Target Financial News

JPMorgan Chase & Co.’s digital token, JPM Coin, currently handles $1 billion worth of daily transactions, Global Head of Payments, Takis Georgakopoulos revealed.

BJP) MP Nishikant Dubey today appeared before the Lok Sabha Ethics Committee to submit oral evidence on his allegations of «Cash for Query' against TMC MP Mahua Moitra. As he arrived at Parliament annexe for the deposition the BJP MP said that he will completely cooperate with the Committee and will be present whenever the Committee calls him for questioning. »I will give all the information that the Committee asks me to provide.

Kunal Rambhia, Fund Manager, The Streets, says one can initiate a buy on Mphasis. The stop loss being Rs 2070 and the first target can be 2140 and we will keep revising the target on the higher side. The second counter is from the defensive pack and that's Britannia. One can go long on Britannia also. The target is Rs 4,650 and the stop loss is Rs 4,450. Let us talk about the fall, there is nothing more that we can talk about the midcap, smallcap space that has seen a sharper fall. So, what is the view on the broader markets? What do they look like? And what is your presumption that is coming in for going forward as well? The Nifty is down by around 5.5% from the recent highs of around 19,850. But presently we are trading at around 18,865 and on the chart the first support which I can see is 18,925. Now, this is the futures level which I am mentioning about.

Asian Para Games, taking country's tally to 80, including 18 gold medals. India have now gone past the earlier best of 72 achieved in the 2018 edition in Indonesia. India's medal tally read 18 gold, 23 silver and 39 bonze, and the count will keep on increasing till the end of the fourth day of competitions.

Mercedes-Benz said a «brutal» electric vehicle market of heavy price cuts and supply chain issues meant it would likely hit the lower end of its 12-14% adjusted return on sales forecast for the cars division, as third-quarter earnings fell. The luxury carmaker said it remained committed to its EV targets, but could bolster earnings with better returns from its combustion engine portfolio if margins on EVs remained lower than previously assumed, its chief financial officer said on an analyst call. With some traditional players selling battery electric vehicles below the level of internal combustion engine cars despite their higher production costs, «this is a pretty brutal space,» Harald Wilhelm said. «I can hardly imagine the current status quo is fully sustainable for everybody,» he said. Discounts offered on some models in Germany in the fourth quarter did not represent an overall shift in the carmaker's pricing strategy of keeping prices high to focus on boosting margins over volume, Wilhelm said. Mercedes shares had slid more than 6% by 0733 GMT to their lowest in almost a year, and were the biggest fallers on the euro zone blue-chip index.

Wesfarmers boss Rob Scott said strong wages growth unmatched by corresponding productivity gains is one of the factors that could influence the Reserve Bank to raise interest rates before Christmas.

international markets, Ayesha! However, you must first assess your risk profile and be clear about your long-term investment goals. You will also need to decide what percentage of your portfolio you wish to commit to foreign investments. Once you are set, please keep in mind the following factors: Select the right products: Choose products that align with your investment objectives.

Stockbroker Euroz Hartleys was hoovering up shares in lithium play Azure Minerals on Thursday morning, after the company signed a binding deed with Chilean giant SQM at $3.50 a share.

Cement and asphalt group Boral, which has been pressured by some investment funds after dialling back its 2025 carbon emissions targets, averted a strike at its annual meeting on Thursday.

China has stepped up spending to replace Western-made technology with domestic alternatives as Washington tightens curbs on high-tech exports to its rival, according to government tenders, research documents and four people familiar with the matter. Reuters is reporting for the first time details of tenders from the government, military and state-linked entities, which show an acceleration in domestic substitution since last year.

Hyundai says it will set up “mobile clinics” at five U.S. locations to provide anti-theft software upgrades for vehicles now regularly targeted by thieves using a technique popularized on TikTok and other social platforms

The United Auto Workers union says it has reached a tentative contract agreement with Ford that could be a breakthrough to end the nearly 6-week-old strikes against Detroit automakers

The World Bank has approved a $1 billion loan for South Africa to help it address an energy crisis that has peaked this year with the country’s worst electricity blackouts

Major corporations in water-guzzling industries such as apparel, food and beverage, and tech want to be better stewards of the freshwater resources they use

Stellantis says it plans to invest about 1.5 billion euros, or about $1.6 billion, in Leapmotor, a Chinese electric vehicle manufacturer

Tech Mahindra shares plunged nearly 4% on Thursday to hit the day's low of Rs 1,098.15 on the NSE after a clutch of brokerages retained their adverse ratings on the stock and slashed their targets following the September quarter earnings posted by the company on Wednesday. Among foreign brokerages, Jefferies maintained an underperform view. In the domestic pack, Kotak Institutional Equities and Nuvama recommended a reduce stance on the counter while Motilal Oswal suggested a Neutral call.

yellow metal prices, MCX gold and silver futures traded with strength. MCX December gold futures were trading at Rs 60,977 per 10 gram, up by Rs 151, or 0.25%. They are at five month high levels.

Chalet Hotels with a target price of Rs 650. The current market price of Chalet Hotels Ltd.

Mahindra Logistics Ltd. with a target price of Rs 390.

Jubilant FoodWorks share price today: Jubilant FoodWorks share price fell over 5 per cent on Thursday, October 26, a day after the company reported its September quarter earnings. Jubilant FoodWorks share price opened at ₹511 against the previous close of ₹528.40 and soon fell over 5 per cent to the level of ₹499.55. The stock traded 5.07 per cent lower at ₹501.60 on the BSE around 9:30 am.

Axis Bank share price traded over a percent higher on Thursday after the bank reported strong earnings with surprise on the margin front for the quarter ended September 2023. Axis Bank shares gained as much as 1.42% to ₹969.00 apiece on the BSE. Private lender Axis Bank reported a net profit of ₹5,863 crore in Q2FY24, registering a 10% YoY growth, while net interest income (NII) rose 18.9% to ₹12,314.56 crore.