On Monday, the Sensex gained about 319 points to close at 83,535. During the broader market rally, nine stocks from the BSE Financial Services Index hit fresh 52-week highs, reflecting strong sectoral momentum and signalling continued investor interest in financial names.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
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
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
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
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...Read More
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.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
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
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.Read More
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