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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.
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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.
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Lenskart’s muted stock market debut despite 20x oversubscription reflects overvaluation concerns, says Dharmesh Kant, Head of Equity Research at Cholamandalam Securities. Calling the eyewear brand’s IPO “overpriced,” he warned that a 50% correction is possible amid competition from Reliance’s Jio Frames. While the business remains strong, Kant believes unsustainable pricing leaves little upside for retail...
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BSE is set to report another strong quarter, with brokerages estimating a 46–64% YoY surge in profit to ₹506–₹529 crore for Q2FY26. Revenue growth of 36–41% is expected, driven by robust derivatives trading and steady cash market volumes.
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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.
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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.
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Goldman Sachs has upgraded India to ‘Overweight’, projecting Nifty at 29,000 by 2026, driven by policy support, earnings revival, improving foreign flows, and renewed optimism in domestic growth prospects.
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Lenskart’s founder shared personal stories at the company’s listing ceremony. The eyewear brand began with challenges, including convincing people to join a ‘chashma ka company’. A teacher’s emotional reaction to new glasses highlighted the company’s purpose. Lenskart’s shares debuted with caution, but the company remains a significant player in India’s eyewear market. Its technology and...
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Garden Reach Shipbuilders and Engineers shares surged up to 7% after the company posted strong Q2 and H1 FY26 results, supported by robust revenue growth, higher profitability, and a healthy order book. Management expressed confidence in sustaining growth momentum, backed by strong project execution and continued order visibility for the year ahead.
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India’s motorcycle sector saw robust growth in the second quarter of FY26. This surge was driven by recent Goods and Services Tax reductions and strong festive season demand. Higher-end motorcycle models performed exceptionally well, indicating a positive shift in consumer spending. Exports also reached record highs, showcasing broad-based international demand across various regions and product...
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