Analysts from Nirmal Bang Securities said that interesting observation is that the SRF’s price is currently trading above the long term average 50DMA -200DMA which is a bullish signal.

ITC, Nykaa, SRF, Jubilant Foods: Trading views on these buzzing stocks

Experts advised investors to exercise caution amid market instability. Nifty’s potential downturn was linked to maintaining positions below 24,800 and VIX levels. Key stocks such as Nykaa, HDFC Bank, and Sun Pharma were highlighted. Important support and resistance levels were noted for Nifty, indicating potential market movements and recommended buying strategies.

Avoid aggressive bets as markets may see volatility spike

Indian benchmark indices fell on Friday, dragged by metals and IT stocks, following a sell-off in global markets after weaker-than-expected U.S. data raised concerns of an economic slowdown. Despite the downturn, seven large and midcap stocks from the Nifty200 index reached new 52-week highs during the trading session. Here’s the list: Top Scorers

Zomato, Nykaa among 7 large and midcap stocks that hit new 52-week highs on Friday - Top Scorers

The health & nutraceuticals segment grew 78%, FMCG and agriculture 48% and beauty and personal care grew 21%. Major rival Flipkart had its Greatest of All Time (GOAT) sales from July 20 to July 25, while fashion and beauty marketplace Nykaa had its Hot Pink Sale between July 19 and July 28.

Ecommerce sales up 19% YoY in mid-year sales week of July 19-25

Shares of CAMS, Fine Organic Industries, Nykaa, Jindal Saw, Nuvama Wealth Management, Deepak Fertilisers, and Apar Industries among others witnessed strong buying interest from market participants as they scaled their fresh 52-week highs, signaling bullish sentiment.

Ahead of Market: 10 things that will decide stock action on Wednesday

Stock Market Updates LIVE: Indian equity indices may see a flat to positive start today, guided by mixed global cues.

Sensex, Nifty Scale Fresh Peaks, End Marginally Higher; Nykaa Jumps 9% - News18

It is recommended to ‘buy’ Nykaa stocks within the price range of Rs 180 to Rs 185

Nykaa, SBI Card: Top stock picks by Jigar Patel of Anand Rathi for July 25

The Prime Ministers package of five schemes and initiatives to accelerate employment, skill development and other opportunities for 41 million youth over the next five years with a central outlay of Rs 2 lakh crore has the potential to increase households’ purchasing power.

ETtech Opinion | Budget ringfences India growth story: Nykaa CEO Falguni Nayar

The beauty and fashion retail brand is looking to expand globally and has announced investment plans through its wholly-owned subsidiary FSN International. The board of directors of Nykaa has approved and authorised the issuance of up to 12,500 NCDs with a face value of Rs 1,00,000 each to raise Rs 125 crore on a private placement basis, the filing showed.

Nykaa arm to raise Rs 125 crore through NCDs

BEAUTY&YOU India, by Estée Lauder and NYKAA, boosts India-focused beauty brands. Apply until August 29, 2024, for a $500k pool, mentorship, and bootcamp with Falguni Nayar, Sabyasachi Mukherjee, and Rohan Vaziralli. Winners announced November 16, Goa. Judges include Shana Randhava, Anchit Nayar, Katrina Kaif. Categories: IMAGINE, GROW, CREATE. Details at beautyandyouawards.com.

Introducing BEAUTY&YOU India 2024: Fueling Innovation in the Indian Beauty Landscape

New Delhi [India], July 18: Ready, set, shop ’til you drop! Nykaa’s legendary Hot Pink Sale is back and it’s better than ever! Whether you’re a skincare connoisseur, makeup maestro, haircare enthusiast, trendsetter, or fashionista, Nykaa’s Hot Pink Sale is your one-stop-shop for everything fabulous!

Nykaa Hot Pink Sale is here, spilling the tea on the hottest deals!

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Average profitability - not good, not bad

Profitability

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

FSN E-Commerce Ventures Limited is engaged in the business of manufacturing, selling and distribution of beauty, wellness, fitness, personal care, health care, skin care, hair care products, fashion garments, fashion accessories and equipment