Markets are experiencing a cautious rebound after recent declines. This rally, fueled by short covering and domestic institutional buying, is met with skepticism. Experts suggest a decisive shift depends on a resolution to the West Asia conflict. Foreign institutional investors continue to sell, adding to market unease. Traders await clarity on the geopolitical situation before committing further.
Cupid shares fall 2% even as Q1 profit jumps 3x. What’s ahead for multibagger stock that rose 680% in a year?
Cupid shares fell on Monday despite a threefold rise in Q1 FY27 profit to Rs 44 crore, as revenue surged 159% and EBITDA jumped 265%.
August 10, 2026