Invest In India Cements On Declines : Rahul Mohindar

Rahul Mohindar of Viratechindia suggested investors to buy India Cements on falls.  

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%.

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News in Focus

Waaree Energies Share Price Could Reach Rs 3,333: Anand Rathi Stock Research

Anand Rathi has maintained a Buy rating on Waaree Energies, though it trimmed the target price to Rs 3,333, implying roughly 27% upside from the current market price of Rs 2,624.

Bajaj Housing Finance Share Price Target at Rs 107: Deven Choksey Research

Deven Choksey Research has maintained a Buy rating on Bajaj Housing Finance, setting a target price of Rs 107, implying 23% upside from the current market price of Rs 87.

Cryptocurrency Mining in Southeast Asia Increasingly Stealing Electricity, Causing Massive Loss to Transmission Companies

Illegal cryptocurrency mining is draining electricity grids and funding organized crime across Southeast Asia, with Malaysia at the epicenter.

Dabur Share Price Could Reach Rs 515: Axis Securities Remains Positive on FMCG Major

Axis Securities has maintained a Buy rating on Dabur India, though it trimmed its target price to Rs 515 from Rs 550, still implying 19% upside from the current market price of Rs 433.

Vedanta Aluminium Metal Share Price Target at Rs 520: ICICI Securities

ICICI Securities has maintained a Buy rating on Vedanta Aluminium Metal, holding its target price at Rs 520, implying 14% upside from the current market price of Rs 457.

Bajaj Finance Share Price Target at Rs 1,300: Motilal Oswal

Motilal Oswal has upgraded its rating on Bajaj Finance to Buy from Neutral, setting a target price of Rs 1,300, implying 23% upside from the current market price of Rs 1,054.