The sale is part of the pre-IPO placement ahead of the proposed IPO

The exit of Xbox’s top executive in India marks the Microsoft gaming division’s retreat from India

NCDEX recently announced that the black pepper futures contract will start trading from July 15 with Kochi designated as the delivery and pricing centre

The bank’s net profit stood at ₹2,973 crore in the same quarter of the previous fiscal

Apollo Micro Systems is also making a mandatory open offer to the eligible public shareholders of Premier Explosives for the acquisition of up to 26% fully diluted voting equity share capital

The EPFO has restored its passbook portal after a two-week outage due to a database upgrade. Members can access their accounts again ahead of 8.25% interest credit. 

Indians invested ₹28,973 crore into equity based mutual fund schemes in June 2026, which is 26.5% more than the ₹22,907 crore in the previous month

Circle has received final regulatory approval from the OCC to launch a national trust bank, enabling them to manage their own reserves and hold cryptocurrencies. This pivotal milestone integrates blockchain technology into the US financial system. In addition, Circle issues USDC, a stablecoin valued around $73.2 billion, reflecting the ongoing shift of digital asset firms into traditional finance.

Power Finance Corporation, a state-run entity, has triumphantly secured USD 300 million via bonds that feature floating interest rates. Following the guidelines set by the RBI, these Notes are set to mature in July 2029 and will provide payments in US Dollars. They are scheduled for listing on NSE IFSC and India INX, marking a significant financial achievement.

The warning comes as investors and policymakers closely monitor developments between the US and Iran, with energy markets remaining sensitive to any signs of further escalation.

Students hail Adani-backed initiative for bringing advanced scientific research and mentorship within reach at no cost

Lenders consider factors beyond income when approving loans, such as repayment history and financial habits. Two individuals with identical salaries may experience different loan outcomes based on their overall financial profiles.

Passengers who cannot produce the ticket on their registered device, or establish their identity, may be treated as travelling without a valid ticket and could face penalties under railway rules.

Earlier reports from the scene had indicated that as many as 14 vehicles, including several autorickshaws, may have been involved in the chain collision.

After a series of attacks on vessels in the Strait of Hormuz, US forces struck targets in Iran over two days this week. Tehran responded with attacks on American bases in the region.

Evil Dead Burn holds a 73% Rotten Tomatoes score, a 6.9/10 IMDb rating and an 8.1/10 audience rating on BookMyShow, reflecting a largely positive response.

In a significant move, major Wall Street banks have revised their employee conduct guidelines. The updated policies impose restrictions on engaging in financial and political prediction markets. Specifically, Goldman Sachs and Morgan Stanley have enacted firm prohibitions, while JPMorgan Chase and Bank of America have also established comparable limitations. These initiatives are designed to eliminate conflicts of interest and maintain compliance with industry standards.

The company posted a consolidated bottom-line of Rs 902 crore, compared to Rs701 crore in the year-ago period.

Senior advocate Abhishek Singhvi sought interim stay of the direction to pay damages; he argued that the single Bench’s judgment was not in line with the earlier decisions and globally acceptable practices

Amid the escalation, Qatari negotiators are in Iran holding talks with officials there aimed at de-escalating tensions and creating conditions for broader negotiations to resume.

The kitty had expanded to an all-time high of $728.494 billion during the week ended Feb. 27 this year before the onset of the Middle East conflict.

The incident has drawn comparisons to a 2018 Southwest Airlines flight in the US, where a passenger died after engine debris shattered a window and she was partially pulled outside the aircraft.

State-owned enterprises, particularly central public sector enterprises (CPSEs), typically raise around USD 1012 billion annually through ECBs.

The Enforcement Directorate said the attachment is part of its money laundering probe into the alleged Mahadev Online Book and Skyexchange betting networks.

The Dow Jones Industrial Average rose over 120 points or 0.23% and S&P 500 gained over 0.13%.

The ITR forms have been revised for AY 2026-27, affecting ITR-1, ITR-4 and ITR-2. Taxpayers must ensure correct filing by reviewing income sources and changes to avoid complications. The filing deadline is 31 July 2026 for individuals and non-audited entities.

Inspite of its HBM dominance, SK Hynix trades at around 5.8 times forward earnings versus Micron at around 7 times, as per LSEG data.

Retail rents in Khan Market, Delhi, have soared by nine percent annually, reflecting a robust retail sector. Notable areas like Galleria Market and Connaught Place recorded increases of four and two percent respectively. Meanwhile, South Extension I & II experienced the highest surge at ten percent. Overall, leasing activity in retail spaces across Delhi-NCR doubled during the April to June timeframe, marking a significant uptick in market dynamics.

The latest intelligence has indicated renewed concern over the security surrounding the US president, although neither the White House nor Iranian officials have publicly commented on the reported warning.

Wall Street opened steady as investors tracked SK Hynix’s much-awaited Nasdaq debut and rising Middle East tensions. The Dow and S&P 500 edged higher, while Nasdaq slipped slightly. Markets remained cautious amid inflation concerns linked to geopolitical risks, even as optimism around tech listings supported broader sentiment.

With consultations continuing, the eventual salary revision is expected to depend not only on the fitment factor but on the broader pay structure recommended by the Commission.

Why is World Population Day celebrated every year on July 11? Explore the official 2026 theme, its history, significance and how the global observance promotes a more sustainable and equitable future.

