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BusinessVeteran investor Parag Thakkar expects HDFC Bank shares to rise nearly 30% to Rs 925 within 12-15 months, citing attractive valuation at 10 times PE and 1.3 times P/B, and no asset-quality concerns. He believes this target is achievable regardless of the new MD and CEO. Thakkar also anticipates the bank will announce its new CEO before the Q2FY27 results on October 17.
NDTV Business·4h 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·34m 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·51m 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
NDTV Business·4h ago
Veteran investor Parag Thakkar expects HDFC Bank shares to rise nearly 30% to Rs 925 within 12-15 months, citing attractive valuation at 10 times PE and 1.3 times P/B, and no asset-quality concerns. He believes this target is achievable regardless of the new MD and CEO. Thakkar also anticipates the bank will announce its new CEO before the Q2FY27 results on October 17.
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