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Ardee Industries IPO subscribed 98 times on final day, NII portion booked over 233 times
Robust institutional and retail participation reflected strong investor appetite, with proceeds earmarked for working capital, debt reduction and expansion
Indias renewable energy sector gains momentum with 5.25/unit RTC tariff discovery
Indias competitive RTC renewable energy tariff reflects growing confidence in integrated clean power solutions, alongside calls for stronger regional energy cooperation
NRIs engaging in property transactions in their home country should be aware of compliance issues like TDS, repatriation limits, and FEMA regulations. Informed decisions are crucial to avoid financial pitfalls, penalties and complexities in capital gains tax calculations.
Multibaggers: 12 stocks skyrocketed up to 925% in 6 months; here's how retail investors bet on them
Thirty-four BSE stocks doubled in six months, with 12 delivering returns of 169% to 923%. Retail investors raised stakes in several multibaggers while booking profits in others during June 2026 quarter.
SK Hynix approved investments of 54.3 trillion won through 2031 to expand semiconductor production, targeting rising AI-driven demand. Funds will support new DRAM facilities in Yongin and NAND flash capacity in Cheongju. The company also plans additional shareholder return measures, with details expected during the third quarter, strengthening growth prospects.
Rent paid in cash is not illegal, but this one mistake could cost salaried tenants their HRA benefit
In India, landlords may ask for cash rent payments. While cash payments do not disqualify HRA, lack of documentation can lead to claim scrutiny. Here's how to claim HRA benefit if you are paying rent in cash and complications that may arise.
Multi-asset funds vs largecaps: Why has the diversified strategy delivered better returns in 1 year?
Multi-asset funds are gaining popularity by diversifying across equity, debt, precious metals and other assets. Strong gold and silver gains boosted one-year returns, while active allocation and tax treatment vary by equity exposure.
European stock markets edged higher on Friday, supported by gains in healthcare stocks, while rising oil prices and renewed Middle East tensions kept investors cautious ahead of the closely watched U.S. non-farm payrolls report.
Global equity funds extend inflow streak to 11 weeks as earnings optimism lifts risk appetite
Global equity funds extended their inflow streak to 11 weeks, attracting $21.15 billion in the week ended August 5. Strong corporate earnings and easing crude prices boosted risk appetite. European and Asian equity funds led regional inflows, while emerging market equities saw their strongest weekly inflows in over five months.
SBI share price climbs 4% after Q1 profit jumps 10% YoY, beats estimates
SBI shares rose sharply on Friday after the lender reported a 10% year-on-year rise in Q1 FY27 standalone profit to Rs 21,121 crore, beating Street estimates. Net interest income rose 15% to Rs 46,992 crore, while total business crossed Rs 110 trillion. The stock remains 9% below its 52-week high.
Gold futures rise to Rs 1.50 lakh/10 gm on spot demand
Gold prices on Friday rose by 0.85% per 10 grams in futures trade as speculators created fresh positions on a firm spot demand
Sunil Singhania-backed Abakkus Small Cap Fund added Indo-MIM, Mrs Bectors Food Specialities and BEML to its portfolio in July while exiting Bank of Baroda and Cyient DLM. The fund also increased its exposure to HDFC Bank and 55 other stocks, according to its latest monthly portfolio disclosure.
European blue-chip companies are gearing up for their most promising quarterly earnings growth in the last three years, with the energy sector and basic materials industries making significant strides. The STOXX 600 index anticipates a remarkable earnings rise of 22.4 percent, alongside an uptick in revenue projections, marking the fastest sales growth seen in sixteen quarters. This overall profit resurgence is boosting investor confidence in European markets.
SBI Q1 Results: Standalone profit rises 10% YoY to Rs 21,121 crore, beats estimates
State Bank of India reported a ten percent year-on-year net profit growth. Its net interest income also saw a fifteen percent rise during the quarter. Total business crossed one hundred ten trillion rupees, with deposits exceeding sixty trillion. Advances grew nineteen percent year-on-year, driven by broad-based loan segment expansion. Margin improvements were noted, defying earlier analyst expectations of pressure.
