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Sattrix Information Security secures Rs 9-cr cybersecurity order from public sector bank
Sattrix Information Security rallied 5.06% to Rs 356 after the company announced that it has secured a Rs 9.30 crore order from one of India's leading public sector banking institutions.
Vatika Hotels refinance Rs 550 crore debt with Kotak
Vatika Hotels has refinanced Rs 550 crore debt with Kotak Mahindra Bank. This move marks the exit of India Special Assets Fund III from the company. The hotel owner experienced financial stress during the Covid-19 pandemic. Vatika Hotels' debt has significantly declined after restructuring and equity infusion. The company now holds a BBB investment-grade rating, reflecting improved financial health.
HDFC Bank up 5% in two days on Q1 biz update; chart hints at further gains
Virat Jagad, technical analyst at Bonanza says that HDFC Bank displays a positive price action, with key momentum oscillators favourably placed. The analyst expects the stock to target ₹880 in the nea
GoI announces the sale of two dated securities for a notified amount of ₹32,000 crore
The Government of India (GoI) has announced the sale (issue/ re-issue) of (i) 6.36% GS 2031 for a notified amount of Rs 21,000 crore and (ii) 7.71% GS 2066 for a notified amount of Rs 11,000 crore. The auction will be conducted using multiple price method. Both competitive and non-competitive bids for the auction should be submitted in electronic format on the Reserve Bank of India Core Banking Solution (e-Kuber system) on July 10, 2026 (Friday). GoI will have the option to retain additional subscription up to ₹2,000 crore against each security.
INR appreciates on improved market sentiment
The Indian rupee appreciated 15 paise to 95.28 against the US dollar in early trade on Tuesday on improved market sentiment after reports that Saudi Arabia has slashed August crude oil prices for Asia amid easing of geopolitical tensions in the Middle East. Lower Middle East risk premium and higher traffic from the Strait of Hormuz kept the oil prices lower. At the interbank foreign exchange market the rupee opened at 95.33 and later touched 95.28 against the American currency, registering a gain of 15 paise from its previous close. Yesterday, rupee depreciated 20 paise to close at 95.43 against the US dollar, as a strengthening greenback weighed on emerging market currencies. Meanwhile, local markets are extending gains amid strong quarterly updates from banking heavyweights like HDFC Bank, favorable monsoon progress, and steady foreign institutional buying. The BSE Sensex was trading at 78,374.76, up by 89.69 points (0.11%), while the NSE Nifty 50 was up 38.90 points (0.16%) at ..
HDFC Bank shares are near a key level and retail continues to bet on it
Shares of HDFC Bank are at a crucial juncture. At the close of trade on Monday, the stock had closed above its 100-Day Moving Average, which was at levels of ₹809.
HSBC pulls back from risky credit after bankruptcy scare, FT reports
HSBC is reportedly scaling back its involvement in riskier private credit deals, according to the Financial Times. This strategic shift indicates a move towards a more cautious approach in the private credit market, signaling a potential change in the bank's lending appetite for more speculative investments.
Poonawalla Fincorp among 4 stocks closed above VWAP, signalling a bullish shift
On July sixth, four Nifty500 stocks saw closing prices rally by over 1.5 percent. This movement above their Volume Weighted Average Price suggests a potential bullish trend. Karur Vysya Bank and Poonawalla Fincorp showed significant price increases. Manappuram Finance and Swan Corp also experienced positive trading activity.
IT stocks are beginning to offer bank FD-like dividend yields. But is that a trap for investors?
Indian IT stocks now offer dividend yields comparable to bank fixed deposits. These yields have risen because stock prices have significantly declined from their peaks. Companies possess substantial liquidity and are actively using buybacks and dividends for support. However, sector headwinds from AI and geopolitics create uncertainty for future growth. Investors face a polarized market with potential risks and rewards.
IndusInd Bank among 5 stocks flashing bullish signals, hinting at a possible uptrend
On July 06, five stocks in the Nifty500 appeared on the 'White Marubozu' bullish scanner, according to StockEdge's technical scan data. The bullish candlestick pattern reflects strong buying momentum throughout the trading session, signalling sustained positive sentiment and the potential for a continuation of the upward price trend.
HDFC Bank Share Price Live Updates: HDFC Bank's Impressive Weekly Returns
