The Hindu Businessline
Elections 2026Markets / The Hindu Businessline
Floor price has been fixed as 378.50 a share, a discount of 7.9 per cent to current price
Renewed tensions in West Asia due to US-Iran conflict forces gold to give up gains
Nifty 50 closed at 24,211.65, up just 4.75 points or 0.02%, while the BSE Sensex ended at 77,616.40, gaining 47 points or 0.06%
The companys total market capitalisation stands at approximately 5,864 crore, the stock trades at a trailing price-to-earnings multiple of 71.27, which NSE flags as exceeding 50 for four consecutive trailing quarters
Strong QIB demand at 92.25 times drives overall subscription amid anchor investment of 223 crore
Oil prices rose after US and Iran traded strikes, with Tehran saying it had closed the vital Strait of Hormuz.
EBITDA jumps 101.2% to 84.4 crore; margin expands to 24.7% from 15.8% YoY
Goldman Sachs expects a rotation in market leadership from growth to value stocks and from mid-cap companies to large-caps
The product targets patients on long-term NSAID therapy who face elevated risk of gastrointestinal complications.
Buying at lower levels and improving market breadth helped benchmarks recover most of their early losses despite higher crude prices and geopolitical concerns
The company reported a 12.8% y-o-y rise in standalone profit after tax (PAT) to 936 crore for the quarter ended June 30, 2026
The project, to be completed within 12 months, includes AI-enabled video management infrastructure, networking, optical fibre, NVRs and related systems
The stock has gained 5.81 per cent over the past month and 9.13 per cent over the past week, though it remains down 33.44 per cent year-to-date and 21.86 per cent over one year
Q1 Results Today, July 13, 2026, Live Updates: Follow businessline's Q1 updates here
Spot gold dropped 1.5% to $4,059.11 per ounce
The Indian currency opened at 95.72 per US Dollar against the previous close of 95.33. Currently, it is trading at 95.75
Against the weak broader trend, information technology stocks emerged as the standout outperformers at the open
Rupee traded in a 94.96-95.60 range last week, largely mirroring moves in crude oil,
KOSPI fell as much as 6.13% to hit the lowest since May 20 and trigger a sidecar trading curb, temporarily halting algorithm trading
Focus will be on results, FPI activity
Sensex, Nifty, Share Prices LIVE: The stock of Piramal Pharma has been in an uptrend after it found support at 132 in March. While there was some correction in May and June, the broader picture remains positive. The chart shows that the stock has formed a higher low at 158 compared to the support at 132.
Stocks across infrastructure, energy, defence, pharmaceuticals, hospitality and manufacturing are expected to attract investor attention on Monday following a series of corporate announcements and regulatory filings
Analysts said any further escalation in the conflict could drive crude oil prices higher, revive inflation concerns and strengthen safe-haven assets such as the US dollar and Treasury yields, limiting the upside for precious metals
However, existing SIP, STPs to continue in 7 overseas schemes
SIP inflows stay above the 30,000 crore mark for the fourth consecutive month
Investors take advantage of lower prices after gold touched a one-week low earlier this week
A key concern is that a significant portion of the funds raised will flow to coffers of foreign promoters
Indian Bank posted a 10% rise in its net profit to 3,273 crore in the June quarter of FY27
Value of gold reserves also jumped $2.669 billion to $105.205 billion during the week
Other major IT stocks such as Infosys, HCL Tech, Tech Mahindra and Wipro also end in positive territory
Broader markets outperformed, with the Nifty Midcap 100 hitting a record high and the Nifty Smallcap 100 posting solid gains.
The rupee ended nearly flat on Friday but slipped 0.1% for the week as renewed hostilities in West Asia fuelled oil price concerns and importer hedging.
SBI sold the shares to investors including360 ONE funds,Tata AIG General Insurance Company, Go Digit General Insurance, Bennett Coleman, Anand Rathi Global Finance, Capri Global Ventures and Carnelian Bharat Amritkaal Fund
Food delivery firm Eternal and One 97 Communications are among other stocks Samir Arora, founder of Helios, is bullish on
On MCX, silver contracts for September delivery declined by 1,934, or 0.85 per cent, to 2,24,443 per kg in a business turnover of 2,345 lots.
On the Multi Commodity Exchange, August gold contracts fell by Rs 630, or 0.43%, to Rs 1,44,670 per 10 grams, with a turnover of 975 lots
Of 4,211 stocks traded on the BSE, 2,786 advanced against 1,222 declines, with 203 unchanged
Domestic gold prices in India were also trading around 144,800 rupees per 10 grams on Friday, after rising to 148,069 last week
On the NSE, JBMA reached an intraday high of 693, up from a previous close of 670
Foreign buying continued to support the market, with overseas investors purchasing a net 1500 crore-worth of bonds on Thursday.
Supply disruption has cast doubt on Dr Reddy's ability to capitalise on its early lead, with brokerages warning that prolonged delay could allow competitors to gain ground, weaken pricing power and slow earnings growth
Sensex gains over 700 points as IT stocks lead; Nifty climbs 0.84 per cent in early trade
Spot gold was up 0.2% at $4,128.92 per ounce, as of 0303 GMT, and headed for an over 1% weekly fall
Q1 results today live: Track all the latest Q1 FY27 earnings announcements, corporate developments and management commentary as companies including Elecon Engineering Company, Waaree Renewable Technologies, GK Energy and Yash Highvoltage report their June quarter results.
Gift Nifty signals 100-point gain for Nifty; analysts remain constructive on equities with focus on Q1 results
Paytm eyes wallet revival, Dixon-Vivo JV, Apollo-PEL acquisition and more in key sectors
Stock Market Today Live: Traders can buy City Union Bank shares now at 230. Accumulate on dips at 223. Keep the stop-loss at 215. Trail the stop-loss up to 232 as soon as the stock goes up to 235

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