Stock Markets to remain Strong Today: Technical View

Stock analyst, KJMC Capital Markets, Anand Dama said yesterday, the security market deals in the positive though the majority of the international markets were down. The market showed lot of short covering. Despite that, political stableness also pulled the markets up.

After mid-session, stock market recovered as there were no remarks from the Left. The major buying was seen in PSU. Some buying was also seen in auto sector as auto numbers are anticipated in the coming two-three days.

GMR Group Undergoes Organizational Re-Alignment

Bangalore: GM Rao GroupSpeedy development in various key segments has coerced the Rs 30,000-crore infr

Cholera Takes More Than 100 Lives In Orissa

Orissa deaths due to Cholera
Kashipur, Orissa: Cholera has preyed more than hundred people in Orissa’s Koraput and Rayagada districts. More than 6000 people have got treatment thus far.

UPA, Left To Take Final Decision On N-Deal Mechanism

The UPA and the Left political parties will assemble to take a final decision on developing a mechanism to check out headaches of the allies over the Indo-US nuclear contract.

Firstsource pays $330 Mln for MedAssist

Firstsource Solutions Ltd.Mumbai: Back-office Company Firstsource Solutions Ltd has adopted U.S.-based MedAssist, a leading provider of revenue cycle management in the healthcare industry for $330 million.

There would be no alteration in the organization of MedAssist and all 1,400 employees would carry on their existing duties, Firstsource said..

‘Stone Of The Century’ Unearthed

Cullinan StoneA South African mining company claimed to have discovered the world’s largest diamond, which is double the size of the current biggest known stone, the Cullinan.

Brett Jolly, a spokesman for the company, Two Point Five Construction, said the rough diamond - reportedly a 7,000-carat stone about the size of a coconut - had been transported under tight security to Johannesburg and deposited in a bank vault.

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News in Focus

Honasa Consumer (MamaEarth) Share Price Target at Rs 570: Invest4Edu Stock Research

Invest4Edu Private Limited has initiated coverage on Honasa Consumer Limited, the parent of Mamaearth and a stable of digital-first beauty brands, with a BUY rating and a target price of Rs 570 — i

IIFL Finance Share Price Could Reach Rs 700: Motilal Oswal

Motilal Oswal Financial Services has reaffirmed its bullish stance on IIFL Finance, maintaining a BUY rating and raising its target price to Rs 700, implying an upside of roughly 23% from the curre

Infosys Limited Share Price Target at Rs 1,254: Deven Choksey Research

Domestic brokerage Deven Choksey Research has reaffirmed a BUY rating on Infosys Ltd, setting a 12-month target price of Rs 1,254 against a current market price of Rs 1,051, implying 19 percent ups

HDB Financial Services Share Price Target at Rs 900: ICICI Securities

ICICI Securities has maintained its BUY recommendation on HDB Financial Services, setting a target price of Rs 900 versus a current market price of Rs 752, implying around 20% upside.

Tata Power Share Price Target at Rs 488: Motilal Oswal Research

Motilal Oswal has reiterated a BUY rating on Tata Power with a target price of Rs488, implying about 29% upside from the current market price of Rs378.