In an Instagram address, the prime minister said the students were "misguided children" and appealed to society to help them learn from their mistakes instead of pursuing punishment.

ABB India reported a 3% year-on-year rise in net profit to Rs 362 crore from Rs 352 crore for the second quarter of calendar year 2026.

Track Q1 FY27 earnings live as Maruti Suzuki, ITC, Dixon Technologies, Sun Pharma, Bajaj Finserv, IOCL and 100+ firms announce June quarter results, guidance and key updates.

Companies in the pharmaceutical, metals, cotton, culinary, and lithium production industries are among the most recent entrants.

Gunmen opened fire on two non-local labourers in Kilam village on Friday evening. Police said one victim died while the other is undergoing treatment as security forces launched a search operation.

The Delhi government approved the Lakshmi Yojana, allowing eligible women aged 21-60 to receive ₹2,500 monthly. An online application portal will launch on August 1, with the first payment expected around Raksha Bandhan. 

Cordeiro questioned the financial rationale behind the proposal when the organisation already has billions of dollars in reserves and carries no burden in the form of debt.

This ​marks the biggest capital ‌raise from the group since a short seller’s allegations roiled its shares in 2023

The initial years of SIP investing often require considerable patience. Even with disciplined monthly contributions, many investors feel disappointed as their portfolio appears to grow slowly due to market volatility and a relatively small investment base

IDBI Bank had approached SEBI in May seeking clarity on the regulatory treatment of its proposed divestment of unlisted equity investments through negotiated off-market transactions.

The Government said it has transferred more than ₹4.47 lakh crore directly into farmers’ bank accounts through 23 instalments under the scheme, which was launched in February 2019.

The raised camera module carries over, though fresh colour options like dark cherry red, light blue and a darker grey are rumoured to join the palette.

RBI data showed industrial credit growth surged to 19.2% in June, led by manufacturing, MSMEs and infrastructure, while overall non-food bank credit rose 18.3%.

Jamshedpur FC was one of two clubs, along with Inter Kashi, that had reportedly not paid the first instalment of the Rs 55 lakh participation fee by the original July 20 deadline.

The government approved the Rs 1.27 lakh-crore Semicon 2.0 programme to accelerate domestic semiconductor design and manufacturing capabilities.

IndiGo said the ongoing geopolitical tensions have significantly affected international flight operations, with airspace constraints reducing route efficiency and increasing operating costs.

The payment comes a day after the market regulator gave its in-principle approval to the revised settlement proposal submitted by the exchange.

The Delhi-headquartered refiner posted a net loss of ₹2,661 crore in the June-end quarter.

The 23-year-old, competing in his maiden Commonwealth Games, claimed the biggest title of his career with a composed and tactically astute performance against the Australian Olympian, who was widely regarded as the favourite for the gold.

The partnership aims to demonstrate and pilot technologies tailored for central and state governments, public sector organisations and regulated industries, according to a company statement.

The 8th pay commission has announced its official three-day state visit to the union territory of Chandigarh in September. It will hold meetings with employee unions and stakeholders from Chandigarh, Haryana, Himachal Pradesh and Punjab.

The company posted a consolidated bottom-line of Rs 2,003 crore, compared to Rs 1,722 crore in the preceding quarter.

Indian Oil Corporation reported losses for the June quarter that were lower than analysts expected. This was largely due to efficiency improvements and higher margins from refining. The company celebrated record highs in crude throughput and a drop in fuel losses, with petrol and diesel sales reaching impressive quarterly figures. Moreover, IOC successfully secured crude oil from multiple global sources, mitigating any supply disruptions.

The triumph capped an impressive campaign for the young judoka, who showed remarkable resilience to recover from an early deficit and outfight her Canadian opponent in a gripping final.

Track Q1 FY27 earnings live as Maruti Suzuki, ITC, Dixon Technologies, Sun Pharma, Bajaj Finserv, IOCL and 100+ firms announce June quarter results, guidance and key updates.

Stellantis has recalled more than 1.5 million Ram 1500 pickup trucks worldwide after identifying a seat belt anchor defect. Owners will receive free inspections and repairs.

