If fully subscribed, the sale of over 82.22 crore shares or a 6.5% stake at the given floor price will fetch about ₹31,000 crore to the disinvestment kitty

Shiv had positive words for Yash, who plays Raavan, and Sai Pallavi, who portrays Sita, saying both actors appear naturally suited to their roles.

Japan and the United States intervened jointly to support the Japanese yen currency. This rare action aimed to prevent further declines and global economic spillovers. Central bank data suggests Japan spent billions of dollars during the intervention. Officials vowed to take further coordinated action if needed to stabilize the yen. The intervention follows recent solo actions by Japan to prop up its currency.

India has achieved near-universal banking coverage, with 99.92% of inhabited villages having access to a banking outlet within 5 km. As of July 17, 2026, banking access covered 6,00,868 of 6,01,328 inhabited villages.

Maharashtra leaders, including Devendra Fadnavis, Eknath Shinde and Nitin Gadkari, remembered the Vicco director for his contribution to Ayurveda and Indian industry.

A 21-year-old Gurgaon resident shared a detailed breakdown of her Rs 43,096 monthly expenses, sparking a discussion on the cost of living independently.

Rashmika Mandanna shared a health update after suffering a hip injury during the Mysaa shoot, assuring fans she is recovering well.

The Union Ministry of Finance has made moves to enable merchant discount rates on UPI and proposed scrapping the zero MDR provision. We take a look at what this decision could mean for UPI customers.

REITs and REIT mutual funds offer investors exposure to the real estate sector but differ in structure, taxation, and returns. While REITs focus on rental income from properties, REIT funds combine REIT exposure with real estate equities. 

Market experts shared their insights on fundamentals and technical levels for key stocks SBI, ITC, DLF, Varun Beverages, Trent and Nykaa.

Q1 Results Live Updates: Track Q1 FY27 earnings live as IREDA, Torrent Power, DLF, UPL, Ather Energy, CAMS, Jindal Stainless and 80+ firms announce June quarter results, guidance and key updates.

The breakout is particularly significant as the Nifty has moved above a nearly four-month consolidation range of around 1,532 points on the daily chart, suggesting the potential for further gains.

Food safety regulator orders immediate halt to sales of products carrying unverifiable "100%" claims, seeks action taken report within 15 days.

Essar cited independent analysis showing Stanlow supports around 5,000 jobs across direct, indirect and induced employment, with a U.K. supply chain spend of GBP 426 million.

The drop comes after the RBI required bank guarantees to be fully backed by collateral, with at least half in cash.

Apple had feared that, ‌unlike in China, tax laws in India could treat ownership of machinery supplied to its contract manufacturers as so-called “business connection”, exposing its iPhone profits to tax

Ranvir Shorey thanked Anupam Kher after the Khosla Ka Ghosla 2 promotional reel crossed 100 million views on social media.

The extension follows representations from industry participants and PaRRVA seeking more time for enrolment, the SEBI said.

Market sentiment was further supported by a rebound in FII inflows and a strengthening rupee, although elevated U.S. bond yields remain a key risk to the sustainability of foreign flows into emerging markets

If a similar mutual fund with a proven track record already exists in the market, experts say investors should prefer an established scheme unless the NFO offers a genuinely differentiated strategy that complements their portfolio and investment goals.

The HSBC India Manufacturing Purchasing Managers’ Index (PMI) is a gauge of overall conditions derived from measures of new orders, output, employment, supplier delivery times and stocks of purchases.

Indian banks attracted $36.7 billion in foreign currency inflows after RBI measures encouraged NRI deposits. HSBC led with $6.14 billion, followed by SBI at $4.12 billion and ICICI Bank at $3.7 billion.

A Deutsche Bank report compares iPhone 17 Pro prices across 41 countries, with Türkiye emerging as the costliest market and Japan the cheapest.

US President Donald Trump claimed Tehran privately sought talks while publicly denying negotiations, and asserted the US Navy has complete control over the Strait of Hormuz amid the ongoing nuclear standoff.

Paintmaker cites healthy demand despite geopolitical disruptions; expects festive season to support growth.

Shashank Singh has secured a No Objection Certificate (NOC) from the CSCS and will turn out for Puducherry in the upcoming domestic season.

Khatron Ke Khiladi maker Deepak Dhar addresses safety concerns after Gaurav Khanna’s stunt injury video goes viral.

Power trading has grown 24% to 20.64 BU in July 2026

The government offered to disinvest 2.5% equity in LIC with an additional 4% as a green shoe option.

AMD, SK Hynix, Intel, Micron and Broadcom slumped over 5% on Monday.

The government will launch LIC’s offer for sale for non-retail investors on Tuesday and retail investors on Wednesday. It plans to divest up to 6.5% through a base 2.5% offer and green shoe option, advancing minimum public shareholding compliance.

The government will launch LIC’s offer for sale for non-retail investors on Tuesday and retail investors on Wednesday. It plans to divest up to 6.5% through a base 2.5% offer and green shoe option, advancing minimum public shareholding compliance.

Gulf Oil Lubricants reported higher revenue and EBITDA in the June quarter while maintaining stable margins and announced Sept. 4 as the FY26 final dividend record date.

Amazon crossed a $3 trillion market valuation after strong earnings and robust cloud growth reinforced confidence in its AI investments. Shares hit a record high, while investors rewarded the company for demonstrating improving returns from heavy AI infrastructure spending.

