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Stock picks of the week: 4 stocks with consistent score improvement and upside potential of up to 28%
There are two factors that the Indian markets will have to deal with in the coming days. The first, of course, is the reignited US-Iran war (or failed ceasefire). If it continues, and oil inches higher and remains elevated, things might change. Then there is the second factor. Our selected stocks for today depict a strong upward trajectory in their overall average score which is based on five key pillars: Earnings, fundamentals, relative valuation, risk, and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.
Zepto IPO: Norges, Motilal Oswal among investors eyeing 40-45% of anchor book
Zepto’s proposed public listing is attracting interest from marquee global and domestic investors, even as the quick-commerce company heads to the markets at a valuation below its previous funding-round peak. The ₹11,000 crore issue could see the anchor portion account for as much as 45% of the total offering.
Kolte-Patil's Q1 sales stay flat at ₹617 crore; collections jump 30%, realisations rise
The real estate developer reported ₹617 crore in quarterly sales, while customer collections climbed 30% and average selling prices rose on stronger demand for Mumbai projects.
Why Wall Street could pay $100,000 a month to read Trump's posts a few seconds early
Trump Media's reported plan to charge up to $100,000 a month for faster access to Donald Trump's Truth Social posts may sound extravagant, but on Wall Street, a few seconds can be worth millions. Here's why hedge funds could view the service as an investment rather than an expense.
Reliance Retail Q1 revenue rises, but profit falls as e-commerce weighs
Reliance Retail's Q1 revenue rose 8.2% despite the FMCG demerger, while net profit fell 14.2% as e-commerce investments pressured margins. Reliance Consumer more than doubled revenue, driven by Campa and Independence, with rapid growth across grocery, electronics and digital commerce.
Power Grid to build transmission system for Rajasthan power station
The state-run company has won a project to install key equipment at Rajasthan's Fatehgarh-II power station to support the interstate electricity network.
JSW Steel’s profit doubles on revenue growth, beats estimates
JSW Steel's profit more than doubled year-on-year to Rs 4,696 crore in the June quarter. Robust revenue growth and lower finance costs aided the company's strong financial performance. Consolidated revenue from operations rose around ten percent on year to Rs 47,364 crore. Total expenses rose less than four percent on year, helping boost earnings. The company retained its capital expenditure guidance for the current year.
RIL Q1 Takeaways: What Mukesh Ambani said on Jio IPO and how Reliance Consumer doubled revenue
Reliance Industries highlighted strong consumer business momentum in Q1 FY27, with Jio Platforms advancing towards its IPO and Reliance Consumer more than doubling revenue. Campa and Independence drove growth, while Jio posted higher ARPU, subscriber additions and earnings, supporting long-term value creation.
Turtlemint FinTech posts first-ever quarterly net profit as revenue jumps 42%
Shares of Turtlemint Fintech Solutions Ltd ended at ₹135.90, down by ₹2.45, or 1.77%, on the BSE.
Apple surpasses Nvidia to become world's most valuable company
The change in rankings came after Nvidia shares fell about 3.5% during the session, while Apple stock traded flat to slightly higher.
DIIs invest nearly ₹9,809 crore this week as FIIs remain net sellers
Domestic institutional investors (DIIs) extended their buying streak to eight straight sessions on Friday, while foreign institutional investors (FIIs) remained net sellers for a fifth day, even as Indian benchmark indices rallied nearly 1% led by banking and IT stocks.
Binance marks nine years: 323 million users, $156 trillion traded, vision beyond crypto
From crypto exchange to multi-asset financial platform, Binance marks nine years of growth driven by its global community and sets its sights on three billion users
Reliance Retail Q1 Results: PAT drops 14% YoY to Rs 2,806 crore due to quick commerce spends; revenue up 7%
Reliance Retail Q1 Results: The company's EBITDA margin moderated 80 bps to 7.9% due to the growing contribution of digital commerce in revenue and associated infrastructure investments increasing fixed costs.
Reliance Industries Q1 Results: O2C business delivers four-year high EBITDA
Reliance Industries' oil-to-chemicals (O2C) business reported its highest quarterly EBITDA in four years, driven by a sharp recovery in transportation fuel cracks and stronger downstream chemical margins.
Binance stock trading reaches $1 billion AUM in 30 days – what it signals about demand for US equities
Binance says its stock trading platform surpassed $1 billion in AUM within 30 days, with emerging markets driving demand for easier access to US equities.
Reliance Retail Q1 revenue grows 7% to ₹90,409 crore
Reliance Retail delivered 7.4% revenue growth in Q1 FY27, while continuing to expand its store network and customer base.
Reliance Jio Q1 Results: IPO-bound telco’s net profit rises 9% YoY to Rs 7,764 crore; ARPU climbs to Rs 215.6
Reliance Jio Q1 Results: Average Revenue Per User (ARPU) stood at Rs 215.6 during the quarter under review, up from Rs 208.8 reported in the same period in the last fiscal year, and Rs 214 reported in Q4 FY26.
RIL Q1 Results: Jio ARPU rises to ₹215.6, subscriber base crosses 533 million; files DRHP for IPO
The company's subscriber base stood at 533.3 million, compared with 524.4 million in the previous quarter and 498.1 million a year earlier, with net additions of 8.9 million during the quarter and 35.2 million over the past year.
RIL Q1 Results: Profit falls 22% YoY to Rs 20,946 crore due to one-time exceptional item; revenue up 25%
RIL Q1 Results: Mukesh Ambani-led Reliance Industries Ltd (RIL) on Friday reported a 22% year-on-year (YoY) decline in its consolidated net profit at Rs 20,946 crore for the first quarter.
J&K Bank sells 0.5% stake in PNB MetLife for Rs 120 crore
Jammu and Kashmir Bank has sold a 0.5% stake in PNB MetLife India Insurance to MetLife International Holdings for Rs 120 crore. The transaction reduces the bank’s holding to 2.5% without changing control of the life insurance company.
GAIL ties up with KABIL to secure critical minerals for India's clean energy push
The two state-run companies will explore mining opportunities and technical collaboration to strengthen India's long-term supply of critical and strategic minerals.
MakeMyTrip files confidential papers for India IPO
The travel platform has confidentially filed draft IPO papers for its India business, with parent company MakeMyTrip and ibibo set to sell shares while retaining control after the listing.
Aditya Birla Capital invests ₹485 crore in Aditya Birla Sun Life Insurance on rights basis
Shares of Aditya Birla Capital Ltd ended at ₹401.75, up by ₹1.85, or 0.46%, on the BSE.
US stock futures fall as chip sell-off deepens; Nasdaq futures slide nearly 2%, Netflix tumbles
US stock futures fell Friday, led by tech and semiconductor shares, amid AI spending concerns. Nasdaq-100 futures dropped 1.9%, S&P 500 futures 0.9%. Netflix plunged over 10% on weak forecast.
Sebi warns listed firms, regulated entities against rising 'Boss Scam' cyber fraud
Markets regulator Sebi on Friday cautioned regulated entities and listed companies against an emerging cyber fraud known as the "Boss Scam", in which fraudsters impersonate chief executives or other senior officials to trick finance teams into transferring funds.
Tata Technologies Q1 profit rises 6% as revenue jumps 34%, expects double-digit revenue rise this year
The engineering services firm reported a 6% rise in June-quarter profit and a 34% jump in revenue, while management said strong deal activity and AI investments position it for double-digit organic growth in FY27.
Sebi warns listed firms, regulated entities against rising 'Boss Scam' cyber fraud
Sebi has issued a warning to all regulated entities regarding a rising cyber fraud known as the 'Boss Scam'. In this scheme, fraudsters masquerade as senior executives to deceive finance teams into executing fund transfers. The scam employs various channels such as email, WhatsApp, and even sophisticated AI tools like voice cloning to execute their tricks.
Tata Technologies Q1 Results: Profit rises 6% to Rs 180 crore
Tata Technologies has achieved an impressive 6.2 percent increase in profits for the June quarter, alongside a notable rise in consolidated revenues year-over-year. A strategic partnership worth USD 100 million with Tenneco showcases the company's dynamic approach. Furthermore, a leading Japanese automotive OEM has chosen Tata Technologies for a comprehensive vehicle engineering program, paving the way for robust future revenue growth.
SEBI extends SWP, STP facility to mutual fund units held in demat accounts
SEBI has allowed investors holding mutual fund units in demat form to create standing instructions for Systematic Withdrawal Plans (SWP) and Systematic Transfer Plans (STP), bringing a facility that was previously available only for non-demat holdings.
RailTel Corporation faces ₹60 crore arbitration claim from 3i Infotech over Wi-Fi project
Shares of Railtel Corporation of India Ltd ended at ₹298.70, down by ₹2.75, or 0.91%, on the BSE.
RBL Bank Q1 profit rises 27%, asset quality improves; CEO flags H1 credit card stress
RBL Bank reported a 27% rise in June-quarter profit, supported by higher net interest income and improving asset quality. Management, however, cautioned that the credit card portfolio will continue to see transitional stress in the first half of FY27.
Market wrap: Top gainers and losers on Nifty and Sensex today
Indian markets ended the week strongly as Sensex surged 964 points and Nifty gained 262 points, driven by robust Q1 earnings and IT buying. Analysts see improving momentum in large caps, with Nifty's breakout indicating potential upside towards 24,800 despite broader market weakness.
Federal Bank among 4 stocks that hit 52-week highs and rallied up to 25% in a month
On Friday, the benchmark Sensex ended 96 points higher at 78,151, while the broader market posted a modest gain. Amid the mixed market movement, four stocks from the BSE 200 index touched fresh 52-week highs, marking their strongest levels in the past year.A stock hitting a 52-week high is often considered a positive technical indicator, reflecting strong buying interest, improving investor sentiment, and potential momentum in the stock’s performance.
Apple just hit a record high. HSBC says it still has room to run
The investment bank upgraded the AI name to buy from hold. I also hiked its price target on shares to $366 from $260, suggesting 10% upside from Thursday's close.
Poonawalla Fincorp Q1 net profit jumps nearly 5x on higher NII, improved asset quality
Shares of Piramal Finance Ltd ended at ₹2,144.75, down by ₹40.00, or 1.83%, on the BSE.
Tatva Chintan Q1 profit more than doubles as revenue jumps 43%; approves ₹200 crore capacity expansion
The specialty chemicals maker reported strong growth in revenue and operating profit during the June quarter, while its board also cleared a ₹200 crore expansion at its Dahej manufacturing facility.
Neogen Chemicals gets ₹15 crore insurance payout for Dahej fire; total claim reaches ₹155 crore
Shares of Neogen Chemicals Ltd ended at ₹2,152.00, down by ₹170.35, or 7.34%, on the BSE.
Oberoi Realty Q1 Results: Profit jumps 29%, margin expands; declares dividend
Oberoi Realty reported a healthy June quarter, with profit rising 29% and revenue growing nearly 32% year-on-year as margins improved. The board also declared an interim dividend of ₹2 per share.
ITC Foods sees El Niño as next big risk for rural demand and food supplies
ITC Foods Divisional CEO Hemant Malik says current demand remains resilient, but a weak monsoon could disrupt agricultural supplies later this year. He also says India must move beyond commodity exports and build global food brands.
Navkar Corporation posts 6x jump in Q1 profit on 38% revenue growth, higher EBITDA
Shares of Navkar Corporation Ltd ended at ₹104.90, down by ₹11.40, or 9.80%, on the BSE.
BofA's Rahul Bajoria says erratic monsoon, crude, geopolitics pose risks to growth
Rahul Bajoria, Head-India & ASEAN Economic Research at Bofa Global Research expects the RBI to consider rate hikes later if inflation stays high, remains positive on gold and industrial metals, and says corporate earnings could improve in the second half if energy prices ease.
Rs 9,000 crore bet! Reliance Industries promoters increase stake by 0.5% in June quarter
Reliance Industries’ promoters increased their stake to 50.48% in the June quarter through market purchases worth an estimated Rs 8,500–9,000 crore. The move signals confidence despite the stock’s weak performance, earnings misses and challenges across retail and oil-to-chemicals businesses.
Global Market: Euro zone current account surplus widens in May; market impact likely limited
The euro zone's current account surplus increased in May, driven by stronger primary income. This rise offset a narrower trade surplus, according to European Central Bank data. On an unadjusted basis, a deficit was recorded for the month. Over twelve months, the surplus represented 1.7% of gross domestic product. Stock markets are not expected to react significantly to this data.
Hang Seng crashes over 2% as tech selloff hits Asia markets. Why Hong Kong stocks are falling on Friday?
Hong Kong's Hang Seng Index fell 2% by midday on Friday, weighed down by a global selloff in technology stocks as renewed inflation concerns dampened risk appetite. The Hang Seng Tech Index plunged 4%, with investors reducing exposure to technology and other growth stocks amid fears that higher inflation could lead to tighter monetary policy and higher interest rates.
JSW Steel Q1 Results: Net profit doubles to Rs 4,696 crore
JSW Steel has showcased impressive financial growth in the first quarter of the fiscal year, with its net profit skyrocketing to Rs 4,696 crore, a significant climb compared to previous figures. Total income surged to Rs 48,088 crore, a rise from Rs 43,497 crore last year. Additionally, crude steel production grew by three percent in the June quarter, as the company initiated a new steel plant project in Andhra Pradesh.
Market rally decoded: Banks, Tech Mahindra and Reliance fuel Sensex's 965-point jump
The BSE Sensex rose 965 points to close at 78,151, while the Nifty 50 advanced 262 points, or about 1%, to settle at 24,334.
JSW Steel to participate in JSW One Platforms IPO with ₹811 crore Offer For Sale
JSW Steel said the price and other details of the proposed IPO will be determined at a later stage in accordance with applicable regulations, including the SEBI (Issue of Capital and Disclosure Requirements) Regulations.
RVNL partners with Goa government to develop infrastructure projects in the state
The state-run company will act as the project execution agency under the MoU, though details on project value, scope and timelines are yet to be announced.
Zee Entertainment explores stake sale in Music arm to shore up cash reserves: Exclusive
Zee Entertainment is further aiming to increase its cash balance, which is currently around ₹3,000 crore. The company's current market capitalization is just over ₹10,000 crore.
Waaree Energies bags fresh 212 MW overseas solar order, total deal size rises to 562 MW
The new order adds to an existing 350 MW contract from the same international customer and will be executed in FY27.
JSW Steel Q1 Results: Record sales, higher other income aid profit growth; To take unit public
JSW Steel's June-quarter profit more than doubled, aided by higher other income and record first-quarter steel sales, helping the company beat Street estimates across key metrics. The board also approved selling shares worth up to ₹811 crore in the proposed IPO of JSW One Platforms.
Novo Nordisk's Wegovy wins India nod for fatty liver disease; Emcure to distribute
India's drug regulator has approved Novo Nordisk's Wegovy as the country's first and only GLP-1 therapy for adults with MASH, expanding the obesity drug's use beyond weight management and strengthening its commercial opportunity in the country.
Havells India Q1 Results: Revenue grows 20% from last year; Higher spends impact margins
Havells plans to increase the annual cable manufacturing capacity at the unit to 7.34 lakh km from the current 4.59 lakh km. The same is expected to be completed by December 2027 and would be funded via internal accruals.
Central Bank of India Q1 results: Profit rises 13% to Rs 1,324 cr
Central Bank of India announced a thirteen percent net profit increase for the June quarter. Total income rose to Rs 10,678 crore, and interest earned improved significantly. However, the bank's operating profit saw a decline from the previous year. Asset quality improved as gross non-performing assets moderated to two point six zero percent. The capital adequacy ratio also strengthened to eighteen point two eight percent during this period.
IRDAI likely to allow Prudential to retain ICICI Prudential life stake: Sources
IRDAI may let Prudential Plc keep its full stake in ICICI Prudential Life after declassification, sources say. Final approval expected by late 2026.
After record $29 billion selloff, FIIs buying India again. Chris Wood explains why
After a record $29 billion foreign selloff, FIIs have turned net buyers of Indian equities in July. Jefferies' Christopher Wood says the earlier outflows were driven by the AI-led rally in Korea and Taiwan, adding that sustained inflows will depend on the AI trade cooling or Indian valuations becoming more attractive.
FIIs cut stakes in 12 smallcap stocks in June quarter, shares slide up to 50%. Do you own any?
Investors closely track FII activity, as foreign institutional investors typically make investment decisions after extensive research. Therefore, when they reduce their holdings, it becomes equally important to monitor such changes. With June-quarter shareholding data now available for nearly 522 smallcap companies, an interesting trend has emerged.We analysed smallcap stocks where FIIs reduced their holdings in the June quarter compared with the March 2026 quarter. After filtering the data, 268 smallcap stocks met this criterion. Notably, around 39 of these stocks have already declined between 25% and 50% in CY2026 so far. We have highlighted the top 15 laggards where FII stake reductions have coincided with sharp price corrections of more than 30% in less than seven months of 2026. (Data Source: ACE Equity)
India's corporate profit-to-GDP ratio is at 2008 level, what happens next?
Read on for the seven most attractive sectors right now.
Vedanta, demerged Vedanta Aluminium, Vedanta Oil & Gas get rating upgrades from CRISIL
CRISIL has upgraded ratings for Vedanta Aluminium Metal and Vedanta Oil and Gas. These upgrades reflect stronger business and financial risk profiles for the demerged entities. Hindustan Zinc Ltd continues to be fully consolidated with Vedanta due to strong integration. Vedanta's financial risk profile has improved significantly after the demerger. Ongoing exploration programs are expected to support production sustainability and reserve replacement.
Federal Bank Q1 Results: Strong core income, lower provisions aid profit; asset quality stable
The lender reported its Net Interest Income (NII) of ₹2,946 crore during the June quarter, which is 26% higher compared to the ₹2,336 crore it reported during the same quarter last year.
Central Bank of India Q1 Results: Core income growth of 16%, asset quality stable
Central Bank of India's Operating profit before provisions and contingencies increased to ₹2,186 crore from ₹2,096 crore in the March quarter, although it was lower than ₹2,304 crore reported a year ago. Profit before tax came in at ₹1,785 crore, compared with ₹1,593 crore sequentially and ₹1,783 crore a year earlier.
Banking, IT can drive Nifty breakout as broader market rally continues: Gautam Shah
Gautam Shah, Founder of Goldilocks Global Research, sees banking and IT leading the next leg of the rally, prefers mid-, small- and micro-cap stocks, remains positive on Adani Group, real estate, PSUs, financials and service consumption, while recommending fresh exposure to gold and silver after the recent correction.
Mukul Agrawal raises stake in this microcap NBFC, smallcap textile player in Q1. Do you own?
Veteran investor Mukul Agrawal increased his holdings in microcap NBFC Laxmi Finance and smallcap textile company Lux Industries during the June quarter of FY27, according to the latest shareholding data. The portfolio changes come as quarterly disclosures continue, with more updates on his investments likely in the coming weeks.
Reliance Industries promoters raise stake after ₹9,000 share purchase in the June quarter
Among institutional investors, domestic mutual funds owned 10.11% of Reliance Industries, while insurance companies held 9.20%, including Life Insurance Corporation of India (LIC) with a 6.88% stake. Foreign portfolio investors collectively held 17.06%, according to the filing.
PTC Industries makes another move towards high-value systems with latest Brahmos Aerospace order
PTC Industries said the order represents its entry into a higher-value part of the defence manufacturing chain — systems and sub-systems integration.
India's gems, jewellery exports rise over 26% in June after prolonged slowdown
India's gems and jewellery exports rose 26.51% to $2.21 billion in June 2026, showing recovery after a decline. Gold jewellery and lab-grown diamond exports saw significant jumps.
HDFC Bank, Axis Bank, ICICI, Kotak shares rise up to 3% ahead of Q1 earnings; Nifty Bank gains 500 pts. What to expect?
