Sensex Gains 153 Pts At Close; SBI Shines Again

After touching an intraday high of 15,235.51, the BSE Sensex finally ended the day at 15,138.40, up 152.70 points, whereas the broad-based NSE Nifty ended at 4,401.55, up 45.2 points.

Garda Chief Strikes At Watchdog Criticism

Garda Commissioner Noel ConroyThe Garda dismissed scalding criticism over its supposed inability to apologize for misconduct. Garda Commissioner Noel Conroy asserted the force have said sorry on several occasions when it had made mistakes.

An official watchdog assemble to probe public grievances against the gardai said there was an institutional culture of indifference to misconduct.

Sonia May Rearrange Congress Shortly

Congress President Sonia GandhiNew Delhi: A governmental restructure in the Con

Forex Reserves Surge By $3.307 Billion

ForexOn the back of jump in foreign currency and assets collections, Forex reserves soared up by USD 3.307 billion to USD 225.35 billion as on July 27.

According to RBI’s weekly statistical supplement, foreign currency and assets got to USD 218.096 billion on the back of USD 3.306 billion. In the same period, reserve position in IMF dropped by USD 10 million to USD 455 million.

Bank Credit Jump 23.7% As On Jul. 20

As on Jul. 20, 2007, the credit paid out by listed commercial banks developed 23.7% (Rs 3,663.49 billion) on a year-on-year basis that is beneath the increase of aggregate deposits of 24.4%.

USA To Improve Nation’s Deficient Bridges

After shock of bridge’s inexplicable fall at evening rush hour into the country’s largest river, bridge experts offer reassurance – The same federally assigned inspections that show one-quarter of U.S. bridges to be “structurally deficient” or “functionally obsolete,” they are in very little danger of collapsing.

This is what the same experts would have said about the Interstate 35W Bridge in Minneapolis before it collapsed down Wednesday.

Pages

News in Focus

Motherson Sumi Wiring Share Price Target at Rs 50: ICICI Securities

ICICI Securities has maintained its BUY rating on Motherson Sumi Wiring India, keeping its target price unchanged at Rs50 — a 25% upside from the current market price of Rs40.

Marico Share Price Could Reach Rs 1,050: Motilal Oswal Stock Research

Motilal Oswal Financial Services has reiterated a BUY rating on Marico, maintaining its target price at Rs1,050 — a 20% upside from the current market price of Rs875.

Kalyan Jewellers Share Price Could Reach Rs 700: Motilal Oswal Research

Motilal Oswal Financial Services has reiterated a BUY rating on Kalyan Jewellers, maintaining a target price of Rs700 — an 18% upside from the current market price of Rs591.

Nuvama Wealth Share Price Target at Rs 2,100: Motilal Oswal Financial Services

Motilal Oswal Financial Services has reiterated a BUY rating on Nuvama Wealth, raising its target price to Rs2,100 — a 16% upside from the current market price of Rs1,804.

Godrej Properties Share Price Could Reach Rs 2,350: Motilal Oswal Financial Services Remains Bullish

Godrej Properties Ltd reported a 22% year-on-year rise in pre-sales to Rs 86.5 billion in the first quarter of FY27, an 8% beat on brokerage estimates, driven by strong launches across Bengaluru, t

DLF Share Price Target at Rs 755: Motilal Oswal Financial Services

Motilal Oswal Financial Services has retained its BUY rating on DLF Limited, setting a target price of Rs755, implying a 17% upside from the current market price of Rs643.