The 30-year-old teacher, a mother of two, was declared dead after being taken to Al-Falah Medical College and Hospital.

SAMHI Hotels reported a 5.8% rise in Q1FY27 net profit to Rs 18.3 crore, while revenue increased 12.1% to Rs 305 crore. The company also plans to raise Rs 750 crore through equity and debt to fund expansion.

Franklin Templeton has launched the Franklin India Short Term Fund, an open-ended debt scheme investing in high-quality bonds and government securities. The NFO opens on August 5 and closes on August 11, targeting investors with a one-to-three-year horizon.

According to early trade estimates, Spider-Man: Brand New Day witnessed a drop in collections compared to its opening weekend, but it continued to attract audiences in both English and dubbed versions.

Total income increased 15% year-on-year to Rs 2,251 crore from Rs 1,960 crore in the year-ago quarter.

Only two value funds have negative alpha, indicating they lag their benchmark indices, while Quant Value Fund and DSP Value Fund record the highest positive alpha. The contrast in alpha was also reflected in return performance, with the positive-alpha funds delivering better returns. 

Since the peak of the West Asia conflict late March, the government has undertaken fortnightly reviews of export duty.

AstraZeneca investors questioned the benefits of a potential Bristol Myers Squibb merger despite expected gains in the US market and cost synergies.

Export levies increased across key petroleum products, while excise duty on fuels sold in the domestic market remains unchanged.

MakeMyTrip reported a 19.9% year-on-year rise in Q1 gross bookings to $2.85 billion, while revenue and adjusted operating profit increased despite travel disruptions. Strong growth across hotels, buses and AI-powered Myra 2.0 reinforced confidence in India’s long-term travel demand.

Sebi has granted a new extension for investment advisers and research analysts regarding their enrolment, now set for September 3, 2026. This delay allows participants more time to finalize their registrations, facilitating a more seamless rollout of the performance data framework. It’s essential for advisers and analysts to enroll to provide their past performance metrics.

Q1 Results Live Updates: Track Q1 FY27 earnings live as IREDA, Torrent Power, DLF, UPL, Ather Energy, CAMS, Jindal Stainless and 80+ firms announce June quarter results, guidance and key updates.

Three early Paytm investors plan to sell shares worth up to Rs 2,002 crore through a block deal at a nearly 5% discount. The secondary transaction will not raise funds for the company and includes a 60-day post-sale lock-up for sellers.

MV Electrosystems IPO GMP signals over 21% listing gain as the issue gets subscribed over 185x times on the final day of bidding. Check GMP, dates and details.

Finance Ministry has approved an increase in EPF wage ceiling to ₹25,000 monthly from current ₹15,000, as per a Moneycontrol report. If approved this would expand coverage to more salaried workers.

The final market closing numbers were purely driven by market forces and reflected the actual demand-supply gap in the system, the sources said.

Wall Street advances as Donald Trump says planned Iran strikes were scrapped, dragging oil prices sharply lower and lifting investor sentiment.

The US has made its visa bond programme permanent for applicants from 50 countries, requiring refundable bonds of up to $20,000 for B-1 and B-2 visas.

Strong operating leverage lifts earnings, with EBITDA surging 53% and margins improving.

Vijay’s Jana Nayagan continues its theatrical run, with the Tamil action drama crossing Rs 177 crore in India net collections.

F&O trading is treated as non-speculative business income and must be reported under business income in ITR. For AY 2026-27, taxpayers need to disclose F&O turnover and income in dedicated fields in ITR forms. They also need to comply with tax audit and carry-forward rules.

Major US stock indexes opened higher on Monday. De-escalating Middle East tensions helped drag down crude oil prices. Investors are now preparing for a busy week of earnings reports. The Dow Jones Industrial Average increased by 274 points at the open. The S&P 500 and Nasdaq Composite also saw gains.

Major US stock indexes opened higher on Monday. De-escalating Middle East tensions helped drag down crude oil prices. Investors are now preparing for a busy week of earnings reports. The Dow Jones Industrial Average increased by 274 points at the open. The S&P 500 and Nasdaq Composite also saw gains.

Upon returning to India, the person must compute capital gains from US shares in INR, using the exchange rate from the sale date. No concessions for rupee depreciation apply. Long-term gains are taxed at 12.5%, and disclosure of foreign assets is required for tax purposes.

The Bill, which has been circulated by the Government among the members of Parliament, is expected to be introduced by Finance Minister Nirmala Sitharaman in the Lok Sabha soon.

Sujatha Vijayakumar explains the Rs 40 lakh maintenance plea as Ravi Mohan shares a cryptic response.

AMC has applied for SEBI approval for the new investment product aimed at HNIs; its AUM crosses ₹50,000 crore after 208% growth in three years

King is slated to hit theatres during the Christmas weekend.

From Idhayam Murali and Vadhandhi: Season 2 to Lenin and Kattalan, check out the latest Malayalam, Telugu and Tamil movies and series streaming on OTT this week.

DLF Ltd has recorded a modest profit growth of four percent in the June quarter, though total income suffered a notable drop, affecting its financial outcomes. The increase in net profit stems from better performance in associate and joint ventures. However, a significant downturn in sales bookings occurred due to postponed housing project launches.