Banking stocks rallied on Friday, lifting the Nifty Bank index over 500 points ahead of Q1FY27 earnings from HDFC Bank, ICICI Bank, Axis Bank, Kotak Mahindra Bank and Yes Bank. Brokerages expect steady loan growth and stable asset quality, though margin pressure may weigh on earnings during the quarter.
Explained - Why brokerages are split on Tech Mahindra despite its Q1 earnings beat
Tech Mahindra also reported total contract value (TCV) deal wins of $1.078 billion, up 33.3% year-on-year, marking the third consecutive quarter in which quarterly deal wins exceeded the $1 billion mark.
Motilal Oswal starts coverage on an aerospace stock that’s up 40% in 2026. Know target, upside
Motilal Oswal has initiated coverage on Unimech Aerospace with a Buy rating and a target price of Rs 1,530, implying 27% upside. The brokerage expects strong earnings growth driven by aero tooling, precision engineering, strategic acquisitions and favourable aerospace industry tailwinds, despite the stock already gaining 40% in 2026.
India to take equity in chip startups under Semicon 2.0, exit after scale-up
India will take equity stakes in semiconductor startups under the Rs 1.27 lakh crore Semicon 2.0 programme, co-investing with venture capital firms before exiting as companies mature to spur growth in the domestic chip ecosystem
Relaxo Footwears jumps 14%, snaps 3-day losing streak. What should investors do now?
Relaxo Footwears shares surged 14% on Friday, snapping a three-session losing streak, as strong buying emerged at key technical levels. The rally added nearly Rs 1,255 crore to the company's market capitalisation. After falling 55% from its 52-week high to a March low, the stock has staged a sharp recovery, rebounding over 76% from the lows.
Polycab shares fall 4% after Q1; brokerages stay bullish with up to 25% upside
Of the 34 analysts who have coverage on Polycab, 23 have a "buy" rating, nine have a "hold" rating and two have a "sell" rating.
Centrum finds HDFC AMC attractive at current levels, bullish on wealth management
Mohit Mangal, Vice President of Centrum Broking names 360 ONE WAM as his top sector pick and says HDFC AMC offers an attractive entry point with over 25% upside despite recent underperformance. Mangal also explains why ICICI Prudential AMC deserves premium valuations and shares his outlook on stock exchanges.
Groww shares rebound 4% after Thursday's slump. Why are Jefferies, Motilal bullish on the stock?
Groww shares rebounded on Friday after a sharp decline in the previous session as brokerages remained upbeat following strong Q1FY27 earnings. Jefferies, JM Financial and Motilal Oswal reiterated Buy ratings, citing robust profit growth, improving operating leverage, market share gains and diversified revenue streams, with targets of Rs 250.
US jobless claims fall to 208,000, signalling continued labour market resilience
Initial unemployment claims decline more than expected, reinforcing signs of a stable US jobs market and easing concerns over a sharp slowdown in hiring.
Trump's posts and stock trades raise fresh conflict-of-interest questions: Report
Trump promoted several companies on Truth Social shortly after buying their stocks, prompting renewed scrutiny over potential conflicts of interest.
Reliance Industries Q1 Results LIVE Updates: O2C, retail to lead growth this time around
Reliance Industries Q1 Results Live Updates: A CNBC-TV18 poll anticipates that Reliance Industries will report 3.7% growth on a sequential basis to ₹3.05 lakh crore during the quarter. Earnings Before Interest, Tax, Depreciation and Amortisation could grow by 4% sequentially to nearly ₹46,000 crore, while margins may remain stable at 15%. Jio, O2C, and Retail results will be keenly awaited. Follow this space for all the LIVE updates
Polycab India shares fall 4% despite strong Q1 earnings, profit jumps 33% YoY
Polycab India shares slipped 4% on Friday despite the company reporting its best-ever first-quarter performance. Q1FY27 net profit rose 33% year-on-year to Rs 797 crore, while consolidated revenue jumped 39% to Rs 8,210 crore. Strong growth in the Wires & Cables and Fast-Moving Electrical Goods (FMEG) businesses drove the robust earnings, even as investors booked profits.
Infosys, TCS, HCL Tech, other IT stocks rally up to 3%. 2 major reasons why
Indian IT stocks saw gains on Friday, led by Tech Mahindra's better-than-expected first quarter results. Infosys and HCL Tech also advanced, with HCL Tech securing a significant seven-year deal. Wipro shares declined more than three percent after reporting weak first-quarter performance. Brokerages offered positive outlooks for Tech Mahindra, increasing target prices for the stock. The Nifty IT index registered a notable increase, reflecting the broad-based gains.
BHEL builds India's first homegrown 1200 kV ultra-high voltage transformer
The successful development and international-standard type testing of the transformer places India among a select few countries possessing this advanced UHVAC transformer technology.
CEAT shares fall up to 9% after higher costs hit Q1 margins
CEAT's managing director and CEO Arnab Banerjee told CNBC-TV18 that raw material prices are expected to be another 8-10% higher in the second quarter compared with the first, with additional price hikes planned in July and August.
Nuvama initiates coverage on SG Mart, Siemens Energy India with Buy; sees up to 21% upside
Nuvama Institutional Equities has initiated coverage on SG Mart and Siemens Energy India with ‘Buy’ ratings, citing strong earnings growth, improving profitability and favourable industry trends. The brokerage has set target prices of Rs 777 and Rs 4,200, implying upside potential of about 18% and 21%, respectively, from current levels.
₹150 Or ₹530? BHEL bulls cite execution improvement while bears warn of order inflow peak
Given that the legacy low-margin projects are largely behind, an execution ramp-up in financial year 2027 will drive profitability and cash flows for BHEL, Nuvama's note said.
TSMC commits another $100 billion to US chipmaking, taking total investment to $265 billion
TSMC pledged another $100 billion for US chip manufacturing and raised its spending outlook as booming AI demand drove a 77% jump in quarterly profit.
CEAT shares crash 9% after Q1 net profit tumbles 96% YoY to Rs 4 crore. What lies ahead?
CEAT shares dropped over 9% on Friday after reporting a significant profit decrease. The tyre maker's net profit fell 96% year-on-year to Rs 4 crore. Higher raw material costs due to the West Asia crisis impacted profitability during the quarter. Revenue from operations grew 22% year-on-year to Rs 4,318 crore. The company announced a Rs 1,205 crore investment for manufacturing capacity expansion.
HDFC AMC among 5 F&O stocks with a sharp rise in futures open interest
As of July 16, there was a notable surge in futures open interest for nine stocks in the NSE F&O pack, contributing to a total increase in open interest of over 10% as compared to the previous trade. A significant uptick in futures open interest signifies a substantial growth in the number of active, unexpired futures contracts in a specific security. This uptrend reflects an increasing number of participants either initiating new positions or expanding the size of their existing positions within the futures market.
Q1 Results today: Reliance Industries, JSW Steel among 33 companies announcing June quarter earnings. What to expect?
Reliance Industries and 32 other firms will announce quarterly earnings on Friday. Several major banks are scheduled to release their April-June quarter results on Saturday. The market is reacting to Thursday's earnings announcements from IT majors and other companies. Analysts expect Reliance Industries to report steady performance driven by its oil-to-chemicals business. Goldman Sachs forecasts the Nifty 50 index to rebound to 26,500 by June 2027.
WeWork India Management shares slide 5%; Q1 loss narrows, revenue jumps 27% YoY
WeWork India reported a narrowed net loss of Rs 4.31 crore for Q1FY27. Revenue from operations increased 27.74% year-on-year to Rs 683.83 crore. The company expanded its operational portfolio by 18.5% to 79 centres. Free cash flow from operations grew significantly by 176.1% year-on-year. Despite a stock dip, medium-term returns have been strong.
William Lee sees Fed on hold, backs India as long-term investment opportunity
William Lee, Chief Economist and Managing Director of Global Economic Advisors explains why he expects the Fed to remain on hold, warns that West Asia tensions could keep oil prices elevated, discusses the artificial intelligence (AI) trade, and outlines why he prefers India's long-term growth story over investing in gold.
Jio Financial Services shares gain 6% on strong Q1 earnings; Motilal Oswal sees 34% upside
Motilal Oswal wrote in its note that Jio Financial's sum-of-the-parts does not factor in valuation from businesses like insurance manufacturing, wealth management, broking and marketplace, which are still in their incubation phases.
Sensex climbs 500 points, Nifty tops 24,200 as investors brace for earnings session
Indian stock markets saw gains on Friday, with Sensex and Nifty trading higher. IT stocks led the gains, while broader markets experienced marginal losses. Escalating Iran-US conflict and rising oil prices added to investor caution. Foreign investors remained net sellers of Indian equities on Thursday. Analysts advise caution due to market range-bound construction and rupee weakness.
RIL investors lose Rs 3.5 lakh crore this year. Can Q1 earnings bring the stock back to life?
Reliance Industries investors have lost significant wealth this year. The company's stock has faced pressure due to various business segment concerns. Upcoming first-quarter earnings results are crucial for investor sentiment. Analysts expect steady performance driven by oil-to-chemicals and digital services. Positive results could lead to a stock price rally and improved valuation.
RIL Q1 strategy: How to trade Reliance Industries shares ahead of June quarter earnings?
Reliance Industries will announce its June quarter results today, with investors watching share price movements. Analysts anticipate steady performance driven by oil-to-chemicals and digital services growth. Previous earnings reports show mixed reactions, with some post-earnings gains and declines.
Jio Financial Services shares rally 6% after stellar Q1 results. Buy, sell or hold the stock?
Jio Financial Services shares surged 6% after the company posted a strong Q1FY27 performance. Consolidated net profit jumped 155% year-on-year to Rs 830 crore, while revenue from operations soared 227% to Rs 2,004 crore. Interest income, fee and commission income, and profit before tax also recorded robust growth, reflecting strong business momentum across its lending and financial services businesses.
Tech Mahindra shares jump 3% after Q1 earnings beat estimates. What Nomura, Nuvama, other brokerages now expect
Tech Mahindra shares surged after the IT major reported better-than-expected Q1 FY27 results, with net profit rising 28% YoY to Rs 1,465 crore and revenue climbing 18% to Rs 15,712 crore, supported by broad-based growth, strong deal wins, and margin expansion.
Wipro shares fall over 3% after Q1 results. Why have Nomura, Motilal & others cut target prices?
Brokerages remained divided on Wipro after its Q1FY27 results, with Nomura and Nuvama retaining Buy ratings but lowering target prices due to weak growth and cautious guidance. Motilal Oswal maintained a Neutral rating, citing another challenging year ahead. While analysts flagged macro uncertainty and sluggish deal ramp-ups, they believe AI-led demand and attractive valuations could support the stock over the long term.
Investors are watching Jio but Mukesh Ambani-led RIL’s Q1 surprise may come from refining
Reliance Industries' upcoming first-quarter earnings may depend on refining gains. Jio's steady expansion is expected to provide a stable growth engine for the company. Refining margins surged dramatically, raising expectations for the oil-to-chemicals business. However, planned refinery shutdowns could impact the full benefit of margin upswings. Investors will focus on how well RIL translates commodity margins into actual earnings.
Deepfake scam rattles Sky Gold as subsidiary suffers Rs 11 crore loss after unauthorised fund transfer
Sky Gold and Diamonds' shares may remain under pressure after its subsidiary, Starmangalsutra Private, reported a Rs 10.70 crore fraud involving deepfake techniques. Fraudsters allegedly gained unauthorised access to a company-issued mobile phone and laptop, impersonated a director, and tricked an employee into transferring funds to unknown bank accounts. The company has reported the incident to cybercrime authorities and banks.
Rupee inches higher after four-day fall, but dollar demand and crude prices weigh
Indian rupee gains slightly against US dollar, but faces pressure from rising crude oil prices and global risk aversion. RBI intervenes to manage volatility.
10 smallcap stocks soar up to 230% this year, 3 turn multibaggers. Do you own any?
While the Nifty 50 has struggled to gain momentum, India's smallcap segment has continued to outperform. Experts believe smallcap stocks currently offer greater growth potential than largecaps. Here's a look at the top 10 best-performing smallcap stocks by year-to-date (YTD) returns.
UPL among 5 stocks that closed above VWAP, signaling bullish shift
On July 16, the closing prices of five stocks in the Nifty500 pack rallied over 1% relative to their VWAP (Volume Weighted Average Price). A shift above the VWAP suggests a potential bullish trend, according to stockedge.com's technical scan data.When the closing price rises above the VWAP, it signifies that the closing price is higher than the average price at which it was traded throughout the day, with the average being weighted by trading volume. This occurrence is often interpreted as a potential bullish signal by traders and investors, which could indicate positive sentiment in the market.
ETMarkets Smart Talk | India’s indirect AI play could create wealth in power, data centres and capital goods: Hiren Ved
India's AI boom offers indirect opportunities in infrastructure and power sectors. Foreign institutional investors are shifting allocations away from traditional large-caps. They are now exploring growth in internet consumer and industrial spaces. This shift reflects changing market leadership and technological disruptions. The second half of 2026 is anticipated to be better for Indian equities.
IEX among 5 stocks with bullish RSI crossover
On July 16, five Nifty 500 stocks that gained more than 4% were identified using the RSI Trending Up scan on StockEdge.com. An uptrend signal is generated when the RSI crosses above the 50 level from below. A rising Relative Strength Index (RSI) indicates strengthening price momentum, signalling potential upside and helping traders identify possible buying opportunities.
UPL among 5 stocks that closed above VWAP, signaling bullish shift
VWAP: Rs 123.16 | LTP: Rs 124.74
IIFL Finance among 3 stocks flashing bullish signals, hinting at a possible uptrend
On July 16, three stocks in the Nifty500 appeared on the ‘White Marubozu’ bullish scanner, according to StockEdge’s technical scan data. A White Marubozu is a bullish candlestick pattern in technical analysis that occurs when the opening price is the lowest for a given period and the closing price is the highest.Represented by a long white (or green) candlestick with no upper shadow and a small or nonexistent lower shadow, it indicates strong buying pressure throughout the session. Traders interpret it as a signal that buyers were in control from the opening to the closing, often using such patterns for informed decisions about future price movements in financial markets.
HCL Tech shares in focus after signing 7-year deal with Guardian Life Insurance
HCL Tech shares: The company signed a seven-year agreement with Guardian Life Insurance to expand their partnership. HCL Tech will drive Guardian's AI-led modernization by enhancing technology and operations, improving efficiency, reducing operational friction, and developing AI-powered solutions to support the insurer's long-term growth.
Five major banks are set to report Q1 results on Saturday; Here's what the street is expecting
Shares of HDFC Bank are down 18% so far this year, while those of ICICI Bank, Axis Bank, Kotak Mahindra Bank and Yes Bank are up 6%, up 3%, down 15%, and up 10% respectively this year so far.
SBI Funds Management IPO Allotment today - Here's how you can check your status
For those who have received the allotment in the SBI Funds Management IPO, their shares will be credited to their accounts by Monday, July 20, 2026. The stock will begin trading on Tuesday, July 21.
Beijing's rare earth squeeze threatens $6.5 trillion of Western industry, says IEA
The International Energy Agency says tighter Chinese export controls on rare earths and graphite could disrupt global supply chains, putting trillions of dollars of production across the automotive, defence, technology and clean energy sectors at risk.
Stocks to buy in 2026 for long term: Jindal Saw, SBI Life among 5 stocks that could give 10-20% return
Brokerages remain bullish on a select set of stocks across sectors, highlighting potential upside based on their latest target prices.We have collated a list of recommendations from top brokerage firms from ETNow and other sources:
Gold and silver prices fall today: Key reasons explained
Gold and silver prices fall despite West Asia tensions. Investors book profits, shift from tech stocks. US Fed outlook and dollar impact future.
'Sell Wipro' recommendations from analysts are the highest in a year; Check new targets after Q1 results
Wipro's margins for the first quarter were the lowest in nearly four years. The 16% figure was well below the 16.9% poll projection from CNBC-TV18 and the 17.3% it reported during the March quarter.
Negative Breakout: These 8 stocks cross below their 200 DMAs
In the Nifty500 pack, eight stocks' close prices crossed below their 200 DMA (Daily Moving Averages) on July 16, according to stockedge.com's technical scan data. Trading below the 200 DMA is considered a negative signal because it indicates that the stock's price is below its long-term trend line. Traders use the 200 DMA as a key indicator to determine the overall trend in a particular stock. Take a look:
India visa, passport services on hold in Australia, to resume only after govt nod: VFS Global
Consular, Passport and Visa services remain suspended since July 1, with applications on hold until the High Commission of India authorises their reinstatement.
Q1 Results Live Updates: RIL reports today; Wipro, Jio Fin react to numbers
Q1 Results Live Updates: The final trading session of the week will bring the most important result of the week in Reliance Industries, while Saturday will bring five major banks to the results table in HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Axis Bank, and Yes Bank. Apart from Reliance Industries, JSW Steel, Havells India, Federal Bank, RBL Bank, Tata Technologies, Tatva Chintan Pharma, Poonawalla Fincorp, Oberoi Realty and Navkar Corp will also be reporting their results today. The three biggest result reactions of the day come from Wipro, Tech Mahindra and Jio Financial Services. Watch this space for all the LIVE Q1 results updates.
Pre-market action: Here's the trade setup for today's session
Indian benchmark indices opened positively but traded within a narrow range. Market participants remained cautious due to the weekly Sensex expiry and intraday volatility. Analysts expect the index to hold support and witness a pullback towards higher levels. Foreign portfolio investors net sold shares while domestic institutional investors were net buyers. The rupee depreciated for the fourth straight day against the US dollar.
Asian markets slump amid chip sell-off; Nikkei falls over 3%
Asian stocks fell for a second day due to a chipmaker selloff over AI investment concerns. Oil rose. Nikkei 225 dropped 3.9%, MSCI Asia Pacific Index lost 0.8%. Kioxia Holdings Corp. fell 16%.
Stocks in news: Reliance Industries, Tata Tech, Wipro, Jio Financial, ITC, Maruti Suzuki
In today's trade, shares of Reliance Industries, Tata Tech, Wipro, Jio Financial, ITC, Maruti Suzuki among others will be in focus due to various news developments and first quarter results.
Wipro's strong deal wins offset by weak revenue and margin decline
Wipro reported strong order bookings but saw revenue decline and margins contract. The company's management noted no significant demand changes from the prior quarter. Future revenue guidance remains cautious, expecting a slight drop or marginal improvement. However, annual revenue trends show moderation, aided by acquisitions and steady orders. Stock valuation reflects investor sentiment, awaiting revenue and profitability improvements.
Logistics firms set for strong Q1 revenue growth despite margin pressure
Logistics sector revenue is poised for healthy growth in the June quarter. This expansion is driven by e-commerce demand and increased supply-chain outsourcing. However, elevated fuel costs and pricing pressures may impact profitability across companies. Container Corporation of India and Delhivery anticipate revenue increases with margin challenges. Blue Dart Express and TCI also expect revenue growth, with fuel prices being key.
Sensex Today | Stock Market LIVE Updates: Nifty bulls remain in wait-and-watch mode ahead of RIL, big bank results
Sensex Today | Stock Market LIVE Updates: All eyes will now be on the next two days when more than one-third of the index will be reporting results for the quarter, starting with Reliance Industries later this evening. The period will culminate with HDFC Bank, ICICI Bank, Axis Bank, Kotak Mahindra Bank and Yes Bank, all reporting results on Saturday.
Tata, SP Group explore share swap to unlock Tata Sons stake amid valuation divide
Tata Sons and the Shapoorji Pallonji Group are currently negotiating the monetization of a stake but are at an impasse concerning the transaction's structure and valuation. Among the options discussed is a share-swap deal. The SP Group is eyeing this opportunity to tackle its significant debt. Their recent refinancing attempts indicate a solid confidence level in the pledged Tata Sons shares.
