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Oil steadies near one-week highs as US-Iran peace deal hopes dim
Oil prices maintained their position on Tuesday as hopes for a US-Iran deal faded, hampered by President Trump's stringent demands that are complicating operations in the Strait of Hormuz. The restart of Saudi Aramco's Jazan refinery has been pushed back due to recent Houthi assaults, leading to constrained energy flows and a marked decline in crude oil exports through this strategic area.
Sensex today | Stock Market Live: Stock to buy today: Mazagon Dock Shipbuilders
Sensex, Nifty, Share Prices Live: The short-term outlook is bullish for Mazagon Dock Shipbuilders. The stock is getting good support from its 200-Day Moving Average (DMA) over the last two trading days. The 3 per cent rise on Monday indicates that fresh buyers are coming into the market. The 200-DMA support is at 2,490 which can continue to limit the downside.
Buzzing stocks: BSE, Wipro, TCS, HCLTech, BEL, Lupin and 20+ stocks in focus on Tuesday
From BSEs entry into the Nifty 50 and Wipros exit to fresh orders, business expansions and regulatory approvals, a packed corporate news flow could keep more than two dozen stocks in focus on Tuesday.
Titan gains 3% as strong Q1 results lift Street sentiment
Titan shares surged, topping Nifty gains after stellar June-quarter earnings surpassed expectations. This positive performance has prompted multiple brokerages to revise their price targets upwards, signaling strong investor confidence. With a predominantly bullish outlook from analysts, Titan's stock appears poised for further appreciation.
Shriram Finance maintains higher highs, trades above key moving averages: Ajit Mishra
Global Market Today: Asian shares trade lower; oil holds gains
Oil prices managed to retain their gains as optimism regarding a deal in the Strait of Hormuz dissipated, sparking renewed fears of inflation. Treasury yields increased, and the yen weakened, undoing some of its recent recovery. Asian stocks and futures suffered slight declines, while Australian bonds dropped before an impending policy decision.
IPO Rush: 34 companies race to launch issues worth Rs 45,000 crore by September 30
As September 30 approaches, thirty-four companies are hustling to roll out their initial public offerings to bypass further regulatory hurdles. The goal is to raise around
Bhagwati Products may delay IPO by up to 3 quarters
Bhagwati Products may delay its initial public offering by several quarters. Volatility in memory chip prices hinders production forecasts for electronics manufacturers. The company awaits details of the government's second production-linked incentive scheme. This delay impacts investment plans and capital requirements for the firm. Bhagwati Products is a joint venture between Micromax Informatics and China's Huaqin Technology.
Rupee falls 11 paise on firm dollar, costlier crude
The Indian rupee weakened by 11 paise against the US dollar, closing at
Can Milky Mist IPO deliver long-term growth for high-risk investors?
Milky Mist Dairy Food plans a significant initial public offering to fund capital expenditure and reduce debt. The company seeks to raise
D-Street poised for a cautious opening as GIFT Nifty signals muted start
Opening the week on a cautious note, domestic equities saw the Nifty making slight gains, bolstered by targeted stock purchases as Q1 earnings unfold. This week is expected to carry a positive market trajectory, propelled by earnings trends and sector performance. Investors will keep a keen eye on the durability of earnings recovery and global happenings, particularly the US-Iran dialogues.
Stocks in news: Wipro, BSE, Vodafone Idea, Hyundai India and Airtel
The markets experienced fluctuations as they weighed the prospects of interest rates against concerns over oil prices and geopolitical issues. In notable changes, Wipro will exit the Nifty index, making way for BSE Ltd's entry. Vodafone Idea reported a reduction in first-quarter losses, while Bharti Airtel formed a partnership to enhance digital offerings.
Q1 Earnings Scorecard: Strong demand drives revenue, input costs hit profits
Sustained market demand led to impressive revenue growth in the automotive and consumer goods sectors. In contrast, while the banking sector showed better asset quality, profitability struggled due to margin challenges. Cement companies effectively preserved their margins through strategic cost management amidst rising operational costs. Overall, various sectors experienced notable revenue uplifts; however, they also faced persistent input cost hurdles.
