20 days ago
The benchmarks snapped a two-day losing streak. The NSE Nifty 50 closed 140.10 points, or 0.59%, higher at 24,005.85, while the BSE Sensex gained 443.97 points, or 0.58%, to end at 76,922.64.
Elsewhere, Asian markets ended mixed on Wednesday. South Korea's Kospi fell 2.04% to 8,303.41, while Australia's ASX 200 declined 0.64% to 8,722.90. Japan's Nikkei 225 rose 0.59% to 70,747.96. The Japanese yen fell to 162.28 against the dollar, extending losses from the previous session and marking its weakest level in 40 years.
Meanwhile, Meanwhile, oil prices recovered some ground after sharp losses in the previous session. Brent crude rose about 0.7% to around $73.50 a barrel in early Asian trade as investors reassessed expectations that the U.S.-Iran ceasefire would remain intact.
Stock Market Wrap: Nifty, Sensex Snap Two-Day Losing Streak
- Nifty 50 closed 140.10 points, or 0.59%, higher at 24,005.85, while the Sensex gained 443.97 points, or 0.58%, to end at 76,922.64.
- The benchmarks snapped a two-day losing streak.
Stock Market Live: Rahul Badhwar Joins JPMorgan As Senior Country Officer For India
- Rahul Badhwar has joined JPMorgan as Senior Country Officer for India, according to a statement.
- Badhwar joins JPMorgan from HSBC.
Stock Market Live: Goldman Sachs Says INR Outlook Has Improved
- Goldman Sachs said the rupee outlook has improved after recent RBI foreign exchange measures, lower oil prices and a stronger balance of payments outlook.
- The brokerage estimates RBI’s FX measures could bring about $60 billion of inflows in CY2026, led by FCNR deposits, ECB borrowing and higher foreign participation in government securities.
- Goldman Sachs said external fundamentals are turning more supportive due to lower oil prices and curbs on gold imports. It narrowed India’s current account deficit forecast to 1.1% of GDP from 2% earlier.
Stock Market Live: European Markets Trade Mixed; DAX Gains
- European markets traded mixed, with Germany’s DAX rising 0.36% and Denmark’s OMXC 25 gaining 0.95%.
- France’s CAC fell 0.42%, Spain’s IBEX 35 declined 0.39% and the UK’s FTSE slipped 0.18%. The STOXX 600 traded 0.10% lower.
Stock Market Live: OMCs Unlikely To Cut Petrol, Diesel Prices Immediately, Sources Say
- State-run oil marketing companies are unlikely to cut petrol and diesel prices immediately despite softer crude prices, according to sources.
- OMCs are looking to recover losses incurred during the West Asia conflict, with under-recoveries estimated at Rs 500–600 crore per day. Sources said refiners are still processing higher-cost crude bought during the price spike, with existing inventory likely to last 1–2 months.
- Price cuts are unlikely until lower-cost crude starts flowing into the system. State-run OMCs are also unlikely to immediately match Nayara Energy’s cut of Rs 5 per litre in petrol and Rs 3 per litre in diesel.
Stock Market Live: Royal Enfield June Sales Beat Estimates
- Royal Enfield reported total June sales of 1.14 lakh units, above the estimate of 1.07 lakh units.
- Total sales rose 27% year-on-year. Domestic sales grew 34% to 1.02 lakh units, while exports fell 12% to 11,102 units.
Stock Market Live: IMD Sees Extreme Heavy Rain In Maharashtra, Gujarat, Konkan
- The India Meteorological Department said extremely heavy rainfall is likely over central Maharashtra from Tuesday to Sunday.
- Parts of Madhya Pradesh may see extremely heavy rainfall on Friday and Saturday. Gujarat and Konkan are also likely to see extremely heavy rainfall till Sunday.
Stock Market Live: Infosys Slips Below Rs 1,000 For First Time Since 2020
- Infosys slipped below Rs 1,000 for the first time since September 2020, as concerns over global IT spending and AI-led disruption weighed on the sector.
- The stock has fallen 40% so far in 2026, compared with a 31% decline in Nifty IT. It is on track for its steepest annual fall, compared with a 37% decline in 2008.
- Infosys has declined for five straight months and started July in the red. The stock is down 51% from its all-time high of Rs 2,006, hit in December 2024.
Stock Market Live: Tata Motors CV June Sales Beat Estimates
- Tata Motors CV reported June commercial vehicle sales of 40,805 units, above the estimate of 34,186 units.
