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Devender Singhal of Kotak Mahindra AMC highlights a stronger case for silver over gold, driven by increasing industrial demand from solar, EVs, and AI. He expresses bullishness on the auto sector, particularly lower-end segments, expecting sustained growth. Singhal anticipates robust Q3 earnings, despite Q2 disruptions, maintaining a balanced portfolio with 65% in equities.
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Nifty’s recent rebound appears shaky, with historical patterns suggesting a 67% probability of a bearish October and high volatility. FII long-short ratio dropped to all-time lows, hinting at a window for fresh long build-up. FINPIPE and PRSMJOHNSN are top buy ideas for the upcoming week.
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WeWork India IPO: The stock’s grey market premium has dropped sharply, now at only 0.77% above the issue price compared with 2.76% earlier. Though GMP provides a rough hint of potential listing performance, it remains unofficial and highly volatile.
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When the closing price rises above the VWAP, it signifies that the closing price is higher than the average price at which it was traded throughout the day, with the average being weighted by trading volume.
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DMart shares: In its Q2 FY26 business update, the retailer reported standalone revenue of Rs 16,218.79 crore, up from Rs 14,050.32 crore a year earlier. The figures are subject to a limited review by the company’s statutory auditors.
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