On August 6, four Nifty500 stocks that gained over 4% were highlighted in the RSI Trending Up scan, based on data from StockEdge.com. An uptrend signal is generated when the RSI value crosses above 50 from below, indicating strengthening price momentum and potential buying opportunities for traders.
Fusion Klassroom Edutech will list on the BSE SME platform today, August 7. The Rs 39.04-crore IPO was subscribed 1.50 times overall, with shares commanding a flat grey market premium (GMP ahead of debut, pointing towards a muted listing despite strong 162% YoY profit growth in FY26.
The Rs 251.88 crore Technocraft Ventures IPO opens for subscription today, August 7, with a price band of Rs 200-Rs 212 per share. Backed by a 54% jump in FY26 net profit and an 8% grey market premium, brokerage Anand Rathi has given it a 'Subscribe - Long Term' rating.
Swiggy's Instamart is targeting an impressive ₹60,000 crore in annualised net order value to achieve profitability. To reach this goal, the platform must double its current orders and enhance contribution margins significantly. This means Instamart should aim to garner an additional ₹30 per order through various optimizations. However, the competitive advantage of Blinkit's size and profitability poses a formidable challenge amid the ongoing balancing act of growth and economic recovery.
What is particularly encouraging is the shift in customer priorities. Enterprises are moving beyond automating individual processes and are looking to embed AI across core business operations to improve productivity, decision-making, customer experience, and operational resilience.
We have collated a list of recommendations from top brokerage firms from ETNow and other sources.
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