Lenskart has emerged from challenger to market leader, with Nomura initiating coverage with a ‘Buy’ ratin ...More

Lenskart has emerged from challenger to market leader, with Nomura initiating coverage with a ‘Buy’ rating and Rs 888 target, implying around 40% upside. The brokerage sees a long growth runway driven by store expansion, strong market positioning, vertical integration and a cost advantage, while MSCI inclusion could also attract passive inflows. ...Less

Lenskart Solutions shares fell 3% after Alpha Wave Ventures sold up to 2.1 crore shares, or a 1.2% stake, ...More

Lenskart Solutions shares fell 3% after Alpha Wave Ventures sold up to 2.1 crore shares, or a 1.2% stake, worth Rs 1,313 crore through a block deal. The transaction comes days after SoftBank sold a 2.6% stake worth about Rs 2,888 crore in the eyewear retailer. Spark Institutional Equities and Kotak Securities are handling the Alpha Wave transaction. ...Less

Lenskart Solutions experienced institutional transactions totaling Rs 1,857 crore on August 28. Numerous ...More

Lenskart Solutions experienced institutional transactions totaling Rs 1,857 crore on August 28. Numerous domestic and global investors purchased shares at Rs 630 apiece from sellers. The company's shares closed at Rs 636.15 on the NSE, down slightly from the previous day. Lenskart's stock has gained 45.06% year-to-date in 2026. The eyewear company debuted on the stock market in November 2025. ...Less

Alpha Wave Ventures II plans to sell up to 20.8 million Lenskart shares worth ₹1,313 crore at ₹630 apiece ...More

Alpha Wave Ventures II plans to sell up to 20.8 million Lenskart shares worth ₹1,313 crore at ₹630 apiece, a 1.7% discount. The secondary transaction represents about 1.2% stake, with Lenskart receiving no proceeds from the sale. ...Less

Lenskart’s IPO valuation drew sharp criticism from investors, with its 230x P/E and 10.5x sales multiples ...More

Lenskart’s IPO valuation drew sharp criticism from investors, with its 230x P/E and 10.5x sales multiples sparking comparisons with expensive listings such as Mamaearth, Paytm and Nykaa. Retail investors mocked the Rs 70,000-crore valuation on social media, questioning whether the eyewear company offered enough upside. Less than a year later, the debate over Lenskart’s valuation has taken a new turn. ...Less

On Monday, Lenskart Solutions witnessed a noteworthy block deal, with speculation surrounding the SoftBan ...More

On Monday, Lenskart Solutions witnessed a noteworthy block deal, with speculation surrounding the SoftBank Vision Fund's possible share divestment. The company's impressive first-quarter results for FY27 showcased net profit soaring by 182.3% and a robust year-on-year revenue increase of 33.6%. Furthermore, enhanced product and EBITDA margins highlighted operational efficiencies. Brokerages, including Jefferies and Goldman Sachs, continue to express optimism regarding Lenskart's stock performance. ...Less

This is SoftBank’s second large block sale in Lenskart since the six-month lock-in for pre-IPO investors ...More

This is SoftBank’s second large block sale in Lenskart since the six-month lock-in for pre-IPO investors expired in May. In June, it sold a 3.25% stake for Rs 2,873 crore at Rs 508.55 per share. It had earlier sold shares worth Rs 1,026 crore through Lenskart’s November 2025 IPO. ...Less

On Thursday, Indian markets faced downward pressure as they wrapped up trading lower amid mixed signals f ...More

On Thursday, Indian markets faced downward pressure as they wrapped up trading lower amid mixed signals from global economies. Notably, Wipro's stock saw gains following its expanded partnership with Google Cloud aimed at enhancing AI implementation. Meanwhile, Lenskart's current investor is set to sell shares worth up to Rs 1,313 crore. ...Less

SoftBank Group has sold a 2.6% stake in Lenskart for Rs 2,888 crore. This transaction reduced SoftBank's ...More

SoftBank Group has sold a 2.6% stake in Lenskart for Rs 2,888 crore. This transaction reduced SoftBank's holding to 7.28% from 9.86%. Abu Dhabi Investment Authority's Platinum Jasmine Trust remains Lenskart's largest public shareholder. Many institutional investors, both domestic and foreign, participated in the block deal. Lenskart Solutions shares closed slightly lower on the BSE after the transaction. ...Less

The day has arrived! The elite jury of The Economic Times Startup Awards 2026 will convene in Bengaluru t ...More

The day has arrived! The elite jury of The Economic Times Startup Awards 2026 will convene in Bengaluru today to select the brightest stars in India’s startup galaxy. This and more in today’s ETtech Morning Dispatch. ...Less

India's direct-to-consumer sector is maturing, with investors becoming more selective. Funding has shifte ...More

India's direct-to-consumer sector is maturing, with investors becoming more selective. Funding has shifted towards younger companies and early-stage ventures. Established brands like Lenskart and Licious continue to lead in funding. The stock market and acquisitions by large firms are now key exit routes. ...Less