Space-Eyes, a leader in defense technology, has announced its merger with McKinley Acquisition Corp. In a move to enhance strategic oversight, Eric Trump will join as a strategic adviser. The new entity will focus on AI-enhanced counter-drone technology and geospatial intelligence, aiming to elevate global operations and government partnerships. This significant merger values the enterprise at a whopping six hundred thirty-eight million dollars.

Many cryptocurrency investors still spend hours manually reconciling transactions across various exchanges.

Sebi has announced an extension for regulated entities to complete their digital accessibility audits, moving the deadline to October 31, 2026. This extension replaces the previous date of April 30, and provides additional time for remediation until July 31. The decision comes in response to industry calls for more time to ensure compliance with laws supporting individuals with disabilities, promoting inclusivity in financial services.

The transformation is expected to enable faster innovation, improve operational efficiency and support the responsible scaling of artificial intelligence across the banking group.

Kalahridhaan Trendz has been penalized by Sebi with a fine of Rs 1 crore for hiding a loan default and giving deceptive corporate announcements about export orders. The involved directors, Niranjan D Agarwal and Aditya N Agarwal, faced market bans, and Sunitadevi Niranjan Agarwal received a one-year exclusion from securities markets. Additionally, the NSE has been instructed to consider measures, including potential delisting.

The report showed July property registrations climbed to their highest level since at least 2013, alongside a rise in stamp duty collections.

The e-commerce giant has partnered with Netflix to offer the streaming benefit as part of its loyalty programme, allowing users to enjoy Netflix without paying separately for a subscription or recharge.

The sharp decline on profit came on the government’s decision to increase excise duty and other taxes on cigarettes. Since this business contributes a major share of the company’s profit, the higher levies weighed on the margins.

As the month draws to a close, several high-stakes developments kept the week buzzing for the economy and domestic market.

Shares of Amazon.com Inc. soared 14% to $269.46 few minutes after the opening bell

Kay Jay Forgings and Polite Powertech have secured Sebi approval to launch their IPOs. Kay Jay plans to raise Rs 300 crore through a fresh issue along with a Rs 60 crore offer for sale, while Polite Powertech aims to fund working capital and business expansion through its public issue.

Retail order volumes jumped 9.08 times to 27.71 lakh orders from 3.05 lakh a year earlier, while the number of active retail traders rose 5.14 times to 24,309 from 4,722.

Users reported being unable to access Form 26AS and TDS details for hours on the last day of ITR filing, prompting calls for an extension of the deadline.

On Day 2, Spider-Man: Brand New Day collected Rs 28.03 crore from 12,716 shows so far, taking its two-day India net total to Rs 88.63 crore.

Glenmark Pharmaceuticals reported a consolidated net profit of Rs 483 crore, compared with Rs 47 crore in the corresponding quarter last year.

Addressing a CSR programme, Minister says the two-acre campus is expected to be ready for the next academic year and will impart industry-oriented technical skills to local youth

The Commonwealth Games enter their penultimate day with India chasing medals across athletics, boxing, para athletics, judo, lawn bowls and track cycling after another busy day of competition in Glasgow.

Maruti Suzuki reported an 11% year-on-year decline in Q1 consolidated net profit to Rs 3,352 crore, missing estimates as higher input costs linked to the West Asia crisis squeezed margins. Revenue and sales volumes grew strongly, while the company approved Rs 561 crore for four compressed biogas projects.

The index provider noted that India has removed withholding tax and capital gains tax for eligible foreign investors in government bonds, describing the move as a significant enhancement to the post-trade framework.

The IMD said the average rainfall over India during August 2026 is most likely to remain below 94% of the long period average.

Nine BSE 100 stocks, led by Bajaj Finance and TVS Motor, hit fresh 52-week highs on Friday, gaining up to 24% in a month amid improving market sentiment and strong buying interest.

Khadakwasla Dam is 100% full while four other Pune reservoirs remain above 93%. IMD has issued red and orange rain alerts for Pune and nearby districts.

