Sensex today | Stock Market Live updates: On Wednesday, the 30-share BSE Sensex climbed 443.97 points, or 0.58%, to settle at 76,922.64. During the day, it jumped 631.41 points, or 0.82% to 77,110.08. The 50-share NSE Nifty rallied 140.10 points, or 0.59%, to end at 24,005.85. | Photo Credit: istock.com
ensex Today, Nifty 50 | Stock Market Live Updates - Find here all the live updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 2nd July 2026.
Equity benchmarks traded sharply higher in afternoon trade on Thursday, supported by easing crude oil prices following positive geopolitical developments and strong buying in blue-chip information technology stocks.
The BSE Sensex jumped more than 620 points, while the NSE Nifty 50 advanced over 180 points in today’s session from the previous closing levels.
Broader markets outperformed, with the Nifty Smallcap index rising 0.93 per cent and the Nifty Midcap index gaining 0.63 per cent at the time of writing.
All sectoral indices traded in positive territory, with the Nifty IT index emerging as the top performer after surging 4.5 per cent.
- July 2, 2026 15:38
Stock Market Live Updates: Sensex settled 579.48 pts or 0.75% higher at 77,502.12, and Nifty 50 increased by 169.85 pts or 0.71% to 24,175.70.
- July 2, 2026 15:29
Industry update
Talbros Automotive gets into joint venture with Lohum Cleantech
Talbros Automotive has executed a Joint Venture Agreement with Lohum Cleantech Private Limited (the “JV Partner”) for carrying on the business of trading, manufacturing, producing, and refining of recovered Carbon Black (rCB) and devulcanized rubber, through a joint venture company, viz., Lohum Talbros CarbonTech Private Limited.
- July 2, 2026 15:21
Infrastructure
IRB Infrastructure Developers says two of its sponsored platforms to transfer two premium highway assets to IRB InvIT Fund
IRB Infrastructure Developers has announced that its sponsored platforms, IRB Infrastructure Trust and IRB InvIT Fund have executed a Binding Term Sheet to transfer two premium Build-Operate-Transfer (BOT) highway assets to IRB InvIT Fund.
- July 2, 2026 15:17
Ipo
Ratnadeep Retail files DRHP with SEBI for IPO
Ratnadeep Retail Limited, an organised food and grocery and value-fashion retailer, with presence across Andhra Pradesh, Telangana and Karnataka, has filed its draft red herring prospectus (DRHP) with capital markets regulator SEBI to raise funds through an initial public offering (IPO).
According to the DRHP, the proposed IPO of the Hyderabad headquartered company is a combination of a fresh issue of equity shares aggregating up to ₹ 400 crore and an offer for sale (OFS) of up to 1,48,60,000 equity shares by the Promoter Selling Shareholders.
Ratnadeep Retail proposes to utilize ₹ 40 crore from the the Net Proceeds of the Fresh Issue towards repayment/ prepayment of loan facilities availed by the company, ₹ 260 crore for setting up of new stores under the Ratnadeep and National Mart formats, and the remaining amount for general corporate purposes.
- July 2, 2026 14:49
RTI Act applies to NSE: Delhi High Court division bench upholds single judge ruling after 16 years
RTI Act applies to NSE: Delhi High Court division bench upholds single judge ruling after 16 years
Delhi High Court confirms RTI Act applies to NSE, upholding a prior ruling after 16 years of legal proceedings.
- July 2, 2026 14:47
Sensex trades 560.17 pts or 0.73% higher at 77,482.81 at 2.44 pm, and Nifty 50 increases by 174.95 pts or 0.73% to 24,180.80
- July 2, 2026 14:38
Ethos to host the Grand Prix d’Horlogerie de Genève (GPHG) Exhibition in India
- July 2, 2026 14:20
Banking
Bank of Baroda says out-of-court settlement done with joint administrators of NMC Health PLC, NMC Healthcare Ltd and NMC Holding Ltd, and the payment has been settled by Abu Dhabi Branch
- July 2, 2026 14:18
Industry update
Newgen Software Technologies appoints Tarun Nandwani as CEO and Key Managerial Personnel (KMP) for a period of 18 months, with effect from August 1, 2026, to January 31, 2028
- July 2, 2026 14:16
Stock down
NBCC (India) Limited awarded work contract of ₹955.13 crore during the quarter ended June 30, 2026; shares trade at ₹102.72 on the NSE, down 2%
- July 2, 2026 14:15
Industry update
Ajanta Pharma gets Establishment Inspection Report from USFDA for Paithan facility
Ajanta Pharma has received the Establishment Inspection Report (EIR) from the United States Food and Drug Administration (USFDA) for its manufacturing facility at Paithan, Maharashtra. The inspection has been classified as Voluntary Action Indicated (VAI).
- July 2, 2026 14:11
Gold price drops ₹166 to ₹1,44,264/10g in futures trade
Gold price drops ₹166 to ₹1,44,264/10g in futures trade
Gold futures decline to ₹1,44,264 per 10 grams due to reduced spot demand, trading down by ₹166.
- July 2, 2026 13:58
Banking
DBS Bank India offers up to 5.6% per annum on USD FCNR(B) deposits
DBS Bank India has revised the interest rates on its Foreign Currency Non-Resident (Bank) [FCNR(B)] deposits for Non-Resident Indians (NRIs), in line with the Reserve Bank of India’s (RBI) recent announcement. The new rates are effective from 1 July 2026.
The bank will now offer up to 5.6% per annum* on USD FCNR(B) deposits for tenures ranging from three to five years. This provides NRIs with an opportunity to earn attractive returns while maintaining their savings in a foreign currency. Deposits are fully repatriable, with both principal and interest payable in the designated foreign currency, thereby reducing exposure to exchange-rate fluctuations at maturity.
- July 2, 2026 13:50
Ipo
Largest disposable hygiene product contract manufacturer, Swara Baby files DRHP with SEBI for Rs 1000 Crore IPO
Swara Baby, India’s largest contract manufacturer by value in FY25 of disposable hygiene products including baby diapers, adult diapers and sanitary napkins, has filed its Draft Red Herring Prospectus (DRHP) with market regulator Securities and Exchange Board of India (SEBI).
- July 2, 2026 13:48
Silver futures rise to ₹2.31 lakh per kg
Silver prices rose 0.53 per cent to ₹2.31 lakh per kg in the futures trade on Thursday amid firm global trend.
Silver futures rise to ₹2.31 lakh per kg
Silver futures rise to ₹2.31 lakh per kg on MCX, driven by strong global trends and increased trading activity.
- July 2, 2026 13:44
Industry update
Aster DM Quality Care launches after merger of four healthcare brands
Aster DM Quality Care commenced operations following the completion of the merger between Aster DM Healthcare and Quality Care India Limited (QCIL), bringing together four trusted healthcare brands - Aster DM, CARE Hospitals, Evercare and KIMSHEALTH.
- July 2, 2026 13:42
Finance
HDB Financial Services board allotted NCDs aggregating to Rs 1000 crore.
- July 2, 2026 13:38
Companies
Khadim India board has decided to issue convertible equity share warrants aggregating to Rs 11.75 crore; Shares traded at Rs 109.16 on the NSE, up 2%.
- July 2, 2026 13:26
Ipo
Stock Markets LIVE: FirstCry-promoted Swara Baby Products files draft papers for ₹1,000-crore IPO
Swara Baby Products, a contract manufacturer of baby diapers, adult diapers and feminine hygiene products backed by FirstCry, on Thursday filed draft papers with markets regulator Sebi to raise ₹1,000 crore through an initial public offering (IPO).
The proposed IPO comprises a fresh issue of equity shares aggregating up to ₹500 crore and an offer for sale (OFS) valued at ₹500 crore by promoters, according to the draft red herring prospectus (DRHP).
Read more here - July 2, 2026 13:17
Stock market
IT surge powers Nifty past 24,100; crude below $68 lifts sentiment
IT surge powers Nifty past 24,100; crude below $68 lifts sentiment
Nifty climbs past 24,100 driven by IT stocks, while crude oil dips below $68, boosting market sentiment.