A rush of block deals in newly listed Indian startups is putting private-market valuations to the test. E ...More

A rush of block deals in newly listed Indian startups is putting private-market valuations to the test. Early investors in Groww and Meesho have made standout returns, while late-stage investments have delivered mixed outcomes. As IPO lock-ins expire, public-market price discovery is showing which private valuations hold up and how investors are cashing out. ...Less

On Monday, shares of the Adani group experienced notable downward pressure, with Adani Enterprises declin ...More

On Monday, shares of the Adani group experienced notable downward pressure, with Adani Enterprises declining by nearly eight percent amid overall market instability. The recent alterations in MSCI Global Standard Indexes were implemented at the end of August, affecting several Adani firms through index rebalancing and fund reallocations. This situation added to the volatility observed throughout the trading day. ...Less

Overseas investors continued buying Indian equities for five straight fortnights. They invested over thir ...More

Overseas investors continued buying Indian equities for five straight fortnights. They invested over thirteen thousand crore rupees in the latter half of August. Consumer services, financials, and healthcare sectors received significant foreign portfolio inflows. Capital goods also saw renewed investor interest after previous outflows. Oil, gas, and consumable fuels experienced the largest foreign investment outflows. ...Less

Indian markets fell as rising US bond yields, hawkish Fed signals, renewed US-Iran tensions and crude abo ...More

Indian markets fell as rising US bond yields, hawkish Fed signals, renewed US-Iran tensions and crude above $90 pressured sentiment, while broader indices declined and technical indicators pointed to continued near-term volatility. ...Less

The PM-SETU scheme will follow a hub-and-spoke model, with four ITIs attached to each of 12 hubs. One hub ...More

The PM-SETU scheme will follow a hub-and-spoke model, with four ITIs attached to each of 12 hubs. One hub each has been selected in Bengaluru Urban and Kalaburagi districts. ...Less

MSCI’s latest rebalancing is set to drive heightened trading activity in several Indian stocks on Monday, ...More

MSCI’s latest rebalancing is set to drive heightened trading activity in several Indian stocks on Monday, with revised weights taking effect from September 1. The final 30 minutes of Monday’s session could see significant activity as investors adjust positions. According to Nuvama Alternative and Quantitative Research, the changes include index additions and exclusions, along with weight revisions across several stocks. ...Less

Indian equity markets closed higher on Friday, ending a losing streak with IT stock gains. HDFC Bank's CE ...More

Indian equity markets closed higher on Friday, ending a losing streak with IT stock gains. HDFC Bank's CEO will not seek reappointment, while Mahindra & Mahindra expanded its EV battery service. Ola Electric received incentives, and Knowledge Realty Trust saw an offer for sale launch. NBCC signed an infrastructure project deal with NHPC, and KP Green Engineering secured new orders. ...Less

MSCI index rebalancing on Monday saw sharp stock swings in the final minutes. Global funds adjusted holdi ...More

MSCI index rebalancing on Monday saw sharp stock swings in the final minutes. Global funds adjusted holdings, impacting several stocks significantly during the new Closing Auction System. The Closing Auction Session accounted for a substantial portion of the day's total cash market turnover. Some large-cap stocks experienced unexpected declines without clear fundamental reasons. Traders and investors are now adapting to the new dynamics introduced by the auction system. ...Less

Block and bulk trades worth at least ₹80,000 crore were executed during the month - the highest since Jun ...More

Block and bulk trades worth at least ₹80,000 crore were executed during the month - the highest since June 2025. Domestic mutual funds, insurance companies, pension funds, and a clutch of foreign institutions lapped up the increased supply of shares in the market. ...Less

Indian midcap and smallcap indices are near record highs currently. A few select stocks are driving most ...More

Indian midcap and smallcap indices are near record highs currently. A few select stocks are driving most of these significant gains. This concentration indicates a selective rally rather than broad market health. Analysts suggest earnings growth and sector rotation are fueling this trend. Investors should focus on balance-sheet strength and selective stock picking. ...Less

The stock market saw marked declines on Monday, particularly among smallcap and midcap shares. Persistent ...More

The stock market saw marked declines on Monday, particularly among smallcap and midcap shares. Persistent Systems and National Aluminium Company experienced prominent losses, contributing to the negative performance of the Nifty Midcap 100 and Smallcap 100 indices. Influenced by the Federal Reserve's remarks and increasing oil prices, investors are pivoting to prioritize growth opportunities over traditional value stocks. ...Less

Under Sebi's T+1 settlement cycle, investors need to purchase a company's shares at least one trading day ...More

Under Sebi's T+1 settlement cycle, investors need to purchase a company's shares at least one trading day before the record date to ensure the shares are credited to their demat accounts in time, and they become eligible for the corporate action. Accordingly, today is the last opportunity for investors to buy the shares so that they are credited to their accounts by the record date (September 2), making them eligible for the dividend. ...Less

