News in Focus


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

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

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

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.

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.
Main Regional Stories

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 236, according to its latest 1QFY27 results update.

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 Rs172 share price.

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.

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.

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.
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