RIL Results On Saturday Will Be A Surprise: Vishwas Agarwal

The BSE SensexBombay Stock Exchange was in a pessimistic mode today and finished the day with a nearly 100 points deficit.

Remarking on the weak spot in the market technical analyst Vishwas Agarwal believed that the weakness was mainly because of factors upsetting the international markets, which were also down today.

He added that a few spheres that had caught rather a sharp increase in the past few days including cement and banking were calming down slightly. Simultaneously some increase is envisioned in fence sitters like ITC, Reliance Capital and Infosys.

SAIL Q1 Net Up by 10%

Steel AuthoritySteel Authority of India Ltd of India Ltd (SAIL) has declared the result

Blue Star Warms Up On Brilliant Quarterly Performance

Blue StarBlue Star increased 5.59% to Rs 266.50 in afternoon trades after its net profit zoomed 205.7

ITC Leads Gainers In 'A' Group On BSE

India’s biggest ITC Ltd.cigarette maker, ITC zoomed 8.93% to Rs 165.85 and topped gainers in ‘A’ group shares on the Bombay Stock Exchange (BSE). It gained on speculation that a noteworthy enhancement in cigarette sales may improve the company’s income this year. ITC will declare Q1 June 2007 results on 27 July 2007. The other performers of the day include Mastek, Pidilite Industries, Thermax, Housing Development and Infrastructure.

Market Trend Is Cheerful And Constructive - Brokers Prospect

B Sahu, Khandwala Securities said that today market being knocking down by 96 points was estimable for the market as alteration is long overdue. Overall money flow in the market is fine, FIIs are pouring in money in the markets since last few trading sessions.

According to him, this is the moment for re-balancing and reshuffling the range. He commends investors to gather stocks of companies that are expected to nurture in coming future.

“It is moment to select your sector and stock,” said Mr. Sahu.

He also added that overall market trend is cheerful and optimistic. Tomorrow (July 26) is a decisive day for market because of F&O expiry. So, investors should watch out for global cues for Thursday`s trading session.

Oracle To Build R&D System For Innovation

OracleNew Delhi: Enterprise software company Oracle said it will make a research and development (R&D) system for its 19 centers across Asia Pacific and Japan to manufacture, check and showcase technological innovations.

The novel single system will connect 19 development and solution centres that include six Oracle Asia R&D Centres (OARDC) in India, Japan, Korea, Singapore and two in China in addition to 13 solution centres in the Asia-Pacific region.

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News in Focus

Devyani International Share Price Target at Rs 160: Motilal Oswal Financial Services

Motilal Oswal Financial Services has reiterated a Buy rating on Devyani International, holding its target price at Rs 160, implying 35% upside from the current market price of Rs 118.

Eicher Motors Share Price Target at Rs 9,500: ICICI Securities

ICICI Securities has upgraded Eicher Motors to Buy from Hold, raising its target price to Rs 9,500 from Rs 7,400, implying 22% upside from the current market price of Rs 7,779.

Where Is the iPhone Cheapest in the World? The Global Price Rankings Revealed

The scale of the iPhone's reach is difficult to overstate. Apple now has more than 2.5 billion active devices in use worldwide, with well over 1.5 billion of those being iPhones specifically.

Hyundai Motor India Share Price Target at Rs 2,450: ICICI Securities

ICICI Securities has maintained a Buy rating on Hyundai Motor India, trimming its target price slightly to Rs 2,450 from Rs 2,475, still implying 21% upside from the current market price of Rs 2,01

Swiggy Share Price Target at Rs 520: ICICI Securities Remains Bullish on Food Delivery Major

ICICI Securities has reiterated a Buy rating on Swiggy, maintaining a three-stage DCF-based target price of Rs 520, implying 81% upside from the current market price of Rs 287.

Noida, Gurugram offer High Returns to Real Estate Investors; Bengaluru, Hyderabad Generate Strong Rental Yields: ANAROCK Group Report

India’s residential real estate market has undergone a structural shift, delivering a rare combination of strong capital appreciation and rising rental yields across major cities between 2019 and Q