- Total sales rose 35% year-on-year, while domestic sales grew 31% to 36,599 units. Exports increased 83% to 4,206 units.
- The company said it began FY27 on a positive note, with double-digit growth in each month of Q1. It said HCV growth was led by higher freight availability, while commercial passenger vehicle demand remained strong.
Stock Market Live: Asian Markets End Mixed; Kospi Falls Over 2%
Asian markets ended mixed on Wednesday. South Korea’s Kospi fell 2.04% to 8,303.41, while Australia’s ASX 200 declined 0.64% to 8,722.90. Japan’s Nikkei 225 rose 0.59% to 70,747.96.
Stock Market Live: Enviro Infra Engineers Sees Revenue Near Rs 2,000 Crore In FY27
- Enviro Infra Engineers’ Manish Jain told NDTV Profit that the company expects revenue of nearly Rs 2,000 crore this financial year, with revenue growth expected to increase in FY28.
- Jain said the company’s order book stands at Rs 6,800 crore and is being split into three parts. He said there is some deferment from the supply side, while the renewable segment is seeing sharp growth.
- He said the renewable segment’s EBITDA margin stands at 15%, while price increases could weigh on EBITDA margin. The company’s debt-to-equity level stands at 0.34.
Stock Market Live: ATF Price Cut May Not Lead To Immediate Fare Relief
- Industry sources said airfare relief may take time despite OMCs cutting ATF prices by Rs 5 per litre to Rs 110 per litre.
- ATF prices remain above the pre-war level of about Rs 1.04 lakh per kilolitre. Airlines are likely to pass on benefits to passengers once ATF prices soften further and return closer to pre-war levels.
Stock Market Live: KPIT Tech, Tata Elxsi Drag IT Stocks Lower
- KPIT Technologies fell 15.98%, leading losses among IT stocks, while Tata Elxsi declined 6.32% and Coforge slipped 4.18%.
- Tech Mahindra, HCL Technologies, TCS and Infosys also traded lower. Hexaware Technologies rose 6.76%, while Oracle Financial Services Software gained 1.70%.
Stock Market Live: Aastha Spintex IPO Subscribed 3.11 Times On Day 3
- Aastha Spintex’s IPO was subscribed 3.11 times as of 1:21 p.m. on the third day of bidding.
- Non-institutional investors led demand with 5.52 times subscription, while the qualified institutional buyer portion was subscribed 1.04 times and the retail portion 1.74 times.
Stock Market Live: Eicher VECV June Sales Beat Estimates
- Eicher VECV reported total June sales of 9,519 units, above the estimate of 7,851 units.
- Total commercial vehicle sales rose 29% year-on-year. Domestic CV sales grew 28% to 8,595 units, while exports increased 42% to 674 units.
Stock Market Live: Hero MotoCorp June Sales Miss Estimates
- Hero MotoCorp reported total June sales of 5.41 lakh units, below the estimate of 5.78 lakh units.
- Total sales fell 2% year-on-year, while domestic sales declined 4% to 5.02 lakh units. Exports rose 33% to 38,269 units.
- Motorcycle sales fell 7% to 4.8 lakh units, while scooter sales rose 51% to 62,458 units.
Stock Market Live: Cabinet May Consider Broken Rice Cut In PDS To Boost Ethanol Feedstock
- The Cabinet may consider a proposal to reduce broken rice allocation under the public distribution system to 10% from 25%, according to sources.
- The move could free up nearly 90 lakh tonnes of broken rice annually for ethanol production and support India’s ethanol blending programme. Sources said food security would remain protected.
Stock Market Live: Nifty, Sensex Hit Day’s High
Benchmarks rose to the day’s high in intraday trade.
The NSE Nifty 50 gained as much as 0.77% to 24,049.90, while the BSE Sensex rose as much as 0.8%, or 630 points, to 77,110.
Stock Market Live: Ashok Leyland June Sales Beat Estimates
- Ashok Leyland reported total June sales of 19,194 units, above the estimate of 15,839 units.
- Total sales rose 25% year-on-year. Light commercial vehicle sales grew 28% to 7,038 units, while medium and heavy commercial vehicle sales increased 24% to 12,156 units.
Stock Market Live: Maruti Suzuki June Sales Miss Estimates
- Maruti Suzuki reported total June sales of 2 lakh units, below the estimate of 2.15 lakh units.
- Total sales grew 19% year-on-year, while domestic sales rose 21% to 1.6 lakh units. Domestic passenger vehicle sales increased 24% to 1.5 lakh units.