In an effort to stabilize the rupee, the Reserve Bank of India sold USD 14.9 billion. Banks are also re-engaging with defaulters to recover substantial written-off loans. The SWAMIH Fund has been effective in funding 147 projects, benefitting many home buyers. Interestingly, defaults on gold loans have plummeted for both banks and NBFCs. Moreover, Kisan Credit Card accounts now reflect over Rs 10 lakh crore in outstanding credit.

Petroleum MoS Suresh Gopi told parliament that India’s current storage capacity for crude oil and petroleum products can meet 74 days of its net crude import requirements.

The growing use of AI in the insurance sector is particularly significant as the industry continues to grapple with mis-selling — a longstanding challenge that the IRDAI sought to address

Vote counting began for assembly by-elections in Bankipur, Bihar, Manjalpur, Gujarat, and Datia, Madhya Pradesh, testing BJP and Congress electoral strength.

FII inflows and gains in domestic stock markets provided further support to the local unit, forex traders said.

Indian benchmark indices surged on Monday after easing crude oil prices, sparked by renewed US-Iran talks, boosted investor sentiment. The Sensex jumped 544 points and the Nifty climbed 1.6%, adding nearly Rs 5 lakh crore to BSE market capitalisation. TCS, IndiGo and Infosys led gains, while Sun Pharma and Apollo Hospitals lagged.

Bitcoin traded near $63,000 as easing oil prices reduced inflation concerns, but weak institutional inflows and subdued spot activity capped gains. Ethereum and major altcoins declined, while analysts cited cautious investor sentiment, tighter liquidity and continued market consolidation.

Vote counting began for assembly by-elections in Bankipur, Bihar, Manjalpur, Gujarat, and Datia, Madhya Pradesh, testing BJP and Congress electoral strength.

Revenue surged 67% in the June quarter as shipping and offshore businesses delivered strong earnings; board fixes Aug. 7 as dividend record date.

The company offers end-to-end development and manufacturing services to over 160 pharmaceutical firms across 50 countries.

Despite flexibility in their mandate, flexi-cap funds remain more biased towards large-cap stocks, with 61% allocation. On the other hand, multi-cap funds maintain a more balanced exposure across large, mid, and small-cap segments. 

Revenue rises 2.8%, while operating margin remains largely stable despite lower earnings.

Although payments for Annapurna Yojana are generally credited in a phased manner during the first week of the month, many bank accounts have yet to receive the funds

Although payments for Annapurna Bhandar are generally credited in a phased manner during the first week of the month, many bank accounts have yet to receive the funds

Oil prices and Treasury yields fell after Donald Trump said planned strikes on Iran were called off, lifting US equity futures even as semiconductor stocks remained under pressure in pre-market trading.

The Bombay High Court said immediate licence suspensions under the Food Safety and Standards Act can only be used when there is a genuine public health risk.

We can but guess, for now

Q1 Results Live Updates: Track Q1 FY27 earnings live as IREDA, Torrent Power, DLF, UPL, Ather Energy, CAMS, Jindal Stainless and 80+ firms announce June quarter results, guidance and key updates.

Softer Saudi LPG prices narrow cooking gas losses, but OMCs continue to carry sizeable under-recovery burden.

One of the key recommendations is the further decriminalisation of corporate law violations, with minor procedural lapses proposed to attract only civil penalties instead of criminal prosecution.

Delhi has approved 100% salary hike for DDMA personnel, including project officers, district project officers, and project coordinators. The first such in 16 years, since the positions were created in 2009. 

Revenue climbs 18% as higher operating profit and margin expansion help reduce quarterly losses.

Mohnish Pabrai says investing relies on judgment, patience and probability rather than certainty. He advises focusing on business fundamentals, managing risk and maintaining a margin of safety instead of chasing precise forecasts or short-term market movements for long-term wealth creation.

Nifty surged nearly 200 points in two minutes after India introduced the Closing Auction Session for F&O stocks. The new mechanism replaced the VWAP-based closing price with an auction-driven equilibrium price, altering index movements, trading timelines and intraday position management.

Nifty surged nearly 200 points in two minutes after India introduced the Closing Auction Session for F&O stocks. The new mechanism replaced the VWAP-based closing price with an auction-driven equilibrium price, altering index movements, trading timelines and intraday position management.

Finance Minister Nirmala Sitharaman is likely to move the Tax Amendment Bill, 2026 along with additional tax measures in Lok Sabha early this week.

Vote counting began for assembly by-elections in Bankipur, Bihar, Manjalpur, Gujarat, and Datia, Madhya Pradesh, testing BJP and Congress electoral strength.

A Delhi couple won ₹15.5 lakh in compensation after Axis Bank lost their original property papers and failed to return them after the closure of their ₹1.41 crore home loan. The Delhi State Consumer Disputes Redressal Commission ruled on the case.

Q1 Results Live Updates: Track Q1 FY27 earnings live as IREDA, Torrent Power, DLF, UPL, Ather Energy, CAMS, Jindal Stainless and 80+ firms announce June quarter results, guidance and key updates.

The Indian rupee finished slightly lower at the close on Monday, pulling back from an early surge. Demand for dollars from importers and state banks intensified, countering the fall in oil prices. Meanwhile, global equities gained ground ahead of the scheduled discussions between Washington and Tehran. The dollar index maintained its position, and most Asian currencies appreciated.