Happy Friday! Block deals are putting startups’ private valuations to the test. This and more in today’s ...More

Happy Friday! Block deals are putting startups’ private valuations to the test. This and more in today’s ETtech Morning Dispatch. ...Less

Five BSE 200 stocks hit fresh 52-week highs despite a weak market, led by Lenskart, Coforge, Oracle Finan ...More

Five BSE 200 stocks hit fresh 52-week highs despite a weak market, led by Lenskart, Coforge, Oracle Financial Services Software, Aurobindo Pharma and Bajaj Auto. ...Less

Transformers and Rectifiers shares rallied on Monday after the company secured a large order from MEIL fo ...More

Transformers and Rectifiers shares rallied on Monday after the company secured a large order from MEIL for manufacturing transformers and related work. Valued at Rs 100 crore to Rs 500 crore, excluding GST, the order is scheduled for execution over 35 months and is expected to strengthen the company’s order pipeline. ...Less

The elite jury was chaired by Wipro executive chairman Rishad Premji. The 11-member panel deliberated for ...More

The elite jury was chaired by Wipro executive chairman Rishad Premji. The 11-member panel deliberated for nearly three hours on Tuesday to pick winners in eight categories. ...Less

WestBridge began monetising its holding in PhysicsWallah as the stock recovered from its post-listing low ...More

WestBridge began monetising its holding in PhysicsWallah as the stock recovered from its post-listing lows. It is likely to continue trimming its stake in the current quarter, people aware of the matter told ET. ...Less

Sebi has dropped proceedings against Max Financial and its associates. Allegations of disclosure lapses a ...More

Sebi has dropped proceedings against Max Financial and its associates. Allegations of disclosure lapses and a fraudulent scheme were not proven. The market regulator cleared Max Financial founder Analjit Singh and executives. Sebi investigated transactions between Max Financial, Max Life, and Axis entities. The regulator found no evidence of a fraudulent scheme benefiting Axis. ...Less

The Sensex fell 172 points on Monday, but four BSE 200 stocks bucked the broader market weakness to hit f ...More

The Sensex fell 172 points on Monday, but four BSE 200 stocks bucked the broader market weakness to hit fresh 52-week highs. Lenskart Solutions, Siemens, AU Small Finance Bank and United Spirits showed strong investor interest and recent gains. ...Less

This Monday marks a critical juncture for India's new closing auction system, as it gears up to manage an ...More

This Monday marks a critical juncture for India's new closing auction system, as it gears up to manage an influx of billions in passive fund trades. The quarterly MSCI index rebalancing is expected to catalyze heightened trading volume, putting the system’s reliability under scrutiny. Both market participants and regulators are keenly awaiting how smoothly it addresses large institutional orders in this high-stakes environment. ...Less

Lenskart’s strong Q1 FY27 performance, marked by sharp profit growth, revenue expansion and improving mar ...More

Lenskart’s strong Q1 FY27 performance, marked by sharp profit growth, revenue expansion and improving margins, has strengthened the bullish case among brokerages. Jefferies sees further potential from international growth, premiumisation, store expansion and Meller, which it believes could become a major global brand. ...Less

It is rare for bulls and bears to agree on anything. At this juncture, however, they seem to agree on one ...More

It is rare for bulls and bears to agree on anything. At this juncture, however, they seem to agree on one point: That the Indian stock market is experiencing rather unconventional times. Why so? Because some of the best wealth-creating companies are quoting at valuations that are lower as compared to the past. At the same time, companies that have just got listed are quoting at valuations that are far above the conventional range. ...Less

Indian equities plunged nearly 1% before recovering, as escalating US-Iran tensions, soaring crude prices ...More

Indian equities plunged nearly 1% before recovering, as escalating US-Iran tensions, soaring crude prices and global bond stress battered sentiment. Sensex closed 374 points lower, while Nifty fell 141 points, with analysts warning of continued bearishness below 24,000. ...Less

Lenskart Solutions reported a 182.3% YoY jump in Q1 FY27 profit to Rs 228 crore, while revenue rose 33.6% ...More

Lenskart Solutions reported a 182.3% YoY jump in Q1 FY27 profit to Rs 228 crore, while revenue rose 33.6% to Rs 2,214 crore. EBITDA increased 61.3% to Rs 589 crore, with margins expanding and product margin crossing 70% for the first time. ...Less

Lenskart Share Price: Lenskart shares rose after Q1 FY27 profit surged 182% YoY to Rs 228 crore, while re ...More

Lenskart Share Price: Lenskart shares rose after Q1 FY27 profit surged 182% YoY to Rs 228 crore, while revenue grew 34% and EBITDA jumped 61%. Margins also improved sharply, with product margin crossing 70%. Jefferies, Morgan Stanley and Goldman Sachs remain positive, citing strong growth, margin expansion and premiumisation, with target prices implying up to 22% upside. ...Less