Rishit Jhunjhunwala said nearly 80% of calls originating from the 1600xx series are going unanswered, highlighting a growing trust deficit among users.

The clarification comes amid an ongoing disagreement between TRAI and Truecaller over the display of community-reported spam labels for calls originating from the 140 and 1600 series.

On Friday, Indian government bonds experienced a positive shift with declining yields. This improvement was fueled by robust demand during a weekly auction and additional foreign investments. Falling oil prices further enhanced market sentiment. However, traders are keeping a vigilant eye on potential geopolitical tensions and weather disruptions. Furthermore, an upcoming Bloomberg inclusion could alter market dynamics significantly.

Sebi approved IPO proposals of Tonbo Imaging India, Marri Retail, Zetwerk and Gujarat Victory Forgings, strengthening the primary market pipeline. The companies plan fundraising for expansion, debt repayment and growth, with defence, retail, manufacturing and metals sectors represented.

The film stars Ajay Devgn, Riteish Deshmukh, Arshad Warsi, Jaaved Jaaferi, Sanjay Mishra, Ravi Kishan, Anjali Anand, Upendra Limaye, Vijay Patkar and Esha Gupta in key roles.

SK Hynix begins US trading after a $26.5 billion ADR sale, expanding investor access to its AI memory chip business. The Nasdaq listing could narrow its valuation gap with Micron, while testing investor appetite for AI-linked semiconductor stocks.

Big names that are set to declare results on July 10 include L&T Finance Ltd., Bank of Maharashtra, Elecon Engineering Company Ltd., Indian Bank and Just Dial.

The revised framework removes the earlier restriction that linked intraday borrowings to guaranteed same-day receivables.

On July 9, Indian currency appreciated by just 1 paisa to close at 95.47 against the U.S. dollar

Sensex climbed 828 points and Nifty gained 244 points, extending their winning streak as TCS earnings, positive global cues and banking optimism lifted sentiment. The rally added nearly Rs 6 lakh crore to BSE market capitalisation, with IT, financials and metals leading gains.

The company said the contract is for conversion of existing 11 kV HT & LT Line network into underground cable network at Adhewada.

Ahead of its July 14 debut, the SBI Funds Management IPO is drawing attention as the latest GMP points to a double-digit listing premium. Check all the key details before the issue opens.

The 30-share BSE Sensex jumped 827.57 points, or 1.08%, to settle at 77,569.39. During the day, it soared 900.41 points, or 1.17%, to 77,642.23

As bidding for the Kusumgar IPO concludes, the latest grey market premium signals healthy listing gains for investors.

The report also states that the Australian Football League, the highest-level professional competition of Australian rules football, is set to unveil a new India engagement strategy aimed at increasing participation in the sport within India.

UGC NET results will be based on the final answer key; scorecards will be available online, with the result date yet to be announced by NTA.

Building a solid retirement corpus is crucial for financial planning. Popular schemes in India include EPF, PPF, and NPS, each differing in eligibility, contributions, and benefits. Details here.

Along with the seat allotment result, the round 4 cutoff (opening and closing ranks) for IITs, NITs, IIITs, and GFTIs will be updated at josaa.nic.in.

Nykaa, Godrej Industries and four other BSE MidCap stocks hit fresh 52-week highs, rallying up to 30% over the past month amid strong market momentum.

Flexible work arrangements have also become an important factor for job seekers, enabling companies to attract talent from a wider geographic area.

Before placing their bids for the entirely OFS issue, investors should pay attention to some of the key risks outlined by SBI Funds in its red herring prospectus.

The Spain national football team vs Belgium national football team quarter-final match will get underway at 12:30 a.m. IST on Saturday and can be watched on the Unite8 Sports television channels, and ZEE5 app and website.

The court directed Google to pay ₹30 lakh as damages, and listed the matter for hearing on July 24

Former Bangladesh PM says she is prepared to face arrest or even death as she plans to return from exile with Awami League colleagues.

Tickets to South Indian cities are still more expensive, even as fares for several locations in North and West India have dropped to slightly over Dh1,000 for a roundtrip.

The QIP opened on July 6, 2026, and closed on July 9, 2026. The stock opened 5.83% at Rs 608.

Chhattisgarh’s DSR push comes amid rainfall uncertainty, water stress and labour shortages. A look at its benefits, challenges and adoption hurdles

Value funds, notably HSBC and ICICI Prudential, have yielded strong returns. Experts suggest that investors adopt a mixed strategy, combining value and growth stocks, to enhance portfolio performance throughout different market cycles.

High Court rejects settlement efforts, orders compensation after prolonged legal battle over Rs 9-crore cheque bounce dispute.

Even as the Sensex stayed nearly flat with just a 0.14% gain over three months, 13 stocks with a market cap above Rs 5,000 crore bucked the trend, surging up to 225% and more than doubling investor wealth in the same period.

The remarks come amid heightened regional uncertainty after recent US-Iran military exchanges and growing concerns over the security of critical energy and transport infrastructure across the Gulf region.

However, the government added that E20 fuel has a higher-octane rating, and provides several other vehicular and emission-related advantages over unblended fuel

England are also monitoring the fitness of midfielder Declan Rice, who missed training for the second consecutive day after being struck by a sickness bug.

AIREF asks the 8th Pay Commission to restore pay parity, increase Group B posts and address career stagnation during stakeholder consultations in Bhubaneswar.