MV Electrosystems IPO GMP signals over 26% listing gain as the issue gets subscribed over 185x times on the final day of bidding. Check GMP, dates and details.

The TRAI, stated that anonymised data on call quality collected via the app, and shared with telecommunication companies.

Zepto has deferred its highly anticipated IPO after domestic investors proposed a 68% valuation cut, valuing the rapid-commerce firm at $2.3 billion against its earlier $7.2 billion unlisted valuation. Facing market skepticism over loss-making startups, the company will now raise capital privately before attempting a public listing.

Speaking about the issue, Mundhe recounted an account of a person whose husband, despite never consuming tobacco, alcohol or even tea, suffered a heart attack and was later diagnosed with cancer.

Naukri JobSpeak report shows hiring momentum shifting beyond metros as AI recruitment accelerates and new talent hubs emerge.

Strong EV demand lifts topline, while operating losses narrow sharply in the June quarter.

During the counting process, Patel established an early lead and steadily widened the gap over Rabari before being declared elected.

The most consequential agreement in a business family is rarely discussed. Long before succession becomes a boardroom decision, parents and children begin negotiating expectations that shape leadership, identity and the future of the enterprise.

Foreign institutional investors turned selective buyers in the June 2026 quarter, increasing stakes in 135 stocks. Several of these delivered 50–665% annual returns, including five multibaggers, signalling renewed institutional confidence.

Old Bridge Mutual Fund favors companies that have already put their heavy capital expenditure (capex) cycles behind them. Andrade pointed out chemicals, automotive, and pharmaceuticals as the primary beneficiaries of this cycle.

The combined loss was significantly lower than the Rs 78,481 crore that Petroleum Minister Hardeep Singh Puri said last month the companies had incurred from retail fuel sales during the quarter.

Railway stocks rose after reports that the government plans to invest Rs 45,000 crore in border railway upgrades over the next 18-24 months. The project will cover track, platform and network expansion across several border states and account for around 22% of planned railway infrastructure spending over the next two years.

Technocraft Ventures has set the IPO price band at Rs 200-212 per share. The issue will open on August 7 and close on August 11, while anchor investor bidding will take place on August 6.

Euro zone government bond yields declined after oil prices retreated on hopes of easing Middle East tensions, reducing inflation concerns and prompting markets to pare expectations for further ECB rate hikes. Investors also tracked diplomatic developments involving the U.S., Iran and the Strait of Hormuz.

Nice Suezmax you’ve got there. Shame if something happened to it

Nifty FMCG rose 1.12%, while Nifty Metal gained 0.94%. Nifty Bank and Nifty PSU Bank advanced 0.78% and 0.74%, respectively. Nifty Media fell 1.61%, while Nifty Pharma declined 0.49%.

Q1 Results Live Updates: Track Q1 FY27 earnings live as IREDA, Torrent Power, DLF, UPL, Ather Energy, CAMS, Jindal Stainless and 80+ firms announce June quarter results, guidance and key updates.

According to Reuters, EY expects the UK economy to expand by 0.8% in 2026 if the vital shipping route reopens by the end of September, before growing 1.2% in 2027 under its base-case scenario.

KKR-backed LEAP India will open its Rs 2,480 crore IPO for subscription on August 7, with a price band of Rs 151-159 per share. The issue comprises a Rs 480 crore fresh issue and a Rs 2,000 crore OFS. The company plans to use proceeds to repay debt and for general corporate purposes. Shares are slated to list on August 14.

According to Reuters, investor sentiment improved after Trump signalled a preference for diplomacy over immediate military action against Iran. The development triggered a sharp decline in crude oil prices, with oil futures falling nearly 5.9% on expectations that tensions in the Middle East could ease and the Strait of Hormuz could remain open to global shipping.

The woman, identified as Hemika Agrawal, died from her injuries after allegedly jumping from her fifth-floor apartment at Officers City-2 Society in the Raj Nagar Extension area, police said.

Passive investing has moved beyond broad-market indices. As sectoral and thematic index funds multiply, experts explain the opportunities, risks and who should actually invest. 

Blue Jet Health reported a 14.1% decline in Q1FY27 net profit to Rs 78.3 crore and a 17.4% drop in revenue to Rs 293 crore compared to the previous year.

India scrapped insurance commission caps in 2023, but calls to revive them are growing. Evidence suggests transparency, staggered payouts and disclosure—not caps—are more effective at curbing mis-selling.

Three major Pune reservoirs have reached 100% capacity after heavy monsoon rains, prompting water releases as the IMD issues a yellow alert for the Ghats.

ICICI Securities cut Vedanta’s target price to Rs 345 from Rs 369, while retaining a positive view on zinc and silver prices. Zinc India remains the key growth driver, contributing 95% of Vedanta’s EBITDA.

The sharp decline was accompanied by heavy trading volumes. At the time of writing, around 1.74 lakh shares, worth Rs 3.14 crore, had changed hands on the BSE, while nearly 52.79 lakh shares, valued at Rs 28.81 crore, were traded on the NSE, indicating heightened investor activity.

Vote counting began for assembly by-elections in Bankipur, Bihar, Manjalpur, Gujarat, and Datia, Madhya Pradesh, testing BJP and Congress electoral strength.

All about oncology? A cardio workout? Patent-cliff avoidance? American dreaming?