In August, both promoters and private equity funds collectively divested shares valued at nearly ₹58,000 ...More

In August, both promoters and private equity funds collectively divested shares valued at nearly ₹58,000 crore, marking a notable selloff as the stock market endeavored to rebound from recent downturns. The numbers revealed that private equity exits skyrocketed five times compared to previous months, achieving peak levels not seen since 2026. This influx of shares from promoters further heightened market liquidity concerns amid ongoing primary market activity. ...Less

Mutual funds have steadily raised their holdings in several large-cap stocks over the past two quarters, ...More

Mutual funds have steadily raised their holdings in several large-cap stocks over the past two quarters, with nine such stocks delivering 25-50% gains in CY26 so far. Data from ACE Equity shows that Adani Energy Solutions, Lenskart Solutions and ABB India led the pack, while Adani Power, Siemens, Bosch, Adani Green Energy, Billionbrains Garage Ventures and Titan Company also recorded strong gains alongside rising MF ownership. ...Less

With the win, Groww joins the likes of Urban Company, Lenskart, OfBusiness, Razorpay, Zomato, Zerodha, De ...More

With the win, Groww joins the likes of Urban Company, Lenskart, OfBusiness, Razorpay, Zomato, Zerodha, Delhivery, Swiggy, Oyo, Freshworks and Ola, all of which won the biggest honour over the 11-year history of the awards. ...Less

HDFC Bank shares fell to a fresh 52-week low after a US investor filed a securities fraud class-action la ...More

HDFC Bank shares fell to a fresh 52-week low after a US investor filed a securities fraud class-action lawsuit against the bank and two senior executives. HDFC Bank called the allegations meritless and said it would defend the case vigorously, adding to recent concerns weighing on the stock. ...Less

Rays of Belief, which operates under the Mom’s Belief brand, will open its IPO on September 1, with a pri ...More

Rays of Belief, which operates under the Mom’s Belief brand, will open its IPO on September 1, with a price band of Rs 227-239 per share. The Rs 125 crore issue comprises a fresh issue of 52.30 lakh shares and will close on September 3. The company plans to use the proceeds to expand its centre network across India. ...Less

Brokerages remain positive on select stocks, with Nomura upgrading Tata Motors’ commercial vehicle busine ...More

Brokerages remain positive on select stocks, with Nomura upgrading Tata Motors’ commercial vehicle business to Buy and Citi retaining a Neutral call on Lenskart despite a higher target price. Motilal Oswal also maintains a Buy rating on Hindustan Aeronautics, citing strong growth and execution prospects, while valuations remain a key consideration. ...Less

Groww won the top prize at the 12th edition of the Economic Times Startup Awards. The list of other winne ...More

Groww won the top prize at the 12th edition of the Economic Times Startup Awards. The list of other winners, and more, in today’s ETtech Top 5. ...Less

The Gurugram-based company’s net profit jumped 3.7 times during the quarter to Rs 228 crore, as operating ...More

The Gurugram-based company’s net profit jumped 3.7 times during the quarter to Rs 228 crore, as operating leverage kicked in across the business even as it faced cost pressures from its dependence on Chinese frame imports. ...Less

Four BSE 200 stocks—GlaxoSmithKline Pharmaceuticals, Lenskart Solutions, Bosch and Samvardhana Motherson ...More

Four BSE 200 stocks—GlaxoSmithKline Pharmaceuticals, Lenskart Solutions, Bosch and Samvardhana Motherson International—hit fresh 52-week highs despite Sensex weakness. The stocks gained 18%-24% over the past month, signalling strong investor interest and positive momentum. ...Less

Happy Thursday! Top entrepreneurs and business leaders came together in Bengaluru on August 25 to pick th ...More

Happy Thursday! Top entrepreneurs and business leaders came together in Bengaluru on August 25 to pick the winners of The Economic Times Startup Awards (ETSA) 2026. ...Less

Seven stocks from the BSE Consumer Discretionary Index hit fresh 52-week highs despite a largely flat Sen ...More

Seven stocks from the BSE Consumer Discretionary Index hit fresh 52-week highs despite a largely flat Sensex. Baazar Style Retail, Menon Bearings, Shanti Gold International, Lenskart Solutions and others recorded strong monthly gains, signalling sustained investor interest and improving sentiment across select consumer stocks. ...Less

The insights, derived from order items processed on the company's Uniware platform between August 6 and 1 ...More

The insights, derived from order items processed on the company's Uniware platform between August 6 and 14, also revealed a 30 per cent jump in total sales value, or gross merchandise value (GMV), compared to the same period in 2025. ...Less

India’s 50 listed, institutionally backed new-age companies are now worth $165 billion, but performance r ...More

India’s 50 listed, institutionally backed new-age companies are now worth $165 billion, but performance remains sharply divided. A growing listed universe is giving venture investors clearer exit routes and private companies more valuation benchmarks. Public-market discipline is also influencing late-stage funding and forcing companies such as PhonePe and Zepto to rethink IPO valuations. ...Less