Brokerages raise SBI target price after Q1 earnings beat
State Bank of India shares faced a 2.2 percent decline on Monday, despite surpassing analysts' expectations for their June-quarter earnings. Most brokerages expressed continued optimism for the lender, with several firms increasing their target prices while maintaining a positive outlook. The consensus 12-month target price indicates a considerable potential upside from Monday's closing figures.
ICICI Prudential AMC to buy ISecs' PMS business
ICICI Prudential AMC's board approved acquiring ICICI Securities' PMS business. This acquisition will broaden the company's existing portfolio management offerings. The PMS business caters to high net worth individuals with customized investment solutions. Assets under management stood at 2,910 crore as of March 31, 2026. The transaction is expected to be completed within a year after approvals.
Nvidia partners with Wall Street giants to raise $500 billion for AI buildout
NVIDIA-FUNDING:Nvidia partners with Wall Street giants to raise $500 billion for AI buildout
Rs 20,000 crore credit guarantee plan misses the mark
Banks have disbursed merely seventeen percent of the credit guarantee scheme funds. Loan sanctions remain slow as banks show caution with smaller microfinance institutions. Larger microfinance companies are hesitant to borrow under the government's guarantee program. About one thousand crore rupees went to small and medium-sized microfinance entities.
US Stocks: Nasdaq ends down as expectations of Hormuz deal fade
The Nasdaq closed lower as investors worried about the Strait of Hormuz. U.S. crude oil prices jumped significantly amid the ongoing Middle East crisis. Intel shares fell after the company announced plans for a large share sale. Traders are now less confident about a Federal Reserve interest rate hike. Strong corporate earnings results previously boosted the S
Microsoft could unveil Maia 300 AI chip as early as September: Report
Microsoft plans to launch its new Maia 300 AI chip this autumn. The company is securing production capacity for over 300,000 chips by 2027. This move aims to reduce reliance on Nvidia's expensive processors. Microsoft also seeks to attract major cloud customers like Anthropic. The tech giant eventually targets over one million Maia 300 chips.
Lenders seek RBI approval to spread their MTM losses
Indian banks have sought RBI approval to spread mark-to-market losses on investment portfolios across the remaining three quarters, citing bond-market volatility triggered by the West Asia crisis. Rising government bond yields have weighed sharply on banks treasury income.
Most UPI transactions to stay free: FM Nirmala Sitharaman
Finance Minister Nirmala Sitharaman said UPI transactions will remain free for consumers, with most low-value payments also staying free. Any future MDR would apply only to limited merchant transactions above a prescribed threshold, with its scope to be decided later.
India is scanning more and withdrawing less as digital payments take over
Indias payments network is shifting towards software-based channels, with UPI QR codes and online card transactions growing while ATMs and other hardware-based infrastructure stagnate or decline. UPI QR codes rose 16.9% year-on-year to 792.6 million in June.
Oil climbs 5% as Iran, US both demand compensation and Hormuz hopes fade
Oil prices rose significantly as Iran and the United States exchanged compensation demands. Prospects for reopening the Strait of Hormuz dimmed due to these escalating tensions. Ukraine continued to strike Russian refineries and tankers, further impacting supply. Saudi Aramco postponed a refinery restart after recent Houthi attacks. US Strategic Petroleum Reserve stocks reached their lowest level since 1983.
US bonds fall as markets weight inflation, Middle East risks
As treasury yields climbed on Monday, investors geared up for significant inflation data due later this week. The ongoing geopolitical tensions in the Middle East have added an extra layer of uncertainty to the markets. Traders are particularly focused on the upcoming consumer and producer price index reports, while expectations surrounding Federal Reserve rate hikes have eased slightly. Moreover, upcoming Treasury auctions could have a critical impact on bond pricing.
Archer Aviation shares jump nearly 10% on deal to acquire Boeings Wisk, two other units
Archer Aviation shares surged after agreeing to acquire Boeing's Wisk Aero and two other units. This strategic acquisition grants Archer access to Boeing's autonomous-flight technology and defence capabilities. Boeing will receive a significant stake in Archer and board representation as part of the deal. The move allows Archer to immediately generate revenue from the profitable Insitu drone business.