Foreign or local? Investors at lossover GIFT funds
Investors are grappling with confusion when it comes to reporting GIFT City fund investments in their tax returns. Fund houses provide varying guidance on whether these should be categorized as foreign assets. While GIFT City falls under the foreign category per FEMA regulations, it's treated as a domestic entity for income tax.
Hormuz, chokepoints and crude: The strait that could shake the global economy
The collapse of the US-Iran ceasefire has transformed the Strait of Hormuz into the world’s most volatile maritime flashpoint, with profound implications for global energy security, trade, and geopolitical stability.
Ather Energy's Rs 1,300-crore QIP subscribed over eight times: sources
The QIP, which opened on Wednesday, drew interest from several marquee domestic mutual funds and foreign institutional investors, the people cited above said. The company launched the issue at a floor price of Rs 1,169.70 per share, 10% lower than its share price of Rs 1,298 on Wednesday.
MSCI rejig could bring $2.3 billion into Indian stocks
An upcoming MSCI index rebalancing may introduce about $2.3 billion in passive investment flows. The global index provider will announce changes on August 12 after market close. Several Indian stocks are likely candidates for inclusion in the MSCI India Standard Index. These changes will impact index-linked exchange-traded funds and mutual funds. The rebalancing will become effective for portfolios on August 31.
HSBC offers 19x FCNR(B) leverage in GIFT City
HSBC's GIFT City unit offers NRIs significant leverage on FCNR deposits. An NRI can borrow up to nineteen times their own funds for deposits. This special deposit program attracts overseas dollar deposits and boosts inflows. The Reserve Bank of India temporarily relaxed interest rate ceilings for this purpose. This initiative aims to attract foreign exchange until September 2026.
RBI bars banks, NBFCs from selling acquired stressed assets back to defaulting borrowers, related parties
New Reserve Bank of India norms will prevent lenders from reselling acquired assets to defaulting borrowers. These prudential rules apply to banks, small finance banks, and NBFCs starting October 2026. Specified non-financial assets are those obtained when resolving stressed loans from borrowers. Lenders must establish board-approved policies for acquiring and disposing of these assets. These assets will be disclosed separately on balance sheets, not as NPAs.
Private insurers seek tweaks in unlisted investment plan
Private insurers want Irdai to change proposed investment norms for unlisted companies. They suggest linking exposure limits to shareholders' funds instead of surplus. This change could unlock billions for investment in privately held businesses. The proposed framework may expand sector investment capacity significantly. Insurers seek greater flexibility in managing investment portfolios.
RBI proposes stricter data governance norms for banks, NBFCs
Draft framework lays down regulatory expectations on data governance, quality, architecture and third-party data sharing as financial sector becomes increasingly digital.
SpaceX shares close below IPO price for the first time, extend losses afterhours; Here's why
SpaceX shares listed at a premium to their issue price, made a post-listing high of $225, and have cooled off sharply since then. The stock has ended lower in 14 out of the 23 trading sessions since its listing on June 12.
Netflix shares tank over 9% afterhours after earnings, guidance disappoint
Netflix also narrowed its 2026 outlook by trimming the revenue figure to $51 billion - $51.4 billion from $50.7 billion - $51.7 billion projected earlier.
Stock Radar: Bajaj Finance inching higher after brief consolidation; time to buy?
Bajaj Finance stock shows bullish momentum after a period of consolidation. Experts suggest buying for a target of 1,100 levels in coming weeks. The stock has been making higher highs and higher lows since June. It is currently trading above key moving averages on daily charts. Analysts recommend a target of Rs 1,100 with a stop loss below Rs 1,000.
Chip stocks sell-off for second straight day on Wall Street, Alphabet drags Dow Jones down
Chip stocks from AMD to Micron, Intel, the ADRs of SK Hynix and stocks of Sandisk and Western Digital fell between 5.5% to as much as 13.5% overnight. Shares of Micron are down 13% over the last two sessions, while those of Sandisk, Western Digital and the ADRs of SK Hynix are down between 20% to 22% across Wednesday and Thursday.
Adani strengthens defence play with full buyout of flight simulator firm
Adani Enterprises will acquire the remaining 44.6% stake in Flight Simulation Solutions, giving it full ownership of the flight training and simulation business through its defence subsidiary.
These large- and mid-cap stocks can give more than 25% return in 1 year, according to analysts
Oil is crucial for every part of the Indian economy: From government to consumer, its price impacts spending by every stakeholder. So, till clarity emerges on the possible trajectory of oil prices because of the revived US-Iran war, the volatility quotient will remain high. That said, this is not the first time oil prices are spiking. They have done so in the past. The difference this time is that it is perhaps not only about the prices, but something more.
Diamond Power Infrastructure bags ₹185 crore conductor order from Adani Energy Solutions
Shares of Diamond Power Infrastructure Ltd ended at ₹226.00, down by ₹0.35, or 0.15%, on the BSE.
Physicswallah to acquire additional 11% stake in Sarrthi IAS for ₹72 crore
Shares of Physicswallah Ltd ended at ₹135.20, down by ₹1.75, or 1.28%, on the BSE.
These companies could be the hidden winners of India's AI data centre push
JM Financial says India's AI data centre expansion could create a sizeable opportunity for electrical equipment makers such as ABB, Siemens, Honeywell, Cummins and Kirloskar Oil Engines as investment in new facilities gathers pace.
Consumer electronics, M&A to power 26% earnings CAGR at Samvardhana Motherson through FY28: Nuvama
Nuvama raises target price to ₹168 as Samvardhana Motherson's diversification into consumer electronics and aerospace gathers pace, while a $96 billion order book and low debt provide visibility for future growth.
Jindal Photo approves delisting proposal, sets floor price at ₹1,119.50 per share
Shares of Jindal Photo Ltd ended at ₹1,130.45, down by ₹28.30, or 2.44%, on the BSE.
Servotech Renewable bags 900 kW hybrid solar rooftop project in Uttar Pradesh
The company will design, install and maintain 900 kW of hybrid solar rooftop systems with battery storage under a rural electrification project in Uttar Pradesh.
Market Pulse: Key triggers to watch before the July 17 trading session
Indian investors will track Reliance Industries’ first quarter results, crude oil prices and geopolitical developments on Friday as renewed US-Iran military tensions raise concerns over potential supply disruptions through the Strait of Hormuz. Iran’s warning that it would “crush” key targets in the Middle East if US threats to strike Iranian infrastructure are carried out could keep investor focus on oil companies and sectors dependent on petroleum-based products, amid concerns over potential supply disruptions. Investors will also watch the United States June industrial production data, which is expected to provide cues on the health of the economy and could be relevant for the Federal Reserve’s policy outlook.
5paisa posts flat Q1 profit despite 14% jump in revenue as margins come under pressure
5paisa Capital continued investing in AI, technology and customer experience during the June quarter, reporting stronger revenue growth but only a marginal increase in profit.
WeWork India narrows Q1 loss as demand for flexible offices grows
WeWork India narrowed its quarterly loss to ₹4.3 crore as strong demand for flexible workspaces lifted revenue by 28% and boosted operating profit.
Beyond the numbers: Wipro CEO Srini Pallia explains the IT giant's AI strategy
Wipro's June-quarter earnings may have disappointed on growth and margins, but its management spent far more time talking about artificial intelligence. Here's how CEO Srini Pallia says AI is reshaping the company's strategy, client engagements and future growth plans.
Ahead of Market: 10 things that will decide stock market action on Friday
Indian equities ended subdued as geopolitical tensions capped gains despite optimism around Q1 earnings. Analysts expect stock-specific action, with financials, autos and digital firms in focus, while Nifty remains range-bound between key support and resistance amid cautious investor sentiment.
PM Modi to flag off India’s first hydrogen-powered train, marking a new era in green rail mobility
The 10-coach hydrogen fuel cell train, capable of carrying around 2,600 passengers, will begin operations between Jind and Sonipat on July 17, showcasing India's push towards clean transportation and indigenous railway technology.
Market Trading Guide: ABB India among 2 stock recommendations for Friday
Indian equities ended subdued amid geopolitical concerns, volatile crude prices and weak Asian cues. Analysts recommend Chennai Petroleum and ABB India after strong technical breakouts, supported by rising volumes, bullish price structures and trading above key moving averages, indicating sustained upside potential.
Nifty Outlook for July 17: Index on the edge ahead of RIL, big banking results
Profit booking during Thursday afternoon wiped out the early gains, dragging the index below its intraday lows. A mild recovery in the latter half of the session helped trim losses, with the Nifty settling at 24,072, ending the day almost unchanged.
HCLTech expands Guardian partnership, acquires India GCC in AI push
HCLTech has signed a seven-year deal with US insurer Guardian that includes acquiring its India technology centre, bringing nearly 2,000 employees into the IT company's workforce and expanding the use of AI.
CEAT Q1 profit hit by margin pressure despite 22% revenue growth; plans ₹1,205 crore expansion
Shares of CEAT Ltd ended at ₹3,829.30, up by ₹34.50, or 0.91%, on the BSE.
Nuvama sees nearly 25% upside in Siemens Energy India stock, gives 'BUY' rating
The brokerage expects Siemens Energy India to ride India's growing power infrastructure spending, driven by opportunities in transmission projects, exports and high-voltage grid systems.
FIIs offload ₹4,206 crore, but DIIs keep buying streak alive for seventh day
Domestic institutional investors (DIIs) extended their buying streak to seven consecutive sessions on July 16, offsetting another bout of foreign selling, although benchmark indices ended largely flat as weakness in financials capped gains.
South Indian Bank to raise up to ₹1,000 crore through NCDs, bonds and other debt securities
Shares of South Indian Bank Ltd ended at ₹45.33, down by ₹0.19, or 0.42%, on the BSE.
Two Trades for Today: A financial services major for a 8% upmove, a mid-cap auto ancillary stock for a rise of about 7%
Our technical analysts identify select stocks every trading day that may gain momentum even in volatile markets. Here are the technical calls for today.
PC Jeweller seeks ₹1,000 crore via QIP, plans authorised capital increase
PC Jeweller's board has approved raising up to ₹1,000 crore through a qualified institutions placement (QIP) and proposed increasing the company's authorised share capital, as it looks to strengthen its balance sheet and support future growth.
Havells India to invest ₹255 crore to raise Karnataka cable plant capacity by 60%
Shares of Havells India Ltd ended at ₹1,168.00, down by ₹9.50, or 0.81%, on the BSE.
Weekly Top Picks: These stocks scored 10 on 10 on Stock Reports Plus
Stock Reports Plus, powered by Refinitiv, undertakes detailed company analysis for 4,000+ listed stocks. In addition to detailed company analyses, the report also collates analysts’ forecasts and trend analysis for each component. An average score in Stock Reports Plus is calculated by undertaking quantitative analysis of five key investment tools – earnings, fundamentals, relative valuation, risk, and price momentum.
Why Wipro's margins fell to a 15-quarter low and when they may recover
Even as Wipro signed 13 large deals during the quarter and continued to strengthen its order book, executives cautioned that converting those wins into revenue is taking longer amid a muted demand environment.
Stocks to Watch for July 17: Wipro, Jio Financial, Tech Mahindra and more
From Tech Mahindra, Wipro, and Piramal Finance reporting its June quarter earning to Sky Gold and Diamonds' subsidiary suffering a financial loss following a fraud; here are some stocks to track ahead of Friday's trading session.
PM Modi hails record auto sales as India's passenger vehicle dispatches surge 26% in Q1
Prime Minister says milestone reflects India's manufacturing strength as SIAM reports highest-ever first-quarter sales across passenger vehicles, two-wheelers, commercial vehicles and three-wheelers
Jio Financial Q1 Results: Profit skyrockets 155% YoY to Rs 830 crore
Jio Financial on Thursday reported 155% year-on-year (YoY) growth in its consolidated net profit at Rs 830 crore in the first quarter. The same stood at Rs 325 crore in the same quarter last year.
Israel looks to India’s airport expertise after Guwahati, Navi Mumbai terminals win global praise
Israeli Ambassador Reuven Azar praised India’s airport transformation after Guwahati and Navi Mumbai airports featured among the World’s Most Beautiful Airports 2026, saying he hoped Indian companies would contribute to airport projects in Israel
US weekly unemployment claims fall to 208,000, fewest in 10 weeks
US jobless claims fell to a 10-week low of 208,000, down 8,000. Layoffs remain low, but June hiring slowed. Companies like Microsoft, Verizon, and Amazon have cut jobs.
BlackRock posted blowout earnings. JPMorgan says the asset management giant is a buy
JPMorgan's call falls in line with consensus on the Street. Of the 19 analysts covering BlackRock, 16 have a buy or strong buy rating on the stock, LSEG data shows.
Jio Financial Services Q1 net profit more than doubles to ₹830 crore on lending, payments growth
Shares of Jio Financial Services Ltd ended at ₹235.65, down by ₹0.85, or 0.36%, on the BSE.
BHEL among 6 midcap stocks that hit 52-week highs and rallied up to 20% in a month
On Thursday, the benchmark Sensex closed largely unchanged with a marginal gain of 1 point, settling at 77,186. While the broader market remained subdued, six stocks from the BSE 150 MidCap index surged to fresh 52-week highs, reaching their strongest levels over the past year. A stock touching a 52-week high is typically viewed as a positive technical signal, indicating robust buying activity, improving investor confidence, and the possibility of further upward movement.
Don't buy stocks just for the green hydrogen story: Axis Capital
Axis Capital says investors should avoid buying stocks solely for their green hydrogen ambitions, arguing the business is still too small to drive valuations and broader clean energy companies offer better opportunities.
Wipro extends hiring streak, TechM cuts jobs again; here's how IT peers stack up
Wipro extended its hiring streak to four straight quarters, while Tech Mahindra continued to cut headcount. Here's how peers such as TCS and HCLTech, which have reported June-quarter results, have fared on hiring and attrition.
Polycab Q1 Results: Profit surges 33% YoY to Rs 797 crore, revenue jumps 39%
Polycab India delivered its strongest-ever first quarter, with revenue rising 39% and net profit increasing 33%, driven by robust wires and cables demand and strong FMEG growth. Management expects infrastructure spending, capacity expansion and distribution growth to sustain long-term momentum.
Market wrap: ICICI Lombard, IndiGo among top gainers & losers on Nifty and Sensex today
Indian equities ended subdued on weekly expiry as investors weighed Iran-US tensions, firm crude prices and rupee weakness. Analysts expect Q1 earnings to drive stock-specific action, while Nifty remains in a consolidation phase with key support near 24,000 and resistance around 24,300.
US stock market today: Dow futures rise, Nasdaq futures fall as chip stocks slide ahead of earnings
US stock futures were mixed on Thursday, with Dow futures rising while the S&P 500 and Nasdaq futures slipped as investors assessed corporate earnings, AI-driven momentum, and the escalating US-Iran conflict. Focus also remained on TSMC's results, upcoming Netflix earnings, and key US economic data due later in the day.
Hexaware Tech partners with Factory to bring AI agent-based software development to enterprises
Hexaware Technologies partnered with Factory to offer agent-native software development to global enterprise clients, integrating Factory's Droid platform into Hexaware's ecosystem.
BHEL shares jump 4% after Maharatna PSU posts net profit of Rs 377 crore in Q1, revenue jumps 40%
BHEL reported a consolidated Q1 FY27 net profit of ₹377 crore against a year-ago loss, driven by 40% revenue growth and a sharp recovery in operating margins. Strong power segment performance lifted sentiment, sending the PSU stock over 4% higher.
Trump targets Brazil with 25% tariff, accuses Lula government of unfair trade practices
The Trump administration has announced a 25 per cent tariff on certain Brazilian imports under Section 301, accusing President Luiz Inacio Lula da Silva's government of unfair trade practices after year-long negotiations failed
Borosil Renewables swings to Q1 profit as revenue grows 17%
Borosil Renewables returned to profit in the June quarter as revenue grew, operating margins improved sharply and domestic solar glass makers benefited from lower pressure from cheap imports.
Fed's Lisa Cook reaffirms 2% inflation goal as price risks overtake employment concerns
Fed Governor says the US economy remains resilient, but persistent inflation—not the labour market—is now the central bank's biggest policy challenge.
GNA Axles' Q1 profit jumps 67% as sales pick up
GNA Axles' June-quarter profit climbed sharply on the back of robust revenue growth, even as raw material and operating costs increased.
Piramal Finance Q1 profit jumps 67% on higher AUM growth; board clears ₹4,000 cr fund raise
Shares of Piramal Finance Limited ended at ₹2,183.10, up by ₹12.20, or 0.56%, on the BSE.
Q1 scorecard today: BHEL, Polycab lead earnings; Prestige, Newgen disappoint
BHEL, Polycab, DB Corp and MRPL posted strong June-quarter numbers, while Newgen Software, Prestige Estates and Sterling & Wilson Renewable Energy delivered mixed or weaker performances.
Wipro declares interim dividend worth Rs 2/share, fixes record date. Check details
Wipro declared an interim dividend of ₹2 per share, with July 27 fixed as the record date. The IT major reported modest Q1 FY27 profit and revenue growth, issued cautious quarterly guidance and reiterated its focus on AI-led business transformation.
ITC Hotels Q1 Results: Net profit jumps 35% to Rs 180 crore; acquires GHK Hospitality for Rs 155 crore
ITC Hotels reported a thirty-six percent rise in net profit for the first quarter. Consolidated revenue from operations also increased compared to the previous year. The company announced the approved acquisition of GHK Hospitality & Infrastructures Ltd. This strategic move will expand their owned-asset portfolio in Ahmedabad. The hotel business and new branded residences vertical showed strong revenue growth.
Gold, silver prices decline: How investors can approach the dip
Gold and silver prices fall on weak demand, profit booking, and global concerns. Rupee depreciation limits decline in India.
Tech Mahindra Q1: Strong revenue growth; deal wins top $1 billion for third straight quarter
In dollar terms, revenue came in at $1.66 billion, compared with the CNBC-TV18 poll estimate of $1.64 billion, reflecting 2.2% sequential growth in reported terms. Constant currency revenue grew 2.6% quarter-on-quarter, significantly ahead of the CNBC-TV18 poll estimate of 1% growth.
Deepfake scam hits Sky Gold subsidiary: ₹11 crore loss through unauthorised fund transfers
Shares of Sky Gold and Diamonds Ltd ended at ₹622.15, down by ₹7.75, or 1.23%, on the BSE.
Tech Mahindra Q1 Results: Net profit rises 28% YoY to Rs 1,465 crore, revenue up 18%
Tech Mahindra announced a consolidated net profit of Rs 1,465 crore for the first quarter. This represents a substantial 28% increase compared to the previous year's earnings. The company also saw its net profit rise over 8% sequentially from the prior quarter. Revenue from operations experienced an 18% year-on-year jump to Rs 15,712 crore. These results reflect strong financial performance for the IT services major.
Wipro Q1 Results: Profit flat YoY at Rs 3,352 crore; co declares Rs 2/share dividend
Wipro Q1 Results: Along with the earnings, the company’s board also approved an interim dividend of Rs 2 per share.
Tungsten prices likely to rise as new supply remains years away: Patriot Critical Minerals CEO
Brodie Sutherland, CEO of Patriot Critical Minerals Corp, expects new mining projects to take two to three years to reach production and said the company aims to bring its Nevada tungsten project online within three years to strengthen US supply while supporting long-term demand from defence, semiconductor and industrial sectors.
Wipro Q1 Results: Big margin miss; Q2 growth seen between -1.5% to 0.5%
Wipro's management has expressed a desire historically to return to the 17% to 17.5% margin band, although Morgan Stanley warns that incremental investments could keep margins below this range in the near-term.
360 One WAM posts double-digit Q1 profit, revenue growth as wealth management AUM expands
Shares of 360 One WAM Ltd ended at ₹1,085.00, down by ₹14.45, or 1.31%, on the BSE.