Quant Mid Cap Fund exited Anthem Biosciences and Lenskart Solutions in July, while adding five new stocks ...More

Quant Mid Cap Fund exited Anthem Biosciences and Lenskart Solutions in July, while adding five new stocks including Cochin Shipyard, UPL and IPCA Laboratories. The fund also increased exposure to six stocks, including Adani Energy Solutions and Indus Towers. Its portfolio expanded to 23 stocks, with AUM at Rs 8,106 crore. ...Less

Lenskart posted a strong first quarter, with profit nearly quadrupling. This and more in today's ETtech T ...More

Lenskart posted a strong first quarter, with profit nearly quadrupling. This and more in today's ETtech Top 5. ...Less

The impressive earnings reported in the first quarter have led brokerages to unveil fresh stock-picking a ...More

The impressive earnings reported in the first quarter have led brokerages to unveil fresh stock-picking avenues. Investors are encouraged to seek out firms showcasing strong earnings and solid financial fundamentals. A collective effort from various brokerages has resulted in the identification of fifty prime stock options, covering diverse industries such as banking, automotive, and defense. The market is now pivoting towards an earnings-led cycle with an emphasis on quality companies. ...Less

Happy Thursday! Some of the best-received new-age IPOs are now trading below their issue price, ET analys ...More

Happy Thursday! Some of the best-received new-age IPOs are now trading below their issue price, ET analysis shows. This and more in today’s ETtech Morning Dispatch. ...Less

MCX is the sole stock held by six top-performing mid and small-cap mutual funds. Analysts at UBS see a re ...More

MCX is the sole stock held by six top-performing mid and small-cap mutual funds. Analysts at UBS see a re-rating opportunity, upgrading the stock to Buy. JPMorgan also upgraded MCX, citing potential growth catalysts from regulatory changes. Dolat Capital, however, flags regulatory and valuation risks for the commodity exchange. Investors will track revenue stability, commodity volatility, and foreign investor participation. ...Less

Five BSE Midcap stocks—KEI Industries, GSK Pharmaceuticals, Lenskart Solutions, Radico Khaitan and Ajanta ...More

Five BSE Midcap stocks—KEI Industries, GSK Pharmaceuticals, Lenskart Solutions, Radico Khaitan and Ajanta Pharma—hit fresh 52-week highs despite the Sensex falling 492 points. KEI led monthly gains at 18%, while GSK and Lenskart also advanced 17%, showing resilience amid market weakness. ...Less

MSCI announced changes to India indices, adding four stocks and removing three. India's weight in the MSC ...More

MSCI announced changes to India indices, adding four stocks and removing three. India's weight in the MSCI India Standard Index will rise slightly to 11.9 percent. Lenskart Solutions and Adani Energy Solutions are among the new inclusions. Astral and Balkrishna Industries will move to the Smallcap Index after exclusion. These changes will take effect on August 31, impacting fund flows. ...Less

Happy Tuesday! We are excited to bring you the 12th edition of The Economic Times Startup Awards (ETSA). ...More

Happy Tuesday! We are excited to bring you the 12th edition of The Economic Times Startup Awards (ETSA). In the run-up to the coveted honours, we are announcing the nominees for the Best on Campus and Comeback Kid categories for you today. ...Less

Happy Friday! We are excited to bring to you the 12th edition of The Economic Times Startup Awards (ETSA) ...More

Happy Friday! We are excited to bring to you the 12th edition of The Economic Times Startup Awards (ETSA). A few days before our esteemed jury convenes to pick the winners, we reveal nominees for the most coveted categories: Startup of the Year and Midas Touch for the best investor. ...Less

Indian equities snapped a seven-session losing streak as falling US bond yields, short-covering and stron ...More

Indian equities snapped a seven-session losing streak as falling US bond yields, short-covering and stronger sentiment lifted markets. Sensex surged 628 points and Nifty gained 154 points. Analysts remained cautious, citing elevated crude prices and geopolitical risks despite improving technical momentum. ...Less

The 12th edition of The Economic Times Startup Awards (ETSA) is approaching. Our esteemed jury will conve ...More

The 12th edition of The Economic Times Startup Awards (ETSA) is approaching. Our esteemed jury will convene in Bengaluru next week to pick the winners. Today, we revealed the most coveted categories of ETSA: Startup of the Year and Midas Touch, for the best investor. ...Less

July was a busy month for HDFC Mutual Fund, which ramped up its investments by increasing its stakes in a ...More

July was a busy month for HDFC Mutual Fund, which ramped up its investments by increasing its stakes in about 422 stocks. Simultaneously, the fund reduced its involvement in 164 stocks, affecting numerous prominent companies. They integrated five new stocks and fully exited from J.B. Chemicals and Nilkamal. HDFC Mutual Fund now manages a total of around 703 stocks, heavily weighted towards financial services. ...Less

Happy Thursday! The ETtech team has been preparing for the past few months to bring you the 12th edition ...More

