Tech stocks dragged Wall Street lower as escalating US Iran tensions and a renewed blockade lifted oil prices and dented risk appetite. Nasdaq led losses amid chip stock weakness, while energy shares supported the Dow. Investors now await Fed Chair Warsh testimony, inflation data and big bank earnings for directional cues.

US President Donald Trump claimed that the Strait of Hormuz is open, while criticising the Iran again.

DERC retained the additional FPPAS for BRPL and BYPL while lowering it for TPDDL after discoms cited higher power purchase costs for May.

Crypto treasury firms face mounting pressure as falling bitcoin prices erode valuations and investor confidence. Strategy’s fresh sales plan has revived scrutiny of the digital asset treasury model, with declining mNAV, weak trading volumes and liquidity concerns raising doubts about sustainability amid macro headwinds and tighter financial conditions.

The Nifty 50 index is expected to remain in a 24,000-24,300 consolidation band, as per analysts.

Speaking at an event celebrating her 60-year film career, Hema Malini praised Deepika Padukone, calling her a beautiful and talented performer.

Adhikari said the per-student allocation under the primary school midday meal scheme would rise from Rs 6.78 to Rs 10.

House of the Dragon Season 3 Episode 4 shifts the focus from battle to politics as Rhaenyra grapples with personal loss, Daemon reunites with Rhaena, and a new threat begins to emerge in Westeros.

France face Spain while defending champions Argentina take on England as four former winners battle for a place in the 2026 FIFA World Cup final.

Q1 Results Today Live: Track all the latest Q1 earnings announcements, management commentary, dividend declarations, margin trends, guidance, analyst reactions and share price moves from companies reporting June quarter results today.

The Ministry of Petroleum sought to address assertions made in an editorial by The Hindu regarding Russia’s share in India’s oil imports crossing 40% in May 2026.

The contrast between the two quarters suggests the company is increasingly positioning AI as its primary growth engine, even as it acknowledges the productivity-led disruption the technology may bring.

This transaction is amongst the largest acquisitions in India’s renewable energy sector

As the 31 August deadline nears, taxpayers can use the Income-Tax Department’s Excel Utility for ITR-5 and ITR-7 on the e-filing portal for FY26. This allows offline preparation of returns before digital submission, ensuring timely processing.

IT major broadens AI strategy beyond GenAI services, betting on infrastructure, sovereign AI and data centres as its next growth engine.

SEBI alleged Kotak AMC failed to conduct adequate due diligence on Essel group entities and delayed redemptions after restructuring debt backed by Zee shares

Federal Reserve Governor Christopher Waller signalled that interest rates may need to rise in the near term if inflation remains elevated. He warned that broadening price pressures and a potential surge in energy costs could delay progress toward the 2% target, keeping the Fed at a critical policy crossroads.

Reuters had claimed that India rejected a quick, restricted interim trade deal that Washington had proposed, and was holding on for a better pact.

India has been used as a funding market in the first half of 2026, leading to record outflows of $30 billion in a short span of over three months.

States argue the blockbuster merger would curb competition in film distribution and cable television.

Facing financial and legal headwinds, SpiceJet is already operating a reduced fleet.

Jio Platforms has replaced Kiran Thomas as chief executive officer with Pankaj Pawar, according to its draft IPO papers, as the company seeks to raise about USD 4 billion at a valuation of around USD 137 billion.

Market experts shared their insights on fundamentals and technical levels for key stocks, HCL Technologies, CDSL, MCX, GAIL, IDBI Bank And Sula Vineyards.

Memory-chip names led losses on Wall Street as investors reassessed AI demand, while SK Hynix ADRs bucked the broader selloff.

With the massive win, India also maintained their superior record against England in the longest format. In the 16 Tests both teams have played, India have won four games, England one while the remaining 11 matches were drawn.

OpenAI further said, the roll out was starting globally and continue gradually towards full availability in a day

There are 60 licensed users of Woolmark in India

West Indies began the ODI series on a winning note after Keacy Carty and Shai Hope combined to seal a convincing seven-wicket victory against New Zealand in Guyana.

Delhi Lakshmi Yojana: Beneficiary women will get ₹2,500 per month under the scheme earlier known as Mahila Samriddhi Yojna. Check here for details on eligibility criteria, the monthly benefits and steps for how to apply.

The Ministry of Petroleum sought to address assertions made in an editorial by The Hindu regarding Russia’s share in India’s oil imports crossing 40% in May 2026.

Finance Minister asks banks to intensify outreach to NRI diaspora and introduce innovative deposit products to maintain the pace of mobilisation

In the first half of 2026, Mercedes-Benz India retailed 9,768 units, up 9% YoY

The convergence of AI-led demand, supply constraints and push for digital sovereignty presented a compelling opportunity for the company to emerge as a full-stack AI technology solutions provider, says HCLTech, CEO & MD, C. Vijayakumar

Besides the consolidation of its shareholding, Emcure also announced a leadership transition under which Samit Mehta will lead Gennova

The AMC’s net sales increased to ₹1.13 lakh crore, up 38.4% in the quarter ended June 30, 2026 as against ₹82,268 crore in the same quarter previous year

Data released by Commerce Ministry showed that India’s overall exports, including both goods and services, grew 9.5% to $73.4 billion in June 2026. Total imports, on the other hand, grew nearly 27% to $88.8 billion

Level-1 employees will see HRA rise significantly across X, Y and Z cities if the 8th Pay Commission adopts a 2.57 fitment factor.

