35 C 
GIC Re pushes 50-50 international goal into long term as foreign book shrinks
GIC Re expects it could take three to four years to rebuild its foreign premium to 18,000 crore as softer reinsurance rates reduce premiums earned on the same risks.
Indian rupee seen weakening to 97 per dollar by FY2026-27-end: BMI
BMI expects the rupee to weaken to 97 per US dollar by the end of FY2026-27, which runs from April 2026 to March 2027, and to 99 per dollar by the end of FY2027-28, from 95.4 currently
Rubicon Research rallies as Q1 PAT soars 95.8% YoY
Rubicon Research surged 9.68% to Rs 1,775.90 after the company reported strong Q1 FY27 performance, with sharp growth in revenue, EBITDA and profit.
Zaggle Prepaid Ocean Services Ltd leads losers in 'A' group
Cupid Ltd, Schneider Electric Infrastructure Ltd, Belrise Industries Ltd and NMDC Steel Ltd are among the other losers in the BSE's 'A' group today, 17 August 2026.
Why feeling good is getting expensive
From concert tickets and weekend getaways to coffees, treats and office celebrations, funflation and treatflation are making small pleasures costlierand quietly reshaping how we spend and save.
Rubicon Research zooms 166% in CY2026; hits new high post Q1 results
Rubicon's share price hit a new high of 1,800 soaring 11 per cent on the BSE in Monday's intra-day deals amid heavy volume after reporting healthy earnings for Q1FY27.
Turtlemint Fintech climbs after Q1 net loss narrows to Rs 38 cr
Turtlemint Fintech Solutions rallied 8.01% to Rs 148.30 after the company's consolidated net loss narrowed to Rs 37.78 in Q1 FY27 compared with net loss of Rs 46.69 crore in Q1 FY26.
Volumes jump at Physicswallah Ltd counter
Physicswallah Ltd witnessed volume of 808.08 lakh shares by 14:14 IST on NSE, a 16.2 times surge over two-week average daily volume of 49.89 lakh shares
Global Market: European shares climb despite geopolitical risks; miners lead gains
European shares edged higher as gains in basic resources and technology stocks offset weakness in defensive sectors. A softer dollar, weaker US economic data and firmer gold prices supported sentiment, while investors continued to monitor Federal Reserve policy expectations, commodity prices and geopolitical risks.
Should you invest in income plus arbitrage funds?
Income-plus arbitrage funds, aimed at wealthier investors seeking tax benefits, have seen limited traction, with recent withdrawals offsetting initial inflows. Their complex structures and mixed short-term returns have also hindered adoption.
Ritesh International plans capacity expansion of 50% at its Ahmedgarh facility
The project involves an estimated total capital expenditure of Rs 7 crore, which will be financed through a balanced mix of long-term bank loans of about Rs. 1 crore and balance of about Rs. 6 crore from internal accruals. The expansion project is scheduled to be completed within period of approx. 8 months, with commercial production targeted for Q1 FY27-28.
Nifty trades below 24,350; consumer durables share decline
At 14:30 IST, the barometer index, the S&P BSE Sensex tanked 212.72 points or 0.27% to 77,797.27. The Nifty 50 index lost 37 points or 0.15% to 24,329.
Secmark Consultancy Ltd leads losers in 'B' group
Kernex Microsystems (India) Ltd, Thomas Scott India Ltd, Solex Energy Ltd and Spice Lounge Food Works Ltd are among the other losers in the BSE's 'B' group today, 17 August 2026.
US dollar index large currency speculators marginally reduce net longs
Large currency speculators in the US dollar futures continue to hold around a three and half year high, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of US dollar index futures, traded by large speculators and hedge funds, totaled a net long position of 21409 contracts in the data reported through August 11, 2026, marking a slight decrease of 1090 net positions compared to the previous week.
Sunil Singhania-led Abakkus Mutual Fund crosses Rs 10,000 crore in AUM with nearly 2 lakh investors
Sunil Singhania-led Abakkus Mutual Fund has crossed the Rs 10,000 crore AUM milestone less than a year after launching its first scheme in December 2025. The fund house now has more than 1.91 lakh investors and manages three equity schemes along with a Liquid Fund.
