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Blue Jet Healthcare shares rally 9% after Rs 800 crore QIP allotment
Blue Jet Healthcare shares rose sharply on Friday after the company completed its Rs 800 crore QIP, attracting marquee institutional investors, including multiple ICICI Prudential Mutual Fund schemes. The fund raise is expected to strengthen the company's balance sheet, support expansion plans, and boost long-term growth prospects while broadening its institutional shareholder base.
IHH hospitals in India, Singapore saw fewer patients from Middle East due to war
IHH Healthcare hospitals in India saw fewer patients from the UAE and Saudi Arabia. Singapore hospitals also faced impacts from the ongoing Middle East conflict. This regional instability creates significant uncertainty for businesses globally. Soaring energy prices and disrupted supply chains are major concerns. IHH previously stated its diversified footprint mitigated earlier geopolitical impacts.
Ajit Mishra recommends buy on Aether Energy, Sun Pharma; sell on ITC
Ajit Mishra of Religare Broking says that Ather Energy and Sun Pharma have a given a upside breakout after a period of consolidation, while ITC seems to be losing momentum on charts.
Torrent Pharma among 6 stocks to hit 52-week highs & rally up to 25% in a month
Despite a sharp sell-off in the broader market, six BSE 200 stocks touched fresh 52-week highs, highlighting resilient investor confidence. The outperformers from retail, pharmaceuticals and energy sectors continued to show strong momentum, signalling sustained buying interest despite market volatility.
Airtel to Trent: 44 stocks likely to report double-digit profit slump in Q1. Are your stocks on the list?
Motilal Oswal expects 44 companies, including Bharti Airtel, Trent, IndiGo, HAL, GAIL and Cipla, to report double-digit year-on-year profit declines in the June quarter. Higher energy costs, weaker demand, geopolitical tensions and margin pressure are expected to weigh on earnings, even as overall corporate profit growth slows in Q1.
Economic and trade cooperation remains a key pillar of India-Indonesia ties
India and Indonesia issued a joint statement on the State Visit by Prime Minister of India to Indonesia. Prime Minister Modi and President Prabowo held official bilateral talks on 7 July 2026 at Istana Merdeka, Jakarta. The official talks covered the full spectrum of bilateral relations, including political engagement, defence and security cooperation, maritime cooperation, trade and investment, digital economy, science and technology, space, critical minerals, energy, agriculture, health, pharma, education, culture, tourism, youth exchanges and people-to-people ties, in addition to regional and global developments of mutual interest. They also witnessed the exchange of a number of bilateral documents, aimed at further strengthening the India-Indonesia Comprehensive Strategic Partnership.
TPG acquires Aseem Infrastructure from NIIF with GIC, ICICI backing
Global private equity firm TPG is acquiring a full stake in Aseem Infrastructure Finance, a leading sustainable infrastructure debt financier. Partnering with Singapore's GIC and ICICI Bank, TPG's climate investing platform will take over the company, which has funded significant renewable energy and power transmission projects. Aseem Infrastructure, founded by NIIF, has disbursed over Rs 40,000 crore in loans, contributing to substantial greenhouse gas emission reductions.
Poly Medicure among 4 stocks that closed below VWAP
Four Nifty500 stocks, Poly Medicure, Aditya Birla Real Estate, Siemens Energy India, and Onesource Specialty Pharma, closed over 2% below their VWAP on July 3, indicating potential bearish momentum and heightened selling pressure, according to technical scan data.
Analysts back buy-on-dips strategy as Nifty targets 24,450–24,800
Indian stock market analysts are optimistic, anticipating the Nifty to continue its upward trend. They suggest buying on dips around the 24,000-24,150 mark, with potential upside targets reaching 24,800. Several stocks, including Container Corporation of India, IndusInd Bank, Biocon, HDFC Asset Management Company, Shriram Finance, and Piramal Pharma, are highlighted as strong buy recommendations with specific price targets and stop-losses.
Red Bull, Campa, Monster and other beverage cos get notices over 'energy drink' claims
India's food regulator, FSSAI, has cracked down on major beverage brands like Red Bull and Monster, issuing notices for using the 'energy drink' label and making health-related claims. The authority states that no such category is recognized under current food safety laws. Companies are warned against promotional statements about boosting energy or focus, as these functional claims are not permitted for food products, aiming to prevent misleading branding.
Buy, Sell Or Hold: IDFC First Bank, JSW Energy, Wockhardt, Paras Defence And Titagarh Rail — Ask Profit
Market experts shared buy, sell and hold recommendations for an array of stocks.
Coal India to invest ₹1,900 crore in R&D by FY30
Coal India Ltd is set to invest nearly ₹1,900 crore in R&D by FY2030 to boost mine productivity and cut emissions. The company is focusing on cleaner coal technologies and alternative energy sources, with its R&D spending significantly increasing this fiscal. New initiatives include a National Centre for Coal and Energy Research and collaborations with international partners for advanced projects.