MV Electrosystems leads the IPO GMP chart, while Juniper Green and Manipal Health show muted premiums. Compare GMPs, subscriptions and key dates.

DA hike: Central government employees and retired pensioners are expecting a second increase in dearness allowance this year, sometime in the second half as a “Diwali gift” during the festive season.

The largest hidden cost is presenteeism—where employees show up to work but cannot perform at their full capacity. This phenomenon accounts for ₹51,000 crore of the total annual cost to employers.

Maharashtra FDA Commissioner Tukaram Mundhe says licence suspensions are reserved for unsafe food cases, while improvement notices are issued for less serious violations, rejecting allegations of arbitrary enforcement.

The Board on Friday (July 31, 2026) also approved 4 Compressed Biogas (CBG) projects in the first phase with a budget of ₹561 crore

The latest complaint marks a fresh setback for the officer as employees under him push back publicly against his working methods.

ABB India reported a 3% year-on-year rise in net profit to Rs 362 crore from Rs 352 crore for the second quarter of calendar year 2026.

The documents demonstrate the widespread application of a method called "model distillation," which uses the outputs of a strong AI system to train smaller, more specialised models

Michael Price’s investing philosophy highlights the value of disciplined research in identifying opportunities. As investors chase better returns, detailed analysis of company fundamentals, valuations and growth prospects becomes crucial. The quote underscores that patience, rigorous evaluation and a long-term perspective often help uncover outperforming stocks across market cycles.

Bloomberg Index Services has deferred a decision on including Indian government bonds in its Global Aggregate Index, saying recent market reforms need more time to prove their effectiveness for foreign investors. While acknowledging progress in trading access and tax changes, it wants smoother implementation before granting index inclusion.

Track Q1 FY27 earnings live as Maruti Suzuki, ITC, Dixon Technologies, Sun Pharma, Bajaj Finserv, IOCL and 100+ firms announce June quarter results, guidance and key updates.

Expressed in dollar terms, the foreign currency assets include effects of appreciation or depreciation of non-US units, such as the euro, pound, and yen, held in foreign exchange reserves.

Aditya Birla Capital has announced an impressive forty percent increase in profits for the first quarter. The company’s consolidated total income reflects a substantial rise when compared to the same time last year. Additionally, there have been significant advancements in their lending portfolio, assets under management, and life and health insurance premiums, all showcasing notable year-on-year growth. To fuel its future growth ambitions, the firm successfully raised significant equity capital.

Citi certainly thinks so

The drop in profit came despite a 36% year-on-year increase in revenue from operations to Rs 52,456 crore during the reporting period.

Maruti Suzuki reported an 11% year-on-year decline in Q1 standalone net profit to Rs 3,352 crore despite a 36% rise in revenue, as higher material costs weighed on earnings. Strong growth in SUV sales, exports and market share lifted volumes, while the board approved Rs 561 crore for biogas projects.

Higher global crude oil prices and a stronger greenback capped sharper gains in the local unit, while elevated tensions in West Asia kept markets on edge said, forex traders

30-share BSE Sensex climbed 0.21%, to settle at 78,094.64; The 50-share NSE Nifty gained 0.27%, to end at 24,383.60

Having a clear understanding of co-payments and deductibles in health insurance can help policyholders estimate out-of-pocket costs, compare plans, and avoid claim surprises. This guide explains how both clauses work, their impact on premiums, and how to choose the right policy.

Bitcoin traded near $64,000 on Friday, holding largely steady over the past 24 hours as softer US inflation data offset concerns over the Federal Reserve’s hawkish stance. Ethereum slipped 0.93%, while Bitcoin eased 0.10%. Among major altcoins, XRP, Solana and Dogecoin edged lower, whereas BNB, Tron, Hyperliquid and Cardano gained up to 3.22%.

Key growth factors include products such as MCUs for power tools and light commercial vehicles, the after-exhaust control module (ACM) for medium and heavy commercial vehicles and electronic fuel injection for gensets, as per the brokerage’s view.

The company’s total expenses surged 66.5% YoY to Rs 640 crore, while total income increased 42% YoY to Rs 566 crore during the first quarter of the ongoing financial year 2027.