FIIs steadily increased holdings in several BSE 500 companies across three quarters, with select stocks delivering 50133% returns. Three multibaggers more than doubled investors wealth, highlighting strong institutional buying.
Mukul Agrawal portfolio stock PTC Industries soars 8% on strong Q1 results
PTC Industries reported a 465% YoY surge in PAT at 29.20 crore, backed by 97% increase in revenue from operations to 192 crore in Q1FY27.
Indias six listed REITs distribute Rs 3,136 crore in Q1 FY27
Indias six listed REITs distributed Rs 3,136 crore to over 4.85 lakh unitholders in Q1 FY27, reflecting strong rental collections, occupancy and stable cash flows. With Rs 3.17 lakh crore in assets, the sector continues expanding, offering investors regulated access to income-generating commercial real estate and strengthening its role in Indias capital markets.
Sunil Singhania-backed Abakkus Flexi Cap Fund increases stake in RIL, Vedanta Power and 32 others
Sunil Singhania-backed Abakkus Flexi Cap Fund increased its exposure to Reliance Industries, Vedanta Power and 32 other stocks in July. The fund added shares of NTPC, Edelweiss Financial Services, Vedanta Aluminium Metal, SBI, HDFC Bank and ICICI Bank, while trimming three holdings and exiting Bank of Baroda.
Schneider Electric Infrastructure slumps after dismal Q1 performance
Schneider Electric Infrastructure tumbled 11.18% to Rs 1215.40 after the company reported 69.8% drop in net profit to Rs 12.4 crore in Q1 FY27 from Rs 41.2 crore in Q1 FY26.
$115/bbl: CareEdge pegs oil level seen turning OMCs' operating profit red
The ratings agency estimates that an integrated OMC's operating profit would turn negative at around $115 a barrel, assuming no further increase in petrol and diesel retail prices.
EMS rises after securing work contract worth Rs 129 crore from Municipal Corporation Jodhpur
EMS added 2.50% to Rs 370.90 after the company announced the receipt of the lowest bidder (L-1) status awarded by Municipal Corporation Jodhpur for sewerage work.
Invesco Mutual Fund is reopening select existing SIPs and STPs in three international fund-of-funds from 18 August. The reopening comes as overseas investment limits continue to restrict fresh investments in international mutual funds.
Planning to invest in gold every month? Know the best options for beginners
Gold mutual funds and ETFs offer beginners convenient ways to invest small amounts monthly. Mutual funds provide professional management and easy redemption, while ETFs offer lower costs for investors comfortable using a demat account.
Nifty trades near 24,350 level; European markets open higher amid easing Fed hike expectations
The benchmark indices continued to pare losses in afternoon trade as investors continued to assess the slew of latest corporate earnings announcements. The Nifty traded near the 24,350 mark. Metals, realty and private bank stocks advanced while pharma, FMCG and IT shares declined.
BSE slides after foreign broker downgrades stock to 'underperform'
BSE fell 2.62% to Rs 3,356.70 after a foreign brokerage downgraded the stock to 'underperform', citing concerns over lower trading volumes and the impact of the Closing Auction Session (CAS).
BSE launches 3-day SLB contracts to boost short-term securities borrowing
BSE Clearing has launched three-working-day securities lending and borrowing (SLB) contracts to give market participants greater flexibility for short-term borrowing and delivery needs. The new contracts, effective August 17, will have a T+1 first leg and T+3 reverse leg, and initially cover F&O securities under the D-series prefix.
Equirus' $20trn economy roadmap: List railways, cut TDS, end STT & more
Equirus Securities in its report 'India's Road to a $20 Trillion Economy' has proposed a 20-point reform agenda across five areas.
Global Markets: 5 big triggers to watch this week
Global markets enter a quieter summer week with food inflation, US consumer spending, Japans growth outlook, gold and UK inflation in focus. Investors will assess whether rising energy and food costs prove temporary or complicate central banks interest-rate decisions.
Ola Electric unveils its Shakti energy storage portfolio
For deployment from home to grid
There are currently too many variables that can move the markets in either direction. Oil prices may have settled into a range for now, but there is still no clarity on how the Gulf situation will develop. If uncertainty continues, oil prices may remain elevated. In such a scenario, it is probably best to be cautious; but be nimble enough to respond as things change. Our selected stocks for today depict a strong upward trajectory in their overall average score which is based on five key pillars: Earnings, fundamentals, relative valuation, risk, and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.
