Wall Street experienced a sharp decline as the Federal Reserve maintained interest rates. AI-related chip stocks also saw further losses ahead of key earnings reports. Investors are concerned about the sustainability of AI spending and increasing competition from China. Major companies like Microsoft and Meta Platforms are set to release their quarterly results soon. The market anticipates potential future interest rate hikes due to ongoing inflation concerns.

Federal Reserve Chairman Kevin Warsh stressed commitment to the 2% inflation target. He clarified there is no implicit inflation target above this for the committee and noted that the committee is focused on understanding the underlying inflation dynamics and shocks.

Bullion gains as the Fed keeps rates unchanged and traders dial back expectations of a September rate increase after the policy statement.

Fed regional presidents Beth Hammack, Neel Kashkari and Lorie Logan pitched for a 25-basis-point rate hike, signalling growing pressure on Chair Kevin Warsh.

Mandatory tagging of the authorised sales person to every insurance proposal, policy and certificate of insurance is a key feature

The 15-year-old batting sensation will serve as deputy to Ishan Kishan in a star-studded East Zone squad featuring Mohammed Shami.

Among those who congratulated Karishma and Varun were Wamiqa Gabbi, Smriti Irani, Sonal Chauhan, and Amruta Khanvilkar, while thousands of fans also celebrated the arrival of the newest member of their family.

The 31 July ITR filing deadline may not apply to all salaried taxpayers. The applicable due date depends on the taxpayer’s overall income profile, ITR form, and audit requirements. Those with business or professional income may get additional time. 

A level last seen in 2009-10, official data reveal a structural shift: private industry accounted for 45.5% of national R&D spending in 2021-22, rising further to 51.8% in 2023-24, the first time businesses have contributed more to India’s research effort than all levels of government combined

We will be back with more updates tomorrow!

Revenue rose 5.7% sequentially to Rs 3,845 crore compared with Rs 3,639 crore in the March quarter.

However, the country’s tech sovereignty score is expected to move up very slowly from 32% in 2025 to 35% by 2030

New AI music model brings improved vocals, lyrics and creative controls to Flow Music.

Market experts shared their insights on fundamentals and technical levels for key stocks Dabur, BEL, Angel One, L&T, Bajaj Housing and J&K Bank.

Dhaval Packaging raised Rs 9.99 crore from anchor investors ahead of its IPO, with Vikas Khemani-led Carnelian Asset Management investing Rs 5 crore.

EAC-PM member Sanjeev Sanyal reveals how a 25-step, three-portal bureaucratic maze trapped citizens’ unclaimed shares and dividends, until a process overhaul pushed monthly approvals from 900 to over 14,500.

Mandatory BIS certification for television sets deferred by six months, giving manufacturers and importers more time to meet compliance norms.

LIC said it is completing 70 years and as on March 31, 2026 the asset base stood at ₹59.03 lakh crore.

Meta officials, it is learnt, attributed the error to AI-powered automated content filters.

India had claimed seven medals in the boxing events at the Birmingham Games in 2022, including three gold, one silver, and three bronze medals.

Oil prices surged significantly amid renewed Middle East airstrikes and supply concerns. U.S. crude inventories dropped to a multi-year low, further impacting market sentiment. Military actions in the Strait of Hormuz and surrounding regions contributed to price volatility. Analysts predict oil prices will fluctuate within a broad range in the near term. OPEC+ is expected to maintain current oil output levels for upcoming months.

Apart from Allu Arjun, the film reportedly features an ensemble cast including Deepika Padukone, Rashmika Mandanna, Mrunal Thakur, and Janhvi Kapoor in key roles.

The 36-year-old assistant professor was found dead in his campus residence on Wednesday, with police investigating the circumstances surrounding the incident.

Large & mid-cap funds have historically delivered a balance between returns and volatility. Over the past 5 years, the benchmark index gave 14% returns, compared with 10% for large-caps and 18% for mid-caps. 

Tehseen Poonawalla, founder of Team Bharat, emphasised they have not sought for a complete rollback of E20.

Financial Services drives growth as company bets on enterprise AI, raises full-year earnings guidance

Jammu and Kashmir Bank reported a 12.6% decline in Q1 net profit to Rs 424 crore due to higher provisions despite improved asset quality. Advances and deposits grew strongly, while net interest margin narrowed, triggering a nearly 13% decline in the bank’s share price.

While business witnessed the expected midweek dip, Jana Nayagan continued to register healthy footfalls in its primary markets, with Tamil Nadu leading the overall performance.

Piyush Goyal said the India-US BTA will take effect once the US ensures Indian exports enjoy a competitive tariff advantage over neighbouring and ASEAN countries.

The US Federal Reserve is expected to keep interest rates unchanged, with markets increasingly pricing in a September hike. Persistent inflation, geopolitical tensions, elevated oil prices and upcoming economic data continue to shape policymakers’ outlook and strengthen the case for tighter monetary policy.

Average wealth of a GenZ and millennials wealth creator was ₹5,094 crore

Strong growth in CDMO and hospital generics businesses lifts revenue, while operating profitability improves sharply despite a quarterly loss.

NCDEX has launched the Nidhi mutual fund platform with six AMCs to expand SIP investments and improve mutual fund access across rural and semi-urban India.

Over the years, Kohli and Sharma have built an impressive portfolio of premium properties across Mumbai, Gurugram and Alibaug.

Track Q1 FY27 earnings live as Adani Enterprises, Bajaj Housing Finance, Asian Paints, Eicher Motors, KPIT Tech and 100+ firms announce June quarter results, guidance and key updates.

Minister of State for Civil Aviation Murlidhar Mohol says inspections conducted at Boeing’s facility in Seattle found no defect in the fuel control switch, which has come under scrutiny after the AI 171 crash in Ahmedabad

The Bandra West apartment in Shiv-Asthan Heights spans 758 sq ft with two parking spaces and was originally purchased by Salman Khan in 2015.

The ministry noted that continued tensions in the Gulf region and potential disruptions to shipping through the Strait of Hormuz have already contributed to higher energy prices.

Indian markets rebounded over 1% on strong earnings and IT buying, with Nifty closing at 24,250. Analysts recommended Lloyds Metals and Ashapura Minechem, citing bullish technical breakouts, strong momentum, rising volumes and sustained strength above key moving averages ahead of the US Fed decision.

