Q1 Results Live Updates: TCS kicks off Q1 FY27 earnings season today. Follow live updates on revenue, EBIT margins, deal wins, and dividend — plus GM Breweries and Anand Rathi Wealth results.

The firm in March cut more than 400 roles from its UK audit division, blaming lack of natural attrition.

Groww assures investors direct mutual funds remain free for do-it-yourself users. The platform stated its commitment to zero-commission offerings for these investors. This clarification follows recent discussions regarding mutual fund offerings in the market.

The appointment comes at a time of increased anxiety about the societal impact of AI.

Market experts shared their insights on fundamentals and technical levels for key stocks, including Tata Capital, Swiggy, Varun Beverages, Wipro and Ola Electric.

Sebi has cancelled twelve research analyst registrations for failing to pay renewal fees. These entities and individuals had their certificates cancelled after the fees remained unpaid. Sebi initiated summary proceedings after receiving no replies to issued notices.

Apart from technical levels, the market will also take cues from the start of the earnings season.

Costco shares fell over 4% despite strong June sales as investors focused on valuation concerns and uneven regional growth. While US demand remained robust, weaker Canada performance and headwinds from currency and fuel price deflation weighed on sentiment, reflecting tighter scrutiny of premium consumer stocks.

To ensure their ads are promoted by Google and target ‌the right customers, companies bid on keywords that online consumers type into the ‌search ⁠engine

The duty waiver would reduce import dependence and strengthen the electronics ecosystem with local production

US equity funding markets remain strained as high demand for leverage, driven by tech and AI stock enthusiasm, keeps repo rates elevated. Despite some easing, risks persist due to limited dealer balance sheet capacity and concentrated positions, raising concerns that any market correction could be sharper and more disruptive.

The agency has registered seven First Information Reports against Reliance Communications Limited (RCOM), Reliance Home Finance Limited (RHFL), Reliance Commercial Finance Limited (RCFL) and Reliance Telecom Limited (RTL) based on complaints received from various public sector banks and LIC

Annualized AI revenue at US$ 2.6 billion in Q1FY27, grew 13.6% QoQ

Zerodha founder Nithin Kamath reaffirmed the company’s commitment to offering direct mutual funds free of charge. He said Coin has helped investors save commissions, while many rival platforms have exited or reconsidered the low-cost direct mutual fund business model.

The IT major said customers are taking longer to approve technology spending, even as demand for large deals remains intact.

The Department for Promotion of Industry and Internal Trade has amended footwear quality control orders, giving manufacturers an extra year to clear old stock and easing rules for importing samples used in research.

The Maharashtra government has approved an Occupation Certificate (OC) Amnesty Scheme for buildings occupied before November 17, 2016, offering relief to thousands of residents living properties without OC.

The comments underscore how AI is increasingly taking over repetitive monitoring, incident management and operational tasks, allowing employees to focus on higher-value work.

Northern Irish police arrested a man on Thursday for allegedly publishing offensive, abusive or threatening content meant to incite hatred.

The US military announced new strikes on Iran following attacks on ships in the Strait of Hormuz, with President Trump warning of further military action.

Founded in 2017, Fundamentum has invested in 17 technology startups, including Spinny, PharmEasy, Stable Money, AppsForBharat, FlexiLoans and Kuku.

SBI Funds Management is confident its Rs 11,600-crore IPO will succeed despite market volatilities. The asset manager aims to double its international book to USD 5 billion within three years. This revenue augmentation plan includes expanding global presence and staff. The company is also focusing on its alternatives business and potential acquisitions. Parent SBI contributes significantly to sales, particularly with safer hybrid schemes.

TCS noted that AI engagements are fundamentally different from conventional IT services contracts.

Service sector firms have hit the hardest, accounting for one-third of bankrupt firms in H1 2026, followed by construction and trade sectors.

The Coastal Shipping Act 2025, which deals with licensing of ships, has come under flak for hampering the ability of Indian entities engaged in commodity trading to charter foreign flag ships exclusively for overseas runs.

India will look to bounce back from an embarrassing defeat, while England aim to seal the series when the two sides clash in the fourth T20I on Thursday.

Hedge funds have recently faced substantial setbacks, primarily due to widespread trades within unstable markets. Systematic managers lost about 25% of their returns for the year, significantly affecting their overall performance. This downturn arose from substantial bets on U.S. and Asian equities, both of which faced dramatic price fluctuations. Additionally, fundamental managers also reported losses after withdrawing from the saturated tech sector.

Dhamaal 4 is directed by Indra Kumar and stars Ajay Devgn, Riteish Deshmukh, Arshad Warsi, Jaaved Jaaferi, Sanjay Mishra among others.

Many individuals speculated about the amount of money being provided by big tech companies vying for AI talent.

Borah said the plant is likely to generate a total employment of more than 27,000, including 15,000 direct jobs.

TCS is expected to post modest revenue growth in the first quarter, while margin and profit are likely to come under pressure from the full-quarter impact of wage hikes.

The Dow Jones Industrial Average rose 63 points or 0.1%, S&P 500 gained over 0.04%, while Nasdaq was up 0.08%.