Turtlemint shares jump over 15% after Q1 loss narrows
Revenue from operations jumped to 20.77 crore in the quarter under review from 7.03 crore in the same quarter last year
Emerging markets defy global shocks as investors return to local assets
Emerging markets are seeing renewed investor interest despite geopolitical tensions, trade risks and AI-driven volatility, with debt attracting strong foreign inflows as deeper domestic capital markets and improved policymaking strengthen resilience. Equities, however, continue to face pressure, prompting investors to adopt a more selective approach.
BSE shares tumble 5% after Jefferies downgrades stock to Underperform. Heres why
BSE shares fell sharply on Monday after Jefferies downgraded the stock and cut its target price to Rs 2,940, citing risks from proprietary trading activity, STT changes, RBI bank guarantee norms and the Closing Auction Session. The brokerage also lowered earnings estimates, despite BSEs strong Q1FY27 profit and revenue growth.
Alibaba Earnings: Can AI bets power the next growth wave?
Alibabas Q2 earnings will test whether its aggressive AI investments can drive sustainable growth and profits. Strong Qwen adoption and cloud growth support optimism, while falling profitability, heavy spending and legal risks could weigh on its stock and determine whether the recent rally has further upside.
Sebi launches portals to strengthen cybersecurity incident reporting
The Incident Reporting Portal will streamline cybersecurity incident reporting, while the Cyber Suraksha Portal will serve as a central hub for information sharing
Greaves Cotton acquires balance 20% stake in Excel Controlinkage
Greaves Cotton has acquired the remaining 20% shareholding in Excel Controlinkage through the secondary route, taking its aggregate shareholding in the company to 100%.
Lupin receives USFDA approval for Pitolisant Tablets, 4.45 mg and 17.8 mg
The U.S. FDA has approved Lupin's Pitolisant Tablets, 4.45 mg and 17.8 mg, as bioequivalent to Wakix for the indications in the approved labeling.
PTC Industries spurts after PAT rises over fivefold to Rs 29 crore in Q1
PTC Industries jumped 5.76% to Rs 20146.55 after the company reported a consolidated net profit of Rs 29.2 crore in Q1 FY27, which is higher by 466.2% as compared with the PAT figure of Rs 5.2 crore posted in Q1 FY26.
ITC share price slips 2%, hits 52-week low; what's making Street nervous?
Retail individual shareholders increased their holdings in ITC for the sixth straight quarter to 13.94% as of June 2026, data shows.
Global Market: AI investment story shifts from spending to picking the winners
The AI investment debate is shifting toward identifying sustainable winners as spending accelerates. Hyperscalers, semiconductor firms and neocloud providers remain key beneficiaries, but investors increasingly prioritise profitability, valuations and infrastructure control. As computing capacity expands, companies with strong balance sheets, customer relationships and diversified technology ecosystems may capture the biggest long-term gains.
Voltas shares fall over 6% from intraday high as brokerages differ after Q1 results
The stock traded 4% lower at 1,270.40 on the NSE at 12.42 pm, after moving between 1,263.90 and 1,350
A UK-based employee sold 1,540 ESOP shares for nearly 26 lakh but reported a 1 lakh short-term capital loss using the shares' FMV as cost. The Mumbai ITAT ruled that the FMV on the ESOP exercise date can be treated as the cost of acquisition, even when the ESOP benefit was not taxed in India.
Domestic lenders set record with $8 billion in dollar bond sales
The offerings reached $8 billion Thursday, breaching the previous record of $7.92 billion hit in 2019, according to data
Bollywood actors Shah Rukh Khan, Ajay Devgn, and Tiger Shroff face FDA show-cause notices over a Vimal Elaichi ad allegedly promoting Vimal Pan Masala through surrogate advertising. The FDA called it a final warning and ordered the actors to remove promotional content
Global Market: Emerging Asian currencies rise as softer dollar supports regional markets
Emerging Asian currencies gained on Monday as a weaker US dollar supported regional markets, with Taiwan and Thailand leading gains. Investors also assessed Japans slower growth, Malaysias inflation data and upcoming Bank Indonesia policy decision, while Middle East tensions and shifting US rate expectations remained key factors for regional markets.
