Goldman Sachs has upgraded India to Overweight, anticipating the Nifty to reach 29,000 by end-2026. The brokerage identified 11 stocks with high earnings growth and reasonable valuations, including those in defence, energy, travel, pharma, telecom, healthcare, auto components, and cables sectors.Read More

Groww’s Rs 6,632 crore IPO allotment has been finalised, with investors able to check their status via the BSE or MUFG Intime India portals. Despite robust demand and a 17.6x subscription, the grey market premium has softened, signalling cautious sentiment ahead of Groww’s market debut amid high valuations but solid fundamentals.Read More

India’s growth could surprise on the upside in 2026, says Herald van der Linde, Chief Asia Equity Strategist at HSBC. He expects earnings recovery driven by banks, IT, and consumer sectors, aided by lower input costs and improving margins. As AI-heavy markets peak, global funds may rotate into India, where valuations now look more reasonable...Read More

Indian stocks opened weaker on Tuesday, with the Sensex and Nifty retreating into consolidation after October’s strong rally, as financial stocks led the declines. Volatility remained elevated ahead of the Nifty 50’s weekly derivatives expiry. Asian stocks climbed, while gold and tech shares extended sharp overnight gains on signs the U.S. government shutdown could soon...Read More

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. This occurrence is often interpreted as a potential bullish signal by traders and investors. Potentially indicating positive sentiment in...Read More

Gold and silver prices surged to three-week highs on Tuesday, driven by profit-taking in the US dollar index. Analysts anticipate further upside momentum, with gold and silver expected to trade within specific ranges this week amid market volatility and upcoming US inflation data.Read More

Ola Electric shares are plummeting, nearing four-month lows amid investor concern. While technicals signal a downtrend, recent buying near Rs 40 offers support. The company reported a narrowed net loss but a significant revenue drop. Despite challenges, Ola aims for margin improvement and revenue diversification through energy products and in-house battery tech, eyeing profitability.Read More

Market expert Ambareesh Baliga sees strong growth in India’s beauty and personal care sector, with Nykaa’s profits picking up. However, he expressed caution on Trent due to potential pressure on same-store sales. For power ancillary companies like Transformers and Rectifiers, Baliga advised waiting due to cash flow concerns, while a dip in Transrail Lighting might...Read More

Sula Vineyards shares saw a decline on Tuesday after the company reported a mixed set of numbers in its Q2 earnings. It saw a 58% year-on-year decline in Q2 net profit to Rs 6 crore. Revenue slipped 1.1% amid route-to-market disruptions in Telangana, while EBITDA margins contracted 557 basis points to 18.2%, though management expects...Read More

PhysicsWallah’s upcoming IPO highlights unusual risks. Incidents like a falling fan and student altercations have tested the edtech firm’s reputation. The company is expanding offline, introducing new safety measures. Despite these challenges, the Indian education market offers significant growth potential for PhysicsWallah. The IPO aims to fund further expansion and strengthen its hybrid model.Read More