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Swiggy shares rebounded nearly 5% after plunging 17% following its Q2FY27 results. While food delivery profitability improved, widening Instamart losses prompted Jefferies and Nomura to cut target prices, even as brokerages retained bullish ratings.
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Market updates
Stocks · 26 Oct 2026
ITC Hotels reported strong second-quarter growth, with revenue rising 26% and net profit increasing 52% year on year, supported by higher room rates, occupancy and demand from business events. The company also expanded its portfolio through new hotel signings, the Welcomhotel Ahmedabad acquisition and a land allotment in Lucknow.
Source: Economic Times Markets
Read moreStocks · 26 Oct 2026
Indian equity markets snapped a four-day losing streak as Sensex and Nifty rebounded, supported by broad-based buying. Dr Reddy’s and JSW Steel led gainers, while rising India VIX signalled continued volatility and technical concerns about downside risks.
Source: Economic Times Markets
Read moreStocks · 26 Oct 2026
European shares traded flat as investors weighed corporate earnings and political uncertainty in France. Falling oil prices, driven by hopes of easing US-Iran tensions, supported travel and leisure stocks, while energy shares declined.
Source: Economic Times Markets
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