CDs' share in debt fund portfolio surges ahead of g-sec
Bank certificates of deposit became the largest holding in debt mutual funds in FY26, overtaking government securities as taxation changes shifted investor preference towards shorter-duration schemes
SEBIs FY26 data shows top five small-cap funds take 51 days to liquidate half their portfolios, versus 23 days for mid-caps. Experts say lower small-cap liquidity and rising AUM can increase redemption risks, making stress-test trends worth monitoring.
Riding the wave: Active momentum funds beat market volatility whats the strategy?
Momentum strategies capitalise on market trends by purchasing ascending stocks while exiting underperforming names.
ABSL MF launches 2 SIFs; Dhoot Transmission IPO booked 63% on Day 1
Apex Equity Long Short Fund seeks to offer diversified exposure across the equity market with the flexibility to dynamically adjust net equity exposure
Overseas equities or crypto: Where are Indian investors putting their money in 2026?
Indian investors are looking beyond domestic markets, with overseas equities and crypto both seeing strong participation. The data reveals that investors are using both as part of a broader diversification strategy.
Ahead of Market: 10 things that will decide stock market action on Tuesday
Indian stock markets opened muted this week as global worries tempered investor sentiment. Strong first-quarter earnings provided some support, offsetting geopolitical tensions. Analysts noted softer US jobs data, shifting focus to inflation readings for rate direction.
Milky Mist Dairy Food raises 465 cr from 19 anchor investors ahead of IPO
Anchor book draws Temasek subsidiary Zulia Investments, IFC and domestic mutual funds as the dairy company prepares to tap the public market
Milky Mist Dairy Food mops up 465 crore from anchor investors ahead of IPO
Milky Mist Dairy Food raised 465.29 crore from anchor investors ahead of its IPO opening on August 11. The 1,553 crore issue offers shares priced at 133-140, with a minimum investment of 14,980. The IPO closes August 13, targeting a listing on August 18.
BSE to replace Wipro in Nifty 50 index from Sep 30 after semi-annual review
BSE's inclusion follows NSE Indices' semi-annual review and is based on its higher six-month average free-float market capitalisation compared with Wipro
Multi-asset allocation funds may look similar, but their risk profiles can be poles apart. Of the 34 schemes, only one carries a Low risk rating, while five are rated High risk. The portfolio mix offers some clues.
HDFC Bank cuts MCLR by 5 bps, Bank of Baroda raises 3-month rate by 10 bps
HDFC Bank reduced its lending rates by five basis points across maturities. Bank of Baroda will increase its three-month lending rate by ten basis points. HDFC's new rates became effective from August seventh for various tenors. Bank of Baroda's revised rate will take effect from August twelfth. The banks are adjusting their marginal cost of funds based lending rates.
NSE Indices announced major semi-annual rejig changes across Nifty 500, Nifty 100 and Nifty Next 50, effective September 30. BSE, Polycab, Hitachi Energy India, Vodafone Idea and Wipro will enter key indices, while several companies face exclusion.
Nifty rejig: IT major Wipro to move out of benchmark index after BSE gets inclusion
Wipro will exit India's benchmark Nifty index, while BSE Ltd will enter. These changes will take effect from September 30, 2026, after market close. BSE's inclusion follows its six-month average free-float market cap crossing the required threshold.
High margin debt! JPMorgan CEO Jamie Dimon fires a warning shot for Wall Street investors
JPMorgan CEO Jamie Dimon warned that record margin debt and hidden leverage across financial markets could increase the risk of a sudden disruption. While stopping short of calling it systemic, he cautioned that forced selling after market declines could amplify volatility.
Even if the RBI keeps the repo rate unchanged at 5.25% in 2026, your home loan EMI may not stay the same. MCLR-linked loans can move independently, while even repo-linked loans may see changes. Historical data reveals an uneven link between the MCLR and policy rate.
US stocks: Retail investors sold SpaceX shares for first time on Friday
For the first time since its launch, retail investors sold off SpaceX shares, coinciding with a rebound towards its IPO price. This change reflects a reevaluation of risk versus reward, prompting some to take profits. Since mid-July, the company's stock has struggled below the IPO threshold, following a series of declines and an overall downturn in SpaceX's market value.
