Target Financial News

Engineers India (EIL) as its 'high conviction idea' on the back of a healthy order book, strong revenue visibility, and robust financials. The brokerage has a ‘buy’ call on the stock with a target price of ₹160 for a time duration of 6 months. This implies an upside of over 26 percent from its current market price of ₹126.75 (as of October 30).

For a quick rundown of the challenges Federal Reserve policy makers will be sorting through when they meet this week, last week’s economic data fits the bill. Start with gross domestic product. The Commerce Department on Thursday reported that the economy grew at a blistering 4.9% annual rate in the third quarter, marking the fastest pace since the fourth quarter of 2021.

The disturbing fact of the past month is that Jews are under attack not only in Israel and not only by Hamas. The weeks since the barbaric Oct. 7 Hamas invasion of Israel have witnessed physical assaults on Jews the world over, including in the U.S.

Story Time with Sudha Amma, which will begin streaming on 31 October. The show will feature 52 stories penned by Murty including Grandma’s Bag of Stories, Grandparents’ Bag of Stories, and The Magic Drum and Other Favourite Stories and will be streamed on Murty Media’s YouTube channel. The series will be launched in six languages – Hindi, English, Marathi, Kannada, Tamil, and Telugu, with each episode 11-minute long.

Journalists confirmed that 31 journalists have been killed in the Israel-Hamas war since October 7, The Times of Israel reported. These 31 journalists included 26 Palestinian, 4 Israeli and 1 Lebanese journalist. Moreover, eight journalists were reported injured, whereas, nine were reported missing or detained, reported The Times of Israel.

Apple warning them of «state-sponsored attackers trying to remotely compromise» their iPhones and posted the purported screenshots on their X handles. Trinamool Congress MP Mahua Moitra, Shiv Sena (UBT)'s Priyanka Chaturvedi, Congress' Lok Sabha Member Shashi Tharoor and his party's media and publicity department head Pawan Khera shared the screenshots on X.

New rules that could bypass anti-development councils are likely to be considered by the NSW cabinet soon, although how they would work is unclear, according to the state’s property development lobby group.

Piramal Pharma Ltd. with a target price of Rs 115.0.

Moneycontrol IFSCA chairperson K Rajaraman, speaking to Moneycontrol during the Asia Securities Forum AGM in Mumbai, shared, "It is currently awaiting the PMO approval and could be out anytime soon. Recommendations by the working group, coordinating with the Securities and Exchange Board of India (Sebi) and the Reserve Bank of India (RBI), will also be out in 10–15 days. Then, we can make the necessary amendments to enable the procedure by the end of the year, he told Moneycontrol during the event.

Rajan Sethuraman, CEO, LatentView Analytics, says “what has aided the growth in the last quarter and even in the first quarter has been incremental work that we have won from existing stakeholders. That again, is energizing because it means that the work we are doing for our current stakeholders is important and critical, that they choose to continue that and even add to that during the current economic scenario.” In the first half of the year, we have seen a growth of around 20%. But when we started the year, you had a growth target of at least 25%. Are you expecting growth to accelerate in the second half of the year or are you expecting this kind of growth rate to continue? While we hope for a significant acceleration, at this time, the demand scenario is still a little weak. We are, however, energized by the fact that the number of open conversations and the opportunities in the pipeline is more than double of where we were at the same time last year. So there is a great deal of interest but signing new deals and getting things underway, that is still quite sluggish.

yen hovered near a two-week high on Tuesday, boosted by a report that the Bank of Japan (BOJ) could further tweak a key bond yield policy tool when it announces its monetary decision later in the day. The dollar looked set to end the month largely unchanged against a basket of currencies, having lost some steam after a roughly 2.5% gain in September. Yet, the greenback is being underpinned by risks of another rate hike from the Federal Reserve, analysts say, noting a still-resilient U.S.

Bank of Japan's policy decision when it is likely to lift its inflation forecasts and ponder tweaks to its bond yield control. The yen weakened 0.19% to 149.38 per dollar but was not far from the two-week peak of 148.81 it touched on Monday after the Nikkei newspaper reported the BOJ would consider making adjustments to its yield curve control (YCC). The BOJ sets a target of around 0% for the 10-year yield under YCC. Under criticism that its heavy defence of the cap is causing market distortions and an unwelcome yen fall, it raised its de-facto ceiling for the yield to 1.0% from 0.5% in July. On Tuesday, the 10-year JGB yield jumped 6.5 basis points to 0.955%, its highest since May.

Armenia in South Caucasus is a hidden treasure with its world class wines, pristine valleys, breathtaking views that caters to a variety of tourists and lagro products that would be savoured globally. Not many are aware that the world’s first winery existed in Armenia 6,000 years back and in present-day Armenia it has been revived leading to a craze for tastier home-grown wine even as the locally produced Brandy remains popular in the region and beyond. Over the last decade and a half almost 200 local wine brands have entered the market making a market not only locally but in Russia, Europe and the USA. India is the next preferred target for the Armenian wine industry in the backdrop of emerging strategic partnership. Leading from the front is Armas and its dynamic CEO Victoria Aslanian – vineyards, Winery, Distillery, Hotel and Tasting room. “Wine existed in Armenia since antiquity and the industry has been revived successfully.

₹1,761.86 crore, according to NSE data. DIIs bought equities ₹1,328.47 crore net, the exchange data showed.World oil prices sank Monday as traders hoped a region-wide conflict could still be avoided and Israel said its forces killed dozens of Hamas militants in clashes in Gaza.Global investors are looking forward to key reports on consumer confidence and the U.S.

Day trading guide for today: Despite mixed global market cues, Indian stock market ended higher on Monday. Extending the pull back rally for second straight session, Nifty 50 index gained 93 points and ended at 19,140 levels, BSE Sensex shot up 329 points and finished at 64,112 mark whereas Bank Nifty index surged 257 points and closed at 43,039 levels. In broad market, mid-cap index added 0.13 per cent while small-cap index finished with marginal gains.

Chief executive Tim Ford aims to turn California’s high-end Daou Vineyards that Treasury Wine Estates is buying in a $US1 billion ($1.6 billion) deal into a global brand like the Australian company’s flagship, Penfolds.

Endeavour chairman Peter Hearl has told shareholders at the hotel and liquor retailer’s annual meeting in Sydney that “there is much more to do” when it comes to lifting the company’s sagging share price.

Industry fund heavyweight AustralianSuper will reject the $18.7 billion takeover offer from Brookfield and partner EIG for Origin Energy, firming up pressure on the North American consortium to raise their bid despite no rival contender in sight.

Penfolds owner Treasury Wine Estates is buying high-end Californian wine group Daou Vineyards in a deal worth up to $US1 billion ($1.6 billion) as it steps up expansion in the United States luxury wine market.

The United Auto Workers union says it reached a tentative contract with General Motors, the last of the Detroit Three automakers to agree to a deal

Drugstore employees around the country have started calling in sick to highlight a lack of support from their employers