Singapore's OCBC and UOB banks have exceeded expectations with their second-quarter earnings, showcasing resilience amid lending income challenges. OCBC achieved a record quarterly net profit, while UOB surpassed analyst forecasts. The first half saw substantial growth in wealth management income, prompting both banks to declare higher interim dividends for their shareholders based on these impressive results.
FD and KVP tax rules explained: TDS, taxable interest and key differences
Interest earned on fixed deposits (FDs) and Kisan Vikas Patra (KVP) remains taxable under the Income Tax Act, 2025. Understand FD TDS rules, KVP tax treatment, and how investors can report interest income correctly while filing income tax returns.
Suzlon Energy shares rise after US judge directs Pentagon to lift wind project freeze
Suzlon Energy shares rose after a U.S. judge ordered the Pentagon to lift its freeze on reviewing onshore wind projects. According to Reuters, U.S. District Judge Karin Immergut granted a preliminary injunction sought by renewable energy groups, who said the freeze had caused a otal halt in wind project development across the country.
Closing Auction Session: Why Sebi says the new framework is better than VWAP
Sebi has defended the new Closing Auction Session (CAS), saying it offers better price discovery and execution certainty than the earlier VWAP-based system. The regulator said CAS aligns Indian markets with global practices and aims to reduce price disruption. Traders, however, remain concerned about unpredictable closing prices and risk management.
Trent shares fall 3% despite Q1 beat as analysts diverge on growth outlook
Sell orders outnumber buys by nearly two to one, with 66 per cent of order flow on the sell side
Ixigo posts record Q1 profit, but stock tumbles 9%. Here's what worried Dalal Street
Ixigo shares fell nearly 9% despite the online travel company reporting its highest-ever quarterly profit in Q1FY27. The stock came under pressure after brokerages turned cautious, citing continued investments in hotels, AI and other growth initiatives that could weigh on near-term profitability. Shares later pared losses but remained down over 8% during Fridays session.
Whats driving Gold above $4,200? Fed bets & West Asia hopes drive rally
Spot gold was at $4,262.39 per ounce, up 0.60%, while MCX gold was around 1,31,850 per 10 grams; Silver increased 1.30% to $62.20 per ounce
Godrej Consumer Products shares fell 4.3% after the FMCG major reported its June quarter results. Consolidated net profit rose 12% year-on-year to Rs 505 crore, while revenue from operations increased 18% to Rs 4,225 crore. Despite healthy growth, the stock declined as investors reacted to the quarterly performance.
Britannia shares rise 2% after Q1 results; analysts mixed on margin miss
The stock opened at 5,502.50 against the previous close of 5,404, with traded volume crossing 10.41 lakh shares by early afternoon.
LIC shares rise 1.8% as analysts upgrade targets after record VNB margin beat
The stock reached an intraday high of 396.85 after the state-owned insurer reported improved Q1FY27 results on Thursday
RBI's draft curbs on revolving credit may impact NBFC flexi loans: Morgan Stanley
The Reserve Bank of India's (RBI) draft directions proposing restrictions on revolving credit facilities offered by non-banking financial companies (NBFCs) could affect flexi and overdraft loan products across corporate, MSME and unsecured personal loan segments, according to a Morgan Stanley report.
Adani Green Energy shares can rally up to 23%. Why Axis Capital, Elara initiated coverage
Brokerages Axis Capital and Elara Capital initiated coverage on Adani Green Energy, citing its ambitious plan to expand renewable energy capacity to 50 GW and strong long-term growth prospects. The firms see up to 23% upside, backed by robust capacity additions, improving cash flows and India's accelerating clean energy transition.
Behari Lal Engineering IPO price band set at Rs 271-285, issue opens on August 12
Behari Lal Engineering will launch its IPO on August 12 with a price band of Rs 271285 per share, aiming to raise over Rs 301 crore through a fresh issue and an offer for sale. The company plans to use the proceeds to expand manufacturing capacity, install rooftop solar systems, repay debt, and support general corporate purposes.
US Stock Market: Warsh's Fed leaves markets searching for policy clues
Federal Reserve Chair Kevin Warsh is changing the central banks communication approach, reducing reliance on forward guidance and leaving markets to interpret economic data more independently. The shift has triggered volatility in bond markets, with investors seeking clarity on future rate moves. As inflation remains elevated, the Feds new strategy faces scrutiny ahead of key economic indicators like the July jobs report.