In FY26, Amazon Web Services India experienced a remarkable increase in its consolidated net profit, soaring over tenfold to reach Rs 242.8 crore, while consolidated revenue from operations also experienced a growth of about 21 percent, hitting Rs 20,225.6 crore. However, the standalone net profit faced a downturn of approximately 14 percent, despite a standalone revenue increase of 21.4 percent, totaling Rs 20,225.6 crore.

The product registered U.S. sales of around $1.6 billion for the twelve months ending April 2026

Jyotiraditya Scinida stated that there has been 97% drop in mobile internet rates in the last 10 years.

CBIZ shares surged 17% after Grant Thornton Advisors agreed to acquire the company for $5 billion in cash. The deal will create the fifth-largest US accounting and advisory firm, overshadowing mixed quarterly results and accelerating consolidation in the professional services industry.

Copper and airport businesses see healthy revenue growth, helping offset weaker performance in coal trading and some new energy businesses

Despite varying investment strategies, some small-cap stocks are common across mutual fund portfolios. The latest analysis reveals the 10 most widely held small-cap stocks, with PNB Housing Finance featuring in 146 schemes, followed by Crompton Greaves and RBL Bank.

SBI Cards and Google Pay have launched the Google Pay Flex SBI Card, a digital credit card offering UPI payments, Rs 1,000 welcome benefits, up to 18,000 annual Stars rewards and annual fee reversal on spending Rs. 1 lakh.

Eicher Motors has announced an impressive 21.4 percent rise in profits for the first quarter. Royal Enfield has set a new benchmark with its highest quarterly sales volume to date. The company is also investing Rs 1,225 crore in a new greenfield facility in Andhra Pradesh, aimed at significantly boosting motorcycle production capacity. Additionally, VE Commercial Vehicles has reported strong sales figures for the same quarter.

Waaree Energies has reported a profit increase of 15.39 percent for the June quarter, fueled by higher revenues that bolstered its financial performance. Notably, the company boasts a record order book of around Rs 61,500 crore. Additionally, module production experienced a remarkable year-on-year rise of 41.51 percent, while emerging business ventures are now making a significant impact on total revenue.

Nothing plans to deepen India manufacturing, expand R&D and retail footprint, while warning that rising memory costs will push up smartphone prices and force product delays across the industry.

The Council of Higher Secondary Education will release te CHSE Odisha instant and supply result 2026 online on its website. Students can follow the below meniotned steps to download Odisha CHSE 12th supplementary result 2026.

Further details on the magnitude, depth and impact of the earthquake are awaited.

While the Income Tax Department has extended ITR filing deadlines in the past, there is currently no indication of any such move for Assessment Year 2026-27.

Nishant Kumar joins Boyoung Company delegation to inspect the Tatiguntapalli Industrial Park for the proposed project; says discussions with the company representatives look encouraging

Insurance revenue rose 12.6% year-on-year to Rs 4,917 crore in the quarter under review.

Vedanta Power has posted a standalone loss of Rs 449 crore for the June quarter, albeit with total income rising to Rs 1,844 crore in the first fiscal quarter. Power sales saw a significant boost of 38 percent year-on-year, attributed to improved generation from essential assets. The company envisions expanding its capacity to 20 GW by FY33, aiming to rank among the top three private power sector players.

The expanded footprint will strengthen its global innovation network, supporting the design and development of advanced semiconductor solutions for AI, cloud and data infrastructure applications

Karnataka Bank reported a 43% year-on-year rise in Q1 net profit to Rs 419 crore, driven by stronger business growth, improved asset quality and lower provisions. Net interest income, operating profit and margins increased, while advances and deposits posted healthy year-on-year growth.

Brand New Day has already generated more than Rs 85-crore gross in bookings for its opening weekend. Of that, over Rs 45-crore gross has come from advance sales for the opening day alone.

Taxpayers who filed their ITR in May or June should revisit their return before the 31 July deadline. Checking e-verification status, AIS, TIS, Form 26AS, TDS credits, bank details and reported income can help avoid errors and refund delays. 

You’ve got a nice trust there. Would be a shame if something happened to it

Gianni Infantino has set a Sept. 19 deadline for FIFA member associations to approve the World Cup investment plan, with UEFA and others raising governance concerns.

Track Q1 FY27 earnings live as Adani Enterprises, Bajaj Housing Finance, Asian Paints, Eicher Motors, KPIT Tech and 100+ firms announce June quarter results, guidance and key updates.

ACE MF data shows HDFC Value Fund leading value funds, Motilal Oswal Midcap Fund topping midcaps and Aditya Birla SL Medium Term Plan delivering 8.5% CAGR.

As oil prices surged on Wednesday, Euro zone government bonds experienced a decline. Heightened hostilities in the Middle East were a major factor driving Brent crude upward. Economists are keenly observing energy trends for signs of inflation that might influence monetary policy changes, contributing to traders’ nervousness surrounding the upcoming interest rate announcement from the US Federal Reserve.

Lokesh Ahuja from Nykaa shared a cautionary tale about hidden AutoPay mandates after teaching his mother how to make UPI payments. He emphasises the importance of digital literacy.

Vertiv shares fell 14% in premarket trading after second-quarter revenue missed estimates despite strong profit growth. The AI data centre equipment maker cited project timing and supply chain issues, while raising full-year guidance amid sustained global demand and expanding capacity.

Zerodha co-founder Nithin Kamath warned that rapid growth in margin trading funding could amplify market downturns, especially in small- and mid-cap stocks. He cautioned that forced selling, liquidity constraints and rising leverage may intensify losses despite SEBI’s safeguards.

Six BSE Commodities Index stocks touched fresh 52-week highs as Sensex surged 972 points. Oriental Aromatics, Lloyds Metals, Tanfac Industries, Sudeep Pharma, Yasho Industries and Pidilite Industries gained on sustained buying interest, signalling strong investor confidence and bullish market momentum.

Indian benchmark indices rallied over 1% as Sensex climbed 889 points and Nifty crossed 24,250, adding Rs 4 lakh crore in market value. Strong IIP data, optimism over FII inflows and gains in IT and metal stocks outweighed rising geopolitical tensions and oil prices.

The company posted a consolidated bottom-line of Rs 850 crore

During the day, 30-share BSE Sensex surged 1.30%, to 77,765.49; The 50-share NSE Nifty climbed 1.10%, to end at 24,250.20

Legendary investor Lou Simpson emphasised that management quality is central to long-term investing success. Effective leaders allocate capital wisely, execute strategy, uphold governance and create shareholder value, while poor leadership can erode competitive advantages and weaken even fundamentally strong businesses.