EFC leases entire A+ category building in Pune
Adding 2000+ seats to its managed office portfolio
MTR launches new range of products with authentic North Karnataka flavours
MTR announced the launch of a new range of North Karnataka offerings, comprising Groundnut Chutney Podi (Shenga), Nigerseed Chutney Podi (Gurellu), Flax Seed Chutney Podi (Agasi) and Masala Khara. Crafted specifically for consumers in North Karnataka, the new products bring some of the region's most-loved flavours to consumers in a high-quality packaged format.
Anthropic IPO valuation hinges on $190-200 billion 2028 revenue forecast: Report
Wall Street is currently assessing Anthropic's valuation in light of its anticipated revenue growth for the upcoming IPO. The AI company forecasts remarkable revenue increases by 2028, which is pivotal for investor confidence. Revenue multiples derived from these forward-looking projections are being employed, with comparable companies such as Palantir and SpaceX serving as benchmarks. This strategy underscores the AI firm's rapid expansion and significant infrastructure investments.
Market recovers from lows but trade lower; FMCG shares extend losses
The Nifty traded below the 24,300 level, while market sentiment remained subdued in the absence of strong directional cues. Investors continued to monitor movements in crude oil and gold prices, along with developments on the global geopolitical front, for further indications on the market's near-term trajectory.
Cochin Shipyard slips as Q1 PAT declines 19% YoY to Rs 151 cr
Cochin Shipyard declined 2.05% to Rs 1,464.40 after it reported a 19.38% decline in consolidated net profit to Rs 151.45 crore on a 2.40% increase in revenue from operations to Rs 1,094.21 crore in Q1 FY27 over Q1 FY26.
L&T secures 'ultra-mega' order for strategic offshore development project in the Middle East
Larsen & Toubro said that L&T Energy Hydrocarbon Offshore (LTEH Offshore) has secured an 'ultra-mega' order from a prestigious client in the Middle East.
Molbio Diagnostics shares rally 6% after strong debut. What should investors do?
Molbio Diagnostics made a strong debut, beating grey market expectations. Experts remain positive on the companys molecular diagnostics leadership, expansion strategy and industry prospects, though they advise caution after the sharp initial gains and suggest a Rs 900 stop-loss.
Indian lenders set record with $8 billion in dollar bond sales
RBI surprised traders on Friday by closing a special window for attracting foreign-currency deposits a month ahead of schedule, leading to a selloff in shorter-tenor India bonds
ET Analysis: RBIs FCNR U-turn dents policy certainty
The RBIs early closure of its special FCNR(B) deposit swap window has raised concerns over policy certainty. Banks had mobilised $52.3 billion under the scheme by August 14, prompting the RBI to shut it on August 31 instead of September 30. Bankers say the move could disrupt dollar borrowings and leverage plans, while raising questions about Indias investment-policy predictability.
Bitcoin ETFs record largest outflow in six weeks as token stagnates
The 13 US-listed funds saw a net $389.7 million drained in the week of Aug. 10, after pulling in $853.5 million the previous week
Sebi chief Tuhin Kanta Pandey says CAS here to stay, will study concerns over rollout
Sebi Chairman Tuhin Kanta Pandey says the closing auction session (CAS) is here to stay, even as the regulator reviews concerns over its implementation. Launched on August 3, CAS has triggered sharp moves in the final minutes of trading and raised concerns over legacy systems, order placement and derivative positions. While Sebi has found no evidence of manipulation, Bernstein expects near-term pressure on index-options volumes.
Larsen & Toubro wins offshore development project in Middle East
L&T Energy Hydrocarbon Offshore (LTEH Offshore) has secured an ultra mega order from a prestigious client in the Middle East. The project involves the development of multiple offshore facilities. According to the company's project classification, the order is valued above Rs 15000 crore.
Knowledge Marine edges higher after recording over fivefold jump in Q1 PAT
Knowledge Marine & Engineering Works added 3.03% to Rs 2814.30 after the company's consolidated net profit surged 447.7% to Rs 61.73 crore in Q1 FY27 from Rs 11.27 crore in Q1 FY26.