- July 2, 2026 13:16
Stock Markets Live: Crompton Greaves Wins ₹29.77 Crore Solar Water Pump Order from MSEDCL
Crompton Greaves Consumer Electricals has received an letter of empanelment and rate contract from Maharashtra State Electricity Distribution Company for design, manufacture, supply, transport, installation, testing & commissioning of Off-grid DC Solar Photovoltaic Water Pumping Systems (“SPWPS”) under MTSKPY/ PM-KUSUM-B scheme at various location across the State of Maharashtra with total order value of ₹ 29.77 Crore.
Shares up 1.35% to Rs 273.20 on the NSE.
- July 2, 2026 13:11
Companies
Tata Steel flags regulatory challenges in Netherlands
- Tata Steel Chair: In Netherlands, operating environment has become challenging with certain environmental regulations exceeding EU standards
- Tata Steel Chair: Co actively engaging with Dutch government, relevant stakeholders to develop forward pathway for Tata Steel Netherlands
- Tata Steel Chair: Some of Tata Steel Netherland’s legacy assets, viable solutions are not currently feasible within regulatory accepted timelines (Reuters)
- July 2, 2026 13:08
Gradiente Infotainment Signs MoU with Sravya Films for LGBT – A Legal Battle
Gradiente Infotainment has entered into a Memorandum of Understanding with “Sravya Films” to associate itself as the Presenter of the feature film titled “LGBT – A Legal Battle.
- July 2, 2026 12:53
Stock market
Stock Market Live updates: Sensex crosses 77,400 level, Nifty gains 150 points as softer crude prices and IT buying lift sentiment
Equity benchmarks traded sharply higher in afternoon trade on Thursday, supported by easing crude oil prices following positive geopolitical developments and strong buying in blue-chip information technology stocks.
The BSE Sensex jumped more than 520 points, while the NSE Nifty 50 advanced over 150 points in today’s session from the previous closing levels.
At 12.38 pm, Sensex traded 370.25 points or 0.48 per cent higher at 77,292.89, and Nifty 50 increased by 116.50 points or 0.49 per cent to 24,122.35.
Read the full report here - July 2, 2026 12:48
Stock market Live updates: Ratnadeep Retail files IPO papers with SEBI; intends to raise ₹400 crore via fresh issue
Ratnadeep Retail files IPO papers with SEBI; intends to raise ₹400 crore via fresh issue
Ratnadeep Retail files IPO with SEBI to raise ₹400 crore for expansion and debt repayment, enhancing its retail network.
- July 2, 2026 12:47
Stock up
Stock in Focus: Bank of India: Global business crossed 17.55 lakh crore in June 2026
Shares up 2% to Rs 144.14 on the NSE.
- July 2, 2026 12:47
Stock up
Kernex Microsystems (India) announced commissioning of Kernex-built Kavach System on North Central Railway’.
Shares up 1% to Rs 2318.90 on the NSE.
- July 2, 2026 12:46
India ramps up share sale plans to cushion budget hit from oil
India ramps up share sale plans to cushion budget hit from oil
India accelerates stake sales in major state-owned firms to stabilize finances impacted by high oil prices.
- July 2, 2026 12:46
Stock up
Stock Market LIVE: Infosys, Coforge lead IT stocks rebound, Nifty IT climbs 4.5% after 4-day losing streak
Infosys Ltd shares surged nearly 6 per cent on Thursday, leading a sharp rebound in information technology stocks as investors lapped up beaten-down counters after a recent sell-off.
The Nifty IT index climbed 4.5 per cent to emerge as the top-performing sector, snapping a four-session losing streak despite continued weakness in global technology stocks and lingering concerns over discretionary technology spending, macroeconomic uncertainty and the long-term impact of artificial intelligence on traditional IT services business models.
Infosys traded at ₹1,038.50 on the NSE at 12.09 pm after touching an intraday high of ₹1,040.60, up from its previous close of ₹985.30. The stock had hit a fresh 52-week low of ₹982.40 in the previous trading session before staging the recovery.
Read more here - July 2, 2026 12:26
Stock market
Stock Markets today LIVE: Foreign inflows, lower oil prices help Indian bond traders look past US Treasury selloff
Indian government bonds gained in early trade on Thursday, shrugging off a jump in US Treasury yields, supported by easing oil prices and growing foreign appetite in anticipation of their potential inclusion in a Bloomberg bond index.
The benchmark 6.94 per cent 2036 bond yield traded at 6.7207 per cent by 11:15 a.m. IST, down from its 6.7563 per cent close on Wednesday. Bond yields move inversely to prices.
Foreign inflows, lower oil prices help Indian bond traders look past US Treasury selloff
Indian bonds rise as foreign inflows and lower oil prices offset U.S. Treasury selloff, boosting investor confidence.
- July 2, 2026 12:25
Banking
Standard Chartered Processes India’s First Swift Retail Payment in 37 Seconds
Standard Chartered today announced that it has processed a remittance payment under the new retail payments scheme from Swift. In a world-first, Westpac (Australia) sent a transaction to India via Standard Chartered via this scheme. Leveraging its advanced capabilities in India, Standard Chartered enabled near real-time credit to the beneficiary bank, demonstrating a major leap in the country’s payment ecosystem.
This transaction was completed in 37 seconds end-to-end. This reiterates the Bank’s ability to complete an end-to-end transaction with any participating bank in India in record time using Swift rails. As well as the fastest possible settlement time, Swift’s retail payments scheme delivers benefits to both senders and receivers of international payments, including end-to-end transparency so that a payment can be tracked, upfront certainty of cost with no hidden fees, and no surprise FX deductions, so that the amount that is sent is exactly what lands in the beneficiary’s bank account.
At an event hosted by Swift in collaboration with the Indian Banks’ Association, focused on modernising payments, P D Singh, CEO, India & South Asia, Standard Chartered was felicitated to mark the achievement as the first bank in India to process a payment under the Swift scheme.
- July 2, 2026 12:11
Companies
Stock Markets Live updates: Adani Group, UAE's IHC plan $11.5 billion aluminium project in Odisha
Abu Dhabi’s International Holding Company plans to invest $11.5 billion in an integrated aluminium project in India’s eastern state of Odisha through a joint venture with Adani Group, a state official said on Thursday, marking the country’s largest foreign investment in the metals sector.
Under the Memorandum of Understanding (MoU), IHC and India’s Adani Group will each hold a 50 per cent stake in the venture, which will comprise a refinery, smelter,... Read more here
Adani Group, UAE's IHC plan $11.5 billion aluminium project in Odisha
Adani and UAE's IHC announce $11.5 billion aluminium project in Odisha, creating 53,500 jobs and boosting local production.
- July 2, 2026 12:09
Ipo
Carlsberg reported to have filed draft papers for IPO to raise $700 million
Carlsberg A/S has confidentially filed draft papers for an initial public offering of its India unit to raise as much as $700 million, according to people familiar with the matter.
The listing is expected to comprise a secondary share sale by the Danish brewer and could take place later this year, sources said... Read more here
- July 2, 2026 12:03
Banking
Kotak Mahindra Bank Takes Over ₹9,587 Crore Loan Portfolio from KMIL
Kotak Mahindra Bank informed that the loan portfolio of Kotak Mahindra Investments Limited (KMIL), aggregating to an outstanding amount of Rs. 9,587.62 crore as on July 1, 2026, stand directly assigned to the Bank, with effect from the same date
- July 2, 2026 12:01
Stock market
Markets at 12 pm
Sensex off day’s high. At 12:00, Sensex climbed 284.96 points to 77,207.60, while Nifty 50 gained 94.10 points to 24,099.95
- July 2, 2026 11:57
Motilal Oswal MF Launches ‘Motilal Oswal BSE Midcap 150 Momentum 30 Index Fund’
The NFO opens on July 3, 2026 and closes on July 17, 2026
- July 2, 2026 11:56
Invesco Mutual Fund Enters SIF Category with ‘Summit SIF’ Brand Launch
Invesco Mutual Fund today announced its entry into Specialized Investment Fund (SIF) category under the brand name Summit SIF . Marking entry into SIF, it further announced launch of its first SIF investment strategy, the Summit Equity Long-Short Fund (An open ended equity investment strategy investing in listed equity and equity related instruments including limited short exposure in equity through derivative instruments).
