and iMessage, serving as a means to verify the authenticity of the received message for the user.
01.11 / 06:06
Target Action Mobile Apple cover innovations reports Nokia Nokia sues Amazon and HP over video streaming tech; Here's all you need to know
Nokia's Chief Licensing Officer Arvin Patel said the lawsuits were filed in the United States, Germany, India, the UK, and the European Unified Patent Court. Patel added that the legal action targets Amazon's alleged use of Nokia's technologies in streaming services and devices. Additionally, a separate lawsuit was filed against HP Inc.
01.11 / 06:06
Target WhatsApp Experts recommendations Rupee falls 2 paise to 83.27 against US dollar in early trade
rupee settled at 83.25 against the American currency. Persistent foreign fund outflows also weighed on the local unit, forex traders said. “In October, the USD/INR pair exhibited an unusual trend, with the lowest monthly intraday trading range observed recently.
01.11 / 06:06
Target Progressive Manufacturing WhatsApp performer reports Sun Pharma Q2 Results Preview: revenues to be supported by the healthy US and domestic sales
Sun Pharmaceutical Industries is expected to report a strong rise in sales for the quarter ending September helped by healthy contributions from the US as well as the domestic formulations markets. Analysts at PhillipCapital India Research expect Sun Pharma to report 10% sales (revenue) growth on account of continued contributions from multiple myeloma treatment drug Revlimid generics in the US, sustained growth in the US specialty business as well as growth in the domestic formulations business. This is despite muted performance by Taro (Sun Pharma’s US Subsidiary) and impact of import alerts, said analysts at Phillip Capital.
01.11 / 06:06
Target economy WhatsApp President reports M&M auto sales in October up 32% to 80,679 units; tractor sales drop 3% YoY
Mahindra & Mahindra Ltd (M&M), the automobile major, on Wednesday reported total auto sales for the month of October 2023 at 80,679 vehicles, a growth of 32% from 61,114 units in the same month last year. M&M’s domestic passenger vehicle (PV) sales in October 2023 rose 35% to 43,708 units from 32,298 units in October 2022.
01.11 / 06:06
Target FIVE Waters Highways President reports Maratha reservation: Protests over quota intensify; CM calls all-party meet; internet suspended and more. 10 Points
Maratha quota agitation which took a violent turn in some parts of the state. Since the last few days, incidents of violence were witnessed in many parts of the state. The State-run bus services have been completely suspended in five Marathwada districts while curfew and Internet shut-down have been imposed in parts of Beed where the houses of political leaders were targeted by protesters.
01.11 / 06:06
Target Strategy WhatsApp Experts recommendations Gold price today: Rates decline ahead of US Fed policy outcome; what should be your strategy for bullion today?
Gold demand 8% ahead of 5-year average in July-Sept, falls short of year-ago mark on high prices The US Fed meeting outcome is the key event which can affect gold prices. If the Fed signals it does not want to raise rates from here, gold prices can see fresh interest. Gold prices react to interest rates in a complex way.
01.11 / 05:13
Citi Target Mobile Enterprise Experts performer reports fall Bharti Airtel shares in focus after reporting 37% fall in Q2 profit. Should you buy or sell?
Bharti Airtel reported healthy subscriber additions and a 1.5% quarter-on-quarter rise in ARPU, brokerages maintained a buy rating on the stock saying that moderating capex will support deleveraging of $7 billion over FY25-26 which should add to stock returns. «Bharti's encouraging performance continued in 2Q with higher postpaid/4G subscriber additions, higher margin in India, higher growth in Africa and strong FCF generation being the key highlights. We maintain our rev/Ebitda estimates and expect Bharti to deliver 16/17% India revenue/EBITDA CAGR over FY24-26,» Jefferies said. The stock was trading 0.5% down on BSE on Wednesday at Rs 910 after the company reported a 37% year-on-year fall in its net profit to Rs 1,341 crore.
01.11 / 05:13
Target Experts reports Buy Mahindra Lifespace Developers, target price Rs 622: HDFC Securities
Mahindra Lifespace Developers with a target price of Rs 622. The current market price of Mahindra Lifespace Developers Ltd.
01.11 / 05:05
Target WhatsApp Experts performer reports recommendations share price GAIL share price climbs almost 2%; should you buy the stock after Q2 results?
BSE on Wednesday (November 1), a day after the company reported its Q2FY24 earnings. GAIL share price opened at ₹120.65 against the previous close of ₹119.55 and rose about 1.6 per cent to the level of ₹121.50. The stock, however, cooled off quickly and traded 0.71 per cent higher at ₹120.40 around 9:20 am in a weak market.
01.11 / 05:05
Target Booking economy Metro WhatsApp performer reports share price L&T share price rises after strong Q2 results; brokerages raise target price on stock
Larsen & Toubro (L&T) share price gained over a percent on Wednesday after the company reported healthy financial performance for the quarter ended September 2023. L&T shares rose as much as 1.85% to ₹2,983.05 apiece on the BSE.