Happy Thursday! The ETtech team has been preparing for the past few months to bring you the 12th edition of The Economic Times Startup Awards (ETSA). Today, we are unveiling the nominees for two more categories: Woman Ahead and Social Enterprise. ...Less

Indian equity markets saw a decline on Wednesday, influenced by Middle East tensions and rising oil price ...More

Indian equity markets saw a decline on Wednesday, influenced by Middle East tensions and rising oil prices. Several companies will be in focus today due to corporate developments and first-quarter earnings reports. UltraTech Cement shares are set for a block deal, while Apollo Hospitals reported strong profit growth. Lenskart Solutions and Astral also announced significant profit increases for the first quarter. ...Less

Sensex gained 114 points while Nifty fell over 40 points on expiry day, reflecting divergent benchmark mo ...More

Sensex gained 114 points while Nifty fell over 40 points on expiry day, reflecting divergent benchmark moves. Softer inflation supported sentiment, but elevated crude prices and geopolitical risks kept investors cautious, with Nifty remaining rangebound between key technical levels. ...Less

Adani Energy Solutions shares gained 2% after the company acquired Vizag Power Transmission from REC Powe ...More

Adani Energy Solutions shares gained 2% after the company acquired Vizag Power Transmission from REC Power Development and Consultancy. The acquisition is aimed at facilitating power integration for proposed green hydrogen and green ammonia projects in Vizag. The development follows AESL’s win of an approximately Rs 8,500 crore transmission project in Andhra Pradesh. ...Less

Zaggle Prepaid Ocean Services shares hit the lower circuit after the company reported a sharp year-on-yea ...More

Zaggle Prepaid Ocean Services shares hit the lower circuit after the company reported a sharp year-on-year decline in Q1FY27 profit, despite strong revenue growth. Margin pressure from Dice acquisition-related expenses weighed on earnings, while the company continues to focus on integrating acquisitions, scaling AI and expanding its fintech offerings. ...Less

Rishad Premji will helm a group of accomplished founders, business leaders and veteran entrepreneurs, who ...More

Rishad Premji will helm a group of accomplished founders, business leaders and veteran entrepreneurs, who have built and scaled some of India’s best-known new economy companies — in ecommerce, fintech and software products — weathered multiple cycles and successfully exited their businesses. ...Less

Happy Wednesday! India’s new-age companies are gaining ground in public markets as more startups go publi ...More

Happy Wednesday! India’s new-age companies are gaining ground in public markets as more startups go public. This and more in today’s ETtech Morning Dispatch. ...Less

Indian equities extended losses as fading Middle East peace hopes, elevated crude prices, rising US yield ...More

Indian equities extended losses as fading Middle East peace hopes, elevated crude prices, rising US yields and weak global cues intensified risk-off sentiment. Sensex fell 493 points and Nifty 133 points, while technical indicators pointed to further downside. ...Less

We’re back with the 12th edition of The Economic Times Startup Awards (ETSA). However hectic it gets for ...More

We’re back with the 12th edition of The Economic Times Startup Awards (ETSA). However hectic it gets for the ETtech team, the thrill of sifting through the best of Indian entrepreneurship makes up for every late night in the newsroom. ...Less

Indian equities extended losses, with Sensex falling 281 points and Nifty declining for a fifth session. ...More

Indian equities extended losses, with Sensex falling 281 points and Nifty declining for a fifth session. Analysts flagged crude prices, Strait of Hormuz tensions and Fed minutes as key drivers. Broader markets gained, while market breadth remained bearish with more declines than advances. ...Less

Nifty remains range-bound amid falling volatility, with 24,200–24,150 as key support and 24,550–24,600 as ...More

Nifty remains range-bound amid falling volatility, with 24,200–24,150 as key support and 24,550–24,600 as resistance. Options data shows strong Put writing, suggesting limited downside. Analysts prefer PSU banks, while defence, auto and chemicals remain technically strong. ...Less

Astral Ltd., Balkrishna Industries Ltd. and SBI Cards and Payment Services Ltd. will be removed from the ...More

Astral Ltd., Balkrishna Industries Ltd. and SBI Cards and Payment Services Ltd. will be removed from the MSCI India Index. Astral and Balkrishna Industries will, however, be moved to the MSCI India Smallcap Index. ...Less

Seven BSE 200 stocks hit fresh 52-week highs as the Sensex gained 113 points. Paytm led with a 19% monthl ...More

Seven BSE 200 stocks hit fresh 52-week highs as the Sensex gained 113 points. Paytm led with a 19% monthly rise, followed by Bosch, Lenskart Solutions, Aurobindo Pharma, Pidilite, Solar Industries India and Zydus Lifesciences. ...Less

Bitcoin hovered near $63,000 as weaker ETF demand and a cancelled SEC meeting weighed on crypto sentiment ...More

