Eternal’s shares soared over 10% despite a profit dip, fueled by positive management outlook and Blinkit’s strong performance, surpassing market expectations. Brokerages raised target prices, citing Blinkit’s market share gains over Zepto and improved profitability. The company’s focus on dark store expansion is now yielding positive results, making it a preferred pick for investors.
Nifty to consolidate between 25,850–26,300 in coming weeks: Rajesh Bhosale
Indian markets opened muted, with Nifty hovering near 26,000 as momentum cooled post-record highs. Broader markets face strain, prompting caution. Analysts suggest Nifty will consolidate