Waterways Leisure Tourism approved a 1:10 stock split, subject to shareholder approval, days after its market debut. The move aims to improve stock liquidity, affordability and retail participation without altering market capitalisation or intrinsic value. Record date is pending.

SBI Funds Management manages mutual funds, portfolio management services, alternative investment funds and offshore funds under the SBI Mutual Fund brand.

On Friday, the NSENifty 50 rose 1.02% or 244.10 points to close at 24,206.90, while the BSE Sensex gained 1.08% or 827.57 points to end at 77,569.39.

The rally comes a day after Paytm announced its entry into Indonesia through a strategic partnership with Flip (PT Fliptech Lentera Inspirasi Pertiwi) and its subsidiary PT Duta Teknologi Kreatif (DTK).

As bidding for the Kusumgar IPO enters its final day, the latest grey market premium signals healthy listing gains for investors.

The latest performance significantly exceeded the previous record set on the June 9 expiry day.

North runway at Montréal-Trudeau Airport was temporarily closed as authorities responded; airline begins investigation

New OTT releases this weekend include Ikka, Pati Patni Aur Woh Do, The Westies and several documentaries arriving on Netflix, Prime Video and Lionsgate Play between July 10 and July 12.

Adani Enterprises and French firm Dioxycle partner to develop low-carbon chemical production in India, starting with a renewable-powered pilot for formic acid using captured carbon dioxide.

Semaglutide is the active ingredient in Danish major Novo Nordisk’s blockbuster diabetes and weight loss drugs Wegovy and Ozempic

Candidates allotted seats must complete online tuition fee payment and self-reporting between July 10 and July 14, 2026, to confirm their admission.

The flooding has claimed at least 39 lives in Guangxi, with several others reported missing, said reports.

Looking for new OTT releases this weekend? Stream Balti, Parimala And Co, Dose, Land of Football and Ekasekalu from July 10 across top platforms.

Nifty IT was the top-performing sector, rising 2.96%. Nifty Metal gained 1.37%, while Nifty Oil & Gas advanced 1.04%. Nifty Pharma was the only major laggard, falling 0.54%.

The initiative will begin with a pilot facility at Adani Group’s site to produce formic acid using captured carbon dioxide and renewable electricity

Indian Bank on Friday reported a 10% year-on-year increase in net profit to Rs 3,273 crore for the quarter ended June 30, 2026, compared with Rs 2,973 crore a year earlier.

Employees who changed jobs during FY 2025-26 should report salary from all employers while filing ITR for AY 2026-27. Verify Form 16, Form 26AS and AIS, report total salary correctly, and avoid tax notices, interest charges and refund delays. 

The renewed bombardment has hit hardest in areas already struggling with basic necessities.

AIIMS Paramedical result 2026 will be released by AIIMS on July 10, 2026.

Neither direct nor regular plans can be described as the best option for everyone. Investors with a good understanding of mutual funds and the confidence to manage their own portfolios may prefer direct plans, which offer the advantage of lower expenses.

Christopher Wood of Jefferies warns that the AI trade is showing signs of fatigue as investors seek cheaper value opportunities. With India and China positioned to benefit from a rotation away from crowded AI winners, Wood believes picks-and-shovels companies will continue to outperform amid massive AI capex and uncertain monetisation.

Bank of Maharashtra reported a 26.8% year-on-year rise in Q1 net profit to Rs 2020 crore, with net interest income up 14.5% and operating profit increasing 21.3%.

Vijay questioned whether adequate security arrangements had been made at the venue where the stampede occurred and said that accountability was necessary if lapses were found

Overall industry outflows stood at Rs 52,948.78 crore versus Rs 64,021.17 in May. Inflows across equity categories showed a rise/dip relative to the previous month, with midcap funds leading the movement.

Global oil demand is showing signs of recovery as shipments through the Strait of Hormuz resume and crude prices ease, the International Energy Agency (IEA) said. While the agency raised its demand outlook slightly, it cautioned that consumption and production remain well below pre-conflict levels amid lingering Middle East tensions.

Ravi Singh, chief research officer, Master Capital Services, attributed the rally to improving sentiment in the IT sector ahead of the earnings season.

Shares of Elecon Engineering dropped over 2% following a steep 60% year-on-year decline in Q1 net profit to ₹70.4 crore

The IPO market shows strong investor interest with high grey market premiums. Kusumgar IPO leads with a nearly 39% estimated listing gain. SBI Funds Management IPO also attracts significant attention with a 16% expected upside. Laser Power & Infra IPO offers a potential 15-16% listing gain. Alpine Texworld IPO shows muted interest with an estimated gain of 2%.

After the seat allotment result is released, the round 4 cutoff (opening and closing ranks) for IITs, NITs, IIITs, and GFTIs will be updated at josaa.nic.in.

The Madras High Court allowed the Tamil Nadu government to issue temporary job appointments to families of the Karur stampede victims, ruling that the appointments will remain subject to judicial review.

Fresh US-Iran hostilities have pushed the European Central Bank back to its inflation fight. Rising energy prices now threaten to reignite price pressures across the euro zone. This renewed conflict has heightened uncertainty around the inflation outlook for policymakers. Market expectations have shifted, with traders betting on further ECB rate hikes. Developments in the Middle East are now a key factor for future monetary policy.

Candidates who participated in this round will be able to check the allotment results online using their login credentials.

