Havells India to invest in inorganic businesses
Havells India is planning to invest in inorganic businesses in order to expand its underground cable capacity by FY27.
Stock Market Today Live Updates: Good Morning Market Enthusiats! Here Is a fun fact that you should know as a market lover-
Reliance Industries vs. Entire Countries
At various points, Reliance Industries’ market cap has exceeded the GDP of several small countries — like Sri Lanka, Nepal, and Bhutan combined.
Fact: In 2024, Reliance’s market cap crossed ₹20 lakh crore (~$240 billion), larger than the GDP of over 100 countries.
Havells India is planning to invest in inorganic businesses in order to expand its underground cable capacity by FY27.
Parag Milk Foods Q1 net profit up by 1% YoY, went up Rs.28 crore.
In its first Quarter Q1 FY26, Paytm is expected to report first time net profit of Rs.18.9 crore.
The stock market saw modest gains in Tuesday’s session, with the Sensex climbing 153.18 points or 0.19% to reach 82,353.52, while the Nifty rose 24.35 points or 0.10% to 25,115.05. Despite the upward movement in indices, market breadth remained slightly negative. Around 1,676 shares advanced, 1,748 shares declined, and 154 remained unchanged, signaling a cautious tone among investors. Broader market performance stayed mixed, with realty and PSU banks under pressure while select pharma and auto stocks showed resilience. Traders are now eyeing upcoming earnings and global cues for the next move. Stay tuned for more mid-day market action.
The Indian rupee edged lower on Tuesday, hitting the day’s low at 86.32 per dollar, compared to the previous close of 86.29. The dip reflects cautious sentiment in currency markets amid global uncertainty and dollar strength. Traders await key economic cues to assess short-term forex movement.
The Sensex gained a solid 100 points today, showing resilience amid mixed sector performances. The Nifty steadied at 25,100, holding its ground despite headwinds from pharma, PSU banks, and realty stocks dragging the market down. While these sectors faced selling pressure, other heavyweight stocks helped balance the scales, keeping investor sentiment cautiously optimistic. Traders are watching closely as the market navigates sector-specific challenges and global cues. Will the bulls roar back, or is a correction brewing? Stay tuned as the market story unfolds—this rollercoaster ride is far from over!
On Monday, July 21, benchmark indices rebounded smartly, snapping a two-day losing streak. The Nifty 50 closed above the 25,000 mark at 25,090.70, gaining 122.30 points (0.49%), while the Sensex rose 442.61 points (0.54%) to end at 82,200.34. Markets were volatile early on, with Nifty dipping below 24,900 for the first time since June 23 before recovering strongly, led by gains in banks, auto, and metal stocks. Sectoral action was mixed—auto, realty, and private banks rose 0.5–1%, while IT and FMCG dragged. Key gainers included Eternal, HDFC Bank, and M&M, while Reliance and Wipro slipped.
Global markets began the day on a strong note, led by a rebound in Japan despite its ruling coalition losing the upper house majority. Asian indices traded higher, with Japanese stocks showing resilience and South Korea preparing for key trade discussions with the U.S. on Friday. In the West, U.S. markets closed at record highs—both the S&P 500 and Nasdaq surged, driven largely by a rally in Alphabet, though the Dow underperformed. Investors now await earnings from Alphabet and Tesla on Wednesday, marking the start of the “Magnificent Seven” reporting season. European markets ended mixed as investors await clarity on potential US-EU tariffs. Meanwhile, all eyes are on Fed Chair Jerome Powell’s speech later today for rate guidance. In macro cues, U.S. yields fell to a one-week low on growth concerns, the dollar index dipped 0.6%, and gold climbed to a five-week high. Oil slipped below $69 as sanctions had limited impact and trade tension persisted.
At 7:30 AM, GIFT Nifty futures are pointing to a strong opening for Indian equity markets, suggesting a positive tone for the trading session ahead. As of the latest data, Nifty futures were trading at around 25,182.50, indicating a gain of 93.5 points or approximately 0.37 percent. This uptick reflects optimistic sentiment among global and domestic investors, likely supported by favorable cues from international markets and consistent inflows. The positive movement in GIFT Nifty often serves as a reliable early indicator of how the Nifty 50 may perform when markets open for regular trading in India