Zaggle Prepaid hits lower circuit after Q1 PAT drops 33% YoY
Zaggle Prepaid Ocean Services hit the lower circuit of 20% at Rs 160.45 after the company reported a 32.86% year-on-year decline in consolidated net profit to Rs 17.53 crore for Q1 FY27 from Rs 26.11 crore in the corresponding quarter last year.
Teamo Productions HQ Ltd leads gainers in 'B' group
Modern Threads (I) Ltd, Bilcare Ltd, Uflex Ltd and Pakka Ltd are among the other gainers in the BSE's 'B' group today, 17 August 2026.
EUR/USD tops 1.1600 mark on firm economic cues, holds at two-month high
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PhysicsWallah posts narrower Q1 loss as EBITDA turns positive
PhysicsWallah jumped 6.88% to Rs 125.18 after the company reported a significant improvement in operating profitability in Q1 FY27, with EBITDA turning positive.
Voltas registers 51% YoY growth in Q1 PAT; YTD secondary market share stands at 17.3%
Voltas has reported 51% rise in consolidated net profit to Rs 213 crore on a 19% increase in total income to Rs 4,765 crore in Q1 FY27 as compared with Q1 FY26.
Manorama Industries Ltd leads gainers in 'A' group
Vikram Solar Ltd, Ipca Laboratories Ltd, Tourism Finance Corporation of India Ltd and Triveni Engineering and Industries Ltd are among the other gainers in the BSE's 'A' group today, 17 August 2026.
Dhoot Transmission makes strong debut at 38% premium. Should investors hold or buy on dips?
Dhoot Transmission made a strong debut, with shares listing at a 38% premium to the 871 IPO price, comfortably beating the ~30% gain indicated by its grey market premium. Analysts remain positive on its long-term prospects, citing strong revenue growth, its established wiring harness business and rising EV exposure.
Ashish Kacholia-owned Zaggle hits 20% lower circuit as Q1 profit dips 33%
Fintech firm Zaggle reported a 32.9 per cent decline in consolidated net profit to 17.53 crore for the first quarter ended June 30, 2026.
Schneider Electric Infrastructure shares tumble 12% after Q1 profit plunges 70% YoY
Schneider Electric Infrastructure shares fell sharply on Monday after Q1FY27 net profit plunged 70% YoY to Rs 12 crore despite a 5% rise in revenue. EBIT also declined sharply, while record quarterly order intake of Rs 915 crore and a 32.7% rise in order backlog offered some comfort.
Gold Rate Today, Aug 17: Gold prices up in Delhi, Mumbai, Kolkata, Bengaluru, Ahmedabad
22, 24 carat Gold prices up across Indian cities on August 17
US stocks see tepid moves after retail sales data
Stock futures show a varied start as investors monitor Middle East conflicts, retail earnings and upcoming Fed rate expectations.
Lupin, PFC, Godrej Consumer: Oversold stocks on charts; analyst take here
Sudeep Shah, Technical Research Analyst at SBI Securities, expects the bearish trend to continue in technically oversold stocks - Lupin, Godrej Consumer and PFC-and flags key hurdles to watch out for.
Voltas shares slip 4% despite strong Q1 show; analysts flag margin risk
Following the earnings announcement, Elara lowered the earnings per share (EPS) estimates by 8 per cent for FY28 as near-term margin pressures persist due to geopolitical tensions.
Nifty trades below 24,250 mark; IT shares decline
The Nifty traded below the 24,250 mark, while sentiment remained subdued amid a lack of strong directional cues. Investors continued to monitor movements in crude oil and gold prices, along with developments on the global geopolitical front, for further indications on the market's near-term trajectory.
Anupam Rasayan posts PAT of Rs 512 crore for Q1; EBITDA margin remains flat at 26%
Anupam Rasayan India has reported 6% rise in consolidated net profit to Rs 512 crore on a 35% increase in revenue from operations to Rs 6,550 crore in Q1 FY27 as compared with Q1 FY26.
