The markets watchdog has also updated the common application form used for FPI registration

With 14% market share it is now the 2nd largest player after Maruti Suzuki

“MRPL is scouting for a ⁠replacement vessel”

As a pilot initiative, BESS has been integrated into the Kharkhoda facility’s internal electricity distribution network

The 30-share BSE Sensex tanked 1,677.12 points, or 2.15%, to settle at 76,503.60. During the day, it plummeted 1,921.69 points, or 2.45%, to 76,259.03

FDA shuts Churchgate outlet pending lab reports after inspection finds hygiene lapses, rodent infestation and expired flavouring agents.

The Defence Research and Development Organisation on Wednesday flight-tested the Pinaka long-range guided rocket at Chandipur, hitting its target with precision at a user-defined minimum range of 60 km.

Though US President Donald Trump granted Nvidia permission to sell the processors to China in December, Chinese authorities have been slow to allow the technology into the country.

While on the whole, FIIs have offloaded approximately Rs 2.68 lakh crore so far in 2026, they have remained net buyers of Indian equities in July.

Managing too many mutual funds complicates portfolio tracking without enhancing diversification. Experts suggest three to six funds can suffice, emphasising a mix of large, mid, and small-cap funds along with debt for balance. 

Union Minister Mansukh Mandaviya said the new platform will offer a unified interface, automated claim validation and quicker access to provident fund services.

US President Donald Trump appeared to mix up Iran with Japan during remarks at the NATO summit in Ankara on Wednesday, telling reporters the "Islamic Republic of Japan" had fired missiles at a US aircraft carrier.

Despite a generally positive long-term outlook on gold, brokerages are adjusting their near-term expectations downward. Bank of America has notably decreased its average gold forecast for 2026 by fourteen percent. Similarly, JPMorgan is indicating that risks to its gold predictions appear to trend negatively. Analysts are presenting a wide range of price targets for gold, with current prices hovering around $4,060 per ounce.

While the film has slowed during the weekdays, it remains on course to inch closer to the Rs 100-crore India-net milestone, with its upcoming weekend expected to determine the next phase of its box office run.

Palantir shares fell over 4% as investors sold high-valuation AI software stocks amid concerns over slower-than-expected AI adoption. Weak broader markets, insider selling, and bearish bets by Michael Burry added to pressure, signalling a wider rotation away from expensive technology stocks lacking clear near-term growth justification.

"We may take over Kharg Island," Trump said while speaking to reporters, signalling a potential escalation in US pressure on Tehran.

Labour Department inspector general says probe will examine alleged H-1B, PERM visa abuse, labour trafficking and displacement of US workers.

SBI Funds Management has filed its red herring prospectus for an IPO comprising only an offer for sale by SBI and Amundi India Holding. The listing will offer investors exposure to India’s fast-growing mutual fund industry without raising fresh capital.

Broadcom will expand its Fort Collins plant by $1.5 billion as Apple deepens its American Manufacturing Program and US chipmaking efforts.

The military highlighted that 54 militants also died in these incidents.

In a statement posted to social media, US Central Command said American forces launched the strikes "to impose heavy costs for targeting and attacking commercial shipping crewed by innocent civilians in an international waterway."

Kalshi traders now assign only a 44% probability that shipping traffic through the Strait of Hormuz will normalise by December 2026.

The reported FBI probe centres on transactions linked to TourProdEnter LLC, with investigators examining millions of dollars routed through US banks.

At a time when de-dollarisation is largely about trade settlement and payment systems, China is pursuing something far more ambitious: setting benchmark prices in international commodity markets.

The Magnificent Seven tech giants are losing investor interest as their performance lags behind the Nasdaq 100 and S&P 500. Emerging chipmakers like Micron Technology are gaining traction, while stocks like Alphabet show potential amidst differing fortunes among the group.

Quant Mid Cap Fund has outperformed its benchmark index over the last 3 and 6 months, but continues to lag over the 1-, 3-, and 5-year periods. The expert attributed the rebound to portfolio repositioning and advised investors to focus on long-term consistency. 

Other celebs including Richa Chadha, Ekta Kapoor and Mona Singh have also shared their egg freezing journeys.

The incident has drawn emotional reactions from members of the football community, with calls for greater international attention to the humanitarian situation in Gaza.

Meta Glasses had previously drawn controversy due to reports of users harrassing women by using the devices to film them.

Oil prices climbed again after Trump declared an end to the existing ceasefire between America and Iran.

Broadcom shares gained after Apple announced a multi-year chip supply agreement exceeding $30 billion. The deal expands US manufacturing, strengthens Broadcom’s custom silicon business through 2031 and supports Apple’s strategy to build a domestic semiconductor supply chain.

The ITR filing deadline is approaching, prompting taxpayers to prepare documents and explore deductions. Section 80D allows deductions for preventive health checkups, capped at ₹5,000, applicable only in the old tax regime.

Cybersecurity experts spoke to NDTV Profit to explain how cybercriminals use AI, coded language and encrypted platforms to evade moderation while circulating CSAM on social media.

The private bank informed the exchanges that the RBI gave nod for the appointment of Mahesh Muralidhar Pai as Managing Director and CEO for a three-year term, effective October 1, 2026.

Wall Street opened lower after Trump said the Iran deal was over, triggering a risk-off sentiment globally. Rising oil prices added pressure on equities, with Dow, S&P 500 and Nasdaq slipping at the open as investors reacted to geopolitical uncertainty and potential inflation risks.