- July 2, 2026 11:51
Stock up
HEC Infra Projects received work order for Rs 48 crore from BPCL Ltd.
HEC shares surged 6% to Rs 136.39 on the NSE
- July 2, 2026 11:51
TVS Launches All-New Callisto 110 Scooter in Jakarta
- July 2, 2026 11:50
Mirae Asset Launches Two Midcap Momentum ETFs via New Fund Offers
Mirae Asset Investment Managers (India) Pvt. Ltd. is launching two New Fund Offers (NFOs) - Mirae Asset BSE Midcap 150 Momentum 30 ETF and Mirae Asset BSE Midcap 150 Momentum 30 ETF FOF.
The NFOs for both funds will open for subscription on July 6, 2026. The NFO for Mirae Asset BSE Midcap 150 Momentum 30 ETF will close on July 13, 2026, and the same for and Mirae Asset BSE Midcap 150 Momentum 30 ETF FOF will close on July 20, 2026. The schemes re-opens from July 17, 2026, and July 24, 2026, respectively.
- July 2, 2026 11:50
PNB MetLife launches new ULIP fund at ₹10 NAV for long-term investors
PNB MetLife India Insurance Company Limited (PNB MetLife) has launched the PNB MetLife Enhanced Value Index Fund (SFIN: ULIF04301/07/26ENHANVALUE117)[2], a new market-linked fund available through its Unit Linked Insurance Plans (ULIPs)[3]. The fund combines equity market participation with life insurance protection and is designed for Indian customers seeking long-term capital growth through disciplined investing.
The fund will be offered during a New Fund launch period from July 1 to July 13, 2026, at an initial NAV of ₹10 per unit[4], providing customers with an accessible way to participate in equity markets. Customers can invest in the fund through the PNB MetLife website and Policybazaar.
The launch responds to the growing need among Indian customers for accessible and goal-oriented financial planning solutions that balance market participation with long-term financial security. By focusing on value-oriented equity exposure, it aims to help customers navigate market cycles and stay invested for outcomes such as retirement planning and wealth accumulation
- July 2, 2026 11:49
North Eastern Carrying Corporation Promoter Utkarsh Jain Invests in SG Green Logistics
North Eastern Carrying Corporation: Utkarsh Jain, Promoter and Director of the Company, has acquired shares in SG Green Logistics Private Limited in his individual capacity.
- July 2, 2026 11:48
United Drilling Tools received a repeat order from Vedanta Ltd for Rs 3.88 crore.
United Drilling Tools stock traded 5% higher at Rs 217.95 on the NSE.
- July 2, 2026 11:32
Companies
Stock Markets today | TVS Motor June sales jump 47% to 5.9 lakh units
TVS Motor June sales jump 47% to 5.9 lakh units
TVS Motor Company reports a 47% sales increase in June 2026, reaching 5.9 lakh units, driven by strong two-wheeler demand.
- July 2, 2026 11:24
Commodities
Commodity Call: Zinc futures can drop
Traders can go short on July contract
Zinc futures can drop
Traders can go short on July contract
- July 2, 2026 11:15
Goldiam International stock up 1% to Rs 453 on the NSE, following shareholders approval for issue of bonus equity shares in the ratio of 1:3, to be executed on July 10 2026
- July 2, 2026 11:14
Companies
BPCL shares surged 3% to Rs 312.60 on the NSE. Its arm BPRL Ventures executed definitive agreements to acquire the entire shareholding of Videocon Energy Brazil in IBV Brazil Petroleo Limitada
BPCL signs definitive agreements to fully acquire Brazil-based oil and gas firm
BPCL signs agreements to fully acquire Brazil's IBV Petroleo, boosting its oil and gas operations in the region.
- July 2, 2026 11:14
Aeroflex Industries stock traded flat on the NSE at Rs 486. Company enhanced the production capacity of its liquid cooling SFN skid assemblies from 6,000 pieces per annum to 9,000 pieces per annum
- July 2, 2026 11:09
Hero, Ather and Greaves drive 58% of India’s incremental electric two-wheeler sales in H1 CY26
India’s electric two-wheeler market is no longer driven by its leaders alone. An analysis of Vahan retail registration data by businessline shows Hero MotoCorp, Ather Energy, Greaves Electric Mobility, River and BGauss together contributed 190,054 of the industry’s 325,286 additional electric two-wheelers sold during H1 CY26, accounting for 58.4% of incremental sales.
Hero, Ather and Greaves drive 58% of India’s incremental electric two-wheeler sales in H1 CY26
Hero, Ather, and Greaves boost India's electric two-wheeler sales to 58%, reshaping the competitive landscape in H1 CY26.
- July 2, 2026 11:05
J&K Bank hits ₹3 lakh crore business mark on 16% deposit growth
The Jammu and Kashmir Bank on Thursday said its total business has crossed the ₹3 trillion mark in the first quarter of this fiscal, driven by over 16 per cent growth in deposits and more than 25 per cent growth in gross advances.
J&K Bank hits ₹3 lakh crore business mark on 16% deposit growth
J&K Bank surpasses ₹3 trillion in total business, achieving over 20% growth driven by 16% rise in deposits.
- July 2, 2026 10:50
Aurobindo Pharma completes transfer of its domestic branded generic pharmaceutical formulations products business to Auropharm Ltd, a wholly-owned subsidiary; shares flat at Rs 1,551.90 on NSE
- July 2, 2026 10:49
Zee Entertainment clarified it has no knowledge of the basis of a report stating its shares rose after a ₹418 crore FDI approval
Zee Entertainment clarified that it has no knowledge of the basis of a report stating its shares rose after a ₹418 crore FDI approval. The company said there was no investment by OFI Global China Fund LLC during the period mentioned and reiterated that it has complied with SEBI Listing Regulations and will continue to make all required disclosures.
Shares traded 3% lower at Rs 104.73 on the NSE,
- July 2, 2026 10:37
Abans Financial Flags CERT-In Alert on Suspected Ransomware Incident
Abans Financial received an email from the Indian Computer Emergency Response Team (“CERT-In”) on June 30, 2026, flagging a probable ransomware attack. Upon preliminary investigation, the Company has ascertained that the incident does not pertain to the Company’s own IT systems but pertains to the IT infrastructure of the Company’s overseas subsidiaries. “The incident has not impacted the business continuity of the Company and its subsidiaries and has not had any material impact on the Company and its subsidiaries,” the company said.
- July 2, 2026 10:36
Companies
Zee Entertainment plans ₹3,143-crore warrant issue for promoter group
Zee Entertainment Enterprises Ltd (ZEEL) on Wednesday announced that its board approved the issuance of up to 24,94,85,563 fully convertible warrants to Sunbright Mauritius Investments Ltd, a promoter group entity, at ₹126 per warrant, aggregating to approximately ₹3,143.51 crore.
The warrants will be issued on a preferential basis. Subscribers must pay 25 per cent of the issue price — ₹31.5 per warrant — upfront, with the remaining 75 per cent (₹94.5) payable on exercise. Read more here
- July 2, 2026 10:32
Stock market
Nifty Prediction Today – July 2, 2026: Nifty futures: Loses initial gain, traders should stay cautious
Nifty 50 began today’s session with a gap-up at 24,062 versus yesterday’s close of 24,006. The index gained further after opening and is now hovering around 24,125, up about 0.5 per cent.
The advance/decline ratio stands at 34/16, showing a bullish bias.
Nifty Prediction Today – July 2, 2026: Nifty futures: Loses initial gain, traders should stay cautious
Nifty forecast for July 2, 2026: cautious optimism as futures hover around 24,125; key resistance at 24,250.