Track Q1 FY27 earnings live as Adani Enterprises, Bajaj Housing Finance, Asian Paints, Eicher Motors, KPIT Tech and 100+ firms announce June quarter results, guidance and key updates.

Revenue falls 17% quarter-on-quarter as higher margins help cushion the impact on profitability.

Treasury prices paused after a three-day rally, with investors reassessing the outlook for US monetary policy.

The study by IOCL, the Indian Institute of Petroleum, SIAM, and ARAI, has not yet been made public; Union Minister of Road Transport and Highways Nitin Gadkari cites findings in the Rajya Sabha

A Chennai taxpayer faced a ₹1.92 lakh penalty after her tax consultant made errors in the ITR filing. ITAT Chennai waived the penalty, ruling that a genuine mistake by a tax professional cannot be treated as misreporting of income under Section 270A. 

Ramnath Thakur provided details of serving Union Ministers, Members of Parliament, who have received financial assistance under the NHB Schemes

RCB retained the top spot for the second successive year, becoming the first cricket franchise to cross the $300-million brand valuation mark after a 16% rise in brand value.

The July 31 deadline applies to most individual taxpayers, including salaried people and those whose accounts do not need to be audited.

In a written reply to the Rajya Sabha on Monday (July 27, 2026), Minister of State for Civil Aviation Murlidhar Mohol said the DGCA, as part of continued airworthiness, had directed Original Equipment Manufacturer (OEM) level testing of the fuel control switch locking mechanism in Seattle

Dabur India reported a 15% rise in Q1 consolidated net profit to Rs 591 crore, driven by price hikes, cost efficiencies and broad-based FMCG growth. Revenue rose 11%, rural demand outpaced urban markets, while international business and premium brands delivered strong momentum.

The former Netherlands all-rounder will oversee cricket strategy, talent scouting and player development across Knight Riders franchises worldwide.

Revenue declined 5% sequentially to Rs 3,612 crore from Rs 3,803 crore in the previous quarter, reflecting softer business performance during the period.

The International Day of Friendship, often referred to as International Friendship Day, is observed worldwide on July 30.

OpenAI’s delayed detection of the breach has put the company’s AI safety measures under scrutiny.

Mr. Shrivastava joined LIC in 1990 as an Assistant Administrative Officer and has worked in all four tiers of organisational structure — branch, divisional, zonal and central offices

The issue attracted a robust response from investors with bids of more than two times against the base issue size of ₹ 3,000 crore

The total income rose to ₹11,673.71 crore in the quarter under review from ₹9,422.18 crore in the year-ago quarter

Track Q1 FY27 earnings live as Adani Enterprises, Bajaj Housing Finance, Asian Paints, Eicher Motors, KPIT Tech and 100+ firms announce June quarter results, guidance and key updates.

Minister Gadkari cited the ARAI study which has not been made public

Telegram, an encrypted messenger app founded in 2013, which has more than 1 billion users, and is widely used on both sides of the Russia-Ukraine war.

Dhanlaxmi Bank reported a more than twofold rise in Q1 net profit to Rs 24.9 crore, driven by higher income and lower provisions. Asset quality improved with gross NPAs declining to 1.8%, while operating profit increased 55% year-on-year despite sequential moderation.

Schools have been directed to ban the sale and promotion of foods high in fat, trans fat and sugar on campuses and nearby areas, with principals tasked to ensure compliance.

Australia continues to lead the World Test Championship standings, while India sits fifth ahead of its Test series against Sri Lanka and Pakistan remains at the bottom.

Bajaj Housing Finance Q1 Results: Bajaj Housing Finance on Wednesday reported a net profit of Rs 715 crore for the first quarter of FY27, marking a 23% year-on-year rise from the Rs 583 crore net profit reported in the corresponding quarter of FY27, with net interest income rising 9% YoY to Rs 968 crore.

Ousted Bangladesh PM says she is prepared to face arrest, prison or death as she vows to return from exile in India amid legal proceedings.

Maruti Suzuki exports more than 41,000 e Vitara units to 47 countries since its launch last year

The company, which was earlier part of the larger Vedanta Ltd. umbrella, posted a net profit of Rs 945 crore in the June quarter

A single, regularly updated financial master sheet can organize scattered accounts, key legal documents, and vital contacts before a crisis hits.

FDA Commissioner Tukaram Mundhe announced that the orders—issued to ensure "safe food for every child in Maharashtra"—aim to build a healthy food culture among children.

Centre cites advanced OEM tests, rules out fault in fuel switch locking mechanism

Edelweiss Alternatives Asset Advisors has secured over Rs 1,200 crore for its second Discovery Fund and made its first investment by leading a Rs 230-crore Series A round in Arboreal Bio Innovations to support manufacturing expansion and product development.

The odds of a rate cut? It depends who you ask . . . 

State Bank of India raised Rs 4,691 crore through Basel III-compliant Additional Tier 1 bonds at a 7.75% annual coupon. The issue received bids exceeding twice the base size, reflecting strong demand from institutional investors across multiple domestic financial segments.

SML Mahindra will acquire Mahindra Truck and Bus Division from Mahindra & Mahindra through a slump sale in FY27. The deal consolidates truck and bus operations, expands its commercial vehicle portfolio, enhances scale, unlocks synergies and strengthens competitiveness across above-3.5 tonne segments.

The lender helped planting 50 lakh trees since fiscal 2022, including 86,600 in fiscal 2026, while creating water storage potential of 3,437 crore litres since inception.

Sawan 2026 begins on July 30. Check the complete Somvar Vrat calendar, start date, puja rituals, and spiritual significance of Shravan month.

The bill was passed in the aftermath of widespread GenZ led protest all over the country

Adani Ports Q1 Results: Domestic ports revenue grew 12% YoY, driven by cargo volume growth, superior product mix,and higher realization. EBITDA margin stood at a best-in-class 74%

Entry-level positions, particularly junior quality assurance and Level-1 IT support jobs, are bearing the brunt of this automation wave.

SIPs help reduce entry-timing risk through rupee-cost averaging but cannot shield investors from valuation, liquidity, concentration or fund-selection risks. Investors should not mistake SIPs for a complete risk-management strategy.

Northern Arc Capital posted its highest-ever quarterly profit as strong growth in digital lending and its Direct-to-Customer business boosted earnings during the June quarter.