In a statement posted to social media, US Central Command said American forces launched the strikes "to impose heavy costs for targeting and attacking commercial shipping crewed by innocent civilians in an international waterway."

Average SUV prices to rise 2.7%, while commercial vehicles will see a 2% increase; third hike this fiscal

A wheelchair-bound traveller required medical attention after undergoing physiotherapy and a mastectomy in Dubai.

The company said the use of the word "Fresh" distinguishes the product from frozen, preserved or long shelf-life variants available in the market.

The stock started trading at Rs 186, registering a jump of 9.41% from the issue price on the BSE.

Airbus said it anticipated 42,060 overall passenger jet deliveries between 2026 and 2045, down 1% from its previous rolling 20-year prediction.

While many people focus on creating strong passwords, they often overlook several built-in phone and app settings that can protect their bank account and money from fraud.

The NCW real estate fund has triumphant news as it successfully closes its PRIME Offices Fund at a hefty Rs 4,000 crore. This collaboration between Nuvama and Cushman & Wakefield has not only met but exceeded its initial fundraising goal. With 45% of its capital already allocated to office properties, the fund will enhance access for Indian investors to premium commercial office spaces in key metropolitan areas.

India recorded its highest-ever monthly EV retail sales in June, with 3.06 lakh units sold as adoption gathered pace across two-wheelers, passenger vehicles and commercial vehicles.

Alpha opened with Rs 9.25 crore on Friday, followed by Rs 11.50 crore on Saturday and Rs 13.25 crore on Sunday.

Law enforcement detained the Shiv Sena leader from his residence due to his alleged connection with the Dombivli Assault case.

SEBI has updated FPI registration rules by revising PAN application requirements and directing DDPs to remit rupee-based registration fees within five working days.

U.S. launches fresh strikes on Iran after Tehran struck three ships in the Strait of Hormuz, pushing up crude oil prices and strengthening the dollar

Fars says IRGC is directing ships to use Iran-approved route despite temporary Omani corridor.

Western Railway has denied claims that a passenger train was stopped to buy samosas, saying the viral video showed a goods train halted for engineering work.

A 20-30% investment target can be a useful starting point, but the right SIP depends on your goals, emergency savings and ability to increase investments as income grows.

The 30-share BSE Sensex tanked 1,677.12 points, or 2.15%, to settle at 76,503.60. During the day, it plummeted 1,921.69 points, or 2.45%, to 76,259.03

Futures tied to SanDisk point to a weak start on Wednesday as they trade nearly 6% lower at $1,526.98, extending its rout from the previous session where it sank over 14% intraday.

The Trump administration authorised widespread release of GPT-5.6 after further testing and discussions between the firm and government representatives.

The festival of Jagannatha Rath Yatra takes place during the Hindu month of Ashadha, when thousands of devotees gather in Puri to participate in the celebration.

Sebi has announced a modification to its foreign investor registration fees, shifting to a rupee-based model effective in six months. This adjustment stipulates that Category-I FPIs and FVCIs will be required to pay Rs 2.3 lakh. Additionally, the common application will now demand the date of birth from applicants, and depository participants must ensure that all fees are forwarded to Sebi within a five-day period.

Sebi has announced a modification to its foreign investor registration fees, shifting to a rupee-based model effective in six months. This adjustment stipulates that Category-I FPIs and FVCIs will be required to pay Rs 2.3 lakh. Additionally, the common application will now demand the date of birth from applicants, and depository participants must ensure that all fees are forwarded to Sebi within a five-day period.

EPFO will credit FY26 interest at 8.25% to 34 crore member accounts by July 15. Members can check the updated amounts online through various methods, including the EPFO Portal, UMANG app, missed calls, SMS, and DigiLocker after activating their UAN.

EPFO will credit FY26 interest at 8.25% to 34 crore member accounts by July 15. Members can check the updated amounts online through various methods, including the EPFO Portal, UMANG app, missed calls, SMS, and DigiLocker after activating their UAN.

EPFO will credit FY26 interest at 8.25% to 34 crore member accounts by July 15. Members can check the updated amounts online through various methods, including the EPFO Portal, UMANG app, missed calls, SMS, and DigiLocker after activating their UAN.

Indian Railways has ordered an inquiry after a viral video allegedly showed a loco pilot halting an Indore-Mhow DEMU train to buy samosas.

The Nifty 50 closed 516.65 points, or 2.12%, lower at 23,882.05. The Sensex fell 1,677.12 points, or 2.15%, to 76,503.60.

TCS will release Q1FY27 financials on July 9, following a strong Q4FY26 with a 29% profit jump and $12 billion contract wins; dividend and results approval slated for the board meeting.

Avenue Supermarts will announce its Q1 FY27 results on July 11, revealing insights on sales, margins, and demand for its DMart supermarket chain.

Earlier this week, Swiggy crossed an important milestone after foreign shareholding fell to 49.76%, taking Indian ownership above the 50% threshold required to begin qualifying as an IOCC.

Despite these external jitters, TCS is expected to report modest revenue growth in the June quarter. Margin and profit may come under pressure from the full-quarter impact of wage hikes over uncertain demand trend.

AI chip stocks extend losses in pre-market as Iran tensions sour risk appetite, adding to sector-specific concerns.

The move signals a further deterioration in US-Spain ties amid broader disagreements over defence commitments and regional security.

The collapsed building in Pimpri Chinchwad left 16 people feared trapped, after a mound of legacy waste crashed into it due to heavy rains.