The rider claimed he earns Rs 25,000 a month as a full-stack developer and drives for Uber during evenings and weekends to supplement his income.

The National Testing Agency released the Re-NEET 2026 OMR sheets and recorded responses on its official website on July 13. Candidates can download them using application number and password.

SK Hynix’s US-listed shares fell nearly 8% after a strong Nasdaq debut, as investors booked profits in AI-linked chip stocks. The decline triggered broader weakness across global semiconductor stocks, with sharp losses in Seoul and the US, reflecting growing concerns over valuations and sustainability of AI-driven demand.

Millworks Technologies has successfully garnered Rs 44 crore from its anchor investors ahead of its public offering set to commence on July fourteenth. This large-scale IPO, amounting to Rs 160.33 crore, will close on July sixteenth. Renowned for its precision components across multiple sectors, the firm plans to utilize the raised funds to bolster capital expenditures and meet working capital demands.

Technology stocks weighed on Wall Street, with semiconductor shares leading losses in early trade.

Goyal reacted to a report published by the news agency Reuters, which stated that India was waiting for a better deal and had rejected a speedy trade pact with the US in recent negotiations.

US President Donald Trump claimed that the Strait of Hormuz is open, while criticising the Iran again.

Looking ahead, economists predict that food inflation will increase in July as well due to a lacklustre monsoon

HCLTech CEO C Vijayakumar said the company witnessed robust client bookings during the April-June quarter.

8th pay commission: We take a look at the likely revision in house rent allowance (HRA) for central government employees across level 1 to 5 in X, Y and Z category cities based on suggested fitment factor.

Regarding a timeline, Commerce Secretary Rajesh Agrawal indicated that the deal could be signed even before the U.S. investigations on its trade partners are completed.

Gold prices saw a notable decline amidst rising tensions in the Middle East, driven by concerns over inflation linked to escalating oil prices. The prospect of an interest rate hike from the Federal Reserve in September is keeping traders on edge as they await crucial economic data releases this week. Prices for other precious metals also suffered losses on Monday.

Former Microsoft employee Christian Harms left a 200,000 Swiss franc salary to become a content creator, sharing the setbacks and lessons from his career change.

Physician-astronaut Anil Menon will lift off aboard Soyuz MS-29 on July 14 for his first mission to the International Space Station, where he will spend about eight months conducting cutting-edge scientific research.

Mylan to sell entire 5.64% stake at an 8% discount through a Rs 3,500-crore block deal.

Wall Street opened lower on Monday as rising tensions between the US and Iran pushed oil prices higher, dampening investor sentiment. The Nasdaq and S&P 500 declined amid pressure on chip stocks, while the Dow managed marginal gains, reflecting cautious trading at the start of the week.

On Monday, stock markets dipped as rising oil prices intensified due to increasing tensions between the U.S. and Iran. This surge in oil costs exacerbated the ongoing decline in chip stocks, heavily weighing on the Nasdaq index. Investors are now tasked with weighing strong corporate earnings against escalating geopolitical uncertainties.

SpiceJet and its promoter Ajay Singh told the Delhi High Court on Monday that they would pay Rs 50 crore towards a court-mandated deposit within 45 days.

Mylan ​Inc plans to ‌sell ⁠up ⁠to 92 ​million shares in ​Indian drugmaker ​Biocon ⁠Ltd, worth ‌up ​to ​34.81 ⁠billion Indian rupees ($363 ​million), according to ​a term ‌sheet seen ​by ​Reuters.

Anupam Kher paid a heartfelt tribute to legendary actor Sam Neill after the Jurassic Park star passed away at 78.

The size of your mutual fund investment depends on two key factors: the rate of return and the amount of SIP. The higher the rate of return, the bigger the corpus.

Mercedes-Benz India reiterated that E20 petrol should only be used in compatible vehicles after a viral debate over ethanol-blended fuel and mileage concerns.

US President Donald Trump claimed that the Strait of Hormuz is open, while criticising the Iran again.

As TCS announced better-than-expected results for its first quarter of fiscal 2027, overall investor sentiment improved across the sector.

EPFO 3.0 enables members to withdraw up to 75% of their EPF balance via UPI, enhancing quick access to funds for various needs. The system upgrade allows for automatic account transfers when changing jobs and offers digital solutions for claims and account management, improving efficiency.

Seven BSE 200 stocks, including Paytm, Nykaa, Oracle Financial Services and JSW Infrastructure, hit fresh 52-week highs despite a subdued market. The milestone reflects strong investor confidence, sustained buying interest and continued upward momentum in these counters.

Q1 Results Today Live: Track all the latest Q1 earnings announcements, management commentary, dividend declarations, margin trends, guidance, analyst reactions and share price moves from companies reporting June quarter results today.

