JM Financial has reiterated its ‘Buy’ rating on Nykaa, raising the target price to Rs 250, reflecting a 15% upside from the previous day’s Rs 217 closing price. The upgrade is driven by Nykaa’s strong FY24 performance and strategic market positioning.
Nifty at 26K, but why is your stock portfolio bleeding?
Nifty crossed 26,000 on November 26, 2025, followed by the SENSEX breaching 86,000, signalling market optimism. However, investors’ portfolios tell a different story. While Nifty