Indian Rupee Inches Up Chasing Strong Asian Stocks

Indian CurrencyMumbai: The rupee inched up today as profits in Asian stocks aroused expectations of abroad investment flows into local equities, though dealers stayed conservative regarding the fallout from U.S. credit market instability.

At 9:40 a.m, the partly convertible rupee stood at 41.07/08 per dollar, beefing up from yesterday’s 41.08/09.

Japanese PM Arrives In India, N-Cooperation, Defense On Schedule

Japanese Prime Minister Shinzo AbeNew Delhi: With a multi-pronged two-si

All Indian ADRs showing signs of Weakness

The US indices ended the day on a mixed note on Tuesday (August 21), with the Dow Jones closing in the negative and Nasdaq ending in the positive.

The Nasdaq ascended on Tuesday as news that the Federal Reserve might bring down its benchmark interest rate shortly, allayed unrelenting worries regarding the credit markets.

The Dow Jones closed down 30.49 points, or 0.23%, at 13,090.86, whereas the Nasdaq Composite closed up 12.71 points, or 0.51%, at 2521.30.

Direct Tax Proceeds Up 44% Till Mid-August

New Delhi: A cheerful securities market, combined with an economy rising at 9 per cent, has resulted in the government accumulating 44.39 per cent extra direct tax receipts till August 15 in the cu

ICICI Prudential AMC Ties Up With United Bank Of India

JSW Steel Acquires Three Jindal Saw US Cos For $900 Million

JSW Steel LtdMumbai: In yet another mega acquirement in the steel segment, JSW Steel has adopted three steel companies in Texas, U.S for $900 million to get a foothold in the North American market.

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News in Focus

Tata Motors Passenger Vehicles (TMPV) Share Price Target at Rs 341: Geojit Investments

Tata Motors Passenger Vehicles Ltd (TMPV), backed by a BUY recommendation from Geojit Investments Limited, presents a compelling yet nuanced investment narrative.

InterGlobe Aviation (INDIGO) Share Price Target at Rs 5,500: Emkay Research

Emkay Research has issued a BUY recommendation on InterGlobe Aviation (IndiGo), setting a revised target price of Rs5,500, implying a potential upside of approximately 31.5% from the current market

CCL Products (India) Share Price Target at Rs 1,350: Geojit Financial Services

Geojit Financial Services has issued a ‘BUY’ recommendation on CCL Products (India) Ltd., highlighting strong earnings momentum, improving balance sheet strength, and a technically bullish setup.

Emami Shares Price Dips to Yearly Lows; Emami Acquires 100% Stake in Axiom Ayurveda

Emami share price touched 52-week lows during Thursday's trading session but the stock recovered by the end of the day. Emami touched Rs 385.5 but ended the day 1.3 percent higher at Rs 398.5.

Premier Energies, Waaree Energies, ONGC, Oil India Shares Could See Slight Upside: Yes Securities

Premier Energies, Waaree Energies, ONGC, Oil India shares could see higher levels in upcoming sessions as markets can recover after US President Donald Trump's announcement of withdrawing from Iran

Swiggy Share Price Target at Rs 460: HDFC Securities

HDFC Securities has reiterated a BUY call on Swiggy, underscoring a compelling valuation opportunity after a sharp ~37% correction over the past six months.