Motilal Oswal believes the company remains well-positioned to benefit from the premiumisation trend in India.
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Motilal Oswal believes the company remains well-positioned to benefit from the premiumisation trend in India.

The correction comes after a strong run for Indian IT stocks over the past month. Infosys had rallied nearly 11% over the previous seven sessions, while TCS had gained almost 8%.

Mumbai's seven lakes are 88.58% full as BMC data shows reservoir levels near last year's mark, while IMD issues a yellow alert for rain.

Hyundai's consolidated net profit declined 35% for the quarter ending June of the current fiscal year.

Sensex, Nifty set for a gap-up open as GIFT Nifty rises and Wall Street rallies on Microsoft earnings. Track live market updates here on NDTV Profit's stock market live blog.

Track live updates on ITR filing's last day, including deadline news, CBDT announcements, portal status, extension updates and taxpayer guidance.

FSSAI has halted the sale of Folineuro Syrup and Neuherbs True Vitamin over alleged misleading claims and labelling violations. The regulator ordered corrective action against companies to ensure compliance and protect consumer interests.

The sharp decline followed a weak first-quarter performance. Thermax's consolidated net profit plunged 83.4% year-on-year to Rs 25.2 crore from Rs 152.4 crore.

Despite revenue and EBITDA growth in Q1FY27, RailTel shares fell over 3% to Rs 285.95, continuing a year-to-date decline of 23.43% amid mixed financial results.

The company said increased investments to improve delivery partner availability led to a sequential decline in margins.