Crude oil prices rose sharply on Wednesday to a two-week high after Donald Trump declared the Iran peace agreement "over", reviving fears of fresh supply disruptions from the Middle East. Analysts say concerns over the Strait of Hormuz, tighter sanctions and depleted inventories could keep oil prices elevated in the near term.

As taxpayers finalize their returns this filing season, it may be worthwhile to spend a few extra minutes reviewing investments in the name of your spouse and minor children

Despite a sharp sell-off in the broader market, six BSE 200 stocks touched fresh 52-week highs, highlighting resilient investor confidence. The outperformers from retail, pharmaceuticals and energy sectors continued to show strong momentum, signalling sustained buying interest despite market volatility.

The Indian rupee fell to its weakest level in nearly a month on Wednesday. This decline occurred after U.S. President Donald Trump stated the interim accord with Iran was over. Oil prices jumped significantly, renewing fears of Middle East supply disruptions. Indian stocks also dropped sharply, their steepest fall in over three months. Elevated oil prices are expected to pressure the rupee and slow economic growth.

The EPFO informs users that claim processing may be delayed due to a recent database consolidation and software upgrade. Services are restored but will be handled in phases. Details here.

On Wednesday morning, U.S. stock futures took a significant hit as President Donald Trump declared the memorandum of understanding with Iran null and void. This announcement sparked a notable rise in oil prices, leading to a boost in energy stocks during premarket trading. Meanwhile, investors await the release of the minutes from the U.S. Federal Reserve meeting for further insights.

An analysis by The Hindu shows that India also once again began importing oil from Iran and Venezuela in April and continued to do so in May 2026

Crypto futures trading in India saw significant growth from smaller cities. Women traders showed lower leverage and preferred specific digital assets. Bitcoin and Ethereum comprised a smaller portion of futures volume. Tamil Nadu led regional participation in crypto futures trading. Traders demonstrated tactical approaches and risk awareness in leveraged products.

The company has scheduled an earnings call with investors and analysts at 8 p.m. on July 11.

Banking shares led the selloff after US President Donald Trump declared the Iran ceasefire was over, triggering broad-based losses across sectors.

The republican President called Tehran "dirty players" and declared the ceasefire between the two countries effectively over, while speaking in Ankara, where he is attending the NATO summit.

The stock price of Stove Kraft, the company behind popular Indian kitchenware brands like Pigeon and Gilma, has been rising today.

The Nifty 50 closed 516.65 points, or 2.12%, lower at 23,882.05. The Sensex fell 1,677.12 points, or 2.15%, to 76,503.60.

INS Mahendragiri, built under Project 17A, features advanced stealth, CODOG propulsion and over 75% indigenous content, boosting Indian Navy capabilities.

As of 3:07 p.m. the stocks pared some losses with IndiGo trading 5.2% lower at Rs 5,114.50 and SpiceJet down 4.16% at Rs 11.5.

30-share BSE Sensex tanks 1,722.99 points, or 2.20%, to 76,457.73 in intraday trade; 50-share NSE Nifty tumbles 530.05 points, or 2.17%, to 23,868.65

Labour Law Reporter emphasizes that while ₹1,800 is the default PF contribution, employers must have legal grounds to reduce contributions beyond this amount. Employee protections against wage reductions remain vital under the Social Security Code.

Brent crude oil prices surged 5% to $78 a barrel, meanwhile US benchmark West Texas Intermediate (WTI)prices surged 5% to $74 a barrel.

The warning comes hours after CENTCOM confirmed it had struck more than 80 targets inside Iran on Wednesday, in retaliation for attacks on three commercial vessels transiting Hormuz earlier this week.

The Investment Banking role at OpenAI is meant for professionals with at least two years of investment banking experience who understand.

Shares of the state-run oil & gas explorer traded higher despite the stock market crash amid renewed US-Iran tensions that led to a spike in global crude oil rates by upto 5%.

MCX gold August futures contract fell 1.5% or Rs 2,240 to Rs 1,43,037 per 10 grams, while the MCX silver September futures dipped 3.17% or Rs 7,307 to Rs 2,23, 550 per kg.

European shares declined on Wednesday as renewed Middle East tensions and higher oil prices weighed on investor sentiment, while technology stocks traded mixed amid concerns over the sustainability of the AI-driven rally. Airline, banking and auto stocks led the losses, although select technology names and Swedish broadband provider Bahnhof outperformed.

All tracked sectoral indices traded lower, with Nifty PSU Bank falling 2.64% and Nifty Financial Services down 2.4%.Nifty Bank and Nifty Rural declined 2.33% each, while Nifty FMCG lost 2.29%.

Brent crude oil prices surged 5% to $78 a barrel, meanwhile US benchmark West Texas Intermediate (WTI)prices surged 5% to $74 a barrel.

Industry officials expect further diversification over the next few years, with payment companies likely to deepen their presence in secured and unsecured lending, wealth management, insurance distribution and merchant financial services.

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Banking stocks led the decline as renewed geopolitical tensions and fresh comments from US President Donald Trump weighed on investor sentiment.

The broader market is facing pressure too, with the Nifty Smallcap 250 falling almost 1.83%, and the Nifty Midcap 150 dropping about 1.60%.

Brent crude climbed as much as 4.2% to trade above $78 a barrel, while US benchmark West Texas Intermediate (WTI) rose above $74.8 a barrel.

This comes after US President Donald Trump lashed out at Iran, calling Tehran "dirty players" and declaring the ceasefire between the two countries effectively over, in his first remarks since confirming a fresh round of American strikes overnight.