Investments in gold ETFs continue to be net positive for 2nd week in a row
However, there was a $7 outflow for every inflow of $10, data from World Gold Council (WGC) showed
Bonus issue alert! This smallcap infra stock that jumped 50% in a month has declared 1:1 bonus issue
Chavda Infra has announced a 1:1 bonus issue, with shareholders set to receive one additional share for every share held. The Ahmedabad-based infrastructure companys stock has surged 53% in a month and 71% from its 52-week low, taking its market capitalisation above Rs 439 crore.
Nifty slides 90 points at noon; Bajaj Finance tanks 5%, IT stocks hold firm
On the BSE, 3,888 stocks were traded, 1,875 stocks advanced against 1,767 declines and 246 remained unchanged.
Market Test: Can SpaceX sustain gains after the share unlock?
SpaceX shares rebounded 6% after 900 million shares became eligible to trade following its first post-IPO lockup expiry, but investors remain cautious over future unlocks and potential volatility.
Airbnb's strong quarter: 5 key takeaways for investors
Airbnb raised its full-year 2026 revenue outlook following a strong Q2 performance. Revenue rose 17% to $3.61 billion, while EPS hit $1.37, beating Wall Street estimates. Robust international travel demand, FIFA World Cup bookings, and AI integration across host tools drove a sharp surge in after-hours stock trading.
Samvardhana Motherson shares rally over 7% after Q1 earnings; Motilal Oswal, Nomura weigh in
Samvardhana Motherson International shares surged after the company posted record Q1 FY27 revenue of 35,244 crore (up 17% YoY) and a 70.1% YoY jump in profit after tax to 1,032 crore, aided by recent acquisitions including Shenzhen Autocruis and the Wiring Harness businesses of Nexans Autoelectric and Yutaka Giken expected to add nearly $2 billion in annualized revenue.
Old strategies buried alive: How CAS hit Dalal Street traders
The new closing auction session (CAS) has rattled Dalal Street, with traders saying long-standing strategies are no longer working. SEBI, however, remains confident the system will improve as participation rises. Weak liquidity and volatile closing prices have intensified concerns, forcing traders and brokerages to adapt to the new market mechanism.
Global Market: China, Hong Kong stocks rise as strong trade data and AI demand lift sentiment
China and Hong Kong equities advanced on Friday after stronger-than-expected July trade data reinforced confidence in the country's export resilience. Robust demand for AI-related technologies, particularly semiconductors, lifted investor sentiment, while Morgan Stanley reiterated its preference for Hong Kong equities amid improving earnings prospects.
Crompton Greaves shares crash 7% despite strong Q1 results
Crompton Greaves Consumer Electricals shares fell to a day's low of 250 on Friday, even after posting strong Q1 results a day earlier. The company reported a 15.2% YoY jump in PAT to 143 crore (6.4% margin) and 11.8% YoY revenue growth to 2,235 crore, driven by broad-based performance across segments.
IPO-bound Fibe's AUM rises 63% to 8,603 crore in FY26
Fibes assets under management expanded from 4,064 crore in March 2024 to 5,268 crore in March 2025, before surging to 8,603 crore by March 2026
The Supreme Court has extended mandatory third-party motor insurance for new vehicles: four years for cars and six years for two-wheelers. Here's the difference between third-party and comprehensive motor cover and whether you can upgrade.
Gold and silver prices climbed on the MCX on Friday, extending their recent gains as easing oil prices and expectations around U.S. interest rates supported sentiment. Investors are now awaiting the U.S. nonfarm payrolls report for clues on the Federal Reserve's next policy move, while analysts advise caution ahead of the key data release.
Jefferies' Chris Wood sells HDFC Bank, PB Fintech shares to buy 2 new stocks
Jefferies' Christopher Wood is reshuffling his India long-only model portfolio, dropping HDFC Bank and PB Fintech's PolicyBazaar in favor of Multi Commodity Exchange of India (MCX) and eyewear retailer Lenskart Solutions. The move, detailed in his GREED & fear report, signals a shift toward exchange infrastructure and consumer retail plays.
