For the world's third-largest oil importer and consumer, India, a falling rupee presents unique challenges: a weaker economy, wary foreign investors, and declining earnings quality.
BSE barometer Sensex lost as much as 690 points or 0.88 per cent to hit the day's low of 77,445. At the same time, the Nifty 50 index briefly slipped below the 24,150 mark.
ICICI Bank share price jumped 2.5 per cent in early trade on Monday after better-than-expected Q1 results. Brokerages see up to 25 per cent upside for the stock.
Brokerages said that TechM's Q1 revenue and margins exceeded estimates, and strong deal TCV provides strong revenue visibility.
Jio Financial share price remains 16.44 per cent lower for the year so far - set for its worst annual performance since listing in 2023, shows data.
Caliber Mining IPO GMP today is ₹105, signalling that shares of the company could debut at ₹529, a premium of almost 25 per cent over the offer price.
Jio Financial Q1 today: Analysts largely expect Jio Financial to see continued expansion in its lending and asset management businesses, though some impact on profit is likely.
ICICI Lombard General Insurance Company's share price crashed 15 per cent after sharp decline in profit and increased COR.
The recent acceleration in rainfall has provided a sentiment lift, but from a fundamental standpoint, it has only partially mitigated D-Street's underlying anxieties.
The government has mobilised ₹20,274 crore via PSU divestment in FY27, the highest so far since FY23 when it raised ₹35,294 crore.
Nomura said that elevated crude oil prices are negative for OMCs' marketing margins and CGDs' input costs, while positive for upstream realisations in the near term.
TechM Q1 Preview: On average, analysts expect Tech Mahindra to post a growth of 40 per cent or more for Q1 FY27 as ramp-up in large deals could push revenue by 15 per cent.
In the large-cap segment, funds attracted net inflows of ₹2,067.48 crore in June, up from ₹1,592.93 crore in May. Funds were net buyers of 56 per cent of the Nifty 50 stocks.
FPIs emerged as net buyers of Indian equities in July, for the second month this year. But higher for longer crude oil prices could dent sentiment.
Just Dial share price opened 4.5 per cent higher, defying the weakness in the Indian stock market and extended gains to hit the day's high of ₹770 on the BSE. In just two trading days, the stock had g
Radhakishan Damani-backed DMart had posted its June quarter earnings on Saturday, wherein it said its consolidated net profit rise 11.3 per cent to ₹860 crore.
Kalyan Jewellers share price has zoomed 47% in four days following a robust business update for the April-June quarter of the financial year 2026-27.
Already in the bear territory after receding 27% from its record high level, analysts foresee further decline in gold prices of up to 16% to $3400-3500 levels.
HCL Tech Q1 results expectation: HCL Technologies will post its Q1FY27 results on July 13 after market hours. The company's board will also consider second interim dividend.
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.