In a statement posted to social media, US Central Command said American forces launched the strikes "to impose heavy costs for targeting and attacking commercial shipping crewed by innocent civilians in an international waterway."

The Income Tax (I-T) department has released an Excel utility for ITR-5, enabling taxpayers to file their return for the assessment year 2026-27. 

South Korea’s Kospi entered bear market territory after falling over 20% from its June peak, dragged down by a sharp selloff in semiconductor giants Samsung Electronics and SK Hynix. Finance Minister Koo Yun-cheol warned that heavy concentration in chip stocks is increasing market volatility. Despite the correction, Kospi remains the world’s top-performing major index in 2026.

Mariska Hargitay has earned eight Primetime Emmy nominations for the role of Detective Olivia Benson in Law & Order: SVU.

Residents with foreign assets or overseas income must file ITR-2 instead of ITR-1 before 31 July. Check who needs to file, mandatory disclosure schedules, penalties for non-compliance and steps to ensure accurate tax filing and avoid legal issues.

Foreign institutional investors purchased equities worth ₹393.19 crore on a net basis on July 7, according to exchange data

Experts say there are no pure-play ethanol mutual funds, but investors can gain exposure through select index, thematic and sectoral funds. Given the cyclical, regulatory and adoption risks, they suggest diversified funds rather than concentrated stock bets.

Michael Burry, famed for predicting the 2008 financial crisis, has increased his bearish bets against AI-linked chipmakers through the iShares Semiconductor ETF. His move has reignited concerns over stretched semiconductor valuations, the sustainability of the AI rally, and the possibility of a sharp correction in technology stocks.

SEBI said the change follows representations from depositories and was discussed by its Secondary Market Advisory Committee.

Banking shares led the decline as the Sensex and Nifty fell after renewed tensions between the US and Iran weighed on investor sentiment.

Microcap stocks delivered stellar CY26 gains, with several companies rallying over 50%. Sterlite Technologies, MTAR Technologies and others emerged as multibaggers, attracting significant FII and mutual fund interest.

Japanese government bond yields surged to multi-decade highs as investors grew concerned over persistent inflation, rising government spending and uncertainty over the future path of Bank of Japan monetary policy. The benchmark 20-year JGB yield climbed to its highest level since 1996, reflecting growing worries about Japan’s fiscal outlook and borrowing needs.

Gold is best viewed as a long-term portfolio diversifier that can provide stability during periods of market volatility rather than as an asset for generating quick returns.

India’s gold jewellery sector faced multiple challenges in Q1FY27, including inflation concerns, higher interest rate expectations and the Adhik Maas period impacting wedding-related demand. Despite these pressures, Titan and Kalyan Jewellers reported strong business updates, supported by resilient jewellery demand, store expansion and growth across domestic and international markets.

The forces maintained a tight perimeter around the suspected location for several days.

Of the 24 arrested, 11 were taken into custody in California, while one arrest each was made in Indiana and Georgia.

Traffic police and civic authorities monitored the situation as intermittent showers continued across parts of Mumbai.

Police reportedly found no visible signs of injury, and the body has been sent for an autopsy to determine the exact cause of death.

A ₹60 lakh salary attracts a surcharge of 10% under the new tax regime in addition to slab-wise income tax and 4% health and education cess. In this case, the final tax liability comes to ₹15.53 lakh, resulting in an effective tax rate of 25.88%.

TCS is expected to post modest Q1FY27 profit growth with flat sequential revenue as weak client spending, wage hikes and AI-driven pricing pressure weigh on performance. Investors will closely track management commentary on demand recovery, BFSI growth, deal wins, margins and AI strategy after the stock’s sharp correction this year.

Bitcoin slipped below $63,000 after a brief rally above $64,000 as investors remained cautious and avoided aggressive bets on altcoins. Analysts said the cryptocurrency is consolidating near key resistance levels, while softer ETF demand, geopolitical uncertainty and mixed technical signals continue to weigh on broader market sentiment.

Foreign Institutional Investors bought equities worth ₹393.19 crore on July 7, according to exchange data

During the RNOR window, your Indian income is taxed exactly as it would be for any resident. Any income earned in India is taxable and must be declared in the ITR

Knack Packaging achieved a strong market debut, listing at a premium. Experts recommend holding the stock for potential further gains. Investors can consider accumulating shares on dips after reviewing performance. The company manufactures printed and laminated woven polypropylene bags for various industries. Knack Packaging exports its products to seventy-one countries globally.

Kalyan Jewellers shares rose sharply on Wednesday after the company reported an estimated 38% year-on-year growth in consolidated Q1 revenue, driven by robust demand in India and strong same-store sales. Its international business and digital jewellery platform Candere also posted healthy growth, despite the seasonal impact of Adhik Maas.

Inox India Ltd., one of the global leaders in cryogenic technology solutions, has won multiple orders worth Rs 939 crore since 21 May 2026 to date.

Kalyan Jewellers share price advanced 6.4% intraday to Rs 377.7 apiece.

Rivian shares fell after the electric vehicle maker announced a $1.5 billion share offering, raising concerns over shareholder dilution. The company said the proceeds will support expansion plans, including its Georgia plant and R2 model, despite improving revenue guidance and maintaining a strong cash position.

FDA Commissioner Tukaram Mundhe tells NDTV in an exclusive interview that unlicensed rural milk dairies in Maharashtra are destroying their stock out of fear of enforcement action, and has urged them to register instead of incurring losses.

