Nifty vs gold: 2026 could mark the big mean reversion trade, says Axis MF’s Shreyash Devalkar
After a year where gold and silver dazzled investors, Axis MF’s Equity Head Shreyash Devalkar believes 2026 could mark a turning point. With earnings recovery, sectoral rotation and supportive macros lining up, he argues Nifty may finally outshine precious metals, setting the stage for a classic mean reversion trade.
Silver surges ahead: Can the white metal outshine gold in India’s bullion boom?
Silver prices in India have surged to record highs, outperforming gold with a 53% rise in 2025. Driven by industrial demand, festive buying, weakening rupee, and strong retail and ETF participation, silver benefits from supply deficits, technological applications, and investment appeal, signaling a potential long-term bullish trend in the bullion market.
Eternal vs Swiggy: Which one does HSBC pick as competition intensifies?
HSBC reiterates “Buy” on Eternal, raising its target to Rs 390, citing strong scale, margin leadership, and robust cash reserves. Swiggy remains on “Hold” due to slower margin growth, high cash burn, and execution risks, despite rising average order values. Eternal outperforms in quick commerce and food delivery segments.
Stocks to watch this week: Hindustan Copper, NLC India among five picks with potential gains up to 28%
The latest Trend Tracker shows Nifty falling 2.7% due to visa fee hikes and pharma sector tariffs, settling below 24,700. Analysts expect weak sentiment with stock-specific action. ETMarkets lists five picks — Hindustan Copper, NLC India, Usha Martin, Jindal Saw, Capri Global Capital — offering up to 28% upside in the near term.
20 IPOs to open in the next two days. GMPs range between 8-18%
20 IPOs open soon on Dalal Street; Fabtech leads with 18% GMP, others show 6–10% or flat. Early grey market activity hints at listing gains and investor interest.
Equity mutual funds lost up to 5% last week. Here are the 10 losers
Equity mutual funds saw broad losses last week, with 554 of 578 schemes ending in the red and only 24 posting gains. Nifty50 and Sensex fell over 2%, while global indices also slipped. Quant Commodities Fund, Motilal Oswal schemes, and tech funds ranked among the biggest losers.
Alcobrew Distilleries India files draft papers for IPO; eyes Rs 258 cr via fresh issue
Spirit maker Alcobrew Distilleries India Ltd has filed draft papers with capital markets regulator Sebi to seek its approval to raise funds through an initial public offering (IPO).
Tata Capital: GMP action begins for biggest IPO of 2025. 5 things to know
Tata Capital plans India’s largest 2025 IPO of Rs 17,200 crore on October 6. Proceeds will boost Tier-1 capital, supporting lending growth. Grey market trades at Rs 29; valuation ~$18 billion.