Market News

US Stocks Rise on Amazon's Strong Earnings Despite Apple Decline

Wall Street closed higher on Friday as Amazon's robust quarterly results eased investor concerns about artificial intelligence infrastructure spending, though Apple's disappointing earnings weighed on the technology sector. Treasury yields rose amid Federal Reserve discussions on inflation, creating a mixed backdrop for equities.

Zee Entertainment shareholders approve Rs 3,143 crore promoter fund infusion

Zee Entertainment shareholders have approved a Rs 3,143.5 crore preferential warrant issue to a promoter group entity, enabling promoter ownership to rise to 23.79%. The company also received investor clearance for a new ESOP scheme designed to increase employee ownership stakes.

US Futures Rise as Amazon Gains Offset Apple Decline

US stock market futures moved higher as strength in Amazon shares counterbalanced weakness in Apple, according to market reports. The mixed performance among major tech names reflects ongoing sector rotation and selective investor positioning ahead of broader economic developments.

Indo-MIM shares surge 60% above IPO price in two trading sessions

Indo-MIM shares rallied nearly 5% on Friday to Rs 776.90, extending gains to over 60% above its IPO price of Rs 485 within two trading sessions. Analysts recommend partial profit-taking while suggesting long-term investors maintain stop-loss levels around Rs 595-600.

Juniper Green Energy IPO targets ₹1,800 crore for debt reduction

Juniper Green Energy plans to raise ₹1,800 crore through an IPO primarily to reduce its debt burden while expanding renewable energy capacity. The offering carries execution risks and high leverage concerns, making it suitable for long-term investors with higher risk tolerance.

Jersey Mike's Shares Fall 8.7% in NYSE Debut Despite $1B IPO

Jersey Mike's sandwich chain completed one of the largest restaurant IPOs in recent years, raising approximately one billion dollars, but shares declined 8.7% on their first trading day on the New York Stock Exchange. The soft debut reflects broader investor caution toward the retail and restaurant sectors despite the company's substantial presence with over 3,300 locations across the United States and Canada.

Hyundai India Q1 profit drops 35%, misses forecasts amid disruptions

Hyundai Motor India's first-quarter net profit fell 35% year-over-year, trailing analyst estimates due to production disruptions and diminished exports to the Middle East. The automaker projects recovery beginning in Q2 through output normalization, new model rollouts, and a planned capital expenditure of Rs 7,500 crore.

Dabur India shares fall 4% despite Q1 earnings meeting expectations

Dabur India's stock declined over 4% on Thursday following the release of first-quarter results that showed 15% net profit growth and 11% revenue expansion, with home and personal care segment leading performance. The selloff suggests investors may be concerned about forward-looking factors including demand recovery trends, commodity inflation pressures, and monsoon weather patterns despite management's guidance for double-digit fiscal year revenue growth.

Rupee Rises for Third Day to Near 3-Week High

The Indian rupee strengthened for a third consecutive day, reaching near three-week highs, supported by dollar sales from foreign and state-run banks alongside sustained domestic equity buying and positive foreign investor sentiment. Modest crude oil rebound limited further currency appreciation, with the rupee expected to trade within a defined range on Thursday.

Fed Holds Rates Steady as Iran Tensions Cloud Inflation Outlook

The US Federal Reserve maintained interest rates unchanged while monitoring evolving inflation signals amid geopolitical tensions affecting oil markets. Rising oil price pressures from Iran-related conflicts threaten to complicate the Fed's inflation management strategy.

Copper Slips Ahead of Fed Decision as Aluminium Gains on Gulf Tensions

Copper prices declined on cautious trading ahead of the Federal Reserve's interest rate decision, while easing supply constraints in China further pressured the metal alongside zinc. Aluminium rose as geopolitical tensions in the Middle East sparked supply concerns.

European Shares Rise on Mining, Energy Strength; Middle East Tensions in Focus

European stocks advanced with mining and energy sectors leading gains, supported by surging commodity prices and positive earnings from household goods companies. Investors remain watchful of Middle East developments and anticipate Federal Reserve signals on future monetary policy.

PPFAS Valued at ₹15,800 Crore as Thakkar Sells Stake to WhiteOak

Rajeev Thakkar sold a stake in unlisted asset manager PPFAS to WhiteOak Capital's Alternative Investment Fund, valuing the company at nearly ₹15,800 crore. The transaction follows recent stake sales by promoters Neil and Khushboo Parikh, providing market valuation insights for the closely held firm amid reported revenue and profit growth.

S&P 500 Closes Higher as Tech Earnings Loom

The S&P 500 index ended the trading session in positive territory on Tuesday, supported by strength in Boeing and Coca-Cola shares, while chip stocks declined as investors prepared for major technology company earnings reports. Apple's market capitalization surpassed the five trillion dollar threshold for the first time, highlighting continued investor interest in mega-cap technology stocks ahead of the Federal Reserve's interest-rate decision scheduled for Wednesday.

Radico Khaitan Q1 profit surges 76% to Rs 229 crore on strong brand sales

Radico Khaitan reported a 76% jump in net profit to Rs 229.60 crore for the June quarter, with operational revenue rising 13.22% to Rs 5,867.69 crore, marking record highs across volume, top-line, and profitability. The strong performance was driven by a 35.8% increase in Prestige and Above brand sales, indicating robust demand in the premium spirits segment.

Templeton's Investment Wisdom: Finding Value in Neglected Markets

John Templeton's contrarian investing philosophy emphasizes seeking overlooked opportunities with strong fundamentals rather than following market trends. The approach underscores the importance of independent research, patience, and long-term thinking to identify undervalued investments before they gain mainstream attention.

Indian Equities Surge on Falling Oil, Firmer Rupee

Indian stock markets and the rupee rebounded sharply on Monday following a collapse in crude oil prices, with the BSE Sensex and NSE Nifty posting substantial gains amid easing volatility. Lower crude prices benefit India's inflation trajectory and current account balance, supporting renewed investor confidence.

Juniper Green Energy Sets IPO Price Band at Rs 214-225 Per Share

Juniper Green Energy has fixed its initial public offering price band at Rs 214-225 per share for its approximately Rs 1,800 crore offering, with subscription scheduled from July 30 to August 3. The IPO comprises entirely fresh equity shares with no secondary offering component, with proceeds earmarked for debt repayment and subsidiary investments.

Tamilnad Mercantile Bank Q1 profit surges 35% on income growth

Tamilnad Mercantile Bank reported a 35% year-on-year increase in June quarter net profit to Rs 412 crore, supported by higher income and net interest income alongside improved operational metrics. The performance reflects stronger margins, asset quality improvements, and robust growth in advances and deposits.

India's Top 7 Cities Face Retail Space Crunch as Mall Supply Drops 57%

Real estate consultant Anarock reported that gross leasing of retail spaces in malls across India's major cities declined 24 percent to 4.1 million sq ft in the first half of 2026, with new supply falling 57 percent year-over-year. The contraction signals a significant tightening in the retail real estate market, potentially limiting expansion opportunities for retailers in India's key urban centers.