A cancelled overseas order sent this engineering stock down 13% from day's high
JNK India shares fell sharply after the company said an order from CC7 Emirates Engineering Solutions had been cancelled, offsetting optimism from a series of large domestic and international contract wins announced in recent weeks.
AlphaGrep launches mutual fund to bring quant investing to retail
AlphaGrep Investment Management, a quantitative investing firm with 16 years of institutional experience, is launching its first mutual fund offer aimed at retail investors, a multi-asset allocation fund. CEO Bhautik Ambani explained that the fund uses AI-driven models to decide how much money to put into equities, fixed income, and commodities like gold, silver, copper, and crude, based on statistical research rather than gut instinct. He said human fund managers still oversee risk and execution, but don't override model decisions, since asset allocation choices, not stock picking, tend to drive most long-term investment returns. The firm also plans to launch a flexi-cap fund and other specialised strategies soon.
Market Wrap: Sensex ends flat, Nifty holds 24,050 as Iran-US conflict keeps optimism in check
Sensex gained a mere 1 point to end at around 77,187, and Nifty 50 dropped around 6 points to close at nearly 24,073 on Thursday. Broader markets slipped into the red, with Nifty Midcap 100 and Nifty Smallcap 100 indices closing up to 0.4% lower.
Mid-cap IT, EMS and defence offer better growth opportunities: Quest Investment Managers
Rakesh Vyas, CIO & Portfolio Manager at Quest Investment Managers says valuations in mid-cap IT services have become attractive and offer better growth visibility than the broader sector. He also remains positive on EMS, preferring Avalon Technologies over peers, while believing much of Dixon Technologies' recent rally is priced in. On consumption, he favours urban-focused themes such as autos, retail and quick commerce. In defence, he prefers niche suppliers like Sansera Engineering over large PSU names, citing stronger long-term growth potential.
What are leveraged ETFs and how are they driving the AI rally?
Single-stock leveraged ETFs, popular in Asia for South Korean chipmakers Samsung Electronics and SK Hynix, are boosting volatility and worrying regulators. South Korea's FSC announced new measures.
E20 fuel lands in court: Vehicle owner wins compensation over alleged engine damage
A Chhattisgarh consumer court has ordered a vehicle manufacturer and dealer to compensate a car owner who alleged E20 petrol caused engine problems. The ruling comes amid ongoing debate over ethanol-blended fuel safety
Sensex ends flat, Nifty slips: 5 reasons why stock market lost momentum today
The Sensex ended 1 point higher at 77,187, while the Nifty 50 slipped 6 points to 24,073. Broader markets remained under pressure, with the Nifty Midcap Index falling 256 points, or nearly 0.5%, to 62,687.
Waaree opens battery storage factory with bigger-than-planned capacity
Waaree Energies has started operations at its battery energy storage manufacturing facility, increasing planned capacity to 5.15 GWh as it steps up its push into India's fast-growing clean energy market.
Laser Power targets double-digit revenue growth in FY27 on ₹3,200 crore order book
Deepak Goel, CMD of Laser Power & Infra, said investments in India's transmission and distribution network will support future order inflows, while EBITDA margins are expected to remain within the company's historical range. Goel also highlighted the company's plans to introduce advanced conductors that can increase transmission capacity without replacing existing towers.
ITC Hotels Q1 net up 36% at Rs 181.91 crore
ITC Hotels reported a thirty-six percent rise in net profit for the first quarter. Consolidated revenue from operations also increased compared to the previous year. The company announced the approved acquisition of GHK Hospitality & Infrastructures Ltd. This strategic move will expand their owned-asset portfolio in Ahmedabad. The hotel business and new branded residences vertical showed strong revenue growth.
ITC Hotels Q1 Results: Shares fall 5% as sequential dip overshadows healthy YoY growth
ITC Hotels reported healthy year-on-year growth in the June quarter, with profit rising 36% and revenue up nearly 15%, although earnings moderated sequentially. The company also announced the acquisition of GHK Hospitality.
BHEL Q1 Results: 40% revenue growth contributes to profitability return; Power biz leads
BHEL's Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) for the quarter stood at a positive ₹504 crore, compared to an EBITDA loss of ₹537 crore during the same quarter last year.
SWREL Q1 profit grows 38% to over Rs 53 crore
Sterling and Wilson Renewable Energy reported a 38 percent net profit increase. This growth occurred in the June quarter, supported by reduced expenses. The company's total income saw a decrease during the April-June period. However, Sterling and Wilson Renewable Energy achieved its highest-ever unexecuted order value. This strong order book reflects customer confidence and future growth expectations.
Fed sounds alarm as soaring fuel costs force Americans to cut non-essential spending
The US Federal Reserve has warned that soaring fuel prices are forcing Americans to cut back on non-essential spending, while businesses remain optimistic about economic growth despite lingering inflation and energy cost concerns ahead of the central bank's July policy meeting
Have all possible headwinds been priced in by the street? 7 Agro-chem stocks with upside potential of up to 38%
June was one of the worst monsoon months since records began to be kept. That is bad news for agro-chemical companies, though better rains in July and August can still help improve the situation. As a sector, though, it has been struggling with a variety of challenges. Will these be overcome? And when?
FIIs' June quarter picks: 13 stocks surged up to 230% in CY26. Do you own any?
Foreign Institutional Investors (FIIs) have remained aggressive sellers in the Indian equity market in CY26, pulling out nearly Rs 2.60 lakh crore so far. Against this backdrop, any stock that attracts fresh FII buying becomes worth watching, as their investment decisions are often backed by extensive research and long-term conviction.Based on the June 2026 quarter shareholding disclosures of around 130 BSE500 companies released so far, FIIs increased their stake in nearly half of the companies compared with the previous quarter. The market has already rewarded several of these bets. Around 25 stocks from the list have delivered double-digit returns in CY26 so far. Among them, 13 stocks have surged between 30% and 230% in less than seven months, highlighting the strong momentum in counters that witnessed fresh FII interest.
South Indian Bank Q1 Results: Core income drops 13%, asset quality stable
South Indian Bank reported a 17% rise in June-quarter profit, supported by improved asset quality, although net interest income declined. The stock traded lower after the results, despite the lender's healthy advances and deposit growth during the quarter.
Polycab Q1 Results: Revenue growth betters expectations, margin contraction lesser than feared
Polycab's EBITDA margin for the quarter narrowed by 70 basis points on a year-on-year basis to 13.8%. A CNBC-TV18 poll had expected the margins to narrow to 13.4%.
Heads or tails, it’s Trump: US unveils $1 coin featuring president’s face
The US Treasury has unveiled a commemorative $1 coin featuring Donald Trump as part of America’s 250th anniversary celebrations. The coin, set for release this fall, has sparked debate over rules barring living presidents from appearing on US currency
Newgen Software Q1 Results: Stock falls 8% from highs after sequential contraction in revenue, margins
Newgen Software shares fell as much as 8% from the day’s high after the company reported a sharp sequential decline in June-quarter profit and margins.
Q1 results today: Jio Financial, Wipro, Polycab India, BHEL among 41 companies to report earnings
The June quarter earnings season gathers pace on July 16, with 41 companies, including Jio Financial Services, Wipro, Tech Mahindra, BHEL, Polycab India and 360 One, set to announce results. Corporate earnings are expected to grow around 10%, marking the strongest expansion in four quarters after TCS kicked off the reporting season on July 9.
Russia asks India for more gasoline supplies after Ukraine attacks hit refinery capacity: Report
Russia has approached Indian refiners for more gasoline supplies after Ukrainian strikes disrupted a major share of its refining capacity, Reuters reported. Moscow is facing one of its worst fuel shortages, with nearly 40 per cent of refining capacity potentially offline
Foreign capital could rotate to India as AI trade loses steam: Bandhan AMC CIO
Manish Gunwani, CIO – Equity at Bandhan AMC, said India offers an attractive risk-reward proposition as signs of fatigue emerge in the global AI trade. He also sees value in large-cap IT, selective new-age technology firms and asset managers while remaining cautious on expensive manufacturing segments.
TSMC hikes sales, spending outlook to signal AI ‘megatrend’
TSMC raised spending and revenue projections, confident in chip and data center demand through 2027. It expects $60B-$64B capex in 2026 and over 40% revenue growth.
India’s Sun Pharma gets South Africa nod for generic semaglutide after Novo Nordisk patent expiry
India’s Sun Pharma has received South Africa’s approval to launch a generic semaglutide injection after Novo Nordisk’s patent expiry, intensifying competition in the Ozempic and weight-loss drug market
ABB India shares surge 10%. What’s fuelling the rally?
ABB India shares rose sharply on Thursday after global parent ABB reported strong second-quarter results and a sharp rise in India order growth. The robust order momentum has raised expectations of healthy quarterly numbers from the listed company, with investors tracking whether domestic demand and execution continue to drive growth.
Sterling & Wilson Renewables Q1 Results: Stock falls 9% after revenue dip, margins flat
Sterling & Wilson's net profit expansion during the quarter was supported by a significantly lower current tax expense, which fell to ₹7.1 crore from ₹37.5 crore a year earlier.
Vijay Kedia buys over 3 lakh shares of Websol Energy; solar stock zooms 1,080% in 3 years
Veteran investor Vijay Kedia increased his stake in Websol Energy System during Q1FY27, acquiring over 3.4 lakh shares and raising his holding to 47.85 lakh shares (1.1%), valued at nearly Rs 47 crore at the latest market price. The solar stock has surged 1,080% over three years, despite declining 28% in the past year.
Aswath Damodaran explains why country risk is no longer just an emerging market problem
Valuation expert Aswath Damodaran argues that country risk is no longer limited to emerging markets as global companies face political, legal and economic shocks across borders. From US sovereign debt concerns to overseas revenue exposure, investors must factor country-specific risks into valuations regardless of where companies are listed.
ITI shares gain over 6% as company bags ₹856 crore BSNL 4G contract
ITI said the order covers the planning, engineering, supply, installation, testing and commissioning of the 4G mobile network on a turnkey basis across 7,613 sites in the West Zone.
Ather Energy could break even by FY29 as volumes, market share grow: LKP Securities
Ashwin Patil, Senior Research Analyst at LKP Securities explains why he has retained a ₹1,500 target price, how the fresh capital will be used for expansion, and why Hero MotoCorp's increased investment in Ather is a strategic positive.
DB Corp Q1 Results: Strong ad revenue growth aids profit, margin expansion; Stock jumps up to 7%
DB Corp's Advertising revenue, a key growth driver, climbed 10% year-on-year to ₹432 crore during the quarter, supported by healthy demand across sectors such as real estate, jewellery, FMCG and government advertising.
FIIs will return to India, but these 5 reasons will keep them at bay for some time
FII selling has remained a key headwind for Indian equities since 2024, with foreign investors pulling out $32 billion amid the Middle East conflict. While recent inflows have provided some relief, Elara Securities believes a sustained, broad-based return of overseas capital is still some way off.
This HDFC group stock has no 'sell' rating among 30 analysts who cover it, but they want more
Of the 30 analysts who have coverage on the HDFC AMC stock, 26 have a "buy" rating and four have a "hold" rating. No analyst tracking the stock has a "sell" rating.
Swiggy, HPCL launch doorstep LPG cylinder delivery via Instamart, first for India's quick-commerce sector
Swiggy and HPCL have launched India's first quick-commerce LPG cylinder delivery service through Instamart. The pilot begins in Bengaluru, allowing customers to order 5-kg and 10-kg cooking gas cylinders without an existing HP Gas connection
Prestige Estates shares fall after Q1 pre-sales decline 15% from last year
Prestige Estate shares declined despite strong first quarter results. The company reported ₹6,579 crore pre-sales, new project launches, and steady hotel business.
Laser Power & Infra lists at 26% premium. What should investors do now?
Laser Power & Infra debuted at a 26% premium over its IPO price, rewarding investors on listing day. Analysts recommend holding the stock for the long term, citing its strong order book, debt reduction plans and favourable growth prospects from India's expanding power infrastructure and wires & cables market.
India raises export tax on diesel, jet fuel by Rs 7/litre as crude prices spike; cuts petrol levy
India has raised windfall taxes on diesel and jet fuel exports by Rs 7 per litre each while cutting the levy on petrol exports, as surging crude oil prices amid the escalating US-Iran conflict boost refining margins
Three EMS stocks Motilal Oswal is most bullish on post recent cabinet decisions
As result of the 9% upmove seen on Thursday, shares of Cyient DLM are already at 52-week high levels and have surpassed the brokerage firm's price target.
MRPL shares extend gains to 17% in seven sessions; Stock jumps despite narrowing margins
On the operational front, MRPL received PNGRB authorisation for its aviation turbine fuel (ATF) pipeline from Devangonthi Terminal to Kempegowda International Airport in Bengaluru.
UK Covid report: Boris Johnson govt wasted £10 bn on PPE procurement, finds probe
The UK Covid Inquiry says Boris Johnson-era PPE buying lacked planning, transparency, and preparedness, leaving taxpayers with nearly £10 billion in wasted protective equipment.
The Rs 1.5 lakh crore bank guarantee link that could rattle NSE, BSE and MCX
Revised RBI norms on bank guarantees could squeeze proprietary traders by sharply reducing leverage and raising funding costs, potentially hurting derivatives trading volumes. Analysts say the move, along with higher STT, may weigh on the valuations of exchange operators such as NSE, BSE and MCX.
Stocks To Buy: Motilal Oswal 'bull case' sees 87% upside for this aerospace tooling company
The brokerage believes Unimech Aerospace is well-positioned to benefit from long-term growth opportunities across the aerospace & defence, energy, and semiconductor equipment sectors.
Explained: Why ICICI Lombard shares tumbled 15% in their biggest fall since the COVID crash
ICICI Lombard shares fell sharply to hit a 52-week low on Thursday after its June-quarter earnings missed estimates, prompting brokerages to slash target prices and downgrade ratings. Analysts cited weak underwriting, higher claims, regulatory headwinds and slower premium growth, raising concerns over the near-term profitability outlook for the general insurer.
Beyond Nvidia: The hidden winners of the AI investment boom
The real money in the AI build-out is being made where physical capacity can't keep pace with capital, argues Subho Moulik, Founder & CEO at Appreciate. His test for investors: does a company own a constraint that money cannot quickly relieve? Software can be scaled in an afternoon, but a power transformer carries a 128-week lead time, and EUV lithography has just one supplier worldwide.
Explained - Why shares of ABB India and Siemens surged up to 10% on Thursday
This is the biggest single-day gain for ABB India since May 2024. Following suit, shares of Siemens Ltd. also gained as much as 7% before cooling off.
HSBC upgrades Indian equities to 'neutral' on easing oil prices, return of foreign flows
HSBC upgraded Indian equities to Neutral from Underweight on Thursday. Easing crude oil prices reduced earnings risks for Indian companies. Measures to stabilize the rupee drew back foreign investors into the market. The brokerage raised its 2026-end target for the BSE Sensex index. Foreign investors bought Indian shares worth $1.6 billion so far in July.
NSE receives approval to launch derivatives on the Nifty India FPI 150 Index
The National Stock Exchange received approval to launch derivatives on the Nifty India FPI 150 Index. These new contracts will be available in the equity derivatives segment for trading. Three serial monthly index futures and index options contract cycles will be offered. The index tracks the top 150 stocks selected from Nifty 500. This initiative aims to enhance accessibility for foreign investors.
ICICI Lombard General Insurance shares tumble 15% after Q1 profit takes a hit
ICICI Lombard shares tumbled 15% after the insurer reported a 46% YoY decline in Q1 FY27 net profit to Rs 403 crore, hit by large fire claims and the Supreme Court's Motor TP verdict. While gross premium income rose 7.5% to Rs 8,318 crore, the combined ratio worsened to 107.2% from 102.9% a year ago.
Bonus issue alert! Paytm to consider first-ever bonus issue along with Q1 results on July 20
Paytm parent One97 Communications will consider its first-ever bonus share issue alongside its June-quarter results on July 20. The proposal comes after the company reported its first full-year profit in FY26 and amid rising domestic institutional ownership, with mutual funds and insurers increasing their stakes in the fintech major.
NSE to launch Nifty India FPI 150 index futures and options from August 12
NSE will launch futures and options on the Nifty India FPI 150 Index from August 12, after SEBI approval. The new contracts expand NSE's index derivatives offerings.
MRPL shares zoom 11% after Q1 turnaround; revenue nearly doubles
MRPL shares surged over 11% on Thursday after the company reported a strong Q1FY27 performance. Revenue nearly doubled year-on-year to Rs 41,609 crore, while the company returned to profitability with a PAT of Rs 915 crore, compared with a net loss of Rs 272 crore a year ago, driven by robust operational performance and improved earnings.
Mrs Bectors Food soars 11% after Sunil Singhania's Abakkus acquires 29.4 lakh shares via block deal
Mrs Bectors Food shares surged sharply on Thursday after Sunil Singhania-led Abakkus Investment Managers acquired 29.4 lakh shares through a block deal. The purchase boosted investor sentiment despite the stock's recent underperformance, while analysts continue to maintain a 'Strong Buy' rating, expecting around 35% upside from current levels.
Volume Shocker: MFs lap up over 1 crore shares of 15 stocks that surged up to 49%. Do you own any
In its latest mutual fund analysis, ETMarkets identified 54 stocks that saw net additions of more than 1 crore shares in mutual fund holdings in June 2026 compared with May, signalling strong institutional buying.To identify the standout names, we further filtered the list for stocks that have gained over 10% since the beginning of June. This narrowed the universe to 15 stocks, reflecting both strong mutual fund accumulation and robust price performance.Among the 54 stocks, NHPC, Vodafone Idea and Yes Bank saw the biggest additions, with mutual funds buying a net 33.64 crore, 28.19 crore and 22.73 crore shares, respectively. Despite the heavy accumulation, all three have delivered largely flat returns since the beginning of June. (Source: ACE MF, ACE Equity)
Emmvee Photovoltaic shares surge 10% after Q1 profit more than doubles, strong order book
Suhas Donthi of Emmvee Photovoltaic said that the June quarter is typically seasonally weaker than the March quarter, but unit pricing remained stable during Q1. The company remains on track to achieve its FY27 EBITDA guidance of ₹2,200-2,400 crore and expects to be at the higher end of that range.
India-UK FTA cuts whisky duty, but Scotch may not get cheaper immediately: Experts explain why
The India-UK FTA has reduced import duty on Scotch whisky from 150 per cent to 75 per cent, with further cuts planned over the next decade. However, industry experts say consumers may not see an immediate drop in retail prices as state excise duties, registration charges, distribution margins and other costs continue to influence the final price of imported whisky bottles
Former LIC CFO Sunil Agrawal joins SBI, to take charge as finance chief from Aug 1
The appointment comes immediately after Agrawal's exit from LIC, where his resignation as CFO took effect on July 14.
MSCI India rejig: Why Adani Green, Groww and Laurus Labs are on investors’ radar
Adani Green, Groww and Laurus Labs have emerged as key stocks to watch ahead of MSCI’s August 2026 index review. JM Financial expects up to 12 inclusions and three exclusions, potentially triggering $2.3 billion in passive inflows, with index-linked buying likely to drive liquidity, institutional ownership and near-term stock movements.
Dixon Tech shares surge 7% on Rs 1.9 lakh crore phone manufacturing push. Buy, sell or hold the stock?
Dixon Technologies shares surged after the Union Cabinet approved the Rs 1.27 lakh crore second phase of the India Semiconductor Mission and a Rs 62,500 crore Mobile Phone Manufacturing Scheme. The government is expected to issue administrative notifications for both schemes within the next two weeks.
Biocon's Malaysia facility gets European regulator approval for new drug product fill finish for insulin
Supplies to Europe from this line are expected to start from the second quarter of the financial year 2027, Biocon said in its exchange filing.
