Target Financial News
17.07 / 11:03
UPS
Target
Remark
NIFTY
Here's why Hindalco and ICICI Bank seem attractive short-term bets
Nifty index's break above the consolidation range of 19,300-19,500 suggests increasing optimism in the market. The resistance at 19,500, which was heavily built by Call writers, has been surpassed on a closing basis. This breakthrough is expected to lead to a significant rally as the Call writers unwind their positions.
17.07 / 10:57
17.07 / 10:57
Waves
Target
Ripple
XRP
SEC
Platform
Action
Is It Too Late to Buy XRP? XRP Price Nearly Doubles in 7 Days and Launchpad XYZ Just Raised $1.1 Million – What Does it Do?
After years of hard-fought legal struggle against the Securities and Exchange Commission (SEC), Ripple emerged victorious on July 13, following District Judge Torres' ruling that XRP token sales were not investment contracts (securities).
17.07 / 10:43
Provident
Target
Digital
Maxim
Strategy
Align
Parke
Top 6 Most Popular SEO Companies In India
best SEO company in India, known for its innovative and data-driven SEO solutions. With a team of skilled professionals and cutting-edge technologies, ThatWare helps businesses across various industries achieve higher search engine rankings, increased organic traffic, and improved online visibility.
17.07 / 10:31
17.07 / 10:31
Target
Digital
Aware
Manufacturing
Apple
Apple's India business could be worth $40 billion over the next 10 years - Morgan Stanley
Morgan Stanley analysts hiked the price target on Apple (NASDAQ:AAPL) stock by $30 to $220 per share as they believe India can become an emerging growth driver for the Cupertino-based titan.
17.07 / 09:41
Blockchain
Target
Digital
Ripple
XRP
SEC
CEO
Ripple CEO Foresees Prolonged SEC Appeal Process Following Favorable XRP Ruling
Ripple CEO Brad Garlinghouse recently shared his perspective on the ongoing legal battle with the U.S. Securities and Exchange Commission (SEC), predicting a drawn-out appeal process. His insights were shared during a discussion with Bloomberg on July 15, 2023.
17.07 / 09:23
Target
Reuters
Platform
Action
data privacy
Meta fined by Norway regulator Datatilsynet over data privacy breaches
Meta Platforms will be fined one million crowns ($100,000) per day over privacy breaches unless it takes remedial action, Norway's data protection authority said on Monday, in a move that could have wider European implications. Regulator Datatilsynet said it would charge the fine every day from August 4 until November 3 unless Meta takes action. It said Meta cannot harvest user data in Norway, such as users' physical locations, and use it to target advertising at them, called behavioural advertising, a business model common to Big Tech.
17.07 / 09:23
Provident
Target
FIVE
Progressive
Waters
Align
13.5 crore Indians moved out of multidimensional poverty in five years, says Niti Aayog report
India witnessed 13.5 crore people moving out of multidimensional poverty between 2015-16 and 2019-21 with fastest reduction in Uttar Pradesh, Bihar, Madhya Pradesh, Odisha and Rajasthan, a Niti Aayog report said on Monday. The report — 'National Multidimensional Poverty Index: A progress of Review 2023' — was released by Suman Bery, Vice-Chairman, Niti Aayog.
17.07 / 09:23
Target
Financial
Will financial business demeger bring a “Deja vu” moment for RIL shareholders?
Reliance Industries into Reliance Strategic Investments is unlikely to have a negative impact on the stock price of the conglomerate, and would rather be value accretive, according to Nuvama Institutional Equities.RIL announced the demerger of its financial services business into Reliance Strategic Investments, which will be renamed Jio Financial Services and listed on the stock exchanges. The brokerage values the demerged financial services business at Rs 1 lakh crore or Rs 168 a share, which is 5% of the some-of-the-parts valuation of RIL. Nuvama has valued treasury shares at Rs 168/share, which is 6% of the current market price of RIL, based on Friday’s closing price.
17.07 / 09:09
Target
Booking
JPMorgan
HSBC
TCS
ICBC
HDFC Bank enters $100 billion m-cap club, but fails to pip TCS as number 2 stock
Reliance Industries (RIL) and IT major Tata Consultancy Services (TCS), sitting on the third position with a market cap of ₹12.43 lakh crore. The m-cap of RIL is over ₹18.85 lakh crore, while that of TCS is around ₹12.94 lakh crore. With a market value of over $151 billion, HDFC Bank is now the world’s seventh largest lender.
