India’s capital markets sector is expected to post good April-June quarter of 2026 (Q1FY27) performance, led by asset management companies (AMCs), while brokers and exchanges could report softer sequential earnings as trading activity moderated. The Nifty gained 6.3% during the quarter, while the Nifty Capital Markets Index surged 23%, supporting mark-to-market gains across the sector….
The Delhi High Court on Thursday, July 9, dismissed a petition filed by former National Stock Exchange (NSE) managing director and chief executive officer Chitra Ramkrishna, challenging the applicability of the definitions of “public duty” and “public servant”, while also upholding the sanction granted for her prosecution by the Central Bureau of Investigation (CBI). A…
Laser Power & Infra IPO: SBI Securities and SMIFS recommend subscribing, citing strong growth prospects, while highlighting customer concentration, execution and raw material risks. (Image: ET Now) Laser Power & Infra IPO: Laser Power & Infra Ltd’s initial public offering (IPO) opened for its three-day subscription window on Thursday (July 9). According to the latest…
Shares of Hyderabad-based drugmaker Dr. Reddy’s Laboratories Ltd. fell as much as 6% on Thursday, July 9, after it informed the exchanges about concerns regarding a delay in the supply of semaglutide. As per the exchange filing, Dr. Reddy’s stated that certain batches of Semaglutide were found to be out of specification due to an…
Shares of Syrma SGS Technology Ltd. gained on Thursday, July 9, after brokerage firm HSBC initiated coverage on the stock, indicating a 28% upside. HSBC has initiated a “buy” recommendation on Syrma SGS with a target price of ₹1,750 per share. It said the company is leading in the electronics manaufacturing services sector and has…
TCS Q1 Results Live Updates: Tata Group’s flagship IT services company, Tata Consultancy Services (TCS), is set to announce its results later in the day (July 9) for the quarter ended June 30. As India’s largest IT services exporter, TCS’s earnings are expected to influence sentiment across the IT index and the broader market. TCS…
JSW Steel on Thursday, July 9, reported a 3% increase in consolidated crude steel production for the June quarter, to 6.59 million tonnes from 6.38 million tonnes a year earlier, driven by higher output from its Indian operations. The company’s consolidated crude steel production increased 2% sequentially from 6.48 million tonnes in the March quarter….
Shares of Kalyan Jewellers India Ltd. climbed as much as 12% on Thursday, July 9, extending gains for a second consecutive session. The rally comes after the company released its first-quarter business update. Brokerage firm Citi also reiterated its ‘Buy’ rating on the stock with a target price of ₹750. Citi said that Kalyan’s India…
Daksh Grover is a journalist who enjoys exploring the world of business and finance, with a particular focus on markets, commodities, and corporate developments. Over the past few years, Daksh has worked in fast-paced newsroom environments where accuracy and speed go hand-in-hand. Whether it’s breaking updates, market trends, or in-depth analytical pieces, he has gained…
Kalyan Jewellers Share Price: Jewellery stock rises 10% post Citi’s strong projection Kalyan Jewellers Share Price: Jewellery stock rise over 12% intraday on Thursday post Citi’s strong projection. The broekrage remained positive on the company’s long-term outlook, expecting its franchise-led, asset-light expansion strategy to support strong revenue growth, balance sheet deleveraging, and a gradual improvement…