Wall Street opened mixed as gains in chip stocks supported the S&P 500 and Nasdaq, even as renewed US-Iran tensions kept sentiment cautious. The Dow slipped at the open, reflecting geopolitical uncertainty, while tech-led strength helped broader indices stay resilient amid concerns over prolonged conflict and potential market volatility.

Wall Street rose as chip stocks rallied, offsetting concerns over escalating US-Iran tensions. Gains in semiconductor firms, led by Micron and Applied Materials, lifted indexes, while Meta slipped on AI chip updates. Stable jobless claims supported sentiment, though volatility in AI-linked stocks and rate hike expectations kept markets cautious.

Micron has also announced that it will invest $3 billion to develop the domestic semiconductor supply chain ecosystem in support of its US manufacturing footprint.

A comprehensive car insurance policy may not cover every monsoon-related expense. Experts explain which add-ons are worth buying to reduce repair costs and improve financial protection. 

Businesses bid on keywords that internet users enter into the search engine to make sure their advertisements are pushed by Google and target the appropriate consumers.

The pause is one of the most high-profile fallouts of the heightened tensions this week with attacks on a number of ships near Hormuz and the US striking Iran for two consecutive days.

The US military announced new strikes on Iran following attacks on ships in the Strait of Hormuz, with President Trump warning of further military action.

Initial claims decreased by 2,000 to 215,000 in the week ended July 4, a period that included the Independence Day holiday.

Anand Rathi Wealth reported a 24% rise in Q1FY27 profit to Rs 116 crore and 18% revenue growth to Rs 336 crore. Assets under management crossed Rs 1 lakh crore. The company achieved 24% of its annual revenue guidance.

Wealth manager posts strong June-quarter earnings as it looks to enter the mutual fund business, subject to regulatory approval.

SEBI flagged 516 synchronized trades, related-party fund flows and alleged misleading disclosures in the Osiajee Texfab investigation.

The US military announced new strikes on Iran following attacks on ships in the Strait of Hormuz, with President Trump warning of further military action.

Researchers in New Zealand are testing feed additives, vaccines and selective breeding to cut cattle methane emissions without reducing productivity.

The France national football team vs Morocco national football team quarter-final match will get underway at 1:30 a.m. IST on Friday and can be watched on the Unite8 Sports television channels, and ZEE5 app and website.

Meta is likely looking to cut down on its considerable computing costs and dependence on Nvidia and AMD.

Iranian authorities say the bridge in Golestan province was hit by a US cruise missile, with no casualties reported.

Elecon Engineering Company, Indian Bank are among the other companies that will announce results on July 10.

The woman said she has been employed at a PSU for the past seven years and is in a comfortable financial position. According to her post, she has no outstanding debt, follows a modest lifestyle and has accumulated significant savings over time.

Q1 Results Live Updates: TCS kicks off Q1 FY27 earnings season today. Follow live updates on revenue, EBIT margins, deal wins, and dividend — plus GM Breweries and Anand Rathi Wealth results.

Since the start of the US-Iran war in February, the Nifty Defence Index has delivered positive returns of 18.7%, while the Nifty IT Index declined 12.5%. Experts advise investors to avoid short-term reactions, focus on diversified funds, and use SIP investments during periods of market volatility.

A viral WhatsApp conversation has ignited debate after a manager insisted an employee reach the office despite citing heavy rain and road closures in Pune.

The Sensex ended higher as select BSE 200 stocks touched fresh 52-week highs. FSN E-Commerce Ventures, Titan, Sun Pharmaceutical Industries and Lenskart Solutions led the momentum.

Zerodha founder says rival direct MF platforms have either "disappeared or pivoted" as Groww expands into regular mutual funds.

Global markets show mixed early trading as oil prices rise modestly. Fresh attacks between Iran and the United States threaten a fragile regional truce. PepsiCo shares declined after reporting stronger revenue but weaker North American demand. European and Asian markets experienced varied movements throughout the trading day. Upcoming economic reports will provide further insights into the current financial landscape.

During its June meeting, the Federal Reserve decided to keep interest rates unchanged. Committee members expressed concerns about rising inflation and ongoing supply chain disruptions. Economic indicators for the second quarter showed robust growth, and the job market appeared resilient. Although inflation forecasts were adjusted upward, a decline is anticipated later this year, with the Fed projecting inflation to meet its target by 2028.

Unlike some public issues that offer a concession to retail investors, SBI shareholders will not receive any discount on the issue price.

TCS is expected to post modest revenue growth in the first quarter, while margin and profit are likely to come under pressure from the full-quarter impact of wage hikes.

Semaglutide is the active ingredient in Danish major Novo Nordisk’s blockbuster diabetes and weight loss drugs Wegovy and Ozempic

The DHS, Labour and State departments have outlined proposals affecting H-1B visas, employment-based Green Cards and international students.

Chip stocks led premarket gains as investors balanced fresh US-Iran tensions against optimism around AI-driven semiconductor demand.

A once-weekly dose of 70 insulin units of ⁠Awiqli is priced at ₹261 ($2.74), the company says

Amnesty International has accused Israel of wiping out familiesin its attacks on Lebanon, alleging violations of international humanitarian law and urging that the strikes be investigated as war crimes.

