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BusinessJefferies has given a 'buy' rating to Hindustan Aeronautics Ltd (HAL), a defence stock that has surged nearly 600% in five years from ₹699 to ₹4,670 per share on the NSE. The brokerage expects further gains of 43%, citing the upcoming deliveries of Tejas Mk1 and Tejas Mk1A aircraft as key growth triggers. HAL shares hit an intraday high of ₹4,695 recently.
Mint Markets·2h ago
BusinessEuropean shares are poised for their first monthly decline in six months due to Middle East tensions, rising energy prices, and higher bond yields, which have increased inflation and interest rate concerns. The STOXX 600 index rose 0.7% but is still on track for a loss in September. Mining stocks gained as investors awaited key European inflation data.
ET Markets·50m ago
TechnologyGoogle has launched the Fitbit Air in India, its first screenless fitness tracker with continuous heart rate and SpO2 sensors. Announced on September 27, the device will be available from October 2 in four colors: Obsidian, Berry, Lavender, and Fog. Buyers get a three-month Google Health Premium trial and Rs. 1,000 cashback with select HDFC and ICICI Bank cards.
NDTV Tech·1h ago
SportsIn the second ODI against West Indies in Guwahati on September 30, India won the toss and chose to field. Fast bowler Auqib Nabi made his debut, replacing Nitish Kumar Reddy. India leads the three-match series 1-0 after an eight-wicket win in the first ODI at Thiruvananthapuram. The final match is scheduled for October 3 in New Chandigarh.
Deccan Herald·1h ago·Guwahati
WorldA loud explosion-like sound was reported at Mangalore Refinery and Petrochemicals Ltd on Wednesday, followed by dense smoke visible from a distance. Local residents expressed concern over the incident, which caused anxiety in surrounding areas. Authorities have yet to provide further details about the cause or impact of the event.
Times of India·1h ago·Mangaluru
PoliticsThe Gujarat High Court dismissed AAP leader Arvind Kejriwal's appeal against a Rs 25,000 cost imposed in the case concerning information about Prime Minister Narendra Modi's educational qualifications. The court upheld the decision that the Central Information Commission should not disclose details about Modi's education.
DNA India·1h ago
Mint Markets·2h ago
Jefferies has given a 'buy' rating to Hindustan Aeronautics Ltd (HAL), a defence stock that has surged nearly 600% in five years from ₹699 to ₹4,670 per share on the NSE. The brokerage expects further gains of 43%, citing the upcoming deliveries of Tejas Mk1 and Tejas Mk1A aircraft as key growth triggers. HAL shares hit an intraday high of ₹4,695 recently.
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