Fusion Finance turns profitable as asset quality improves sharply
Fusion Finance reported a Rs 62.4 crore Q1 profit, reversing a year-ago loss, as improving asset quality lifted performance. Gross NPA declined to 2.5%, while net interest margin improved. A strong capital adequacy ratio and higher AUM further strengthened the lenders balance sheet.
State Bank of India raises Senior Unsecured Bond
Capria Ventures' Will Poole joins board of CMS Info Systems
CMS Info Systems (CMS) announced the appointment of William Poole VIII (Will Poole) as Additional Director (Independent). CMS runs an integrated platform spanning ATM management, retail & currency logistics, and technology & payments. Will brings to CMS's board four decades of building and scaling technology businesses, as a senior executive at Microsoft and most recently as a venture investor across emerging markets. His appointment comes as CMS accelerates its investments in Vision AI, data and automation.
Royal Jordanian Airlines selects Ramco's next-gen aviation software
Ramco Systems FZ - LLC, a subsidiary of Ramco Systems, announced that Royal Jordanian Airlines, the National carrier of the Hashemite Kingdom of Jordan, has selected Ramco's next-generation Aviation Software to support its next phase of growth, following a comprehensive evaluation of global aviation software solutions.
Indias kharif sowing deficit dips to than 2% as overall coverage rises to 88% of normal
Sugarcane acreage lowered to 58.31 lakh hectares, area under paddy down 4.3% as transplanting slows
Sebi proposes easing debt listing norms, raising ISIN maturity limits
Sebi has proposed scrapping mandatory listing of past debt issues and raising the annual ISIN cap to 17, aiming to ease funding constraints and reduce refinancing risks for issuers
Bajel Projects bags two transmission projects
Under WR-ER Inter-Regional Network Expansion Scheme - Part A
The proposed tax change could make REIT and InvIT dividends tax-free for investors regardless of the tax regime chosen by the underlying SPV. However, interest and other components of distributions will remain taxable, so investors must check the payout breakup before calculating post-tax returns.
IPO boom, market rally lift demat additions to six-month high in July
IPO activity and a broad equity market rally drove new demat account additions to 2.89 million in July, the highest monthly tally since January 2026
Intel plans $15 billion share sale as turnaround rally lifts stock
Intel is gearing up for a monumental fifteen billion dollar share sale aimed at boosting its chip manufacturing capabilities. This strategic decision aligns with the company's commitment to enhancing its production facilities and advanced packaging technologies. By amplifying its operations, Intel is setting its sights on competing with industry giants like TSMC, as soaring demand for CPUs surpasses its manufacturing capacity.
Thomas Cook inaugurates new outlet at Nikol, Ahmedabad
Rajeev Kale, President & Country Head - Holidays, MICE, Visa, Thomas Cook (India) said, Ahmedabad is a strategically important source market for us, both for Gujarat and the wider West India region, with strong year-round travel aspirations and an evolving appetite for new destinations and experiences. The launch of our new Nikol outlet reinforces our commitment to being closer to our customers and providing personalised, end-to-end travel solutions. As we look ahead, we will continue to strengthen our market-specific offerings, including direct-flight packages to Bhutan ex-Ahmedabad, as well as Gujarati-focused regional and festive group departures. We remain committed to deepening our presence in the region and look forward to cocurating meaningful and memorable travel experiences for our customers.
JSW Steel crude steel product up 3% to 24.02 lakh tonnes in Jul'26
JSW Steel reported consolidated Crude Steel production for the month of July 2026 at 24.02 Lakh tonnes registering 3% YoY growth.
