Siemens among Top Gainers On The Nifty

Indian Rupee Inches Up Chasing Strong Asian Stocks

Indian CurrencyMumbai: The rupee inched up today as profits in Asian stocks aroused expectations of abroad investment flows into local equities, though dealers stayed conservative regarding the fallout from U.S. credit market instability.

At 9:40 a.m, the partly convertible rupee stood at 41.07/08 per dollar, beefing up from yesterday’s 41.08/09.

Japanese PM Arrives In India, N-Cooperation, Defense On Schedule

Japanese Prime Minister Shinzo AbeNew Delhi: With a multi-pronged two-si

All Indian ADRs showing signs of Weakness

The US indices ended the day on a mixed note on Tuesday (August 21), with the Dow Jones closing in the negative and Nasdaq ending in the positive.

The Nasdaq ascended on Tuesday as news that the Federal Reserve might bring down its benchmark interest rate shortly, allayed unrelenting worries regarding the credit markets.

The Dow Jones closed down 30.49 points, or 0.23%, at 13,090.86, whereas the Nasdaq Composite closed up 12.71 points, or 0.51%, at 2521.30.

Direct Tax Proceeds Up 44% Till Mid-August

New Delhi: A cheerful securities market, combined with an economy rising at 9 per cent, has resulted in the government accumulating 44.39 per cent extra direct tax receipts till August 15 in the cu

ICICI Prudential AMC Ties Up With United Bank Of India

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News in Focus

Suzlon Energy Share Price Target at Rs 65: ICICI Direct

ICICI Securities has maintained a Buy rating on Suzlon Energy, retaining an unchanged target price of Rs 65, implying 35% upside from the current market price of Rs 48.

Tata Power Share Price Target at Rs 485: ICICI Securities

ICICI Securities has reiterated a Buy rating on Tata Power Company, maintaining a target price of Rs 485, implying 31% upside from the current market price of Rs 371.

CoForge Limited Share Price Target at Rs 1,950: ICICI Securities

ICICI Securities has maintained a Buy rating on Coforge Limited, setting a target price of Rs 1,950, implying a 17% upside from the current market price of Rs 1,669.

Bharat Electronics Share Price Could Reach Rs 530: ICICI Securities Remains Bullish on PSU Major

ICICI Securities has maintained a Buy rating on Bharat Electronics, setting a target price of Rs 530, implying a 35% upside from the current market price of Rs 394.

NTPC Share Price Target at Rs 420: Axis Securities Remains Bullish on PSU Counter

Axis Securities has maintained a Buy rating on NTPC, though it has trimmed the target price slightly to Rs 420 from Rs 430, implying a 20% upside from the current market price of Rs 350.

SAIL Share Price Target at Rs 225: ICICI Securities

ICICI Securities has maintained a Buy rating on Steel Authority of India, setting a target price of Rs 225, implying a 36% upside from the current market price of Rs 165.