Japan’s Nikkei index surged 4% to 64,362.02 on Friday, boosted by global AI optimism following strong Microsoft earnings. Advantest jumped 16% and SoftBank soared 14%, while Panasonic surged 19.5% on a higher profit outlook. Automakers lagged as a stronger yen weighed on export earnings following central bank intervention.

Cube Highways Trust InvIT listed at a 2% premium on Friday at Rs 155 per unit following strong investor demand for its Rs 5,000-crore public issue. The Trust, which owns 27 operational road assets in India, reported a 42.3% YoY rise in FY26 net profit to Rs 1,422.89 crore.

European shares hit a record high on Friday as a rally in technology stocks, easing crude oil prices and upbeat corporate earnings lifted investor sentiment, helping the STOXX 600 extend its winning streak despite recent central bank decisions and geopolitical tensions.

Sun Pharma Q1 Results: Sun Pharma reported a 27% YoY rise in Q1 net profit to Rs 2,895 crore, while revenue grew 10% to Rs 15,300 crore, driven by strong performance in India and its innovative medicines business despite weak US formulations sales. EBITDA rose 3% to Rs 4,418 crore. The company highlighted semaglutide approvals and said the Organon acquisition remains on track for early 2027.

Four years on, Threadneedle Street finally agrees with the market

Euro zone and US bond yields recorded their largest monthly increase since March as Middle East conflict concerns renewed inflation fears. Traders pushed back interest rate cut expectations, with Germany’s 10-year yield rising 28 basis points in July and US 10-year Treasury yields advancing 22.5 basis points despite a Friday dip.

Juniper Green Energy’s Rs 1,800 crore IPO received a muted response on the second day of bidding. The IPO’s grey market premium has also declined to around 2.67% from nearly 8% earlier, signalling expectations of limited listing gains.

Banks charge debit card maintenance fee, ATM charges, and account maintenance charges

Cathie Wood’s Ark Invest bought nearly 78,965 shares of Nvidia across its five largest ETFs, worth around $15.5 million, after the AI chipmaker’s recent decline. The purchase reflects renewed confidence in Nvidia’s long-term AI growth prospects, despite the stock falling over 6% in the past five sessions and about 17% from its mid-May peak.

Sony Group reported a 32% year-on-year rise in first-quarter profit, driven by strong performances in its music, gaming and imaging businesses. However, the company warned it is still assessing the financial impact of the Kumamoto earthquake, which disrupted production at one semiconductor facility.

South Korea’s Kospi jumped 18% on Friday as US tech earnings triggered a 28% surge in Samsung and SK Hynix. The sharp rebound follows a 40% crash driven by single-stock leveraged ETFs, drawing retail protests. Nomura targets 10,000-11,000 for Kospi, while Citi downgraded the market to neutral over volatility.

MTAR Technologies shares hit the 5% upper circuit for the second straight session after the company reported a strong Q1 performance, with net profit rising 364.5% year-on-year and revenue more than doubling. The aerospace and precision engineering company also raised growth visibility with an 80% FY27 revenue growth guidance, a Rs 504 crore nuclear order win and an expanded customer order worth around Rs 3,100 crore.

Bajaj Finance shares jumped 5% after the NBFC reported a strong Q1 FY27 performance, with standalone net profit rising 28% YoY to Rs 6,081 crore and net interest income growing 23% to Rs 12,571 crore. Robust earnings prompted several brokerages to raise their target prices.

India’s largest stocks are witnessing a major ownership shift as domestic institutions fill the gap left by foreign investors. FIIs cut stakes in 36 Nifty 50 companies, while DIIs raised holdings in 41, taking their index ownership to a record 25.9%. Max Healthcare saw the sharpest change, with FII holdings falling 13 percentage points and DII stake rising 12.5 points.

As the 31 July ITR filing deadline approaches, taxpayers should review their returns to avoid errors that may lead to a defective return notice from the income tax department. Here are 5 mistakes can trigger a defective return notice. 