Inflows into gold ETFs continue to be net positive for 3rd week in a row
With gold prices gaining over 6 per cent, inflows outstripped outflows as overall investments were $3.04 billion
Unemployment rate in urban areas remained stable in June quarter
Urban Labour Force Participation Rate (LFPR) remained unchanged, a latest update from Ministry of Statistics & Programme Implementation has stated. Overall LFPR for persons of age 15 years and above stood at 54.6% in the quarter April-June, 2026 as compared to 55.5% observed in the previous quarter. Rural LFPR for persons of age 15 years and above observed as 56.9% in this quarter compared with 58.2% in the previous quarter. LFPR for persons aged 15 years and above in urban areas remained unchanged compared to the last quarter. Overall female LFPR stood at 33.2% during this quarter compared to 34.7% in the previous quarter. The male LFPR in urban areas witnessed a marginal increase to 75.3% during the quarter from 75.0% observed in the quarter January-March, 2026.
Jupiter Wagons wins two BESS project from WBSEDCL
Jupiter Wagons (JWL) has emerged as the successful bidder for two standalone Battery Energy Storage System (BESS) projects with a combined capacity of 100 MW/400 MWh conducted by West Bengal State Electricity Distribution Company (WBSEDCL). The projects, located at Jeerat and Kharagpur, were secured through e-reverse auctions conducted under a Tariff-Based Competitive Bidding (TBCB). The projects will be executed and operated through JEM, subsidiary of JWL, further strengthening its presence in India's battery energy storage segment.
Lupin receives USFDA approval for Sodium Zirconium Cyclosilicate for Oral Suspension
Lupin announced that it has received approval from the U.S. Food and Drug Administration (U.S. FDA) for its Abbreviated New Drug Application for Sodium Zirconium Cyclosilicate for Oral Suspension, 5 g/packet and 10 g/packet.
Airtel Business and ITI enter strategic collaboration to accelerate India's digital transformation
Airtel Business and ITI have entered into a strategic collaboration to help enterprises in India fast-track their digital transformation and unlock new opportunities for growth, resilience, and innovation.
Ladli Behna Yojana MP: 39th instalment of 1,500 may arrive early as Raksha Bandhan gift
The Ladli Behna Yojana serves as a crucial pillar for economic empowerment, supplying eligible women across Madhya Pradesh with direct financial assistance of 1,500 every month.
Zee, CEO Goenka approach SAT against Sebi order restricting market access
The tribunal will hear the matter on August 12 after Zee and Punit Goenka sought urgent intervention against Sebi's July 31 order over alleged fraudulent activity
Zee Entertainment Q1 Results: PAT falls 48% YoY to Rs 74 crore; ad revenue hit by Middle East crisis
Zee Entertainments Q1 FY27 profit fell 48% to Rs 74.3 crore, while EBITDA plunged 65% despite 5% revenue growth. Advertising faced pressure from Middle East tensions and cricket, partly offset by FIFA rights, subscription growth and higher digital ARPU.
DLF sells penthouse for Rs 271 cr in luxury housing project in Gurugram
Realty major DLF Ltd sold a Gurugram penthouse for Rs 271 crore. This luxury housing project is named 'The Dahlias' and is located in DLF Phase 5. The penthouse sale achieved Rs 1.58 lakh per square foot on super area. DLF expects over Rs 40,000 crore revenue from this project. Demand for luxury apartments has increased significantly across major cities post-COVID.
Received an income tax notice? Here's why you should authenticate it and how to do it online
Filed ITR for AY 2026-27 and received an income tax notice? Before responding, taxpayers can authenticate it online to check whether it was genuinely issued by the department. Heres how the DIN and OTP-based verification can help you spot fake notices.
French lender's India treasurer pegs rupee floor near 'fair value' of 96 per dollar
The Indian rupee is poised for stability against the dollar throughout this financial year. Initiatives to entice dollar investments and a decline in commodity prices are expected to mitigate risks. With foreign investors returning to Indian equity and debt markets, actions from the central bank should help minimize significant currency fluctuations in the short term. Additionally, Indian bonds could stabilize at a yield of approximately 6.70%.
India bonds tread water ahead of US, local inflation prints
On Monday, Indian government bonds remained stable following last week's increases. The rise in oil prices countered some support from softer economic data from the United States. Traders are eagerly awaiting inflation reports from both India and the U.S., which will significantly influence bond market trends this week. Notably, ultra-long bonds saw a rise, likely driven by value purchases from insurers.