Caution prevailed in the market as the United States and Iran exchanged strikes for a second consecutive day

TCS is expected to post modest revenue growth in the first quarter, while margin and profit are likely to come under pressure from the full-quarter impact of wage hikes.

Analysts said suspected RBI intervention provided support to the local unit, while elevated crude oil prices and a stronger dollar weighed on it

Heavy monsoon rains in Maharashtra caused swollen rivers, disrupted train services, landslides, and waterlogging, impacting safety and daily life across multiple districts.

A recovery in the stock markets and dollar selling by state-run lenders supported the local currency amid rising volatility triggered by the fresh escalation in the West Asia crisis.

Tata Consultancy Services declared a dividend of Rs 12 per share, on Thursday, versus an estimate of Rs 19.

With its blend of slapstick humour, family drama and quirky storytelling, Bhai Tera Star Hai aims to deliver an entertaining theatrical experience when it arrives in cinemas on July 30.

Dr Devi Shetty urges Indians to prioritise preventive heart screening, recommending routine checks from age 35 and earlier for diabetics or those with family heart disease history.

Avenue Supermarts had previously reported standalone revenue from operations of Rs 18,343.49 crore for the quarter ended June 30, up 15% from a year earlier.

Tata Consultancy Services announced an interim dividend of Rs 12 per share for shareholders. The IT major reported a 5% year-on-year profit increase for the first quarter. Its revenue from operations also saw a significant 14% rise during the same period.

The 12-year-old student died after collapsing during a school exercise session, while investigators await the post-mortem report to determine the exact cause of death.

Investors who already have 3 to 5 SIPs running should review their existing portfolio before adding another fund. The expert recommends focusing on 5 key areas: goal alignment, portfolio overlap, risk balance, contribution sizing, and regular portfolio reviews.

Consolidate revenue of the IT giant advanced by 2.2% quarter-on-quarter for the three months ended June, reaching Rs 72,275 crore in comparison to Rs 70,698 crore.

TCS Q1 Attrition Rate: The attrition rate in the quarter-under-review dropped to 13.6% compared to 13.7% in the preceding fourth quarter of FY26. The headcount in the June quarter rose by over 9,000 employees to5,93,798 from 5,84,519 in the March quarter of last fiscal.

Q1 Results Live Updates: TCS kicks off Q1 FY27 earnings season today. Follow live updates on revenue, EBIT margins, deal wins, and dividend — plus GM Breweries and Anand Rathi Wealth results.

Former Supreme Court judge Ranjana Desai to head panel comprising ex-judges, constitutional experts and social sector representatives to prepare the framework for implementing the Uniform Civil Code in Maharashtra.

TCS Q1 Results: TCS reported a 5% year-on-year rise in Q1FY27 consolidated net profit to Rs 13,349 crore, while revenue grew 14% to Rs 72,275 crore. The company declared an interim dividend of Rs 12 per share, maintained a healthy order book of $9.5 billion, and continued to expand its AI-led business momentum.

The picture looks very different, however, for companies dependent on sulfur and sulfuric acid, whose prices have surged since February.

Cerebras is significantly increasing its European AI computing capacity. The company plans to reach 200 megawatts by next year. This expansion addresses rising AI demand and data sovereignty concerns.

Nifty IT was the only sectoral loser, falling 1.88%. Nifty Consumption rose 0.9%, while Nifty Realty gained 0.84% and Nifty Energy advanced 0.79%.

Veteran investor Prashant Jain expects the Nifty to deliver 45–50% returns over three years, supported by earnings growth and valuation re-rating. His PMS is gradually increasing exposure to select small and midcaps as macro risks ease and domestic fundamentals strengthen.

Commercial vessel movement through the Strait of Hormuz has plunged as US-Iran hostilities intensify, raising fresh concerns over global energy and shipping supply chains.

ITR-2 filing for AY 2026-27 requires careful reporting of capital gains, multiple properties, foreign assets and other income. Learn who must file ITR-2, key online filing steps, deadline and practical tips to submit accurate tax returns before 31 July 2026.

SBI Funds Management prospectus oversaw ‌assets worth 12.5 trillion rupees ($131.4 billion) at the end of March 2026

European stock markets traded higher on Thursday, recovering from previous losses. Technology shares led the gains, driven by renewed interest in artificial intelligence demand. Oil prices eased despite ongoing geopolitical uncertainty in the Middle East region. Spanish equities outperformed regional peers after trade-related tensions eased. AstraZeneca shares tumbled significantly after a clinical trial setback.

HSBC has lowered its average gold price forecasts for 2026 and 2027. This adjustment stems from expectations of a stronger U.S. dollar and a hawkish Federal Reserve. The bank anticipates gold trading within a specific range for the remainder of 2026. Central bank purchases have moderated, though long-term diversification offers support. Despite forecast reductions, downside risks for gold appear limited.

Interarch Building commenced Phase I operations at its new Kheda, Gujarat manufacturing facility, adding 20,000 MT annual capacity with Phase II set to double it.

Iranian state television reported that the burial ceremony, originally expected on Thursday morning in Mashhad, had been delayed because of the scale of the crowds that gathered in Najaf and Karbala on Wednesday.

Health insurance portability lets policyholders switch insurers without losing waiting period credits, but there are conditions to keep in mind.

