Somil Mehta from Mirae Asset Sharekhan recommends selling Hindalco at Rs 586 with a target of Rs 540, and Infosys at Rs 1,822 with a target of Rs 1,800. Hindalco has broken a long-term trend line, while Infosys has dropped out of its consolidation range, indicating downward trends for both stocks.
Related news
Indian cricketer Axar Patel announced the birth of his son, Haksh Patel, sharing a touching Instagram post. Due to personal commitments and overseas performance considerations, Axar was unavailable for India's squad selection in the Border-Gavaskar Trophy. Mumbai's Tanush Kotian replaced him, with Kuldeep Yadav still recovering from surgery.
A 24-year-old woman, Greeshma SS, was sentenced to death by the Neyyattinkara additional sessions court for murdering her boyfriend, Sharon Raj, in October 2022. The court also imposed fines and additional imprisonment for various charges. Her uncle received a three-year sentence, while her mother was acquitted due to lack of evidence.
On February 15, a frenzy gripped Dubai International Airport as fans gathered to see the Indian cricket team arrive for the ICC Champions Trophy. Though mostly calm, the airport buzzed with excitement as players like Virat Kohli, Hardik Pandya, and captain Rohit Sharma appeared. India faces Bangladesh in their opening match on February 20.
Delhi experienced a significant drop in temperatures and heavy fog on Wednesday morning, resulting in poor visibility. The Air Quality Index was recorded at a 'very poor' level of 326. Authorities have increased the number of shelters for the homeless to cope with the harsh conditions. Dense fog and chilly winds are expected to continue for several days.
The ministry of home affairs has returned a proposal to prosecute three IAS officers in the Jammu and Kashmir arms licences scam due to missing documents. They must resubmit the full documentation within a week. CBI is investigating irregularities in granting over 278,000 arms licences between 2012 and 2016, implicating several IAS officers for issuing licences in exchange for money.
A late-night brawl erupted at a Noida cafe between two groups, triggered by caste-related songs. Six arrests were made, including a Delhi Police head constable. The clash involved property damage, a gunshot, and stick-wielding men. The illegally operating cafe has been shut down again.
In a significant political shift, the BJP secured 48 out of 70 assembly seats, marking a historic comeback in Delhi after 26 years. The ruling AAP, managed to secure just 22 seats. Despite the overall loss, some lesser-known AAP candidates, like Atishi and Gopal Rai, retained their positions, showcasing grassroots support amidst the party's setbacks.
CISF has initiated the 'Great Indian Coastal Cyclothon' to raise awareness about coastal security by engaging with coastal communities. The event concluded with 125 cyclists, including 14 women, covering 6,553 km over 25 days and connecting with 58 communities across 11 states and UTs, reaching a 2.5 crore-strong audience.
Magnesium is essential for muscle, nerve function, blood sugar control, and energy production. Deficiency symptoms can be subtle but severe if ignored. Causes include poor diet, digestive disorders, excessive alcohol, and certain medications. Prevention involves eating magnesium-rich foods and reducing stress. Supplements help but consult a healthcare provider for appropriate dosage.
YouTubers Ranveer Allahbadia and Ashish Chachlani appeared at the Maharashtra Cyber Cell to record statements regarding controversial comments. Ranveer confessed to his mistake, apologised, and expressed regret. He is temporarily barred from performing shows and traveling abroad.