HCL Technologies Q1 results: IT services company HCL Tech reported a 20% year-on-year (YoY) growth in its consolidated net profit at Rs 4,624 crore in the first quarter of FY27. The same stood at Rs 3,843 crore in the last year quarter.

HCL Technologies Q1 results: IT services company HCL Tech reported a 20% year-on-year (YoY) growth in its consolidated net profit at Rs 4,624 crore in the first quarter of FY27. The same stood at Rs 3,843 crore in the last year quarter.

The updated guidelines are designed to attract creative talent from around the world and boost local economies outside of the capital, according to Justice Minister Jung Sung-ho.

Sensex and Nifty recovered sharply from nearly 1% intraday losses to close marginally higher, led by IT stocks. Analysts cited strong FII inflows and technical support at 24,000, while warning that rising crude oil prices remain the biggest market risk.

The amendments are aimed at strengthening governance, transparency and ethical standards for Sebi employees

The Supreme Court pressed for mediation in the Kalyani family dispute over Rs 1 lakh crore in ancestral assets while staying the Bombay High Court case.

The income tax return due date for most taxpayers is July 31, 2026. Late filing incurs penalties and addition interest if you have unpaid taxes. Check all other consequences of missing ITR due date here.

Apex court seeks details of aviation rules amid concerns over dynamic pricing and airline charges.

ITR filing is now becoming increasingly paperless, but taxpayers must securely retain key digital tax documents. A tax expert explains which records to preserve, why backups matter, and how organised digital files can help during tax verification, assessments and future income tax notices.

LTM reported AI-related revenue for the first time, estimating it to be at 12.2% of its quarterly revenue.

US President Donald Trump claimed that the Strait of Hormuz is open, while criticising the Iran again.

Since the Indian missions in the UAE switched to an appointment-only system for passport and other consular services, the demand has intensified.

The food inflation based on the consumer price index (CPI) was 5.32% in June, higher than 4.78% in May, according to the data

After falling sharply during morning trade, the 30-share BSE Sensex rebounded by 219.9 points during the day but failed to build on the gains

The Delhi High Court allowed Zydus Lifesciences to continue manufacturing Ikra but temporarily barred supplies after AbbVie alleged patent infringement.

Asset manager posts strong first-quarter earnings as profit and income register double-digit growth.

ICICI Prudential AMC Q1 Results: Revenue from operations, meanwhile, increased 18% YoY to Rs 1,564 crore.

Government says access to frontier AI models remains a priority as it pushes for domestic capability, tighter cybersecurity and stronger digital resilience amid evolving cyber threats.

Aditya Birla Renewables takes on Shell’s renewable assets in India as energy major continues to refocus on oil and gas

Forex traders said renewed drone and missile strikes between the U.S. and Iran prompted supply concerns, while elevated crude oil prices and a strong greenback triggered capital outflows.

U.S. military launched a new wave of strikes on Iran after renewed fighting over the Strait of Hormuz

Blume called these additional proposed layoffs a "theoretical deduction" which may be become an applied reality across the globe.

SBI Funds Management IPO opens tomorrow. Check the latest GMP, price band, lot size, key dates and what analysts expect from the listing.

Food inflation accelerated to 5.32% in June, as compared to 4.78% in the preceding month.

Newgen Software Technologies shares rallied nearly 22% in five sessions ahead of its Q1FY27 results, supported by strong IT sector sentiment and recent deal wins.

Unofficial grey market platforms suggest an estimated listing gain of 12% to 16% over the upper price band.

Rajesh Agrawal says negotiations are progressing smoothly, with the proposed pact expected to address tariff concerns and strengthen bilateral trade.

US President Donald Trump claimed that the Strait of Hormuz is open, while criticising the Iran again.

Union Bank of India has informed that a meeting of the Board of Directors of the Bank is scheduled to be held on Wednesday, July 15.

OpenAI may have less wiggle room but also sees the need to be competitive on costs.

A buy now, pay later facility can help build a strong credit history when used responsibly. Timely repayments, controlled borrowing, and avoiding defaults are crucial. Learn how BNPL services affect credit scores, borrowing ability, and financial health with key tips for users.

The CSIR NET June session exam will be conducted on July 17 and 18.

Nifty Metal fell 1.13%, followed by Nifty Financial Services at 1.03% and Nifty Consumption at 0.98%. Nifty IT gained 0.53%, while Nifty Pharma rose 0.13%.

Poompuhar is collaborating with Reliance Retail, which will procure handicraft products and showcase across its retail outlets. Poompuhar is making a strong push into gifting segment, with the initiative set to be launched ahead of Deepavali.

Angel One will announce its Q1 results and consider a first interim dividend on July 15. The earnings call is scheduled for July 16 at 11 a.m. IST.

The government currently holds a 92.44% stake in Indian Overseas Bank and is expected to soon launch the OFS to pare its shareholding.

Analysts expect modest revenue growth with some margin pressure due to weak overseas markets and challenging demand.

RateGain has outperformed the broader IT sector over the past year by using artificial intelligence to improve pricing, distribution and marketing for travel companies. As the company integrates acquisitions and expands globally, investors are weighing whether those gains can support its premium valuation.