- Exports rose 13% to 42,768 units, while domestic light commercial vehicle sales grew 22% to 2,963 units.
Stock Market Live: Delhi Plans Winter Curbs To Reduce Pollution
- Delhi’s winter pollution action plan proposes fuel sales only for vehicles with a valid PUC certificate, entry curbs on non-BS-VI vehicles registered outside Delhi and higher parking charges at authorised lots.
- The plan also includes 50% office attendance, tighter curbs on construction and demolition activity, mandatory anti-smog systems at large sites and drone monitoring of open burning.
- Violations may attract fines, environmental compensation, sealing of premises and prosecution. The framework is planned as an annual measure to address winter pollution in Delhi.
Stock Market Live: Hyundai June Sales Miss Estimates After Production Loss
- Hyundai Motor India reported total June sales of 51,335 units, below the estimate of 62,521 units. Domestic sales stood at 39,635 units, while exports were at 11,700 units.
- The company said it saw a production loss of 13,900 units in June after a fire at a manufacturing unit. Hyundai said production operations returned to normal since June and it expects to recover the loss in Q2 FY27.
Coal India June Offtake Rises 7.5%, Production Up 0.6%
- Coal India reported production of 57.4 million tonnes in June, up 0.6% from a year earlier, according to an exchange filing.
- The state-run miner's offtake rose 7.5% year-on-year to 65.8 million tonnes during the month, the filing showed.
Stock Market Live: IndiGo Launches New Economy Fare Option
- IndiGo announced a new fare option, IndiGo Lite, for economy class passengers, according to a press release.
- The fare will be available only on IndiGo’s direct booking channels and will offer a lower base price with an auto-assigned seat at no extra cost.
- Passengers under the IndiGo Lite fare will be allowed only cabin baggage of up to 7 kg. Bookings open from Wednesday, with flights under the fare starting July 15.
Stock Market Live: GAIL Says Satish Kumar Sinha Takes Charge As CFO
GAIL India said Satish Kumar Sinha has taken charge as Chief Financial Officer, according to an exchange filing.
Stock Market Live: Swiggy Instamart Appoints Gautam Swaroop As Chief Business Officer
- Swiggy Instamart appointed Gautam Swaroop as Chief Business Officer, according to a statement.
- Swaroop joins Instamart after heading OYO’s international business. He replaces Hari Kumar G, who stepped down from the role.
Stock Market Live: June GST Collections Fall To Rs 1.71 Lakh Crore
- Gross GST collections in June stood at Rs 1.71 lakh crore, compared with Rs 1.95 lakh crore earlier, down 13.9%.
- Net GST collections stood at Rs 1.46 lakh crore, compared with Rs 1.62 lakh crore earlier, down 11.2%. GST refunds fell 29.1% to Rs 25,121 crore from Rs 32,436 crore.
Stock Market Live: Traders Watch 23,900 On Nifty And 58,000 On Bank Nifty
Current options positioning continues to show the heaviest outstanding positions at:
- Nifty Support: 23,900
- Nifty Resistance: 24,000
- Bank Nifty Pivot: 58,000
Although today is not an expiry session, these remain the key strikes traders are monitoring in the current weekly series.
Stock Market Live: Page Industries Tops Today's Long Build-Up Screen
- Page Industries futures gained nearly 3% while open interest increased in both the July and August contracts.
- The pattern indicates fresh long positions.
Stock Market Live: Ashok Leyland Sees Strong Futures Participation
- Ashok Leyland's futures open interest has risen 38.61% since the previous expiry.
- Total derivatives open interest has increased 33.60%.
Stock Market Live: Ambuja Cements Records Strong F&O Build-Up
- Ambuja Cements' total derivatives open interest has increased 29.65% since the previous expiry.
- Futures open interest has climbed 38.39%.
Stock Market Live: Alkem Derivative Participation Continues To Rise
- Alkem has witnessed a 22.94% increase in total derivatives open interest since the previous expiry.
- Put open interest has increased 117.03%.
Stock Market Live: Astral Witnesses Sharp Rise In Put Positions
- Astral's Put open interest has increased 213.20% since the previous expiry.
- Call open interest has also risen more than 313%.
Stock Market Live: Apollo Hospitals Put Open Interest Surges 145%
- Apollo Hospitals has recorded a 145.30% increase in Put open interest since the previous expiry.
- Total derivative open interest has increased 28.88%.
Stock Market Live: Nifty Fin Service Sees Sharp Reduction In Derivative Activity
- Nifty Fin Service's total derivative open interest has fallen 71.42% since the previous expiry.