17.07 / 09:09
UPS
Lowe's
Target
Booking
share price
Low
HDFC Bank share price rebounds from intraday low after Q1 results 2023. Buy or wait?
₹1,633 apiece on NSE after announcement of HDFC Bank Q1 results 2023. HDFC Bank share price today opened higher at ₹1,650 apiece levels but soon profit booking triggered and HDFC Bank share nosedived to its intraday low of ₹1,633 per share levels ahead of its Q1 results 2023. However, announcement of better than expected HDFC Bank results, buying interest triggered in HDFC Bank shares and the stock scaled to its intraday high of ₹1,675 levels, logging around 2.50 per cent rise from its Monday lows.
17.07 / 08:33
UPS
Target
Progressive
Manufacturing
Harmonic
week
Chinese yuan
Dollar stabilizes after last week's selloff; Chinese yuan hit by weak GDP
Investing.com — The U.S. dollar stabilized in early European hours Monday after suffering its worst weekly drop this year, while weak Chinese growth data pressured the yuan.
17.07 / 07:19
Citi
Target
Over 1.40 lakh kg drugs worth Rs 2,381 crore destroyed, Union Home Minister Amit Shah watches virtually
Amit Shah, officials said. Destruction of the narcotics, the bulk of it from Madhya Pradesh, were carried out in different cities as Shah watched through video conferencing from New Delhi while attending a conference on 'Drugs Smuggling and National Security'.
17.07 / 06:53
Provident
Lowe's
Target
week
Stocks to buy this week: Experts suggest these nine technical picks; do you own any?
₹30,660 crore in India inclusive of bulk deals and investment through the primary market. This reflects the increasing FPI confidence in the Indian economy and markets. Investors should remember the fact that from the short-term perspective valuations are stretched.
17.07 / 06:29
UPS
IPO
Target
FIVE
Extreme
Strategy
Delta
Should you buy Avenue Supermarts & Delta on dips? Hemang Jani answers
Independent market expert Hemang Janisays that in terms of growth outlook, one can expect about 25-27% growth in the case of Avenue Supermarts. In case of any meaningful correction of about 3% to 5%, it makes sense to add. In the case of Delta, a large part of the negativity in terms of the new GST norms is already in the price.
17.07 / 06:17
UPS
Provident
Lowe's
Target
Action
Weekly
Chart Check: Breakout from flag pattern on weekly charts makes this logistics company an attractive buy
Container Corporation of India, part of the logistics service provider industry, gave a breakout from a flag pattern on the weekly charts which suggests a continuation of the uptrend. Short-term traders can look to buy the stock now or on dips for a possible target of Rs 750-780 level in the next 2 months, suggest experts. The stock hit a 52-week high of Rs 828 on 9th November 2022 but it failed to hold on to the momentum.
17.07 / 05:47
Target
AXY
How to trade Bandhan Bank stock after Q1 results? Here's what brokerages recommend
Bandhan Bank reported weak June quarter earnings on Friday, several top brokerages have come out with their views on the stock. While Nomura, CLSA and Kotak Institutional Equities put a ‘Buy’ rating on the stock, Nuvama recommended a ‘Hold’ call on the counter. Bandhan Bank's standalone net profit fell 19% to Rs 721 crore for the first quarter ended June.
17.07 / 04:21
UPS
Target
Progressive
Manufacturing
Remark
Why is China's economy struggling?
China is likely to report rapid economic expansion for the second quarter, although underlying figures will reveal a more challenging picture. The comparison with last year, when Shanghai was enduring a Covid-related lockdown, will make Monday’s gross domestic product data look a lot better than was actually the case. GDP likely grew 7.1% for the quarter on a year-over-year basis, up from 4.5% in the previous period, according to economists surveyed by Bloomberg.
17.07 / 04:21
UPS
Target
NIFTY
SENSEX
VIX
Stocks to buy today: Infosys, ICICI Bank among top 8 trading ideas for 17 July 2023
The 30-share BSE Sensex jumped 502 points to settle at its new all-time closing high of 66,060, while the broader Nifty went up by 150 points to end at a new record peak of 19,564 on Friday. India VIX was down by 2.33% from 10.93 to 10.68 levels on Friday.
17.07 / 04:01
UPS
Provident
Target
FIVE
148 million children suffer from stunted growth & malnutrition : UN Report
Five U.N. agencies said in the 2023 State of Food Security and Nutrition report that while global hunger numbers stalled between 2021 and 2022 many places are facing deepening food crises.
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