Category: Business News & Economy

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Seven BSE 100 stocks, including TVS Motor, Divi’s Laboratories and Nestle India, touched fresh 52-week highs as Sensex gained 273 points. The milestone reflected sustained buying interest, improving investor confidence and strong upward momentum amid the broader market rally.

IRB Infrastructure has reported a remarkable 51 percent profit increase for the June quarter, bolstered by strong revenue figures. The company experienced a modest rise in total income compared to last year’s performance. Additionally, they announced an interim dividend of sixty crore rupees, reaffirming their commitment to achieving asset growth goals.

Indian benchmark indices ended higher on Thursday, with the Sensex rising 274 points and the Nifty closing above 24,300 after the US Fed kept rates unchanged. M&M, Coal India and Maruti Suzuki led the gains, while Adani Ports, HDFC Life and Shriram Finance emerged as the top laggards.

Maruti Suzuki is expected to post strong Q1FY27 revenue growth of 31% YoY, driven by robust volumes and better realisations. However, the average estimates of six brokerages point to a 7% decline in net profit as higher commodity costs, increased discounts and lower other income weigh on margins. Investors will closely watch management commentary on…

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…

Rising credit default swaps on major technology companies are fuelling concerns over a potential AI-driven market correction. Investors are drawing parallels with Michael Burry’s successful 2008 bet, while surging AI spending, leverage and elevated valuations intensify debate over whether markets are becoming overheated.

As enterprise AI shifts from cost-saving to revenue generation, the ET Most Innovative AI Product Awards 2026 recognise AI innovations driving customer experience, marketing excellence and measurable business growth.

Indian stock markets extended gains on Thursday after the US Federal Reserve paused interest rates. However, some policymakers signaled a potential rate hike later this year. Broader markets experienced declines while select large-cap stocks led the Sensex higher. Rising Brent crude prices and a split Fed decision present significant headwinds for markets. The Indian economy’s…

Vedanta’s board has approved a demerger of its real estate business. This will create a new pure-play real estate company called Vedanta Property Platforms. Shareholders will receive one new share for every twenty held in Vedanta. The company plans to list equity shares of VPPL on stock exchanges. This move aims to unlock value from…