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Lenskart Solutions debuted on Indian bourses with a 1.7% discount to its IPO price, listing at 395 against 402. Despite a strong IPO subscription, analysts advised caution due to high valuations, recommending investors monitor profitability for 2-3 quarters before fresh purchases.
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News and Media
Indian stock markets saw a rebound on Monday, with IT stocks leading the gains. This recovery followed three days of losses. Analysts suggest the market may trade within a range due to a lack of new catalysts. Investors are shifting focus to IT stocks, finding them attractive. Foreign investors were net sellers, while domestic investors bought shares.
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News and Media
Global financial giants Goldman Sachs and HSBC are now optimistic about Indian stocks. They predict substantial gains by 2026. This positive outlook comes even as foreign investors have been selling shares. The analysts believe India has been oversold. Their calls offer a new perspective for investors considering the Indian market.
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News and Media
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