Man was denied Section 54F income tax exemption as builder delayed villa construction by 4 years; Telangana HC grants relief, says taxpayer can’t suffer for builder’s fault

Mutual funds consistently raised stake in 97 smallcap stocks over four consecutive quarters. Among these, 13 smallcaps registered returns between 50% and 103% over the past year. Senores Pharmaceuticals led the rally, while counters like Astra Microwave, Data Patterns, and Ujjivan SFB saw steady institutional buying.

Eight international equity mutual funds posted double-digit losses in July, led by Nippon India Taiwan Equity Fund. Experts attribute the decline to a correction in global technology and AI stocks.

Infosys is expected to post double-digit growth in revenue and profit for Q1FY27, aided by seasonal factors and acquisitions. However, brokerages remain divided on whether the IT major will raise or trim its FY27 revenue growth guidance amid macro uncertainty, weak discretionary spending and AI-led pricing pressure.