HFCL expects defence revenue from Q1 FY28 as it bids for Army contracts and develops radars, anti-drone systems, jammers and ammunition.

SBI Funds Management’s Rs 11,693 crore IPO opens July 14–16, 2026, marking India’s largest issue of the year, with SBI and Amundi selling stakes.

Rising demand for fertilizer, city gas and utilities as well as the government’s push for enhanced share of liquefied natural gas (LNG) in the energy mix was seen helping the country

Cupid shares have rallied over 40% in the past month, driven by strong Q1 business momentum and an upgraded FY27 revenue outlook. After the sharp surge and recent volatility, technical experts see the broader uptrend intact while advising investors to closely monitor key support levels before taking fresh positions.

Banks Q1 Results Preview: System-wide deposit growth remained healthy at 12% YoY, aided by strong credit expansion and an increase in the money multiplier. However, deposit growth continues to trail loan growth, said Motilal Oswal.

Based on 5-year CAGR performance, ICICI Prudential Dividend Yield Equity Fund has emerged as the top-performing scheme in the category, delivering 19.95% returns. LIC MF Dividend Yield Fund and HDFC Dividend Yield Fund follow. 

Video footage of the incident, which has since gone viral on social media, showed the Sena corporator and his supporters arguing and then assaulting doctors and the staff.

The target price is set at Rs 1,950, marking 18.5% downside from its current levels.

Speaking on JioHotstar, Kumble expressed disbelief at the manner in which the reigning T20 World Cup champions capitulated.

A Bengaluru ITAT ruling allowed a landowner to claim capital gains exemption on 23 flats received under a redevelopment deal. The relief, however, applies to older joint development agreements executed before key tax law changes.

Gold ETFs, gold mutual funds and physical gold are taxed differently, with holding periods ranging from 12 to 24 months to qualify for lower long-term capital gains tax. Selling too soon could result in gains being taxed at your income-tax slab rate instead.

Following a certification delay of over three years, Satluj was released uncut on Zee5 on July 3. Its sudden removal on July 5 soon turned the film into the centre of a nationwide debate.

GM Breweries reported a 46% rise in Q1 net profit to Rs 37.7 crore and a 26% increase in revenue to Rs 200 crore, driven by improved operating performance and a 52% jump in EBITDA.

EPFO has introduced 2 online EPF transfer options under the new scheme, enabling employees to consolidate PF accounts, preserve service history, improve pension eligibility, avoid tax issues on eligible withdrawals and also secure EDLI insurance benefits of up to ₹7 lakh.

Stock prices of Piramal Pharma jumps as the company announced completion of US FDA GMP inspection of the Sellersville facility

Kotak Securities has initiated coverage on Solar Industries with a Sell rating and a target price of Rs 10,300, implying 40% downside despite strong defence growth.

K Rustom & Co traces its roots to 1953, when it was founded by Khodabux Rustom Irani, an Iranian immigrant fondly remembered as K Rustom, who had a passion for creating delectable ice cream.

Once answer key becomes available, candidates will have the opportunity to view the provisional answer key alongside their recorded OMR response sheets on the official NTA UGC NET website.

Nifty 500 stocks experienced sharp declines, far exceeding index movements. Several companies saw their values drop by over fifty percent from recent highs. Reliance Power and Cohance Lifesciences are among the biggest losers in this market correction.

Pragmatyc Group specialises in Artificial Intelligence (AI), AIoT, intelligent automation, and digital engineering solutions

CEA Nageswaran says talent-retention model is turning cutting-edge, not just cost play.

A Section 245 intimation is issued when the Income Tax Department proposes to adjust your refund against an outstanding tax demand from the previous year. Taxpayers can check the demand details on the e-filing portal and respond by accepting the demand or disputing it within the given timeline.

AustralianSuper pension fund said the investment ‌would come on ‌top ⁠of the 240 million Australian Dollars it committed seven years ago

IT services are expected to remain soft in Q1 FY27 amid a cautious demand environment, with growth partially supported by large deal ramp-ups, outcome-based engagements, and AI-led spending, says Axis Securities.

Zostel has urged SEBI to direct OYO to make additional, balanced disclosures so that prospective investors receive what it describes as a complete and fair account of the pending litigation before the IPO proceeds.

SBI Funds Management’s Rs 11,693-crore IPO has drawn investor attention ahead of its opening, with grey market trends indicating a potential listing price of around Rs 644, a premium of nearly 13% over the upper price band. The IPO is set to be the largest of 2026 so far, though investors should note that GMP is only an unofficial market indicator.

The Kerala Plus Two Supplementary Examination 2026 was conducted from June 29 to July 3, 2026, in offline (paper-based) format at specified examination locations throughout the state.

Semaglutide is the active ingredient in Danish major Novo Nordisk’s blockbuster diabetes and weight loss drugs Wegovy and Ozempic

Modi is set to undertake a two-day state visit to New Zealand from July 10 to 11, at the invitation of New Zealand PM Luxon, marking the first trip by an Indian Prime Minister to the country in nearly four decades.

