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Kumar Gaurav is a business journalist driven by a profound passion for the economy, culture, and human rights. He covers market movements, IPOs, regulatory updates, and major developments in equity markets. Having earned a Master's degree in Journalism from the University of Delhi's Delhi School of Journalism, Kumar previously worked with ET Now and Financial Express, focusing on primary and secondary markets. His dedication lies in uncovering the connections between the markets and the human experience, offering a nuanced perspective on the world of business.
Kumar Gaurav is a business journalist driven by a profound passion for the economy, culture, and human rights. He covers market movements, IPOs, regulatory updates, and major developments in equity markets. Having earned a Master's degree in Journalism from the University of Delhi's Delhi School of Journalism, Kumar previously worked with ET Now and Financial Express, focusing on primary and secondary markets. His dedication lies in uncovering the connections between the markets and the human experience, offering a nuanced perspective on the world of business.
The sentiment was further supported by positive commentary from brokerages including MOFSL and Choice, who reaffirmed their 'Buy' ratings on Grasim Industries
Elara Capital downgraded Zee Entertainment Enterprises to Sell, while Motilal Oswal Financial Services retained Neutral amid weak ad demand and rising digital competition
The brokerage has, however, reaffirmed its 'Buy' rating on Eternal with a target price of ₹400 per share, and on Swiggy with a target price of ₹360 per share
An Electronic Gold Receipt (EGR) is a dematerialised instrument that represents ownership of physical gold held in a Sebi-regulated vault
Sentiment was further buoyed by bullish brokerage commentary, with Elara Capital and Motilal Oswal Financial Services retaining Buy calls on Gland Pharma, citing strong earnings
The brokerage raised its target price to ₹21,290 from ₹15,450 earlier, valuing the stock at 65x March FY28E earnings versus 55x earlier
The move, they believe, could create a more stable and transparent framework that encourages institutional participation, strengthens investor confidence, and supports innovation
Analysts believe OFSS's outperformance is underpinned by relatively sustainable revenue growth, sharp margin expansion, operating leverage, and AI-driven productivity gains
The investor sentiment was further bolstered by favourable commentary from brokerages, which expect the company to gain market share as the paint industry recovers in FY27
Brokerages tracked by Business Standard expect Tata Motors's passenger vehicle (PV) business to deliver a mixed performance in Q4FY26
Nifty IT index has fallen nearly 25 per cent year-to-date, compared with an 8.85 per cent decline in the benchmark Nifty50
Brokerages tracked by Business Standard expect a robust Q4FY26 performance, driven by stronger realisations and steady volumes
While describing midcaps as a stock-specific universe, analysts attributed the outperformance to healthy valuation normalisation in the segment over the past few quarters
The weak profitability trend weighed on sentiment, with ABB India shares slipping as much as 9.80 per cent to an intraday low of ₹6,325 on Monday.
JP Morgan India expect Titan to benefit from sector formalisation, innovation, expanding distribution, and resilient demand despite elevated gold prices
Stocks to Watch today, May 8, 2026: Britannia Industries, Hyundai Motor India, Bharat Forge, Hexaware Tech, and Titan Company are among the top stocks to watch today
The favourable results attracted bullish commentary from brokerages including Centrum Broking, and Antique Stock Broking, both of which retained their 'Buy' calls on the stock
Analysts at Choice Institutional Equities downgraded their rating to 'Add', citing limited upside from current levels, while those at JM Financial retained a 'Reduce' rating, citing rich valuations
Among sectoral names, analysts continue to prefer Mahindra & Mahindra due to its diversified earnings profile
Stocks to Watch today, May 7, 2026: Mahindra Lifespaces, Deepak Fertilizers, Newgen Software, and Pidilite Industries are among the top stocks to watch today