Market News

Scorching summer puts ACs in the driver's seat for Q1 consumer durables sales: Report

The consumer durable sector anticipates a robust first quarter in fiscal year 2026-2027. Strong summer demand and a favorable base are expected to drive significant sales growth. Room air conditioners are projected to lead this expansion with substantial value increases. Washing machines and televisions will also see healthy growth supported by price adjustments. Despite operational challenges, the sector's financial performance is showing signs of recovery.

Fractal Analytics slides after CFO Ashwath Bhat resigns

Fractal Analytics fell 2.75% to Rs 847.15 after the company announced the resignation of Ashwath Bhat from the position of chief financial officer (CFO) and key managerial personnel (KMP) of the company.

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.

Reliance Industries shares in focus as company gets Sebi's warning over alleged insider trading

Reliance Industries received a warning letter from market regulator Sebi. The letter cited alleged insider trading by two employees and a relative. Sebi investigated trades made while possessing unpublished price-sensitive information. The company stated it will address the concerns raised by the regulator. Sebi's warning is cautionary and imposes no financial restrictions.

Jio Financial Services Share Price Live Updates: Jio Financial Services Achieves Price Breakout

Samsung Electronics shares fall 6% despite Q2 operating income being higher than Nvidia in Q4

A full financial statement will be released by Samsung Electronics towards the end of this month, which will include its net profit figure and a break-up of the performance of its various divisions.

FPIs stage strong comeback in financials with record fortnightly inflows in 2026

Foreign investors bought Indian financials worth over fourteen thousand crore rupees. This marked their highest purchase in financials during the second half of June. Overseas investors became net buyers of Indian equities after significant earlier outflows. Global index rebalancing and value purchases boosted renewed investor appetite for financials. Financial services and infrastructure sectors are expected to remain favored by long-term investors.

Private banks write off nearly half of NPAs in FY26, outpace PSBs

"Private banks utilise these write-offs and provisioning buffers to proactively clean up their balance sheets, while public sector banks generally rely more heavily on aggregate long-term or systemic recovery," said Kuntal Sur, partner and leader for risk consulting, financial services and treasury, at PwC India. "Unsecured retail loans in general have shown deteriorations leading to higher write-offs."

Private banks write off nearly half of NPAs in FY26, outpace PSBs

"Private banks utilise these write-offs and provisioning buffers to proactively clean up their balance sheets, while public sector banks generally rely more heavily on aggregate long-term or systemic recovery," said Kuntal Sur, partner and leader for risk consulting, financial services and treasury, at PwC India. "Unsecured retail loans in general have shown deteriorations leading to higher write-offs."

Mission Re-search: Post-doctoral students to be retained in India

The Indian government is developing a plan to retain talented researchers. This initiative aims to offer stronger financial and academic incentives for postdoctoral scholars. The number of research positions will significantly increase over the next decade. Stipends will be enhanced to match international standards, attracting global talent. This strategy seeks to strengthen India's research and development ecosystem.

Mahindra bets on execution as global uncertainty becomes 'structural'

Mahindra Group views global uncertainty as a permanent business feature. The conglomerate will focus on faster execution and calibrated investments. This strategy aims to capitalize on volatility rather than waiting for stability. The group reported its strongest financial performance in FY26. Future investments will target new technologies and manufacturing expansion.

UK Regulator Urged To Curb ChatGPT, Claude, Gemini Influence On Personal Finance Decisions

The review comes as financial regulators around the world grapple with the risks posed by increasingly sophisticated AI systems.