Realty firm M3M India will invest Rs 600 crore for a new commercial project. This project, named M3M Capital Financial Center, will span 1.42 acres. It will feature premium office spaces, multiplex units, and retail units for sale. The Gurugram-based company expects project completion by the year 2029. M3M Group plans further expansion through land acquisition and construction investments.

The Japanese yen recorded its strongest one-day gain against the U.S. dollar in nearly two years after suspected intervention by Japanese authorities. The move adds to a long history of currency market interventions, from the Plaza Accord to recent efforts to curb excessive yen volatility.

Bajaj Finance shares surged over 7% to a record high after the NBFC reported strong June-quarter earnings, led by robust loan growth, improving asset quality and healthy AUM expansion. Most brokerages reiterated bullish views and raised target prices, citing sustained earnings momentum.

Apple reported record June-quarter revenue and earnings, beating Wall Street estimates on strong iPhone and Mac sales. However, the stock fell in after-hours trading as investors focused on softer-than-expected revenue guidance, supply constraints and mixed performance in services and China.

Amazon exceeded second-quarter expectations as strong AWS growth, expanding AI businesses and rising cloud demand boosted profits, reinforcing investor confidence that aggressive AI investments are driving long-term growth and profitability.

The settlement removes the biggest legal overhang ‌facing the exchange as it prepares for an IPO later this year

Chinese technology stocks rallied sharply on Friday, mirroring global markets. Investors regained confidence as the artificial intelligence sell-off appeared to ease. Policy support for innovation boosted sentiment, though major indexes faced steep monthly declines. Factory activity unexpectedly slipped into contraction, reflecting weaker domestic demand. Trade discussions continued as leaders prepare for a potential September meeting.

The 8th Pay Commission has stepped up stakeholder consultations with meetings across India. Here are the five latest official updates, and what they mean for over 1.1 crore central government employees and pensioners.

Banks charge debit card maintenance fee, ATM charges and account maintenance charges

Data Patterns India shares declined after the defence electronics company reported a 14% YoY drop in Q1 FY27 net profit to Rs 22 crore. Despite the profit decline, revenue from operations rose 17% YoY to Rs 116 crore. Operational EBITDA remained largely stable at Rs 31 crore compared with Rs 32 crore in the year-ago quarter.

Driving Apple’s results was a 21.7% increase in iPhone sales to $54.25 billion, above analysts’ estimates of $53.86 ‌billion, according to LSEG data

Thermax shares dropped significantly after reporting an 86% profit decline. Revenue rose 7% year-on-year, but earnings before interest, taxes, depreciation, and amortization fell. Order inflow increased 2%, and the total order book grew. The company cited higher input costs and weaker export sales impacting performance. Geopolitical issues and currency fluctuations also contributed to cost pressures.

Redington shares gained nearly 4% after a 15% surge in the previous session, following a strong Q1FY27 performance. The technology solutions provider reported a 77% YoY rise in net profit to Rs 486 crore, aided by record revenue and operating leverage. The stock also touched a fresh 52-week high of Rs 338.50 after the earnings announcement.

A stronger dollar capped sharper gains in the local unit said forex traders

Indo-MIM shares extended their post-listing rally on Friday, rising nearly 5% to Rs 776.90 and climbing over 60% above the Rs 485 IPO price in two sessions. Analysts at Swastika Investmart recommend partial profit booking while advising long-term holders to maintain a stop-loss in the Rs 595-600 range.

Amazon has made investments and signed partnerships worth billions with both OpenAI and Anthropic

Profit-taking in IT stock restricted markets rally during the initial trading

Indian IT stocks declined after renewed optimism around global AI and cloud spending after strong earnings from tech giants. Meanwhile, global AI sentiment improved after Microsoft and Amazon reported strong cloud growth, while South Korean chipmakers Samsung and SK Hynix rallied sharply on robust results.

Hyundai Motor India shares rallied nearly 7% despite reporting a 35% year-on-year decline in June-quarter profit, as the results broadly met analyst expectations. Brokerages remained constructive on the stock, citing production normalisation, new launches, export recovery and long-term growth prospects.

