Business

06

Jul

By The Press Editor

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Business

IT stock under Rs 50 in focus post update on AI-powered multilingual complaint-recording application | Markets

Mumbai: Shares of Hyderabad-based Blue Cloud Softech Solutions are in focus during today's trading session amid a rally in benchmark equity indices, with the Sensex and Nifty rallying, driven by buying in blue-chip bank stocks and lower crude oil prices. The stock opened the trading session in the green on the BSE at Rs 21.69, up from the previous close of Rs 21.45. Amid heavy trading volume, the stock gained to touch an intraday high of Rs 22.39, up Rs 0.94, or 4.38 per cent, from the previous close. Last seen, the scrip held firmly in the green at Rs…

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06

Jul

By The Press Editor

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Business

Aastha Spintex shares debut at 4.4% discount to IPO price, gains after listing: Check details | Markets

Mumbai: Shares of textile manufacturer Aastha Spintex Ltd made a muted debut on the bourse on Monday, July 6, 2026. The stock listed at Rs 130 apiece, a discount of 4.41 per cent over the issue price of Rs 136 per share on the BSE and National Stock Exchange (NSE). Considering the listing price, investors incurred a loss of Rs 660 per allotted lot. A lot had 110 equity shares. However, the stock saw buying at these levels and surged to touch the intraday high of Rs 135.35, a gain of Rs 5.35, or 4.11 per cent, from the listing…

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06

Jul

By The Press Editor

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Business

Sensex jumps 176 points, Nifty above 24,300 as crude oil prices remain below $70 per barrel, bank stocks gain | Markets

Mumbai: Indian equity benchmark indices, the Sensex and Nifty, opened in the green on July 6, 2026, as crude oil prices have remained contained in the USD 68–69 per barrel range. While the 30-share BSE Sensex gained 176.99 points or 0.22 per cent to start the session at 77,940.90, the Nifty gained 36 points to open at 24,306.85. In the last trading session, the Sensex closed at 77,763.91 and the Nifty 50 at 24,270.85. Similarly, the broader indices traded in the green in the opening session. While the BSE Midcap Select Index was up by 61.63 points, the BSE Smallcap…

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05

Jul

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Business

‘Should never have been brought’: US Justice Department seeks Adani case dismissal, blames anonymous leakers | Business

New York: The US Department of Justice has strongly defended its decision to drop the criminal case against Indian billionaire Gautam Adani and seven others, telling a federal judge that the prosecution was legally flawed, diplomatically counterproductive, and inconsistent with the Trump administration's enforcement priorities. In a sharply worded 10-page filing, the DOJ said the case "should have been dropped a year ago -- or never brought in the first place," arguing that the court had only a limited role in reviewing its decision to dismiss charges with prejudice. The filing came after US District Judge Nicholas Garaufis asked the…

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03

Jul

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Business

Defence stock in focus as DAC approves capital acquisition proposals worth Rs 52,000 crore | Markets

Mumbai: The Defence Acquisition Council (DAC), under the chairmanship of Defence Minister Rajnath Singh, on Friday accorded Acceptance of Necessity (AoN)to various acquisition proposals for the Defence Forces at an estimated cost of about Rs 52,000 crore. For the Indian Army, approval of granted for the procurement of Anti-Unmanned Aerial Vehicles (UAV) Electronic Warfare System ‘AKASH TARANG’, Man Portable Anti-Tank Guided Missile (MPATGM) Systems, Medium Range Surface-to-Air Missile (MRSAM) Weapon System, Very Short Range Air Defence System (V-SHORADS), Active Protection System for Tanks and Jet Based Kamikaze Drone System. AMSL shares to be in focus Hyderabad-based defence electronics company Apollo…

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03

Jul

By The Press Editor

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Business

Rs 10 lakh lump sum Vs Rs 10,000 SIP for 20 years – Which mutual fund investment is better? | Personal-finance

New Delhi: Many investors often wonder whether a lump-sum investment or a monthly SIP creates a larger corpus over the long term. A SIP and lump-sum calculator helps clarify the difference and how investment amount, timing, and compounding work together. Both investment methods have their own advantages. To choose between the two, investors can consider factors such as risk appetite, market conditions, investment horizon, and the amount of money available for investment.  SIP Vs Lump Sum Calculator: Why is this comparison important?  SIPs and lump-sum investments are both different ways to participate in market-linked investments. In a lump-sum investment, the entire…

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03

Jul

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Business

Nita Ambani conferred with AAPI Humanitarian Award in Florida’s Tampa | Business

Florida: Reliance Foundation founder and chairperson Nita Ambani was conferred with AAPI Humanitarian Award in Tampa of Florida in the United States (US) for her contributions to fields such as healthcare, education and sports.  The award, which is presented by the American Association of Physicians of Indian Origin (AAPI), was conferred to Nita Ambani Tampa Mayor Jane Castor.  The award is considered as one of the most "cherished civic honours" in the US, which symbolises that Tampa "opens its doors to those who have served humanity with distinction". "The award recognizes her extraordinary contributions to healthcare, education, sport, culture, community…

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03

Jul

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Business

Waterways Leisure Tourism continue to hit upper circuit post listing, jumps 21% in two days | Markets

Mumbai: Shares of Cordelia Cruises operator Waterways Leisure Tourism Ltd have surged 21 per cent in just two days after the muted debut on the bourses. The stock ended its debut session on Wednesday with a discount of over 17 per cent to the issue price of Rs 808. The stock listed on the National Stock Exchange (NSE) at Rs 681, while on the BSE, it listed at Rs 690, a discount of approximately 14.6 per cent. Today, it surged 10 per cent to hit the upper circuit for the second consecutive session. The market cap of the company stood at…

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03

Jul

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Business

Stock markets end session higher despite intermittent volatility and profit-booking | Markets

Mumbai: Benchmark indices Sensex and Nifty ended the trading session in the green on July 3, 2026, despite intermittent volatility and profit-booking. The 30-share BSE Sensex added 261.79 points or 0.34 per cent to settle at 77,763.91. During the day, the benchmark hit a high of 78,157.52 and a low of 77,710.01, gyrating 447.51 points. The 50-share NSE Nifty gained 95.15 points or 0.39 per cent and ended the session at 24,270.85. However, the broader market saw profit-booking and ended in the red. While the BSE MidCap Select Index dropped 0.46 per cent, the BSE SmallCap Select Index fell 0.33…

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03

Jul

By The Press Editor

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Business

Gold, silver rates gain up to 2% on MCX supported by a weaker US dollar: Check new rates | Markets

Mumbai: Rates of precious metals in futures rebounded on Friday, July 3, 2026, as US dollar slipped below the 100 mark after a softer-than-expected June jobs report. The gold August 5 contract on the Multi Commodity Exchange (MCX) opened with a gain of Rs 2,082 or 1.42 per cent at Rs 1,47,840 per 10 grams against the previous close of Rs 1,45,758. It gained later to touch an intraday high of Rs 1,48,046, a gain of Rs 2,288 or 1.56 per cent. In between, it touched an intraday low of Rs 1,47,375. Last seen, it was trading at Rs 1,47,803…

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