- July 2, 2026 10:31
Stock up
Stock to watch: Tata Tech shares up 4.5% after signing deal with Tenneco
Tata Technologies and Tenneco LLC, one of the world’s leading designers, manufacturers, and distributors of advanced mobility products for original equipment (OE) and aftermarket customers, marked a significant milestone in their global partnership, reinforcing their shared commitment to scaling future ready capabilities from India. Read the detailed report here
Tata Tech shares surged 4.5% to Rs 700.85 on the NSE
- July 2, 2026 10:29
Companies
Stock market today | Hero MotoCorp lays foundation for second global parts centre in Tirupati
Hero MotoCorp shares flat at Rs 4,809.90 on the NSE on attaining a pivotal milestone in its nation-building mission with the Foundation Stone Laying Ceremony for its second Global Parts Centre (GPC) in Tirupati, Andhra Pradesh
- July 2, 2026 10:28
Companies
Lupin Gets EMA Nod for NaMuscla Marketing Authorisation Update; Shares Flat
Lupin shares flat at Rs 2398.90 on the NSE. European Medicines Agency (EMA) approved a change to the terms of marketing authorisation for NaMuscla, supported by the Pediatric Investigation Plan (PIP).
- July 2, 2026 10:27
Stock up
Stock in focus: Deccan Gold Mines stock up 2%
Deccan Gold Mines stock up 2% to Rs 191.99 on the NSE. Company completed documentation to secure a short-term debt funding facility of ₹20 Crore from Chhattisgarh-based Hira Infra Tek Limited.
- July 2, 2026 10:27
Stock up
Stock Market LIVE: Iris Clothings enters newborn gift segment, stock hits 52-week high
Iris Clothings Ltd on Thursday announced the launch of a Newborn Gift Set range, expanding its kidswear portfolio into the infant gifting segment, as its stock touched a 52-week high of ₹45.44 on the National Stock Exchange. Read more here
- July 2, 2026 10:26
Commodities
Crude oil trades lower as US and Iran conclude indirect talks
Crude oil futures traded lower on Thursday morning after the US and Iran concluded their indirect talks in Qatar without reaching an agreement.
At 10.02 am on Thursday, September Brent oil futures were at $70.83, down by 1.03 per cent, and August crude oil futures on WTI (West Texas Intermediate) were at $67.84, down by 1.08 per cent. July crude oil futures were trading at ₹6469 on Multi Commodity Exchange (MCX) during the initial hour of trading on Thursday against the previous close of... Read more here
Crude oil trades lower as US and Iran conclude indirect talks
Crude oil prices fall as US-Iran talks end without agreement, with Brent at $70.83 and WTI at $67.84.
- July 2, 2026 10:25
Stock up
Stock Market Live: POCL Enterprises to acquire 51% stake in Trichy Metals & Alloys; stock jumps 4%
The board of POCL Enterprises Ltd approved the acquisition of a controlling 51% stake in Trichy Metals and Alloys Private Limited (TMA). Shares surged over 4% to Rs 174.65 on the BSE.
- July 2, 2026 10:23
Companies
Faze Three bags PLI scheme approval for MMF fabrics, technical textiles
Faze Three shares flat at Rs 602.60 on receiving approval under Production Linked Incentive (PLI) Scheme of Government of India in the MMF Fabrics and Technical Textiles segment.
- July 2, 2026 10:22
Stock up
Stock Market Live Today | Srivasavi Adhesive Tapes jumps 2.5% after signing 5-year deal with a global MNC
Srivasavi Adhesive Tapes stock up 2.5% to Rs 68.50 on the NSE. Company signed a five-year agreement to manufacture woven fabrics for a global multinational company (MNC).
- July 2, 2026 10:21
Stock Market LIVE: DEV IT bags ₹2.79 crore order from GIFT City; shares flat at ₹28.37
DEV Information Technology shares flat at Rs 28.37on the NSE. Company received a work order worth Rs 2.79 crore from Gujarat International Finance TecCity Company Ltd.
- July 2, 2026 10:20
Stock down
Stock Market Live Updates: CSM Technologies lists flat at ₹113, slips 5% to lower circuit after debut
CSM Technologies Ltd made a flat stock market debut on Thursday, listing at ₹113 per share on both the NSE and BSE, matching its IPO offer price. Within minutes of listing, the stock declined 5 per cent to hit its lower circuit of ₹107.35 on the exchanges. The muted listing came after the company’s initial public offering was subscribed 1.36 times.
The ₹145.78-crore initial public offering received bids for 1,51,27,068 shares against 1,11,30,880 shares on offer, translating into ... Read more here
- July 2, 2026 10:17
Stock up
Sai Parenterals Gains 3% as Arm Noumed Renews Exclusive OTC Supply Deal in Australia
Sai Parenterals stock traded over 3% positive at Rs 633 on the NSE after hitting a 52-week high of Rs 706. Company announced that its Australian subsidiary, Noumed Pharmaceuticals Pty Ltd, has successfully renewed its long-term exclusive OTC Medicines Supply Agreement with one of Australia’s leading, multi-billion-dollar pharmacy chains with an expanded product portfolio.
- July 2, 2026 10:11
Haitong India Research | Life Insurance: 10-Year Review of Embedded Value Metrics
* Sector RoEVs for most listed players have seen a sharp fall, with FY26 showing the lowest RoEV figures in their last 10-year history of reporting this metric to investors.
* Fall from FY23-26 was a function of a sharp fall in VNB margin as non-par product mix peaked in FY23 and came down since owing to taxation change, with FY26 also hit by one-off GST and labor code impact.
* VNB/EV yields usually come down as companies become bigger, illustrated by LIC and Canara Life having similar VNB margins (~21-22%) but vastly different VNB/EV metrics (LIC at 1.8% vs Canara Life at 10.3%).
* Operating variances and assumption changes, which used to be a significant 15-25% positive contributor to EVOP a decade back, have almost vanished and in some cases turned negative.
* FY26 RoEVs are likely the bottom; improvement going forward will be driven by strong retail protection growth post-GST removal in H2FY26, higher rider attachment, and higher sum assured on savings products.
- July 2, 2026 10:11
Haitong India Research | Initiation Coverage: CarTrade Tech (CARTRADE IN): Expanding the Automotive Value Chain Through AI and Embedded Finance
* Strategic shift from lead generation towards monetising the entire automotive transaction lifecycle through financing, inspections, AI subscriptions, escrow and logistics.
* Built significant scale with 150 Mn+ annual users, 76 Mn monthly visitors, 63% of India’s used-car listings, 2.3 Bn annual chats and 95%+ organic traffic.
* IDFC FIRST Bank partnership unlocks embedded finance opportunity, enabling fee-based loan origination without balance-sheet risk in a low-penetrated used-car financing market (20–30% vs 75–80% for new vehicles).
* Revenue, EBITDA and EPS expected to register CAGRs of 20.06%, 30.6% and 25.44% over FY26-FY29E, with EBITDA margin improving from 32.9% in FY26 to 42.52% by FY29E.
Our View: At the current market price, the stock trades at an attractive 31x FY26 EV/EBITDA; target price arrived at INR 3,315 by assigning segment-wise multiples and adding net cash
- July 2, 2026 10:10
Stock market
CSM Technologies stock made flat debut on NSE, BSE at Rs 113.
- July 2, 2026 10:08
Forex
Rupee today | Rupee gains 26 paise to 94.90 against US dollar in early trade
The rupee appreciated 26 paise to 94.90 against US dollar in early trade on Thursday, supported by easing crude oil prices.
Forex traders said the rupee opened on a positive note as crude oil prices have fallen back to levels seen before the West Asia conflict. Even global risk sentiment has stabilised compared to the panic witnessed a few weeks ago.
Foreign investors poured nearly USD 5.3 billion into Indian bond markets during June, marking the first month of positive inflows after three consecutive months of outflows, they said.
Rupee gains 26 paise to 94.90 against US dollar in early trade
The rupee appreciated 26 paise to 94.90 against US dollar in early trade on Thursday, supported by easing crude oil prices.