- Call and Put open interest have both declined by more than 78%.
Stock Market Live: Nifty Mid Select Outperforms Benchmark Since Previous Expiry
Nifty Mid Select has gained 8.43% since the previous expiry despite a 6.82% decline in total open interest.
Stock Market Live: Bank Nifty Open Interest Climbs Nearly 9% Since Previous Expiry
- Bank Nifty has declined 0.97% since the previous expiry while total open interest has increased 8.49%.
- The data indicates traders continue carrying positions in banking derivatives.
Stock Market Live: Nifty Open Interest Rises 56% Since Previous Expiry
- Nifty has declined 7.54% since the previous expiry, while total derivative open interest has increased 55.97% to over 74.5 lakh contracts.
- The rise reflects continued rollover and fresh positioning despite the correction.
Stock Market Live: Bank Nifty Traders Watch 57,500-58,000 Zone
Options positioning highlights:
- Highest Put OI: 58,000 strike
- Highest Call OI: 58,000 strike
- Largest fresh Put additions: 57,500 strike
The data suggests traders continue to monitor the 57,500-58,000 band.
Stock Market Live: Fresh Call Writing Highest At 58,000
- The largest Call additions during the session were recorded at the 58,000 strike.
- Additional Call writing was visible at 58,200 and 58,500.
Stock Market Live: Fresh Put Writing Emerges At 57,500
- Today's options data shows the strongest fresh Put additions at the 57,500 strike.
- Fresh Put writing was also visible at 57,600 and 57,700.
Stock Market Live: Bank Nifty Call Writers Maintain Strong Wall At 58,000
- The 58,000 strike also carries the highest Call open interest on Bank Nifty.
- Heavy positions on both sides continue to make the strike the key pivot for traders.
Stock Market Live: Bank Nifty Put Writers Continue To Defend 58,000
- Bank Nifty's highest Put open interest remains at the 58,000 strike with more than 11 lakh contracts.
- Additional Put support is visible at 57,000 and 58,500.
Stock Market Live: 24,000 Emerges As Immediate Resistance For Nifty
- The largest outstanding Call positions remain concentrated at the 24,000 strike.
- Any sustained move above the level could trigger Call unwinding.
Stock Market Live: Nifty Needs To Sustain Above 23,900
- The heaviest Put concentration remains at 23,900, making it the first important support level.
- A decisive break below this strike could weaken the near-term options structure.
Stock Market Live: Nifty Options Positioning Suggests 23,900-24,000 Trading Zone
Open interest distribution shows:
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Highest Put OI: 23,900 strike
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Highest Call OI: 24,000 strike
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Strong Call additions: 24,000 strike
The setup indicates traders are positioning around the 23,900-24,000 region.
Stock Market Live: Call Writers Add Fresh Positions At 24,000
- Fresh Call writing remained concentrated at the 24,000 strike.
- Further additions were seen at 23,900, 24,100 and 25,000.
Stock Market Live: Fresh Put Writing Concentrated At 23,900
- The biggest Put additions in today's weekly options chain were recorded at the 23,900 strike.
- Fresh Put writing also emerged at 23,800 and 24,000, suggesting traders are defending the immediate downside.
Stock Market Live: Nifty Call Writers Continue To Defend 24,000
- The 24,000 strike has the highest Call open interest at over 10 lakh contracts.
- Additional Call positions are visible at 24,100 and 24,500, indicating traders continue to cap upside around 24,000.
Stock Market Live: Nifty Put Writers Build Strong Base At 23,900
- The 23,900 strike now carries the highest Put open interest at nearly 9.5 lakh contracts.
- Fresh Put additions were also strongest at the same strike, reinforcing it as the key support level in the current weekly series.
Stock Market Live: OMCs Cut ATF Prices For Domestic Airlines
- Oil marketing companies reduced aviation turbine fuel prices for domestic airlines by Rs 5 per litre, according to IOCL.
- The effective ATF price now stands at Rs 110 per litre.
Stock Market Live: Citi Upgrades Titan, Page Industries, Havells To Buy
- Citi upgraded Titan to Buy from Neutral with a target price of Rs 5,075, citing strong jewellery demand and an expected improvement in product mix.
- The brokerage upgraded Page Industries to Buy from Sell and raised the target price to Rs 47,700 from Rs 34,100. It expects volume growth to rise to 9.6% in FY27 from 4% in FY26 and sees channel inventory normalising.