Bitcoin hovered near $63,000 as weaker ETF demand and a cancelled SEC meeting weighed on crypto sentiment. Bitcoin and Ethereum declined, while the global crypto market cap slipped 0.4%. Analysts cited subdued momentum, regulatory uncertainty and range-bound trading. ...Less

Monarch Mutual Fund has filed draft papers with Sebi for its maiden scheme, an overnight fund investing p ...More

Monarch Mutual Fund has filed draft papers with Sebi for its maiden scheme, an overnight fund investing primarily in one-day securities. The open-ended debt scheme targets low risk, high liquidity and overnight-rate-linked returns, with Sanjay Motta as fund manager. ...Less

In August, Axis Direct introduces 44 stock recommendations, advocating a buy-on-dips approach. The bankin ...More

In August, Axis Direct introduces 44 stock recommendations, advocating a buy-on-dips approach. The banking, capital goods, and realty sectors exhibit promising technical patterns for investors. Additionally, consumer durables, healthcare, power, and auto sectors are projected to perform well. However, a selective caution is suggested for FMCG, metals, and oil & gas stocks as the brokerage predicts sustained momentum across various key market areas. ...Less

If you are bothered about the uncertainties and volatility in the market, you can consider investing in a ...More

If you are bothered about the uncertainties and volatility in the market, you can consider investing in aggressive hybrid mutual funds. Mutual fund advisors typically recommend aggressive hybrid fund schemes to ‘conservative’ equity investors to create wealth to achieve their long-term financial goals. ...Less

The current setup still appears more constructive than outright bearish in the case of BankNifty. The ind ...More

The current setup still appears more constructive than outright bearish in the case of BankNifty. The index is approaching a rising trendline support, while the narrowing trading range suggests volatility compression ahead of a potential breakout move. The key concern remains the lack of participation from heavyweight constituents such as HDFC Bank and SBI, which has limited upside momentum and prevented banking from reclaiming market leadership. ...Less

Mutual funds bought Rs 15,900 crore of stocks in July while FIIs sold Rs 11,000 crore. Axis Bank, INDO-MI ...More

Mutual funds bought Rs 15,900 crore of stocks in July while FIIs sold Rs 11,000 crore. Axis Bank, INDO-MIM and Kotak Mahindra Bank saw major buying, while ICICI Bank, Eternal and Reliance Industries faced selling. Buying remained strong across large, mid and smallcap segments, reflecting active portfolio repositioning by fund managers. ...Less

Pilani Investment plans to sell 1.7 million UltraTech Cement shares valued at ₹1,908 crore on August 13, ...More

Pilani Investment plans to sell 1.7 million UltraTech Cement shares valued at ₹1,908 crore on August 13, 2026, at a 3% discount. Separately, UltraTech Cement is acquiring a 26% stake in Solaris Horizon Energy to support its green energy initiatives. ...Less

Seven of 17 new-economy stocks that debuted at a premium to their issue prices now trade below them, an E ...More

Seven of 17 new-economy stocks that debuted at a premium to their issue prices now trade below them, an ET analysis of 27 companies showed. Four of the seven stocks that opened below their issue prices have since moved above them. The remaining three opened at their issue prices. ...Less

The ITI Multi Asset Allocation Fund has launched its subscription phase, presenting an option for diversi ...More

The ITI Multi Asset Allocation Fund has launched its subscription phase, presenting an option for diversified investments. However, this fund arrives in a sector that’s currently facing diminished investor enthusiasm. Financial analysts urge potential investors to approach new fund offers with caution unless exceptional opportunities arise. Multi-asset funds are designed to spread risk and yield across different asset classes, prompting investors to assess their portfolios thoroughly before making additions. ...Less

Around 12 equity mutual funds delivered over 40% returns since August 15, 2025, led by international and ...More

Around 12 equity mutual funds delivered over 40% returns since August 15, 2025, led by international and thematic funds. Nippon India Taiwan Equity Fund topped the list with 140.91%, while several domestic diversified funds posted more moderate gains. ...Less

Jefferies' Christopher Wood is reshuffling his India long-only model portfolio, dropping HDFC Bank and PB ...More

Jefferies' Christopher Wood is reshuffling his India long-only model portfolio, dropping HDFC Bank and PB Fintech's PolicyBazaar in favor of Multi Commodity Exchange of India (MCX) and eyewear retailer Lenskart Solutions. The move, detailed in his GREED & fear report, signals a shift toward exchange infrastructure and consumer retail plays. ...Less

The Indian equity markets concluded the trading session on a low note, as escalating crude oil prices wei ...More

The Indian equity markets concluded the trading session on a low note, as escalating crude oil prices weighed heavily on worldwide market sentiment. Notable developments included Larsen & Toubro's announcement of a strategic business transfer for its data center services. Focus will also be on firms like Tata Motors and Hindustan Aeronautics. ...Less

Indian stock markets opened muted this week as global worries tempered investor sentiment. Strong first-q ...More