A BBC documentary features allegations from 10 women against Jared Leto, including claims of sexual misconduct, grooming, and inappropriate conduct during encounters between 2002 and 2016.

The Jammu & Kashmir Bank saw its consolidated net profit rise 12.6% to Rs 424 crore.

Indian stock markets experienced a significant surge on Wednesday. Benchmark indices Sensex and Nifty both rose over one percent. This occurred despite a sharp increase in oil prices due to US-Iran tensions. Broader markets also traded positively, with IT and Metal sectors leading gains. Market volatility remained subdued as broader markets showed strength.

Indian stock markets experienced a significant surge on Wednesday. Benchmark indices Sensex and Nifty both rose over one percent. This occurred despite a sharp increase in oil prices due to US-Iran tensions. Broader markets also traded positively, with IT and Metal sectors leading gains. Market volatility remained subdued as broader markets showed strength.

In an exclusive interview with NDTV Profit, Sahil Barua said nearly 100% of freight contracts are fuel-cost protected, ruling out any long-term hit to margins from elevated crude oil prices.

SML Mahindra Board approves acquisition of Mahindra Truck and Bus Division through slump sale for ₹525 crore. Stock gains 20% to ₹4,565.50 on BSE

Despite a sluggish broader market, 15 top-performing Indian midcap stocks generated massive wealth over the past year, surging up to 98%. Led by names like Laurus Labs and Bharat Forge, this detailed breakdown highlights their price rallies alongside key foreign institutional investor and mutual fund holding patterns in June 2026.

Expecting an income tax refund this year? Filing your ITR is only half the job. Simple mistakes like an unvalidated bank account, TDS mismatch or pending tax demand can delay your refund even after the return is processed.

Asian Paints shares rose 3% after the company reported a 40% jump in Q1 net profit and an 18% increase in revenue, supported by stronger operating margins

Grasim Industries will hold a board meeting on August 12, 2026, to approve Q1 FY27 financial results, covering unaudited standalone and consolidated figures for June 30, 2026.

July 2026 FD rates show small finance banks offering up to 8.10% interest, ahead of leading private and public sector banks. Compare FD rates, tenures and key investment factors across seven major lenders before booking a fixed deposit to secure better returns.

V-Guard Industries reported a strong June quarter, with consolidated net profit rising to Rs 130 crore and revenue increasing to Rs 1,811 crore.

Adani Enterprises Q1 Results: Revenue from operations in the reporting period increased 50% year-on-year (YoY) to Rs 32,924 crore.

Adani Enterprises Q1 Results: Revenue from operations in the reporting period increased 50% year-on-year (YoY) to Rs 32,924 crore.

Nifty IT led sectoral gains, rising 1.8%. Nifty Auto gained 0.97%, while Nifty Metal and Nifty FMCG advanced 0.85% and 0.83%, respectively. Nifty Realty fell 0.56%, while Nifty Oil and Gas declined 0.1%.

In a closure report, the CBI had said that nothing substantial emerged to establish cheating and criminal conspiracy among Coal Ministry officials and JLD Yavatmal Energy

The inaugural edition is scheduled to be held during the FIFA international window from September 21 to October 6, 2026.

There was no fair and transparent procedure, says Bench

A bizarre alleged act of deception during an English club cricket match has gone viral, with the so-called "Clicky Ponting" incident triggering widespread debate, an official investigation and strong reactions from across the cricketing world.

Track Q1 FY27 earnings live as Adani Enterprises, Bajaj Housing Finance, Asian Paints, Eicher Motors, KPIT Tech and 100+ firms announce June quarter results, guidance and key updates.

Asian Paints reported Q1FY27 net profit of Rs 1,539 crore, exceeding estimates of Rs 1,240 crore, with revenue at Rs 10,542 crore beating forecasts.

KPIT shares surged nearly 10% intraday to Rs 662.65 after results but pared gains to close up 8.31%, despite a year-to-date decline of 44.9% in the stock price.

Northern Arc Capital posted its highest-ever quarterly profit as strong growth in digital lending and its Direct-to-Customer business boosted earnings during the June quarter.

SML Mahindra Ltd. shares surged 20% on Wednesday after its board approved the acquisition of the Mahindra Truck & Bus Division, creating a unified truck and bus business under a single entity.

The remark came at a time when the rupee had weakened against the U.S. dollar amid global uncertainties, including elevated crude oil prices, geopolitical tensions and capital outflows from emerging markets.

Asian Paints Q1 Results: Asian Paints reported a strong Q1 FY27 performance, with consolidated net profit rising 40% year-on-year to Rs 1,539 crore, driven by robust demand and improved profitability. Consolidated net sales grew 18% to Rs 10,521 crore, while margins expanded on the back of calibrated price hikes, a better product mix, sourcing efficiencies and disciplined cost management.

Small-Cap Stock Under Rs 1,000: Tips Music Ltd. announced on Wednesday, July 29, that the board will conduct its official meeting on Aug. 5, 2026to consider a proposal for the buyback of equity shares.

European bond markets have largely tracked developments in the Gulf conflict since hostilities began in late February, with movements in energy prices playing a key role in shaping investor sentiment. Market participants are closely monitoring whether a sustained rise in oil prices could fuel broader inflation pressures and prompt central banks to maintain tighter monetary policies, Reuters reported.

The speciality chemicals maker is expanding into battery materials, speciality carbon products, advanced chemicals and tyres as it targets new earnings streams under the China+1 supply chain shift.

European stocks saw a slight increase, driven by strong mining and energy sectors. Commodity prices surged, influencing gains in these key areas of the market. Personal and household goods stocks also advanced, boosted by positive company results. Technology shares experienced a minor dip, reflecting investor caution on spending. Investors are now awaiting signals on future monetary policy from the US Federal Reserve.

Nomura Holdings experienced a remarkable 39% net income surge in the first quarter, driven by favorable market volatility and unprecedented stock price levels. Additionally, increased wealth management fees contributed significantly to this growth. The company also achieved record highs in investment banking revenue, reflecting a dynamic start to the year. Looking ahead, Nomura expects a flourishing environment for dealmaking.

Devyani International has reported an impressive surge in net profit for the June quarter, marking a substantial revenue increase of 16.47% to Rs 1,580.51 crore. Likewise, total income experienced a robust rise of 16.72%. They earlier announced a merger with Sapphire Foods India, setting the stage for the formation of one of the largest quick-service restaurant chains in the country.