Newgen Software shares experienced a significant surge, mirroring a broader IT sector advance. The company announced key leadership changes, appointing Tarun Nandwani as CEO. Investors await the Q1 FY27 results on July 16 for business outlook. The stock shows improving technical momentum with a neutral RSI reading. Institutional ownership saw a reduction in the March 2026 quarter.

Overall industry outflows stood at Rs 52,948.78 crore versus Rs 64,021.17 in May. Inflows across equity categories showed a rise/dip relative to the previous month, with midcap funds leading the movement.

Adani Enterprises and French firm Dioxycle partner to develop low-carbon chemical production in India, starting with a renewable-powered pilot for formic acid using captured carbon dioxide.

TCS added 9,279 employees in Q1FY27, marking its strongest quarterly hiring in four years amid growing concerns over AI-led job cuts. The IT major said AI will reshape roles rather than eliminate jobs, while investments in talent, AI services and digital capabilities signal confidence in future demand and growth.

Delhi High Court says parties remain bound by 2022 arrangement as dispute over claimed equity stake and IPO disclosures continues.

As bidding for the Kusumgar IPO enters its final day, the latest grey market premium signals healthy listing gains for investors.

A 69-year-old man allegedly spent 36 years staying at luxury hotels without paying. Police say a stolen laptop finally brought the alleged scam to an end.

The newly released CCTV footage shows Amaira approaching her class teacher multiple times shortly before the incident, allegedly seeking help or comfort.

Candidates who participated in this round will be able to check the allotment results online using their login credentials.

Sonam Raghuvanshi has filed a reply before the Supreme Court claiming that she is innocent and has been falsely implicated in the case

Indian Bank reported a standalone net profit of Rs 3,273 crore for Q1 FY27, up more than 10% year-on-year, while net interest income rose nearly 17%. The PSU lender also posted improved asset quality and higher advances, prompting its shares to surge around 10% after the earnings announcement.

The National Stock Exchange (NSE) reported record activity in its crude oil options contract on July 9, 2026, with the highest-ever daily premium turnover of Rs 2,006.49 crore, trading volume of 47,33,862 contracts, and intraday open interest exceeding 1,14,000 contracts. The milestone reflects growing participation as traders and hedgers increasingly use the contract to manage price risks in a volatile energy market.

Searching the Norway striker’s name on Google triggers a Viking-themed animation inspired by the team’s viral “Ro!” rowing chant.

As per the Directorate General of Foreign Trade’s notification, a total of 20,000 completely built units (CBUs) of petrol and diesel passenger vehicles will be allowed for import from the U.K. at concessional rates of 30-50%, depending on the size of the car, down from the normal import duty of between 66-110%

Elecon Engineering reported a 60% drop in consolidated net profit to Rs 70.4 crore in Q1, despite a 6% rise in revenue to Rs 521 crore year-on-year.

Employee bodies have proposed contrasting approaches to determining the highest salary under the 8th Pay Commission, with some seeking a 1:12 cap between minimum and maximum pay while others oppose any such limit.

US private credit funds raised significant capital in the second quarter. Direct lending activity, however, saw a sharp decline during the same period. This divergence highlights investor capital outpacing available new lending opportunities. Private equity-backed lending experienced the most substantial decrease in deal volume. Investors now prioritize underwriting discipline and risk-adjusted returns over deployment speed.

Vedanta Group stocks experienced significant gains on Friday after their recent demerger. Vedanta Iron and Steel shares surged five percent, hitting the upper circuit limit. Vedanta Oil and Gas shares also saw a substantial increase, extending recent positive momentum. Vedanta Power and Vedanta Aluminium reported production and sales figures for the first quarter. Analysts at Motilal Oswal initiated coverage on Vedanta Aluminium with a buy rating.

Fidji Simo will leave her full-time position at OpenAI after taking medical leave to recover from a chronic illness. She will continue as a part-time adviser.

Sovereign wealth funds are increasingly prioritising national strategic goals over pure financial returns, with artificial intelligence and semiconductors emerging as key investment areas. Backed by governments, these funds are making fewer but significantly larger investments to strengthen technological leadership, supply chains and long-term economic resilience.

Big names that are set to declare results on July 10 include L&T Finance Ltd., Bank of Maharashtra, Elecon Engineering Company Ltd., Indian Bank and Just Dial.

The investigation, which began as a probe into a fatal fall, has evolved through a string of disclosures with both accused currently in judicial custody.

Shares of Adani Group companies rose in intraday trade led by Adani Total Gas, with most group stocks gaining amid strong investor demand and a positive market sentiment.

Cupid shares extended their rally after the company reaffirmed strong growth momentum, guided for Q1FY27 revenue of over Rs 150 crore and raised its full-year revenue outlook. Supported by expanding global opportunities and improving business visibility, the multibagger stock has delivered exceptional returns over the past few years.

The complete schedule of the 16th edition of the BBL is set to beunveiled this week.

HDFC Securites highlights that recent key launches by Prestige Estates, Oberoi Realty, Sobha etc have seen strong expression of interest collections and conversions, a further sign of underlying demand resilience for branded developers, which shalltranslate into healthy presales bookings during Q1.

The biggest threat to your mutual fund returns may not be the fund you choose, but the decisions you make after investing. Experts identify three costly mistakes that investors should avoid.

The biggest threat to your mutual fund returns may not be the fund you choose, but the decisions you make after investing. Experts identify three costly mistakes that investors should avoid.