- Citi also upgraded Havells to Buy from Neutral with a target price of Rs 1,500. It said growth may improve in FY27, led by cables and wires, recovery in consumer businesses and operating leverage.
Stock Market Live: KPIT Tech Hits 10% Lower Circuit After Weak Q1 Update
- KPIT Technologies hit a 10% lower circuit after the company said it expects Q1FY27 dollar revenue to decline about 1% year-on-year.
- The company expects Q1FY27 revenue at $176.22 million, compared with $178 million in Q1FY26. On a sequential basis, revenue is expected to fall 4.7%, marking its first revenue decline in 23 quarters.
- KPIT said revenue was hit by a slowdown at European auto OEMs after recent profit warnings and an adverse business outlook. The company expects EBITDA and PAT margins to decline sequentially, with the fall in margins expected to be higher than the revenue decline.
- The company said H1FY27 is likely to remain weak, while H2FY27 should see sustainable growth. It expects sound sequential growth in Q4FY27 and said business fundamentals remain strong.
Stock Market Live: M&M, Infosys Lead Gains In Nifty
- M&M was the top contributor to Nifty 50 gains, adding 14.86 points, followed by Infosys at 8.32 points, RIL at 7.94 points, Eternal at 7.46 points and Titan at 6.64 points.
- ICICI Bank was the biggest drag, pulling the index down by 8.82 points. L&T, Hindalco, Bajaj Finserv and Bajaj Finance also weighed on the index.
Stock Market Live: Nifty Media, Auto Lead Sectoral Gains; Metal Declines
- Nifty Media rose 1.41%, while Nifty Auto gained 0.99%, leading gains among sectoral indices, according to NSE data.
- Nifty Consumption rose 0.58%, Nifty IT gained 0.55% and Nifty Pharma advanced 0.45%. Nifty Metal fell 0.56%, while Nifty PSU Bank and Nifty Oil and Gas traded lower.
Stock Market Live: Nifty Nears 23,950, Sensex Rises Over 200 Points
- The NSE Nifty 50 rose as much as 0.3% to 23,934.90, while the BSE Sensex gained as much as 0.3% to 76,697.37.
- Benchmarks traded higher as they aimed to snap a two-day losing streak.
Stock Market Live: Nifty, Sensex Trade Higher In Pre-Open
- Nifty 50 rose 31.90 points, or 0.13%, to 23,897.65 in the pre-market trading session.
- The Sensex gained 69.64 points, or 0.09%, to 76,548.31.
Stock Market Live: Rupee Trades Lower Against US Dollar
The rupee traded lower on Wednesday, depreciating as much as 5 paise to 84.71 against the US dollar.
Stock Market Live: M&M June PV Sales Rise 28%, Exports More Than Double
- M&M reported 28% year-on-year growth in June passenger vehicle sales at 60,393 units, above the estimate of 52,965 units.
- Total sales rose 37% year-on-year to 1.06 lakh units, while exports stood at 5,918 units against 2,634 units a year earlier.
- Three-wheeler sales grew 63% to 13,820 units. LCV sales rose to 26,076 units from 19,348 units, while tractor exports increased 8% to 1,758 units.
Stock Market Live: Brokerages Flag Integration As Key Monitorable For Kotak Bank Deal
- Macquarie maintained Neutral on Kotak Mahindra Bank with a target price of Rs 455. Jefferies maintained Buy with a target price of Rs 450.
- Investec retained Hold with a target price of Rs 420, while Morgan Stanley kept Overweight with a target price of Rs 500. Citi maintained Buy with a target price of Rs 485.
- The brokerages said Kotak Bank’s acquisition of Deutsche Bank’s India business could support its affluent and SME banking strategy. They cited integration, customer attrition, regulatory approvals and execution timeline as key monitorables.
Stock Market Live: Jana SFB Says Holding Company Rating Downgrade Has No Link To Bank
- Jana Small Finance Bank told NDTV Profit that the rating downgrade of its holding company has nothing to do with the bank.
- The bank said Jana Holdings holds a 16.95% stake in Jana SFB, down from 44% over the years. It said the NCD repayment has been rescheduled to give Jana Holdings time to sell shares.
- Jana SFB said Jana Holdings has a consensual agreement with NCD holders, who are private equity investors. It added that Jana Holdings has not contributed capital to the bank since June 2022, has no board representation at the bank, and there is no cross-default linkage between Jana SFB debt and Jana Holdings/JCL debt.
Stock Market Live: Jefferies Initiates Coverage On MCX With Buy Rating
- Jefferies initiated coverage on MCX with a Buy rating and a target price of Rs 3,600.