Puravankara has achieved an impressive twenty-eight percent growth in sales bookings in the first quarter, reflecting strong market performance. Additionally, customer fund collections experienced a remarkable forty percent year-on-year increase, reaching Rs 1,199 crore. The sales area expanded by nine percent to 1.36 million square feet, while the average price realization rose by eighteen percent to Rs 10,589 per square foot.

The new rules compress a dozen complicated advance clauses into three broad categories while requiring a mandatory 25% retirement reserve.

The US has carried out strikes on Iranian military and infrastructure targets in recent days, in what it has described as a response to attacks on commercial vessels transiting the Strait of Hormuz.

The state government has maintained that the scheme itself continues and that eligible women will continue receiving the monthly assistance.

Eurozone government bond yields climbed on Monday due to escalating US-Iran tensions. Oil prices surged significantly after Iran announced a closure of the Strait of Hormuz. This renewed conflict has increased concerns over global inflation and economic stability.

Google will be launching the complete Pixel 11 lineup at its Made by Google event on August 12.

Kalyan Jewellers shares continued to trade higher on Monday, up 9% at Rs 518.50 per share in morning trade.

Shipping through the Strait of Hormuz fell to a five-week low after renewed US-Iran tensions. Fewer vessels transited the vital oil route, raising concerns over maritime security, shipping costs and global energy markets.

WhatsApp had subsequently sought additional time to respond and assured authorities it would not launch the feature in India before discussions concluded.

If you have bought a car worth more than ₹10 lakh, you would have paid a TCS of 1% to the dealer. This is not an additional tax but a tax credit that can be adjusted against your total income tax liability or claimed as a refund while filing the ITR. 

Goldman Sachs has flagged ultra-light foreign positioning and a $2 billion reversal since mid-June as signs the worst of the outflow cycle has passed.

Goldman Sachs has bet on banks, energy and defence stocks as foreign flows turn, oil shock fades and El Nino risks reshape sector winners.

TCS declared an interim dividend of Rs 12 per equity share. The record date has been fixed as July 15, while the dividend will be paid on July 31.

Debasish Mishra says the asset manager is listing as part of its next phase of growth rather than to raise fresh capital.

The union is pushing management to guarantee income security through formal negotiations prior to any deployment of Atlas robots, and a full monthly salary system to insulate fixed incomes from an automation-driven drop in human labor hours. They also want the retirement age extended to 65 from 60 to allow them to work longer.

The pan-European STOXX 600 index slipped 0.3% to 639.29 in early trade, extending losses after posting its biggest weekly decline since late April in the previous session.

SBI Funds Management has cut its IPO size to Rs 9,812 crore from Rs 11,693 crore after raising Rs 1,655 crore through a pre-IPO placement with 30 anchor investors. The IPO, entirely an offer-for-sale by SBI and Amundi India Holding, will open on July 14. SBI sold 1.42% stake at Rs 574 per share, the upper price band.

SBI Funds Management has cut its IPO size to Rs 9,813 crore from Rs 11,693 crore after raising Rs 1,655 crore through a pre-IPO placement with 30 anchor investors. The IPO, entirely an offer-for-sale by SBI and Amundi India Holding, will open on July 14. SBI sold 1.42% stake at Rs 574 per share, the upper price band.

Swiggy shares fell over 2% on Monday, extending losses for a second session after the Food Safety and Standards Authority of India (FSSAI) issued nine notices to Swiggy Instamart over consumer complaints alleging food safety violations. The regulator has sought a detailed explanation, compliance report and documentary evidence, warning that failure to comply could invite legal action.

The National Testing Agency (NTA) is likely to declare the results of the re-conducted National Eligibility cum Entrance Test Undergraduate 2026 by July 20 for over 20 lakh MBBS aspirants who appeared for the exam.

TCS shares have surged 8% over the past two sessions after the IT major reported strong Q1 earnings and announced a multi-million-dollar AI-led network transformation deal with ABB. While technical indicators point to improving momentum, analysts remain divided on whether the recent rally marks the beginning of a sustained trend reversal.

IT stocks led by TCS, HCL Technologies and Infosys rallied sharply on Monday, lifting the Nifty IT index nearly 4% despite weakness in the broader market. The sectoral index climbed to a more-than one-month high and has gained around 6% over the past two sessions.

The new Income Tax Act largely simplifies presumptive taxation rules, but one change could restrict taxpayers from setting off certain losses against presumptive income.

The new framework empowers the ombudsman to issue interim, non-binding advisories to the regulated entity, requiring it to take action for full or partial resolution to enable quicker settlement.

Q1 Results Today Live: Track all the latest Q1 earnings announcements, management commentary, dividend declarations, margin trends, guidance, analyst reactions and share price moves from companies reporting June quarter results today.

Dubai’s residential real estate market showed resilience despite Middle East geopolitical tensions, with housing transactions worth AED 225.7 billion recorded in H1 2026, according to an ANAROCK report. While the Iran conflict triggered a short-term sentiment-driven correction, strong fundamentals, population growth, foreign investor demand and supportive government policies are expected to keep the market on a recovery path.

Chennai Super Kings on Monday announced that head coach Stephen Fleming and the franchise have mutually agreed to part ways.