Samsung has launched the Galaxy F70 Pro 5G in India with a Snapdragon 6 Gen 3 chip, 6.7-inch 120Hz AMOLED display, 6,000mAh battery, 45W charging, and AI features. Launch offer brings the starting price to Rs 22,999.

PM VBRY beneficiaries can enable Direct Benefit Transfer by linking their Aadhaar with a bank account through NPCI. This guide explains the eight key steps, offline Aadhaar seeding, and how completing the process helps ensure timely incentive payments.

The Anawil Wire & Engineering IPO received a healthy response on the first day of bidding, with the issue subscribed 70% as investors placed bids for over 47 lakh shares. The IPO is also commanding a grey market premium of around 30%, indicating expectations of a strong listing.

Tata Motors CV rose sharply after the company reported a 37% year-on-year jump in July commercial vehicle sales. While Nomura remains cautious on near-term demand, it expects the Iveco acquisition, cost efficiencies and new product launches to drive earnings recovery over the next two years.

Nifty companies have posted a stronger-than-expected start to Q1 earnings, with profits of 39 reporting constituents rising 11% YoY, beating Motilal Oswal’s 7% estimate. Reliance Industries, JSW Steel, ICICI Bank, Bajaj Finance and Axis Bank drove 59% of incremental earnings growth, while InterGlobe Aviation, ITC, Dr Reddy’s, Cipla and Maruti Suzuki dragged.

Nifty FMCG rose 1.12%, while Nifty Metal gained 0.94%. Nifty Bank and Nifty PSU Bank advanced 0.78% and 0.74%, respectively. Nifty Media fell 1.61%, while Nifty Pharma declined 0.49%.

Xpro India declined 13.64% to Rs 1,295.70, while Zee Entertainment Enterprises fell 10.96% to Rs 102 after recent regulatory developments weighed on investor sentiment.

Vote counting began for assembly by-elections in Bankipur, Bihar, Manjalpur, Gujarat, and Datia, Madhya Pradesh, testing BJP and Congress electoral strength.

Further legal action will depend solely on the findings of the investigation. Additional details are awaited. 

Small-cap funds dominated one-year SIP returns, with six schemes crossing the 20% mark and four featuring among the top five performers. Bank of India Small Cap Fund topped the list with a 40.05% annualised SIP return.

On capital expenditure, Singh said Nalco planned to spend Rs 1,500-1,800 crore this financial year, with mechanical completion of its fifth-stream refinery targeted by September-end.

Muthoot Finance shares tumbled over 10% after the gold loan lender reported slower AUM growth and margin pressure in the June quarter. While brokerages flagged intensifying competition and weaker profitability, they expect gold loan demand to remain healthy, with future performance hinging on margins, gold prices and competitive pricing.

Samsung has launched the Galaxy F70 Pro 5G in India with a 120Hz AMOLED display, Snapdragon 6 Gen 3 chipset, 6,000mAh battery, triple cameras and six years of software updates, starting at Rs 25,999.

MV Electrosystems IPO GMP signals over 27% listing gain as the issue gets subscribed 66.88 times on the final day of bidding. Check GMP, dates and details.

ICICI Securities highlighted opportunities across healthcare, consumer staples, housing finance and REITs, while maintaining a cautious stance on RailTel despite steady execution and a robust order book.

Jio Financial Services shares rose, extending their weekly gains beyond 10%, after the company fixed August 10 as the record date for its Rs 0.60 per share final dividend for FY26. The payout is subject to shareholder approval at the upcoming AGM.

Income tax refunds for AY 2026-27 may be adjusted against pending tax demands. Taxpayers should verify notices, respond through the e-filing portal, clear valid dues, and dispute incorrect demands to avoid refund delays and compliance issues.

Nvidia is guaranteeing minimum revenue on the GPU capacity it sells to neoclouds, a backstop that is quietly reshaping how the AI infrastructure boom gets funded, according to Goldman Sachs.

Shares of MobiKwik Systems rose over 6% after reporting Q1FY27 net profit of Rs 7.6 crore, up 76 point 7% quarter on quarter.

Q1 Results Live Updates: Track Q1 FY27 earnings live as IREDA, Torrent Power, DLF, UPL, Ather Energy, CAMS, Jindal Stainless and 80+ firms announce June quarter results, guidance and key updates.

Marvel continues to dominate the Indian box office, with four of the five biggest Hollywood opening weekends belonging to the studio.

Thangamayil Jewellery shares fell 5%, extending their one-week decline to 32%, after the company said it saw no visible improvement in sales during the first 28 days of Q2 FY27. The jeweller attributed the weakness to higher import duty, rupee depreciation, geopolitical uncertainty and continued customer reluctance amid expectations of lower gold prices.

Stocks in focus: Kajaria gets an upgrade, while Sun Pharma, Maruti Suzuki, Bajaj Finserv and Niva Bupa retain positive ratings

The Rs 425.87 crore Ardee Industries IPO will open for subscription on August 5, with a grey market premium of 13% signalling positive listing expectations. The lead recycling and non-ferrous metals company plans to use the proceeds for working capital, debt repayment and general corporate purposes amid strong recent financial growth.