- July 2, 2026 10:04
IRIS Clothings Expands Its Footprints in the Growing Newborn Gift Segment
- July 2, 2026 10:03
Stock market
Markets at 10 am
At 10:02, Sensex gained 376.69 points (+0.49%) to 77,299.33, Nifty jumped to 24,119.05, up 113.20 points (0.47%)
- July 2, 2026 09:48
Stock up
Borosil Starts Vacuum Flask Manufacturing Unit in Rajasthan; Shares Up 2%
Borosil shares up 2% to Rs 241 on the NSE. Company commenced manufacturing unit for vacuum insulated stainless-steel flasks, bottles and containers in the state of Rajasthan through the Company’s arm Stylenest India.
- July 2, 2026 09:48
Stock market
Sensex climbs 500 pts
- July 2, 2026 09:48
Airtel Money Begins Commercial Operations as NBFC-ND-ICC Entity
Airtel Money, subsidiary of Bharti Airtel, commenced commercial operations as a Type II non-deposit accepting non-banking financial company (NBFC-ND-ICC).
Bharti Airtel shares flat at Rs 1855 on the NSE.
- July 2, 2026 09:45
Stock market
IT stocks lead Nifty rebound as crude slips below $71; Sensex reclaims 77,000
Markets opened higher on Thursday, with the Sensex rising 365 points to 77,287.95 from its previous close of 76,922.64, opening at 77,083.14. The Nifty 50 gained 100 points to trade at 24,106.20, after closing at 24,005.85 on Wednesday and opening at 24,062.20.
IT stocks led the charge on the Nifty, with Infosys jumping 4.10 per cent to ₹1,025.70 from its previous close of ₹985.30, HCL Technologies rising 3.77 per cent to ₹1,073.20 from ₹1,034.20, and TCS .... Read more here
IT stocks lead Nifty rebound as crude slips below $71; Sensex reclaims 77,000
IT stocks propel Nifty's rebound as crude oil falls below $71, leading Sensex to reclaim 77,000 points.
- July 2, 2026 09:40
Stock in focus: Coal India bags ₹2,831 crore order for 600 MW solar project from Bundelkhand Saur Urja
Coal India shares flat at Rs 436 on the NSE, company secured a significant order worth Rs 2,831.11 crore from Bundelkhand Saur Urja Limited for the development of a 600 MW solar power project.
- July 2, 2026 09:40
Commodities
Adani Energy Board approves raising funds for up to ₹10,000 cr
Adani Energy shares flat at Rs 1518 on the NSE. Board approved raising of funds for an amount not exceeding Rs 10,000 cr.
- July 2, 2026 09:37
Stock up
GK Energy Wins ₹48.02 Crore Rooftop Solar Order for 10 MW Project Across 1,150 Sites
GK Energy (formerly known as GK Energy Private Limited, GK Energy Marketers Private Limited) has received an allotment of 10 MW of Rooftop Solar Projects which includes proposed installation at 1150 locations. The total value of the order is Rs. 48.02 Crore which is to be executed within 90 days.
Shares up 1.5% on the NSE to Rs 140.
- July 2, 2026 09:36
Stock market
Nifty IT up over 3%, all counters in green
Coforge, MphasiS, Infosys, HCL Tech and Persistent Systems lead gainers.
- July 2, 2026 09:27
Stock market
Top gainers and laggards of Nifty 50
Top gainers of NIfty 50: Infosys (+4.13%), HCL Tech (+3.75%), TCS (+3.07%), Tech Mahindra (+2.59%)
Top losers: NTPC (-1.23%), Bajaj Finance (-0.80%), Power Grid (-0.78%), ONGC (-0.74%)
- July 2, 2026 09:26
Companies
Tata Technologies extends ties with Tenneco; eyes $100 million investment over 5 years
Product engineering and digital solution provider Tata Technologies on Wednesday announced expanding partnership with global automotive component manufacturer Tenneco, which is expected to invest $100 million in this engagement over the next five years.
The agreement was signed on June 30 at the Tata Group’s headquarters in the financial capital, and the two partners reaffirmed their commitment to advancing technical excellence, digital innovation, and long-term growth, Tata Technologies said in a statement.
Tata Technologies extends ties with Tenneco; eyes $100 million investment over 5 years
Product engineering and digital solution provider Tata Technologies on Wednesday announced expanding partnership with global automotive component manufacturer Tenneco, which is expected to invest $100 million in this engagement over the next five years.
- July 2, 2026 09:25
Gold silver
Commodities Commentary | Manav Modi Commodities, Analyst, Motilal Oswal Financial services Ltd
Gold prices traded largely steady as investors remained cautious ahead of the closely watched U.S. nonfarm payrolls report, which is expected to provide fresh direction on the Federal Reserve’s interest rate outlook. While recent data showed softer-than-expected private sector hiring and a decline in corporate layoffs, resilient labour market conditions continue to support expectations that the Fed will maintain a hawkish stance.
Fed Chair Kevin Warsh reiterated the central bank’s commitment to its 2% inflation target and signalled that policymakers remain prepared to tighten policy further if required, keeping Treasury yields elevated. However, he also mentioned that inflation pressures are easing from what they were 4 months back.
Meanwhile, easing oil prices following progress in U.S.-Iran technical negotiations have reduced immediate inflationary concerns, although markets continue to monitor developments in the Middle East closely. Report from WGC, mentioned that the second half of the year could prove pivotal for bullion, with interest rate expectations and geopolitical developments likely to remain key drivers.
Investors will now focus on the U.S. nonfarm payrolls report, unemployment rate, and wage growth data, alongside ongoing U.S.-Iran negotiations, for further clarity on monetary policy and the near-term direction of gold prices.
- July 2, 2026 09:24
Companies
TVS Motor Hits Record Q1 FY27 Sales at 16.31 Lakh Units; Shares Gain 2%
TVS Motor Company (TVSM), part of TVS VENU, registered its highest ever quarterly sales of 16.31 Lakh units during the first quarter of the FY 2026-27. Twowheelers registered a growth of 27% with sales of 15.64 Lakh units in the first quarter of FY 2026-27 as against 12.32 Lakh units in the first quarter of FY 2025-26. Three-wheelers registered a growth of 48% with sales of 0.67 Lakh units in the first quarter of FY 2026-27 as against 0.45 Lakh units in the first quarter of FY 2025-26. Total international business registered a growth of 33% with sales of 4.68 Lakh units in the first quarter of FY 2026-27 as against 3.52 Lakh units in the first quarter of FY 2025-26
TVS Motor shares up 2% to Rs 3,581.70 on the NSE.
- July 2, 2026 09:24
Companies
Bajaj Auto June 2026 Sales Jump 28% to 4.63 Lakh Units; Stock Flat
Bajaj Auto: Total sales in June 2026 stood at 4,63,202 units compared to 3,60,806 units in June 2025. Read the full story here
Shares flat at Rs 9892.50 on the NSE.
- July 2, 2026 09:23
Glenmark Advances Global Phase 3 Trial of Trastuzumab Rezetecan in Ovarian Cancer
Glenmark Advances Multi-Country Phase 3 Clinical Trial of Trastuzumab rezetecan in Platinum-Resistant Ovarian Cancer
Shares flat at Rs 2,158.10 on the NSE.
- July 2, 2026 09:22
Stock in Focus: APSEZ
APSEZ handles cargo volume of 46.8 MMT in Jun’26 (+13%), Q1FY27 cargo volume at 138.1 MMT (+15%)
Shares flat at Rs 1856.50 on the NSE.
- July 2, 2026 09:21
Stock market
Markets open in green
BSE Sensex gained 222.48 pts or 0.29% to 77,145.12 at 9.16 am after opening at 77,083.14 from the previous close of 76,922.64. Nifty 50 was up 77.60 pts or 0.32% to 24,083.45.
- July 2, 2026 09:12
Gold silver
Gold rises on soft jobs data and weaker oil as focus shifts to US payrolls
Gold prices rose on Thursday, supported by softer than expected jobs data and lower oil prices, while the market’s focus turned to today’s US payrolls report for fresh cues on the Federal Reserve’s trajectory.
