Global IT solutions major, SAP stated that it had doubled up its Indian customer base from 1,000 in August 2006 to 2,000 now. The growth assumes signification as it took up the company nine years in India to touch the 1,000-customer mark, and only twelve months to twice it. 
Rupee remained weak against the US dollar on second consecutive day. The reason behind the fall in Rupee is fresh dollar demand due to fall in markets. Some funds are taking their money out of Indian Markets. The Indian currency was quoting 15 paise lower during early trading hours. However Yen was stronger in overseas markets. 
has posted great results.
Bhupendra Sharma, vice president, Hornic Investments told that, yesterday stock market was within range and ended the day after gaining 59 points. Sharekhan has reaffirmed its "Buy" rating for L&T Technology Services Ltd (LTTS), maintaining a price target of Rs 6,500, which reflects a 21% upside from its current market price of Rs 5,351.
News in Focus
Anand Rathi Share and Stock Brokers has reiterated its “Buy” rating for Sterling and Wilson Renewable Energy Ltd (SWSOLAR) with a 12-month target price of Rs 870, implying an upside potential of 49
Motilal Oswal has issued a "Buy" rating for KEI Industries Ltd. (KEII) with a target price of Rs 5,100, representing a 16% upside from its current market price of Rs 4,385.
Motilal Oswal has reiterated its "Buy" rating for Vinati Organics Limited (VO) with a price target of Rs 2,500, reflecting an upside potential of 25% from its current market price of Rs 2,005.
Prestige Estates Projects stock closed 3 percent lower in today's session and we could see further decline in this counter as the markets will adjust the price based on negative news.
Bitcoin has been showcasing strongly bullish trends and five stocks witnessed strength whenever cryptocurrency markets gain.
Main Regional Stories
Zacks Equity Research has issued an “Outperform” rating for HealthEquity, Inc. (HQY), reflecting optimism surrounding its future growth, particularly within the Health Savings Account (HSA) market.
Zacks Equity Research has upgraded DTE Energy Company (DTE) from a “Neutral” to an “Outperform” rating, reflecting its strong performance and investment potential in the utility sector.
Prabhudas Lilladher has reaffirmed a BUY rating on HDFC Asset Management Company (HDFC AMC), increasing its target price to Rs 5,360, a 17.7% upside from its current price of Rs 4,555.
ICICI Securities has reiterated its BUY rating for PVR Inox, with a target price of Rs 2,250, reflecting a 39% upside from the current market price of Rs 1,621.
