As of June 30, 2026, Carnelian managed more than Rs 18,300 crore in assets across its PMS, AIF and offshore investment businesses.

As of June 30, 2026, Carnelian managed more than Rs 18,300 crore in assets across its PMS, AIF and offshore investment businesses.

Brent crude prices surged after fresh U.S. strikes on Iran, while new tariff threats from U.S. President Donald Trump weighed on market sentiment.

The Sensex closed 715 points, or 0.92%, lower at 76,755.05. The Nifty 50 fell 191 points, or 0.79%, to 23,906.25

Movement Labs has filed for Chapter 11 bankruptcy following the MOVE token controversy and mounting financial troubles. The filing raises uncertainty over the blockchain project's future despite its recent shift towards payments and stablecoins.

Sectoral indices traded mixed on Tuesday, with Nifty PSU Bank emerging as the top performer. Nifty Pharma was the biggest laggard.

Speaking to NDTV Profit, Chandan said the June quarter (Q1FY27) earnings season has so far turned out to be much stronger than initially anticipated, despite persistent global headwinds.

Revenue climbed 50% year-on-year, while the board cleared a fundraise through privately placed non-convertible debentures.

Nifty 50 ended 0.39% or 95.80 points lower at 24,238.50 andSensex declined 0.57% or 442.93 points to close at 77,708.52.

Cipla's wholly owned subsidiary, InvaGen Pharmaceuticals, received one Form 483 observation after a routine USFDA inspection at its New York manufacturing facility

The changes are intended to eliminate operational bottlenecks, standardise documentation requirements and ensure a smoother claim settlement process across the mutual fund industry.