The Adani Group is planning to raise another $3–4 billion over the next six months after mobilising Rs 43,500 crore through equity fundraising in the past nine months. Adani Green, Adani Ports and Adani Enterprises are expected to lead the fundraising, even as domestic mutual funds have raised their holdings in key Adani companies to a record Rs 1 lakh crore.

McDonald wants the squad to have 17 players and has cited the example of the FIFA World Cup which allows the team to have 26 members in the squad despite having only 11 on-field players.

Revenue from operations, also known as topline, rose 36.3% YoY to Rs 2,432 crore in Q1FY27, compared with Rs 1,784 crore in the corresponding quarter last year (Q1FY26).

Devyani International shares rose around 6% after the company reported a more than fourfold jump in Q1 net profit. Revenue increased 16.5% year-on-year, while Ebitda and margins also improved

The documentary follows his rise after winning the UEFA Champions League with FC Porto before covering his time at Chelsea, Inter Milan and Real Madrid.

Government clarified that EPS 1995 and EFPS 1971 beneficiaries will continue to receive pensions under EPS 2026. Pension calculation, contribution rates and eligibility remain unchanged, while the new scheme introduces faster digital claim processing and electronic pension disbursement.

Track Q1 FY27 earnings live as Adani Enterprises, Bajaj Housing Finance, Asian Paints, Eicher Motors, KPIT Tech and 100+ firms announce June quarter results, guidance and key updates.

CarTrade Tech reported a 19.3% rise in June-quarter net profit and a 16.3% increase in revenue.

Topline, also known as revenue, rose 16.5% year-on-year (YoY) to Rs 1,581 crore in Q1FY27, compared to Rs 1,357 crore in the corresponding quarter last year (Q1FY26).

UBS reported a 17% rise in Q2 net profit to $2.8 billion, beating analyst estimates on strong wealth management and investment banking growth. The Swiss lender announced a $3 billion share buyback plan and achieved $12.6 billion in cumulative Credit Suisse integration savings while trimming its workforce below 100,000.

The Supreme Court quashed the 2021 Centre Office Memorandum allowing retrospective environmental clearances for projects started without prior approval.

CarTrade Tech shares fell over 7% despite the company reporting a strong Q1 FY27 performance, with consolidated net profit rising 19% YoY to Rs 51 crore. Revenue from operations grew 16% to Rs 201 crore, while total income hit a record Rs 230 crore. EBITDA surged 45% YoY to Rs 63 crore, with margins improving to 31%.

Indo MIM, Lohia Corp and Xtranet Technologies, all three IPOs are scheduled to list on the BSE and NSE on July 30, when investors will see whether grey market expectations translate into actual listing gains.

Thangamayil Jewellery shares tumbled despite strong Q1 FY27 results. The company reported an 86% YoY rise in net profit to ₹85 crore, while revenue from operations surged 71.2% to ₹2,666.4 crore in the June quarter.

A fond farewell to a fund-management veteran

BlueStone Jewellery and Lifestyle shares surged nearly 7%, extending their one-month rally to around 50% after robust Q1 FY27 earnings. The company reported a net profit of Rs 14 crore against a year-ago loss, while revenue rose 49% and EBITDA more than doubled. Analysts say the uptrend remains intact, but investors should watch key technical support and resistance levels.

NRIs inheriting financial assets in India often face delays due to missing documents, KYC issues and nomination gaps. Experts explain the steps, paperwork and common mistakes that can help ensure a smoother transmission process.

Colgate reported a 7% rise in Q1 net profit and nearly 12% revenue growth, aided by strong toothpaste demand, while EBITDA margins narrowed year-on-year.

Market experts shared their insights on fundamentals and technical levels for key stocks.

Track Q1 FY27 earnings live as Adani Enterprises, Bajaj Housing Finance, Asian Paints, Eicher Motors, KPIT Tech and 100+ firms announce June quarter results, guidance and key updates.

F&O stocks will stop trading in the cash market at 3:15 p.m., making way for a Closing Auction Session that will last until 3:35 p.m.

Despite the strong earnings and improved asset quality, City Union Bank stock fell 5% on Wednesday

Coca-Cola shares reached a record high after strong quarterly earnings and a raised outlook, driven by resilient demand, pricing power, Zero Sugar growth, and investors seeking stable defensive stocks amid market volatility.

Cholamandalam Investment delivered a strong operating performance, supported by healthy disbursement momentum, 22% YoY AUM growth, and steady margins.

KPIT Technologies shares gained over 4% on July 29 to reach Rs 627.70 ahead of its Q1FY27 earnings announcement. Despite near-term momentum and strength in the broader IT sector, the stock remains under medium-term pressure following institutional stake reductions and lower revenue expectations for upcoming quarters.

The rupee found support from positive domestic equity market sentiment after FIIs turned to buying Indian stocks, said forex traders

Coforge shares surged after the IT services firm reported strong Q1 FY27 results. Net profit jumped 63% YoY, while revenue from operations rose 49% YoY to ₹5,527.7 crore, marking a 24% QoQ growth. The strong performance boosted investor sentiment toward the stock.

BSE Sensex jumped 726.13 points to 77,471.26; NSE Nifty climbed 203.50 points to 24,189.05

Cash, property, or gifts over ₹50,000 from non-relatives are taxable, but relief options also exist for residents, which can reduce tax liability significantly or to zero. Details here.

Cash, property or gifts over ₹50,000 from non-relatives are taxable, but relief options are available that can significantly reduce or eliminate tax liability. Details here.

Mirae Asset says a shift away from mandatory ABS and CBS fitment could ease costs for entry-level motorcycles and scooters if the government adopts performance-based safety standards.

Despite record profits and revenue, SK Hynix shares plunged as earnings missed lofty expectations, AI memory shipments lagged, and investors questioned sustained AI spending, triggering broader semiconductor and Asian technology stock selloffs.

For this initiative, a budget allocation of Rs 5,110 crore has been made in the 2026-27 Budget.

ChangXin Memory Technologies’ explosive market debut has drawn intense scrutiny in Washington; investors are betting that China can successfully build a domestic semiconductor industry capable of powering advanced AI without depending on the West

H.R. Hygiene Products’ ₹43.17 crore SME IPO opened for subscription on Wednesday and received a 13% subscription in the initial hours. The issue, which comprises 44.44 lakh shares, will remain open until July 31, 2026.