Foreign investors bought over $1 billion worth of Indian equities last week, marking their biggest weekly purchase since June 2025. Goldman Sachs expects inflows to continue, supported by a stable rupee and improving earnings outlook. Global funds were net buyers of $1.3 billion through July 9, followed by another $272 million of provisional purchases on Friday.

Food safety regulator seeks explanation on complaints ranging from expired products to licensing and compliance issues.

US President Donald Trump claimed that the Strait of Hormuz is open, while criticising the Iran again.

FDA officials raided Ajinkyarana Milk Industries in Sangola, seized and destroyed 37,532 litres of adulterated milk, and closed the unlicensed unit for violating food safety rules. Authorities warned of strict action against adulteration.

AI-linked stocks are showing signs of fatigue as investors lock in profits. Semiconductor and memory-chip makers have seen sharp retreats from recent highs. Investors are now demanding stronger earnings growth and clearer profit evidence. A rotation into software and cloud providers is also occurring within technology. Despite this, the long-term outlook for artificial intelligence remains strong.

The case dates back to the night of 2 June, when a group of unidentified individuals allegedly vandalised his coaching centre and pelted stones at its premises.

The IPO grey market shows strong activity with several upcoming mainboard and SME issues. Millworks Technologies IPO leads SME offerings with a significant premium. SBI Funds Management IPO is a major mainboard issue attracting attention. Kusumgar IPO shows a notable premium after its allotment finalisation. Investor focus remains on these IPOs and their potential listing gains.

Japan’s plan to encourage its massive public pension funds to increase allocations to domestic assets has sparked expectations of a major shift in global capital flows. The move could support the yen, boost demand for Japanese government bonds and potentially reduce overseas asset purchases by Japanese institutions. While markets reacted positively, analysts remain cautious about the scale and long-term impact of any portfolio shift.

UBS has initiated coverage on CarTrade Tech with a Buy rating and a target price of Rs 4,000, implying a 42% upside from current levels. The brokerage expects the company’s asset-light business model, margin expansion, OLX growth potential and strong digital marketplace network effects to drive earnings growth over the coming years.

Nifty Metal fell 1.13%, followed by Nifty Financial Services at 1.03% and Nifty Consumption at 0.98%. Nifty IT gained 0.53%, while Nifty Pharma rose 0.13%.

With the end of the active spell of monsoon, these lakes may have to wait longer before seeing any meaningful surge in their water levels again.

Q1 Review: Anand Rathi remain optimistic as LTM continues to show execution excellence under the leadership of Venu Lambu.

The latest grey market premium suggests upto 38% listing gains as subscription for the SME IPO concludes today.

Alpine Texworld IPO is a book-built issue worth Rs 126.25 crore, which is an entirely fresh issue of 1.20 crore shares.

SBI Funds Management IPO opens tomorrow. Check the latest GMP, price band, lot size, key dates and what analysts expect from the listing.

LTM will combine Claude, Claude Code and Claude Cowork with its enterprise implementation expertise to help clients to boost productivity.

Vedanta Group stocks gained on Monday, recovering from a recent correction after their stock exchange debut. Vedanta Iron and Steel shares rose nearly 5%, while Vedanta Oil and Gas also saw an increase. Vedanta Power shares experienced a slight gain, and Vedanta Aluminium shares traded higher today. Brokerages have issued bullish calls for Vedanta Aluminium, expecting significant profit growth.

The company has already expanded capacity from 6,000 units to nearly 9,000 units, with production at the enhanced scale underway since 1 July.

Chinese stocks experienced a significant downturn on Monday, reaching monthly lows. Escalating Middle East geopolitical tensions dampened investor sentiment and triggered widespread profit-taking. High-growth sectors like defence and technology saw sharp declines, while defensive stocks gained.

The demonstrations, organised by the Joint National Squatters Front outside a key government building, drew largely young protesters carrying placards demanding an end to what they called cruelty towards the poor.

PL Capital believes rising competition from quick commerce is likely to limit growth across Modern trade and DMart Ready.

HDFC Bank shares dropped on Monday ahead of its Q1 FY27 earnings this week, erasing around Rs 21,500 crore in market value. While the lender reported strong loan growth in its business update, investors will closely track earnings, asset quality, margins and management commentary for signs of sustained growth.

Microsoft CEO says enterprises pay for AI twice — once in money, once in the proprietary knowledge they must hand over to make it work

Q1 Results Today Live: Track all the latest Q1 earnings announcements, management commentary, dividend declarations, margin trends, guidance, analyst reactions and share price moves from companies reporting June quarter results today.

Planning a bank visit this week? Check the RBI bank holiday list from July 13 to 19. Banks will remain closed in several states due to regional festivals. Online banking remains active.

L&T Finance has demonstrated consistent performance, achieving YoY PAT growth of >20% and an averagenet profit growth of 25% for the past 14 quarters, adds the brokerage.

The stock was trading around Rs 527 apiece, up from its previous close at Rs 508.25 on Friday, while the Nifty IT index gained around 0.74%.

San Francisco Unicorns capped an impressive league-stage campaign by clinching first place with a six-wicket win over Seattle Orcas in Dallas.

