Allstate Divests Its Employer Voluntary Benefits Unit; Stocks Increased By 5%

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Following the announcement on Wednesday that the insurance company had sold its Employer Voluntary Benefits division to privately held StanCorp Financial Group, popularly known as The Standard, for $2 billion, Allstate (ALL) shares hit an all-time high. The insurer announced on Tuesday that this action marked the beginning of its plan to merge its three […]

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FirstCry & Unicommerce Make Outstanding Debut In The Market

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Modern businesses, such as e-commerce software provider Unicommerce and omnichannel retailer FirstCry, made a spectacular stock market entrance on Tuesday, highlighting a healthy primary market. FirstCry’s parent company, Brainbees Solutions, commenced trading on the BSE for ₹625 per share, 34% higher than the ₹465 price of its IPO (initial public offering). Unicommerce Esolutions, situated in

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Australian Shares Upsurge As Positive News On US Producer Prices Raises Hope For A Rate Cut

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For the fourth straight day, Australian stocks increased on Wednesday as expectations of a September interest rate decrease by the Fed Reserve were bolstered by weaker U.S. producer price data. In broad-broad buying, the S&P/ASX 200 index increased 0.6% to 7,872.2 by 00:18 GMT. Because less expensive services offset an increase in the cost of

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On August 14 Indus Towers’ Rs 2,600 Crore Share Repurchase Offer Would Start

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The tower company announced in an exchange filing on Tuesday that the share buyback offer of Indus Towers will begin on Wednesday, August 14, and end on August 21.  “To eligible shareholders who held equity shares of the company as on August 9 (the Record Date), the company has e-mailed the Letter of Offer today,

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US Stock Market Fear Subsides, But Historical Evidence Suggests A Swift Return To Calm

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After a spike in U.S. stock volatility last week, panic seems to have subsided, but if past performance is any indication, markets could stay nervous for months.  The Cboe Volatility Index (.VIX), which is Wall Street’s most widely watched indicator of investor worry, has quickly reduced after closing at a four-year high last week and

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Wall Street Closes Up As news On Lower Producer Prices Encourages Rate-Cutting Bets

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Tuesday’s gains in U.S. indices saw them close at a nearly two-week high, as lower producer pricing data supported expectations of a Federal Reserve interest rate drop in September. Because cheaper services offset rising costs of products, U.S. producer prices rose less than anticipated in July, suggesting that inflation remained mild.  The PPI grew 2.2%

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The Investor Protection Fund Trust’s Maximum Amount Payable Has Been Increased By NSE

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The compensation limit for the Investor Protection Fund Trust has been increased by the National Stock Exchange from Rs 25 lakh to Rs 35 lakh. Claims against trading members who have been declared defaulters or expelled are subject to the new limit. The fund was created to reimburse investors for these kinds of losses as

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As Per Goldman And JPMorgan, Markets Pricing In Higher Recession Odds

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Following the market chaos that temporarily triggered alarm on Wall Street last week, financial markets are indicating a larger likelihood of an impending recession. It is still considered an outside chance. However, models developed by Goldman Sachs Group Inc and JPMorgan Chase & Co indicate that the market-implied chances of an economic downturn have increased

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Asian Stocks Adhering To The US Rise In The Countdown To CPI

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Equities fluctuated between profits and losses in early New York trading after the S&P 500 posted its best four-day performance since 2024. Treasury yields edged slightly higher. Swap traders expected the Fed to decrease interest rates by roughly 40 basis points in September, with a total rate reduction of more than 105 basis points this

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CIPLA Share Price Target

CIPLA Share Price Target 2024, 2025 to 2030 Prediction

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Cipla Limited is a prominent Indian multinational pharmaceutical company, known for its global reach and commitment to quality. With 47 manufacturing facilities worldwide, Cipla’s products are trusted in 86 countries. As the third-largest drug producer in India, Cipla continues to make a significant impact on healthcare both domestically and internationally. CIPLA share price on NSE

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We strongly advise against making investment decisions based solely on the target prices mentioned on this website. These target prices are merely predictions, and investing in the stock market inherently involves risk. The information provided on this site is intended for informational and educational purposes only and should not be considered financial advice or recommendations for any stock.

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