The rupee appreciated 15 paise to 95.28 against the U.S. dollar in early trade on Tuesday (July 7, 2026) on improved market sentiment after reports that Saudi Arabia has slashed August crude oil prices for Asia amid easing of geopolitical tensions in West Asia. Forex traders said lower West Asia risk premium and higher traffic…
SEBI’s move is aimed at improving flexibility and execution efficiency, while potentially enhancing the attractiveness of buybacks as a capital allocation tool for listed companies. File | Photo Credit: The Hindu Markets regulator Securities and Exchange Board of India (SEBI) has notified rules to reintroduce share buybacks through stock exchanges, allowing companies to repurchase their…
The proposed IPO comprises a fresh issue of equity shares worth up to ₹950 crore. | Photo Credit: The Hindu Fitness services platform Cult.fit Ltd has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The proposed IPO comprises a fresh issue of equity shares worth up…
A view of the Bombay Stock Exchange (BSE) building. File | Photo Credit: ANI Benchmark indices Sensex and Nifty rebounded in early trade on Thursday (July 9, 2026) after a sharp fall in the previous session amid foreign fund inflows and buying in blue-chip stocks. The 30-share BSE Sensex climbed 495.86 points to 76,998.54 in…
Image for representational purposes only. File | Photo Credit: Reuters The rupee rose 15 paise to 95.32 against U.S. dollar in early trade on Friday (July 10, 2026) as the greenback weakened and oil prices eased despite intensifying tensions in West Asia. FII outflows and uncertainties over fresh tensions in West Asia weighed on the…
From the Sensex pack, HCL Tech, Infosys, Tata Consultancy Services, Tech Mahindra, UltraTech Cement and Asian Paints were among the major winners. File photo for representational purposes only. | Photo Credit: Reuters Stock market benchmark indices Sensex and Nifty surged in early trade on Friday (July 10, 2026), driven by a rally in IT firms…
Easing crude oil prices and buying in IT stocks, after TCS reported an increase in its June-quarter net profit and guided towards an improvement in demand in the ongoing quarter, also propelled the rally in the domestic market. File | Photo Credit: PTI Stock market benchmark indices Sensex and Nifty ended 1% higher on Friday…
Representational image. File | Photo Credit: AFP The rupee rose 14 paise to settle at 95.33 (provisional) against the U.S. dollar on Friday (July 10, 2026), as the greenback weakened and crude oil prices eased despite intensifying tensions in West Asia. Foreign institutional investorsoutflows and uncertainties over fresh tensions in West Asia weighed on the…
TCS order book stood at $9.5 billion while its annualised AI revenue rose to more than $2.6 billion. File picture | Photo Credit: Reuters Shares of Tata Consultancy Services advanced more than 4% a day after India’s top software services exporter beat quarterly revenue estimates with deal wins and rising AI-related revenue raising hopes for…
The IPO comprises an offer for the sale of up to 203.7 million shares, representing about 10% of SBI Funds Management’s paid-up equity capital. File | Photo Credit: Reuters State Bank of India said, on Wednesday (July 8, 2026), its asset management joint venture, SBI Funds Management, filed a red herring prospectus for its Initial Public…