Chinese stocks fell Wednesday as artificial intelligence shares faced selling pressure. Hong Kong shares outperformed, driven by strong gains in internet platform companies. Investors shifted funds away from technology hardware into traditional sectors like real estate. New United States trade restrictions targeting Chinese robots also weighed on sentiment. This rotation reflects reassessment of artificial intelligence investment returns and geopolitical concerns.

A rogue pre-market trade in SK Hynix shares in Seoul triggered a 20% flash drop in crypto perpetual contracts on Hyperliquid. The oracle price anomaly wiped out nearly $60 million in long positions, resulting in $17.4 million in realised losses for over 900 crypto traders.

Track Q1 FY27 earnings live as Adani Enterprises, Bajaj Housing Finance, Asian Paints, Eicher Motors, KPIT Tech and 100+ firms announce June quarter results, guidance and key updates.

HDFC Bank collected the highest amount among private lenders at Rs 1,798.14 crore, followed by Axis Bank at Rs 1,081.33 crore.

Manipal Health Enterprises opened its Rs 9,275 crore IPO at a price band of Rs 560 to Rs 590 per share, with subscription open until July 31 and listing expected on August 5.

CoinDCX Co-founder Sumit Gupta writes that disciplined investing through crypto SIPs is replacing market timing. Beyond Bitcoin, structural value is forming across stablecoin payment rails, real-world asset tokenisation led by institutions like BlackRock, and emerging AI agentic commerce infrastructure.

Juniper Green Energy IPO opens on July 30. Check the latest GMP, price band, lot size, key dates and other details before applying.

Continuous rainfall has left large parts of Assam flooded after the Brahmaputra and its tributaries overflowed, claiming 75 lives and affecting lakhs of people. Relief efforts underway.

A Delhi ITAT ruling clarifies that taxpayers can correct an ITR if overseas salary was wrongly reported as taxable in India. But if the income is exempt under the DTAA, foreign tax credit cannot be claimed.

Tata Capital shares rose nearly 4% on Wednesday following a stellar Q1 FY27 performance. Consolidated net profit jumped 56% YoY to Rs 1,547 crore, while assets under management reached Rs 2.91 lakh crore. The NBFC also announced its strategic expansion into gold loans by acquiring an 88.6% stake in Yogloans.

Varun Beverages reported a 15% profit and 20% revenue increase in Q1 FY2027. Consolidated sales volumes grew by nearly 20% driven by India and international markets. Gross margins expanded while depreciation and finance costs rose due to acquisitions. The company also announced a strategic alliance to introduce the Calpis brand. A second interim dividend of Rs 0.50 per share was approved by the board.

While "AI is one of the dominating trends in global markets," he said the optimism around the technology will eventually trickle down to Indian markets, even though its rollout in the country is likely to be slower.

The RBI had cancelled PPBL’s banking licence three months ago

Kevin Warsh faces one of his biggest policy tests yet as the Fed concludes its July meeting amid growing debate over inflation and interest rates

The guarantee would be valid for a period of approximately two years.

Manipal Health Enterprises Ltd opened its IPO on July 29, with a price band of Rs 560-590 per share, targeting to raise up to Rs 9,275 crore. The issue closes on July 31.

International revenues stood at ₹ 34,393 crore, contributing 51% of the Company’s total revenues. The Company secured orders worth ₹ 108,014 crore, registering a YoY growth of 14%. 

Shares of Standard Chartered and other financial institutions with exposure to Hong Kong and mainland China have been hit in recent months after Chinese authorities moved to crack down on its citizens moving wealth offshore

KPIT Technologies shares rose more than 4% ahead of its June-quarter earnings. Street estimates peg revenue at Rs 1,691.5 crore.

Several key market warning indicators are approaching crisis levels now. Elevated oil prices and geopolitical uncertainty fuel inflation concerns for consumers. The powerful artificial intelligence stock rally faces increasing scrutiny over its sustainability. Bond yields remain high, and margin debt has reached record levels. Investors closely monitor these signals for signs of broader financial stress.

Income tax filing deadline 2026 LIVE Updates: The due date to file ITR is around the corner. The government extended the deadline last year due to technical glitches, but a similar relief is unlikely this time, experts warn.

Income tax filing deadline 2026 LIVE Updates: The due date to file ITR is around the corner. The government extended the deadline last year due to technical glitches, but a similar relief is unlikely this time, experts warn.

Goldman Sachs and Citi cut target prices after June-quarter earnings, but analysts remained positive on demand, premiumisation and margin resilience.

Artificial intelligence complicates economic assessments for central banks globally. The technology simultaneously boosts demand and expands future supply potential. Policymakers face an unusually complex environment as AI impacts investment and trade. Distinguishing AI-driven growth from overheating economies presents a key challenge. Monetary policy misjudgements risk increasing as economies adjust to AI expansion.

VST Industries shares fell over 4% on Wednesday after reporting a 25% YoY drop in Q1 FY27 net profit to Rs 42 crore and a 13% drop in revenue. The cigarette maker cited higher tax incidence, weak operating margins, and Middle East geopolitical tensions as key drag factors on performance.

Net profit declined 40.9% quarter-on-quarter (QoQ) to Rs 62.8 crore, compared with Rs 106 crore in Q4FY26. Revenue fell 21.2% QoQ to Rs 357 crore from Rs 453 crore in the preceding quarter.

The rupee strengthened by five paise to 95.77 against the US dollar on Wednesday. This appreciation marks the fourth consecutive day of gains for the Indian currency. Foreign institutional investors turned to buying Indian stocks, supporting the local market sentiment. Meanwhile, the dollar index traded lower ahead of Federal Reserve policy announcements. Crude oil prices saw a rise after an overnight incident involving Iran and US forces.

Phoenix Mills shares fell as much as 5% despite reporting a 23.2% rise in Q1 net profit and 12.8% revenue growth, as investors weighed mixed brokerage views

Ambuja Cement began Q1 FY27 on a strong footing, delivering meaningful cost savings despite industry-wide inflation in energy, diesel, and packaging costs driven by geopolitical disruptions, adds Nirmal Bang.

Hindustan Unilever (HUL) shares rebounded 2.2% after brokerages retained bullish views despite the FMCG major reporting a 3% YoY decline in Q1 FY27 net profit that missed estimates. Revenue rose 10% to Rs 17,341 crore, driven by its strongest underlying sales growth in 13 quarters. The profit decline was due to a one-off tax credit in the year-ago period.

South Korea resumed trading after a temporary halt as investors weighed renewed geopolitical tensions and awaited signals from the Federal Reserve.

