AI superstar Nvidia could eclipse India’s entire market cap if Cantor’s target price is met
Nvidia, valued at $4.3 trillion, could surpass India’s Rs 5.21 trillion equity market if shares hit $240. Driven by AI chip dominance, the stock has surged 1,400% since 2022. Analysts remain bullish ahead of Q2 earnings, with China growth and AI demand in focus.
TCS, Infosys shares gain over 3% after brokerages’ bullish nudge. What’s driving the upgrades?
Shares of TCS and Infosys jumped over 3% after Investec and JP Morgan upgraded ratings with higher targets, citing long-term IT resilience. Analysts see recovery in H2 FY26, driven by AI-led transformation, cost efficiency, and robust order books despite near-term demand pressures.
Ashish Kacholia-backed Vikran Engineering raises big money from anchor investors ahead of IPO. Check marquee investors
Vikran Engineering, backed by The Wealth Company, Ashish Kacholia and Mukul Aggarwal, raised ₹232 crore from anchor investors before its ₹772 crore IPO, attracting strong participation from domestic funds, insurers, and global institutions.
Nifty rejig: Ola Electric, Ather Energy, SWSolar among 46 smallcap stocks to be impacted. Check details
The National Stock Exchange’s September 2025 semi-annual review is set to bring sweeping changes to the Nifty Smallcap 250 index, with 46 stocks set to be impacted. The rejig, effective September 30 after adjustments on September 29, will drive significant passive flows as funds tracking the index adjust their portfolios.
Here are 6 midcap stocks with a strong RoE over 50%. Do you own any?
Several midcap stocks are delivering strong returns on equity above 50%, reflecting efficient management and solid business models. High RoE indicates financial health and growth potential.
JM Financial initiates coverage on ITC Hotels with ‘Sell’ rating, sets Rs 215 target price
ITC Hotels shares faced selling pressure. JM Financial started covering the stock with a ‘sell’ rating. The brokerage cited valuation concerns despite strong fundamentals. The stock price declined following the report. JM Financial acknowledged ITC Hotels’ leadership and growth. However, limited near-term asset commissioning and current valuations led to the ‘sell’ recommendation.
Cohance Lifesciences and other pharma stocks jump up to 5% after Jefferies initiates Buy recommendation
Cohance Lifesciences, Divi’s Laboratories, and SAI Life Sciences rallied after Jefferies initiated coverage with ‘Buy’ ratings, citing strong growth prospects in India’s CRDMO sector. The brokerage sees a high-teen revenue CAGR, led by China+1 diversification, pipeline visibility, and demand for diabetes and weight-loss therapies.
Vodafone Idea shares rally over 10% in 2 days amid AGR relief buzz
Vodafone Idea shares rose 2.3% to Rs 7.23 on Monday, extending a two-day rally of over 10%, after reports that the Prime Minister’s Office is reviewing a relief package for the debt-laden telecom operator. Proposed measures include a two-year moratorium extension, flexible repayments, lower installments, and possible penalty waivers on AGR dues of Rs 83,400 […]
OYO to file DRHP in November, targets $7-8 billion IPO valuation: Report
OYO, the global travel tech firm, is planning to file its Draft Red Herring Prospectus in November. The company is expecting a valuation of USD 7-8 billion for its IPO. OYO may approach its board with the proposal next week. SoftBank, a major shareholder, has engaged with several banks to assess market sentiment.
Nifty bulls to regroup soon, says Anand James. Key levels to watch out for
Geojit Investments’ Anand James suggests Nifty’s pause is temporary, anticipating a rebound towards 25,200 if it holds above 24,850. He cautions a fall below 24,740 could trigger a deeper decline. He also anticipates Sensex volumes to remain unaffected by the expiry day swap. He recommends buying Engineers India and DCB Bank, setting specific targets and […]