The biggest threat to your mutual fund returns may not be the fund you choose, but the decisions you make after investing. Experts identify three costly mistakes that investors should avoid.

Young investors should prioritize saving more money consistently. A higher savings rate builds a stronger investment base for future growth. This approach creates a significant lead over chasing higher returns initially. Moderate returns on a larger corpus yield better long-term wealth creation. Consistent contributions and a disciplined savings habit are crucial for financial success.

International operations reported revenue growth of about 35% YoY, while the Middle East business grew around 30% despite lower footfalls in April due to geopolitical tensions. International markets contributed about 14% to consolidated revenue.

A hot new active vs passive paper just dropped

The Indian rupee traded narrowly on Friday, supported by a softer dollar and stable oil prices. Asian currencies and regional stocks saw gains as Fed rate hike expectations eased. Renewed Middle East tensions kept traders cautious about directional positions in the currency. Analysts remain constructive on the rupee, citing Reserve Bank of India measures. India will report inflation data next week, with rate hikes anticipated.

Shares of Newgen Software Technologies surged over 11% to Rs 523.30 on strong market momentum.

Indian government bonds saw early gains on Friday, influenced by U.S. Treasury movements and reduced oil prices. Foreign investors continued their strong bond purchases, reaching nearly four billion dollars since early June. This sustained buying has supported the market and kept dips shallow for Indian debt. Lower oil prices benefit India by easing inflation and current account pressures. Traders await a significant debt sale today for further market direction.

Ahead of its July 14 debut, the SBI Funds Management IPO is drawing attention as the latest GMP points to a double-digit listing premium. Check all the key details before the issue opens.

The remarks mark a notable shift in tone from Musk, who has been a vocal critic of Anthropic in the past.

Central Railway said that the cancellations were necessitated after heavy monsoon rains triggered multipe landslides that damaged railway infrastructure in the Bhor Ghat section, making train operations unsafe until repairs are completed. 

Fidji Simo said that what propelled her career, from a fishing family in the Mediterranean port of Sete to the top ranks of Silicon Valley, also made stepping back extraordinarily difficult

To expand computing infrastructure, Meta has secured long-term, multi-year supply agreements, the memo showed

Defence Q1 Preview: ICICI Securities believes that most companies may see low-double-digit to high-single-digit growth rates in June quarter, with the exception of Solar Industries and HAL.

ChatGPT Work can take action across your apps and files, stay with a project for hours if needed, and turn a goal into finished work. It’s a whole new way to get work done, said OpenAI.

Yaghi had held an honorary professorship at Tsinghua since 2022 and was formally inducted as a full-time faculty member at a ceremony on July 3.

South Korean chipmaker SK Hynix successfully raised $26.5 billion through its ADR offering. This significant fundraising highlights robust global investor interest in AI semiconductor suppliers. The company is a leading provider of essential high-bandwidth memory chips for AI processors.

Brokerage sets a target price of Rs 635, citing growth in India and overseas markets and expectations of operating leverage.

Under the Comprehensive Economic and Trade Agreement (CETA), India will reduce import duties on automotive imports from about 110% to 10%, with quotas on both sides.

US Treasury prices saw gains as investors bought bonds following a sharp selloff. A strong auction of 30-year government bonds attracted significant foreign investor demand. Economic data indicated stable labor and moderating housing markets, reinforcing Fed rate hold expectations. Geopolitical tensions involving the United States and Iran remained a key focus for markets. Investors anticipate stable Federal Reserve interest rates and potential future cuts.

TCS was trading 1.8% ‌higher at 2,086 rupees at 9:59 a.m. IST in Mumbai, ‌powering the benchmark Nifty 50 ‌to ⁠rise 1.1%. The IT index was ⁠up about 2%.

The 30-share BSE Sensex jumped 694.83 points to 77,423.82 in early trade. The 50-share NSE Nifty surged 195.95 points to 24,154.85

Following a disappointing exit in the group phase of the 2026 T20 World Cup, India will be hoping for a fresh start in the longest format.

Fast Retailing shares declined after raising profit forecasts for the year. The Uniqlo owner cited concerns that a weak yen could impact domestic business. Strong demand in key markets supported recent financial results. Investors may be booking profits after a significant stock rally. The company anticipates the depreciating yen will affect its fourth-quarter performance.

Brokerages have retained their ratings but highlighted concerns over the delay in semaglutide commercialisation following an API impurity issue disclosed by the company during its earnings call.

At the interbank foreign exchange market, the rupee opened at 95.27 against the greenback before slipping to 95.32, up 15 paise from its previous close

Kalyan Jewellers shares saw significant gains after a strong first-quarter business update. The company reported nearly 38% consolidated revenue growth compared to the previous year. This performance occurred despite a challenging period for gold purchases. Analysts maintain a bullish stance, citing expansion strategies and industry formalisation.

Kalyan Jewellers shares saw significant gains after a strong first-quarter business update. The company reported nearly 38% consolidated revenue growth compared to the previous year. This performance occurred despite a challenging period for gold purchases. Analysts maintain a bullish stance, citing expansion strategies and industry formalisation.

Kalyan Jewellers shares saw significant gains after a strong first-quarter business update. The company reported nearly 38% consolidated revenue growth compared to the previous year. This performance occurred despite a challenging period for gold purchases. Analysts maintain a bullish stance, citing expansion strategies and industry formalisation.

