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Phoenix Mills jumps after retail consumption rises 32% YoY in Q1 FY27
The Phoenix Mills added 2.16% to Rs 2065.80 after the company reported a strong operational performance across its retail, commercial office, hospitality and residential businesses for the quarter ended June 2026 (Q1 FY27).
Kalyan Jewellers shares jump 9%, extend two-day rally to over 15% after robust Q1 business update
Kalyan Jewellers shares saw a significant surge following a robust first-quarter business update. The company reported an estimated 38% year-on-year increase in consolidated revenue for Q1 FY27. Strong domestic demand and international growth contributed to this impressive financial performance. The launch of a gold recirculation campaign also gained significant customer traction during the quarter. Kalyan Jewellers also expanded its retail footprint by opening new showrooms and outlets.
INR tumbles further as renewal of war is seen driving oil prices and inflation higher
The Indian rupee slumped further in opening trades on Thursday as international crude oil prices rebounded as US President reportedly threatened to bomb Iran for a second day and reimpose the US naval blockade in retaliation for attacks on tankers transiting the Strait of Hormuz. US President Donald Trump said the ceasefire with Iran has ended, stoking concerns that a renewal of war could again drive inflation and push up interest rates. This could reinforce expectations that the US Federal Reserve (Fed) may keep interest rates higher for longer to combat stubborn inflation. INR opened at Rs 95.52 per dollar and hit a low of 95.58 so far during the day. Yesterday, rupee tanked 59 paise to settle at 95.55 against the US dollar. The Indian stock market also suffered a massive crash, with the NSE Nifty 50 plunging 516.65 points (2.12%) to close at 23,882.05, while the BSE Sensex tanked 1,677.12 points (2.15%) to settle at 76,503.60. Local markets are however recovering from the sharp ...
Rupee trades flat against dollar after recent recovery; rising crude prices back in focus
Indian rupee paused recovery, opening at 95.55 against US dollar. Geopolitical tensions in West Asia pushed crude oil prices higher, impacting investor sentiment.
Rupee opens flat at 95.55 against US dollar - livemint.com
Rupee opens flat at 95.55 against US dollarlivemint.com
Gold falls as West Asia tensions lift dollar; silver holds steady
Gold prices dip as US-Iran tensions boost dollar, oil. Silver steady. Fed minutes, jobless claims awaited.
SBI Funds Management IPO: Price band set at ₹545-574 per share; check key dates, issue details
SBI Funds Management IPO price band is ₹545 to ₹574, with subscription from July 14-16. The offer for sale aims to raise ₹11,102 crore, with significant allocations for institutional and retail investors.
D-St set for a positive opening as GIFT Nifty signals firm start
Indian markets experienced widespread selling on Wednesday, with the Nifty declining significantly. Global risk sentiment deteriorated following US President Donald Trump's comments on Iran. Asian markets also traded lower, reflecting the weak global backdrop. The Indian Rupee tanked against the US dollar as oil prices rose. Foreign and domestic investors showed net buying activity in equities.
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today - 9 July 2026 - livemint.com
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today - 9 July 2026livemint.com
Demat account additions pick up on D-Street rebound
India added over 2.5 million demat accounts in June, the highest since February. This growth occurred as key market indices Nifty 50 and Sensex advanced significantly. Improved market sentiment followed the easing of geopolitical concerns and potential IPO announcements. Broader market participation and digital onboarding are attracting new retail investors. Future demat account growth will depend on Indian market performance and investor confidence.
BlackSoil’s NBFC arm forays into solar financing through Creditfair acquisition
BlackSoil has acquired Credit Fair's solar financing business for about ₹45 crore, marking its entry into rooftop solar lending as it expands its retail and climate-focused loan portfolio.
FCNR-B flows taper as higher costs trip math for double-digit returns
Indian banks are experiencing a slowdown in special foreign currency deposit collection. Rising overseas borrowing costs are impacting banks' leverage offerings to clients. High-net-worth individuals seek double-digit dollar returns, assessing tax implications. Banks are recalibrating deposit mobilization strategies after recent guideline releases. Investor expectations for higher spreads are increasing due to Indian supply.