Spot gold rose 0.7 per cent to $4,057.92 per ounce, as of 0251 GMT, after touching its highest level since June 23 in the previous session. US gold futures for August delivery inched 0.3 per cent lower to ... Read more here
- July 2, 2026 09:10
Forex
Rupee opens up 0.34% at 94.92 per US dollar; Previous close 95.24
- July 2, 2026 08:48
Expert Take | Cryptocurrency | Vikram Subburaj, CEO, Giottus.com
Bitcoin reclaimed the $60,000 mark in early Asian trading on Thursday after falling close to $58,300 during the previous session. CoinMarketCap placed Bitcoin near $60,150, up about 2.4 per cent over the past 24 hours. Reuters reported a slightly earlier price of $59,935.The recovery has improved near-term sentiment, but does not yet confirm a broader trend reversal.
Immediate support is seen at $59,000, followed by the $58,200–58,300 zone, close to Bitcoin’s latest 24-hour low. A sustained break below this area could revive selling pressure. Resistance is visible at $60,500 and then $61,000–61,200. Bitcoin needs to close decisively above the upper band to establish stronger recovery momentum.
On-chain indicators remain mixed. Glassnode reported subdued transfer volumes and fee generation. This suggests weak speculative participation, even as Bitcoin supply continued to migrate towards longer-term holders. Separately, on-chain data showed that around 10.83 million BTC were being held at an unrealised loss. Long-term holders controlled roughly 14.8 million BTC. This reflects considerable investor stress, but also continued conviction among established holders.
Institutional demand remains soft. US spot Bitcoin ETFs recorded net outflows of $76.6 million on July 1, following $222.6 million of outflows on June 30. July 2 flows were not yet available because the US trading session had not begun.
Ethereum traded near $1,616, BNB at $549, XRP at $1.05, Solana at $78 and TRON at $0.316. Solana led the major altcoins, rising nearly 6 per cent over 24 hours.
Our advice: Bitcoin must hold above the $58,200–59,000 support region and reclaim the $60,500–61,200 resistance zone to strengthen the near-term outlook. A sustained recovery in spot Bitcoin ETF inflows would also be needed to confirm renewed institutional demand. Until these conditions improve, Bitcoin may remain volatile. It could also remain highly sensitive to U.S. labour market data. Inflation readings and changing Federal Reserve rate expectations will also remain key market drivers .Investors should avoid chasing short-term rallies, maintain disciplined risk limits and consider staggered accumulation during periods of weakness.
- July 2, 2026 08:47
Expert Talk | Vikram Kasat, Head Advisory, PL Capital
Weak Wall Street cues, crosscurrents on macros; rising USD index and bond yields offset by lower crude prices may dominate trade set up on Dalal Street. Indian indices may continue to see some more recovery and once IT names that are at extreme oversold zones stabilize both Sensex and Nifty may take on near term resistance zones. Meanwhile, participants may continue to scout for opportunities in broader markets on rotational basis ahead of start of Q1 results season.
Tug-of-War US Software and semiconductor stocks ripped the major U.S. indexes in two different directions. Chips won this time, and dragged the indexes down with them.
Nasdaq fell 0.7%. S&P 500 fell 0.2%. Dow Jones was down 14 points, or essentially flat.
Nifty 24005.85
Strong Support: 23800
SECTOR WATCHLIST
- Strong Q1 Update-JTL Industries, V2 Retail, J&K Bank
- OMC, Crude Sensitives-Oil Extends Decline
- FMCG-Strong Technical Setup
- Gold Financing Stocks-Reversal Likely-Price Up After Fed Chair Commentary
- Adani Energy-Board approves raising Rs 10,000cr
- July 2, 2026 08:45
Stock Markets today | Auto sector Outlook
Macquarie on Auto Sector
- June 2026: Demand momentum remains strong
- PV leads demand growth; 2W demand stays firm
- June wholesale sales remained firm & retail volumes confirm underlying demand
- Q1 margins will be muted; focus shifts to Q2 margin outlook
- TVS and M&M are top picks
Morgan Stanley on Auto Sector
- June 2026 – Retail Growth Trajectory Remains Strong
- Retail sales trend in June 2026 remained healthy across PVs, 2Ws, CVs and Tractors
- EV penetration continued to improve across segments
- Falling commodity costs, healthy volume growth support margin improvement
- Maruti, M&M and TVS remain preferred Overweight
Jefferies on Auto Sector
- Strong Growth Momentum in June
- Indian auto industry witnessed strong volume growth across segments in June
- Estimate that wholesales grew a strong 38% YoY for trucks
- 23% YoY for PVs, and a healthy 14% YoY for tractors
- Registration growth accelerated to 20-38% YoY across segments
JPMorgan on Auto
- Broad-based retail growth continues
- Wholesale sales were volatile due to company-specific factors
- Maruti wholesale was in-line with industry but outperformed on retail
- M&M’s wholesale performance improved while retails were a mixed bag
- Hero’s wholesales suffered due to a fire incident at manufacturing facilities
- Maruti/TaMo PV outperformed retail growth in PVs
- While Eicher/TVS outperformed in 2W retails
- TaMo CV/M&M outperformed in heavy goods
- July 2, 2026 08:44
CLSA on Bharti Airtel
Recommendation: Outperform, Target: ₹2310
Postpaid leader
Postpaid drives Bharti’s leading ARPU & ‘Fast Lane’ will accelerate gains
Postpaid subscribers low price sensitive
Sector tariff hike is inevitable
- July 2, 2026 08:42
Stock market
Stock Market LIVE updates: India bonds may drift amid overseas buying, profit-taking
Indian government bonds are set to trade in a narrow range on Thursday as continued foreign buying is likely to offset profit taking, keeping the benchmark yield hovering around the crucial 6.75% mark.
The benchmark 6.94% 2036 bond yield is expected to trade between 6.72% and 6.78%, a private bank trader said, having closed at 6.7563% in the previous session. Bond yields move inversely to prices.
- July 2, 2026 08:18
Forex
Rupee today | Rupee seen opening slightly higher amid oil price drop, weak asian cues
The Indian rupee is set to open marginally higher on Thursday, aided by a further drop in oil prices, though traders expect the relief to be short-lived amid weakness in Asian peers and higher U.S. yields.
The rupee is expected to open in the 95.14-94.18 range, per traders, after settling at 95.2475 on Wednesday.
The currency fell 0.6% on Wednesday, its largest decline in three weeks, breaching the 94.80-95.00 zone that traders had viewed as a key near-term support level. (Reuters)
- July 2, 2026 08:16
Tech Mahindra Subsidiary Acquires Brazil-Based Alyis to Strengthen Orange Business Partnership
- July 2, 2026 08:13
Stock market
Global Markets | Asian shares fall as chip stocks slide; Oil hits four-month low ahead of US jobs data
Asian shares skidded on Thursday as investors rotated out of chipmakers following a stellar quarter, while currency and bond markets braced for U.S. jobs data that could gives hints about the risk of interest rate hikes.
Oil prices hit new four-month lows, with Brent crude off 0.8% to $71 a barrel, as U.S. President Donald Trump said talks with Iran had gone well in Qatar, and as more oil tankers transited through the Strait of Hormuz.
On Thursday, MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.8%, while Japan’s Nikkei also dropped 1.1%, adding to losses from the first day of the quarter.
South Korea’s KOSPI sank 2.7%, extending a 2% slide from Wednesday. That followed an eye-watering 68% surge in the second quarter on soaring AI-related demand for memory chips.
SK Hynix plunged 7.7% and Samsung tumbled 6.2%. That followed a report that Meta Platforms is building a cloud business to sell excess AI computing capacity, which sent the Facebook owner’s shares up 8.8% overnight.
Hong Kong’s Hang Seng bucked the trend in Asia with a gain of 1.8%. (Reuters)
- July 2, 2026 08:01
Stock market
Sensex, Nifty set for positive start as oil prices drop on US-Iran talks
GIFT Nifty futures were at 24,173.5, as of 7:40 am, indicating the Nifty 50 could open above Wednesday’s closing level of 24,005.85. Read more here
- July 2, 2026 07:42
Ipo
ShareChat eyes $400 million IPO next year after turning operationally profitable
Mohalla Tech Pvt., which operates social network ShareChat, short-video platform Moj and subscription-based micro-drama app QuickTV, is seeking to raise as much as $400 million from a public market listing planned for next year.