The broader market is facing slight pressure too, with the Nifty Smallcap 250 falling almost 0.1%, and the Nifty Midcap 150 dropping about 0.16%.

SanDisk stock faces a sharp correction after a significant rally this year. Investors are booking profits amid a broader selloff in AI and memory chip stocks. Concerns about the sustainability of the memory supercycle are weighing on market sentiment.

Kusumgar specialises in engineered fabrics for military and demanding environments, holding a National Award for NBC warfare clothing development.

Jewellery retail majors Titan and Kalyan Jewellers have reinforced their growth credentials with strong business updates for the June quarter, prompting ICICI Securities to maintain its positive stance on both stocks.

Henry Singleton emphasized cash flow over reported earnings for business success. Sustainable businesses generate strong cash, not just accounting profits. Management should focus on economic value, not quarterly earnings targets. Investors gain deeper insights by examining operating and free cash flow. Cash generation remains the essential lifeblood of any business.

From the laugh-out-loud chemistry of Pritam and Pedro to the stylish mystery of Spider-Noir, these five web series are compact enough to finish on the go.

Indian government bonds experienced a decline in early trading on Wednesday. This downturn followed Middle East tensions that pushed oil prices higher. The benchmark bond yield rose, ending a recent period of decline. Foreign investors continue to provide strong support through significant debt purchases. Overnight index swap rates also started the session with a paying bias.

The All India NPS Employees Federation has proposed changes to HRA, transport allowance, fitment factor and salary calculations in its submission to the 8th Central Pay Commission.

The action follows notices issued to several beverage brands for allegedly misbranding products as "energy drinks" and making misleading claims.

South Korean economic officials will closely monitor factors causing market volatility. Sharp swings in chip shares have unsettled investors and caused market fluctuations. Increased profit-taking and global AI expectations contributed to the heightened market volatility.

The rise in crude oil prices weighed on stocks across sectors that typically face higher energy and raw material costs when oil becomes more expensive.

The private bank informed the exchanges that the RBI gave nod for the appointment of Mahesh Muralidhar Pai as Managing Director and CEO for a three-year term, effective October 1, 2026.

A Shiv Sena corporator and his supporters assaulted doctors and staff at a Kalyan-Dombivli hospital after a dispute over NICU bed availability.

A Bengaluru corporate couple relocated to Manali to work remotely. They shared their experience detailing how they accidentally started saving ₹30,000 a month.

PC Jeweller shares climbed 6.5% after the company said it had repaid all outstanding debt owed to two of its 14 consortium banks under a September 2024 settlement agreement. Calling it a key milestone in its turnaround, the jeweller said it expects to clear the remaining debt and achieve debt-free status during the current quarter, strengthening its financial position.

Value Research data shows that 13 stocks are owned by only one mutual fund scheme each. Such exclusive holdings offer an insight into the differentiated investment strategies adopted by some fund managers.

Info Edge share price rose as much as 5.03% to Rs 1,217.8 a piece.

Microsoft is cutting 4,800 jobs, including 3,200 across Xbox. Veteran executive Kevin LaChapelle is among those laid off as the company restructures its gaming business following slower-than-expected growth.

‘Technicals have not merely supported fundamental pricing this cycle — they have displaced it’

The commodity exchange rebounds after four straight sessions of losses, even as investors weigh the impact of weaker derivatives activity on transaction-driven earnings.

The Finance Ministry has extended two additional investment choices under the National Pension System to employees of central autonomous bodies. Eligible subscribers can now opt for pension funds with equity exposure of up to 75%, depending on their risk appetite.

The brokerage expects domestic-focused pharma companies to outperform peers exposed to high-value US generic opportunities, with Sun Pharma, Cipla and Jubilant Pharmova emerging as its preferred picks ahead of Q1 FY27 results.

Shares of Samsung Electronics and SK Hynix rebounded after an early sell-off as investors bought into the dip, supported by expectations of tight memory chip supply and optimism over AI demand. Analysts, however, cautioned that memory pricing growth could moderate later in 2026 despite favourable near-term industry fundamentals.

Motilal Oswal expects 44 companies, including Bharti Airtel, Trent, IndiGo, HAL, GAIL and Cipla, to report double-digit year-on-year profit declines in the June quarter. Higher energy costs, weaker demand, geopolitical tensions and margin pressure are expected to weigh on earnings, even as overall corporate profit growth slows in Q1.

Motilal Oswal expects 44 companies, including Bharti Airtel, Trent, IndiGo, HAL, GAIL and Cipla, to report double-digit year-on-year profit declines in the June quarter. Higher energy costs, weaker demand, geopolitical tensions and margin pressure are expected to weigh on earnings, even as overall corporate profit growth slows in Q1.

Gold and silver prices today, 8 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.

Shares of IOCL, BPCL, and HPCL opened nearly 2% lower each and extended losses to shed by 4% trade in red amid a broader bearish sentiment across the domestic frontline indices.

Bank Nifty declined after losses in SBI, Bank of Baroda, PNB and Canara Bank, while options data showed fresh short bets.

Despite fresh tensions between the US and Iran, gold and silver prices remain muted in India while falling in the global markets.

According to the BMC, Vihar Lake, which was nearly full a day ago, started overflowing at 9 p.m. on Tuesday. Tulsi lake also followed shortly after.

Revenue growth is expected to remain healthy across segments, with large-, mid-, and small-cap companies likely to report sales growth of 17%, 15%, and 16% YoY, respectively.