Consolidated net profit rose 76.7% quarter-on-quarter to Rs 7.6 crore from Rs 4.3 crore in the March quarter. Revenue from operations, however, declined 2.5% sequentially to Rs 281 crore, compared with Rs 289 crore in the previous quarter.

At the operating level, earnings before interest, tax, depreciation and amortisation (EBITDA) rose 63.4% year-on-year to Rs 48.2 crore from Rs 29.5 crore. However, the EBITDA margin narrowed to 36.4% from 48.1% a year earlier.

The AI-driven market rally has turned highly volatile as investors grow concerned about lofty valuations, profitability and rising competition.

Dixon Technologies shares fell despite strong Q1 FY27 results, with PAT surging 156% YoY to Rs 718 crore and revenue rising 25% to Rs 16,076 crore. EBITDA jumped 105% to Rs 991 crore, while profit before tax rose 137% to Rs 869 crore.

Japanese stocks tumbled as a sharp rally in the yen weighed on export-oriented companies, with the Nikkei falling over 2%. Auto and chip stocks led the declines, although SoftBank, Lasertec and Kioxia outperformed. Investors are now watching for further currency intervention and its impact on corporate earnings and market sentiment.

A Delhi court acquitted former BJP MP Brij Bhushan Sharan Singh in a sexual harassment case filed by women wrestlers.

Zee Entertainment shares plunged over 12% after Sebi barred founder Subhash Chandra and CEO Punit Goenka from the securities market for one year over an unauthorised property pledge case. The regulator also fined ZEEL and flagged governance lapses, even as shareholders recently approved a Rs 3,144 crore promoter fundraise.

On Monday, shares of Urban Company opened at Rs 136.33 against a previous close of Rs 129.39 and extended gains by upto 12% to hit an intraday high of Rs 152.21 apiece on the NSE.

The biggest IPO wanted to avoid a cliff edge of insider selling but now has 12 months of uncertainty

The rupee stayed in positive territory for the fifth consecutive day

POCO M8 Power 5G launches in India on August 4 with the price likely starting at Rs 18,999. It may feature an 8,000mAh battery, 45W fast charging, a 6.9-inch 120Hz AMOLED display, Snapdragon 4 Gen 4 chipset, and a 50MP dual rear camera.

British star Tom Holland has become the highest-grossing actor aged 30 or under, with his films earning nearly USD 12 billion worldwide.

Nifty FMCG rose 1.12%, while Nifty Metal gained 0.94%. Nifty Bank and Nifty PSU Bank advanced 0.78% and 0.74%, respectively. Nifty Media fell 1.61%, while Nifty Pharma declined 0.49%.

Indian IT companies are increasingly positioning AI operations, token consumption and enterprise deployment as revenue opportunities, but BofA Securities said pressure on pricing and uncertainty over productivity gains could limit the benefits.

The Indian rupee reached a one-month high as oil prices declined and foreign inflows increased. The Reserve Bank of India is expected to maintain current interest rates this week. Analysts anticipate a cautious policy statement from the central bank regarding inflation. Oil prices fell significantly after the US President sought a deal with Iran. Foreign investors returned to Indian stocks, and bond yields saw a slight increase.

Vote counting began for assembly by-elections in Bankipur, Bihar, Manjalpur, Gujarat, and Datia, Madhya Pradesh, testing BJP and Congress electoral strength.

The 30-share BSE Sensex jumped 470.06 points to 78,564.70 during initial trade; the 50-share NSE Nifty climbed 150 points to 24,532.95

Residents stated that unless the damaged road is repaired urgently, similar accidents could continue to claim lives.

Godfrey Phillips climbed as much as 6.39% to an intraday high of Rs 2,270.90 on the BSE, while ITC gained up to 4.11% to Rs 292.50 apiece.

Flipkart and Amazon are preparing for Independence Day sales with smartphone discounts across Google Pixel, iPhone, Samsung, Motorola and Realme models. The offers include price cuts, bank deals, exchange benefits and EMI options.

Indian equities advanced on Monday as falling crude oil prices eased concerns over energy costs, U.S. stock futures rose and ITC climbed after its June-quarter cigarette business showed strong revenue growth.

Sanpal, who resides in Burj Khalifa, has previously denied media allegations about his business dealings.

Muthoot Finance reported a strong Q1 with consolidated assets under management rising 43% YoY to Rs 1.92 trillion, while standalone gold loan AUM grew 44% YoY to Rs 1.63 trillion, driven by healthy customer additions and strong demand, highlights IDBI Capital.

Revenue from operations rose 12% quarter-on-quarter (QoQ) to Rs 38,953 crore from Rs 34,773 crore, reflecting stronger business activity.

HFCL shares rose sharply on Monday after the company secured an international order worth Rs 522.73 crore, extending investor optimism around the telecom equipment maker. The stock has rallied 195% in six months, while brokerages remain bullish, citing strong order visibility, AI data centre opportunities and defence-led growth as key long-term drivers.

Kerala faces severe rainfall disruption as the CM chairs an emergency meeting to review rescue efforts. Schools remain closed in 12 districts due to IMD’s Yellow Alert, with many institutions converted into relief camps amid ongoing weather concerns.

Maruti Suzuki shares fell over 2% after the automaker reported an 11% YoY decline in June-quarter standalone net profit, even as revenue rose 36% and sales volumes hit a record high. While Nomura retained a Neutral rating citing margin risks, Motilal Oswal reiterated its Buy call, expecting market share gains, easing input costs and strong earnings growth to support the stock.

