Markets

Goldman Sachs Predicts Bank and Large Cap Surge to Lead India's Next Market Leg Goldman Sachs is signaling a nuanced shift in the coming market cycle, suggesting that the next phase of India’s recovery will be driven by specific value plays rather than broad-based rallies. The brokerage states that institutional investors should expect leadership to move away from crowded sectors towards cheaper and more domestically linked names.The bank's thesis suggests that while previous market enthusiasm was broadly spread, the forthcoming leg up will be highly selective. This view comes after a challenging stretch for Indian equities, with the Nifty reportedly falling 9% in the first half of 2026, placing India among the weakest regional...

India-Japan Security Pact Surges: Leaders Commit to Free, Open Indo-Pacific Amid Strategic Dialogue The foundation of regional stability was reinforced as India and Japan concluded their 8th Defence Policy Dialogue in Tokyo on July 13, 2026. The dialogue saw Indian Defence Secretary Shri Rajesh Kumar Singh lead the Indian delegation, meeting with Mr. Kano Koji, Vice Minister of Defence for International Affairs from Japan. Both nations thoroughly reviewed the extensive progress made in bilateral defence cooperation.The two delegations reaffirmed their commitment to bolstering the already strong India-Japan Special Strategic and Global Partnership. They engaged in comprehensive discussions concerning the prevailing global and regional...

Kirloskar Ferrous Industries Announces AGM Details and Recommends Final Dividend Kirloskar Ferrous Industries Limited (KFIL) has announced key details regarding its upcoming Annual General Meeting (AGM), including the recommendation of a final dividend for the financial year 2025–2026. The company also set specific dates for the record date and electronic voting facility ahead of the meeting.The 35th Annual General Meeting of Kirloskar Ferrous Industries Limited is scheduled to be held on Wednesday, August 5, 2026, at 4:00 p.m. (IST). The AGM will utilize a Video Conferencing (VC) or Other Audio Visual Means (OAVM) facility.Dividend and Record Date The Board of Directors, during its meeting held on June 12, 2026, recommended a Final...

Enterprise International Ltd to Hold Board Meeting for Provisional Financial Results Approval Enterprise International Ltd has scheduled a meeting of its Board of Directors to review and approve the un-audited financial results for the first quarter of fiscal year 2026.The company's board meeting is set to take place on August 6, 2026, at 3:00 P.M. The session will be held at the registered office of Enterprise International Ltd.During the meeting, the Board of Directors is tasked with approving and officially taking on record the Provisional Financial Results for the three months that concluded on June 30, 2026.Stock Price Movement As of 13:45, Enterprise International Ltd. is currently ticking down at ₹20.50 after slipping by...

Permanent Magnets Ltd. Announces Date for 65th Annual General Meeting and Key Timelines Permanent Magnets Ltd. has announced key schedules related to its upcoming Annual General Meeting (AGM), providing details regarding the meeting date, book closure period, record date, and e-voting facility. The company is set to hold its 65th AGM on Wednesday, August 05, 2026.The Annual General Meeting of the company members will be conducted through Video Conference (VC) or other Audio-Visual Means (OAVM).Operational Timelines and Voting Schedule Permanent Magnets Ltd. established specific dates for shareholders to participate in the AGM and determine dividend entitlements. The Record Date, which determines member entitlement to receive a...

AJC Jewel Manufacturers Ltd Subsidiary Opens Third Showroom in Kerala, Boosting Retail Presence AJC Jewel Manufacturers Ltd has expanded its retail network through its subsidiary, Esthara Jewels Private Limited. The company announced the inauguration of its third showroom, marking a significant step in its business expansion strategy.The new outlet was officially inaugurated on July 12, 2026. It is located at Market City Mall in Perinthalmanna, which falls under the Malappuram District of Kerala.The purpose of this recently opened showroom is to undertake the retail sale of silver jewellery. This addition aligns with AJC Jewel Manufacturers Ltd's ongoing commitment to strategic growth and market reach within the jewelry sector...

National Securities Depository Ltd Holds Board Meeting to Approve Q2 Results and Set AGM Dates National Securities Depository Limited (NSDL) has announced a board meeting scheduled for Thursday, July 30, 2026. The meeting is set to address several key corporate matters, including the review of financial performance and the planning stages for the upcoming annual general meeting.The agenda for the Board of Directors includes the consideration and approval of the Unaudited (Standalone and Consolidated) Financial Results of the Company for the quarter ended June 30, 2026, along with the Limited Review Report associated with these results.Additionally, the board is mandated to fix the date, time, and method for holding the Annual...