Rupee falls 6 paise to 95.28 against U.S. dollar in early trade
Indian bonds buckle under oil spike, fresh debt sale
Indian government bonds declined early Friday, reversing some weekly gains. Higher oil prices and global rate fears impacted investor sentiment before a large debt sale. New Delhi plans to raise 320 billion rupees through bond auctions later today. The benchmark Brent crude contract saw a significant price increase since Tuesday. The Reserve Bank of India maintained its repo rate, easing immediate inflation concerns.
8th Pay Commission: Key Delhi meetings to start today; 5 updates for central government employees
The 8th Pay Commission will hold crucial stakeholder meetings in Delhi to discuss pay revision, pensions, allowances and employee welfare. Here are the latest official updates, upcoming consultation schedules and what central government employees and pensioners can expect before the final report.
US Stock Market: SpaceX shares gain as first lockup expiry more than doubles tradable float
SpaceX shares rose over 6% on Thursday in heavy trading, with more than $23 billion worth of shares changing hands likely the busiest session since the company joined the Nasdaq 100 on July 7. The rally came despite the first of several scheduled lockup expiries, which more than doubled the number of publicly tradable shares by unlocking about 911.5 million additional shares (on top of the roughly 639 million already in the public float).
Stock markets down in early trade dragged by rising crude oil prices
The 30-share BSE Sensex declined 235.36 points to 78,699.80 in early trade. The 50-share NSE Nifty dipped 24.30 points to 24,608.25
Japan carried out its largest-ever single-day currency intervention, deploying nearly $40 billion to support the yen amid sharp depreciation. Detailed data from the Ministry of Finance showed authorities intervened multiple times during the Golden Week holidays, while markets remain alert for further action as the yen weakens again.
Indraprastha Medical Corporation shares surge 9% after Q1FY27 profit rises 9%, revenue grows 11%
Indraprastha Medical Corporation shares surged over 8.5% to Rs 392.90 following strong Q1FY27 earnings. The healthcare operator reported a 9% YoY increase in consolidated net profit to Rs 56 crore and an 11% rise in revenue to Rs 406 crore. The company also fixed September 18 as the dividend record date.
Tata Investment, Tata Chemicals rally up to 7% after RBI classifies Tata Sons as upper-layer NBFC
Tata Investment Corp and Tata Chemicals shares rallied up to 7% after the RBI classified Tata Sons among the 16 upper-layer NBFCs, reviving focus on the holding company's potential listing. The central bank is also examining Tata Sons' application to surrender its core investment company registration.
Hero MotoCorp shares jump 3% as Q1 profit rises 29% YoY, beats estimates. What's ahead?
Hero MotoCorp shares jumped over 3% to Rs 5,739 following strong Q1 FY27 results. The two-wheeler giant reported a 29% YoY rise in standalone net profit to Rs 1,454 crore and a 36% surge in revenue to Rs 12,999 crore, beating market estimates on operational margin performance. Brokerages maintain a Buy call.
Vikram Solar shares crash 11% to fresh lifetime low. What's spooking investors?
Vikram Solar shares fell sharply to a record low on Friday after the company reported an 85% year-on-year drop in Q1 profit, with margins shrinking sharply. Investor sentiment was also dented by US President Donald Trump's new 15% tariff on polysilicon products, adding to concerns over the solar sector's global outlook.
Trent shares slide 3% after Q1. What Morgan Stanley, four other brokerages recommend
Trent shares fell 3% after the Tata Group retailer reported a 21% year-on-year rise in Q1 consolidated net profit to Rs 519 crore. Revenue from operations grew 18% to Rs 5,755 crore. On a sequential basis, net profit increased 25% and revenue rose 14%, although the stock came under pressure despite the earnings growth.
Siemens Energy India shares jump 7% after strong Q1 results. Should you buy, sell or hold?
Siemens Energy India shares surged over 7% after the company posted a robust June 2026 quarter, with net profit jumping 68% year-on-year and revenue rising nearly 40%. Encouraged by strong execution, a healthy order backlog and long-term growth prospects, Motilal Oswal retained its 'Buy' rating and raised the target price to Rs 4,100.