- The brokerage said commodity markets remain underpenetrated compared with equities. It expects MCX to report 20% revenue CAGR and 22% earnings CAGR through FY29, with 260 basis points of margin expansion.
Stock Market Live: Macquarie Adds TVS Motor, Lenskart, Axis Bank To India Strategy Picks
- Macquarie added TVS Motor to its Stars list and booked profits in M&M. It retained Titan and JSW Steel, turned more bullish on Bharti Airtel and continued to like HDFC Bank.
- In Rising Stars, the brokerage added Lenskart and Phoenix Mills, while removing MakeMyTrip and Amber Enterprises.
- In its Tactical list, Macquarie added Axis Bank, Hyundai and Dixon Technologies. It removed Shriram Finance, Reliance Industries and Coal India.
Stock Market Live: Commercial LPG Cylinder Prices Cut By Up To Rs 183.50
- Oil marketing companies cut prices of 19-kg commercial LPG cylinders by up to Rs 183.50 from July 1.
- Prices of 14.2-kg domestic cooking gas cylinders remain unchanged.
Stock Market Live: Gujarat Natural, Saksoft Among Stocks Shortlisted Under ASM Framework
- Gujarat Natural Resources, Saksoft, SKM Egg Products Export India and Vedanta Iron and Steel have been shortlisted under the Short-Term ASM Framework.
- Go Fashion India, Magellanic Cloud, Powerica, Ramco Systems and Standard Engineering Technology will be excluded from the ASM Framework.
Stock Market Live: GNG Electronics, Saksoft, Sammaan Capital See Price Band Changes
- GNG Electronics’ price band has been revised to 5% from 10%, while Saksoft’s price band has been changed to 10% from 20%.
- Sammaan Capital’s price band has been set at 20% from no band earlier.
Stock Market Live: BlackBuck, Confidence Petroleum Among Insider Trades
- BlackBuck promoter and director Ramasubramanian Balasubramaniam pledged 6.3 lakh shares.
- Confidence Petroleum India promoter group entity Confidence LPG Bottling bought 14 lakh shares. Afcom Holdings promoter group entity Thiagaraja Annamalai sold 3 lakh shares.
- KCP promoter group entity Rajiv Rangasami sold 10,000 shares, while INOX India promoter group entity Manju Jain sold 6,000 shares.
Stock Market Live: Genus Power, Energy Infra, AXISCADES Among Bulk Deals
- Genus Power saw multiple bulk deals, with Chiswick Investment Pte selling shares across transactions. Buyers included Buoyant Opportunities Strategy, Profitex Shares & Securities, Madhuri Madhusudan Kela, D3 Stock Vision, Irage Broking Services and Mansi Share and Stock Broking.
- In Energy Infra, Rapid Holdings 2 Pte sold 3.97 crore shares at Rs 76.01 apiece. Buyers included HDFC Securities, Neo Real Asset Yield Fund and Arvesta Financial Services.
- AXISCADES Technologies’ Jupiter Capital sold 10 lakh shares at Rs 1,667.76 apiece. In Jash Engineering, Axel Schutte sold 12 lakh shares at Rs 475.56 apiece.
- Krishna Defence and Allied Industries saw sales by Ankur Ashwin Shah, Pallavi Ashwin Shah and Preyal Ankur Shah, while 360 One Pipe Fund bought 4.41 lakh shares at Rs 1,203.47 apiece.
Stock Market Live: Tata Investment, Wheels India, Cyient To Hold AGMs Today
Tata Investment, Wheels India and Cyient will hold their annual general meetings today.
Stock Market Live: Waterways Leisure, Advit Jewels To List Today
Waterways Leisure Tourism and Advit Jewels will list on the exchanges today, according to the IPO listing update.
Stock Market Live: Adani Energy, Netweb, Zee Entertainment Boards To Consider Fundraising
- Adani Energy Solutions, Netweb Technologies India and Zee Entertainment Enterprises will hold board meetings to consider fundraising proposals.
Stock Market Live: Bajaj Auto Buyback Opens Today
Bajaj Auto’s buyback opens today, according to the corporate action update.
Stock Market Live: Unimech Aerospace, Kalpataru Lock-In Periods End
- Unimech Aerospace & Manufacturing’s 1.5-year lock-in period ends for 1 crore shares valued at $123 million, representing 20% of total outstanding shares.
- Kalpataru’s one-year lock-in period ends for 1.5 crore shares valued at $52 million, representing 7% of total outstanding shares.