Benchmark indices surged nearly 1% in early trade, with Sensex rising over 700 points and Nifty crossing 24,150 despite a spike in oil prices. Gains were supported by IT stocks, rupee strength and resilience to global AI selloff, while broader markets advanced and volatility eased.

Indian stock indices Sensex and Nifty rose nearly one percent today. This surge occurred despite a sharp increase in oil prices due to escalating tensions. Several factors including global AI selloff resilience and rupee gains supported the market. Foreign institutional investors remained net buyers of Indian equities on Tuesday. The US Federal Reserve is expected to keep interest rates unchanged today.

Indian stock indices Sensex and Nifty rose nearly one percent today. This surge occurred despite a sharp increase in oil prices due to escalating tensions. Several factors including global AI selloff resilience and rupee gains supported the market. Foreign institutional investors remained net buyers of Indian equities on Tuesday. The US Federal Reserve is expected to keep interest rates unchanged today.

Gold and silver prices today, 29 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.

Bond investors are adopting a cautious stance before the Federal Reserve policy meeting. Uncertainty over inflation and interest rates pushes them towards high-quality assets. Most investors expect the Fed to keep benchmark interest rates unchanged this week. Recent energy price spikes and inflation concerns have complicated the policy outlook. Investors are prioritizing liquidity and risk management while awaiting clearer economic signals.

Prominent investors Mukul Agrawal, Ashish Kacholia, and Dolly Khanna have exited eleven stocks. Their stakes in these companies have declined below one percent this quarter. Some stocks saw gains while others experienced significant price drops. These investors are known for identifying promising small-cap companies. Their moves suggest profit booking and reduced exposure to underperformers.

The remark came at a time when the rupee had weakened against the U.S. dollar amid global uncertainties, including elevated crude oil prices, geopolitical tensions and capital outflows from emerging markets.

Ratings agency Fitch highlights AI boom and market correction as major global credit risks. Unprecedented AI spending and soaring valuations may outpace uncertain future returns, Fitch stated. Geopolitical tensions, particularly the U.S.-Iran conflict, add further significant challenges to the credit environment. Emerging markets face additional pressure from rising costs and climate-related shocks. Policymakers and investors navigate increasing dependence on AI investment amid global uncertainties.

The measures are expected to hit Unitree, a world leader in humanoid robots with just under a fifth of global market share, according to Counterpoint Research data.

Indo MIM, Lohia Corp and Xtranet Technologies, all three IPOs are scheduled to list on the BSE and NSE on July 30, when investors will see whether grey market expectations translate into actual listing gains.

Nifty IT led sectoral gains, rising 1.8%. Nifty Auto gained 0.97%, while Nifty Metal and Nifty FMCG advanced 0.85% and 0.83%, respectively. Nifty Realty fell 0.56%, while Nifty Oil and Gas declined 0.1%.

The remark came at a time when the rupee had weakened against the U.S. dollar amid global uncertainties, including elevated crude oil prices, geopolitical tensions and capital outflows from emerging markets.

The victim was drawn into WhatsApp groups that claimed to offer tips on IPOs and stock market investments after he clicked on a notification.

Dabur India reports Q1FY27 results on July 29. Investors will track revenue, margins, rural demand, management outlook and dividend announcements.

L&T reported a better-than-expected performance for the June quarter, led by strong order inflows, resilient execution in its core engineering and construction business and stable margins.

Apple became the most valuable company in the world earlier this month, overtaking chipmaker Nvidia

Regional markets gave up opening gains as selling intensified, forcing a temporary trading halt in South Korea.

Guru Purnima 2026 falls on July 29. Check the Purnima tithi timings, puja muhurat, rituals, significance and how devotees celebrate the festival.

Coca-Cola has been forced to import pricier, larger 330-ml cans from Southeast Asia to replace its standard 300-ml offerings, raising prices by over 10% in the process.

ULIP income in ITR for AY 2026-27: Exemption rules, capital gains reporting, correct form choice and filing tips ahead of 31 July deadline.

Banks collected over ₹26,170 crore from customers as minimum balance penalties between FY23 and FY26, according to a Rajya Sabha reply. While most public sector banks have now scrapped such charges on savings accounts, private lenders continue to collect thousands of crores annually.

EPFO members need to submit a new nomination after marriage and specify that any nomination filed before marriage will be deemed invalid.

Whatcha gon’ do with all that junk

Foreign investors reduced stakes in most Nifty IT stocks during the June quarter. Oracle Financial Services Software saw the largest foreign investor stake increase. Mutual funds also cut holdings in nine of ten Nifty IT companies. Some foreign investors now see opportunities in beaten-down IT valuations. Sector growth faces challenges from artificial intelligence and global economic factors.

Eicher Motors will announce its Q1 FY27 results on July 29. Check the results timing, earnings call schedule, dividend status and key metrics to watch.

Shree Balaji (Mala) Textiles made a blockbuster stock market debut, listing at Rs 133 on the BSE SME platform, a 90% premium over its issue price of Rs 70. The strong listing followed robust investor demand, with the IPO subscribed 186.34 times overall, led by retail investors at 228.24 times, while NIIs and QIBs also showed strong participation.

Shree Balaji (Mala) Textiles made a blockbuster stock market debut, listing at Rs 133 on the BSE SME platform, a 90% premium over its issue price of Rs 70. The strong listing followed robust investor demand, with the IPO subscribed 186.34 times overall, led by retail investors at 228.24 times, while NIIs and QIBs also showed strong participation.

GRSE will announce Q1 FY27 earnings today. Track the results timing, dividend news, key business metrics and share price movement.

According to trade analyst Ramesh Bala, Spider-Man: Brand New Day could earn Rs 42-45 crore gross on Day 1 and Rs 140-150 crore gross over its opening weekend.

Macquarie upgraded Indus Towers to Neutral from Underperform, citing a recent stock correction despite maintaining a cautious growth outlook.

Crucially, L&T has maintained its full-year margin and annual 10-12% year-on-year revenue guidance. Jefferies noted that keeping this annual guidance intact strongly implies that the second half of the financial year (H2) will see accelerated growth and stronger overall performance.

As the ITR filing deadline approaches, taxpayers can use various fintech platforms for online submissions. These services aim to simplify the process, with expert assistance available. Details here.

More than 23 million consumers use the two platforms every year to buy or sell used cars, and the companies expect the partnership to make the customer journey more seamless.

Energy and AI costs, not rent, to drive office expenses higher, finds a JLL report.

