Euro / Dollar Technical Forex Analysis for Forex Traders

The Euro didn’t even come close to the support specified in yesterday’s report 1.2872, finding a bottom at 1.2950, and refusing to drift away from the 1.30 level for more than half a cent, before t

Commodity Outlook for Gold by KediaCommodity

GoldGold fell lower as relative calm across financial markets focused attention on recent outflows from th

Sensex flat as RIL drags

Sensex flat as RIL dragsMumbai, July 28 - Indian equities markets were in for another listless day of trade Wednesday with a key index ruling flat at noon and heavyweight stock Reliance Industries dragging the market.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 18,077.85 points, was trading at 18,071.26 points, 6.35 points or 0.04 percent down from its previous close at 18,077.61 points.

At the National Stock Exchange (NSE), the broader 50-share S&P CNX Nifty was also ruling flat at 5,430.6 points.

Taiwanese producer wants to make Bollywood-type film

New Delhi, July 28 - One of Taiwan's most celebrated producers, Hsu Li-Kong, wants to make "a Bollywood-type" movie. And he finds India a rich source of themes, be it the stories behind its many gods or its "tiffin culture".

"I do hope I'll make a Bollywood type of movie. That is one of the main aims; I have come to India this time so that I get to know what Bollywood movies are like," Li-Kong told IANS in an interview through an interpreter.

"I am here on a survey and collecting some preliminary information. I do want to make such a movie but I don't have any idea in my mind right now. But I would like to cast some Bollywood stars in my movie, especially the cast of 'Slumdog Millionaire'," he added.

Disney buys social-game company Playdom

Disney buys social-game company PlaydomLos Angeles, July 28 - Mickey Mouse is trying to reconnect with the Facebook generation.

Disney Tuesday said that it was buying social game maker Playdom for $563.2 million.

Playdom, which launched two and a half years ago, attracts 42 million players monthly to its games such as Social City, Bola and Tiki Farm, which are popular on social networks such as Facebook.

Katie Price wants to adopt

London, July 28 : Model Katie Price has said she will adopt children with husband Alex Reid if the couple are unable to conceive naturally.

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News in Focus

Kalyan Jewellers Share Price Target at Rs 786: BOB Capital Markets

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.

Tata Steel Share Price Could Reach Rs 230: ICICI Securities

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.

Pricol Share Price Target at Rs 935: Axis Securities

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.

Mahindra & Mahindra Share Price Target at Rs 4,387: BOB Capital Markets

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.

Stylam Industries Share Price Target at Rs 3,750: ICICI Direct

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 pric