Markets News

Coming soon: KYC from home for NRIs, foreigners looking to invest in India

"Video KYC is blocked for IP (Internet Protocol) addresses outside India. we are seeing how to mitigate risks & open it up," said a Finmin official

Benchmark indices snap weekly winning streak as oil jitters weigh on mkts

Sensex and Nifty ended the week with marginal losses, snapping a four-week winning streak despite Friday's sharp rebound led by Reliance Industries and IT stocks

Strong volumes, realisations lead to upgrades for Page Industries

Brokerages expect robust demand, premiumisation and price hikes to drive stronger volume growth and realisations for Page Industries in FY27, despite rich valuations

TCS Q1FY27 showing offers hope, but a lot hinges on demand recovery

TCS's upbeat Q1 commentary has lifted sentiment, but analysts believe a sustained recovery in technology spending will be critical for stronger revenue and earnings growth

Nearly 210 newage firms ready for public markets in next two years: Redseer

Redseer projects nearly 210 new-age firms will be ready for IPOs over the next two years, with listed companies' market capitalisation expected to reach $1 trillion by 2030

Vedanta Aluminium enters AMFI large-cap list within weeks of market debut

AMFI has classified Vedanta Aluminium as a large-cap stock in its July 2026 reclassification, placing the recently listed company among India's top 100 by market capitalisation

SAT adjourns hearing on pleas by FPIs named in Hindenburg report to July 15

While the FPIs sought adjourned, the counsel for Sebi argued that the delay was impacting the ongoing investigations

Stock Market Close: Sensex rises 827 pts, Nifty ends at 24,207; PSU Bank, realty shares shine

Sensex Today | Stock Market Highlights, Friday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 1.4 per cent and 1.55 per cent higher, respectively

Why market gained today? Sensex soars 900 pts intraday, Nifty at 24,228

On the sectoral front, Nifty Realty ended the day as the top gainer, followed by Nifty PSU Banks. Both indices closed over 3 per cent higher.

Corporate bond issuances rise 28% in June on lower borrowing costs

According to Prime Database data, Indian companies raised ₹1.33 trillion through corporate bond issuances in June, compared to ₹1.04 trillion in the year-ago period and ₹93,675 crore in May

Dixon-Vivo JV receives much-awaited nod; Nomura sees modest upside in stock

Dixon Technologies today was up 4 per cent intraday as the company secured government approval to set up its joint venture (JV) with Vivo Mobile India (VMI).

Muthoot Microfin zooms 16% on strong Q1 biz update; stock hits 52-week high

Muthoot Microfin reported a healthy provisional business update for Q1FY27, with AUM rising 18% YoY to ₹14,457 crore, supported by continued portfolio expansion and strong disbursement momentum.

ION Exchange zooms 17%, up 51% from 52-week low; check what's driving gains

The upward movement in the company's share price came after it announced that it had secured an order worth $52.83 million, or approximately ₹503 crore, from Hyundai Engineering & Construction Co

MRPL shares jump 9% as ONGC approves strategic oil reserve in Mangaluru

ONGC has approved an expansion of the country's strategic oil reserves, highlighting a push to strengthen energy resilience following the shock of the Iran war.

Nifty PSU Bank soars 4%, Indian Bank up 10% post Q1 nos; analysts upbeat

PSU Bank index logged its sharpest intra-day gain in three months on Friday. Analysts expect PSU Banks to outdo private peers on earnings front on improvement in asset quality and high credit growth.

Apollo Micro jumps 5% on agreement to buy 41.3% stake in Premier Explosives

Apollo Micro shares gained 5 per cent after approval was granted to the company to acquire 41.3 per cent stake in Premier Explosives.

Rekha Jhunjhunwala portfolio stock: VA Tech Wabag zooms 117% from Jan low

In the past one month, VA Tech Wabag has outperformed the market by surging 44 per cent, as compared to 4.2 per cent rise in the Nifty 50.

Valuation verdict: How does SBI Funds Management IPO fare against peers?

SBI Funds Management's IPO price band of ₹545 to ₹574 implies a price-to-earnings (P/E) multiple of 36 to 38 times FY26 earnings, based on an earnings per share (EPS) of ₹15.08

Silver price outlook: Rate hike risks could limit upside, says Mirae Asset

Silver is expected to be highly volatile and choppy in the short run due to the evolving situation in West Asia. However, as West Asia conflict is likely to remain contained, traders may buy the dips.

Adani group stocks jump up to 7%; rub-off effect after Helios' move?

Shares of Adani group companies rallied up to 7% in intraday deals today after Samir Arora's Helios Capital picked up stake in the flagship Adani Enterprises.