Dhoot Transmission, Molbio Diagnostics IPOs list strong with 21-38% gains
The IPOs of both companies received a robust market response
Groww gains market share in July; NSE active clients dip 1.8% M-o-M
As per the 360 One Capital report, NSE active clients declined in July by 1.8 per cent M-o-M and 3.6 per cent Y-o-Y.
The government will soon set up a high-powered committee to examine the banking sector's role in building a Viksit Bharat, Finance Minister Nirmala Sitharaman said, with the panel expected to draw on material from two days of intensive banking reform discussions.
Global market: Japan Q2 GDP misses estimates, but BOJ rate hike bets remain intact
Japans second-quarter economic growth missed expectations as weaker household consumption and business investment offset resilient exports. Despite the softer GDP reading, economists expect the Bank of Japan to retain the option of another rate hike, although persistent weakness in domestic demand could encourage a more cautious approach.
Credit card damaged or not working? Follow these 5 steps to get replacement quickly
Credit card damaged or not working? Here are five steps to block, report, replace and activate your new credit card while avoiding payment disruptions and delays. Following these steps can help ensure that credit card transactions are restored quickly.
Uflex shares surge 16% after Q1 profit zooms 630% YoY
Uflex shares rallied after the company reported a 630% YoY jump in Q1 FY27 net profit to Rs 423.3 crore. Revenue grew 38% to Rs 5,366 crore, while EBITDA surged 92% to Rs 919.8 crore. The EBITDA margin expanded to 17%, marking the companys highest level in 21 quarters.
India bonds dip as RBI's diaspora swap move dents sentiment
The yield on the benchmark 6.94% 2036 bond jumped 3.5 basis points to 6.7909% by 10:45 a.m
Bond yields surge after RBI announces early dollar deposit window closure
The move, announced late Friday, surprised traders after Reserve Bank of India Governor Sanjay Malhotra had ruled out an early closure as recently as the Aug. 5 policy meeting
ONGC receives OFAC license to continue full operations in Venezuela
Oil and Natural Gas Corporation has reportedly secured a licence from the U.S. Treasury's Office of Foreign Assets Control (OFAC), allowing it to resume full operations in Venezuela after years of limiting activity because of sanctions-related risks.
Volumes soar at Lenskart Solutions Ltd counter
Lenskart Solutions Ltd recorded volume of 63.52 lakh shares by 10:46 IST on BSE, a 15.35 times surge over two-week average daily volume of 4.14 lakh shares
JMJ Fintech Q1 net profit rises 72.48% to 1.97 crore; AUM surges 82%
JMJ Fintech reported a 72.48% year-on-year net profit increase to 1.97 crore. Assets under management rose 82.11% compared to the previous financial year. The company launched a new technology-driven lending platform called Money bro. This platform aims to make borrowing faster and more convenient for customers. JMJ Fintech plans to leverage technology for accelerated expansion across India.
Defence index hits new high; Midhani, HAL, BEML rally up to 5%; here's why
Nifty India Defence index hit a new high of 9,912.75, gaining 1% in Monday's intra-day deals. The index quoted higher for the fourth straight trading day.
Zaggle shares crash 20%, hit lower circuit after Q1 PAT declines 33% YoY
Zaggle Prepaid Ocean Services shares hit the lower circuit after the company reported a sharp year-on-year decline in Q1FY27 profit, despite strong revenue growth. Margin pressure from Dice acquisition-related expenses weighed on earnings, while the company continues to focus on integrating acquisitions, scaling AI and expanding its fintech offerings.
UFlex spurts as Q1 PAT zooms 630% YoY
UFlex soared 17.18% to Rs 572.30 after the company reported strong Q1 FY27 performance.
Puravankara surges after reporting turnaround Q1 performance
Puravankara jumped 10.76% to Rs 241.68 after the real estate developer reported a consolidated net profit of Rs 26.02 crore in Q1 FY27, compared with a net loss of Rs 68.55 crore in Q1 FY26.
Puravankara shares rally up to 13% after Q1 revenue jumps 62% YoY; EBITDA margin expands to 25%
Puravankara shares rose sharply on Monday after Q1FY27 revenue jumped 63% YoY to Rs 877 crore, while PAT turned positive at Rs 25 crore and EBITDA margin expanded to 25%. Pre-sales rose 28% to Rs 1,439 crore, with collections up 40% YoY.