At the interbank foreign exchange market, the rupee opened at 95.72, then touched 95.77 against the U.S. dollar, registering a loss of 39 paise from its previous close

Shares of IOCL, BPCL, and HPCL opened nearly 2% lower each and extended losses trade in red amid a broader bearish sentiment across the domestic frontline indices.

TCS shares rose for a second straight session on Monday after the IT major reported a 5% YoY rise in Q1 FY27 net profit and announced an interim dividend of Rs 12 per share. Brokerages remain divided, with target prices implying both downside risk and upside potential of up to 45%.

Tata Consultancy Services shares climbed significantly after announcing a major AI deal. This new multi-year agreement with ABB aims to transform global network operations. The company also reported better-than-expected first-quarter earnings for the financial year. TCS posted strong revenue growth and a substantial contract value for the period. These positive developments have boosted investor confidence in the IT major.

MRPL shares extended gains after ONGC announced a 1.75 MMT strategic petroleum reserve in Mangalore, boosting investor sentiment and energy security hopes.

Goldman Sachs has turned more constructive on Indian equities, forecasting the Nifty 50 to rebound to 26,500 by June 2027. The brokerage cited an improving macro backdrop, easing foreign selling, resilient domestic growth and attractive valuations, while recommending banks, large-cap stocks and value plays for the second half of the year.

Emerging markets saw substantial equity outflows totalling $46.1 billion in June. South Korea and Taiwan experienced the largest investor withdrawals from their stock markets. However, emerging market debt attracted foreign inflows, showing investor preference for fixed income.

Kalyan Jewellers shares continued to trade higher on Monday, up 9% at Rs 518.50 per share in morning trade.

From 15 July, the India-UK Double Contribution Convention Agreement will allow eligible Indian professionals on temporary UK assignments to continue building EPF savings in India instead of paying towards UK social security contributions. 

"A 50:50 India-US allocation returned roughly 1,080% from the 2008 market bottom through March 2026, against roughly 750% for an India-only portfolio," Appreciate Wealth CEO Subodh Moulik said.

CarTrade Tech has set a target price of Rs 4,000 on CarTrade Tech shares, marking an upside of 42.3%

Wall Street faces a pivotal week with key economic data releases and corporate earnings. Investors will closely watch inflation figures and Federal Reserve commentary for market direction. Geopolitical tensions in the Middle East are also a significant concern for global energy supplies. Major banks like JPMorgan Chase will kick off the second-quarter earnings season. Robust corporate results are needed to support current market valuations amid uncertainties.

Stock remains under insolvency-linked surveillance framework as company seeks review of trading restrictions.

A rumoured FDA inspection in Satara’s Maan taluka sparked panic among milk collectors, leading to hundreds of litres of milk being dumped on roads. The incident raised concerns over milk quality, adulteration and demands for an investigation.

Specialty Chemicals Q1 Preview: Although specialty sector valuations have been corrected from their post-Covid highs, fluorination-focused companies continue to trade at premiums to historical averages, adds Systematix

The social media campaign carries the message that consumers can play a direct role in improving food safety standards by reporting violations instead of ignoring them.

After two days of rally, the 30-share BSE Sensex tanked 616.15 points to 76,946.97 in early deals

House of the Dragon Season 3 Episode 4 has left fans buzzing after a surprising reveal involving Sunfyre. Read further to know the twist.

For WBJEE Counselling 2026 Round 2, candidates must finish registration and choice selection between July 13 and July 17, 2026. The result for Round 2 seat allotment will be announced on July 21, 2026.

Avantel shares rose sharply on Monday after the company reported robust June quarter earnings, with revenue rising 36% year-on-year to Rs 70.42 crore and net profit jumping 67% to Rs 5.39 crore. The stock traded above all key moving averages, while FIIs increased their stake during the June 2026 quarter.

Nifty Metal fell 1.13%, followed by Nifty Financial Services at 1.03% and Nifty Consumption at 0.98%. Nifty IT gained 0.53%, while Nifty Pharma rose 0.13%.

Just Dial shares surged as much as 14% after the company reported strong Q1FY27 results. Net profit rose 4.1% YoY to Rs 166.2 crore, while revenue climbed 9.9% YoY to Rs 327.5 crore. EBITDA margin remained healthy at 26.7%, with quarterly unique visitors at 192.9 million. The company also ended June with Rs 6,022 crore in cash and investments.

Morgan Stanley and Bernstein remain positive on Avenue Supermarts, while Citi and Goldman Sachs stay cautious over slowing growth and rising competition from quick commerce.

Motilal Oswal Financial Services aims to grow profits tenfold over the next decade while preparing for a leadership transition. In an exclusive interview with ET Markets, billionaire co-founder Motilal Oswal said the group has inducted the next generation—Pratik Oswal and Vaibhav Agrawal—onto the board and is also empowering senior professionals.

Memory mania redux

The US SEC has tightened disclosure rules for activist investors, requiring greater transparency around client identities in key regulatory filings. The new guidance could reshape shareholder activism by increasing disclosure obligations for hedge funds and special purpose investment vehicles, while reigniting debate over investor privacy, corporate governance and campaign financing.