The stock rose to an intraday high of Rs 4,313.50, before paring some gains. At around 9:31 a.m., Bayer CropScience shares were trading 1.73% higher at Rs 4,193.60.

Oil-sensitive Indian stocks tumbled significantly after US airstrikes on Iran. Crude oil prices climbed as sanctions on Iranian sales were reinstated. These events reignited concerns over Middle East stability and potential supply disruptions. Shipping through the Strait of Hormuz remains vulnerable, impacting global energy supply routes. Analysts expect oil inventories to stay under pressure until Gulf supplies resume.

Oil-sensitive Indian stocks tumbled significantly after US airstrikes on Iran. Crude oil prices climbed as sanctions on Iranian sales were reinstated. These events reignited concerns over Middle East stability and potential supply disruptions. Shipping through the Strait of Hormuz remains vulnerable, impacting global energy supply routes. Analysts expect oil inventories to stay under pressure until Gulf supplies resume.

The price band for the IPO is set between Rs 203 and Rs 214 per share.

Starbucks, which operates in India through a joint venture with Tata Consumer Products, plans to add up to 100 stores every year to its current network of over 500.

Five NSE F&O stocks recorded over 5% growth in futures open interest on July 7, led by Trent and Cochin Shipyard, signalling fresh position buildup and heightened trader participation in derivatives.

Indian stock markets experienced a decline on Wednesday as oil prices surged. Benchmark indices Sensex and Nifty fell significantly due to renewed Iran-US conflict escalations. Broader market indices also slipped into the red, reflecting widespread bearish sentiment. Foreign investors, however, continued their buying trend for a fifth consecutive session. The Indian rupee opened lower against the US dollar amid these developments.

Maruti Suzuki, the leading automobile maker, received a demand of over Rs 9 crore from the Maharashtra customs authority on 6th July for payment of duties on imported goods at different rates.

Samsung is expected to debut incremental successors to the Galaxy Z Fold 7, which unfolds like a book, and the clamshell-style Galaxy Z Flip 7.

Nifty Oil and Gas fell 1.4%, leading losses among sectoral indices. On the flipside, Nifty Pharma rose 0.81%, while Nifty IT gained 0.14%.

MCX gold August futures contract dipped 0.1% to Rs 1,45,130 per 10 grams, while the MCX silver September futures dropped 0.06% to Rs 2,30,711 per kg.

Sold a house and reinvested the gains but missed the construction deadline due to Covid? The Chennai ITAT says that alone is not enough to deny Section 54 tax exemption. The Tribunal held that pandemic-related delays cannot be treated as negligence and allowed the capital gains exemption claim.

Palghar has declared a school and college holiday on 8th July due to heavy rain and an IMD Yellow Alert. Schools in Mumbai and Pune remain open, with authorities advising students and parents to monitor local weather updates.

Individuals paying monthly rent above ₹50,000 are required to deduct TDS at 2% before making the payment to the landlord. Timely deduction, deposit of TDS through Form 26QC and issuance of Form 16C can help avoid unnecessary penalties and tax notices.

WBJEEB has released the Round 1 seat allotment results for WBJEE Counselling 2026. Candidates can check their seat allocation on the official website and must complete admission formalities by July 11.

Nifty holds broader uptrend despite ending its winning streak; support at 24,280 and July 3 gap zone remains crucial.

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

US forces struck Iranian air defence systems, command and control networks, coastal radar sites, anti-ship missile capabilities and more than 60 Islamic Revolutionary Guard Corps small boats in and near the strait.

In a statement posted to social media, US Central Command said American forces launched the strikes "to impose heavy costs for targeting and attacking commercial shipping crewed by innocent civilians in an international waterway."

Uno Minda is expanding into four-wheeler passenger vehicle seating systems. A new manufacturing facility will be established in Maharashtra. This facility represents a significant capital expenditure for the company. Operations are expected to begin in the fourth quarter of FY28. The company has secured an anchor order from a leading OEM.

Tata Consultancy Services will announce its Q1 FY27 financial results on July 9, 2026, with the board meeting to approve standalone and consolidated figures and consider an interim dividend.

On July 7, four Nifty500 stocks closed more than 1% above their VWAP levels, indicating improving buying interest and positive intraday sentiment. A close above the Volume Weighted Average Price is often viewed as a short-term bullish signal, reflecting sustained demand and the potential for further upside, according to technical scan data.

Coforge is expected to lead Q1 IT growth with a nearly 20% revenue jump, even as weak spending and AI pressures weigh on the broader sector.

ITR filing for AY 2026-27 requires intraday and F&O traders to report business income correctly using ITR-3. Check the latest disclosure rules, business codes, turnover reporting requirements, tax audit thresholds, filing deadline and common mistakes to avoid for smooth tax compliance.

The Boeing Co. 737, operated by K2 Airways, was flying the less than two-hour route from Sharjah in the United Arab Emirates to Karachi when the crew reported the issue at 9:18 p.m. local time, according to the authority.

The near-simultaneous outages in both countries come against the backdrop of heightened regional tensions, with the United States and Iran having exchanged fresh strikes over the Strait of Hormuz within the same 24-hour window.

Lenders including Bandhan Bank Ltd., and non-bank firms such as CreditAccess Grameen Ltd., Satin Creditcare Network Ltd. and Muthoot Microfin Ltd., have significant exposure to the sector.

The US launched strikes on southern Iran after attacks on commercial vessels in the Strait of Hormuz. Explosions were reported in Sirik and Qeshm, escalating regional tensions and threatening maritime security.

