Wall Street opened firmly higher on Monday as easing oil prices lifted investor sentiment ahead of a crucial week featuring earnings from several Big Tech companies and the US Federal Reserve’s policy decision. The Dow Jones Industrial Average climbed 1% in early trade, outperforming peers, while the S&P 500 gained 0.7% and the Nasdaq Composite…
Apple has reclaimed the title of the world’s most valuable publicly listed company, overtaking AI chipmaker Nvidia after its shares rose more than 1% on Monday and headed towards a record-high close. The rally lifted Apple’s market capitalisation to about $4.94 trillion, putting it ahead of Nvidia, whose market value stood at around $4.83 trillion….
Tata Motorson Monday said heavy flooding in Gujarat has temporarily disrupted operations at its Sanand manufacturing plant and supplier facilities, impacting production of several of its key passenger vehicle models. The company said production of the Tiago, Tigor, Nexon and Sierra has been affected due to the floods. The Sanand facility is one of Tata…
The Nifty snapped its five-session losing streak on Monday as easing crude oil prices lifted investor sentiment, helping the benchmark rally 228 points to close just shy of the 24,000 mark. The index opened 161 points higher and extended gains throughout the session, ending near the day’s high at 23,995, up 0.96%. The recovery also…
Foreign institutional investors (FIIs) remained net sellers in Indian equities on Monday, offloading shares worth a provisional ₹1,688.23 crore, while domestic institutional investors (DIIs) extended their buying streak with net purchases of ₹2,329.14 crore. According to provisional exchange data, FIIs bought equities worth ₹11,695.95 crore during the session and sold shares worth ₹13,384.18 crore, resulting…
Tata Sons Executive Chairman N Chandrasekaran received a total remuneration of ₹158.6 crore for FY26, marking his highest annual compensation since the holding company began disclosing directors’ pay in its financial statements. The remuneration comprised ₹17.9 crore in salary and allowances, while ₹140.7 crore was paid as commission, highlighting the performance-linked nature of his compensation….
Top stocks to watch: Earnings remained the key market trigger as several companies announced their June-quarter results, offering fresh cues for investors. Tata Power posted a stronger-than-expected performance, while Tata Chemicals slipped into a loss. Coal India reported steady profit growth, Northern Arc Capital delivered robust earnings and Gravita India maintained its growth momentum. HDFC…
Adani Energy Solutions has set the floor price for its qualified institutional placement (QIP) at ₹1,698.15 per equity share and may offer institutional investors a discount of up to 5% on the floor price. In an exchange filing on Monday, July 27, the company said its QIP Committee authorised the opening of the issue on…
Northern Arc Capital reported a 17.6% year-on-year (YoY) rise in net profit to ₹121.8 crore for the quarter ended June 30, compared with ₹103.6 crore a year earlier. Net interest income (NII), the company’s core income, increased 44.2% to ₹496.1 crore from ₹344.1 crore, while total revenue rose 30% year-on-year to ₹767.5 crore from ₹590.6…
The world’s second-largest soda ash manufacturer, Tata Chemicals Ltd, on Monday (July 27) reported a consolidated net loss of ₹17 crore for the first quarter ended June 30, 2026, against a net profit of ₹252 crore in the corresponding period last year, primarily due to lower realisations, reduced other income and lower joint venture income….