The Kolkata-based manufacturer of electrical solutions for the power transmission and distribution sector,has fixed the price band at Rs 203-214 per share.

In an exclusive interview to NDTV Profit, TCS COO said that AI Spend Will keep rising as enterprises see business value.

IT stocks including Infosys, Wipro, HCL Tech and Tech Mahindra rose sharply after TCS delivered a better-than-expected Q1 performance. Brokerages turned optimistic, citing resilient margins, improving demand outlook, attractive valuations and growing AI-led opportunities, despite lingering concerns over discretionary spending and macroeconomic uncertainty.

Futures open interest rose over 11% in nine NSE F&O stocks on July 9, led by Dr. Reddy’s, Lodha Developers, Mazagon Dock and HDFC Life, signalling fresh trader participation.

Meta says its latest AI model is faster, smarter, and better at coding, reasoning, and handling long, complex tasks.

Motilal Oswal initiated coverage on Vedanta Aluminum with a buy rating. The brokerage set a target price of Rs 540 per share, which implies an upside potential of approximately 22%. The company is expected to experience strong earnings growth and cash flow generation. Vedanta Aluminum is approaching a significant earnings inflection point.

Gold and silver prices today, 10 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. 

Following the QIP allotment, Blue Jet Healthcare shares surged over 8%, opening at Rs 608 and peaking at Rs 623.35 before settling near Rs 597.50.

Indian stock markets experienced significant gains on Friday, with Sensex and Nifty rising sharply. Strong first-quarter earnings reported by Tata Consultancy Services boosted investor confidence. Positive global market sentiment also contributed to the upward trend in equities. Broader market indices and sectoral performances, particularly IT, reflected this positive momentum. The overall market breadth indicated a predominantly advancing trading session for investors.

Indian stock markets experienced significant gains on Friday, with Sensex and Nifty rising over one percent. Strong first-quarter earnings from TCS boosted investor sentiment, leading IT stocks higher. Positive global market trends and a decline in market volatility also contributed to the rally. Despite escalating Iran-US tensions, markets largely ignored the geopolitical developments. Analysts anticipate continued economic resilience and positive sector-specific responses moving forward.

Indian stock markets experienced significant gains on Friday, with major indices closing higher. TCS reported strong first-quarter earnings, boosting sentiment across the information technology sector. Positive global market trends and resilient investor sentiment also contributed to the upward movement. Broader markets and various sectoral indices, including PSU banks and realty, saw substantial advances. Despite geopolitical tensions, the market demonstrated a confident and resilient trading performance.

Gold prices slipped while silver edged higher on the MCX on Friday, supported by a weaker U.S. dollar. However, both precious metals remained on track for weekly losses as escalating U.S.-Iran tensions fuelled inflation concerns and strengthened expectations of tighter U.S. Federal Reserve policy.

IT stocks rallied after TCS Q1 results, with LTIMindtree, Hexaware, TCS and Infosys rising as much as 4.4% amid a rebound in US AI stocks.

TCS shares climbed 3.5% after the IT major reported a 5% year-on-year rise in Q1FY27 net profit to Rs 13,349 crore and a 14% increase in revenue. While most brokerages retained their ratings, views remained mixed on the outlook, with optimism over AI-led growth offset by concerns around weak discretionary spending, margins and global macro uncertainty.

Several brokerages have initiated coverage on Indian stocks, forecasting significant upside potential. Vedanta Aluminium and Adani Power are among the companies with positive outlooks. Uno Minda and Blue Star also show strong growth prospects for investors. Aequs and Aditya Infotech are highlighted for their manufacturing and market leadership. These selections offer investors potential gains based on analyst recommendations.

Nifty IT was the top-performing sector, rising 2.96%. Nifty Metal gained 1.37%, while Nifty Oil & Gas advanced 1.04%. Nifty Pharma was the only major laggard, falling 0.54%.

Corporate earnings season intensifies on July 10 with ten companies, including Just Dial and Indian Bank, set to announce Q1FY27 results and conduct investor calls.

The joint venture will engage in original equiment manufacturing (OEM) for smartphones. Dixon Tech holds 51% stake in the JV with Vivo, as per the filing.

The Centre had issued the notice to Meta-owned WhatsApp last week, raising concerns that the feature — which would let users message each other without sharing phone numbers — could significantly increase risks of online fraud.

The Laser Power & Infra IPO is currently in its second day of bidding. Investor interest remains moderate, with a positive Grey Market Premium observed. The company plans to raise funds primarily for debt repayment and general corporate needs. Its business spans manufacturing and EPC services within the power sector. The IPO is scheduled to close on July 13, 2026.

Ahead of its July 14 debut, the SBI Funds Management IPO is drawing attention as the latest GMP points to a double-digit listing premium. Check all the key details before the issue opens.

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

MCX gold August futures contract dipped 0.26% to Rs 1,44,916 per 10 grams, while the MCX silver September futures rose 0.05% to Rs 2,26,500 per kg.

Roshan Chutkey believes India has entered a moderate-return environment. He suggests a balanced hybrid fund suits the next twelve to twenty-four months. This strategy offers lower volatility and a smoother investment journey. Large private sector banks and select IT companies show valuation comfort. Investors should ideally have a minimum investment horizon of three years.