Laser Power & Infra shares list at 26% premium to IPO price after issue subscribed nearly 39 times
The ₹742-crore IPO, which was open for subscription between July 9 and July 13, was subscribed 38.94 times, led by strong demand from institutional investors.
AI-led investment to keep US dollar strong; rupee to stay near 96-97: Standard Chartered
Steven Englander, Managing Director-Global Head of G10 FX Research, and North American Macro Strategy at Standard Chartered Bank explains why AI-led investment is likely to keep the US dollar strong, why the rupee is expected to remain around 96–97, how softer US inflation shapes the Fed's outlook, and what the Bank of Korea's rate hike signals for emerging market currencies.
Why China is betting on electric taxis to hedge against Hormuz oil risks
As tensions around the Strait of Hormuz reshape global energy markets, China's rapidly expanding fleet of electric taxis is helping cut fuel demand, reduce oil imports, and cushion the economy against crude price shocks.
Buy, Sell or Hold: Motilal Oswal downgrades ICICI Lombard; JM Financial upgrades Billionbrains Garage Ventures
Brokerages adjusted stock ratings following recent quarterly earnings reports. JM Financial upgraded Groww to Buy after strong Q1FY27 performance and cost control. Motilal Oswal maintained a Buy rating on HDFC Life Insurance due to steady growth prospects. However, ICICI Lombard was downgraded to Neutral amid weaker profitability and a higher claims ratio. These adjustments reflect company-specific growth and profitability trends observed in the past.
Sensex rises 200 points, Nifty above 24,100 amid Middle East jitters. What lies ahead?
Indian stock markets showed resilience on Thursday, with Sensex and Nifty gaining slightly. Geopolitical worries from the Middle East conflict did not significantly impact trading. IT stocks led the gains, while some banking shares experienced minor declines. The Indian Rupee remained stable against the US dollar, with oil prices showing muted movement. Analysts anticipate a narrow trading band for the market with a positive bias.
Cybersecurity: How Vijay Kedia's new-age thematic play handed him 3 multibagger stocks
Veteran investor Vijay Kedia has identified a cybersecurity theme in his portfolio. He holds stakes in TechD Cybersecurity, Sattrix Information Security, and TAC Infosec. These small listed companies have delivered significant stock returns for investors. The growing demand for cybersecurity services fuels this market opportunity. This trend highlights a new pocket of investment in India's digital landscape.
ICICI Lombard shares fall 14% as Q1 results lead to multiple downgrades
Despite the downgrades, 53% of the 31 analysts who have coverage on ICICI Lombard have a "buy" rating on the stock. 10 others have a "hold" rating, while only three are bearish on the stock, with Citi being one of them.
Motilal Oswal picks 9 bank stocks with up to 36% upside potential ahead of Q1 results. Do you own any?
Motilal Oswal expects bank credit growth to remain in the mid-to-high teens in the near term. The brokerage believes large private sector banks are well positioned to benefit from the favourable macroeconomic environment, aided by their ability to mobilise a larger share of FCNR(B) deposits through their overseas franchise and raise low-cost foreign borrowings. Here are 9 private banks the brokerage is bullish on.
Tata Elxsi among 4 F&O stocks with a sharp rise in futures open interest
On July 15, there was a notable surge in futures open interest for nine stocks in the NSE F&O pack, contributing to a total increase in open interest of over 10% as compared to the previous trade. A significant uptick in futures open interest implies a substantial growth in the number of active, unexpired futures contracts in a specific security. This uptrend reflects an increasing number of participants either initiating new positions or expanding the size of their existing positions within the futures market.
Groww shares rally 9% in two sessions after strong Q1 results. Should you buy, sell or hold the stock?
Groww parent Billionbrains Garage Ventures shares rose after reporting a 94% YoY jump in Q1FY27 consolidated net profit to Rs 735 crore. Revenue from operations surged 66% YoY to Rs 1,504 crore, while profit also increased 7% sequentially. The stock has gained 9% over the last two trading sessions.
Dual engines to fuel bull market? Mutual fund cash hits multi-year low of 4% as FIIs turn buyers after 4 months
Domestic mutual funds reduced cash holdings to a multi-year low of four percent. Foreign institutional investors have returned as buyers after a significant selling period. This dual liquidity boost signals increased institutional risk appetite in Indian equities. Fund managers are selectively deploying capital into reasonably valued segments. Large-cap stocks and banks are expected to benefit from these renewed flows.
Dividend alert! Last day to buy HCL Tech, MRF, Dabur, among 68 stocks for dividend payout worth Rs 1,365
68 stocks will turn ex-record date for dividends today. Investors must buy shares today to receive these upcoming dividend payments. HCL Tech, MRF, and Dabur are among the prominent companies offering payouts. 3M India leads with the highest overall dividend payout per share. This event marks the final opportunity for investors to secure these dividends.
Rupee opens little changed against dollar as higher oil prices weigh on currency
Indian rupee strengthens slightly to 96.25 against US dollar, but faces pressure from rising crude oil prices and West Asia tensions.
RIL Q1 preview: Will strong O2C performance drive overall earnings growth?
Reliance Industries is expected to post a steady June-quarter (Q1) performance, with brokerages projecting consolidated EBITDA growth of 4–10% year-on-year. The recovery is largely driven by the oil-to-chemicals (O2C) business, which is benefiting from stronger refining margins, improved petrochemical spreads, a weak rupee and SEZ refinery gains.
HDB Financial shares in focus as Q1 profit jumps 38% on strong NII growth. What are Nomura, Motilal Oswal saying?
HDB Financial Services reported a strong June quarter with profit rising 38% year-on-year. Net interest income increased 20%, and assets under management grew 11%. Experts maintained Neutral ratings, citing steady performance and improved asset quality. Net interest margins expanded, supported by better portfolio yields. The company expects loan growth acceleration aided by strategic initiatives.
Hindalco shares get a 'double-upgrade' as key catalysts begin to align, Kotak says
Kotak estimates Hindalco's net debt will peak in FY27 as capital expenditure on the Bay Minette project nears completion. It believes leverage has already peaked at 1.8x in FY26 and expects strong free cash flow generation from FY28 to support rapid deleveraging.
ABB India among 4 stocks showing bullish RSI upswing
On July 15, four stocks from the Nifty 500 pack that gained over 6% were identified using 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. "RSI Trending Up" indicates that the Relative Strength Index (RSI) is rising, suggesting strengthening price momentum in a stock. This may signal potential upside and can help traders identify buying opportunities.
Swiggy among 4 stocks that closed above VWAP, signaling bullish shift
On July 15, the closing prices of four Nifty500 stocks rallied over 1.5% relative to their VWAP (Volume Weighted Average Price), and a shift above the VWAP suggests a potential bullish trend, according to stockedge.com's technical scan data.When the closing price rises above the VWAP, it signifies that the closing price is higher than the average price at which it was traded throughout the day, with the average weighted by trading volume. Traders and investors often interpret this occurrence as a potential bullish signal. This potentially indicates positive sentiment in the market.
HFCL among 5 stocks flashing bullish signals, hinting at a possible uptrend
On July 15, five Nifty500 stocks that gained more than 4% appeared on the 'White Marubozu' bullish scanner, according to StockEdge’s technical scan data. A White Marubozu is a bullish candlestick pattern in technical analysis that occurs when the opening price is the lowest for a given period and the closing price is the highest.Represented by a long white (or green) candlestick with no upper shadow and a small or nonexistent lower shadow, it indicates strong buying pressure throughout the session. Traders interpret it as a signal that buyers were in control from the opening to the closing, often using such patterns for informed decisions about future price movements in financial markets.
Angel One shares in focus as Q1 profit doubles to Rs 231 crore, revenue up 25% YoY
Angel One shares will be in focus on Thursday after the fintech and broking firm reported a strong Q1FY27 performance. Consolidated net profit more than doubled year-on-year to Rs 231 crore, while revenue rose 25.3% to Rs 1,430 crore. EBITDA surged 76.5% to Rs 485 crore, with the EBITDA margin expanding sharply to 34% from 24%, driven by operating leverage.
ETMarkets Smart Talk | India's retail investing boom is structural, 40 crore demat accounts possible in 10 years: Sandeep Nayak
India's retail investing growth is structural, driven by demographics and financialization. Digital broking will focus on informed decisions and personalized guidance. Centrum Finverse aims to provide research and hand-holding to retail investors. Technology and AI will enable hyper-personalized services for customers. Multi-asset approaches and risk management are crucial for long-term wealth creation.
UK proposes 'No Gain, No Loss' tax treatment for select crypto transaction
UK proposes "no gain, no loss" tax for crypto lending and DeFi, deferring capital gains tax until economic disposal. HMRC aims to simplify tax for individuals and trustees, effective April 6, 2027.
Dixon Tech shares get another upgrade after HSBC banks on mobile manufacturing scheme
Macquarie expects Dixon Tech's revenue and Earnings per Share (EPS) to grow at a compounded annual growth rate of 28% and 43% respectively over financial year 2026-2029.
Gold and silver prices today: What's driving the decline in bullion
Gold and silver prices fell on July 16 due to softer US inflation data and West Asia tensions.
Groww shares can go up to ₹250 after Q1 results, say at least three analysts
While the Street had expected a largely flat quarter amid a moderation in market activity after a strong March quarter, Groww reported revenue that was broadly in line with estimates and earnings that exceeded expectations.
Devson Catalyst shares to debut today; GMP hints at 42% listing gain
The Rs 42.34 crore SME IPO received an overwhelming response during its subscription window from July 9 to July 11, closing 220.35 times subscribed, reflecting robust demand across investor categories.
Stocks to buy in 2026 for long term: Saatvik Green, Tata Power among 4 stocks that could give 20-40% return
Brokerages remain selectively bullish on stocks across sectors, identifying opportunities in power, pharmaceuticals, renewable energy and cement despite an uncertain macro environment.We have collated a list of recommendations from top brokerage firms from ETNow and other sources:
Happy Steels shares set for market debut today; GMP signals nearly 15% listing premium
The Rs 25 crore SME public issue witnessed overwhelming demand during its subscription period from July 9 to July 13, with the IPO closing 77.81 times subscribed, reflecting strong interest from investors across categories.
Laser Power & Infra shares to list today; GMP points to nearly 20% listing gains
The IPO comprised a fresh issue of 2.53 crore equity shares worth Rs 542 crore and an offer for sale (OFS) of 0.93 crore shares aggregating to Rs 200 crore. The price band for the issue was fixed at Rs 203-214 per share.
Q1 Results LIVE Updates: Wipro, TechM, BHEL report today; HDB Fin, Angel One react to earnings
Q1 Results LIVE Updates: Today is probably the busiest day of the week at least when it comes to the quantum of results that will be reported during the course of the day and the stocks that will be reacting to their results that were reported after market hours on Wednesday. Wipro, Tech Mahindra, Jio Financial, HDFC Life, ICICI Lombard, BHEL, CEAT, Polycab, South Indian Bank are some of the stocks that should be on your radar. Stay tuned for all the Live earnings updates.
Positive Breakout: These 11 stocks cross above their 200 DMAs
In the Nifty500 pack, 11 stocks' closing prices crossed above their 200 DMAs (Daily Moving Averages) on July 15, 2026, according to stockedge.com's technical scan data. The 200-day daily moving average (DMA) is used by traders as a key indicator to determine the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily timeframe, it is generally considered to be in an overall uptrend. Take a look:
HDB Financial shares will react to Q1 results; Motilal Oswal awaits better loan growth to turn bullish
HDB Financial Services reported strong Q1 earnings: net profit up 38.3% to ₹785 crore, NII up 20% to ₹2,509 crore. Asset quality improved, loan book crossed ₹1.22 lakh crore.
Bonus Share Alert: 7.5 lakh retail shareholders of this new age stock set to be rewarded on July 20
This will be the first time since Paytm's listing in 2021 that the board will be considering a bonus issue of shares. At the end of the June quarter, Paytm had a total of over 7.5 lakh small shareholders.
Pre-market action: Here's the trade setup for today's session
Benchmark indices experienced volatility on Wednesday amid the ongoing Q1 earnings season. Profit booking occurred after an intraday high, limiting market upside. A weaker rupee and firm crude oil prices contributed to cautious investor sentiment. Analysts anticipate the index will continue its consolidation within a specific range. India VIX, a fear gauge, saw a notable decrease during the session.
Oil prices gain for fourth day US-Iran tensions escalate, threatening global supply
Brent traded around $85 a barrel after rising 12% in the prior three sessions. Meanwhile, West Texas Intermediate was near $80 a barrel.
Amazon shares are really cheap compared with competitors Walmart and Alphabet, says Jefferies
Amazon is looking less expensive than comparable stocks such as Walmart and Alphabet, making it an attractive addition to portfolios, per Jefferies.
Buy SpaceX shares ahead of this week's Starship launch, says UBS
UBS keeps its buy rating and sees SpaceX reaching huge milestones if its next test flight is successful.
Stocks in news: Wipro, Jio Financial, HDB Financial, HDFC AMC, SBI
Indian markets experienced volatility, ending nearly unchanged amid mixed global cues. Several companies like Wipro and Jio Financial announced their first quarter results today. Angel One reported a strong quarter with significant year-on-year profit growth. HDB Financial and HDFC AMC also posted increased profits for the June quarter. SBI appointed a new chief financial officer, while Ather Energy secured funding.
HSBC upgrades Indian equities to 'neutral' three months after downgrade; Here's what it likes
HSBC has a preference for financials, particularly private banks after their continued underperformance as growth risks have come down. It also bets on real estate as a high beta sector as demand as held up and valuations are now more attractive but expects the IT sector to stay out of favour due to AI-related concerns even after a meaningful de-rating.
Asian shares fall led by South Korea's Kospi, oil extends gain
South Korea's Kospi index fell over 6%, while Japan's Nikkei 225 was down over 3%. MSCI's Asia Pacific index declined 1.7%.
Sprng deal could deliver fresh spark to drive Grasim revenue
Grasim Industries is strategically acquiring Sprng Energy to accelerate its renewable energy business growth. This acquisition is expected to significantly increase the renewable energy segment's revenue share by FY28. The company acquired Sprng Energy's solar portfolio at a discount to current market rates. However, the deal will increase financing costs and may impact near-term profitability. Grasim's moderate leverage indicates capacity to absorb additional debt from this acquisition.
ICICI Lombard Q1 profit slumps 46% to Rs 403 crore on fire claims, SC verdict impact
ICICI Lombard's net profit fell 46 per cent in the June quarter. This decline resulted from two large fire insurance claims. A Supreme Court judgment also impacted its motor third-party portfolio. The insurer's combined ratio worsened to 107.2 percent from 102.9 percent. Gross direct premium income rose seven point five percent during the quarter.
Protection business boosts HDFC Life, ICICI Pru Life Q1 earnings
HDFC Life and ICICI Prudential Life saw healthy profit expansion in the June quarter. Steady premium growth and stable new business margins drove these positive financial results. HDFC Life reported a twelve percent rise in net profit, while ICICI Prudential Life's profit increased twenty-eight percent. Both companies experienced strong contributions from their protection product offerings. Customer acquisition and product mix guided their respective business strategies during the period.
India investment isn't a burden, it's an opportunity: Envoy on how New Zealand may gain from FTA
Envoy says investment in India creates long-term value, points to Japan and South Korea's success; calls the trade pact a "tremendous opportunity" for both nations.
Sensex Today | Stock Market LIVE Updates: Nifty aims for range breakout on Sensex expiry; Wipro, TechM results today
Sensex Today | Stock Market LIVE Updates: The bulls have managed to defend 24,000 through the week and would aim to continue doing so, even as 24,250 - 24,350 levels have become a major supply zone. The Nifty Bank too, after the initial outperformance, could not sustain above 58,000.
India's current account slips into $2 billion deficit in May as trade gap widens
India's financial landscape shifted in May, marked by a current account deficit alongside a narrower capital account deficit. The total balance of payments registered a $4.4 billion deficit, mainly due to a substantial merchandise deficit of $27.9 billion, overshadowing service surpluses and remittances. Furthermore, foreign portfolio investors began to temper their divestments in the local markets, with the central bank noting an outflow in foreign direct investment.
India's war-risk insurance pool faces its first real-world test
India's new maritime insurance pool has received its first claim. A vessel covered by the arrangement was damaged in a drone attack. This incident marks the pool's initial test amid regional tensions. The claim is currently being assessed for payout within the pool's capacity. Government backing provides an additional layer for larger potential losses.
US data surprise eases rate hike fears, also cheers D-Street
Indian equities closed higher, mirroring gains across Asian markets after US inflation data. Oil prices around $85 a barrel limited upside, raising supply disruption concerns. The NSE Nifty rose 26.5 points, while the BSE Sensex gained 130.5 points. Geopolitical tensions in the Middle East have made investor sentiment cautious recently. Foreign portfolio investors sold shares, while domestic institutional investors bought equities.
RBI pushes banks, NBFCs to own data risks across third parties
The RBI has sought comments from the public by August 17 on its draft proposals titled 'Guidance on Regulatory Expectations for Data Governance.' These seek to strengthen controls over the growing use of external service providers, technology vendors and group entities by banks and other regulated financial institutions.
Buoyed by Q1 show, Indian IT shrugs off IBM shock
Indian technology stocks demonstrated resilience on Wednesday, defying IBM's significant overnight decline. Depressed valuations and positive first-quarter results provided support for local outsourcing firms. The Nifty IT index saw a minor dip, while the broader Nifty 50 index edged higher. Analysts noted that IBM's issues were not directly correlated with Indian IT services. Investor concerns have eased due to better-than-expected sector performance and constructive management commentary.
SK Hynix shares surge 13% as AI optimism and easing US inflation reignite chip rally
South Korean chipmaker leads a broad semiconductor rally after softer US inflation data boosts risk appetite, while analysts see AI-driven memory shortages supporting earnings through 2027.
Scotch, cars and chocolates: What gets cheaper as the India-UK FTA kicks in?
The India-UK Comprehensive Economic and Trade Agreement (CETA) comes into effect from today (July 15). The deal opens one of the world’s largest consumer markets to Indian exporters while making several British products, such as Scotch whisky, premium cars, cosmetics, chocolates and select food products, cheaper for buyers at home
TVS Venu Group firm Home Credit India to acquire Varthana Finance for Rs 967 crore
The acquisition will make Varthana Finance a wholly owned subsidiary of Home Credit India and a step-down wholly owned subsidiary of TVS Holdings after the deal closes. The move will help the group expand into a "complementary secured and longer-tenure lending segment" and strengthen its position in India's financial services sector, the company said.
Softer inflation trips rate hike forecasts, RBI hold more likely
Standard Chartered Bank had already withdrawn its August rate hike forecast following the last policy review. ET’s interactions with bank economists and a review of research reports show that most institutions now expect the RBI to remain on hold through FY27, while some believe any rate hikes would be back-ended later in the year as the central bank prioritises growth over inflation management.
Stock Radar: Chalet Hotels stock breaks out from Ascending Triangle pattern; time to buy?
Chalet Hotels stock has broken out from an ascending triangle pattern. Experts suggest short-term traders can buy the stock for higher targets. The stock previously hit a high of Rs 1,080 but then declined significantly. It has since formed a strong base and rallied over 16% in three months. Sustaining above Rs 845 could lead to further price appreciation.
Nasdaq 100 price swings leaves analysts on Wall Street worried
A similar trend was observed by BTIG Chief Market Technician Jonathan Krinsky, who observed the Philadelphia Semiconductor Index (SOX) had seen at least 15 up or down moves of at least 3% in the last 30 days, a streak last seen in 2000.
US chip stocks fall up to 9% in another round of selling even as Dow and peers gain
Barring Nvidia, which ended above the flat line on Wednesday, shares of AMD, Micron, Intel, Sandisk, Western Digital and the ADRs of South Korea's SK Hynix, fell between 3.5% to 9% in mid-week trading.