01.11 / 04:09
Target WhatsApp Experts recommendations Stocks to buy or sell today: LIC Housing, CDSL among top 5 trading ideas for 1 November
India VIX was up by 2.92% from 11.49 to 11.82 levels on Tuesday. Volatility has been on the rise from the last two sessions which has made the upside capped for the indices. On the weekly options front, the maximum Call OI is placed at 19200 and then towards 19500 strikes while the maximum Put OI is placed at 19000 and then towards 19100 strikes. Call writing is seen at 19200 and then towards 19250 strikes while Put writing is seen at 19100 and then towards 19050 strikes. “Options data suggests a broader trading range in between 18500 to 19600 zones while an immediate trading range in between 18850 to 19400 zones,” Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited, said. “Nifty has formed a Bearish candle on the daily frame on Tuesday but has been forming higher highs — higher lows from the last three sessions,” he said. “Now the Nifty index has held above 19050 zones, for an up move towards 19250 then 19350 zones whereas supports are placed at 19000 then 18888 zones,” recommended Taparia. We have collated a list of stocks from various experts for traders who have a short-term trading horizon: Expert: Nagaraj Shetti, Technical Research Analyst, HDFC Securities Ltd told ETBureau Mangalam Cement: Buy| Target Rs 425| Stop Loss Rs 380 Tube Investments of India: Buy| Target Rs 3300| Stop Loss Rs 3050 Expert: Nooresh Merani, an independent technical analyst told ETNow LIC Housing: Buy| Target Rs 490| Stop Loss Rs 450 CDSL: Buy| Target Rs 1700| Stop Loss Rs 1390 Satin Creditcare: Buy| Target Rs 270| Stop Loss Rs 230 (You can now subscribe to our ETMarkets WhatsApp channel) (Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not
01.11 / 03:53
Target economy WhatsApp President country reports Joe Biden, Xi Jinping to hold constructive meeting in San Francisco this month, confirms White House
Modi has also been invited for the APEC Leadership summit by President Biden. India is most likely to be represented by a Cabinet-level minister. Coming back to the Pierre's statement on Biden's meeting with Xi, she told reporters, “We've been talking about it.
01.11 / 03:53
Provident Target Allianz show performer track consequences index NFO Alert: Bajaj Allianz Life Insurance launches Bajaj Allianz Life Mid Cap Index Fund; all you need to know
insurance industry, has unveiled its latest offering, the Bajaj Allianz Life Mid Cap Index Fund NFO. This fund is specifically crafted to harness the potential for growth within mid-cap equities, with a primary goal of delivering capital appreciation to investors. Its core mission is to achieve returns by strategically investing in the assets that comprise the Nifty Midcap 150 Index.
01.11 / 03:53
Citi Provident Target FIVE WhatsApp country LPG price increase: Govt hikes commercial cylinder rates. Details here
LPG cylinders by ₹100 in various locations throughout the country. It is to be noted that this marks the second price hike for commercial LPG cylinders in the past two months. The hike will come into effect from November 1.
01.11 / 03:29
Target President social 2020 prevention Trump's adult sons, codefendants in fraud trial, set to testify
financial fraud that threatens to deal a heavy blow to his business empire. If all goes according to the court schedule, Trump's eldest son, Donald Trump Jr, 45, will take the stand on Wednesday, followed on Thursday his younger brother Eric Trump, 39. Both are executive vice presidents of the Trump Organization, a sprawling network of companies managing residential and office skyscrapers, luxury hotels and golf courses around the world. New York state attorney general Letitia James accuses the brothers — and their father — of fraudulently inflating the value of the group's assets by billions of dollars to obtain more favorable bank loans and insurance deals. If the trial advances on schedule, 77-year-old Donald Trump Sr will be questioned next Monday, a day shy of one year before the November 5, 2024 presidential election that he hopes will sweep him back into the White House. Ivanka Trump, who left the Trump Organization in 2017 to join the White House as an advisor to her father, will follow two days later.
01.11 / 02:25
Provident Target President social travelers Department recommendations Returns Biden criticizes advisors who prioritize their pay over clients’ returns
President Biden warned financial advisors Tuesday not to recommend high-fee investment products that line their own pockets rather than help their clients build a nest egg, as he promoted a proposal to raise advice standards for retirement accounts.
01.11 / 02:23
Target Digital Strategy social Melbourne Cup field try fashion retailer Vine Apparel on for size
Deal makers rifling through the racks of Australia’s fashion industry have found their next target. Street Talk understands 16 parties are trying on affordable fashion retailer Vine Apparel for size, put up for sale by FTI Consulting in August.
01.11 / 02:03
Target Manufacturing Tesla band country reports Department Tesla effect: Lower EV import duties soon?
NEW DELHI : Foreign electric vehicle (EV) makers such as Tesla Inc. seeking an Indian foothold may have relief at hand, with the government considering lower import duties for EVs up to a certain price level, two people familiar with the discussions said. All completely built-up (CBUs) vehicles priced below $40,000 now face an import duty of 70%, and a new national EV policy may slash it to 15-30% for EVs priced up to $25,000-35,000, the people said on the condition of anonymity.
01.11 / 02:03
Target Matthews Bill President country reports Department Time Updates Israel-Gaza War Day 26: US sends additional troops to Middle East, Blinken to visit Israel second time | Top 10 updates
war-torn Israel on Friday. The United States and other countries are looking at "a variety of possible permutations" for the future of the Gaza Strip if Hamas militants are removed from control. 1) Secretary of State Antony Blinken will head back to Israel on Friday.

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