Muthoot Finance shares fell over 14% after reporting a 38.8% year on year rise in Q1FY27 consolidated profit to Rs 2799 crore.

Persistent Systems reported a consolidated net profit of Rs 483 crore, down 8.7% sequentially from Rs 529 crore, missing analyst estimates that had pencilled in growth.

Sun Pharma remains on track to expand its innovative medicine portfolio through enhanced marketing efforts on new launches, increasing the prescriber base the prescription rate for existing products, adds the brokerage.

Maruti Suzuki shares snapped a six-day gaining streak after its June-quarter profit and Ebitda declined, while brokerages flagged higher commodity costs and other expenses. July sales rose 33.4% year on year.

Gold and silver prices today, 3 August: 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.

The brokerage said Urban Company has emerged as a re-rating candidate, supported by a structural improvement in growth across its India consumer services business, excluding Instahelp, as well as its international operations.

US equity funds attracted significant investor inflows, reversing prior withdrawals. Renewed confidence in artificial intelligence and strong tech earnings boosted investor sentiment. Largecap funds received the largest share of these substantial new investments. Meanwhile, demand for US bond funds moderated, showing slower inflows. Money market funds continued to experience investor withdrawals for a third week.

Urban Company reported a Rs 92 crore net loss in Q1 FY27 despite a 44% YoY rise in revenue to Rs 528 crore, mainly due to losses from its InstaHelp business. Motilal Oswal retained its ‘Neutral’ rating but raised the target price to Rs 140, implying over 8% upside.

Ashok Leyland, Bajaj Auto, and TVS Motor reported double-digit growth in July vehicle sales, driven by strong demand in commercial vehicles, two-wheelers, exports, and electric vehicles.

The market regulator has barred Zee Entertainment from accessing the securities market for two months and imposed a Rs 30 lakh penalty.

Blue Dart Express Shares Surge 7% As Q1 Net Profit Rises Over 80%

ITC shares rose 2% after the FMCG major reported June-quarter results, despite a 27% YoY decline in standalone net profit. Revenue grew 28%, while Nomura upgraded the stock to Buy, citing an attractive risk-reward profile and potential recovery in cigarette profitability. ITC also warned that imported inflation, a weak monsoon, lower kharif sowing and West Asia tensions could pose near-term risks.

MV Electrosystems IPO GMP signals a 27% listing gain, while Juniper Green Energy trades near issue price ahead of the final day of bidding.

Torrent Power will announce Q1 FY27 results on August 3, with investors tracking margins, power demand, renewable growth and management outlook.

Nifty FMCG rose 1.12%, while Nifty Metal gained 0.94%. Nifty Bank and Nifty PSU Bank advanced 0.78% and 0.74%, respectively. Nifty Media fell 1.61%, while Nifty Pharma declined 0.49%.

Bajaj Finserv shares are in focus after Q1 FY27 net profit rose 12% to Rs 3,132 crore and revenue grew 19%. Brokerage Motilal Oswal upgraded the stock to Buy with a revised target price of Rs 2,490, citing strong broad-based performance across its lending, insurance, and emerging asset management businesses.

CAMS will announce its Q1 FY27 results on August 3. Investors will track AAUM growth, margins, SIP inflows, dividend decision and FY27 outlook.

Advance Technoforge shares are set to debut on the BSE SME platform on August 3, with a 4% grey market premium indicating a potential listing price of around Rs 99 against the issue price of Rs 95. The IPO was subscribed 1.55 times overall.

Dixon Tech remains well positioned for strong growth, supported by a robust order pipeline, strategic JVs, and deeper backward integration, says the brokerage.

Rs 290-crore MV Electrosystems IPO closes today after securing 12.03 times subscriptions by Day 2, led by strong retail demand. Featuring a 27% grey market premium, the fresh issue aims to fund working capital and R&D, though financial losses in FY26 warrant caution for long-term investors.

Ather Energy will announce Q1 FY27 results on August 3. Investors will watch EV sales, margins, losses, Rizta demand and management outlook.

Despite volatile markets, dividend-paying large-cap stocks continue rewarding investors. Axis Direct highlights 15 top dividend yield picks, led by Vedanta, Coal India, and IOC, offering steady payouts alongside long-term income potential.

The Nifty index is approaching a critical juncture after a prolonged consolidation period. Foreign institutional investors are showing early signs of returning after significant outflows this year. The unwinding of global artificial intelligence trades may encourage capital reallocation into India. Recent market gains were supported by strong domestic institutional buying and easing inflation concerns. Technical indicators suggest a potential breakout if the index sustains above key resistance levels.

Five stocks in the Nifty500 pack that gained over 5% featured in the RSI Trending Up scan on July 31 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.

A redevelopment firm won tax relief after the ITAT ruled its ₹8 crore tenant compensation provision was not contingent. The order explains when unpaid business liabilities can still be claimed as deductible expenses.

James believes derivatives positioning and options data suggest traders are shifting their bullish expectations higher, with the market attempting to establish a new support base around 24,400-24,500. A decisive move above 24,800, he says, could pave the way for the benchmark index to extend its rally towards the 25,000 mark, provided banking stocks also join the advance.

For Mumbai city and its suburbs, the IMD has predicted a generally cloudy sky with the possibility of light to moderate rain during the next 24 to 48 hours.