JBM Auto Shares Surge as MoU with Drivn Seals Deal to Supply 500 Electric Luxury Buses JBM Auto's stock rallied significantly in intraday trading after its subsidiary, JBM Electric Vehicles Pvt Ltd., signed a crucial memorandum of understanding (MoU). The deal involves supplying 500 electric luxury buses to the commercial vehicle leasing platform Drivn.The market responded positively to the news, with the stock climbing up to 3.3 percent in intraday trade. At its peak, JBM Auto reached an intraday high of Rs 707.50 on the NSE. Later, while showing some consolidation, shares were trading at Rs 695.30, marking a gain of 1.55 percent around 1:45 pm.Details of the Strategic EV Partnership The partnership between JBM Electric Vehicles...

JSW Infra Shares Surge as Firm Launches Major Port Expansion Project in Kolkata JSW Infrastructure shares saw a significant rally on July 13 after the company incorporated a wholly-owned Special Purpose Vehicle (SPV). This move marks the official commencement of a substantial investment at the Syama Prasad Mookerjee Port in Kolkata.The project, which involves developing the Outer Container Terminal and modernizing Berths 1–5 at Netaji Subhas Dock, represents the start of an ₹832.25 crore expenditure. This initiative is structured under a 30-year DBFOT concession.Expanding Coastal Logistics Capacity This new development is set to add 0.93 million TEUs of annual container capacity. With this addition, the Kolkata Dock System's total...

Magellanic Cloud Secures ₹6.93 Crore Order from South Central Railway, Boosting Rail Surveillance Portfolio Magellanic Cloud Ltd, through its wholly owned subsidiary Provigil Surveillance Limited, has significantly reinforced its presence in India's critical railway surveillance and security infrastructure segment after securing a substantial new order from the South Central Railway, Vijayawada Division.The latest contract, valued at ₹6.93 crore, arrives shortly after the company secured an earlier railway surveillance project worth ₹6.25 crore from the same division. This new assignment brings the cumulative value of railway surveillance orders won from South Central Railway, Vijayawada Division to ₹13.18 crore within a single week...

Crude Oil Futures Surge Nearly 6% as US-Iran Conflict Reignites Supply Fears in Strategic Waterway Crude oil futures witnessed a sharp rally on Monday, driven by renewed military confrontations between the United States and Iran. Concerns over potential supply disruptions through the Strait of Hormuz, a vital global transit route, fueled the significant price increase across commodity exchanges.On the Multi Commodity Exchange (MCX), crude futures for July delivery climbed Rs 384, marking a nearly 6 per cent jump to reach Rs 7,198 per barrel. The August contract also advanced, gaining Rs 359 or 5.25 per cent, settling at Rs 7,197 per barrel in a turnover of 4,139 lots.Escalation Over Strait of Hormuz Sparks Market Frenzy The sudden...

Nifty IT Surges 4% as TCS Closes Mega-Deal with ABB and AI Partnerships Fuel Tech Stock Breakout The Information Technology sector dominated market action on Monday, with the Nifty IT index surging by nearly 4 percent. The rally saw the IT pack decisively outperform both the Sensex (which was flat) and the Nifty 50 (which traded marginally lower). This broad-based strength across the sector was propelled by major contract wins and strategic announcements centered around advanced Artificial Intelligence capabilities.TCS Secures Mammoth AI Deal with ABB Boosting Share Price Tata Consultancy Services (TCS) led the sectoral rally, shooting up over 5 percent after announcing a high-profile agreement with ABB. This multi-million dollar...

Power Finance Corporation Incorporates SPV for Network Expansion Scheme in Western Region Power Finance Corporation Ltd (PFC) has created a new subsidiary to drive its network expansion initiatives in the transmission sector. The company has incorporated Satara Power Transmission Limited, a Special Purpose Vehicle (SPV), to manage preparatory activities associated with major Independent Transmission Projects (ITPs).Satara Power Transmission Limited has been established as a wholly-owned subsidiary of PFC Consulting Limited (PFCCL). PFCCL itself is a wholly owned subsidiary of Power Finance Corporation Limited. The SPV's purpose is focused on the Network Expansion Scheme in the Western Region, specifically addressing pumped storage...

