Monthly Archives: July 2024
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Demat account addition zooms on IPO frenzy
The number of new demat account opened by investors has increased 17 per cent last month to 42 lakh from 36 lakh in June on the back of a growing frenzy to make quick money by investing in initial public offer.
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Broker’s call: Hindalco (Buy)
Target: ₹800
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Broker’s call: Dixon Tech (Buy)
Target: ₹11,000
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Quant MF appoints Kataria as CFO
Quant Mutual Fund, under SEBI lens in a front-running case, has appointed Shashi Kataria as Chief Financial Officer.
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Will IREDA Q1 performance justify stock rally?
Today, the Indian Renewable Energy Development Company (IREDA) will declare its quarterly results for the period ended June 2024. This would be the first PSU company to announce its financial performance.
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Systematix: Hold on Praj Industries, TP raised to ₹729 on sustainable aviation fuel focus
Systematix, a brokerage house, has advised maintaining a Hold rating on Praj Industries despite the company’s stock price surging approximately 40 per cent since June 01, 2024. They have revised Praj’s target price upward to ₹729, up from ₹607, based on a projected FY26E price/earnings multiple of 30, reflecting optimism around the company’s shift towards sustainable aviation fuel (SAF) and its global expansion strategies in decarbonization solutions.
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Cheetah Mobile Fu Sheng: Training large models is like refining elixir. Only those who dare to invest money can make ChatGPT.
2024 China Enterprise Future Star Annual Conference will be held in Shanghai from July 26th to 28th
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Trump said that if he is elected, he will fire the SEC chairman and find people who love cryptocurrency to supervise it.
Trump said he would fire the chairman of the U.S. Securities and Exchange Commission (SEC) and choose a cryptocurrency-friendly regulator if he returns to the White House, seeking to attract virtual currency fans and capitalize on the industry\’s growing influence in the political arena.
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Headlines of the week | Biden withdraws from the election and Harris quickly launches an offensive. The market value of the Nasdaq 100 plummets by trillions of yen in a single day and rises strongly to subvert the global market.
The change of leadership in the US Democratic Party has disrupted the Republican Party\’s position. Polls show that Harris will perform better than Biden in the duel with Trump. This makes the outcome of the election unpredictable and brings uncertainty to the economic policy outlook.
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Read Trump’s Bitcoin Conference speech in one article | Trump: Gensler will be fired if he returns to the White House
Former U.S. President Donald Trump said he would fire the chairman of the U.S. Securities and Exchange Commission if he returns to the White House and choose a cryptocurrency-friendly regulator, in a bid to attract virtual currency enthusiasts and capitalize on the industry\’s growing presence in the political arena influence