Indel Money readies its biggest ever public sale of debt: Bankers
Indel Money is set to pursue a remarkable fundraising initiative of up to five billion rupees within this month. This forthcoming public debt offering marks the company's most significant endeavor to date. The bonds will have maturities ranging from 400 days to six years, boasting attractive coupon rates between nine and eleven point five percent. Rated A- by India Ratings, these bonds are expected to close on August thirty-first.
Zydus Lifesciences gains after launching once-daily nebulised COPD treatment
Zydus Lifesciences announced the launch of REVAHALE (Revefenacin), India's first once-daily nebulised long-acting muscarinic antagonist (LAMA) indicated for the maintenance treatment of chronic obstructive pulmonary disease (COPD).
Sales rise 52.33% to Rs 392.65 crore
Paytm among 6 stocks hitting 52-week highs; surge up to 27% in a month
Six BSE 100 stocks, including Paytm and TVS Motor, hit fresh 52-week highs on Monday. The stocks have gained up to 23% over the past month.
Atcom Technologies reports consolidated net loss of Rs 0.10 crore in the June 2026 quarter
Reported sales nil
Zee Entertainment Enterprises consolidated net profit declines 48.30% in the June 2026 quarter
Sales rise 4.52% to Rs 1907.30 crore
Parliament clears taxation bill, Sitharaman says UPI transactions to remain free
Parliament has passed the Taxation and other Laws (Amendment) Bill. Finance Minister Nirmala Sitharaman confirmed UPI will remain free for consumers. The legislation removes the linkage between payment systems and income tax. It also provides legal backing to modify zero-MDR frameworks for digital transactions. The bill aims to attract foreign capital and promote domestic manufacturing.
Incredible Industries standalone net profit rises 6.45% in the June 2026 quarter
Sales decline 3.06% to Rs 213.03 crore
Gilada Finance & Investments standalone net profit declines 16.67% in the June 2026 quarter
Sales rise 6.59% to Rs 1.78 crore
Lerthai Finance reports standalone net loss of Rs 0.17 crore in the June 2026 quarter
Reported sales nil
Challani Capital standalone net profit declines 61.36% in the June 2026 quarter
Sales decline 54.05% to Rs 0.34 crore
Kimia Biosciences standalone net profit declines 40.00% in the June 2026 quarter
Sales decline 12.13% to Rs 20.72 crore
GTN Textiles consolidated net profit declines 77.42% in the June 2026 quarter
Sales rise 466.67% to Rs 7.31 crore
HB Portfolio consolidated net profit rises 158.26% in the June 2026 quarter
Sales rise 34.55% to Rs 10.36 crore
Dollar Industries consolidated net profit rises 22.05% in the June 2026 quarter
Sales rise 1.42% to Rs 404.81 crore
Gland Pharma consolidated net profit rises 47.09% in the June 2026 quarter
Sales rise 19.57% to Rs 1800.27 crore
Odyssey Corporation consolidated net profit rises 449.12% in the June 2026 quarter
Sales rise 68.49% to Rs 13.21 crore
UVS Hospitality & Services consolidated net profit rises 576.07% in the June 2026 quarter
Sales rise 87.51% to Rs 45.04 crore
DB (International) Stock Brokers consolidated net profit declines 14.85% in the June 2026 quarter
Sales rise 48.42% to Rs 10.33 crore
Signature Green Corporation consolidated net profit declines 20.00% in the June 2026 quarter
Reported sales nil
KRM Ayurveda standalone net profit rises 124.20% in the June 2026 quarter
Sales rise 31.01% to Rs 32.32 crore
The Wealth Company launches GIFT City Fund to offer overseas investors India mutual fund exposure
The Wealth Company has launched an open-ended Category III AIF in GIFT City, offering eligible non-resident investors, including NRIs, a US-dollar route to diversified Indian mutual funds and ETFs through professionally managed portfolio selection.
NFO Update: SBI Mutual Fund launches balanced hybrid fund
SBI Mutual Fund has launched the SBI Balanced Hybrid Fund, an open-ended scheme investing in equity and debt instruments. The NFO is open until August 24, with a minimum investment of Rs 5,000. The fund will maintain a 4060% allocation each to equity and debt, targeting long-term growth and income.