Vedanta Aluminium Metal reported a threefold jump in Q1 FY27 net profit to Rs 5,629 crore, accompanied by an Rs 8 interim dividend. Global brokerages including Citi, CLSA, Nuvama, and Emkay remain bullish, projecting up to 20% upside driven by cost discipline, capacity expansions, and captive mine operations.

The Bank of England kept its benchmark interest rate unchanged at 3.75% and outlined three economic scenarios for the UK, with its central forecast projecting inflation to fall below the 2% target over the medium term as economic growth gradually strengthens.

Japan posted a 5.06 trillion yen ($31 billion) surplus in its special foreign exchange reserves account in FY2025, the second-highest on record, as a weaker yen boosted returns on overseas assets, particularly U.S. Treasuries.

The Bank of Japan maintained its key interest rate at 1% on Friday. This decision followed government intervention to support the weakening Japanese yen. The central bank signaled potential future rate increases if inflation risks intensify. Its economic growth forecast for fiscal 2026 was upgraded in a quarterly report. Underlying inflation may exceed the 2% target, suggesting further tightening is possible.

Gold and silver prices today, 31 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.

Mahindra & Mahindra shares climbed up to 3% after the automaker reported a 7% year-on-year rise in standalone net profit to Rs 3,685 crore for the June quarter. Revenue from operations surged 23% to Rs 41,920 crore, driven by robust demand. The strong quarterly performance lifted investor sentiment, pushing the stock to an intraday high of Rs 3,365.

The Indian stock market extended gains on Friday as the Sensex rose 50 points and Nifty crossed 24,350 amid positive global cues. Bajaj Finance and M&M led gainers, while Nifty IT dragged. Strong FII inflows and stable earnings continue supporting market resilience, with technical charts signalling further upside towards 24,500.

The Indian stock market extended gains on Friday as the Sensex rose 50 points and Nifty crossed 24,350 amid positive global cues. Bajaj Finance and M&M led gainers, while Nifty IT dragged. Strong FII inflows and stable earnings continue supporting market resilience, with technical charts signalling further upside towards 24,500.

On July 30, Schneider Electric Infrastructure, Sumitomo Chemical India, and Meesho closed more than 1.5% above their VWAP, signalling strong buying interest and potential bullish momentum, according to StockEdge technical scan data.

The Bank of Japan maintained its interest rates at one percent on Friday. This decision came after a two-day meeting concluded by the central bank. One board member voted for a higher rate, seeking a 1.25 percent increase. Governor Kazuo Ueda will explain the policy decision at a news conference. The bank stressed its readiness to raise borrowing costs to manage inflation.

The Rs 290-crore MV Electrosystems IPO entered Day 2 with a GMP suggesting 30% listing gains. Subscribed 3.64 times on Day 1 with strong retail interest, the issue faces concerns over FY26 net losses and revenue decline, prompting Swastika Investmart to assign an Avoid rating despite grey market optimism.

Silverstorm Parks & Resorts shares debut on the BSE SME platform this Friday. Grey market trends suggest the listing will be above the issue price. The company raised Rs 82.43 crore through its recent IPO. Funds will support business expansion and infrastructure development projects. Strong financial performance in FY2025-26 precedes this market entry.

ICRA Ltd reported a 32 percent net profit increase for the first quarter. Revenue from operations also saw a significant 31.2 percent year-on-year rise. Healthy growth in ratings and sustained momentum in risk and analytics supported performance. Demand in industries and NBFC segments drove ratings revenue growth. Risk and analytics benefited from robust demand for technology-led solutions.

Nifty 50 companies now contribute only 51% of aggregate profits, down from 87%. Earnings growth has accelerated across the broader Indian corporate universe and mid-sized firms. This shift signals a broadening wealth creation engine beyond just the largest companies. Financials have become the largest profit contributor, overtaking Energy sectors. Investors should consider portfolios beyond just mega-cap stocks for growth.

The Rs 1,800-crore Juniper Green Energy IPO entered Day 2 of bidding with a grey market premium of 3.56%. Subscribed 36% on Day 1, the issue features strong QIB interest but rich valuations of over 270x FY26 earnings. Analysts suggest a neutral stance, advising it primarily for long-term investors.