Manipal Health Enterprises IPO has fixed the price band at Rs 560 to Rs 590 per share.

Jefferies, Citi and Morgan Stanley remained positive on Varun Beverages after its June-quarter results, saying international markets, healthy demand and double-digit volume growth should outweigh near-term margin pressure.

Banking is still the best risk-reward pocket in my view—valuations are attractive, credit growth is strong, and NPAs are very low. There’s also some value in healthcare and a few capital goods names where order books are robust, and earnings don’t depend on crude. This correction feels like a genuine accumulation opportunity for quality, and I’m quite optimistic that patience will pay off in the second half of FY27, once the oil situation settles down.

Over 110 companies, including Asian Paints, Eicher Motors, Adani Enterprises, Bajaj Housing Finance will announce Q1FY27 earnings on July 29.

Goldman Sachs, Morgan Stanley and Macquarie trimmed their target prices on DMart after its investor meet, citing slower store additions and softer growth expectations.

Cipla said it has received US FDA approval for its Abbreviated New Drug Application (ANDA) for generic Advair Diskus (fluticasone propionate and salmeterol inhalation powder) across all three dosage strengths.

Oman had put forward a joint regional mechanism to manage traffic through the strait and collect voluntary fees, an arrangement it said had regional backing and would stop Iran gaining sole control.

Clayton succeeds Bill Pulte, whose 40-day interim tenure featured mass layoffs, and before him Tulsi Gabbard, who resigned in June.

Brent crude jumped 5% to around $88 a barrel, recovering after its biggest three-day decline since April 2020. The U.S. West Texas Intermediate (WTI) crude advanced $.67, or .47%, to $83.

Tesla and SpaceX have shed a combined $1.5 trillion in market value since mid-June

The income tax return filing deadline is approaching, with only two days left. Tax experts explain how taxpayers can complete ITR filing quickly using the correct forms and documents, pre-filled data and e-verification before 31 July.

The 200 DMA is used as a key indicator by traders for determining the overall trend in a particular stock.

Ferns N Petals aims for an initial public offering by late 2028. The company plans to fund expansion and acquire other gifting brands. Annual revenue growth of approximately twenty-five percent is targeted. The retailer will also expand its store network to three hundred fifty locations. This move supports growth in India and international markets.

A ₹15,000 monthly SIP invested for 30 years at an assumed annual return of 12% can potentially grow into a corpus of around Rs 5.29 crore.

With the July 31 deadline for income tax return filing nearing, the tax department urges taxpayers to file early to avoid last-minute stress and errors. Details here.

Oil prices increased significantly on Wednesday due to declining U.S. crude inventories. OPEC+ is expected to halt output increases starting in October, supporting prices. Shrinking U.S. crude inventories contributed to the price surge in early trade. Gasoline and distillate inventories saw modest increases during the same period. Market participants await official U.S. inventory data later today.

Top picks include Tata Consultancy Services Ltd. (TCS), Dabur India Ltd., Eternal Ltd., Radico Khaitan Ltd., and NLC India Ltd.

The missile launch came hours after Trump held a closed-door meeting at the White House with Israeli Prime Minister Benjamin Netanyahu.

While some analysts remained cautious on valuations and macro risks, the broader view was that the lender continues to execute well across key operating metrics.

SK Hynix, which leapt past Samsung to take the lead in the red-hot AI memory arena, has shed more than $500 billion of value since June as doubts grew about whether spending will justify lofty valuations.

The Finance Ministry has clarified in Parliament that the 8th Pay Commission is not required to share regular progress updates with the Centre. The Commission has autonomy, may determine its own procedures under the ToR, and will submit its final recommendations after 18 months, the minister said.

Check the latest 24K and 22K gold prices in Mumbai, Delhi, Chennai, Kolkata and Bengaluru for July 29.

Global benchmark Brent crude rose more than 3% toward $87 a barrel, recovering part of the nearly 16% decline recorded over the previous three sessions. West Texas Intermediate (WTI) also climbed, trading near $83 a barrel, as traders reassessed geopolitical risks.

Waaree Energies is expected to report revenue at Rs 8,058.9 crore and profit at Rs 994.9 crore. Ebitda is expected to be at Rs 1,552.7 crore with margin at 18.56%.

Nagpur remains under an orange alert for heavy to very heavy rainfall, thunderstorms, lightning and gusty winds at isolated locations.

At last count, Futures for the international benchmark Brent crude for September delivery rose 3.42% to $86.97 per barrel, while US West Texas Intermediate (WTI) crude futures gained 3.58% to $82.09 per barrel.

Indian industrialist considers offer for Associated British Ports as two Canadian pension funds prepare to sell stakes

The disruption delayed hundreds of flights as aircraft were unable to depart until the issue was resolved. The outage also coincided with severe thunderstorms that triggered delays and ground stops at several airports across the US East Coast.

Conventional wisdom says child-free couples need a smaller retirement corpus. In reality, longer retirements, caregiving costs and the absence of a family safety net can make financial planning more demanding.

You can calculate your tax liability under both the old tax regime and the new tax regime and then choose the option where you have to pay less tax.

The benchmark index closed up 0.2%, while the tech-heavy Nasdaq 100 Index dropped 1%, paring a heavier slump that brought it close to correction territory.

Crude oil prices surged and US equity futures declined following renewed Middle East conflict. American crude oil jumped nearly five percent, topping eighty-three dollars a barrel. Treasury futures also moved lower, and the dollar strengthened against major currencies. Technology shares remained under pressure as investors questioned artificial intelligence spending returns. Markets await the Federal Reserve policy decision and significant corporate earnings reports.

Looking for Guru Purnima 2026 greetings? Explore heartfelt wishes, messages, quotes and WhatsApp status captions to express gratitude.

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

Indian stock markets closed lower on Tuesday after early gains faded. Larsen & Toubro and Tata Capital reported strong profit growth for the quarter. Ambuja Cement and Suzlon Energy, however, saw their profits decline year-on-year. RVNL announced a record date for its final dividend and secured a new order. Phoenix Mills posted a profit increase, while VST Industries experienced a profit drop.

Indian information technology stocks rallied Tuesday after global AI pressure eased. Coforge reported significant revenue and profit increases, boosting the sector. Other major IT firms also saw substantial gains during the trading session. This positive movement follows a period of underperformance for the IT sector this year. Analysts suggest resilient demand and attractive valuations are driving investor confidence.

Silicon Warsh is a hawk