Alpine Texworld will launch its Rs 126.25 crore Initial Public Offering on July 14, 2026. The company plans to raise funds through a fresh issue of 1.2 crore equity shares. Proceeds will expand manufacturing capacity and reduce existing debt obligations. Funds will also support general corporate requirements and future business growth. The textile manufacturer aims to strengthen its financial position through this public offering.

The global energy market has been jolted this week by a resurgence in the conflict between Washington and Tehran, pushing Brent crude futures briefly back above $80 a barrel.

On July 8, the rupee plunged 52 paise to settle at 95.48 against the U.S. dollar

Railway authorities also ordered a departmental inquiry to determine how the decorator gained access to the coach.

DXC is an enterprise technology and innovation company that delivers software, services, and solutions to global enterprises and public sector organisations

Speaking at a GCC Business Summit, Chief Economic Adviser Nageswaran said that most of India’s GCCs are engaged in cutting-edge work rather than providing low-cost support, which is what AI can easily and cheaply replace

The USTR launched two separate Section 301 investigations, covering 60 economies over concerns related to forced labour and excess industrial capacity

Q1 Results Live Updates: TCS kicks off Q1 FY27 earnings season today. Follow live updates on revenue, EBIT margins, deal wins, and dividend — plus GM Breweries and Anand Rathi Wealth results.

Check the latest SBI Funds Management IPO GMP today, along with the price band, issue size, subscription dates and what the grey market premium signals ahead of the July 14 launch.

The growth will be supported by policy interventions to attract more foreign capital, as well as fuel tax cuts, targeted credit support, strong services exports, and public capital expenditure.

The caller ID app’s developers have argued that users are reporting massive amounts of spam from the supposedly authorised 140 and 160 series of phone numbers for telemarketers and banks.

ICICI Securities said it has not altered its FY27-FY28 growth or profitability estimates but has adopted a more conservative valuation approach amid the leadership transition.

Awiqli cuts basal insulin dosing from seven injections a week to one. Novo Nordisk India MD Vikrant Shrotriya discusses price, access and growth.

The CBSE DRQ 2026 Skill Test is set to be conducted on July 11, 2026. The board will facilitate the DRQ2026 examination on July 11 for the recruitment of Group A, B, and C positions in administrative and academic fields.

CBDT has clarified how pending tax cases, assessments, and TDS certificate applications will move after the Income-tax Act 2025 takes effect from April 2026. The FAQs explain which matters stay under the old law and which follow new provisions.

Nifty IT was the only sectoral loser, falling 1.88%. Nifty Consumption rose 0.9%, while Nifty Realty gained 0.84% and Nifty Energy advanced 0.79%.

The broader indices are trading positively, with Nifty Smallcap 250 higher by just 1.46%, while the Midcap 150 rose 1.47%.

Dr Reddys Laboratories shares dropped over 4% after a batch of semaglutide was found out of specification due to an active pharmaceutical ingredient issue.

Indian government bonds traded narrowly on Thursday after a sharp selloff. Surging oil prices and higher U.S. Treasury yields pressured local debt markets. The U.S. military launched fresh strikes on Iran, impacting peace hopes. Minutes from the U.S. Federal Reserve also reflected inflation concerns. Foreign participation continued to support Indian government bonds.

Oil marketing companies are set to dominate Q1 earnings but for the wrong reasons, with HPCL, BPCL and IOCL expected to post massive losses as elevated crude prices crushed fuel marketing margins. The sharp earnings hit is likely to overshadow profit growth in financials, telecom and metals, dragging overall India Inc. earnings.

Cupid shares rebounded nearly 6% after a sharp correction in the previous session, as investors turned positive following the company’s upgraded FY27 revenue guidance of Rs 660 crore. Strong Q1 momentum, a robust order book, expanding global opportunities, and growth across healthcare, personal care, and wellness businesses helped revive sentiment toward the stock.

Uno Minda shares rose after Motilal Oswal initiated coverage with a Buy call. The company benefits from industry trends like premiumization and the EV transition. Its diversified product portfolio and strong R&D capabilities support growth. FY27 is expected to be a transformational year for the auto component manufacturer.

Japanese investors significantly increased foreign stock purchases last week. This buying spree followed easing inflation worries and softer U.S. labor market data. Overseas bond selling continued as investors reduced debt holdings. Foreign investors also sold fewer Japanese stocks and bonds. Market outlook remains cautious due to oil price volatility and central bank policy.

In the centrepiece outcome of the visit, the two Prime Ministers welcomed the finalisation and signing of an Administrative Arrangement under the existing Australia-India Nuclear Cooperation Agreement.

That combination of high foreign-exchange returns, no exchange-rate risk, and tax-free interest in India makes FCNR compelling.

Q1 Results Live Updates: TCS kicks off Q1 FY27 earnings season today. Follow live updates on revenue, EBIT margins, deal wins, and dividend — plus GM Breweries and Anand Rathi Wealth results.

Auto Q1 Results Preview: Automobile companies are expected to report healthy YoY earnings growth in the June quarter, supported by strong demand momentum and double-digit volume growth across key vehicle segments according to Axis Securities

Dr Reddys Laboratories shares dropped over 4% after a batch of semaglutide was found out of specification due to an active pharmaceutical ingredient issue.