ShareChat eyes $400 million IPO next year after turning operationally profitable
Backed by Lightspeed and Tiger Global, Mohalla Tech aims to go public after achieving operational profitability in Q1 FY27.
- July 2, 2026 07:25
Gold silver
Gold extends gains on weak jobs data, lower oil prices
- Gold prices extended gains on Thursday, after hitting a more than one-week high in the previous session, as investors took stock of softer-than-expected jobs data, while lower oil prices lent additional support to bullion.
- Spot gold rose 0.8% to $4,063.56 per ounce, as of 0103 GMT, after rising to as much as $4,114.99 per ounce on Wednesday, its highest level since June 23. (Reuters)
- July 2, 2026 07:24
Stock market
Stock Market LIVE today: South Korea stocks tumble over 6% as tech jitters return
- South Korean shares tumbled more than 6% on Thursday, weighed down by a global selloff in chipmakers as Meta Platforms’ plan to sell computing power raised questions over excess AI capacity.
- The won weakened, while the benchmark bond yield rose.
- The benchmark KOSPI was down 519.03 points, or 6.25%, at 7,784.38, as of 0103 GMT. The Korea Exchange briefly suspended programme selling by triggering a sidecar.
- Among index heavyweights, chipmaker Samsung Electronics fell 7.71%, while peer SK Hynix lost 9.34%. Battery maker LG Energy Solution climbed 0.43%
- July 2, 2026 07:22
Stock market
Foreign investors dump Asia stocks at record pace as AI winners get crowded
Overseas investors pulled a net $137.36 billion from shares across South Korea, Taiwan, India, Indonesia, Thailand, Vietnam and the Philippines in the first six months of the year, the fastest six-month outflow in LSEG data going back to 2010.
South Korea and Taiwan bore the brunt, shedding $70.8 billion and $29.6 billion respectively.
Foreign investors dump Asia stocks at record pace as AI winners get crowded
Overseas investors pulled a net $137.36 billion from shares across South Korea, Taiwan, India, Indonesia, Thailand, Vietnam and the Philippines in the first six months of the year
- July 2, 2026 07:20
Stock market
Instl. Investors EQUITY Cash Trades PROV. - 01/07/2026 (in ₹ crore)
FIIS : SELL -1,141 (11,623-12,764)
DIIS : BUY +3,159 (17,136-13,977)
- July 2, 2026 07:19
Economy
June 2026 GST collections touched ₹1,94,812 crore, registering a 13.9% year on year growth.
- July 2, 2026 07:19
Quarterly results
Q1FY27 RESULT DATES
1. TCS : 09 Jul 2026
2. HCLTECH : 13 Jul 2026
3. ICICIAMC : 13 Jul 2026
4. ANGELONE : 15 Jul 2026
5. HDBFS : 15 Jul 2026
6. HDFCAMC : 15 Jul 2026
7. AMAL : 17 Jul 2026
8. GLOBUSSPR : 17 Jul 2026
9. AXISBANK : 18 Jul 2026
10. HDFCBANK : 18 Jul 2026
11. ICICIBANK : 18 Jul 2026
12. INDIACEM : 18 Jul 2026
13. SUPER : 20 Jul 2026
14. ULTRACEMCO : 20 Jul 2026
15. DRREDDY : 22 Jul 2026
16. HEG : 22 Jul 2026
17. NESTLEIND : 22 Jul 2026
18. UTIAMC : 22 Jul 2026
19. CIPLA : 23 Jul 2026
20. INFY : 23 Jul 2026
21. MPHASIS : 23 Jul 2026
22. ATUL : 24 Jul 2026
23. KFINTECH : 24 Jul 2026
24. IDFCFIRSTB : 25 Jul 2026
25. COFORGE : 27 Jul 2026
26. TTKPRESTIG : 28 Jul 2026
27. DABUR : 29 Jul 2026
28. TIMEX : 29 Jul 2026
29. EXIDEIND : 30 Jul 2026
30. M&M : 30 Jul 2026
31. SHREECEM : 31 Jul 2026
32. BASF : 04 Aug 2026
33. NAVINFLUOR : 05 Aug 2026
34. BLUESTARCO : 06 Aug 2026
35. BOSCHLTD : 10 Aug 2026
- July 2, 2026 07:18
Aeroflex Industries Expands SFN Skid Assembly Capacity by 50% to 9,000 Units Annually
AEROFLEX INDUSTRIES LIMITED has further enhanced the production capacity of its liquid cooling SFN skid assemblies from 6,000 pieces per annum to 9,000 pieces per annum, with effect from today, i.e., July 01, 2026, and has commenced production at the enhanced capacity.
Further, during the first quarter of FY 2026-27, the Company sold 1,040 units of SFN skid assemblies.
- July 2, 2026 07:18
Quarterly results
Sai Silks Q1 FY27 Revenue at ₹375 Crore; Adds Two New Stores in Karnataka
Sai Silks (Kalamandir) Limited has announced the following business update of the Company for the quarter ended June 30, 2026, subject to audit and limited review.
1. Our company achieved a turnover of Rs. 375 crores during Q1 FY 2026-27, against Rs. 379 Crores in Q1 FY 2025-26.2. During the quarter, the Company continued its expansion strategy by adding approximately 30,000 sq. ft. of retail space through the opening of two new stores in Karnataka.
- July 2, 2026 07:18
Quarterly results
V-Mart Retail Q1 FY27 Revenue Rises 23% to ₹1,089 Crore; Opens 15 New Stores
Revenue From Operations
- Total revenue from operations for the quarter stood at Rs. 1,089 Crores compared to Rs. 885 Crores in the corresponding quarter of the previous year, reflecting a year-on-year growth of +23%.
- The same store sales growth (SSSG) was +9% for the quarter (V-Mart at +8% & Unlimited at +13%)
The above revenue numbers are provisional and subject to review by the Statutory Auditors of the Company.
Store Opening & Closures
- During the quarter, the Company opened 15 stores and closed 1 store, resulting in a total operating portfolio of 591 stores as at 30th June 2026.
- The 15 New stores include Seven (7) stores in Uttar Pradesh, Two (2) stores in Uttarakhand, and one (1) store each in Gujarat, Jharkhand, Karnataka, New Delhi, Tamil Nadu, and West Bengal.
- July 2, 2026 07:16
Companies
Force Motors June 2026 Sales Jump 26.6% on Strong Domestic Demand
Force Motors Limited has officially released its production-linked sales performance data for the month of June 2026. The company achieved solid total sales expansion driven by heavy traction across its domestic utility and commercial product segments.
Robust Volume Performance in the Domestic Market
The manufacturer witnessed a highly positive sales trajectory within India, serving as the primary growth catalyst for the month. Domestic dispatches of its core portfolio-which spans Small Commercial Vehicles (SCV), Light Commercial Vehicles (LCV), Utility Vehicles (UV), and Sports Utility Vehicles (SUV)-climbed significantly to 3,547 units in June 2026. This represents a robust 26.63% volume increase compared to the 2,801 units sold in the corresponding month of the previous year.
- July 2, 2026 07:16
Lokesh Machines Removed from US OFAC Sanctions List, Gains Access to US Financial System
Lokesh Machine works: With reference to the Company’s removal from the sanctions list maintained by the United States Department of the Treasury’s Office of Foreign Assets Control (”OFAC”), the Company is permitted, subject to applicable laws and regulations of the United States, to engage in transactions with U.S. persons and access the U.S. financial system. This also facilitates U.S. dollar-denominated transactions, subject to compliance with all applicable legal and regulatory requirements.
Further, the Company’s removal from the OFAC Specially Designated Nationals and Blocked Persons (”SDN”) List is expected to facilitate the normalisation of its international business operations and transactions with domestic MNCs.
The Company remains committed to maintaining the highest standards of regulatory compliance. In this regard, hereafter we continue to work closely with our legal counsel, CMS Indus Law, to ensure ongoing compliance with applicable OFAC regulations and other relevant laws, with a view to avoiding any legal or regulatory discrepancies in the future.