Indian stock markets opened muted this week as global worries tempered investor sentiment. Strong first-quarter earnings provided some support, offsetting geopolitical tensions. Analysts noted softer US jobs data, shifting focus to inflation readings for rate direction. ...Less

Goldman Sachs expects the Nifty 50 to rebound to 26,500 by June 2027, above its current record high, as I ...More

Goldman Sachs expects the Nifty 50 to rebound to 26,500 by June 2027, above its current record high, as India’s macro backdrop improves. Lower commodity prices, a stable currency, resilient domestic growth and better earnings prospects are supporting its bullish view. The brokerage expects a shift towards value stocks, with large caps and banks benefiting as foreign outflows reverse. ...Less

Zoom views India as a vital market due to its large talent pool and innovation. The company is expanding ...More

Zoom views India as a vital market due to its large talent pool and innovation. The company is expanding its services and AI adoption within the country. Zoom has established technology and data centers in India to support its operations. They are investing in Zoom Phone and Contact Center solutions for local businesses. Zoom is committed to supporting local languages and regulatory compliance in India. ...Less

This week, 573 companies will announce their June quarter results, featuring prominent firms. Bharti Airt ...More

This week, 573 companies will announce their June quarter results, featuring prominent firms. Bharti Airtel and Nykaa are among those reporting earnings on Tuesday. Trent and Hero MotoCorp will release their quarterly figures on Thursday. State Bank of India and Titan Company are scheduled for Friday announcements. The earnings cycle concludes Saturday with Anant Raj's results. ...Less

Lenskart's founder stated going public brings responsibility but not a change in company direction. The e ...More

Lenskart's founder stated going public brings responsibility but not a change in company direction. The eyewear retailer opened many new stores, funded by operating cash flows. Lenskart's model is now reaching deeper into the country, serving more people. The company reported significant operating revenue growth and increased net profit for fiscal 2026. This expansion demonstrates the large opportunity still available in the vision care market. ...Less

The price of crude oil is down again despite the escalating tensions in the Gulf region. That augurs well ...More

The price of crude oil is down again despite the escalating tensions in the Gulf region. That augurs well for markets. This does not mean that corrections will not happen; they will. But, largely, they will have a lesser probability of turning into a secular bearish trend as has happened in the past. Mind you, we are using the word probability. Why? ...Less

Only 23 companies raised $2.3 billion through IPOs during the period, compared with a record 105 issues t ...More

Only 23 companies raised $2.3 billion through IPOs during the period, compared with a record 105 issues that raised $18.7 billion in 2025. Even during last year’s boom, offer-for-sale components—through which existing shareholders sell stock—accounted for 64% of IPO proceeds. ...Less

Deepinder Goyal’s Temple is raising funds and will soon begin shipping its wearable device. This and more ...More

Deepinder Goyal’s Temple is raising funds and will soon begin shipping its wearable device. This and more in today’s ETtech Top 5. ...Less

MSCI’s August India Standard Index review could trigger major passive inflows, with Eternal expected to a ...More

MSCI’s August India Standard Index review could trigger major passive inflows, with Eternal expected to attract the highest at $648 million, according to Nuvama. The brokerage sees Laurus Labs, Adani Energy Solutions, Lenskart and Groww among likely inclusions, while Balkrishna Industries, SBI Cards and Astral face potential exclusions. ...Less

Seven BSE 150 MidCap stocks scaled fresh 52-week highs as Sensex surged 776 points in a broad-based rally ...More

Seven BSE 150 MidCap stocks scaled fresh 52-week highs as Sensex surged 776 points in a broad-based rally. Lloyds Metals & Energy, Laurus Labs and Gujarat Fluorochemicals led the list, reflecting strong buying interest, positive momentum and improving investor confidence. ...Less

Indian markets snapped a five-session losing streak as easing Iran-US tensions, lower crude prices and up ...More

Indian markets snapped a five-session losing streak as easing Iran-US tensions, lower crude prices and upbeat earnings lifted sentiment. Sensex climbed 776 points and Nifty reclaimed 23,996, with analysts eyeing 24,250–24,300 if the index sustains above the 24,000 mark. ...Less

The noise levels are currently high in the markets. And, at this point of time, it seems there is literal ...More

The noise levels are currently high in the markets. And, at this point of time, it seems there is literally nothing positive about them. From crude prices, to tariffs, to the monsoon – everything appears gloomy. These are not perfect conditions to buy stocks; but then, in perfect conditions, stocks also tend to be more expensive. So, pick between perfect conditions and good stock prices. If you are someone who sees this as an opportunity, the obvious question is: Which stocks? You will make the right decision if you look at businesses rather than at stock prices. ...Less

The sale was done on July 10 through open market transactions, taking Temasek's stake in Lenskart down to ...More

The sale was done on July 10 through open market transactions, taking Temasek's stake in Lenskart down to 4.75% from 6.8% earlier. On July 10, Lenskart's stock closed at Rs 543.65 on the National Stock Exchange. ...Less