While EPFO calculates interest on your provident fund every month, it credits the accumulated amount only after the end of the financial year.

LTM said AI-related revenue reached a quarterly run rate of $150 million, accounting for 12.2% of revenue, a higher share than TCS and HCLTech despite their larger AI businesses.

Shares fell despite the company reporting a 13% net profit surge in the first quarter of fiscal 2027.

Gold and silver prices today, 13 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, along with other important geopolitical updates.

The tragedy occurred on Saturday when a speedboat operated by Ocean Pear Island Company capsized roughly 400 metres off Hon May Rut Ngoai islet.

With the end of the active spell of monsoon, these lakes may have to wait longer before seeing any meaningful surge in their water levels again.

Regional security analysts have warned that Gulf states hosting US military facilities or critical energy infrastructure face an increased risk of becoming targets as the conflict widens

Gold and silver prices extended losses on the MCX for a second straight session on Monday amid rising oil prices triggered by fears of a Strait of Hormuz closure. Higher crude prices raised concerns over persistent inflation and prolonged high interest rates, weighing on precious metals.

DMart shares fell on Monday despite reporting a healthy June-quarter performance. The company posted an 11.3% year-on-year rise in consolidated net profit to Rs 860.6 crore, while revenue grew 14.9% to Rs 18,794 crore. EBITDA increased 15.4% to Rs 1,499 crore, with EBITDA margin improving marginally to 8% from 7.9% a year ago.

Indian stock indices Sensex and Nifty experienced significant declines on Monday. Rising oil prices and Middle East tensions dampened investor sentiment across the market. Broader market indices also slipped into the red, reflecting widespread losses. Several major companies saw their share prices drop considerably during trading. The overall market breadth indicated a bearish trend with more stocks declining.

West Bengal may soon allow corrections for 27.8 lakh rejected Annapurna Yojana applications. The proposed edit facility will help applicants fix Aadhaar, mobile and data errors, resubmit forms and improve chances of receiving welfare benefits under the state scheme.

Five NSE F&O stocks, including CDSL, Biocon and Paytm, witnessed over 6% growth in futures open interest on July 10, signalling fresh positioning and heightened trader participation.

SBI Funds Management will launch its Rs 11,692.91 crore IPO on July 14. Investor enthusiasm is building in the grey market, indicating a premium. The price band is set at Rs 545-574 per equity share for this offering. This public issue is entirely an Offer for Sale by selling shareholders. The shares are tentatively scheduled to debut on July 21, 2026.

SBI Funds Management IPO opens tomorrow. Check the latest GMP, price band, lot size, key dates and what analysts expect from the listing.

Antony Waste shares dropped after a waste mound collapse killed nine workers. The incident occurred at the PCMC Waste-to-Energy plant following heavy rainfall. The company will cover all expenses for the injured and bereaved families. Operations at the plant are temporarily suspended for safety assessments. Municipal waste collection and transportation services remain unaffected by the event.

NRIs face complex tax rules when selling Indian property, often leading to excess tax deductions. Obtaining a Lower TDS certificate can prevent over-withholding on sale consideration. Understanding capital gains tax and available exemptions is crucial for maximizing returns. Recent changes have altered capital gains taxation for equities and debt funds. Proper documentation and timely filing are essential for claiming refunds and repatriating funds.

The Nifty remains locked in a four-week trading range, with geopolitical developments, inflation data and the June-quarter earnings season expected to determine its next move.

Millworks Technologies will launch its BSE SME IPO on July 14, 2026, aiming to raise Rs 160.33 crore. The company operates in precision engineering, serving aerospace and defence sectors. Its IPO price band is set between Rs 315 and Rs 331 per share. Millworks Technologies reported strong financial results for FY26, with Rs 148.77 crore revenue. Net proceeds will fund capital expenditure and working capital needs.

By the end of the second day of bidding, the IPO had been fully subscribed, receiving bids for 100% of the 2.55 crore shares on offer. The retail investor segment was subscribed 80%, with bids received for 1.27 crore shares reserved for that category.

Middle East flight schedules are in focus as Iran warned neighbouring Gulf states against allowing their territory to be used for attacks against the Islamic Republic.

Small-Cap Compounders: Aptus, PNB HF Lead The Pack As Morgan Stanley Eyes Multi-Year Rally — Check Target Price

Gold and silver prices declined despite rising geopolitical tensions. Check city-wise prices.

The development comes hours after Iran claimed to have launched a fresh wave of missile and drone strikes on American bases in the region.

Iran said that Washington has violated almost every element of memorandum of understanding by striking Iranian transport infrastructure, commercial shipping, cargo vessels and aviation facilities.

Five stocks in the Nifty500 segment that gained over 6% featured in the RSI Trending Up scan on July 10 after showing improving momentum. The RSI moved above the 50 mark from lower levels, signalling strengthening price action, improving sentiment and potential short-term buying opportunities for traders tracking bullish technical setups.

Inflation revival, accelerated store additions and moderation of competition from Qcom are potential triggers. Thus the brokerage expects DMart to deliver a 17% earnings CAGE over FY26-28E.