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analysts
The hope for the bulls at this point of time is that the market stays in a stock-specific mode. So, if a company announces Q1 FY27 numbers that are better than expected (or there is a structural improvement in the operating matrix of that company) the street reacts positively. If that is the case, it is probably a good sign for inflows that are critical for the market.
Powerica wins 100 MW wind project bid from SECI at ₹3.85/unit tariff
Shares of Powerica Ltd ended at ₹575.30, up by ₹8.80, or 1.55%, on the BSE.
Govt to pump ₹200 crore into Ather as EV maker raises fresh funds
The government-backed India-Japan Fund will invest nearly ₹200 crore in Ather Energy as part of the electric scooter maker's ₹1,200-crore preferential fundraise, with Hero MotoCorp and the company's founders contributing the remaining amount.
Ather Energy launches QIP to raise up to ₹1,300 crore; sets floor price at ₹1,170
Ather Energy launched a ₹1,300 crore QIP at a floor price of ₹1,169.70 per share. Proceeds will fund debt repayment, R&D, and marketing.
Angel One Q1 Results: Net profit doubles to Rs 231 crore
In the June quarter, Angel One reported impressive financial growth, with consolidated profit after tax soaring to Rs 231.4 crore, more than doubling year-on-year. The company experienced a robust 25.4 percent increase in total income, reflecting its expanding influence in the market. Additionally, its client base surged to 3.86 crore, prompting the declaration of an interim dividend of Re 1 per equity share.
Ahead of Market: 10 things that will decide stock market action on Thursday
Indian equities ended marginally higher after surrendering most intraday gains. Softer US inflation data supported sentiment, while elevated crude prices, West Asia tensions and mixed sector performance kept markets volatile. Analysts expect Nifty to remain range-bound unless it breaks above 24,350.
From Meta to IBM: The biggest one-day stock crashes that rocked Big Tech
IBM's record 25% plunge is among the largest single-day declines ever for a major tech company, alongside historic sell-offs in Meta, Intel and Nvidia triggered by earnings shocks and AI-related concerns.
ONGC-NTPC-backed Ayana bags 50 MW wind power project from SECI
Ayana Renewable, owned by ONGC NTPC Green, secured a 50 MW wind project at a tariff of ₹3.85 per unit under SECI's latest competitive bidding round.
Exide Industries invests ₹100 crore in EESL to fund lithium-ion cell manufacturing project
Shares of Exide Industries Ltd ended at ₹419.20, up by ₹0.050, or 0.012%, on the BSE.
Sebi tightens conflict safeguards with recusal framework
In a significant move, SEBI has established a formal framework for recusal among its senior officials. This code mandates that officials withdraw from matters where conflicts may arise, including personal, professional, and financial interests. Additionally, the regulator will keep digital records of recusals, ensuring that annual data is made available to the public for enhanced transparency.
Market Pulse: Key triggers to watch before the July 16 trading session
Fresh US strikes on Iran could keep oil prices elevated and add pressure on the global and Indian economy, with benchmark Brent crude advancing towards $85 a barrel. Indian investors will track the stock market reaction to MRPL, Angel One, HDFC Life Insurance, HDB Financial Services, Jana Small Finance Bank and Himadri Specialty Chemical, which announced their Q1 FY27 results after market hours on Wednesday. Meanwhile, Wipro, Jio Financial Services, Bharat Heavy Electricals and Tech Mahindra are scheduled to announce their Q1 FY27 results tomorrow.
GTPL Hathway Q1 Results: Net profit slumps 78% despite 12% revenue growth
Shares of GTPL Hathway Ltd ended at ₹64.48, up by ₹2.00, or 3.20%, on the BSE.
Market Trading Guide: Inox India among 2 stock recommendations for Thursday
while the Fed maintained its focus on price stability without turning more hawkish. Q1 earnings remained the key domestic catalyst, though higher crude prices due to West Asia tensions capped gains and triggered profit booking.
FIIs extend selling streak with ₹736 crore outflow as DIIs stay buyers
Exchange data showed FIIs bought shares worth ₹13,207.46 crore and sold ₹13,943.29 crore during the session. DIIs bought equities worth ₹16,226.42 crore, while their sales stood at ₹15,521.49 crore.
ICICI Lombard Q1 Results: Profit falls 46% on commercial insurance slowdown, higher claims
ICICI Lombard reported a dramatic forty-six percent drop in profit for the first quarter, attributed to a downturn in commercial insurance and heightened claims payments. Despite these challenges, demand for retail health insurance remains strong, and motor insurance exhibited notable growth. The company faced two significant fire insurance losses and increased motor insurance reserves, contributing to a nearly twenty-one percent rise in claims paid, thus impacting overall profitability.
Two Trades for Today: A private sector bank for a 8.7% rise, a mid-cap auto ancillary stock for a gain of almost 6%
Our technical analysts identify select stocks every trading day that may gain momentum even in volatile markets. Here are the technical calls for today.
India markets regulator tightens conflict safeguards with recusal framework
SEBI introduced a recusal framework for senior officials to avoid conflicts of interest, requiring disclosure of assets and recusals, and allowing public flagging of potential conflicts.
Stocks to Watch for July 16: ICICI Lombard, MRPL, HDFC Life and more
From Himadri Speciality and Angel One reporting their Q1FY27 results to agrochemical company India Pesticides receiving Technical Equivalence (TEQ) approval in the European Union; here are stocks to track ahead of Thursday trading session.
MRPL Q1 Results: Back in the black with ₹946 crore profit as margins improve sharply
MRPL returned to profit in the June quarter, driven by stronger refining performance and improved operating margins. The ONGC subsidiary also advanced key infrastructure projects and strengthened its sustainable aviation fuel ambitions.
SBI, Dabur and more: These 10 listed companies are older than independent India
From businesses founded under colonial rule to companies that helped shape modern India's economy, these listed firms have evolved across generations. Here's a look at 10 of the country's oldest listed companies, ranked by their founding year.
ICICI Lombard Q1 profit drops 46% as one-off hit overshadows premium growth
The insurer's premium income rose nearly 16%, but profitability came under pressure as claims, expenses and exceptional items weighed on the bottom line.
Kiran Mazumdar-Shaw says Biocon succession is in place, bets on India's biopharma boom
Biocon founder Kiran Mazumdar-Shaw says the company's succession plan is firmly in place and expects India's biopharma sector to see a major breakthrough over the next five to ten years, urging the industry to take bigger risks and invest aggressively in emerging technologies.
Network18 Q1 Results: Fourth straight quarter of growth, Ad volumes outperform industry
Total views across social platforms crossed 32 billion during the quarter, rising 31% quarter-on-quarter, while the Network18’s social media footprint crossed 472 million followers.
RBI approves appointment of Rajiv Kumar as part-time chairman of HDFC Bank
RBI approved Rajiv Kumar as HDFC Bank's part-time chairman for three years, effective July 15, 2026. He is a former Chief Election Commissioner.
Union Bank Q1 Results: Profit rises over 27% to Rs 5,641 crore
Union Bank of India achieved a remarkable 27.5% surge in its net profit for the June quarter. The bank experienced a subtle rise in net interest income, alongside a slight enhancement in margins. Additionally, the bank attracted deposits from overseas locations like Australia and the UAE through a specialized RBI window. Both global and domestic deposits increased, with a significant growth in low-cost CASA deposits as well.
Nifty Outlook For July 16: Two factors that are keeping markets on the edge
During the 24-hour period between Friday market close and Saturday evening, at least 35% of the Nifty 50 weightage will be reporting its quarterly results, starting with Reliance Industries on Friday evening and then the big banking Saturday
Morgan Stanley likes these stocks heading into second-quarter earnings
This week, 28 companies in the S&P 500 will report earnings, including the big banks on Tuesday. The beginning of earnings season comes as stocks remain within striking distance of their June all-time highs, with the broad-market index trading above 7,500 on Tuesday.
Warren Buffett tells CNBC he initiated Berkshire's Alphabet investment
Warren Buffett said he personally initiated Berkshire Hathaway's investment in Alphabet, clarifying that while new CEO Greg Abel now has the final say on investments, the two continue to make major decisions together.
Sai Silks Kalamandir Q1 Results: Net profit falls 15% to ₹26 crore as revenue slips 1%
Shares of Sai Silks (Kalamandir) Ltd ended at ₹96.75, down by ₹2.50, or 2.52%, on the BSE.
US stock market: S&P 500 futures edge higher, gains capped by West Asia tensions
US stock futures rose on July 15, driven by ASML's raised sales forecast and AI optimism. Gains were limited by renewed US strikes on Iran, impacting oil prices.
This AI chipmaker is a double in three months. UBS sees more momentum ahead
Advanced Micro Devices is likely to appreciate further as its semiconductor chip businesses expand and attracts more customers, according to UBS.
Himadri Speciality Q1 profit rises 26% on record revenue as company expands into advanced carbon materials
Himadri Speciality Chemical reported its highest-ever quarterly revenue and a 26% rise in profit for the June quarter. The company also announced new investments in carbon nanotubes and speciality carbon black to expand its advanced materials business.
Angel One Q1 profit doubles as revenue jumps 25%, margin improves sharply
Angel One reported a strong June quarter, with net profit more than doubling and operating margins expanding sharply. Growth was supported by higher revenue, a record client funding book and strong traction across lending and wealth management.
Should AI companies be allowed to write the rules that govern them?
Google DeepMind CEO Demis Hassabis wants governments to create an AI watchdog, but critics argue letting AI companies shape future regulations could give the industry's biggest players even more power.
NCDEX to roll out Guar Korma futures from July 24
NCDEX will launch Guar Korma futures on July 24, giving exporters, processors and feed manufacturers a SEBI-regulated platform to hedge price risks. The contract completes the exchange-traded guar derivatives ecosystem, improves price discovery and is expected to support India's export-driven guar industry amid volatile global feed markets.
'This has to stop': Former tech CEO lashes out at AI-led tech layoffs
Former HCL Technologies CEO Vineet Nayar believes the industry's response is fundamentally flawed. Instead of resorting to mass layoffs, companies should use AI as an opportunity to reinvent themselves and invest in new businesses, he said in an interview with CNBC-TV18's Young Turks Reloaded.
India Pesticides gets EU approval for fungicide product, eyes export market expansion
Shares of India Pesticides Ltd ended at ₹156.25, up by ₹0.75, or 0.48%, on the BSE.
Nifty to hit 27,000 in one year? PL Capital says Middle East crisis, El Nino can play a spoil sport; names 15 top picks
PL Capital has raised its one-year Nifty 50 target to 27,019, implying over 12% upside, while warning that the escalating West Asia conflict and a potential super El Niño could fuel inflation and hurt growth. The brokerage remains stock-specific and has identified 15 preferred large- and mid-cap picks.
Market wrap: Eternal, UltraTech Cement among top gainers and losers on Nifty and Sensex today
Indian equities ended marginally higher after surrendering most intraday gains amid volatile trading. Geopolitical tensions, elevated crude prices and rupee weakness kept sentiment cautious, while analysts expect Q1 earnings and key US economic cues to drive near-term market direction.
Sun Pharma among 5 stocks that hit 52-week highs & rallied up to 20% in a month
On Wednesday, the benchmark Sensex advanced 130 points to settle at 77,185. Amid the broader market strength, five stocks from the BSE 200 index climbed to their respective 52-week highs, marking their highest levels in the past year. A stock hitting a 52-week high is generally considered a bullish technical indicator, reflecting strong buying interest, improving investor sentiment, and the potential for continued upward momentum.
Which cement stocks to bet on ahead of earnings?
India's cement demand is expected to remain strong in the June quarter, but rising fuel and operating costs are likely to offset higher prices, limiting profit growth for many companies, according to Jefferies.
HDB Financial Services Q1: Net profit surges 38% on higher NII growth, asset quality improves
Shares of HDB Financial Services Ltd ended at ₹751.95, down by ₹8.00, or 1.08%, on the BSE.
HDB Financial Q1 Results: Profit jumps 38% YoY to Rs 785 crore, NII up 20%
HDB Financial Q1 Results: Net interest income rose 20% to Rs 2,509 crore from Rs 2,092 crore a year earlier. Net total income increased 17% to Rs 3,185 crore from Rs 2,726 crore in the year-ago quarter.
HDFC Life Q1: VNB, margins beat Street, while premium growth trails estimates
HDFC Life delivered a steady June quarter, with value of new business and margins beating CNBC-TV18 estimates despite moderate premium growth. The insurer also reported strong momentum in its protection business and continued improvement in customer acquisition.
Explained - The next big earnings risk for PSU banks and why Jefferies prefers private lenders
Staff costs across PSU banks increased 22% between financial year 2023 and 2025. However, SBI saw a relatively lower increase of 12%, which Jefferies attributes to more conservative provisioning.
Jana Small Finance Bank Q1: Net profit jumps 52% as NIM improves to 7.5%, loan book grows 26%
Shares of Jana Small Finance Bank Ltd ended at ₹491.25, up by ₹1.30, or 0.27%, on the BSE.
IBM sees worst one-day stock crash in 60 years: Five reasons behind the massive sell-off
IBM shares plunged 25 per cent in their worst one-day fall in nearly 60 years after the company cut its outlook, blamed missed deals and said customers are shifting technology spending towards AI infrastructure and cybersecurity
HDFC AMC Q1 Results: Net profit rises 12% to Rs 837 crore, revenue up 14%
HDFC Asset Management Company reported a 12% rise in Q1 FY27 net profit to ₹837 crore, supported by higher revenue and asset growth. Quarterly average AUM climbed 13% year-on-year, while shares gained over 2% after the earnings announcement.
TVS Holdings arm Home Credit India to acquire Varthana Finance for ₹967 crore
Shares of TVS Holdings Ltd ended at ₹14,019.95, up by ₹6.30, or 0.045%, on the BSE.
Gold price falls below ₹1.42 lakh per 10 grams on MCX; silver extends losses
Gold, silver prices fall on weak US inflation data, Mideast tensions. MCX gold down 0.69%, silver also drops.
Why did Sensex, Nifty end higher today? Banks, autos and cement stocks explain the rally
The Sensex rose 130 points to close at 77,185, while the Nifty gained 26 points to settle at 24,079, extending its hold above the 24,000 mark. Market breadth remained positive, with advances outnumbering declines.
'We faltered, did not move quickly:' How IBM CEO Arvind Krishna's statement led to $70 billion wipeout
IBM shares rebounded nearly 2% in premarket trade after plunging 25% in their worst single-day fall in 58 years, wiping out nearly $70 billion in market value. The selloff was triggered by weaker-than-expected preliminary Q2 results and concerns that customers are shifting spending from IBM's traditional businesses to AI infrastructure.
Reliance Industries Q1 Preview: Stronger O2C, consumer businesses to lift earnings
According to the CNBC-TV18 poll, Reliance is expected to report revenue of ₹3.05 lakh crore for the June quarter, up 3.7% sequentially from ₹2.94 lakh crore. Net profit is projected to rise 9.8% sequentially to ₹18,628 crore from ₹16,971 crore in the March quarter.
ICICI Pru Life Q1 Result: Net profit jumps 28% YoY to Rs 386 crore
ICICI Prudential Life Insurance reported a twenty-eight percent net profit increase. Net premium income rose to nine thousand seven hundred forty-nine crore rupees. New business premium grew by twenty-one percent, and policy numbers also increased. Total revenue reached twenty-eight thousand three hundred ninety-five crore rupees. The company proposed changing its name to ICICI Life Insurance Ltd.
HDFC AMC Q1 Results: M2M gains aid bottomline, margins dip on higher expenses
HDFC AMC's expenses increased to ₹274 crore from ₹215 crore a year earlier, led by higher employee benefit expenses of ₹144 crore compared with ₹109 crore in the corresponding quarter last year. Other expenses also rose to ₹103 crore from ₹84 crore.
Julius Baer prefers private banks over PSU lenders as margins improve
Nitin Raheja, Head of Discretionary Mandates at Julius Baer India, said the banking sector is well placed as the interest rate cut cycle appears to have bottomed out, helping net interest margins while credit growth remains strong. He expects foreign selling-led valuation corrections to create opportunities in private banks. Raheja also remains positive on pharmaceuticals across generics, APIs and CDMOs, sees limited downside in IT valuations, and prefers transmission infrastructure over renewable equipment makers. Disclaimer: The views and tips expressed by investment experts on CNBCTV18.com are their own, not of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Pakistan Stock Exchange plunges over 6,000 points as US-Iran conflict escalation rattles investors
Pakistan's benchmark KSE-100 index tumbled more than 6,000 points as escalating US-Iran military tensions in West Asia triggered panic selling across banking, energy and cement stocks
Ather Energy shares gain up to 10%; Board approves fund raise of up to ₹1,200 crore
Ather Energy promoters Swapnil Jain and Tarun Mehta held 5.03% stake each in the company. Promoter groups Jain Family Trust and Swapnil Jain Family Trust -- both represented by Jain -- held 0.17% stake each and the Mehta Family Trust and Turn Swarna Family Trust -- both represented by Mehta -- held 0.15% and 0.14% stake, respectively.
Nuvoco Vistas shares up 20% in two sessions after best day on record; Here's what is driving the gains
More than 75% of Nuvoco's business comes from East India, while for Dalmia Bharat, Shree Cement, Ramco Cement and Birla Corp, the figures stand at 40%, 25%, 20% and 10% to 15% respectively.
Mukul Agrawal trims stake in this smallcap infra firm, likely exits Surya Roshni in Q1. Do you own?
Ace investor Mukul Agrawal trimmed his stake in J Kumar Infraprojects and is likely to have exited Surya Roshni during the June quarter, according to the latest shareholding disclosures. While he reduced his holding in the construction company, his name no longer appears among Surya Roshni's key shareholders, indicating his stake has likely fallen below the disclosure threshold.
Apollo Micro Systems bags ₹134 cr defence orders from DRDO, Navy and PSUs
Apollo Micro Systems has secured fresh orders worth ₹134 crore from DRDO, the Indian Navy, defence PSUs and other clients, strengthening its order book as the company expands its footprint across India's defence manufacturing ecosystem.
Tech Mahindra Q1 Preview: Will the IT company surprise investors with its earnings?
Tech Mahindra is expected to post modest June-quarter revenue growth, led by continued strength in its telecom business, while margins are likely to improve on cost optimisation. Investors will closely track management commentary on AI strategy, telecom demand, large deal execution, BFSI recovery and progress towards its FY27 margin target.
Raymond Realty enters South Mumbai with ₹8,500 crore Parel project
The joint development agreement marks the company's first residential project in South Mumbai and its eighth in Mumbai, extending its asset-light expansion strategy while making the Parel development its largest project outside the Thane land parcel.
NSE partners with Augmont to deepen electronic gold market, reduce reliance on imports
The National Stock Exchange (NSE) has partnered with Augmont Enterprises to boost the adoption of Electronic Gold Receipts (EGRs), aiming to build a deeper and more liquid spot gold market in India. The collaboration seeks to formalise the country's vast household gold holdings by enabling investors to trade, lend and redeem physical gold through a regulated exchange framework, while improving liquidity, price discovery and market efficiency.
Dolly Khanna portfolio rejig: Ace investor likely exits 2 stocks, pares holding in Prakash Industries in Q1
Ace investor Dolly Khanna likely exited Rain Industries and Sharda Cropchem during the June quarter after strong gains of up to 42% this year, while trimming her stake in Prakash Industries, according to the latest shareholding data.
ICICI Prudential Life Q1 new business premium rises 21%; VNB grows 25%
ICICI Prudential Life reports strong Q1 FY27 growth: NBP up 21.3%, VNB rises 24.9%, VNB margin improves to 26.7%.
Pidilite shares gain as HSBC sees strong earnings visibility, long-term growth
HSBC believes Pidilite's durable competitive advantages provide greater earnings visibility and sustainable growth, justifying a valuation premium over peers in the consumer staples and building materials sectors.
