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.
News in Focus


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.

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
Main Regional Stories

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.

ICICI Securities has maintained its BUY call on State Bank of India with an unchanged target price of Rs 1,300, implying about 34% upside from the current market price of Rs 970.
Gold fell as equities and currency markets were stable, leaving little demand for gold as a rainy-day asset. Gold opened at 18430, as the dollar recuperated after being subdued the previous day. After substandard retail sales dampened investor sentiment, the metal retorted to a high of 18505 as the greenback lost its luster. The risk-taking was short-lived however, as the dollar recovered, sending gold a low of 18335, before it mustered a close of 18383.Now support for the gold MCX is seen at 18310 and below could see a test of 18238. Resistance is now likely to be seen at 18480, a move above could see prices testing 18578.
New Delhi, July 15 : Remember the Hollywood movies where you drool as much over the clothes and styling as over the plot? Now comes an Indian movie that promises to give glimpses of high street fashion in India and set a benchmark for Bollywood.
Kolkata, July 15 - The Ruia Group, known for its buying spree, could acquire a European auto component company soon, chairman Pawan Kumar Ruia said.
U. S. researchers have found that having a bigger, nicer, more interesting home and more friends is linked to shrinking tumors in mice.
Vitamin B3 may be effective in fighting fungal infections, Canadian researchers have said.
Researchers have advised that U. S. teens tend to drink more alcohol the summer before college, but parents can help stave alcohol use by discussing drinking with them. 