HCL Tech is set to announce its Q1 FY27 earnings today. Analysts expect modest growth, stable margins and updates on FY27 guidance

Investor enthusiasm stems from the fact that SK Hynix has morphed into a golden goose. It’s the world’s second-largest supplier of dynamic random-access memory chips, or DRAM, and the biggest when it comes to the high-bandwidth ones that are paired with Nvidia Corp.’s graphics processing units.

Broadway actor Josh Grisetti also appeared in The Marvelous Mrs. Maisel, The Good Fight, The Namesake and Men in Black 3, and authored the memoir God in My Head.

Investors will closely watch revenue, profit, margins and business outlook to assess the health of key industries. 

SK Hynix shares declined significantly in Seoul trading on Monday. This followed a strong debut for its American Depositary Receipts on Nasdaq. Investors booked profits after the successful U.S. listing concluded. Concerns about second-quarter earnings also impacted market sentiment. Shipment increases for HBM4 chips did not appear to materialize at scale.

The 8th Pay Commission is about much more than a salary hike. From allowances and pensions to performance incentives and gratuity, these five key Gazette provisions could reshape the pay and retirement benefits of Central government employees. Check the complete details, including FAQs. 

Oil prices climbed on Monday after the US and Iran exchanged fresh strikes, reigniting worries over crude supply through the Strait of Hormuz.

Brent crude futures advanced $3.34, or 4.38%, to $79.5 a barrel, while U.S. West Texas Intermediate (WTI) crude gained $3.07, or 4.30%, to $74.20 a barrel. The latest rally comes after both benchmarks climbed 5.5% last week, with WTI once again trading above $74 a barrel. European natural gas futures also rose 2.5% after markets reopened following the weekend.

US President Donald Trump claimed that the Strait of Hormuz is open, while criticising the Iran again.

Productivity pain for key accounts is behind, and this could be positive vs peers in the next couple of years, adds the brokerage.

Gold prices declined over one percent in early Asian trade Monday. Oil prices jumped sharply, increasing inflation concerns and interest rate expectations. U.S. and Iranian forces exchanged missile and drone assaults in the Gulf region. Federal Reserve chair testimony and economic data will offer policy clues. Gold speculators reduced net long positions while China increased its reserves.

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

The tax you pay on an EPF withdrawal depends on several factors, including how long you have been employed, the reason for the withdrawal and the amount you take out.

A 20-year investment horizon is generally considered a long period that gives money more time to benefit from the power of compounding and market cycles.

Top picks for Monday, July 13 include Biocon, TSF Investments, Neogen Chemicals, Triveni Engineering & Industries, and DOMS Industries.

Brent crude futures rose 3.5% to $78.67 a barrel, while U.S. West Texas Intermediate crude futures gained 3.4% to $73.87 a barrel.

Asian markets declined as intensified Gulf fighting and oil price surges rekindled inflation risks. Oil prices climbed significantly, impacting global economic outlooks and investor sentiment. Investors increased expectations for a Federal Reserve interest rate hike soon. Major banks and tech companies are set to release their quarterly earnings reports. South Korean chip stocks faced pressure, impacting the broader semiconductor sector globally.

Indian equity markets are expected to sustain their gradual upmove. Supportive domestic fundamentals and improving global cues are driving this positive outlook. The market will likely react to reports of Hormuz closure by Iran. Foreign and domestic institutional investors showed net buying activity on Friday. The Indian rupee ended nearly flat but declined from the previous week.

Analysts maintain a positive outlook on Nifty, suggesting a buy-on-dips strategy for traders. They see Nifty potentially reaching 24,300 to 24,600 while staying above 23,800. Bank Nifty shows support at 57,400 and resistance around 58,706 to 59,250. Specific stock recommendations include BEML, Blue Star, Steelcast, Sobha, and Grasim Industries. Traders can also consider a Bull Put Spread strategy for Nifty with defined risk.

Markets monitored fresh developments between the U.S. and Iran while awaiting a busy week of corporate earnings.

Market experts shared their insights on fundamentals and technical levels for key stocks, BEL, Wipro, SBI, Ashok Leyland, and Dixon Tech.

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

Oil prices climbed Monday as Iran expanded strikes on Gulf states. U.S. West Texas Intermediate crude rose and Brent crude futures climbed. Tehran extended strikes on Qatar and the United Arab Emirates over the weekend. This cycle of attacks casts doubt on an interim U.S.-Iranian agreement. Market analysts suggest the current flare-up represents an escalation within a fragile truce.

While most of the changes to capital gains taxation were implemented in FY24-25 or AY25-26, taxpayers filing returns this year for AY26-27 still need to navigate a detailed reporting framework, particularly for equity transactions.

The Indian rupee is projected for a slight recovery in coming months. Economists anticipate the rupee will rise just above 94 to the dollar. Subsequently, it is expected to weaken to below 95 by year-end. This outlook contrasts with earlier predictions of significant strengthening. Persistent dollar demand and global risks will likely limit gains.

The Indian rupee is projected for a slight recovery in coming months. Economists anticipate the rupee will rise just above 94 to the dollar. Subsequently, it is expected to weaken to below 95 by year-end. This outlook contrasts with earlier predictions of significant strengthening. Persistent dollar demand and global risks will likely limit gains.