Business

On its first day of trading on the stock market, Lenskart’s failed to match the excitement that had built around its IPO in recent weeks.On Monday, the stock listed at Rs 390 on the NSE, entering 3% lower than the issue price of Rs 402. For a company widely regarded as one of India’s most…

India’s share valuations continue to remain elevated despite the underperformance. (AI image) Expressing confidence in the Indian stock markets, Goldman Sachs has raised its rating to ‘overweight’ and set a 29,000 level target for Nifty50 by end-2026. The latest Goldman Sachs report suggests a potential increase of approximately 14% from Friday’s close of 25,492.The firm…

Gold continued its upward momentum on Monday, jumping by Rs 2,033 to settle at Rs 1,23,100 per 10 grams in domestic futures trade. The precious metal has now advanced for four straight sessions, buoyed by strong global sentiment and a weakening US dollar.Data from the Multi Commodity Exchange (MCX) showed that the December gold futures…

In global markets, spot gold increased by 0.7% to $4,027.88 per ounce at 0115 GMT. The US gold futures for December delivery registered a 0.7% increase to $4,036.60 per ounce. (AI image) Gold rate today: Gold prices are rallying again with MCX December futures surging by Rs 1,223, a rise of 1% to hit Rs…

Top stocks to buy (AI image) Stock market recommendations: According to Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities, the top stock picks for this week are M&M, and UPL. Here’s his view on Nifty, Bank Nifty for the week starting November 10, 2025:Nifty ViewThe benchmark index Nifty witnessed a strong Symmetrical Triangle…

Investors who applied for the IPO of Billionbrains Garage Ventures will find out today if they have been allotted the shares.With the IPO of Groww’s parent company now closed, investors can check their allotment status. Demat accounts of successful bidders are expected to be credited on Tuesday, and the stock is set to make its…

Lenskart Solutions entered the Dalal Street on Monday, making a muted debut. After listing, the eyewear giant will be available for trading on both benchmark indices, NSE and BSE.The Lenskart Solutions share listed at Rs 390 on the BSE, offering a discount of 3% on its IPO price, after closing one of the year’s most…

Top stocks to buy (AI image) Stock market recommendations: According to Motilal Oswal Financial Services Ltd, the top stock picks for the week (starting November 10, 2025) are L&T Finance and Rubicon Research. Let’s take a look: 👉 Visit the Official SleepLean Website Company CMP (Rs) Target (Rs) Upside (%) L&T Finance 304 330 10…

Nuvama maintained its buy rating on UPL with the target price upped to Rs 823 from Rs 808 earlier. Analysts said the company reported strong numbers for July-Sept quarter (Q2FY26) that led to higher outlook for earnings before interest, taxes, depreciation and amortisation (EBITDA), with revenue guidance unchanged. They also said that inventory overhang has…

BENGALURU: Hexaware’s revenue for the Sept quarter rose to $394.8 million, registering a 3.3% sequential and 5.5% year-on-year increase in dollar terms. In constant currency, revenue grew 3.4% quarter-on-quarter and 5.2% year-on-year. Net profit, however, declined 5.4% sequentially. CEO R Srikrishna said the company is witnessing steady momentum across sectors, with financial services, travel, and…