Target Financial News
05.07 / 03:03
Target
Reuters
Progressive
Manufacturing
CEO
Action
Micron
restrictions
China's restrictions on chip-making materials are 'just the start', warns ex-vice minister
Reuters. If restrictions targeting China's high-technology sector continue then countermeasures will escalate, Wei said. Meanwhile, according to Wall Street Journal, China set export restrictions on two minerals the US says are critical to the production of semiconductors, missile systems and solar cells, a show of force ahead of economic talks between two rivals that increasingly set trade rules to achieve technological dominance.
05.07 / 03:03
Target
Extreme
Action
NIFTY
SENSEX
index
500
Nifty predictions July 5: Will the index breach 19,500 level? Resistance for Bank Nifty seen at 45,500
Indian market is expected to open on a flat note on Wednesday following weakness in Asian peers amid mixed global cues. The trends on Gift Nifty also indicate a flat-to-positive start for Indian indices as the Nifty futures were trading 13.50 points, or 0.07%, higher at 19,507. The record-setting spree of the domestic market continued on Tuesday as the frontline indices the Sensex and the Nifty settled at their record closing highs for the fourth consecutive session on Tuesday.
05.07 / 01:55
UPS
IPO
Lowe's
Target
AGRO
2 stocks Siddhartha Khemka from FMCG sector
«So we see the demand recovery led by the rural segment, which has been a drag for the last couple of years. We expect that to improve from this year onwards. And to back it up, the company has been launching several newer products, both in the traditional as well as in the EV space, which is gathering pace for Hero Moto,» says Siddhartha Khemka, MOSL.Within the entire two-wheeler space as well as the biking space, which are the stocks that take your preference?If you look at the entire two-wheeler space, there has been a lot of momentum of late, especially some of the larger ones like Bajaj Auto, which saw significant uptick, both in terms of profitability as well as in its stock price.
05.07 / 01:39
Target
Binance
Digital
Platform
LiveCoin
Crypto Exchange
lawmakers
Crypto scams
MPs
Brazilian Lawmakers Want to Hear from Binance, Bitso & OKX as MPs Target Crypto Scams
Brazilian lawmakers have summoned the heads of major crypto exchanges to parliament, with representatives of the trading platforms Binance, Bitso, and OKX all set to attend.
05.07 / 01:29
UPS
Target
Booking
Bajaj Finance offers robust update for Q1, draws brokerage upgrades
Bajaj Finance reiterated their bullish outlook after the Pune-based non-bank lender's first-quarter business growth update took the Street by surprise, prompting brokerage houses to upgrade their recommendations and raise their respective price targets.Shares of Bajaj Finance rose as high as 8% to post their biggest single-day gain in nearly one year. The stock surged to near two-year high on Tuesday to close at ₹7,868 apiece on the NSE, up 7.3% from the previous close, extending its run of gains to six consecutive sessions.CLSA raised EPS estimates by 5-6% and upgraded the stock to buy. The global brokerage expects the stock to rise another 15% from the current levels.
05.07 / 01:29
Target
Cooper
Strategy
Xi Jinping defends BRI at SCO summit despite India's reservations
Xi Jinping pitched for his country’s Belt and Road Initiative (BRI) in his speech at the SCO Summit on Tuesday, claiming that the infrastructure project would facilitate regional cooperation and trade and investment, even as host India expressed reservations over such initiatives. Xi called for “efforts to better synergise high-quality cooperation under the BRI with various countries’ development strategies and regional cooperation initiatives”.
05.07 / 01:19
Provident
Lowe's
Target
NIFTY
Colgate
Day trading guide for today: 6 stocks to buy or sell for Wednesday — July 5
₹2,134.33 crore on Tuesday, however, DIIs selling widened to ₹785.48 crore. On the global front, stocks were steady as traders' sentiment weighed between the inflationary pressure that could arise from soaring oil prices along with hopes that central banks may not over-tighten monetary policy in a possible recession scenario.
05.07 / 01:19
Target
NIFTY
SENSEX
Buy or sell: Vaishali Parekh recommends buying in 3 stocks today — 5 July
Indian market continued on Tuesday as the frontline indices the Sensex and the Nifty settled at their record closing highs for the fourth consecutive session. The Indian market has been on an upward trajectory on robust foreign capital inflow amid the country's bright macroeconomic outlook.
