Market Opens Above 15,600 Mark, Gains Further Strength

Today, the 30-share BSE Sensex opened its eyes at 15,625.63. In early trades, it was trading on a sturdy note supported by strong buying interest in index heavyweights. It also touched a record high of 15,683.03. Stocks from telecom, IT, banking, cement and auto led the advancements.

According to Rahul Agarwal, Vice President, institutional sales, LKP Shares said that 15,500 was a target level. As market covered this level, it is most likely headed in the direction of 16,000 level.

Strong Q1 Figures Take Finolex Cables To New Highs

Finolex CablesFinolex Cables arose 0.66% to Rs 99.50 on recording 41% growth in net earnings in

I’ll Take Two Small Suitcases With Me, Says Abdul Kalam

President A P J Abdul KalamNew Delhi: On Thursday, President A P J Abdul Kalam said, “I will go with two

P-Sec Recommends Buy for Ashok Leyland

P-Sec is bullishAshok Leyland on Ashok Leyland and maintained buy rating on stock.

PTC Achieves a Record High with Fund Recommendation

Today, PTC IndiaPTC India zoomed 10.23% to Rs 98.60, expanding its surge over the past few days.

Good Numbers for Q1 increase operator activity in L&T

Larsen & ToubroLarsen & Toubro ascended 2.81% to Rs 2,395 in afternoon trading after announcing a 139.83% increase in net earnings in Q1 June 2007 quarter. It announced the quarterly results during market hours today, 19 July 2007.

During the day, the scrip touched an intraday high of Rs 2,420 and an intraday low of Rs 2,350. On 13 July 2007, the stock has had its 52-week high of Rs 2,450 and a 52-week low of Rs 978 on 24 July 2006.

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News in Focus

Coforge Limited Share Price Target at Rs 1,980: ICICI Securities

ICICI Securities has reaffirmed its BUY recommendation on Coforge Ltd while revising the target price to Rs 1,980, citing the company’s transformative acquisition of Encora as a decisive strategic

SBI Cards & Payment Share Price Target at Rs 950: Geojit Research

Geojit Investments has upgraded SBI Cards & Payment Services Ltd to an ACCUMULATE rating with a revised target price of Rs 950, reflecting improving profitability metrics and stabilising asset

Coforge Limited Share Price Target at Rs 2,500: Motilal Oswal Research

Motilal Oswal Financial Services has issued a BUY recommendation for Coforge Limited, spotlighting its transformative acquisition of Encora, a US-based AI-led engineering powerhouse.

Arvind SmartSpaces Share Price Target at Rs 840: Axis Securities

Axis Securities has issued a BUY recommendation on Arvind SmartSpaces Limited, setting a target price of Rs 740 amid robust profit trajectories and strategic pivots in India's red-hot real estate s

UPL Limited Share Price Target at Rs 879: Geojit Investments

Geojit Investments has reiterated an ACCUMULATE rating on UPL Ltd with a revised target price of Rs 879, reflecting renewed confidence in the company’s earnings recovery and operational turnaround.

Ambuja Cements Share Price Target at Rs 630: Axis Securities

Axis Securities has reiterated a BUY recommendation on Ambuja Cements Ltd with a revised target price of Rs 630, citing transformational consolidation moves and a clear path to scale-led efficiency