Brent crude futures fell $4.37, or 5%, to $83.56 a barrel, while U.S. West Texas Intermediate crude declined $4.63, or 5.5%, to $80 a barrel.

Stuck halfway around the world in South America as part of an 11-day diplomatic tour, Lee and much of his key staff watched and clambered for ways to stem the market meltdown from afar.

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

In an interaction with Kshitij Anand of ETMarkets, Siddhartha Khemka, Head of Research, Wealth Management at Motilal Oswal Financial Services, says manufacturing and financialisation remain the two strongest structural themes for investors over the next five years.

F&O stocks will stop regular cash trading at 3:15 p.m., derivatives will remain open until 3:40 p.m., while non-F&O shares will continue trading until 3:30 p.m. Here is what changes from Monday and what stays the same.

Bajaj Auto will unveil the next-generation Classic Pulsar range on August 12, marking 25 years of the brand. The updated line-up is expected to feature new styling, improved hardware, refined engines and a refreshed Pulsar N160.

Abu Dhabi National Oil will alter its crude oil pricing methods starting November first. All Adnoc crudes will now use a regional Dubai benchmark published by Platts. This change aligns the UAE with other regional oil producers like Saudi Arabia. Asian oil refiners, who are major buyers, will find this adjustment significant. The shift follows recent volatility in regional oil market benchmarks.

Experts suggest a moderately bullish strategy for Nifty options with defined risk and reward. Jio Financial Services and Hero MotoCorp are recommended buys with specific price targets. Ashok Leyland and Havells India also present buying opportunities based on technical breakouts. Bharti Airtel and Sona BLW Precision Forgings show strong upward momentum. Analysts advise a buy-on-dips approach for Nifty and Bank Nifty indices.

Experts suggest a moderately bullish strategy for Nifty options with defined risk and reward. Jio Financial Services and Hero MotoCorp are recommended buys with specific price targets. Ashok Leyland and Havells India also present buying opportunities based on technical breakouts. Bharti Airtel and Sona BLW Precision Forgings show strong upward momentum. Analysts advise a buy-on-dips approach for Nifty and Bank Nifty indices.

Oil Prices On Aug. 3: Brent crude futures sank more than 6% to $82.41 after U.S. President Donald Trump said talks with Iran will happen on Monday West Texas Intermediate futures for September delivery declined 4.5% to $80.89 per barrel.

Experts recommend buying shares of Netweb Technologies, Bharti Airtel, Ashok Leyland, Bajaj Finance, and Bajaj Finserv with specified entry levels, target prices, and stop-loss limits to manage risk.

Silver 999 fine was at Rs 2,18,160 per kg at India level. Silver 925 sterling was at Rs 201,798 per kg. Notably, Silver prices have rallied 97.30% over the last one year. It was at Rs 110,570 per kg on August 3, 2025.

IndiGo and BEL shares will also be in focus on Monday.

On Sunday, August 2, OPEC+ approved an oil production quota increase of around 188,000 barrels ⁠per day from September, the producer group said, in a move that ⁠completes the unwinding of a layer of voluntary output cuts.

Trump touted progress in the talks, including on reopening the Strait of Hormuz, a critical route for global oil shipments that has been at the centre of regional tensions in recent weeks.

Oil prices had rallied more than 1% in the previous session, with Brent settling at $90.12 a barrel and US WTI crude closing at $84.67.

Asian equities declined despite easing oil prices after Donald Trump called off planned strikes on Iran amid efforts to reach an agreement over the Strait of Hormuz.

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

Markets extended their winning streak on Friday, supported by encouraging quarterly business updates. Nifty strengthened its bullish structure by surpassing the 200-day EMA, positioning for further gains. ITC reported a net profit drop while revenue rose, and Maruti Suzuki saw a net profit decline. Sun Pharma reported net profit growth, and PNB has no immediate plans to monetize subsidiaries.

Indian equities are expected to extend recent gains in August, supported by foreign fund inflows. Analysts anticipate a continued upward move for the Nifty after recent consolidation periods. Foreign institutional investors have turned positive, marking their first net purchases since February. While geopolitical uncertainties remain, the unwinding of AI trade is seen as positive. Select large caps and specific sectors like NBFCs, pharma, metals, and realty may perform well.

Exchanges will change how stock closing prices are decided for F&O stocks. A new closing auction will determine the final price after normal trading ends. This auction aims to reduce the impact of last-minute large orders. Mutual funds will benefit from more efficient execution of their closing trades. Active traders and proprietary desks will see the biggest impact from these changes.

Economists anticipate the Reserve Bank of India will maintain its current interest rate at 5.25 percent. The central bank is also expected to keep its neutral monetary policy stance for the fourth review. Some economists foresee a potential rate hike in the second half of fiscal year twenty twenty-seven. Inflation forecasts for fiscal year twenty twenty-seven are divided among surveyed economists.

McDonald’s signature burger offers economic lessons — but not about purchasing power parity

Tata Steel saw strong revenue growth in the June quarter, driven by higher realisations. However, global steel prices are softening, and coking coal costs are rising. The company expects domestic realisations to decrease in the September quarter. Tata Steel is increasing its focus on value-added products and expanding its NINL facility. This strategic shift aims to strengthen its position in high-margin segments.