Cummins India is showing a strong bullish setup with a higher high–higher low pattern, robust support near its 50-day EMA and signs of short covering in derivatives. Analysts recommend a Call Ratio Spread strategy for the July expiry, with the stock expected to remain positive as long as it holds above Rs 5,400.

The gauge, launched last August, tracks 150 stocks selected based on ease of accessibility for foreign investors - something global benchmark providers such as MSCI Inc. typically take into account to select their index members.

Many investors expect to see strong gains in the first few years, but that is rarely how SIPs work. 

Union Petroleum Minister Puri told NDTV in an exclusive interview that the row around E20 fuel is timed with E85 launch and thus may be a "manufactured" one.

Analysts at Motilal Oswal noted that the available Foreign Institutional Investor (FII) headroom for Eternal has now expanded and comfortably sits above the crucial 25% threshold.

HSBC expects the electronics manufacturing services company to benefit from industry growth, backward integration and expansion.

The EPS 2026 has replaced EPS 1995, introducing a new pension framework under the Code on Social Security, 2020. The new scheme retains key pension benefits and contribution rates while adding digital compliance, a 20-day claim settlement timeline and interest on delayed claims. 

Kalyan Jewellers advanced as much as 12.8% to Rs 422.3 a piece.

According to the Income Tax Department’s website, it typically takes 4-5 weeks after e-verification for refunds to be credited to the taxpayer’s account.

Kalyan Jewellers shares saw a significant surge following a robust first-quarter business update. The company reported an estimated 38% year-on-year increase in consolidated revenue for Q1 FY27. Strong domestic demand and international growth contributed to this impressive financial performance. The launch of a gold recirculation campaign also gained significant customer traction during the quarter. Kalyan Jewellers also expanded its retail footprint by opening new showrooms and outlets.

The stock rose as much as 7.13% during the session to hit a high of Rs 280.05. It was trading 5.18% higher at Rs 274.96, compared with its previous close of Rs 261.41.

MCX gold and silver prices slipped even as international prices rose on safe-haven demand. Know the key factors behind the divergence and prices across major cities.

Nifty IT was the only sectoral loser, falling 1.88%. Nifty Consumption rose 0.9%, while Nifty Realty gained 0.84% and Nifty Energy advanced 0.79%.

The IMD, in a district-wise nowcast warning valid for the next two to three hours, issued red alerts for lightning and thunderstorms accompanied by gusty winds of around 60 kmph and heavy rain exceeding 15 mm/h across all districts of Delhi.

TCS is expected to post modest revenue growth in the first quarter, while margin and profit are likely to come under pressure from the full-quarter impact of wage hikes.

With higher financial literacy, younger borrowers are leveraging personal loans to fund lifestyle choices, experiences, travel and discretionary spending, all while keeping their investment portfolios intact.

The data for individual lakes showed that Vihar and Tulsi lakes continued to overflow after first reaching 100% capacity on July 7.

Consumer Q1 Results Preview: PL Capital believes that demand outlook remains cautious due to likely impact of El Nino and monsoon activity, but easing crude prices will provide a tailwind.

Dixon, Syrma SGS, Avalon Technologies and Kaynes shares rallied up to 6% after the government waived customs duty on key electronics components.

‘The defining industrial innovation of our generation,’ apparently

Antony Waste Handling Cell shares fell over 5% after a waste mound collapse at its Pune Waste to Energy plant caused structural damage and triggered rescue operations.

The Mumbai-based engineered fabric firm will conclude its IPO subscription on July 10, with shares expected to list on BSE and NSE by July 15.

Open models were already gaining fans because using closed AI keeps getting more expensive

Gold and silver prices extended losses for a fourth straight session on Thursday, pressured by renewed geopolitical tensions, higher oil prices and concerns over inflation and interest rates. Analysts expect continued volatility and advise investors to accumulate precious metals gradually during the ongoing correction.

Axis Securities anticipates a QoQ Ebitda decline for steel companies like Tata Steel and SAIL, driven by lower sales volumes coming off a seasonally strong Q4 base and elevated coking coal consumption costs.

TCS currently has 32 buy calls, 11 hold calls, and six sell calls, as per Bloomberg data. It has an average target price of Rs 2,655.47 with an implied upside of 29.1%. According to Harshal Dasani, Business Head at INVAsset PMS, TCS opening nearly 2% lower ahead of its Q1 results does not automatically make the stock a buy-on-dips opportunity.

Gold and silver prices today, 9 July: Check the latest 24K, 22K gold and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major Indian cities, along with MCX market updates.

Graphite India shares are set to remain in focus after the company announced the planned closure of its Graphite Specialities and Coating divisions in Germany, citing the prolonged impact of the Russia-Ukraine war and weak demand. The company expects the shutdown process to be completed within six months and will announce its Q1 earnings and dividend after the board meeting scheduled for August 4.

MCX gold August futures contract dipped 0.14% to Rs 1,43,350 per 10 grams, while the MCX silver September futures dropped 0.63% to Rs 2,22,026 per kg

The letter followed extensive US strikes on southern Iran that had caused material damage and the deaths of several Iranian servicemen, with renewed American air assaults reported shortly afterwards across the same region.

Ten companies including TCS, Anand Rathi Wealth, and GM Breweries will announce Q1FY27 results on July 9, revealing their financial performance for April to June 2026.