Roshan Chutkey believes India has entered a moderate-return environment. He suggests a balanced hybrid fund suits the next twelve to twenty-four months. This strategy offers lower volatility and a smoother investment journey. Large private sector banks and select IT companies show valuation comfort. Investors should ideally have a minimum investment horizon of three years.

As bidding for the Kusumgar IPO enters its final day, the latest grey market premium signals healthy listing gains for investors.

Gold prices closed at Rs 1,45,350 per 10 grams on the Multi Commodity Exchange (MCX) on Thursday, July 9.

Anand Rathi Wealth reported a 24% year-on-year rise in Q1FY27 profit after tax, driven by an 18% increase in revenue as assets under management crossed the Rs 1 lakh crore milestone. Strong net inflows, client additions and steady growth across its wealth management businesses supported the quarterly performance.

The brokerage believes that TCS is likely to minimise its revenue growth gap with peers in FY27E, supported by net-new large deals, and potential pick-up in developed markets.

Bookings opened on July 9, 2026, and deliveries will commence from July 20, 2026. For its 400,000 customers in India, Nissan has made provisions for special rates for the first 10,000 bookings. 

TCS reported constant-currency revenue growth of 0.4% quarter-on-quarter and 3.2% year-on-year during the June quarter.

Technical analyst Kush Bohra shares his top picks for the day.

Central Railway has cancelled several long-distance, intercity and special trains until July 17 after landslides disrupted the LonavalaKarjat section.

Five stocks in the Nifty500 segment that gained over 5% featured in the RSI Trending Up scan on July 9 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.

JPMorgan raised its Dixon Technologies target price to Rs 16,700 after the Vivo JV approval, implying 39% upside and triggering sharp revenue and earnings upgrades.

TCS Q1 results were largely in line, but brokerages remain divided over sluggish growth, margin pressure and hopes of a demand revival from Q2.

The IC Electricals IPO received an overwhelming response from investors, with the public issue being subscribed 420.09 times by the close of bidding.

The explosions came against the backdrop of a broader flare-up in the US-Iran conflict, days after Washington launched fresh strikes on Iranian targets, which Tehran said killed and injured dozens of people.

Mumbai and nearby districts are expected to experience light to moderate rain today with no severe weather warnings issued by the India Meteorological Department.

Goldman Sachs has prohibited staff from trading prediction market contracts. These contracts are linked to financial markets and political events. The policy aims to prevent conflicts of interest with the bank. Violations could lead to disciplinary action and forfeiture of gains. Restrictions do not apply to sports and entertainment prediction markets.

Zerodha co-founder Nithin Kamath has asked investors to understand the difference between ‘direct’ and ‘regular’ mutual fund plans. He said many investors remain unaware of the higher costs associated with regular plans and advised reviewing their portfolios to identify their existing investments.

Gold prices held steady early Friday as markets assessed inflation risks. Renewed rate-hike expectations are pushing the non-yielding metal toward a weekly decline. U.S. military infrastructure in Gulf states faced attacks after U.S. strikes on Iran. Markets now price in a higher chance of a September rate hike. Other precious metals also saw slight movements and are on track for weekly losses.

The yen remains near a forty-year low, causing trader concern over potential Japanese intervention. Renewed Gulf hostilities are casting a shadow over energy prices and global inflation outlooks. The dollar saw slight easing but remained largely unchanged for the week. Other currencies like the British pound and euro showed strength against the yen. The Reserve Bank of New Zealand hiked rates, signaling further tightening ahead.

Oil prices saw a slight dip Friday but are set for weekly gains. US and Iran exchanged strikes, escalating regional tensions and impacting supply routes. Concerns over rising inflation are also pressuring oil demand and market prices. The conflict has delayed the reopening of the vital Strait of Hormuz waterway. Market sentiment remains cautious as leaders express hopes for de-escalation.

Market experts recommend buying Indian Bank, SAIL, HAL, PG Electroplast, and Marico with defined stop-loss levels and upside targets for potential gains.

The lender will sell 2.9 crore shares in SBI Funds Management at Rs 574 apiece as part of a pre-IPO transaction.

The answer depends not just on the amount invested, but also on the power of compounding and the time your money spends in the market.

While the IT major expects demand to improve in Q2, Motilal Oswal believes growth will continue to come from select pockets rather than a broad-based pickup.

Railway engineers have urged the 8th Pay Commission to restore pay parity, grant Group B status and improve promotions. Their demands, raised during stakeholder consultations, could shape future salary, pension and allowance reforms for 1.1 crore Central government employees and pensioners.

On Friday, July 10, 2026, petrol and diesel prices remained unchanged despite movement in the global crude prices over the past week. State-run oil marketing companies such as IOCL, HPCL, BPCL did not change their fuel prices for the day.

Brokerages initiated coverage on Syrma SGS and Vedanta Aluminium with buy ratings. HSBC set a price target of Rs 1,750 for Syrma SGS, implying a 21.4% upside. Motilal Oswal Financial set a Rs 540 target for Vedanta Aluminium, indicating a 21.6% potential gain. These targets suggest significant returns over current trading prices. Both companies are seen as having strong growth prospects and structural advantages.

Brent crude traded near $76 a barrel after falling more than 2% on Thursday, while West Texas Intermediate was below $72.

The optimism comes even as the conflict in the Middle East intensified and the US military struck Iran for a second day, hitting about 90 targets.