ITR filing deadline extension LIVE: The ITR filing due date is today for eligible taxpayers. Some are also hoping for an extension like last year, but experts caution that a similar relief is unlikely.

ITR filing deadline extension LIVE: The ITR filing due date is today for eligible taxpayers. Some are also hoping for an extension like last year, but experts caution that a similar relief is unlikely.

ITR filing deadline extension LIVE: The ITR filing due date is today for eligible taxpayers. Some are also hoping for an extension like last year, but experts caution that a similar relief is unlikely.

ITR filing deadline extension LIVE: The ITR filing due date is today for eligible taxpayers. Some are also hoping for an extension like last year, but experts caution that a similar relief is unlikely.

ITR filing deadline extension LIVE: The ITR filing due date is today for eligible taxpayers. Some are also hoping for an extension like last year, but experts caution that a similar relief is unlikely.

ITR filing deadline extension LIVE: The ITR filing due date is today for eligible taxpayers. Some are also hoping for an extension like last year, but experts caution that a similar relief is unlikely.

ITR filing deadline extension LIVE: The ITR filing due date is today for eligible taxpayers. Some are also hoping for an extension like last year, but experts caution that a similar relief is unlikely.

Sankaran Naren, CIO of ICICI Prudential Asset Management, remains bullish on banks, power utilities, oil refiners and pharmaceuticals, citing attractive valuations and improving earnings despite global uncertainties. He cautioned that a sharp rise in crude oil prices could weigh on market valuations even as corporate profits recover.

Sankaran Naren, CIO of ICICI Prudential Asset Management, remains bullish on banks, power utilities, oil refiners and pharmaceuticals, citing attractive valuations and improving earnings despite global uncertainties. He cautioned that a sharp rise in crude oil prices could weigh on market valuations even as corporate profits recover.

Four stocks in the Nifty500 pack that gained over 2% featured in the RSI Trending Up scan on July 30 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.

Saudi Arabia is seeking to spearhead a coalition to enhance defense cooperation in the Bab El-Mandeb Strait, the Red Sea and the Gulf of Aden. The Saudi defense ministry said 14 countries, including Turkey, Pakistan, Egypt, Sudan and Djibouti, had issued a joint statement backing the proposed maritime security alliance.

By the end of Day 2, the IPO had received 45% overall subscription against the 9 crore shares on offer. The retail investor quota was also subscribed 45%, with bids placed for 1.64 crore shares reserved for the segment.

The KOSPI was up 17% at 6,549 points after tumbling nearly 17% over the previous three sessions, marking one of its steepest weekly declines, as fears of mounting competition from Chinese memory chipmakers triggered heavy selling across semiconductor stocks.

Some fuel exports will still take place under intergovernmental agreements and in the form of humanitarian aid, the statement said

At current levels, largecap category remains more attractive on relative valuations, in my view. The broader market indices (both midcap 150 and small cap 250) have seen a positive rally CYTD, and the headline indices are trading at a premium vs their long-term history, but the premium has significantly moderated from the highs of September 2024 levels. In the current environment, a bottom-up stock selection approach across the market cap curve is likely to be rewarded well, with quality blue chips offering a more favourable combination of earnings visibility, governance, and relative valuation comfort.

OnePlus will launch the N6x in India on July 31 with a 7,000mAh battery, 120Hz display, Nord 5-inspired design and expected Rs 19,999-Rs 20,999 pricing. The budget 5G phone is expected to go on sale from August 4.

The fee is understood to be tied to the Optional Practical Training (OPT) scheme, which currently permits eligible international graduates to remain and work in the US for up to three years after finishing their degrees.

As the July 31 income tax return deadline approaches, over 5 crore ITRs have been filed till Thursday. Late filers may face penalties and miss out on benefits like carrying forward losses. Check all consequences here.

While large-cap stocks have lagged their mid- and small-cap peers in recent months, valuation comfort is gradually returning, making asset allocation more important than ever.

Despite the evacuation order, repair work was allegedly underway on the ground floor when a portion of the building collapsed.