Stock Market Live: HDFC Life, Kotak Bank, KPIT Tech Among Stocks In News
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HDFC Life said the GST appellate authority upheld a tax demand of Rs 132.7 crore, along with applicable interest and penalty of Rs 132.7 crore. Kotak Mahindra Bank signed a business transfer agreement with Deutsche Bank to acquire its India business undertaking.
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KPIT Technologies said Q1FY27 performance is expected to be below expectations, with dollar revenue likely to decline 1% year-on-year. The company cited spending cuts by some European automotive OEMs and expects recovery in the second half of FY27.
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Vodafone Idea acquired a 26% stake in MTK Quantum for Rs 4.33 crore, while Poonawalla Fincorp approved issuance of non-convertible debentures worth up to Rs 750 crore.
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Prestige Estates launched Phase 2 of Prestige Forest Hills at The Prestige City, Mulund, with an estimated gross development value of about Rs 2,200 crore. Avenue Supermarts opened a new store in Pollachi, taking its total store count to 503.
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Max Healthcare acquired 100% voting rights and 50.22% economic interest in Yerawada Properties as part of its plan to develop a 450-bed hospital in Pune. Bandhan Bank completed the sale of a housing finance NPA portfolio of Rs 291.44 crore to ACRE for Rs 119.49 crore.
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RailTel received a Rs 107.60 crore order from Mahanadi Coalfields, while Newgen Software accepted a $1.71 million award for a retail loan origination solution. Axis Bank allotted $500 million of additional Tier-1 notes and $300 million of senior notes under its global medium-term note programme.
Stock Market Live: Knack Packaging Raises Rs 131 Crore From Anchor Investors Ahead Of IPO
- Knack Packaging raised Rs 131.25 crore from anchor investors before its IPO opens on July 1, PTI reported.
- The company allotted 77.20 lakh shares at Rs 170 apiece. The Rs 439.5 crore IPO comprises a fresh issue of Rs 380 crore and an offer for sale of up to 35 lakh shares worth Rs 59.5 crore.
- The IPO will close on July 3 and the shares are scheduled to list on July 8. Proceeds from the fresh issue will be used to set up a manufacturing facility in Gujarat’s Mehsana district and for general corporate purposes.
Stock Market Live: Glenmark Pharma Says US FDA Issues Six Observations For Goa Unit
- Glenmark Pharma said the US FDA concluded a GMP inspection at its Goa manufacturing unit with six Form 483 observations, according to an exchange filing.
- The inspection was conducted from June 22 to June 30. The company said it does not see any impact on product supplies from the inspection.
Stock Market Live: Automobiles Lead India’s Export Growth To Japan, PTI Reports
- Automobiles were the biggest driver of India’s export growth to Japan, with their share in outbound shipments rising to 13% in FY26 from 1% in FY21, PTI reported, citing a Rubix Data Sciences report.
- India’s goods exports to Japan rose to $6.2 billion in FY25 from $4.4 billion in FY21. Imports from Japan increased to $18.9 billion from $10.9 billion during the period, widening India’s trade deficit with Japan to $12.7 billion in FY25.
- The report said 81.5% of Japanese companies plan to expand operations in India over the next 1–2 years.
Stock Market Live: NITI Aayog Calls For Faster Visa Approvals To Boost Tourism
- NITI Aayog has called for streamlining visa approval processes and simplifying regulations to support growth in India’s tourism and hospitality sector, PTI reported.
- The report said India’s visa regime needs to improve accessibility and user experience to attract repeat and high-value travellers. It also flagged regulatory fragmentation, duplicate approvals and high compliance burden as issues affecting tourism investment and project execution.
Stock Market Live: Delhi EV Policy Sets 2030 Roadmap For Transport Reforms
- Delhi’s EV Policy 2026 provides incentives for electric vehicles and lays out a roadmap till March 2030 for transport sector reforms, PTI reported.
- Chief Minister Rekha Gupta said the policy includes phased electrification across vehicle categories, charging infrastructure expansion and a stronger institutional framework.
- The policy provides purchase incentives of up to Rs 30,000 for electric two-wheelers, with an additional Rs 10,000 for scrapping an old vehicle. From April 1, 2028, registration of new two-wheelers in Delhi will be allowed only as electric vehicles.
- From Jan. 1, 2027, all new auto-rickshaws will be registered only as electric vehicles. The policy also targets making 30% of school buses electric by 2030.
