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Indian markets witnessed a volatile week. The Nifty slipped below 25,850 in the first half, reflecting early weakness. However, a sharp recovery on Wednesday, driven by fresh buying, took the index past 26,300. While the momentum cooled in the last two sessions, the Nifty still closed slightly higher, ending just above 26,200 with modest gains of around half a per cent.After nearly 14 months, the Nifty hit its new all-time high. Yet, the broader market remained in consolidation mode around the 26,300 level. Amid this backdrop, InCred Equities has rolled out its latest high conviction stock picks. We've compiled the top 10 names from the list, each offering meaningful upside with the top pick projecting up to a significant 188% potential gain
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The manufacturing purchasing managers' index (PMI) rose to 49.2 in November from 49.0 in October, the National Bureau of Statistics' survey showed on Sunday, remaining below the 50-point mark separating growth from contraction. It was in line with analysts' forecast of 49.2 in a Reuters poll.
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Lenskart's maiden quarterly results as a public entity reveal a robust 21% revenue surge to 2,096 crore and a 20% net profit jump to 103 crore. The eyewear giant, driven by technology and an omnichannel strategy, is poised for further growth, planning over 450 new stores this fiscal year and launching AI-powered smart glasses.
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China is at the forefront of a groundbreaking era, rapidly developing flying cars with factories already testing production methods aimed for delivery as soon as next year. This innovative leap is a natural extension of China's expertise in drones and electric vehicles, bolstered by robust government backing that accelerates the growth of the burgeoning 'low-altitude economy'.
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Airlines that said they had completed or nearly finished all their software updates on Saturday included American Airlines , United Airlines, Air India, Delta Air Lines , Hungary's Wizz Air, Mexico's Volaris , Air Arabia, Saudi Arabia's Flyadeal, and Taiwan's carriers. Many reported no impact on operations.
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