Unlisted bonds now form a larger part of corporate debt sales. Companies like Bajaj Finance and Vedanta prefer these deals for fewer disclosures. Market data shows unlisted debt accounted for forty percent of issuances in May. Several large unlisted borrowings are also planned for July. This trend reflects a strategic shift in corporate financing strategies.

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

Tata Consultancy Services reported flat dollar revenue and margin contraction in the June quarter. AI revenue shows growth but remains a small part of total earnings. The company paid significant dividends, impacting its ability to invest internally. Sustained order flow and stable attrition offer some long-term hope. TCS needs to balance investor returns with future technology investments.

Japanese and South Korean shares advanced as easing geopolitical concerns supported sentiment, while oil prices steadied after a volatile week.

SBI Funds Management set its IPO price band at ₹545-574 per share. This pricing represents a significant discount to its unlisted market value. The public issue, an offer for sale, opens for subscription on July 14. Investors who bought shares earlier may face mark-to-market losses. This IPO is the largest so far in 2026.

Jewellery stocks surged significantly on Thursday, defying broader market weakness. Companies reported robust business updates for the April-June quarter, showcasing resilience. Senco Gold and Kalyan Jewellers posted strong revenue and same-store sales growth. Despite macroeconomic challenges, demand for organised players remained healthy. Investors are advised to focus on fundamentally strong, organised jewellery companies.

France were awarded a penalty after Noussair Mazraoui had brought down Kylian Mbappe inside the box, but the French captain failed to convert from the spot in the FIFA World Cup 2026 quarter-final against Morocco.

How the debt capital markets sausage gets made

France became the first team to secure a place in the FIFA World Cup 2026 semi-finals after beating Morocco 2-0 in Boston, with Kylian Mbappe and Ousmane Dembele scoring for Les Bleus.

After seeing an early penalty saved by Yassine Bounou, Kylian Mbappe bounced back with a stunning strike to move ahead of Lionel Messi as the leading scorer at the FIFA World Cup 2026.

England defender Jarell Quansah will miss the World Cup quarter-final and any potential semi-final after FIFA imposed a two-match suspension, leaving him eligible to return only if England reach the final.

France were awarded a penalty after Noussair Mazraoui had brought down Kylian Mbappe inside the box, but the French captain failed to convert from the spot in the FIFA World Cup 2026 quarter-final against Morocco.

England defender Jarell Quansah will miss the World Cup quarter-final and any potential semi-final after FIFA imposed a two-match suspension, leaving him eligible to return only if England reach the final.

US markets closed higher led by chip stocks, with Micron boosting sentiment through a massive investment plan tied to AI demand. Gains came despite rising US-Iran tensions. Stable jobless claims signaled labor resilience, while Fed rate hike expectations linger. Investors now shift focus to upcoming earnings season and valuations.

Also in this newsletter: few women in the workplace

In separate submissions to the USTR as part of the ongoing public hearing on the probe (July 7-9), industry bodies said the existing India-US Trade Policy Forum should be used to address concerns instead of imposing tariffs.

DBS Bank, HSBC, Standard Chartered and MUFG are among the banks which have lined up to provide this loan. ET could not ascertain the names of all lenders. "The loan has been launched with half a dozen banks already lining up for the first underwriting.

The France national football team vs Morocco national football team quarter-final match will get underway at 1:30 a.m. IST on Friday and can be watched on the Unite8 Sports television channels, and ZEE5 app and website.

WHO estimates millions of children have lost their mothers to cancer, with India among the six countries contributing the largest share of the global burden.

Check key highlights of the financial fine print below

Regional mediators step up diplomatic efforts as Washington and Tehran exchange fresh attacks, putting the fragile truce under renewed strain.

Gadkari also urged the industry to meet the target of the number of buses needed to be manufactured annually in the country.

MobLand Season 2 trailer is out, featuring Tom Hardy, Pierce Brosnan and Helen Mirren ahead of its 2026 release.

The US military announced new strikes on Iran following attacks on ships in the Strait of Hormuz, with President Trump warning of further military action.

Following an April truce and a June US-Iran deal to terminate hostilities, new combat broke out between the US and Iran, heightening worries of a return to full-scale war.

IT major bets on a new AI-era workforce model with 5,000 engineers and 10,000 business operators focused on enterprise outcomes.

The development comes ahead of the Rajya Sabha by-elections for the three vacant West Bengal seats, scheduled for July 24.

Refiners remain adequately supplied through August, but prolonged regional instability could raise risks for LPG and LNG imports.

Q1 Results Live Updates: TCS kicks off Q1 FY27 earnings season today. Follow live updates on revenue, EBIT margins, deal wins, and dividend — plus GM Breweries and Anand Rathi Wealth results.

The firm in March cut more than 400 roles from its UK audit division, blaming lack of natural attrition.

Groww assures investors direct mutual funds remain free for do-it-yourself users. The platform stated its commitment to zero-commission offerings for these investors. This clarification follows recent discussions regarding mutual fund offerings in the market.

The appointment comes at a time of increased anxiety about the societal impact of AI.

Market experts shared their insights on fundamentals and technical levels for key stocks, including Tata Capital, Swiggy, Varun Beverages, Wipro and Ola Electric.

Sebi has cancelled twelve research analyst registrations for failing to pay renewal fees. These entities and individuals had their certificates cancelled after the fees remained unpaid. Sebi initiated summary proceedings after receiving no replies to issued notices.

Apart from technical levels, the market will also take cues from the start of the earnings season.