Garda Chief Strikes At Watchdog Criticism

Garda Commissioner Noel ConroyThe Garda dismissed scalding criticism over its supposed inability to apologize for misconduct. Garda Commissioner Noel Conroy asserted the force have said sorry on several occasions when it had made mistakes.

An official watchdog assemble to probe public grievances against the gardai said there was an institutional culture of indifference to misconduct.

Sonia May Rearrange Congress Shortly

Congress President Sonia GandhiNew Delhi: A governmental restructure in the Con

Forex Reserves Surge By $3.307 Billion

ForexOn the back of jump in foreign currency and assets collections, Forex reserves soared up by USD 3.307 billion to USD 225.35 billion as on July 27.

According to RBI’s weekly statistical supplement, foreign currency and assets got to USD 218.096 billion on the back of USD 3.306 billion. In the same period, reserve position in IMF dropped by USD 10 million to USD 455 million.

Bank Credit Jump 23.7% As On Jul. 20

As on Jul. 20, 2007, the credit paid out by listed commercial banks developed 23.7% (Rs 3,663.49 billion) on a year-on-year basis that is beneath the increase of aggregate deposits of 24.4%.

USA To Improve Nation’s Deficient Bridges

After shock of bridge’s inexplicable fall at evening rush hour into the country’s largest river, bridge experts offer reassurance – The same federally assigned inspections that show one-quarter of U.S. bridges to be “structurally deficient” or “functionally obsolete,” they are in very little danger of collapsing.

This is what the same experts would have said about the Interstate 35W Bridge in Minneapolis before it collapsed down Wednesday.

Market Opens Strongly, Maintains Momentum

The 30-share index having maintained its impulse in the former session as it carries on to trade in the constructive terrain. Select stocks from cement, pharma, banking, auto and telecom led the advancements.

The BSE Sensex is trading strong at 15,193.66, up 207.96 points. NSE Nifty is ruling at 4,423.70, up 67.35 points (11.15 a.m).

Technical Analyst, Vishwas Agarwal suggested that the support of 4,286 for the NSE and 14,668 for the BSE are key levels to watch.

He also added that if the stock market falls below these levels, then we can think that a top has been formed for the next six months and the market will trade between 3,900 to 4,600.

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News in Focus

Karnataka Bank Share Price Could Reach Rs 364: Anand Rathi Research

Anand Rathi Share and Stock Brokers has maintained a Buy rating on Karnataka Bank with a 12-month target price of Rs 364, implying roughly 25% upside from the current share price of Rs 291.

Mahindra Lifespace Developers Share Price Target at Rs 450: ICICI Securities

ICICI Securities has retained a Buy rating on Mahindra Lifespace Developers, keeping its 12-month target price unchanged at Rs 450, implying 19% upside from the current market price of Rs 377.

Social Venture Capitalist Reviews: A Broker with Honest Trading Conditions

Social Venture Capitalist is a regulated UK-based broker that provides traders with access to diverse financial markets (Forex, stocks, cryptocurrencies, and commodities) through its proprietary so

Motilal Oswal Financial Services Share Price Target at Rs 1,024: ICICI Securities

ICICI Securities has maintained a Buy rating on Motilal Oswal Financial Services, raising its target price to Rs 1,024 from Rs 975, implying 20% upside from the current market price of Rs 855.

Waaree Energies Share Price Could Reach Rs 3,333: Anand Rathi Stock Research

Anand Rathi has maintained a Buy rating on Waaree Energies, though it trimmed the target price to Rs 3,333, implying roughly 27% upside from the current market price of Rs 2,624.

Bajaj Housing Finance Share Price Target at Rs 107: Deven Choksey Research

Deven Choksey Research has maintained a Buy rating on Bajaj Housing Finance, setting a target price of Rs 107, implying 23% upside from the current market price of Rs 87.