Shares of Antony Waste Handling Cell are likely to remain under pressure after a waste mound collapsed at its Waste-to-Energy plant in Pimpri Chinchwad, Pune, following exceptionally heavy rainfall. Rescue operations are underway, while the company said the plant was under scheduled maintenance and no immediate material impact on operations has been identified.

Antony Waste share price fell 5% after a waste mound at Pimpri Chinchwad facility collapsed due to heavy rainfall. The debris fell onto the administration building, causing its structural failure. Rescue operations are currently underway involving multiple emergency response agencies. The company is providing medical assistance and support to affected families. No immediate material impact on company operations has been identified so far.

Four Nifty500 stocks, Balkrishna Industries, Aegis Logistics, PhysicsWallah and OneSource Specialty Pharma, closed over 3% below VWAP, highlighting bearish sentiment and weakening price momentum.

Four stocks in the Nifty500 pack featured in the RSI Trending Up scan on July 8 after showing improving momentum. The RSI moved above the 50 mark from lower levels, signalling strengthening price action, improving sentiment and potential short-term buying opportunities for traders tracking bullish technical setups.

The 8th Pay Commission begins stakeholder consultations in Kolkata today, with discussions likely to focus on fitment factor, minimum pay, pension reforms and HRA revisions. The feedback will shape final recommendations for central government staff and pensioners.

Ten companies including TCS, Anand Rathi Wealth, and GM Breweries will announce Q1FY27 results on July 9, revealing their financial performance for April to June 2026.

PM Modi is on a six-day, three-nation tour of Indonesia, Australia and New Zealand from July 6, with the visit focused on strengthening trade and investment ties, deepening strategic partnerships, engaging with business leaders and connecting with the Indian diaspora.

The decline was sharp enough to wipe out the gains made during the first five trading sessions of the month in just one session, indicating faster downside retracement.

Top picks for July 09, include a new-age stock Swiggy, electric vehicle maker Ather Energy, refiner Chennai Petroleum, an industrial conglomerate Swarcorp, alongside a short-selling strategy for largest housing finance major in India LIC Housing Finance.

The IPO received a solid response on Day 1, with the issue subscribed 3.45 times against the 1.14 crore shares on offer. The retail investor portion was subscribed 3.52 times, while the Non-Institutional Investors (NIIs) category saw a strong 7.35-times subscription.

Brent crude futures gained 78 cents, or 1%, to $78.8 a barrel while U.S. West Texas Intermediate (WTI) crude futures rose 74 cents, or 1.01%, to $74.26 a barrel. On Wednesday, the two benchmarks had settled at their highest levels in more than two weeks after U.S. President Donald Trump warned of additional strikes on Iran as early as Wednesday night.

The anchor book will open on Monday, July 13. The IPO will open for subscription on Tuesday, July 14, and close on Thursday, July 16.

Diamond jewellery maker and exporter Goldiam International has fixed July 10 (Friday) as the record date for its 1:3 bonus issue, effectively marking today the last chance for interested investors to buy shares of the company to be eligible for the bonus reward.

Despite a slight drop in collections on Day 20, Cocktail 2 has inched closer to the Rs 95 crore mark, with its India net collection reaching Rs 93.90 crore.

The company’s shares are commanding a premium of nearly Rs 21 over the upper price band of Rs 214, suggesting an estimated listing price of approximately Rs 235 per share if the current market sentiment sustains through listing day.

Gold prices experienced a decline on Thursday after recent drops. Renewed hostilities between the United States and Iran fueled inflation worries. Higher interest rate expectations also pressured the non-yielding precious metal. Central banks worldwide are monitoring inflation and economic growth forecasts. Other precious metals like silver, platinum, and palladium saw mixed movements.

Alpha recorded an overall 9.79% Hindi occupancy on July 8, down from 19.06% on previous day.

Oil prices increased on Thursday following new U.S. strikes against Iran. These actions have diminished hopes for peace and the Strait of Hormuz reopening. Brent and West Texas Intermediate crude futures saw notable gains in early trading. Shipowners are expected to adopt a more cautious approach to voyages through the strait. Insurance providers are reviewing policy terms after recent vessel attacks.

The US has launched fresh strikes against Iran to further "degrade their ability to threaten freedom of navigation in the Strait of Hormuz."

The US military announced new strikes on Iran following attacks on ships in the Strait of Hormuz, with President Trump warning of further military action.

The fresh round of strikes came a day after Iran was accused of bombing commercial vessels transiting the strait, an incident Trump cited as the trigger for the latest American action.

Oil prices extended their sharp rally on Thursday after the US struck targets in Iran for a second straight day, reviving fears of disruption to energy supplies from the Middle East.

Heavy monsoon rains in Maharashtra caused swollen rivers, disrupted train services, landslides, and waterlogging, impacting safety and daily life across multiple districts.

Indian markets saw a significant decline on Wednesday, influenced by global factors. TCS anticipates modest profit growth amid client spending caution and wage pressures. Nalco and NLC India will form a joint venture for a power plant. HFCL plans substantial investment to boost optical fibre cable production capacity. Natco Pharma announced significant investments and stake increases in South Africa.

