Shares of food delivery and quick commerce major Swiggy Limited rallied 6 percent to Rs 456 in morning trade on November 26 after UBS initiated coverage on the counter with a 'buy' recommendation citing robust growth prospects for the company.With a 'buy' rating and a target price of Rs 515, the brokerage forecasts a nearly 27 percent upside from the current closing levels on the exchanges. The br...

Let's catch up on the latest news from the stock market. From significant investments to major deals, quarterly earnings, order wins, appointments, and fundraising, here’s a quick look at which stocks will be in focus in today's trade:Results TodaySiemens, Ansal Properties & Infrastructure, and Unistar Multimedia will announce their quarterly earnings on November 26.Quarterly EarningsACME Solar ...

Nifty Trade SetupThe Nifty 50 extended its strong northward journey for another session, posting a more than one percent rally on November 25 and entering the upper band of the Bollinger Bands, indicating a positive trend. The index may experience some volatility due to the F&O expiry week, but the overall trend now seems positive. It is likely to march towards the 24,400-24,500 range in the upcom...

Bulls maintained their control over Dalal Street for another session, driving the Nifty 50 higher by 1.3 percent on November 25, with a positive market breadth. About 1,783 shares gained on the NSE, compared to 744 declining shares. The momentum is expected to remain positive, but considering the 1,000-point rally over the last two sessions, some consolidation cannot be ruled out. Below are some t...

The BJP's resounding win in Maharashtra came as a glimmer of fresh air for the equity markets, shaking off the lull caused by muted Q2 earnings. The landslide victory not only ends years of political instability in India’s most industrialized state but also signals a continuation of BJP's policies, consolidating power between the center and state, as noted by MOFSL.In the stock market, public se...