Shares of Coforge, ICICI Bank, Sai Silks, and others will trade ex-dividend on August 3, marking the last day for retail investors to buy shares to qualify for upcoming dividend payments.

We have collated a list of recommendations from top brokerage firms from ETNow and other sources.

Mahindra & Mahindra reported a 6.8% YoY rise in standalone net profit to Rs 3,685 crore, ahead of Bloomberg estimates of Rs 3,569 crore. Revenue increased 23% to Rs 41,920 crore, also marginally surpassing Street expectations.

Market experts recommend buying Bharti Airtel, Zee Entertainment, Hindalco Industries, Havells India, and Ather Energy based on technical analysis with specified stop-loss and target prices.

The Series C funding, co-led earlier this month by Eclipse and G2 Venture Partners, will allow Antora to build a second factory to produce its modular batteries for pairing with renewables or grid power.

Gold prices remained firm on July 31, with 24K gold at Rs 1,44,950 per 10 grams and 22K gold at Rs 1,32,871. Check the latest city-wise gold and silver rates across India

Amazon boosted its forecast for full-year cpex to $220 billion on Thursday, up from a previous estimate of $200 billion. And Chief Executive Officer Andy Jassy said most of that spending will go toward artificial intelligence.

Top picks for Friday, July 31 include Bharti Airtel, Ather Energy, Zee Entertainment Enterprises, Havells India and Hindalco.

(It’s not actually magic)

A Rs 30,000 monthly SIP earning an assumed 12% annual return can accumulate the first Rs 50 lakh in around 8 years 3 months.

The Income Tax Department, in a recent X post, reminded taxpayers that 31 July is the last date to file ITR-1 and ITR-2 for AY 2026-27. Complete filing and e-verification today to avoid late fees, interest and compliance issues. 

Brent crude traded above $89 a barrel, while West Texas Intermediate (WTI) hovered near $84 a barrel. The global benchmark has gained more than 23% in July, capping a month marked by sharp volatility.

Bajaj Finance reported a 28% year-on-year net profit increase for the June quarter. Assets under management climbed 24% to ₹5.47 lakh crore as of June-end. The company added 5.1 million new customers during the quarter. Net interest income rose 23% and net total income increased 22%. Bajaj Finance expects to disburse 60-62 million new loans in FY27.

The Securities and Exchange Board of India has introduced a new green channel mechanism. This new framework, called GARUDA, aims to speed up the launch of Alternative Investment Fund schemes. Regular AIF schemes can now be launched ten days after filing their placement memorandum. Accredited investor only funds and large value funds have been granted further flexibility. These changes will allow for quicker introduction of new AIF plans.

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

Batman: Caped Crusader Season 2 will premiere exclusively on Prime Video from 12:30 p.m. Indian Standard Time on Friday.

Maruti Suzuki India is expected to report profit at Rs 3,249.9 crore, while ITC is expected to report revenue at Rs 20,833.75 crore.

Juniper Green Energy plans a ₹1,800 crore IPO to reduce its debt burden. The company is aggressively expanding its renewable energy capacity to meet demand. Most of its power generation is secured through long-term purchase agreements. However, high leverage and execution risks are key concerns for investors. The issue is suitable for long-term investors with a higher risk appetite.

Indian markets traded in a narrow range, settling marginally higher with mixed cues. Maruti Suzuki, ITC, and Vedanta shares are in focus due to various news developments. Sun Pharma and Bajaj Finserv will announce their first quarter results today. Tata Steel reported a fifteen percent rise in its net profit for the June quarter. Reliance Industries ramped up diesel exports to Europe and Brazil in July.

South Korea and Taiwan market caps declined significantly after initial gains. This fall was driven by concerns over artificial intelligence capital expenditure sustainability. Taiwan slipped to seventh and South Korea to tenth in global stock market rankings. Indian equities showed resilience, with the Sensex posting a modest gain. India now holds the sixth spot with a market capitalization of $5.1 trillion.

Bloom Energy Corp., Sandisk Corp. and CoreWeave Inc. each soared more than 20% after falling sharply earlier in the month.