If you’re just starting out in forex, the odds are stacked—not because the market is out to get you, but because many new traders walk in with the wrong mindset.
News in Focus


BOB Capital Markets has upgraded Kalyan Jewellers to BUY from HOLD with a target price of Rs 786, implying about 18% upside from Rs 664.

ICICI Securities has retained its BUY call on Tata Steel with a revised sum-of-the-parts target of Rs 230, implying 24% upside from Rs 185 over 12 months.

Axis Securities has kept its BUY call on Pricol Ltd with an unchanged target price of Rs 935, about 28% above the Nov. 5 closing price of Rs 728.

BOB Capital Markets has retained its BUY rating on Mahindra & Mahindra but trimmed its target price to Rs 4,387 from Rs 4,530, still implying about 40% upside from the Rs 3,128 market price.

ICICI Securities has maintained its BUY rating on Swiggy but cut its target price to Rs 400 from Rs 520, still implying about 90% upside from the Rs 211 market price.
Main Regional Stories

ICICI Direct, the retail research arm of ICICI Securities, has maintained its BUY call on Stylam Industries with a revised 12-month target price of Rs 3,750, about 21% above the current market price of Rs 3,105.

ICICI Direct, the retail research arm of ICICI Securities, has reiterated its BUY call on Saregama India with a 12-month target price of Rs 740, about 16% above the Rs 638 market price, after the RPSG Group music label posted a robust September qu

BOB Capital Markets has maintained its BUY rating on Cera Sanitaryware with a target price of Rs 6,437, implying about 34% upside from the Nov. 5 closing price of Rs 4,802.

ICICI Securities has maintained its BUY call on Power Grid Corporation of India, trimming its target price to Rs 350 from Rs 360, which implies about 35% upside from the current market price of Rs 260.
Cadila Healthcare has informed that it has posted a 60% hike in its net profit figure. It has announced its financial results for the June quarter of the fiscal year 2010-11.
Leading pharmaceutical firm Jubilant Organosys has declared its first quarter financial results for the fiscal year 2010-11. The company has reported that there has been a huge decline in the net profit figure of the company in the quarter under review.
The UK Chancellor George Osborne will start his tour to India with the historic delegation from the coalition government by holding talks with the Tata group.
The BP officials have returned to the oil spill spot to stop the huge oil spill of US history permanently by pumping mud and cement in to it. The BP officials left that spot with the ships because of the fears of the tropical storm but they are back now in the Gulf of Mexico.
Indiabulls Financial Services has reported its June quarter financial results for the fiscal year 2010-11. According to the report, its Profit After Tax has gone up to a significant 80% rise in the June quarter. 