Kamdhenu Ltd Reports Robust Sales Growth, Commissions 5 MW Solar Plant for Green Steel Initiative Kamdhenu Limited has reported a strong operational performance for the quarter ending June 30, 2026. The company continues to operate through an asset-light business model focused on branding and marketing steel products, while also achieving a significant milestone in its commitment to sustainable growth by commissioning a solar power plant.The operational highlights for Kamdhenu Ltd show consistent growth across various segments of the brand. Total sales under the Kamdhenu Brand (Company + Franchisees) reached 10,60,557 MT in Q1 FY27, marking an 8.9% increase compared to the previous year's total of 9,74,099 MT.The overall sales...

Gujarat Alkalies and Chemicals Ltd to Hold Board Meeting for Q1 Provisional Results; Trading Window Reopens July 27Gujarat Alkalies and Chemicals Limited has announced a board meeting scheduled for Thursday, July 23, 2026. The meeting is set to consider the Standalone and Consolidated Un-audited (Provisional) Financial Results for the First Quarter, which ended on June 30, 2026.In addition to the financial review, the company provided details regarding the operational status of its trading window for designated persons.The trading window for sale or purchase of the company's Equity Shares remained closed starting Wednesday, July 1, 2026. The period of closure extends through Saturday, July 25, 2026, and is scheduled to reopen on...

Mrs Shagun Rathi Resigns from Roles of Company Secretary and Compliance Officer at Shangar Decor LtdShangar Decor Ltd has announced the resignation of Mrs Shagun Rathi from her roles as Company Secretary and Compliance Officer. The resignation takes effect immediately after the close of business hours on July 13, 2026.Mrs Rathi submitted her resignation following personal reasons. During her tenure with the company, she held both the position of Company Secretary and Compliance Officer.The details regarding the change in office bearers are summarized below:RoleIndividualReason for ChangeDate of CessationCompany Secretary and Compliance OfficerMrs Shagun RathiPersonal reasonsJuly 13, 2026Stock Price Movement As of 13:59...

OM Infra Ltd receives rating upgrade from Infomerics for bank facilities Infomerics Valuation and Rating Pvt. Ltd. (Infomerics) has assigned and revised credit ratings for the total bank loan facilities of Om Infra Limited, reflecting improvements over its previous ratings by CARE Ratings Limited. The new ratings cover a total facility size of Rs. 718.96 Crore.The rating assignment provides insights into the company’s financial standing, operation scale, and future stability, set against a backdrop of strong order book visibility and improved capital structure.Facility Rating Details Infomerics assigned an upgraded outlook to Om Infra Limited's bank facilities. The ratings for both long-term and short-term bank facilities are...

Yatra Online Partners with Kanoo Travel for Strategic Expansion into Middle Eastern Enterprise Market Yatra Online Limited has announced a strategic partnership with Kanoo Global Travel Holding Limited and Yusuf Bin Ahmed Kanoo (Holdings) Co. B.S.C. (Closed). This collaboration marks Yatra's first significant international expansion as the two entities aim to transform enterprise travel across the Middle East region.The Memorandum of Understanding (MoU), established between Yatra Online Limited, its wholly owned subsidiary Yatra Middle East LLC, and Kanoo Travel, outlines a comprehensive service arrangement and technology platform provision by Yatra Online. The agreement is set for a term of 7 Years.Under the terms of the...

Sona BLW Precision Forgings Ltd Announces Board Meeting to Approve June Quarterly Financial Results Sona BLW Precision Forgings Limited has announced that a meeting of its Board of Directors is scheduled to consider and approve the unaudited standalone and consolidated financial results for the quarter ended on June 30, 2026.The Board meeting is set for Thursday, July 23, 2026. The purpose of the meeting includes reviewing and approving the company’s performance metrics as reflected in the financial results.In addition to the board deliberation, the company has instituted a trading window restriction regarding these quarterly outcomes.Effective from this announcement, the trading window for all Directors, Officers, and Designated...

Newgen Software Technologies Schedules Q1 FY27 Results Conference Call Newgen Software Technologies Ltd has announced a conference call regarding its Q1 FY27 results. The meeting is scheduled for Thursday, July 16, 2026, at 4:00 P.M. (IST).The company's management team will represent the organization during the Group Meet and conference call, which is intended to provide insights into the first quarter of fiscal year 2027.Details regarding the Q1 FY27 Results Conference Call are as follows:DetailInformationDateThursday, July 16, 2026Time4:00 P.M. (IST) / 16:00 hrsNature of MeetingGroup Meet / Conference CallThe conference call will be represented by members of the company's leadership team, including T.S...