Crude oil gains as Iran plans to ban US, Israeli ships from Hormuz transit
At 10.02 am on Friday, October Brent oil futures were at $83.91 (+1.72%), and September WTI crude oil futures were at $78.44 (+1.49%)
Bajaj Finance, Bajaj Finserv shares fall up to 5% on RBI's new proposal for NBFCs
Shares of Bajaj Finance and Bajaj Finserv fell sharply after the RBI proposed restricting NBFCs to offering only term loans, effectively barring revolving credit products. The proposal exempts NBFCs authorised to issue credit cards and is aimed at strengthening prudential norms while encouraging innovation in lending.
Best small cap mutual funds to invest in August 2026
According to the Sebi mandate, small cap schemes must invest in companies that are ranked below 250 in terms of market capitalisation. These schemes also will have to invest at least 65% in small cap stocks.
Sensex down nearly 8% in 2026. Best time to top up your mutual fund SIPs?
The BSE Sensex has declined nearly eight percent, prompting investors to consider increasing mutual fund SIP contributions. Market experts suggest this correction is normal and investors should continue SIPs without interruption. Lower markets allow for the accumulation of more units over the long term. Investors should review their portfolios and rebalance asset allocation if needed. Monitoring crude oil prices and global policies will guide future market direction.
IT stocks lead Nifty gains as financials bleed; West Asia, crude oil weigh on mood
Technology stocks drove the early action on the gainers' board.
LIC gains 3% after Q1 earnings. Here's what Morgan Stanley and Motilal Oswal recommend
LIC shares rose 2.5% after the state-owned insurer reported a 23% year-on-year jump in Q1 standalone net profit to Rs 13,492 crore, while net premium income grew 7% to Rs 1.27 lakh crore. LIC also retained its leadership in the domestic life insurance market, with a 60.1% share of first-year premium income, according to IRDAI data.
Global Market: South Korean stocks fluctuate as AI spending concerns weigh on chipmakers
South Korean shares swung between gains and losses on Friday as investors assessed the latest U.S. corporate earnings and remained cautious over AI-related spending. Despite recovering from early losses, the KOSPI stayed on track for a third consecutive weekly decline, while foreign investors remained net buyers.
Gold and silver prices today, 7 August: 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.
CAS Chaos: Dalal Street's biggest stock trading reform in years endures a rocky first week
India's recently introduced closing auction system for stock prices is encountering early challenges, with traders raising alarms over erratic price fluctuations and confusion in the marketplace. In response, the Securities and Exchange Board of India (SEBI) held discussions with brokerages, reassuring them of the system's persistence. The lack of engagement from proprietary and high-frequency traders resulted in decreased liquidity, potentially affecting broker revenues and the volume of derivatives trading.
Leap India collects Rs 744 cr from anchor investors; IPO to open on August 7
The company allotted 4.68 crore equity shares to 32 anchor investors at 159 per share, aggregating to 743.62 crore
Britannia shares rally 4% as Q1 profit rises 14% YoY. Should you buy, sell or hold?
Britannia Industries shares rose 4% after the FMCG major reported a more than 14% year-on-year increase in Q1 FY27 net profit to Rs 591 crore. Despite higher input costs due to geopolitical tensions, the company delivered healthy revenue growth and margin expansion, prompting Nuvama and Nomura to reiterate their 'Buy' ratings on the stock.
Q1 Results Today, 07th August 2026 Live Updates: Follow Q1FY27 live updates from businessline
Taxpayers can pay income taxes online using credit cards through the e-filing portal. While convenient, they should be aware of potential convenience fees and interest charges if debts aren't cleared on time. Details here.
Hindustan Aeronautics among 4 stocks flashing bullish signals, hinting at a possible uptrend
On August 6, four stocks in the Nifty500 appeared on the White Marubozu bullish scanner, according to StockEdge's technical scan data. The White Marubozu is a bullish candlestick pattern that signals strong buying pressure throughout the trading session, indicating sustained bullish momentum and the potential for further upside.
Optimystix Entertainment IPO opens today: GMP, price band, subscription dates and key details
Optimystix Entertainment IPO opens today, August 7, on the NSE SME platform. The 108.5-crore issue comprises a fresh issue of 50 lakh shares worth 87.5 crore and an OFS of 12 lakh shares worth 21 crore. The IPO will close on August 11, with allotment expected on August 12 and listing on August 14.