Five stocks from the Nifty500 segment that gained over 3% featured in the RSI Trending Up scan on July 7 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.

As Microsoft cuts 4,800 jobs, Xbox CEO Asha Sharma laid out an ambitious plan to streamline games, staff operations, and employee teams

The 8th Pay Commission could significantly increase central government salaries if proposals on fitment factor, HRA, TA and DA merger are accepted. While estimates suggest a 60% rise in some cases, the government is yet to take a final decision.

Brent crude futures climbed $1.62, or 2.16%, to $76 a barrel, while U.S. West Texas Intermediate crude gained $1.63, or 2.31%, to $72 a barrel. Both benchmarks had already advanced about 3% on Tuesday after the United States withdrew the general licence that had allowed the sale of Iranian crude following the vessel attacks.

After the 13% crash, Trent shares have technically slipped below their 20-day EMA, while the RSI has witnessed a sharp downtick, signalling a shift in momentum from bullish to bearish, said Sudeep Shah, Head of Technical and Derivatives Research at SBI Securities

While Western Railway local train services remained operational, commuters said that there are delays of 1015 minutes.

The IPO has generated significant excitement in the grey market, where it is currently trading at a Grey Market Premium (GMP) of about Rs 166 per share. At this level, the stock is expected to list around Rs 585 per share, implying a potential gain of nearly 40% over the upper end of the IPO price band

The IPO has generated significant excitement in the grey market, where it is currently trading at a Grey Market Premium (GMP) of about Rs 166 per share. At this level, the stock is expected to list around Rs 585 per share, implying a potential gain of nearly 40% over the upper end of the IPO price band

Ahead of the listing, the grey market is indicating a positive debut. The IPO is currently commanding a Grey Market Premium (GMP) of around Rs 16 per share, suggesting an estimated listing price of Rs 186, about 10% higher than the upper end of the IPO price band of Rs 170.

This new section is not going to create any additional liability for taxpayers. It simply provides a separate section to report amounts that are not treated as income under the Income Tax Act.

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

Market experts recommend buying stocks in fmcg, food delivery and quick commerce and home finance sector, with defined stop-loss and target prices for Marico, Swiggy, Havells, Home First and Belrise.

Section 269ST bars individuals and businesses from accepting Rs 2 lakh or more in cash from one person in a single day, for one transaction, or for multiple transactions connected to the same event.

Knack Packaging will also be in focus as its shares make their debut on the exchanges.

Domestic markets ended lower after a four-session winning streak on Tuesday. Profit booking and weakness in Realty and Metals stocks impacted market sentiment. Foreign portfolio investors bought shares, while domestic institutional investors sold them. The Indian rupee saw its biggest single-session gain in three weeks. Investor focus remains on business updates and trade agreement progress.

Oil prices surged as the United States conducted airstrikes and revoked waivers for Iran. Asian stocks remained largely unchanged while investors assessed the geopolitical situation. S&P 500 and Nasdaq futures showed slight gains after earlier declines in US markets. Renewed tensions risk energy market disruptions and undermine the recent US-Iran peace deal. Investors are now shifting focus from AI sentiment to geopolitical concerns.

Pre-IPO placements are making a comeback in India after a quiet start to 2026. Companies are securing valuations and marquee investors before their public offerings. Several firms have already raised funds, with more planning placements soon. This strategy helps de-risk upcoming initial public offerings for issuers. Institutional investors gain early access and valuation insights through these placements.

Rising oil prices and renewed military action in the Gulf weighed on investor sentiment across the region.

The exchange marks the most serious challenge yet to the memorandum of understanding signed by US President Donald Trump and Iranian President Masoud Pezeshkian on 17 June.

In a statement posted to social media, US Central Command said American forces launched the strikes "to impose heavy costs for targeting and attacking commercial shipping crewed by innocent civilians in an international waterway."

While global crude prices have fallen over the past week amid easing geopolitical tensions and higher OPEC+ production, Indian consumers are yet to see any relief at the fuel pumps as petrol and diesel prices remain unchanged.

The Indian Rupee has depreciated significantly against the US Dollar since early 2025. Measures were introduced to boost capital inflows and support the currency. The Reserve Bank of India has intervened heavily in foreign exchange markets. A proposed foreign exchange cash reserve ratio could resolve currency leads and lags. This initiative aims to stabilize the Rupee without altering policy interest rates.

The general insurance sector saw a 16.7% premium income rise in June. Standalone health insurers led this growth with a 31% increase. First quarter collections for FY27 also climbed by 11.1%. Niva Bupa Health Insurance showed strong premium growth of 34% in June. ICICI Lombard General Insurance reported a 13.7% premium increase for the month.

U.S. oil prices increased significantly after military strikes against Iran. These actions followed Iranian attacks on three commercial vessels in the Strait of Hormuz. A Qatari liquefied natural gas tanker reported being struck by a drone. Maritime security sources indicated a Saudi-flagged crude oil tanker was also damaged. Fears of disruptions to tanker traffic through the Strait of Hormuz have resurfaced.

Brent crude climbed as much as 2.8% to trade above $76 a barrel, while US benchmark West Texas Intermediate (WTI) rose above $72 a barrel.

The Competition Commission of India approved the merger of fifty-one Malabar Group companies. These companies are primarily engaged in the jewellery business sector. Separately, the regulator dismissed a case against Nissan Motor India. The complainant had accused Nissan of anti-competitive dealership agreement termination practices. The CCI found no violation of competition rules in the Nissan case.