China’s Q2 GDP growth hits slowest pace since 2022 as economic recovery loses steam
China’s Q2 GDP growth slowed to 4.3 per cent, the weakest pace since late 2022, as weak domestic demand, a property downturn and global oil shock pressures weighed on economic recovery
India gets relief as US Senate cuts proposed Russia sanctions tariff from 500% to 100%
India gets a breather as US senators revise a Russia sanctions bill, cutting the proposed tariff on major buyers of Russian energy from 500 per cent to 100 per cent while retaining pressure on Moscow
For investors with high risk-appetite: 5 mid-cap stocks from different sectors with upside potential of up to 21%
Brace for trouble. The US-Iran conflict now appears to be gaining in intensity and the commodities market is taking the current spiral of violence seriously. Brent crude, which was in the mid-$70s to the barrel a week back, has climbed to the mid-$80s. And that is bad news for the Indian stock markets. Nothing causes greater anxiety to the markets than rising oil prices.
Steel Strips Wheels jumps 12% after Q1 profit rises 47%, margin expands
Steel Strips Wheels shares jumped over 12% after the company reported a strong June-quarter performance, with profit rising 47% and revenue growing 27% year-on-year.
NSE partners with Augmont to expand Electronic Gold Receipts market in India
NSE and Augmont Enterprises collaborate to develop India's Electronic Gold Receipts (EGR) ecosystem, aiming to boost liquidity and participation in the dematerialised gold trading market.
Patanjali Foods shares crash 20%, stock nearly halves in value in one year. What's ahead?
Patanjali Foods shares plunged 20% to a fresh 52-week low, extending their decline to nearly 50% from last year's peak. While the company said there were no material developments behind the sharp fall, technical analysts warned of further downside, with the next key support seen in the Rs 325–330 zone.
Union Bank Q1 Results: Core income grows 10% with stable asset quality, NIMs expand
Asset quality also improved sequentially. Gross non-performing assets (GNPA) eased to 2.65% from 2.82% in the March quarter, while net NPA (NNPA) declined marginally to 0.47% from 0.48%.
HDFC Bank, SBI, other stocks jump up to 2%; Nifty Bank gains 560 points. What lies ahead?
Banking stocks rallied up to 2% on Wednesday, lifting the Nifty Bank index as investors positioned themselves ahead of a crucial round of Q1 earnings from major private lenders this weekend. Brokerages remain constructive on the sector, citing improving fundamentals, resilient loan growth and stable asset quality, while cautioning that pressure on net interest margins could weigh on near-term profitability.
Bajaj Finserv AMC bets on pharma, metals as market broadens
Nimesh Chandan, CIO at Bajaj Finserv AMC, remains positive on pharmaceuticals, real estate, metals, financials and consumer discretionary while maintaining a selective underweight stance on IT. Chandan also expects exports and manufacturing to gain from free trade agreements and a weaker rupee.
Q1 results today: HDFC Life Insurance, HDB Financial, Jana SFB, ICICI Prudential among 43 companies to report earnings
The June quarter earnings season gathers pace with 43 companies, including HDFC Life Insurance, HDB Financial Services, Jana Small Finance Bank and ICICI Prudential Life Insurance, set to report results today. Around 143 companies will announce earnings this week, with investors tracking corporate performance, demand trends and sectoral outlooks.
Fedbank Fin Services Q1 Results: Profit jumps 52%, AUM grows 35% on strong gold loan momentum
Fedbank Financial Services reported a return on assets (RoA) of 2.6% and a return on equity (RoE) of 15.4% during the quarter. Its cost-to-income ratio improved to 52.8% from 56.9% in the preceding quarter and 58.2% a year ago, while the capital adequacy ratio stood at 20.7%.
Groww shares gain 8% on strong Q1 earnings, net profit jumps 94% to Rs 735 crore
Billionbrains Garage Ventures shares surged after reporting strong Q1 FY27 earnings. The company posted a consolidated net profit of Rs 735 crore, up 94.44% year-on-year. Revenue from operations also rose significantly, driven by traction in newer products. Groww retained its position as India's largest direct mutual fund distribution platform. The company added net clients and expanded market share across key segments.
India-UK FTA comes into effect — Here are the stocks that are in the spotlight
The India-UK free-trade agreement (FTA) comes into effect and it is expected to increase the annual bilateral trade by $120 billion. This includes tariff cuts, improved mobility and market access guarantees. The average tariff on UK imports will drop from 15% to 3%. As much as 99% of the exports to the UK will now enjoy zero-duty access.
Explained: Why is stock market rising today even as Iran-US war escalates, oil prices cross $85
Indian equities rallied on Wednesday despite escalating Iran-US tensions and Brent crude crossing $85 a barrel, as investors bet the conflict will remain contained and global risk appetite improves on softer US inflation. Financial stocks led the gains, though analysts cautioned that geopolitical risks, inflation and oil prices remain key headwinds.
India-UK FTA kicks in today: Nearly 99% of Indian exports get duty-free access to UK market
India-UK FTA comes into force, giving nearly 99 per cent of Indian exports duty-free access to the UK market while reducing costs for Indian professionals through a social security agreement
IIFL Capital prefers mid-cap IT over large caps in AI era
Artificial intelligence is likely to reshape India's information technology sector far more rapidly than many investors expect, according to GV Giri, President and Head of Research – Institutional Equities at IIFL Capital Services. While the first-quarter earnings have not yet reflected the full impact, he believes the pressure on traditional IT services companies will become more visible over time. Giri expects mid-sized IT companies to be better placed than larger peers as the industry adapts to new technologies and changing client requirements. He said firms such as Persistent Systems and Coforge remain his preferred picks within the sector. According to him, large IT companies face multiple challenges at the same time. Besides adapting their business models to the AI era, they also have to protect operating margins and deal with increasing competition from smaller, specialised technology firms that are building domain-specific products.
Anupam Rasayan signs potential ₹2,885 crore supply pact with Spanish battery maker
The speciality chemicals maker said the proposed engagement is for potential cumulative revenue of approximately ₹2,885 crore ($300 million) over a period of up to 10 years.
Patanjali Foods shares fall nearly 20%, the most in six years; Check latest shareholding
Among large shareholders, Life Insurance Corporation of India (LIC) holds over 9% stake, while GQG Partners has a 2.89% stake in Patanjali Foods as on June 30. In fact, over the last five quarters, GQG Partners' stake in Patanjali Foods has been on the decline. GQG Partners had a 4.56% stake in the company as of June 2025.
Groww Q1 Results: Net profit spikes 94% YoY to Rs 735 crore, revenue jumps 66%
Billionbrains Garage Ventures, Groww's parent, posted a Rs 735 crore net profit. This marks a substantial 94.44% year-on-year increase in earnings. Groww's revenue from operations also saw a sharp 66% rise. The company's revenue reached Rs 1,504 crore in the first quarter. Net profit grew seven percent sequentially to Rs 735 crore.
India bans imports of goods made using forced labour, strengthens trade rules as US tariffs loom
India prohibited the import of goods produced using forced labour, a move aimed at tightening trade rules and addressing concerns raised by the United States ahead of a possible tariff action against countries accused of failing to prevent such imports
ASML raises full-year outlook as Dutch chipmaker gets boost from AI demand
ASML raised its annual sales forecast due to surging AI spending. The company, crucial for advanced chip production, saw strong demand and Intel Corp. began using its High NA machine.
SBI Funds Management IPO fully subscribed on Day 2, NII demand drives issue
SBI Funds Management IPO had been subscribed 1.13 times so far. The NII portion was booked 2.56 times, while the retail investor quota was subscribed 0.95 times. The qualified institutional buyers (QIB) segment saw a subscription of 0.08 times.
Kusumgar makes a stellar debut, lists at 37% premium. What should investors do now?
Kusumgar shares made a strong stock market debut, listing at a premium of nearly 37% over the IPO price after its public issue was subscribed almost 129 times. While brokerages remain positive on the company's long-term growth prospects in engineered fabrics and defence, experts have advised investors to hold the stock with a strict stop-loss and avoid fresh buying until valuations become more attractive.
Groww Q1 Results: Topline performance subdued but margins expand from previous quarter
Groww's revenue remained flat on a sequential basis at ₹1,501 crore compared to ₹1,505 crore in the March quarter. Net profit for the quarter grew by 7% to ₹735 crore from ₹686 crore last year.
Japan's economy shows mixed picture as factories stay strong but services slow
Japan's manufacturers remained optimistic in July due to strong semiconductor and AI demand, while service-sector confidence fell amid higher costs, a weak yen and geopolitical tensions
Hyundai Motor India shares gain 4% after Bank of America upgrade; Check target, upside
Bank of America went on to add that the new launches made by Hyundai Motor India are underappreciated by the street. The brokerage believes that the mid-SUV and the compact E-SUV can add more than 11.5 percentage points to the company's market share, with potentially more from MPV and hybrids after financial year 2027.
Sun Pharma shares gain after South Africa approval for generic semaglutide
South Africa is the second market after India where Sun Pharma has secured approval for its generic semaglutide. The drug has been approved for use as an adjunct to diet and exercise in adults with inadequately controlled Type 2 diabetes.
Landmark Cars shares rally upto 13% post Q1 business update, revenue jumps over 22%
Landmark Cars shares rallied after the company reported record Q1FY27 sales, driven by strong vehicle deliveries and robust demand. Healthy growth in after-sales revenue and improved BYD supplies further supported the performance, while upcoming model launches across brands are expected to sustain sales momentum.
Adani Ports shares get their highest price target from HSBC who projects a 21% upside
Adani Ports' targets for financial year 2031 are anchored by above-market organic domestic port growth, geared to containers and strong economics, according to the HSBC note.
India's disability economy could fuel jobs, innovation and a $150 billion market: Report
India could unlock a $150 billion disability-linked market by treating accessibility as an economic growth strategy, according to a Deloitte India-EnAble India report. The study says greater inclusion can drive jobs, innovation and productivity, while Chief Economic Adviser V. Anantha Nageswaran called the Purple Economy a major opportunity for businesses and policymakers
Ather Energy shares rally 6% after Hero MotoCorp approves Rs 1,000 crore additional investment
Ather Energy shares jumped on Wednesday after Hero MotoCorp approved an additional investment of up to Rs 1,000 crore in the EV maker through a preferential allotment, reaffirming its long-term commitment to the company.
India gets its first monthly Services Production Index; hospitality, retail lead April growth
MoSPI launches monthly Services Production Index to track formal services economy with 2024-25 as the new base year
Wipro Q1 Preview: Under pressure from AI, what can investors expect from earnings?
Wipro's Q1 earnings are expected to show a revenue rise, driven by acquisitions and currency. Core IT services revenue may decline sequentially, impacting overall profitability. Analysts anticipate margin pressure from wage increases and deal ramp-ups. Investors will focus on September quarter guidance and deal conversion rates. Management commentary on demand and AI strategy will be closely watched.
Ashish Kacholia cuts stake in two chemical stocks after 114% rally. What's driving the move?
Ace investor Ashish Kacholia has reduced holdings in two chemical stocks. Yasho Industries and Fineotex Chemicals saw stake reductions by the investor. This move occurred after substantial stock price rallies earlier this year. Supply chain issues and Chinese competition are impacting the chemical sector. Kacholia also reduced his stake in NBFC SG Finserve.
Tata Elxsi among 5 F&O stocks with a sharp rise in futures open interest
On July 14, there was a notable surge in futures open interest for five stocks in the NSE F&O pack, contributing to a total increase in open interest of over 11% as compared to the previous trade. A significant uptick in futures open interest signifies substantial growth in the number of active, unexpired futures contracts in a specific security. This uptrend reflects an increasing number of participants either initiating new positions or expanding the size of their existing positions within the futures market.
IDBI Bank shares jump 3% as Fairfax set to make biggest foreign investment in Indian lender, buy stake worth Rs 53,000 cr
Fairfax Holdings has been finalized for the IDBI Bank stake sale. This significant deal is expected to be worth approximately Rs 53,000 crore. The government plans to sell its stake, and LIC will also divest shares. Fairfax's offer of Rs 81 per share is higher than last year's bid. This transaction marks the largest foreign investment in an Indian bank.
Defence capex growth to stay strong, private players to gain share: Kotak Institutional Equities
Deepak Krishnan, Analyst at Kotak Institutional Equities, said the brokerage remains positive on the long-term outlook for the defence sector but believes stock prices already reflect much of the expected growth.
Tata Group stock falls 5% after Q1 results; Here's what is pressuring the share price
Tata Elxsi's EBIT margin contracted 340 basis points quarter-on-quarter to 21.2%, missing the Street estimate of 22%. The margin decline was primarily driven by large deal transition costs, customer-related expenses, investments in onsite sales and delivery capabilities, higher subcontracting costs, talent investments and certain one-time annual expenses.
Eternal, ICICI Bank, DMart among 9 largecap stocks with up to 34% upside. See full list
Domestic brokerage firm Axis has pegged the Nifty target for December 2026 at 27,220, an upside of 13% from current levels. It says the Indian economy remains well-positioned for sustained growth, acting as a relative safe haven amid global economic volatility. Here are 9 largecap stocks that the brokerage is bullish on.
Bonus issue alert! Last day to buy this microcap pharma stock that rallied 200% in one year
Fredun Pharmaceuticals has fixed July 16 as the record date for its 2:1 bonus issue, making today the last day to buy the stock to qualify. The microcap pharma stock has surged nearly 200% over the past year and 84% in 2026, reflecting strong investor interest and robust business momentum.
Just 2% return! Will SBI Funds Management break the curse of India's poor billion-dollar IPO record?
India's large IPOs have shown mixed investor returns, with many billion-dollar offerings underperforming. SBI Funds Management's IPO will now test this trend with its strong financials. Analysis shows eight of thirteen large IPOs are trading above their issue prices. However, several major offerings like New India Assurance have seen significant losses. The success of SBI Funds Management's IPO hinges on future earnings growth supporting its valuation.
July Fed rate hike off the table after softer June CPI: Ed Yardeni
While the central bank is expected to keep its restrictive policy stance until inflation returns to its 2% target, Ed Yardeni, President of Yardeni Research, said softer CPI data has reduced the case for another rate hike. He also said AI-driven productivity could help support economic growth while easing inflation over time.
Signature Global shares gain after Q1 pre-sales rise 25% sequentially but other parameters drop
Signatureglobal India's average sales realisation increased to ₹17,093 per square feet in the first quarter from ₹15,250 per square feet in the same quarter last year.
Nuvoco Vistas shares soar 10% after strong Q1. Why Nomura, Choice see up to 47% upside?
Shares of Nuvoco Vistas surged after the cement maker reported a strong set of Q1 FY27 earnings, prompting multiple brokerages to reiterate bullish views. Analysts cited better-than-expected profitability, resilient pricing, cost discipline and capacity expansion plans as key drivers supporting further upside in the stock.
Kusumgar makes strong Dalal Street debut with over 36% listing gain
Kusumgar's ₹650-crore initial public offering (IPO), which was entirely an Offer for Sale (OFS), closed on July 10 with an overall subscription of 128.85 times.
Hero MotoCorp's decade-long bet on Ather Energy has already yielded a 6x return
Hero is not heading for the exit anytime soon. The latest ₹1,000 crore investment is proof of that and that it continues to have faith in the company even after the run-up seen in the Ather Energy stock this year.
101 equity mutual funds doubled money in 5 years; 4 did it in just 3. Should you invest now?
More than 100 Indian equity mutual funds doubled investors' money over five years, but experts caution against chasing past winners. While sectors such as defence, infrastructure and PSUs delivered stellar returns, recent performance has weakened. Fund managers recommend diversified equity funds over concentrated sector bets, citing attractive valuations and long-term opportunities despite near-term market volatility.
Explained: You can use crypto to trade commodities 24/7
Cryptocurrency technology enables round-the-clock trading of real-world assets like gold and oil. Learn more.
Tata Elxsi shares crash 6% after weak Q1 results. Why Motilal Oswal sees 16% downside from current levels?
Tata Elxsi shares fell despite reporting a strong June quarter, with net profit rising 18.2% YoY to Rs 170.6 crore and revenue increasing 14.5% to Rs 1,021.1 crore. The stock declined as investors appeared unimpressed despite healthy growth in profitability and operating margins.
Sensex jumps over 500 points, Nifty tops 24,150 led by financials; Mideast tensions cap gains
Indian stock markets opened higher on Wednesday, with Sensex and Nifty gaining ground. This rise followed a slowdown in US inflation, easing rate hike concerns. Asian Paints and Reliance Industries shares led the gains on the Sensex index. However, IT stocks like TCS and Infosys experienced a decline. The India VIX volatility measure saw a significant jump during the session.
Buy, Sell or Hold: Citi recommends buy on Divi’s Laboratories; downgrade HCL Technologies post Q1 results
Brokerages expressed caution on frontline IT stocks following June quarter earnings. Citi downgraded HCL Technologies to Sell, citing weak software business performance. Motilal Oswal maintained a Sell rating on Tata Elxsi due to margin pressures. Citi reiterated a Buy rating on Divi's Laboratories, seeing long-term growth potential. Analysts highlight slowing growth and expensive valuations across key segments.
Rupee edges up against dollar amid softer US inflation data
Indian rupee gains 3 paise against US dollar, supported by softer US inflation data. Crude oil prices remain a concern.
Ather Energy shares now up nearly 300% from IPO price; Hero Moto pumps another ₹1,000 crore
As of June 2026, Hero MotoCorp held a 29.5% stake in Ather Energy and is classified as part of the company's promoter group.
Here's what India's Mutual Funds bought and sold in June
India's Mutual Funds doubled down on financial services names in the month of June, according to data from Prime Infobase, while trimming their stakes in multiple capital goods names along with other stocks. CMR Green Technologies, among the new IPOs, also features in most Mutual Funds' shopping list. Here's a look at what these fund house buy and sell last month.
L&T Tech shares in focus as Q1 net profit rises 13%; Nomura, Nuvama, other brokerages revise target prices
L&T Technology Services reported a nearly 13% profit increase for the April-June quarter. Revenue from operations also saw an 11.5% year-on-year rise during the same period. The company secured several significant orders, boosting its business pipeline. Analysts provided mixed target price adjustments while maintaining their ratings on the stock. L&T Tech shares have experienced recent fluctuations in their market performance.
ETMarkets Smart Talk | Tier III India is creating the next wave of millionaires: Centrum Wealth CEO Sandeep Das
Wealth creation is expanding beyond metros into smaller cities. Family offices are growing significantly, managing wealth more formally. Cross-border investing is increasing for both NRIs and resident Indians. Technology and AI are enhancing personalized client engagement and efficiency. Trust and human judgment remain central to advisory services.
Zensar Tech among 4 stocks that closed crossing below VWAP
On July 14, the closing prices of four Nifty500 stocks dropped more than 2% relative to the VWAP (Volume Weighted Average Price). A shift below the VWAP suggests a potential bearish trend, according to stockedge.com's technical scan data.When the closing price falls below the VWAP, it signifies that the closing price is lower than the average price at which it was traded throughout the day, with the average being weighted by trading volume. This can be seen as a potential indication of increased selling pressure.
Zensar Tech among 4 stocks that closed crossing below VWAP
VWAP: Rs 707.34 | LTP: Rs 686.05
Concor among 4 stocks flashing bullish signals, hinting at a possible uptrend
On July 14, four stocks in the Nifty500 appeared on the 'White Marubozu' bullish scanner, according to StockEdge's technical scan data. A White Marubozu is a bullish candlestick pattern in technical analysis that occurs when the opening price is the lowest for a given period, and the closing price is the highest.Represented by a long white (or green) candlestick with no upper shadow and a small or nonexistent lower shadow, it indicates strong buying pressure throughout the session. Traders interpret it as a signal that buyers were in control from the opening to the closing, often using such patterns to assess the potential continuation of upward momentum.