05.07 / 00:45
Facebook
Target
Digital
Platform
data privacy
Facebook faces legal setback in EU court decision on data privacy and ads
Facebook has lost a legal challenge at the European Union’s top court over a groundbreaking German antitrust decision that limited the way the company uses data for advertising
05.07 / 00:45
COST
Target
MET
CEO
UK mortgage rates spike to highest level since Truss tax plan spooked markets
Homeowners and renters in the U.K. are facing further grim news as mortgage rates hit levels not seen since unfunded tax cuts announced by the government last fall spooked investors
05.07 / 00:19
UPS
Target
Platform
Racing
Premji invest leads $35 million Series B round in Giva
₹270 crore ($35 million) Series B funding round in Giva, a new-age omnichannel jewellery company. Existing investors A91 Partners and Aditya Birla PE will also participate in the round, a senior company executive said. “While ₹200 crore are coming as primary funding into the company, around ₹70 crore of secondary stake sale has also happened where some of our existing angel and early-stage investors have partly exited," said Ishendra Agarwal, founder, Giva.
04.07 / 20:47
Provident
BTC
Target
Digital
CoinMarketCap
Bitcoin
Time
Bitcoin Price Prediction as BTC Tests $31,000 Psychological Level – Is it a Good Time to Buy?
As Bitcoin's (BTC) price tests the key psychological level of $31,000, investors are closely watching to assess whether this presents a favorable opportunity to enter the market.
04.07 / 18:23
COST
Target
FIVE
Aware
Platform
Strategy
India offers unmatched scale: Nawal Saini
MUMBAI : Canada’s Brookfield Asset Management, one of the world’s largest renewable and infrastructure investors, has been investing aggressively in the Indian market, boosting its energy assets in the country fourfold to 16,000MW in just a year. In an interview, Nawal Saini, managing director of Brookfield’s Renewable Power and Transition Group, spoke about investments, opportunities in the country and the importance of India in its global expansion plans. Edited excerpts: We have been growing very consistently in the last four or five years.
04.07 / 17:47
UPS
Target
FIVE
Manufacturing
Assurant
Parke
‘Price war has already started for SUVs’
NEW DELHI : The SUV market in India, particularly in the popular mid-SUV category, is experiencing a surge in competitive intensity, triggering a price war, Kia India chief executive and managing director Tae Jin Park said on the sidelines of the launch of the new, mid-life facelift of its best-selling SUV Seltos. Kia is investing heavily to expand its capacity, sales network, as well as product development, in India, and is ready to take a hit on profitability to grow its market share to counter a series of launches of aggressively-priced vehicles by Japanese and Indian automakers. Kia is betting on doubling its market share from 5% to 10% within five years, and launch hybrid products in the next two years.
04.07 / 17:47
UPS
Target
Platform
Racing
Premji invest ₹270 crore in Giva
₹270 crore ($35 million) Series B funding round in Giva, a new-age omnichannel jewellery company. Existing investors A91 Partners and Aditya Birla PE will also participate in the round, a senior company executive said. “While ₹200 crore are coming as primary funding into the company, around ₹70 crore of secondary stake sale has also happened where some of our existing angel and early-stage investors have partly exited," said Ishendra Agarwal, founder, Giva.
04.07 / 17:47
UPS
Provident
Target
Manufacturing
Strategy
Mobile
Alstom India set to onboard 700 engineers under its flagship YEG Program
New Delhi: Alstom on Tuesday launched its flagship Young Engineering Graduate Program (YEGP) 2023 with a target to onboard 700 young graduate engineers in India over the next two months. This is the highest-ever intake under this initiative in the country.
04.07 / 16:05
COST
Target
Digital
Booking
Mobile
Drag
Bajaj Fin Q1 loan growth is solid but cost of funds may be a drag
₹7,920 apiece on the National Stock Exchange. This excitement comes on the back of the company’s June quarter (Q1FY24) provisional data which was robust on key parameters. The company reported solid assets under management (AUM) growth of 32% year-on-year (y-o-y) to ₹2.7 trillion—a multi-quarter high.
04.07 / 16:01
UPS
Citi
Target
Discover
Simulation
Even health AI can be risky but innovation must win
One of my favourite podcasts is ‘Radiolab’, a show that, by its own description, asks deep questions and uses investigative journalism to get answers. In an episode last year, it told the story of an artificial intelligence tool called MegaSyn that, though it had been developed to find a cure for disease, ended up being used in far more sinister ways. Drug discovery has always been a tedious and time-consuming affair.
04.07 / 16:01
Target
Airlines
European shares steady, interest rate uncertainty remains
By Amruta Khandekar and Shreyashi Sanyal
04.07 / 15:23
04.07 / 15:19
COST
UPS
Target
Fighting
Strategy
Earnings should rise for durably dearer shares
₹1.1 trillion so far in 2023-24. In just over three months, that is. At this pace, foreign buying could easily top the ₹2.7 trillion plus recorded in 2020-21, which was the last time their flows into our equities were positive (and also the highest in decades).
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