The GIFT Nifty, an early indicator of Nifty 50's performance, traded at 24,653, compared to Thursday's Nifty Futures close of 24,739.40.
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The GIFT Nifty, an early indicator of Nifty 50's performance, traded at 24,653, compared to Thursday's Nifty Futures close of 24,739.40.
The brokerage believes the organised jeweller is still in the early stages of benefiting from India's formalisation trend, leading it to initiate coverage with a 'Buy' rating and a target price of Rs 830, implying an upside of about 39% from current levels.
The remarks were widely seen as a direct response to US President Donald Trump, who has repeatedly claimed that Washington and Tehran are engaged in negotiations while alternating this with threats of military action against Iran.
Trent's Q1 earnings beat Street estimates, prompting brokerages to retain bullish views. Strong margins impressed analysts, but slower revenue growth remains the biggest watchpoint.
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Margins may have disappointed in the June quarter, but brokerages believe the bigger takeaway was management's commentary on growth.
Titan Q1 FY27 results are due on Aug. 7. Investors will watch jewellery demand, margins, guidance, earnings call details and share price.
The ruling on Thursday follows the first phase of the trial in March, when a jury found that Meta knowingly harmed children's mental health.
VNB margin expanded 730 basis points YoY, while PAT rose 23%; brokerage expects LIC's margin gains to continue.
The trends on Gift Nifty indicate a negative opening for the benchmark indices, Nifty 50 and Sensex today. The Gift Nifty was trading around 24,647 level, a discount of nearly 92 points from the Nifty futures' previous close.