Market News
Stay updated with the latest market trends, earnings, and economic indicators.
INR extend gains amid dollar weakness; Local benchmark indices surge in early trades
The Indian rupee extended gains in opening trades on Friday tracing weakness in dollar overseas on expectations that US and Iran will continue peace negotiations despite a recent escalation. However, oil prices stay supported after recent streak of gains that could limit gains in the counter. INR opened at Rs 95.27 per dollar and hit a high of 95.22 so far during the day. Yesterday, rupee appreciated by 7 paise to settle at 95.41 against the US dollar. Asian stock markets are trading mostly higher on Friday, following the broadly positive cues from Wall Street overnight, boosted by the surge in semiconductor and AI stocks. Indian benchmark indices surged early on Friday, with the BSE Sensex climbing 701.73 points (0.91%) to 77,443.55 and the NSE Nifty 50 gaining 200.85 points (0.84%) to trade at 24,162.25.
Rupee rises 13 paise against US dollar: What's driving the move
Indian rupee gains 13 paise against US dollar, supported by softer crude oil prices and global dollar weakness. West Asia tensions remain a key risk.
Rupee opens 13 paise higher at 95.26 against US dollar
The Indian rupee rose 13 paise to 95.26 against the US dollar, bolstered by lower crude prices and a weaker dollar. However, concerns over the US-Iran conflict kept traders cautious. Foreign investments remain strong, yet India's trade deficit persists due to high oil and gold imports.
Rupee opens 13 paise higher at 95.26 against US dollar - livemint.com
Rupee opens 13 paise higher at 95.26 against US dollarlivemint.com
Oil falls, but heads for weekly gain as West Asia supply risks persist
Oil prices edged lower on Friday as inflation concerns weighed on demand, but crude remained on track for strong weekly gains amid renewed US-Iran strikes and uncertainty over the Strait of Hormuz
Oil stocks today: Crude slips but heads for weekly gains as US-Iran conflict keeps supply fears alive - The Times of India
Oil stocks today: Crude slips but heads for weekly gains as US-Iran conflict keeps supply fears aliveThe Times of India
Sumeet Bagadia recommends these five breakout stocks to buy today — 10 July 2026 - livemint.com
Sumeet Bagadia recommends these five breakout stocks to buy today — 10 July 2026livemint.com
As West Asia boils again, RBI likely to assess FCNR flows
The Reserve Bank of India will review foreign currency deposit inflows next week. This meeting follows rising Middle East tensions and potential dollar loan rate hardening. Banks are facing challenges in finalizing fixed lending rates for non-resident Indians. Higher borrowing costs may necessitate increased leverage for attractive NRI deposit yields. The central bank's assessment will consider the current market situation and deposit mobilization.
Stock Picks Today: Dr Lal Path, Axis Bank, Syrma SGS, Delhivery, And More On Brokerages' Radar
Brokerages' Radar
TCS' next growth phase hinges on AI investments, not just deal momentum
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.
Tom Hardy Returns In MobLand Season 2 Trailer: Release Date, Cast, Plot And What To Expect
Tom Hardy returns as Harry Da Souza in MobLand Season 2, arriving on Paramount+ on Sept. 18, 2026.
Newly listed textile stock Aastha Spintex eyes capacity expansion through Falcon Yarns acquisition - livemint.com
Newly listed textile stock Aastha Spintex eyes capacity expansion through Falcon Yarns acquisitionlivemint.com