Market News
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Nifty slips below 24,400 as profit booking ends four-day rally
The benchmark indices snapped their four-session winning streak on Tuesday as weak global cues triggered profit booking in domestic equities. The Nifty closed below the 24,400 mark amid broad-based selling. Metal and realty stocks tumbled, while IT, consumer durables and FMCG shares bucked the broader market trend.
Adani's Kutch Copper secures LME registration for 'Adani Copper' Grade A cathodes
Kutch Copper Ltd has achieved London Metal Exchange registration for its copper cathodes. This approval allows 'Adani Copper' to be delivered against LME copper futures contracts. The certification validates Kutch Copper's manufacturing excellence and responsible sourcing practices. This milestone strengthens India's role in the global refined copper supply chain. Adani Copper cathodes will be eligible for issuance against LME contracts from July 10.
India's office market recorded its strongest quarter with gross leasing of 24.6 million sq ft
India's office market recorded its strongest quarter ever in Q2 2026. Gross leasing reached an all-time high of 24.6 million square feet. Developers matched this pace with 21 million square feet of new completions. Global capability centers and flexible space operators drove significant leasing activity. This strong momentum is expected to continue throughout the remainder of 2026.
GIFT City partners with Vietnamese financial institutional firm to exchange knowledge and signs multiple MoUs
GIFT City partnered with Vietnam's VIFC-DN to share financial hub development knowledge. This collaboration will focus on financial services and digital innovation. The Indian financial center also signed MoUs with Tata Communications. These agreements aim to boost GIFT City's appeal for global businesses. Additionally, CEPT University will collaborate on research and urban planning initiatives.
India-origin battery tech powers Offgrid's first UK manufacturing facility
Offgrid Energy Labs has launched its first UK pilot manufacturing facility for its India-developed ZincGel® long-duration batteries. The 10 MWh plant marks the commercial scale-up of the company's proprietary zinc-bromine technology. Offgrid aims to serve global energy storage markets while expanding manufacturing of India-origin battery innovation through an international production network.
Crude oil outlook: Price war, global market share in focus
The Middle East is now entering a different kind of conflict-one driven not by military confrontation, but by the battle for market share in global oil markets.
One attack, one warning: The world's energy lifeline is still vulnerable
An attack on a Qatari LNG carrier in the Strait of Hormuz has raised concerns. This incident suggests ongoing threats to commercial shipping in the vital waterway. Energy markets may face potential repeated disruptions rather than widespread conflict fears. The dispute over Hormuz control remains unresolved, impacting global energy supplies.
India's MRPL books Iraq crude cargo after Strait of Hormuz reopening
Mangalore Refinery has chartered a vessel to load crude oil from Iraq. This marks the first such move by an Indian state-owned refiner since Hormuz reopened. The Aframax tanker Jasmin Joy will load oil from Basrah on July 19-20. Indian refiners faced difficulties securing ships from west of the Strait of Hormuz. This strategic waterway is crucial for global oil and gas supplies.
This smallcap aerospace stock could soar 91%, predicts Nuvama
Nuvama has initiated coverage on Aequs with a 'Buy' rating and a target price of Rs 444, implying a 91% upside. The brokerage expects strong earnings growth, backed by the company's $889 million order book, vertically integrated aerospace manufacturing capabilities, and long-term contracts with global aerospace OEMs.
Titan share price hits new high; global brokerages give 'buy' tag to Rekha Jhunjhunwala portfolio stock post Q1 update
Titan reported a 41% YoY increase in consumer business growth for Q1 FY27, driven by strong demand across various segments. Brokerages remain positive, with CLSA and HSBC reiterating 'Buy' ratings and raising EPS estimates amid the company's expanding retail presence.
China's SAFE Nears $2 Trillion In Assets, Set To Become World's Second-Largest Sovereign Wealth Fund
China's foreign exchange reserves fund has almost doubled its assets since early 2025, driven by gains in global equities and overseas investments.
Gold falls below $4,160 an ounce, silver drops nearly 1%
Gold and silver prices dip after last week's rally. Investors eye US monetary policy, Fed signals, and global commodity markets.