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🇮🇳88d ago
Warner Bros Discovery Misses Q2 Revenue Targets Amid Ad, Box Office Slump
Warner Bros Discovery reported second-quarter revenue below market expectations, driven by weakness in advertising sales and disappointing box-office performance. The company's streaming segment showed strength, while a proposed Paramount merger secured UK regulatory approval but faces legal challenges in the United States.
🇮🇳88d ago
Britannia Q1 profit rises 14% to Rs 591 crore, misses estimates
Britannia Industries reported first-quarter net profit of Rs 591 crore, up 14% year-over-year, but fell short of market expectations as elevated costs tied to Middle East geopolitical tensions offset strong packaged food demand. The earnings miss highlights how global supply chain disruptions and conflict-related expenses are pressuring Indian consumer goods margins despite underlying demand strength.
🇮🇳88d ago
S&P 500, Nasdaq Open Lower as Tech Stocks Decline
The S&P 500 and Nasdaq opened lower on Thursday, weighed down by technology stock declines despite positive forecasts from Western Digital and Sandisk, while investors monitored Middle East peace deal developments. The Dow Jones Industrial Average bucked the trend with a slight opening gain as markets absorbed mixed signals.
🇮🇳88d ago
Brent Crude Tops $80 Per Barrel Amid Hormuz Tensions
Brent crude oil prices climbed above $80 per barrel as geopolitical tensions in the Middle East, including Iran-Oman shipping negotiations and reported attacks on Saudi oil tankers, heightened concerns over global energy supply. The price movement reflects investor caution regarding potential disruptions to one of the world's most critical shipping routes.
🇮🇳88d ago
Sebi to Issue Separate Master Circular for Clearing Corporations
India's Securities and Exchange Board (Sebi) is introducing a distinct master circular specifically for clearing corporations as part of regulatory refinements affecting stock exchanges and clearing entities. The move aims to consolidate standards, enhance transparency through improved website disclosures, and streamline regulations by removing redundant stock broker provisions from existing master circulars.
🇮🇳88d ago
Sebi proposes REITs, InvITs investment in third-party projects
India's Securities and Exchange Board (Sebi) has proposed allowing REITs and InvITs to invest in under-construction projects without requiring controlling interest, aimed at building long-term revenue-generating asset portfolios. The regulator also plans to reduce cooling-off periods for privately placed InvITs and classify remote infrastructure as real estate for REIT purposes.
🇮🇳88d ago
Crompton Greaves Q1 profit rises 15% to Rs 142 crore on revenue growth
Crompton Greaves Consumer Electricals reported a 15.17% increase in net profit to Rs 142 crore for the June quarter, with revenue from operations rising 11.84%. The company achieved double-digit growth across all business segments through strategic price adjustments and cost optimization measures.
🇮🇳88d ago
Lynch on Investment Success: Winners Must Outweigh Losers
Legendary investor Peter Lynch emphasized that portfolio success does not require picking winners consistently, but rather ensuring that winning investments deliver multibag returns large enough to offset inevitable losses. According to reports, Lynch's framework suggests that a 50–60% win rate combined with disciplined research and long-term compounding can generate superior returns despite occasional total losses.
🇮🇳88d ago
HDFC Securities initiates coverage on Sona BLW with Add rating
HDFC Securities has initiated coverage of Sona BLW Precision Forgings with an Add rating and a target price of Rs 845, citing electric vehicle-led growth and strong research and development capabilities. The brokerage expects sustained margin strength but warned of geopolitical risks, tariff pressures, and promoter-related concerns that could act as headwinds.
🇮🇳88d ago
Dow Futures Steady as Markets Await Middle East Deal; Tech Stocks Fall
US stock index futures held steady as investors awaited developments on a Middle East deal, while technology stocks declined during the trading session. The mixed market movements reflect investor caution amid geopolitical uncertainty and sector-specific weakness.
🇮🇳88d ago
RIL, SBI Shares Rally Up to 3.5% on Heavy Trading Volumes
Reliance Industries and State Bank of India shares gained up to 3.5% on Thursday, with over 41.65 million shares worth Rs 4,294 crore traded across exchanges in heavy volume activity. The two heavyweight stocks outperformed the broader market during the session.
🇮🇳88d ago
Profit-taking, debt supply stall India bond rally
Indian government bonds experienced modest fluctuations as profit-taking activity offset gains, with substantial debt supply entering the market. The Reserve Bank of India's dovish stance provided support, though yields have retreated from early August lows ahead of a major auction scheduled for Friday.
🇮🇳88d ago
Six midcap stocks hit 52-week highs amid bullish surge
Six BSE 150 MidCap stocks, including Exide Industries, Sona BLW Precision Forgings, and One97 Communications, reached 52-week highs as markets advanced, with gains reaching up to 20% over the past month. The rally signals sustained investor confidence and strong bullish momentum in India's midcap segment.
🇮🇳88d ago
Indian Indices Close Mixed as Reliance, SBI Lead Gainers
India's benchmark indices ended Thursday with mixed performance, as the Sensex climbed 374 points while the Nifty gained just 11 points, with Reliance Industries and SBI emerging as top gainers. Market analysts have identified key technical levels at 24,600 support and 24,800 resistance for the Nifty index.
🇮🇳88d ago
LIC Q1 profit surges 23% to Rs 13,492 crore on strong underwriting
Life Insurance Corporation of India reported a 23% year-on-year increase in standalone net profit to Rs 13,492 crore for Q1 FY27, up from Rs 10,986 crore in the prior-year period. The growth underscores strong operational performance in India's leading insurance provider amid robust demand for life insurance products.
🇮🇳88d ago
Indo-MIM Shares Surge 10%, Extend Gains to 82% Above IPO Price
Indo-MIM's shares surged 10% to extend gains to 82% above their initial public offering price, reflecting strong investor demand and the company's solid market position. The precision engineering manufacturer reported impressive financial growth in FY26, with rising revenue and profitability across its metal injection molding operations serving automotive and medical device sectors.
🇮🇳88d ago
Indian rupee weakens on importer demand; forward premiums hit one-month low
The Indian rupee declined against the dollar on Thursday as importers increased hedging activity, while far forward premiums eased to their lowest level in a month. Despite support from falling oil prices and recent central bank interventions, the currency faced selling pressure amid expectations of potential RBI rate increases ahead.
🇮🇳88d ago
Bitcoin Consolidates Near $64,000 as Profit-Taking Meets Institutional Demand
Bitcoin traded near $64,700 with buyers maintaining control despite profit-booking pressure, while institutional inflows into US spot Bitcoin ETFs continued to support the market. The cryptocurrency consolidates below the $65,000 resistance level as altcoins showed mixed performance.
🇮🇳88d ago
SoftBank maintains AI strategy despite Q1 profit decline and flat OpenAI valuation
SoftBank reported an 18% decline in first-quarter net profit, though results exceeded expectations as gains from Intel and ByteDance investments offset weaker OpenAI contributions. The conglomerate continues to prioritize artificial intelligence expansion through major investments and long-term commitments, according to Reuters.
🇮🇳88d ago
SoftBank Maintains AI Focus Despite Q1 Profit Decline
SoftBank reported an 18% decline in first-quarter net profit, though results exceeded expectations as gains from Intel and ByteDance investments offset weaker OpenAI contributions. The company continues to prioritize its artificial intelligence expansion strategy with new financing and long-term commitments.