Ola Electric shares jump 31% in 6 months. Should you buy, sell or hold?
Ola Electric shares have rebounded sharply from March lows, supported by improving sentiment, strong sales, and a BESS partnership. Analysts remain cautious, citing execution, competition, and cash-burn risks. Technical indicators suggest resistance near Rs 4550, with sustained operational improvement seen as essential for further upside.
Kalyan Jewellers among 5 F&O stocks with a sharp rise in futures open interest
Futures open interest surged sharply in Blue Star, Kalyan Jewellers India, Power Grid Corporation, Jubilant FoodWorks, and Hindustan Aeronautics on August 6, indicating fresh position building and heightened trader participation in the F&O segment.
SBI Q1 results preview: Will India's largest public bank report a decline in profit?
In the upcoming June quarter, State Bank of India's profits are projected to dip, influenced by margin constraints and a slowdown in income growth. Analysts foresee a decrease in net interest margins despite vigorous loan activity. With deposit growth expected to trail behind credit expansion, this could prevent any recovery in margins, though asset quality seems likely to remain stable with consistent credit expenditures.
Hero MotoCorp Share Price Live Updates: Hero MotoCorp's Market Performance
Tata Consumer Share Price Live Updates: Tata Consumer Stock Details
SBI Life Share Price Live Updates: SBI Life's stock price slips under the 20-day EMA
Dr Reddys Share Price Live Updates: Dr. Reddys Stock Details
Mazagon Dock Shipbuilders among 4 stocks showing bullish RSI upswing
On August 6, four Nifty500 stocks that gained over 4% were highlighted in the RSI Trending Up scan, based on data from StockEdge.com. An uptrend signal is generated when the RSI value crosses above 50 from below, indicating strengthening price momentum and potential buying opportunities for traders.
M&M Share Price Live Updates: M&M Stock Details
Fusion Klassroom Edutech shares to list today: Check GMP ahead of debut
Fusion Klassroom Edutech will list on the BSE SME platform today, August 7. The Rs 39.04-crore IPO was subscribed 1.50 times overall, with shares commanding a flat grey market premium (GMP ahead of debut, pointing towards a muted listing despite strong 162% YoY profit growth in FY26.
BPCL Share Price Live Updates: BPCL's Daily Market Overview
EPFO settles 8.3 crore claims in FY26; cheque leaf upload reform benefits 7 crore members, says govt
EPFO settled over 8.3 crore claims in FY26 and scrapped the imageupload requirement for cheque leaves in online claims. The reform, the Ministry of State for Labour and Employment told the Rajya Sabha in a written reply, has already benefited 7 crore members.
Swiggys 60,000 crore breakeven challenge: Can Instamart grow without restarting the cash war?
Swiggy's Instamart is targeting an impressive 60,000 crore in annualised net order value to achieve profitability. To reach this goal, the platform must double its current orders and enhance contribution margins significantly. This means Instamart should aim to garner an additional 30 per order through various optimizations. However, the competitive advantage of Blinkit's size and profitability poses a formidable challenge amid the ongoing balancing act of growth and economic recovery.
Gold heads for biggest weekly gain since January ahead of US jobs data
Spot gold was up 0.4% at $4,254.11 per ounce, after hitting a seven-week high in the previous session. Prices were up over 5% for the week.
NTPC Share Price Live Updates: NTPC Surpasses Key Moving Average
Cipla Share Price Live Updates: Cipla's Trading Activity Update
Titan Company Share Price Live Updates: Titan Company Reaches New Price Peak
Britannia Share Price Live Updates: Britannia's Stock Performance Indicates Strength
Bajaj Finserv Share Price Live Updates: Bajaj Finserv's Price Breakout Indicates Downtrend
What is particularly encouraging is the shift in customer priorities. Enterprises are moving beyond automating individual processes and are looking to embed AI across core business operations to improve productivity, decision-making, customer experience, and operational resilience.
Apollo Hospital Share Price Live Updates: Apollo Hospital posts slight gains in one month
Tata Steel Share Price Live Updates: Tata Steel's price slips under the 20-day EMA