France vs Morocco, Spain vs Belgium, Norway vs England and Argentina vs Switzerland headline the quarter-final lineup as the race for the FIFA World Cup 2026 title enters its decisive stage.

Thunder 3 Season 1 Episode 1 will stream exclusively on Netflix on July 8, 2026. The first episode is expected to be available at 12:30 p.m IST for viewers in India.

Stocks in the news, big brokerage calls of the day, complete trade setup and much more!

Shakira reflects on confidence, femininity and self-expression, saying embracing her sensual side has made her feel empowered and strengthened her sense of identity.

Nifty 50 companies anticipate double-digit revenue growth for the June 2026 quarter. Profit growth is projected to remain in single digits due to margin compression. Input cost inflation and elevated crude prices are impacting profitability significantly. Companies with strong pricing power are expected to better protect their profit margins. Select sectors like automobiles and banking are poised for strong growth.

Indian government bonds may see further gains as US jobs data eases rate hike concerns. The potential inclusion of Indian sovereign bonds in a major index also supports bond prices. Retreating crude oil prices further contribute to the positive outlook for these bonds. Benchmark 10-year yields have already declined and are expected to ease more. Analysts anticipate further easing towards 6.64% levels in the near term.

The Indian rupee saw its best day in nearly a month, gaining against the dollar. This rise followed reports of Saudi Arabia reducing crude oil prices for Asian buyers. Geopolitical tensions eased, and shipments fully resumed through the Hormuz Strait. Foreign portfolio investor inflows into Indian equities also helped stabilize the currency. The rupee reversed losses from the past three days, ending stronger.

Chasing 202, India were bowled out for just 76 as England inflicted a record 125-run defeat to take a 2-0 lead in the five-match T20I series.

What fence-sitters can, and can’t, tell us about price increases

Gregor Kobel saved one penalty as Switzerland edged Colombia 4-3 in the shootout after 120 goalless minutes to set up a quarter-final clash against defending champions Argentina.

Argentina rallied from two goals down to beat Egypt 3-2 in a dramatic FIFA World Cup 2026 Round of 16 clash, but the result was overshadowed by controversy over a string of refereeing decisions.

Lionel Messi bounced back from a first-half penalty miss with a goal and an assist as Argentina rallied from two goals down to beat Egypt 3-2, moving the captain to the top of the FIFA World Cup 2026 Golden Boot standings.

U.S. markets closed lower as chip stocks declined on concerns the AI-driven rally may be overstretched. Losses in Micron and other semiconductor firms weighed on indices, while rising competition from China and unmet expectations after Samsung’s earnings added pressure. Investors are reassessing valuations amid continued volatility in AI-linked stocks.

U.S. markets closed lower as chip stocks declined on concerns the AI-driven rally may be overstretched. Losses in Micron and other semiconductor firms weighed on indices, while rising competition from China and unmet expectations after Samsung’s earnings added pressure. Investors are reassessing valuations amid continued volatility in AI-linked stocks.

Banks have also been given the flexibility of dropping mandatory alerts for lowvalue transactions. However, top-draw private banks, such as HDFC Bank or ICICI Bank, are unlikely to reduce SMS alerts for such transactions to ensure their reputation for technology adoption and customer experience isn’t compromised.

Irdai has implemented a new requirement for state insurers to create annual provisions for wage increases, intending to soften the financial repercussions of periodic wage negotiations. Insurers are now obliged to evaluate the sufficiency of these provisions quarterly after obligations become clear. The government has ruled out options for additional capital, instead banking on solvency improvements from IFRS 17 and stakes in the NSE.

The government is considering a merger of ASREC Asset Reconstruction Company with NARCL to enhance the functionality of state-sponsored bad-loan resolution efforts. This proposal, still in preliminary discussions, underscores a strategic effort for consolidation rather than growth. ASREC ARC is majorly held by public sector lenders and LIC, aiming for better management and scrutiny of bad loans.

Argentina came from two goals down to beat Egypt 3-2 in a dramatic Round of 16 clash, with Lionel Messi leading the fightback as the defending champions booked their place in the FIFA World Cup 2026 quarter-finals.

The crew operating flight AI816 from Mumbai to Delhi on July 7 discontinued the take-off run after receiving an instruction to do so from the Air Traffic Control.

A significant share of life insurance premiums is reinvested in securities that finance government expenditure. While the case for deeper insurance penetration is often made in terms of household financial protection, it is equally important for sovereign fiscal stability

E21 rollout may begin in 2027, while E25 will depend on scientific validation despite adequate ethanol production capacity.

With the July 31 deadline approaching, only a small percentage of taxpayers have filed their returns. Cleartax CEO Archit Gupta warns against assuming an extension this year, as slower filing rates could lead to increased pressure before the due date.

On the flipside, if the benchmark manages to stay above the key support it could retest 24,500—24,550 levels.

Naval forces in the region later published a report saying that there had been a third attack on an unspecified tanker.

Trump says the U.S. will lift CAATSA sanctions on Turkiye, prompting a widely shared reaction from President Erdogan at the NATO summit.

This combination of data sources would make the upcoming index a “unique blend” of multiple data sources and methodologies

Mumbai Rain News Live Updates: The India Meteorological Department issued an orange alert for Mumbai, Ratnagiri, and Thane. Palghar is on red alert.

Income-tax returns: Today we explain the circumstances under which taxpayers can appoint authorised representative, the requirements, eligibility criteria and other important factors.