Brent crude rose 5.9% sending stocks like Chevron, Venture Global, Diamondback Energy higher.

Asian shares advanced, led by a rally in chipmakers and South Korean stocks. Oil prices extended their gains for a third day, reaching about $78.80 a barrel. Treasury yields rose as markets anticipated earlier Federal Reserve interest rate increases. These events have reignited inflation concerns among investors and traders. Markets are now grappling with elevated stock valuations after recent gains.

New Reserve Bank of India lending rules increase funding costs for local proprietary traders. These changes require 100% collateral for bank guarantees, impacting domestic firms significantly. Foreign trading majors, however, can access cheaper overseas funding sources. This situation may allow foreign firms to capture a larger domestic market share. Domestic traders face a disadvantage compared to their well-capitalized international competitors.

Tata Consultancy Services anticipates slower revenue and profit growth for June 2026 quarter. Client decision cycles are elongating, impacting project ramp-ups and growth rates. Revenue is expected to remain flat sequentially, marking a continued trend. A weaker rupee may offer some support to rupee-denominated financials. Investors will monitor artificial intelligence initiatives and deal scalability trends.

Tata Consultancy Services anticipates slower revenue and profit growth for June 2026 quarter. Client decision cycles are elongating, impacting project ramp-ups and growth rates. Revenue is expected to remain flat sequentially, marking a continued trend. A weaker rupee may offer some support to rupee-denominated financials. Investors will monitor artificial intelligence initiatives and deal scalability trends.

Laser Power & Infra plans a ₹742 crore IPO to repay debt and fund expansion. The company expects growth from power infrastructure and network expansion projects. Revenue and profits have risen, and return ratios have improved significantly. However, elevated debt and raw material price volatility pose risks. The issue is suitable for long-term investors with higher risk tolerance.

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India added over 2.5 million demat accounts in June, the highest since February. This growth occurred as key market indices Nifty 50 and Sensex advanced significantly. Improved market sentiment followed the easing of geopolitical concerns and potential IPO announcements. Broader market participation and digital onboarding are attracting new retail investors. Future demat account growth will depend on Indian market performance and investor confidence.

U.S. stocks closed lower after Donald Trump declared the Iran deal “over,” raising fears of further conflict and pushing oil prices higher. The Dow dropped sharply while the S&P 500 slipped. Chip stocks gained on Apple’s Broadcom deal, but inflation concerns and IMF growth cuts weighed on sentiment.

The U.S. SEC cleared a key legal hurdle for UBS by allowing potential debt-to-equity conversions under its crisis-resolution plan without enforcement action. The move supports “bail-in” mechanisms directed by Swiss regulators and addresses cross-border issues exposed during the Credit Suisse rescue, strengthening UBS’s contingency framework.

Axis Bank has seen three senior executives resign from their positions. These departures add to a significant reshuffling occurring within private sector lenders. Anil Agarwal and Vikas Shinde, long-serving executives, have left the bank. Jimmy Tavadia, group head of trading, also resigned from his role. These changes coincide with the lender reorganizing key corporate banking positions.

Life insurers saw a 16.6% rise in new business premium during the April-June quarter. Private sector firms expanded faster than LIC, driven by regular premium products. Regular premium collections grew nearly twenty percent year-on-year, while single premium business increased. SBI Life Insurance emerged as the fastest-growing player among listed companies. Private insurers continue gaining market share while LIC retains its dominant position.

Credit cards now hold 38% of unsecured credit, down from 56% in 2016. Small personal loans under fifty thousand rupees have gained significant market share. Card balances remain stable at fifteen to sixteen percent of total consumption credit. Delinquency data shows risk spilling across various credit products. Occasional card users exhibit low delinquency rates across their credit portfolios.

The US president says Iran views him as its "number one target" but insists the conflict is unlikely to spiral into another prolonged war despite renewed military exchanges.

US central bank officials discussed rising inflation at their recent meeting. Most participants saw inflation falling on its own, but some favored immediate rate hikes. The committee ultimately decided to keep interest rates steady for now. Policymakers also considered shortening the policy statement and ending forward guidance. New projections indicated a growing sentiment for a rate increase later this year.

The 78th Primetime Emmy Awards nominations are out. The Pitt leads with 25 nominations, while Hacks creates history. Check the full list of nominees across major categories.

Videos showed long queues of passengers wading through flooded tracks.

The application window will close on September 7, and the opening of bids is slated for September 8. The selected applicant is expected to be declared on October 21.

The number of daily crossings is presently around one-third of what it was before the war. The situation is expected to worsen following the fresh US-Iran faceoff.

India and the Maldives reaffirmed their commitment to sign the Bilateral Investment Treaty and fast-track the proposed Free Trade Agreement.

The IMF, in its update to the WEO, projected India to grow at 6.7% in fiscal year 2028, an increase of 20 basis points from the 6.5% growth projected in April.

IMD forecasts moderate rain for Mumbai and Thane, while Palghar remains on yellow alert due to isolated heavy rainfall predictions.

Argentine referee Yael Falcon Perez will take charge of the match, with fellow Argentines Maximiliano Del Yesso and Facundo Rodrguez serving as assistant referees.

Going ahead, the immediate support for the Bank Nifty index is placed in the 56.300-56,200 zone.