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India Hotel Ltd, part of the hotel & resort industry, hit a fresh record high after a breakout from a channel formation in the last week of August. Short-term traders can look to ride the momentum for an upside target of Rs 465 in the next 3-4 weeks, suggest experts. The stock has been moving in a range since June 2023 where levels around 400 acted as a stiff resistance on the upside while support was seen above 350 levels on the daily charts. It witnessed a breakout from the consolidation range on 30 August 2023 and since then the stock has been moving in an upward trajectory. The stock has been making higher highs and higher lows for the last 3 weeks. The stock also climbed above the 50-DMA on 30 August 2023 which suggests that the short-term momentum is on the upside.

Ujjivan SFB. Goldman Sachs recommends a buy rating on HDFC Bank while Citigroup maintains a sell rating on Persistent Systems and ICICI Securities initiated a coverage on Craftsman Automation with a target of Rs 5557.We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Citigroup on Persistent Systems: Sell| Target Rs 3790 The Q2 is likely to remain soft compared to expectations. Persistent has performed well recently in the last 1 month.

The chief executive of Mexican fast-food chain Guzman y Gomez, Steven Marks, says he is “not going anywhere” and will keep his grip on the ASX-hopeful as it eyes an initial public offering as soon as next year.

Day trading guide for today: Despite weak global sentiments, Dalal Street finished higher for six days in a row on Friday. NSE Nifty gained 92 points and closed at 19,819 levels, registering best week in the last two months. BSE Sensex finished 33 points higher at 66,598 mark whereas Bank Nifty index ended 278 points up at 45,156 levels.

Buy or sell stocks for today: Despite weak trend in global market, Indian indices finished higher for sixth straight session on Friday. NSE Nifty gained 92 points and closed at 19,819 levels, registering best week in the last two months.

Gold prices started the week on a firm footing on Monday, supported by a retreat in the dollar, as investors awaited U.S. inflation data due this week that would indicate the Federal Reserve's next interest rate move. FUNDAMENTALS * Spot gold was up 0.1% at $1,919.52 per ounce by 0105 GMT, but still hovered near one-week lows hit on Sept.

«With monsoon gradually improving and India hosting the G20 summit over the weekend, sentiments are buoyant and may lift the market towards its life high and 20k mark over the next few days,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal Financial Services. Here's breaking down the pre-market actions:STATE OF THE MARKETSGIFT Nifty (Earlier SGX Nifty) signals a muted startGIFT Nifty on the NSE IX traded 7.5 points, or 0.04 per cent, muted at 19,930.50, signaling that Dalal Street was headed for muted start on Monday.

Grocery delivery service Instacart is targeting a valuation between $8.6 billion and $9.3 billion in its initial public offering, the Wall Street Journal reported on Sunday. The company is expected to disclose the valuation range when it begins a marketing campaign, which could happen as soon as Monday, the report said, citing people familiar with the matter.

(Reuters) — Grocery delivery service Instacart is targeting a valuation between $8.6 billion and $9.3 billion in its initial public offering, according to a person familiar with the matter.

Fund manager Perpetual wants Origin Energy’s board and management to push suitors Brookfield and EIG Partners for a better deal than their agreed $18.7 billion price, recognising the target’s rapidly improved profitability and a growing consensus that Origin’s Eraring coal-fired power station will outlive its 2025 retirement date.

₹300 crore over 3-4 years to expand its Sri City manufacturing unit in Andhra Pradesh to achieve its exports targets, the company’s management said in a press briefing. “We have already invested ₹300 crore in our new Sri factory.

Hero Electric and Okinawa Autotech. The two were leading the market till 2021. Then there is Greaves Electric Mobility, a subsidiary of Greaves Cotton, a listed entity, and is backed by Saudi Arabian investor Abdul Latif Jameel.

greenhouse gas emissions, to meet Paris Agreement goals but doesn’t explicitly lay down as to how they would do it. One of the critical aspects of the declaration, however, is that it underlines the principles of common but differentiated responsibilities (CBDR) in mitigation efforts, and also of different national circumstances that can be useful to the countries of the Global South ahead of the UN Climate Meeting (COP28) in Dubai in November.

By Brenda Goh

Ajay Singh Chautala was unanimously re-elected as the national president of the Jannayak Janta Party — part of the ruling coalition led by the BJP in Haryana — at a party meeting here on Sunday, JJP leaders said. The JJP, which held its national and state executive meeting in Hisar, decided to hold a rally in Dadri — part of Bhiwani-Mahendragarh parliamentary constituency — on September 17. It was decided at the meeting that former deputy prime minister Devi Lal's birth anniversary will be celebrated by the party in Rajasthan's Sikar district on September 25 as 'Kisan Vijay Samman Divas' to honour farmers, soldiers, and women. Notably, the party has decided to contest the upcoming elections in Rajasthan and is looking to contest 25-30 seats there. JJP is also eyeing to contest the Bhiwani-Mahendergarh and Hisar Lok Sabha seats, though its ally, BJP, has already said it is preparing to contest all 10 Lok Sabha seats in Haryana.

Shiv Sena (UBT) chief Uddhav Thackeray on Sunday claimed a «Godhra-like» incident may take place during the «return journey» of the large number of people expected to converge at Ayodhya in Uttar Pradesh from across the nation for the inauguration of the Ram Temple.

Here is your Pro Recap of the top takeaways from Wall Street analysts for the past week: a downgrade at Block, an upgrade for Chewy, an Underperform initiation for Cloudflare and an Overweight initiation for Surf Air Mobility

Two foreign aid workers have reportedly been killed in eastern Ukraine when Russian shelling hit a van carrying a team of four working with a Ukrainian NGO

Congress leader Priyanka Gandhi Vadra flayed the BJP-led government at the Centre on Sunday, saying its policies are meant to benefit the rich and not the poor. Addressing a Congress rally at Niwai in Tonk district in poll-bound Rajasthan, Priyanka Gandhi alleged that Prime Minister Narendra Modi goes on foreign trips and strikes deals for his «industrialist friends». «Modi comes back from abroad and says our (India's) respect has gone up.

Railway Board chairperson Jaya Verma Sinha has asked all employees to work on five key priorities — safety, integrity, capacity augmentation, revenue generation, and customer amenities and experience. Calling these five priorities as "Indian Railways' Panch Pran", Sinha, in her first written communication to employees after taking charge as Chairperson and CEO of the Railway Board on September 1, said that the national transporter has a rich and enduring legacy spanning more than 150 years. «In recent years, we have embarked on a transformative journey marked by unprecedented investments in tracks, rolling stock, stations and terminals,» Sinha wrote. Noting that safety is paramount, she said, «We must recognise that every accident can be prevented, and it is incumbent upon us to ensure strict adherence to established safety protocols.

IPOs This Week: The primary market witnessed some major listings in both main board and small- and medium-sized enterprise (SME) segments last month, which kept investors engaged with subscriptions and listings. Moving on, the upcoming week sees strong market buzz for September, which is similarly packed with new listings and initial public offering (IPO) issues, that are available for subscription. ‘’There was decline in IPO activities in 2022 and expected to have a jump of 30 per cent in IPO issuance in 2023.