Nuvama Institutional Equities initiated coverage on Swiggy with a ‘Buy’ rating and a target price of ₹510, citing its strong scale, improving profitability in food delivery, and early recovery in quick commerce. The brokerage highlighted Swiggy’s turnaround in execution, noting it now outpaces Zomato’s growth and stands among India’s largest hyperlocal delivery players.Read More

Investor enthusiasm for Groww’s ₹6,632 crore IPO has tempered, with its grey market premium slipping to ₹5 (5%) above the issue price of ₹100 on allotment day. Despite strong subscription, the soft GMP signals caution over near-term listing gains.Read More

Investor sentiment toward new-age tech IPOs has cooled sharply after Lenskart’s weak debut. Grey market premiums (GMPs) for Groww, PhysicsWallah, and Pine Labs have plunged to just 2–5%, reflecting caution among investors. Analysts say high valuations and tepid demand have dampened near-term enthusiasm for digital-first companies hitting Dalal Street.Read More

Shares of Nalco rose sharply on Monday after the PSU reported a 37% YoY surge in Q2 profit to Rs 1,430 crore and announced a hefty interim dividend of Rs 4 per share. Strong margins, higher aluminium realisations, and progress on refinery expansion projects further boosted investor sentiment and extended the stock’s rally.Read More

In an era of career uncertainty, relying on a single paycheck is risky. Bonds are emerging as a preferred asset class for passive income in India, offering predictable 10-14% annual returns. This provides a steady cash flow, much like a secondary salary, ensuring financial stability and security for investors across all life stages.Read More

Lupin shares saw an uptick after Jefferies raised its target price and reiterated a “Buy” rating post-strong Q2 results. The US business hit a multi-year high with $315 million in sales, supported by new launches and robust margins, prompting upward revisions to FY26–FY27 earnings and growth outlook.Read More

Japan’s Nikkei surged over 1% to 50,911.76, mirroring positive U.S. stock futures on hopes of an end to the government shutdown. Advantest, Tokyo Electron, and SoftBank Group led gains, with smaller chip stocks also seeing significant jumps. Honda Motor fell after a profit forecast cut, while Mercari jumped on strong net profit.Read More

Chakri Lokapriya of LGT Wealth anticipates Bajaj Auto, financials, and industrials to lead market gains, driven by falling interest rates and robust corporate balance sheets. He highlights two-wheeler demand recovery and strong credit uptake in financials as key catalysts. FII flows are expected to return with accelerated earnings growth, while the pharma CDMO segment shows...Read More

Brokerages, including Jefferies, Motilal Oswal, Elara Capital, and HDFC Securities, have trimmed target prices for Trent to as low as Rs 4,300 following Q2 results, citing growth deceleration, weak like-for-like sales, and muted consumer sentiment. Despite stable margins, analysts flagged moderation in revenue momentum and advised caution amid rising competition and valuation concerns.Read More

Shakti Pumps shares dropped 8.1% after reporting weaker Q2 profits despite modest revenue growth and rising solar pump installations. The company’s export business showed strength, with healthy order inflows and global demand. However, declining margins and bearish technical indicators suggest short-term pressure on the stock despite a strong long-term growth pipeline.Read More