Brokerage sentiment turned positive across several major companies, led by Jefferies initiating coverage on Lenskart with a buy rating and a ₹500 target. Highlighted its 5% market share, strong omni channel model and the potential for 50%+ adjusted EBITDA CAGR between FY25 and FY28. Nomura maintained a buy on M&M with a ₹4,355 t arget after the company unveiled its new XEV 9S electric SUV at an introductory ₹19.95 lakh, positioning it competitively in the premium EV segment.