Stock Market Live: Indian Oil Says Ethanol Pricing Must Balance Affordability And Viability
- Indian Oil Corp. Chairman and Managing Director AS Sahney said ethanol pricing must remain affordable for customers, viable for producers and oil companies, and support energy security.
- Sahney said the E20 programme has worked on these principles and E85 can also grow if it meets the same conditions. He said E85 has been launched at a cheaper rate as an offer and pricing may be calibrated as consumption increases.
Stock Market Live: Government Revises Export Levies On Petrol, Diesel And ATF
- The government revised export levies on petrol, diesel and ATF for the fortnight beginning July 1. Export duty has been set at Rs 4 per litre on petrol, Rs 8.5 per litre on diesel and Rs 7.5 per litre on ATF.
- Exports by PSU oil companies to Mauritius and Maldives have been exempted from the levies. The exemption was already available for exports to Nepal, Bhutan, Bangladesh and Sri Lanka.
- There is no change in excise duty on petrol and diesel meant for domestic consumption. Export levies will continue to be reviewed every fortnight, linked to global crude and fuel prices.
Stock Market Live: Modi, Iran President Discuss West Asia, BRICS Cooperation
- Prime Minister Narendra Modi spoke with Iranian President Masoud Pezeshkian, with both sides discussing recent developments in West Asia, according to statements from Iran and India.
- India’s statement said Modi welcomed the understanding reached and reiterated that issues must be resolved through dialogue and diplomacy. He also stressed the need for lasting peace, stability, and freedom of navigation and commerce.
- Iran’s readout said Pezeshkian called for deeper India-Iran cooperation in political, economic, commercial, transit and multilateral areas, including BRICS. It also said Modi invited Pezeshkian to the upcoming BRICS Leaders’ Summit in India.
Stock Market Live: Two-Wheelers To Come Under CAFE Norms From April 2028
The Centre plans to bring motorcycles and scooters under corporate average fuel efficiency norms from April 2028, Mint reported, citing people aware of the development and a government document.
The move will bring India’s largest vehicle segment under the fuel-efficiency regime for the first time. The Bureau of Energy Efficiency is holding talks with two-wheeler makers, SIAM and ACMA on a methodology to measure emissions across powertrains, according to the report.
Stock Market Live: Trump Financial Disclosure Shows Holdings In Apple, Nvidia, Palantir
- US government released President Donald Trump’s annual financial disclosure, Bloomberg reported.
- The disclosure showed Trump owned at least $5 million each in Apple and Nvidia shares, and at least $1 million in Palantir shares. It also showed he bought at least $100,001 in Palantir shares.
- Rolex gifted Trump US Open tickets worth $25,000, according to the disclosure.
Stock Market Live: Iran Says De-Conflict Cell Representatives Appointed
Iran’s Parliament Speaker MB Ghalibaf said Iran, the US and Lebanon have agreed to set up a de-confliction cell, Al Jazeera reported, citing his interview with Iran state media.
Ghalibaf said Tehran and Washington have appointed their representatives, while Beirut is expected to do the same before the cell becomes operational. He said Iran has exported more than 40 million barrels of oil in less than two weeks after the lifting of the blockade.
He also said Iran will not give up its nuclear rights and that uranium enrichment is its “legitimate and inalienable right”. Ghalibaf said the 60-day period under the Iran-US MoU to reach a final deal can be extended, with talks to continue until US and UNSC sanctions are removed.
Stock Market Live: Trump Sticks With Iran Talks After War Options Briefing, WSJ Reports
US President Donald Trump was briefed on options for a return to full-scale strikes on Iran but has chosen to continue diplomatic talks for now, the Wall Street Journal reported, citing US officials.
The report said discussions involved Defence Secretary Pete Hegseth and Joint Chiefs Chairman Gen. Dan Caine. Trump told aides that another round of attacks could disrupt diplomacy and weaken efforts to dismantle Iran’s nuclear programme, according to the report.
Stock Market Live: Yen Falls To Weakest Level In 40 Years Against Dollar
- The Japanese yen fell to 162.28 against the US dollar, extending losses from the previous session.
- The currency touched its weakest level in 40 years, keeping traders alert for any signs of intervention by Japanese authorities.
Stock Market Live: Asia-Pacific Markets Trade Mixed; Nikkei Gains
- Asia-Pacific markets traded mixed on Wednesday as investors tracked regional equities.
- Japan’s Nikkei 225 climbed 2.54%, while South Korea’s Kospi slipped 0.30%. Australia’s ASX 200 declined 0.39%.
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