ICICI Stake Sale In Subsidiary Fails To Obtain Govt. Nod

ICICI BankICICI Bank was trading flat at Rs 947.55 as its plan to sell a 5.9 per cent stake in a subsidiary has failed to obtain the government's nod.

During the day, the scrip touched a high of Rs 960 and a low of Rs 940. The current market price of Rs 947.55 brushes off its FY 2007 EPS of Rs 30.7, by a PE multiple of 30.86.

BSE Capital Goods Index Achieves All-Time High

Bombay Stock ExchangeTo an all-time high closing, the BSE Capital Goods Ind

Colgate Palmolive has shown remarkable performance

Colgate Palmolive Co.Colgate Palmolive Co. said, “Second quarter profit jumped more than analysts estimated on increased sales in Europe and Latin America and a weaker U.S. Dollar.”

Pratibha Patil Files Papers For Presidential Election

Taking the firstPratibha Patil formal step in the direction of becoming the first woman President of India, the UPA-Left candidate Pratibha Patil filed her nomination papers for the Presidential election.
Along with Prime Minister Manmohan Singh and Congress chief Sonia Gandhi, she submitted the documents to the returning officer and Lok Sabha Secretary-General P.D.T. Achary at the Lok Sabha Secretariat.
United Progressive Alliance (UPA) leaders Lalu Prasad, Ramvilas Paswan, Sharad Pawar, Ramdas Athawale and T R Balu were also there. Sitaram Yechury, Gurudas Dasgupta and Abani Roy were also present during nomination filing.

Sunita Williams Selected ‘Person Of The Week’

A leading USSunita Williams television network selected Indian-American astronaut Sunit

Cement Stocks In Limelight

On the back of strong demand, Cement scrips were making recoveries from their previous losses. On Friday, India Cements climbed up 0.83% to Rs 188.10. ACC passed up 0.5% to Rs 851, Ambuja Cements rejected 2.64% to Rs 116.25, Ultratech cement turned down 2% to Rs 819.95 and Birla Corp slumped 4.44% to Rs 244.15.

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News in Focus

Jio Financial Services Share Price Target at Rs 315: Motilal Oswal Research

Motilal Oswal has reiterated a BUY call on Jio Financial Services, with a target price of Rs 315, implying meaningful upside from the current market price of Rs 23

Union Bank of India Share Price Target at Rs 206: Anand Rathi Research

Union Bank of India remains a constructive story after Anand Rathi Share and Stock Brokers reiterated a BUY call with a 12-month target price of Rs 206, implying meaningful upside from the current

ACC Limited Share Price Target at Rs 1,554: Deven Choksey Research

ACC Limited is in focus after Deven Choksey Research reiterated an Accumulate stance with a target price of Rs 1,554, implying 12% upside from the current market price of Rs 1,392.

Delta Exchange India Remains the Top Choice for Indian Cryptocurrency Traders to Stay Compliant with Indian Law While Trading in Cryptos

India's crypto trading base has quietly shifted away from its metro-city roots, with more than three-quarters of new activity now originating in Tier-2 and Tier-3 towns.

BHEL Share Price Target at Rs 520: ICICI Securities

ICICI Securities has reiterated its BUY call on Bharat Heavy Electricals Ltd.

Tech Mahindra Share Price Target at Rs 1,900: Motilal Oswal Research

Motilal Oswal has reiterated a BUY call on Tech Mahindra, arguing that the company’s turnaround is gaining traction and that FY27 growth visibility has improved meaningfully.