- July 2, 2026 07:14
Stock market
Stocks to watch: Coal India, Deccan Gold, Hero MotoCorp, Tata Tech among stocks to be in focus on Thursday
Also on the radar: Airtel, Lupin, Sai Parenterals, Syngene, POCL Enterprises, Nisus Finance, Faze Three
Stocks to watch: Coal India, Deccan Gold, Hero MotoCorp, Tata Tech among stocks to be in focus on Thursday
Also on the radar: Airtel, Lupin, Sai Parenterals, Syngene, POCL Enterprises, Nisus Finance, Faze Three
- July 2, 2026 07:08
Banking
Stock Market LIVE: South Indian Bank Q1 FY27 Advances Rise 17%, Deposits Cross ₹1.25 Lakh Crore
Private sector lender The South Indian Bank Limited has announced its provisional business updates for the first quarter of the financial year 2026-27 ending June 30, 2026. The lender reported double-digit annual expansions across its loan portfolio and deposit base, alongside a strong low-cost deposit mobilization.
The bank’s credit operations maintained healthy traction, with Gross Advances rising to ₹104,366 Crore as of June 30, 2026. This represents a robust year-on-year growth of 17.01% compared to the un-audited advances of ₹89,198 Crore logged in the corresponding period of the prior year. Sequentially, the credit book built on its momentum, advancing past the audited milestone of ₹100,274 Crore recorded in March 2026.
During the preceding quarter ended March 31, 2026, the bank had technically written off an asset value of ₹1,048 Crore. If this adjustment had not been accounted for, the bank’s year-on-year credit expansion would have reached a higher rate of 18.00% as of June 30, 2026.
Total Deposits: Aggregate deposit balances safely crossed the major threshold to land at ₹125,786 Crore during the provisional quarter. This performance reflects a steady 11.39% growth rate over the ₹112,922 Crore held at the end of June last year, alongside a sequential expansion over the audited March 2026 figure of ₹123,346 Crore.
CASA Accretion: Low-cost Current Account Savings Account (CASA) balances expanded to ₹41,493 Crore, representing a robust 14.61% year-on-year surge against the previous year’s baseline of ₹36,204 Crore.
- July 2, 2026 07:06
Banking
Punjab & Sind Bank Q1 FY27 Business Grows 15.3% to ₹2.67 Lakh Crore, Advances Rise 19.5%
Public sector lender Punjab & Sind Bank has announced its provisional business figures for the first quarter of the financial year 2026-27 ending June 30, 2026. The bank sustained strong growth momentum across its core operations, driven by a sharp double-digit expansion in credit delivery that pushed its aggregate business mix comfortably past the ₹2.66 lakh crore mark.
Gross Advances surged to ₹1,19,440 Crore, registering a powerful 19.50% year-on-year growth compared to the reviewed advance book of ₹99,950 Crore recorded at the end of June last year.
The bank’s Credit-Deposit (CD) Ratio rose substantially to 81.18% for the provisional quarter, up from 76.19% in the corresponding period of the previous fiscal year.
Total Deposits grew by 12.16% year-on-year, scaling to ₹1,47,134 Crore by June 30, 2026, against ₹1,31,182 Crore managed during the same period in the prior fiscal cycle.
Backed by balanced execution across both deposits and advances, the bank’s cumulative Total Business reached ₹2,66,574 Crore for the quarter. This performance reflects a robust 15.33% annual expansion over the aggregate business volume of ₹2,31,132 Crore logged by this time last year.
- July 2, 2026 07:05
Banking
J&K Bank Crosses ₹3 Lakh Crore Business Milestone in Q1 FY27, Advances Jump 25.5%
Jammu and Kashmir Bank Limited has released its provisional operational parameters for the first quarter of the financial year 2026-27 ending June 30, 2026. The bank sustained its high-growth trajectory, achieving a historic milestone as its total business mix successfully breached the ₹3 lakh crore threshold, driven by an accelerating credit engine and steady annual deposit traction.
The bank’s aggregate business volume—comprising total deposits and gross advances—expanded by a robust 20.36% year-on-year. Total business scaled to ₹3,03,996 Crore during the provisional quarter, up from ₹2,52,581 Crore in the corresponding first quarter of the prior fiscal year. This performance also reflects a steady sequential build-up over the audited exit figure of ₹2,90,335 Crore logged in March 2026.
Lending operations acted as the primary growth catalyst during this three-month cycle. Gross Advances surged by 25.51% year-on-year to hit ₹1,30,576 Crore, pulling significantly ahead of the ₹1,04,039 Crore recorded by this time last year. On a quarter-on-quarter basis, the loan book built steadily on its momentum, growing beyond the audited March 2026 baseline of ₹1,24,981 Crore.
Meanwhile, the bank’s Gross Investment book remained highly stable, edging up by a minor 0.91% annually to close at ₹43,706 Crore compared to ₹43,311 Crore in June 2025.
- July 2, 2026 07:00
Commodities
Crude Oil Today | Oil extends drop as more barrels flow through Strait of Hormuz
Oil fell for a third day as flows through the Strait of Hormuz climbed and there were signs of progress in indirect talks between the US and Iran.
Brent for September traded near $71 a barrel, after sliding more than 3% in the previous two sessions, while West Texas Intermediate was around $68. Oil supply through the critical waterway has reached more than 10 million barrels a day, underscoring Tehran’s now-limited ability to halt shipping, a US official said, while President Donald Trump hailed progress in negotiations. (bloomberg)
- July 2, 2026 06:59
Micron announces $250 million investment in Trump Accounts
Sanjay Mehrotra-led Micron Technologies announced a $250 million investment in the Trump Accounts programme, a long-term savings initiative for children, a move that was welcomed by President Donald Trump.
Mehrotra, the CEO of Micron, said as part of this initiative, the company is launching an employee matching benefit for contributions up to $1,000 per child under 18.
Additionally, Micron will provide a community benefit of a one-time $250 seed deposit for children with Trump Accounts where the company operates in Idaho, New York, Virginia, California, Colorado, Minnesota and Texas.
Micron announces $250 million investment in Trump Accounts
Sanjay Mehrotra-led Micron Technologies announced a $250 million investment in the Trump Accounts programme, a long-term savings initiative for children, a move that was welcomed by President Donald Trump.
- July 2, 2026 06:47
Stock market
ANALYSIS | Foreigners dump Asia stocks at record pace as AI winners get crowded
Foreign investors sold Asian equities at the fastest pace in at least 16 years in the first half of 2026, as a blistering AI-driven rally forced them to trim their biggest winners in South Korea and Taiwan and hunt for laggards at a discount.
Overseas investors pulled a net $137.36 billion from shares across South Korea, Taiwan, India, Indonesia, Thailand, Vietnam and the Philippines in the first six months of the year, the fastest six-month outflow in LSEG data going back to 2010.
South Korea and Taiwan bore the brunt, shedding $70.8 billion and $29.6 billion respectively. (Reuters)
- July 2, 2026 06:45
Stock market
WATCH | Today's Stock Recommendation: TBO Tek (BUY)
- July 2, 2026 06:44
Forex
US Dollar steady as focus turns to US payrolls, yen intervention jitters persist
The dollar held steady on Thursday as markets awaited key U.S. non-farm payrolls data, while the yen’s slide to 40-year lows against the greenback and thin trading ahead of a U.S. holiday kept traders on high alert for intervention.
The dollar index, which measures the greenback against a basket of currencies including the yen and the euro, eased 0.02% to 101.38.
Thursday’s data is expected to show U.S. employers added 110,000 jobs in June, with the unemployment rate holding steady at 4.3%, according to the median estimate of economists polled by Reuters.
Federal Reserve Chairman Kevin Warsh said on Wednesday inflation expectations and price risks have eased in recent weeks, while the ADP National Employment Report showed that private employment rose but less than expected. (Reuters)
- July 2, 2026 06:35
Stock market
Stock to buy today: TBO Tek (₹1,509.70) – BUY
Stock to buy today: TBO Tek (₹1,509.70) – BUY
TBO Tek stock is bullish; buy at ₹1,510, with a target of ₹1,650 and strategic stop-loss recommendations.
Published on July 2, 2026
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