July 6, 2026 – Page 15

HDFC Bank shares rose 2% after the lender reported healthy business growth for the April-June quarter of FY27. Gross advances increased 15.4% year-on-year to Rs 30.61 lakh crore, while advances under management rose 12.4% to Rs 31.27 lakh crore. Period-end deposits climbed 14.7% to Rs 31.71 lakh crore, reflecting steady credit and deposit growth.

Business News

Adani Enterprises among 4 stocks that closed above VWAP, signaling bullish shift

FinSiddhiJuly 6, 2026

Four Nifty500 stocks, Zensar Technologies, Adani Enterprises, Astral, and ABB India, closed more than 1% above their VWAP on July 3, signaling potential bullish momentum and strengthening positive market sentiment, according to technical scan data.

Business News

The Q1 verdict: Can TCS, Infosys, other IT results stop a Rs 17 lakh crore AI-led rout?

FinSiddhiJuly 6, 2026

India’s top IT firms like TCS and Infosys face a crucial earnings season after a massive Rs 17 lakh crore market value erosion. Analysts anticipate muted results and weak future guidance, citing client spending slowdowns, pricing pressures, and the disruptive impact of AI. Investors are keenly watching if current valuations reflect the anticipated slower growth…

Business News

Poly Medicure among 4 stocks that closed below VWAP

FinSiddhiJuly 6, 2026

Four Nifty500 stocks, Poly Medicure, Aditya Birla Real Estate, Siemens Energy India, and Onesource Specialty Pharma, closed over 2% below their VWAP on July 3, indicating potential bearish momentum and heightened selling pressure, according to technical scan data.

Business News

Shakti Pumps shares surge 8% on Rs 354 crore solar pump order from MSEDCL

FinSiddhiJuly 6, 2026

Shakti Pumps shares rose sharply on Monday trade after the company won a Rs 353.89 crore order from MSEDCL. The contract covers the supply, installation and commissioning of 15,000 off-grid solar photovoltaic water pumping systems under Maharashtra’s Magel Tyala Saur Krushi Pump Yojana.

Business News