Stock Market Live Updates: GIFT Nifty Indicates Muted Open; Dmart, TCS, HCLTech, Lemon Tree Shares In Focus
Dmart, TCS, HCLTech, Vedanta Bank Of Baroda, Shriram Finance, Lemon Tree And Power Finance Corp are some of the stocks to watch today.
Groww Shares In Focus As Kotak Securities Initiates Buy Coverage
Kotak Securities has initiated coverage on Billionbrains Garage Ventures Ltd (Groww) with a Buy rating and a target price of Rs 190, implying a valuation of around 35 times March 2028 estimated earnings. The brokerage’s constructive medium-term outlook is anchored in Groww’s ability to build scale through trust and technology, expand monetization across multiple financial products and deliver rising profitability supported by strong unit economics.
Avenue Supermarts Shares In Focus After Q3 Results
Shares of DMart's parent company, Avenue Supermarts Ltd. will be in focus heading into trade on Monday after the company reported its third quarter results for the financial year ending March 2026.
During this period, DMart's revenue grew over 13.3% to Rs 15,973 crore. The net profit of the company stood at Rs 856 crore compared to Rs 724 crore that it clocked in during the previous year.
Read more here.
IndiGo Shares In Focus
Shares of Interglobe Aviation Ltd, operator of India's largest airlines IndiGo, will be in focus heading into trade on Monday following a latest note from Kotak Institutional Equities.
The brokerage firm has cut the target price on IndiGo, citing cuts in fair value on the back of changes in crude and currency assumptions.
HCLTech Share Price In Focus Ahead Of Q3 Results
Shares of HCLTech Ltd. are in focus ahead of the company’s December-quarter earnings, scheduled to be announced today, with analysts pencilling in a seasonally strong performance driven by its products and platforms business. While the quarter is expected to deliver healthy sequential growth and margin expansion, wage hikes and restructuring-related costs are likely to temper the upside.
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HCLTech Share Price In Focus Ahead Of Q3 Results; Margin Expansion, Deal Wins, FY26 Outlook On Radar
Gold Price Today: Metal's Price Jumps To Record High On Fed Subpoenas And Iran Tensions
Gold jumped to a record high as the US Justice Department threatened the Federal Reserve with a criminal indictment, while intensifying protests in Iran kept geopolitical tensions elevated.
Bullion rose to just shy of $4,600 an ounce on Monday after Fed Chair Jerome Powell said the central bank had been served grand jury subpoenas from the Justice Department related to his June congressional testimony on renovations of the Fed’s headquarters.
Today, gold is trading at Rs 1,39,400 while silver is at Rs 2,52,380, according to Bullions' website.
