Swiggy’s new Rs 10,000 cr QIP raises concerns as investor Devina Mehra critiques repeated fundraises by loss-making startups, warning of limited returns and cautioning investors to focus on fundamentals amid growing hype in high-valuation tech listings.Read More
Gold shifts from “sell on rise” to “buy on dips” as domestic prices jump amid US shutdown worries. LKP Securities highlights five technical triggers—support/resistance, RSI, Bollinger Bands, moving averages, and MACD—indicating upside potential, with entry near Rs 1,20,800–1,21,000 and targets up to Rs 1,23,600.Read More
Indian stock markets closed higher on Monday. The Sensex and Nifty saw gains, mirroring positive trends in Asian markets. Optimism grew as Washington neared a resolution to the US government shutdown. Investor sentiment was further boosted by strong quarterly earnings reports. This led to stock-specific rallies and an overall upward movement in the markets.Read More
The Indian rupee clung to a narrow range in touching distance of its all-time low on Monday, as a broadly softer dollar amid improved risk appetite globally offered little comfort to the currency in face of persistent interbank dollar demand.Read More
Goldman Sachs upgraded India to Overweight, setting a Nifty target of 29,000 by 2026. The brokerage cited strong earnings prospects and outlined four key investment themes driving future growth.Read More
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