Nifty50 set to see bumper 2026? Goldman Sachs raises Indian equities to ‘overweight’; Nifty target set at 29,000 for 2026-end

India’s share valuations continue to remain elevated despite the underperformance. (AI image) Expressing confidence in the Indian stock markets, Goldman Sachs has raised its rating to ‘overweight’ and set a 29,000 level target for Nifty50 by end-2026. The latest Goldman Sachs report suggests a potential increase of approximately 14% from Friday’s close of 25,492.The firm…

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ED raids I-PAC: Mamata reaches chief’s house, hits out at Amit Shah; asks ‘Is this home minister’s job?’ | India News

NEW DELHI: West Bengal chief minister Mamata Banerjee on Thursday accused the Centre of holding political vendetta, alleging that central agencies were being misused ahead of elections, after the Enforcement Directorate carried out searches at various locations, including the residence of IPAC chief Pratik Jain.Reacting sharply to the action, Banerjee questioned the role of the…

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US labour market holds firm: Jobless claims fall to 216,000; layoffs stay low despite corporate cuts

Fewer Americans applied for unemployment benefits last week, signalling continued stability in the labour market even as several large companies announced job cuts. According to AP, jobless claims fell by 6,000 to 216,000 in the week ending November 22, undershooting economists’ expectations of 230,000.Applications for unemployment aid — a key proxy for layoffs — remain…

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‘Phenomenally stupid’: Zerodha CEO Kamath sounds alarm on retail investors chasing pre-IPO gains; what he said

Zerodha founder and CEO Nithin Kamath cautioned retail investors against blindly chasing opportunities in India’s unlisted market, which is currently experiencing a surge in speculative activity. In a post on X Friday, Kamath said the ongoing IPO boom has fueled what he described as “phenomenally stupid” behaviour, with buyers eagerly seeking pre-IPO shares in hopes…

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Salim Khan health update: Salman Khan and family displeased after hospital shares update on Salim Khan’s health: Report |

The Khan family has expressed strong displeasure after a medical update about Salim Khan was shared publicly. Reports indicate that Salman Khan and his family were unhappy with the hospital’s decision to comment on the veteran screenwriter’s condition, and have since instructed authorities to maintain complete confidentiality.Salim Khan was admitted to Mumbai’s Lilavati Hospital on…

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