Explained: Why TCS, Infosys, Wipro & other IT stocks may tumble after IBM's historic 25% plunge
Indian IT stocks such as TCS, Infosys, Wipro, HCLTech, Tech Mahindra, Persistent Systems and Coforge may face selling pressure after IBM plunged 25% in its steepest-ever one-day fall on weak preliminary quarterly results. The negative sentiment spilled over to US-listed Indian IT firms, with Infosys and Wipro ADRs falling up to 4%, while global software peers also declined.
Biocon among 4 stocks showing bullish RSI upswing
On July 14, four stocks from the Nifty500 segment 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 lower levels. “RSI trending up” indicates that Relative Strength Index (RSI) values are rising, suggesting strengthening momentum in the stock’s price action. This can indicate potential upward movement and is often used by traders to identify buying opportunities in momentum-driven markets.
Biocon Bull vs Bear: Bernstein sees downside, DAM Capital says overhang gone
While the block deal removed a long-standing overhang on the stock, brokerages remain divided on Biocon's outlook, with Bernstein maintaining a cautious stance and DAM Capital turning more optimistic.
US inflation cools to 3.5% in June, biggest monthly CPI drop since 2020 lifts Wall Street
Cooling inflation boosts hopes of a Fed pause as consumer prices post the biggest monthly decline since May 2020.
Stocks to buy in 2026 for long term: HCL Tech, Indian Hotels among 5 stocks that could give 10-20% return
Brokerage firms remained positive on a host of stocks following their latest earnings updates, reiterating their confidence in companies with strong fundamentals and healthy growth prospects.We have collated a list of recommendations from top brokerage firms from ETNow and other sources:
You can’t spell chai latte without AI. That will hurt India
The AI adoption craze is looming over what’s promising to be another lackluster earnings season for IT services exporters. Last week, Tata Consultancy Services Ltd., the biggest among them, reported 0.4% growth in revenue over the previous three months after stripping out currency fluctuations, the slowest expansion in a year.
Kusumgar shares set to make market debut today; GMP hints at 39% listing premium
Market participants estimate the Kusumgar IPO's grey market premium at around Rs 162, or nearly 39% above the upper issue price of Rs 419 per share. This implies an estimated listing price of about Rs 581.
Q1 Results LIVE Updates: LTTS, Tata Elxsi react to results; HDFC Life and AMC, Groww report today
Q1 Results LIVE Updates: Life insurance and asset management companies (AMC) such as HDFC Life, HDFC AMC, ICICI Prudential Life, ICICI Lombard, lenders Union Bank, Jana Small Finance Bank, and brokers Groww and Angel one are reporting their earnings today. On the other hand, stocks like L&T Technologies, Tata Elxsi, and Anand Rathi Shares & Stock Brokers, will be reacting to their results today. Watch this space for all the live earnings update.
Negative Breakout: These 12 stocks cross below their 200 DMAs
In the Nifty500 pack, 12 stocks' closing prices crossed below their 200 DMA (Daily Moving Averages) on July 14, according to stockedge.com's technical scan data. Trading below the 200 DMA is considered a negative signal because it indicates that the stock's price is below its long-term trend line. The 200 DMA is a key indicator traders use to determine the overall trend in a particular stock. Take a look:
Gold, silver prices ease as softer US inflation tempers safe-haven demand
Gold and silver prices fall as weaker US inflation data boosts risk appetite, reducing Fed rate hike expectations.
Indian Gas Exchange files IPO papers as parent IEX looks to pare stake
The proposed IPO will be entirely an offer for sale (OFS), with parent Indian Energy Exchange (IEX) planning to sell up to 1.67 crore shares. Since the issue does not include a fresh equity component, IGX will not receive any proceeds from the offering.
India's net direct tax collections rise 16.4% to Rs 6.51 lakh crore by July 13
Strong growth in corporate and non-corporate tax collections offsets higher refunds, indicating resilient economic activity and improving tax compliance in the early months
Pre-market action: Here's the trade setup for today's session
Domestic equities closed lower on Tuesday, with the Nifty declining 0.7 percent. Rising crude oil prices and fresh foreign investor outflows weighed on sentiment. Global markets also showed weakness, adding to market volatility during the derivatives expiry. Analysts anticipate sideways trading with some volatility due to geopolitical tensions. Investors will monitor key global macro data and earnings for stock-specific action.
Lessors move to reclaim SpiceJet aircraft as fresh challenges mount
The Directorate General of Civil Aviation (DGCA) has accepted an IDERA request to deregister four SpiceJet aircraft, marking another setback for the financially stressed airline.
Bank of America says investors are too bullish so forget about summer market upside
Strategist Michael Hartnett worries the sheer level of optimism is a contrarian sell signal, saying investors should reduce their exposure to stocks.
Earnings season plays: Profit expectations are growing for these stocks while their valuations get cheaper
Investors can find opportunities in stocks where declining share prices are pushing valuations below their historical average.
LTTS shares in focus: Motilal Oswal seeks consistent deal execution before turning positive
While management commentary has become more constructive, Motilal Oswal said it would like to see a few more quarters of consistent deal conversion and execution before turning more positive on the company's growth trajectory.
Stocks in news: Groww, Delhivery, Infosys, Wipro, IDBI Bank, Tata Elxsi
Markets traded under pressure amid renewed geopolitical concerns on Tuesday. Several companies like Groww and Infosys will be in focus today. Anand Rathi Share reported a significant profit rise for the June quarter. IDBI Bank clarified reports regarding a potential Fairfax Financial offer. Tata Elxsi announced an 18.2% profit increase supported by strong tech spending.
Asian shares rise post soft US CPI data, Kospi up 6%
The MSCI's Asia Pacific equities gauge was up 1.2%. South Korea's Kospi index was up over 6%. Shares in Japan and Australia rose as well.
Oil prices continue to gain as Trump threatens more strikes on Iran
Brent increased towards $86 a barrel after rising 11% in the preceding two sessions. Meanwhile, West Texas Intermediate was above $80 a barrel.
Each of Vedanta’s five demerged entities can become worth $100 bn: Anil Agarwal
Vedanta's chairman sees five demerged entities reaching $100 billion valuations. The company plans significant production increases across aluminium, oil, and steel. Expansion targets are set for power generation and nuclear energy ventures. Vedanta also aims to boost zinc, lead, silver, and copper output significantly.
Net direct tax mop-up jumps 16% to Rs 6.5 lakh crore
India's net direct tax collections increased by 16.4 percent to ₹6.51 lakh crore. Corporate tax collections saw a significant 22 percent rise during this period. Non-corporate tax collections grew by 11.7 percent, showing broad-based growth. Refunds issued also increased by 14.6 percent compared to last year. These figures indicate robust revenue growth for the current fiscal year.
Life insurers seen posting mixed Q1, health players likely to outperform
Life insurers anticipate slower premium growth amid economic uncertainty and geopolitical tensions. Health insurers are poised for strong performance, driven by sustained demand and improved affordability. General insurers will likely face continued pricing pressures in motor and commercial insurance lines. Axis Max Life and SBI Life are projected to lead retail APE growth among private players. Star Health expects significant premium growth, benefiting from GST exemptions on health insurance.
India seeks diaspora dollars to strengthen forex reserves amid rupee weakness: Report
The government has asked state-owned banks to step up efforts to attract foreign currency deposits from overseas Indians as policymakers look to bolster external buffers and support the rupee, Bloomberg News reported
Sensex Today | Stock Market LIVE Updates: Nifty bulls aim to defend 24,000 again as earnings pick-up pace
Sensex Today | Stock Market LIVE Updates: Oil prices still remain above $80, even though they are off Tuesday's high. The Nifty range remains the same as 24,000, followed by 23,800 remain major supports on the downside, and 24,250 - 24,350 levels remain an important supply zone.
HCL Tech tumbles 4.5% as analysts cut price targets after Q1 results
HCL Technologies shares dropped significantly on Tuesday following analyst target reductions. Most foreign brokerages trimmed their price targets after the company's first-quarter results. The Nifty IT index also saw a decline, mirroring the broader market trend. Despite this, many domestic brokers maintain a positive outlook on the stock. Analysts still project a potential upside from current trading levels.
RBI tightens governance framework, redefines bank board responsibilities
The RBI has revised bank board governance norms, effective October 1. Boards will now focus on strategy and risk oversight, delegating operational matters. Specialised committees will handle routine approvals and reviews, enhancing efficiency. This move aims to allow directors more time for long-term strategic issues. The changes follow draft proposals and aim for better corporate governance.
RBI governor meets bank CEOs to discuss AI, geopolitics and ECL guidelines
Central bank governor Sanjay Malhotra met bank chief executives on Tuesday. Geopolitical complexities and artificial intelligence were key discussion points. New expected credit loss guidelines also featured in the important talks. Some banks shared their FCNR(B) scheme inflow estimates with the governor. Oil prices have spiked over nine percent after recent military actions.
Middle East tensions push oil above $85, but equities show resilience on Trump's TACO trade
Middle East tensions have pushed oil prices above eighty-five dollars a barrel. Indian equities declined moderately after recent geopolitical developments. Investors are betting on Donald Trump's tendency to de-escalate conflicts. This resilience suggests markets are accustomed to regional geopolitical tensions. Higher oil prices are negative for India, but investors expect rewards.
SK Hynix ADRs plunge over 9% after blockbuster Nasdaq debut on profit booking
After a strong first day on Nasdaq, SK Hynix's US-listed shares witnessed sharp profit booking, dragging ADRs lower even as the chipmaker continues to benefit from robust AI-driven memory demand.
Indian IT stocks Infosys, Wipro, TCS and peers may react to IBM's worst day since 1968
The Nifty IT index is the second-best sectoral gainer so far in the month of July with a 9% advance. Shares of Infosys, HCLTech and TCS are all up between 8% and 9% so far in July, while those of Tech Mahindra and Wipro are up between 4% to 6%.
Stock Radar: Breakout from inverse head & shoulder pattern makes Gravita India an attractive buy for long term
Gravita India stock shows a bullish inverse head-and-shoulders pattern breakout. Experts suggest buying the stock for potential gains above 2,300 levels. The company is a global leader in the recycling industry, focusing on non-ferrous metals.
Chip stocks rally leads Nasdaq higher while banks offset IBM pressure on Dow Jones
Shares of IBM dropped 25% on Tuesday, the biggest single-day fall since at least 1968 after its second quarter preliminary report missed analyst expectations on both the topline and the Earnings per Share (EPS) front.
ICICI Lombard receives arbitration award to pay ₹78 crore to insured Roadway Solutions
ICICI Lombard must pay Rs 776.73 million plus 7.5% interest to Roadway Solutions Narayanpur Roads Project Private Ltd after an arbitration award. The dispute relates to policies from Bharti AXA.
ideaForge raises ₹500 crore via QIP to fund growth, expand defence drone capabilities
The fundraising attracted a mix of domestic and overseas institutional investors, with the company saying the proceeds will support innovation, product development and execution as demand for indigenous unmanned systems grows across defence, homeland security and critical infrastructure in India and overseas.
KEC International bags ₹1,180 crore orders across transmission, solar, civil and cables segments
Shares of KEC International Ltd ended at ₹489.90, down by ₹6.00, or 1.21%, on the BSE.
These 9 banking stocks have an upside potential of up to 28% in 1 year, according to analysts
It is always important to make a distinction between sentiment and real business. While sentiment can impact prices in the short term, it is business fundamentals that matter in the long term. And if they are turning structurally better, just ignore the noise on the street. The business updates for Q1 FY27 are probably a better guide. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components, earnings, fundamentals, relative valuation, risk, and price momentum, to generate standardised scores. SR+ Reports is a complimentary offering to ETPrime members.
Belrise Industries launches ₹1,200 crore QIP; floor price fixed at ₹231 per share
Shares of Belrise Industries Ltd ended at ₹232.30, down by ₹4.40, or 1.86%, on the BSE.
Signature Global Q1 update: Pre-sales grow 25% QoQ as sales realisation rises 12%
Shares of Signatureglobal (India) Ltd ended at ₹824.90, down by ₹21.95, or 2.59%, on the BSE.
J&K Bank to sell 0.5% stake in PNB MetLife for ₹120 crore
The proposed sale of 10.25 million shares to MetLife International Holdings will reduce the bank's stake in the insurer to 2.534%. The transaction, approved by the board earlier, remains subject to documentation and regulatory formalities.
Ahead of Market: 10 things that will decide stock market action on Wednesday
Indian equities fell sharply as escalating West Asia tensions lifted crude oil prices and weakened the rupee, raising inflation concerns. Sensex and Nifty declined up to 0.7%, while analysts said geopolitical risks overshadowed earnings optimism despite technical support remaining intact.
Hero MotoCorp to invest another ₹1,000 crore in EV maker Ather Energy
Hero MotoCorp has approved an additional ₹1,000 crore investment in Ather Energy through a preferential share issue, strengthening its bet on the electric two-wheeler maker in which it already owns nearly 30%.
India's wholesale inflation rises to 9.87% in June as food prices drive fresh surge
India's wholesale inflation rose to 9.87% in June, the highest in recent months, as a sharp increase in food prices outweighed easing fuel inflation. The reading topped economists' expectations, while manufacturing price pressures remained elevated, signalling persistent cost pressures across the economy
Market Pulse: Key triggers to watch before the July 15 trading session
Indian markets and investors will assess the impact of IBM's 23% plunge after weaker-than-expected preliminary quarterly results, with IT stocks including TCS, Infosys and Wipro set to remain in focus on Wednesday. Also, Wall Street's overnight gains in the S&P 500, Nasdaq and Dow Jones, along with softer-than-expected US inflation data for June, may provide some relief to Indian investors.
Anand Rathi Share Q1 results: Profit rises 71% to Rs 39 crore before one-time charge
Anand Rathi Share and Stock Brokers reported a 71% year-on-year rise in Q1 FY27 profit before exceptional items to Rs 39.1 crore, driven by strong growth in margin funding, broking and distribution income. However, sequential performance softened, with declines in revenue, EBITDA and distribution income compared with the previous quarter.
Market Trading Guide: Adani Green among 4 stocks recommendations for Wednesday
Domestic equities came under renewed pressure as escalating West Asia tensions drove crude oil prices sharply higher, reviving fears whether global energy supply further delays a recovery in India corporate earnings. The pain was compounded by the rupee breaching the 96-per-dollar mark, fanning concerns over imported inflation and squeezing input costs across industries. Looking ahead, all eyes are now on the US Fed Chair, whose upcoming remarks could set the tone for global rate expectations.Here are 4 stock recommendations for Wednesday
Top five US banks earn $50 billion in one quarter, nearly half of Nifty50's annual profit
The five largest US banks generated nearly $50 billion in June-quarter profit, equal to almost half of the Nifty50's entire FY26 earnings, highlighting the enormous earnings gap between Wall Street's banking giants and India's biggest listed companies.
Infosys, Wipro ADRs slide as IBM weakness in software and infrastructure business rattles investors
Infosys and Wipro ADRs fell after IBM shares dropped 23% due to weak earnings. IBM's revenue missed estimates, impacting software and infrastructure.
IDBI Bank says it can't confirm or deny report on government's stake sale
The lender told stock exchanges the government's strategic disinvestment process is confidential and said it has not received any communication on the finalisation of the transaction.
IIAS opposes Ujjivan SFB RSU plan over disclosure concerns
Proxy advisory firm IIAS opposed Ujjivan Small Finance Bank’s proposed RSU scheme, citing inadequate clarity on vesting conditions and performance metrics. The bank responded that vesting depends on exceeding revenue and profit targets and satisfactory individual performance ratings.
FIIs remain net sellers for second day as DIIs step in with ₹2,928 crore buying
FIIs remained net sellers for a second consecutive session, though the pace of outflows eased sharply. DIIs continued to provide support as markets declined amid geopolitical tensions and rising crude oil prices.
Two Trades for Today: A top biopharma firm for a 7.55% gain, a private bank stock for a 6% upmove
Our technical analysts identify select stocks every trading day that may gain momentum even in volatile markets. Here are the technical calls for today.
Stocks to Watch for July 15: Tata Elxsi, L&T Tech, Anand Rathi and more
From Tata Elxsi and Anand Rathi reporting its Q1 results to Jain Resource Recycling reporting a furnace explosion at its manufacturing facility in Tamil Nadu, here are stocks to track ahead of Wednesday trading session.
Bank of America profit jumps 27% as trading, dealmaking and lending power strong Q2
The US banking giant beat Wall Street estimates after record stock trading, stronger investment banking fees and higher lending income helped lift second-quarter profit, while executives said the US economy remains more resilient than expected.
Top real estate IPOs of 2026: Sri Lotus tops subscriptions, Knowledge Realty Trust leads by size
India's real estate sector witnessed several high-profile public listings in the past year, with office REITs and property developers drawing strong investor interest. The 2026 GROHE-HURUN India Real Estate 150 report ranks the year's biggest real estate IPOs by market capitalisation. From Knowledge Realty Trust to Smartworks, here are the top listings that made the cut.
Capacit'e Infraprojects secures ₹482 cr Mumbai project order from Twenty-Five Downtown Realty
Shares of Capacite Infraprojects Ltd ended at ₹227.05, down by ₹5.85, or 2.51%, on the BSE.
RBI proposes easing rules for mutual funds, insurers to acquire higher stake in banks
The RBI has proposed one-time approval for mutual funds, insurers and pension funds to increase bank shareholding up to 10% without repeated regulatory clearance. The move aims to simplify compliance for significant institutional investors, with public comments invited until August 4, 2026.
China's exports surge at fastest pace since 2021 as AI boom and tariff rush supercharge trade
Semiconductors, rare earths and AI-driven hardware fuel a sharp jump in exports and imports, while looming US tariffs trigger front-loading of shipments.
Rs 1,839 crore Biocon block deal: ICICI Pru MF biggest buyer along with Citi and Goldman Sachs
Mylan sold a ₹1,839 crore stake in Biocon through a block deal, attracting strong institutional demand. ICICI Prudential Mutual Fund emerged as the largest buyer, alongside other mutual funds, insurers and foreign investors, highlighting continued confidence in the pharmaceutical company.
Nifty Outlook for July 15: Bulls continue to hold on to 24,000 amidst rising oil, earnings pick-up pace
The Nifty remained range-bound after opening with a gap-down on the weekly options expiry day. Analysts believe the near-term outlook remains positive as long as the index holds above the 23,950 level.
Anand Rathi Shares Q1 Results: Core income up 47% despite modest profit growth
Anand Rathi Shares reported a steady start to FY27, with strong growth in net interest income, margin funding and assets under management helping offset a modest rise in profit amid a volatile market environment.
LTTS Q1 Results: Revenue, EBIT beat estimates; reiterates 13%-15% growth outlook
Net profit stood at ₹357 crore, marginally below the CNBC-TV18 poll estimate of ₹358 crore, but up 7.4% sequentially from ₹332 crore in the March quarter. Revenue from operations rose 2.9% quarter-on-quarter to ₹2,940 crore, ahead of the CNBC-TV18 poll estimate of ₹2,912 crore.
Sebi exempts Juhi Chawla-owned Mehta Family Trust from Saurashtra Cement open offer
The Securities and Exchange Board of India (Sebi) has granted the Mehta Family Trust relief from the open offer requirement linked to their indirect acquisition of shares in Saurashtra Cement Ltd. This restructuring aims to facilitate succession planning within the family and has been determined as non-commercial, ensuring that the control of the company remains unchanged. The one-year exemption will come with specific reporting obligations.
Anand Rathi Shares Q1 profit more than doubles, MTF book surges 55%
Anand Rathi Shares kicked off FY27 on a strong note, with June-quarter profit more than doubling as higher lending activity, expanding AUM and healthy growth across its diversified businesses offset a volatile market backdrop.