Stock Market Today Live, July 15: Sensex gains 400 points, Nifty near 24,150 as earnings lift sentiment

Asian shares rise after rally on Wall Street as data show US inflation slowing

Asian shares mostly rose Wednesday, tracking a rally on Wall Street following a report that showed US inflation was not as bad last month as economists expected.

South Korea’s Kospi surged 6.2 per cent to 7,284.41 as prices rebounded from a recent sell-off in semiconductor stocks. Shares in computer chipmaker SK Hynix rose 9.4 per cent, while those of Samsung Electronics surged 6.1 per cent.

Japan’s benchmark Nikkei 225 rose 1.3 per cent to 68,613.89.

Australia’s S&P/ASX 200 rose 0.4 per cent to 8,841.10.

Hong Kong’s Hang Seng edged up 1.5 per cent to 24,701.10, while the Shanghai Composite lost 0.2 per cent to 3,957.79 after the Chinese government reported the economy expanded at a 4.3 per cent annualised pace in April-June, slowing sharply from 5 per cent in the first quarter of the year. – ap-pti

Raymond Realty Limited Announces 8th Major Joint Development Project in Mumbai.

Instamart partners with HPCL to launch India’s first on-demand LPG cylinder delivery; debuts HP Navya composite cylinder in Bengaluru

Instamart, India’s pioneering quick commerce platform, today announced a partnership with Hindustan Petroleum Corporation Limited (HPCL), a Maharatna Central Public Sector Enterprise, to launch India’s first on-demand LPG cylinder delivery service on a quick commerce platform. The partnership brings one of the most essential household needs into the instant-delivery fold. The launch also marks the debut of HPCL’s newly launched HP Navya, its next-generation 10 kg composite LPG cylinder, on Instamart.

The service will first go live in Bengaluru, where consumers can order HP Navya, which is lighter, corrosion-resistant and built with enhanced safety features, designed for modern living. This cylinder is easy to carry and features a translucent body that enables customers to conveniently monitor the gas level. Its compact, contemporary design makes it an ideal choice for apartments, small families, working professionals, students, and households looking for a convenient secondary LPG cylinder. In addition to this, the 5 kg metal LPG cylinder will also be available. Notably, no existing domestic LPG connection is required, making it a flexible, on-demand option for a wider set of consumers, including students, working professionals and smaller households.

Texmaco Rail CFO Kishor Kumar Rajgaria resigns due to personal reasons

Texmaco Rail informed that Kishor Kumar Rajgaria, Chief Financial Officer of the Company, tendered his resignation from the services of the Company due to personal reasons with a request to relieve him at the earliest.

RIR Power Electronics Limited rings the Bell : NSE Listing from Thursday, July 16

RIR Power Electronics Limited, one of India’s leading manufacturers of high-power semiconductor devices and power electronics solutions, is pleased to announce that it will be listed on the National Stock Exchange of India Limited (NSE) with effect from Thursday, July 16, 2026, following the receipt of the necessary approval from the exchange for listing and trading of its securities. The company has been listed on BSE Limited (BSE) since 1986, reflecting its long-standing presence in India’s capital markets.

The listing on the NSE marks a significant milestone in the company’s corporate journey and is expected to enhance stock liquidity, improve price discovery, and broaden access to a diversified base of institutional and retail investors.

Commenting on this important milestone, Dr. Harshad Mehta, Non-Executive Chairman of RIR Power Electronics Ltd. , said: “The proposed listing of RIR Power Electronics on the National Stock Exchange represents an important chapter in our growth journey. It reflects the trust our shareholders have placed in us and acknowledges the dedication of our employees, customers, partners, and all stakeholders. The NSE listing will provide us with greater visibility in the capital markets and further strengthen investor confidence as we continue to expand our technological capabilities and support India’s growing semiconductor and power electronics ecosystem.”

Adding to this, Mr. N. Ramesh Kumar, Managing Director & CEO of RIR Power Electronics Ltd ., stated : “The NSE listing is a pivotal step in strengthening our growth trajectory. It provides us with a stronger platform to attract diverse investors, channel resources into innovation, and expand our footprint across critical sectors. This milestone reinforces our commitment to building a globally competitive enterprise that contributes meaningfully to India’s semiconductor and power electronics ecosystem.”

RIR Power Electronics founded in 1969 has a current market cap of ~ Rs. 1,257 crores (as on 14-07-2026) and produces crucial semiconductor devices used across critical infrastructure sectors including railways, defense, Electric Vehicles (EV’s) and power generation. The company currently operates one manufacturing plant in Halol, Gujarat and is setting up a new upcoming facility in Bhubaneshwar, Odisha.

Goldiam International bags ₹60 crore export orders for lab-grown diamond jewellery; shares at ₹352 on NSE

Goldiam International has received purchase orders of Rs.60 crores for manufacturing and export of lab-grown diamonds jewellery. 

Shares traded at Rs 352 on the NSE.

Asian Granito India to convert UAE unit loans into equity; stake to reduce to 51% after proposed fresh issue

Asian Granito India approved the conversion of outstanding loans and expenses receivable from its UAE unit, Harmony Surfaces Marbles TR. LLC S.P, into equity through the subscription of 372 shares worth AED 13,00,430 (about ₹3.38 crore). The company also noted a proposed fresh equity issue to third-party investors, which will reduce its stake in the unit to 51 per cent from 100 per cent.

Steel Strips Wheels Q1 net profit rises to ₹71.5 crore; shares jump 7% to ₹267.4 on NSE

Steel Strips Wheels posted standalone net profit for the quarter ended June 2026 at Rs 71.51 crore compared to Rs 49.93 crore in the same quarter last year.

Shares zoomed 7% to Rs 267.4 on the NSE.

Union Bank of India Q1 net profit rises 29% to ₹5,332 crore; shares surge 3% to ₹176.40 on NSE

Union Bank of India posted standalone net profit for the quarter ended June 2026 at Rs 5332.30 crore compared to Rs 4115.53 crore in the same quarter last year.

Shares surged 3% to Rs 176.40 on the NSE.

Fedbank Financial Services Q1 net profit rises to ₹114.38 crore; shares jump 10% to ₹170.25 on NSE

Fedbank Financial Services reported net profit after tax for the quarter ended June 2026 at Rs 114.38 crore, compared to Rs 75.01 crore in the same quarter last year.

Shares jump 10% to Rs 170.25 on the NSE.

Tech Mahindra Q1 margins seen rising up to 50 bps on cost optimisation

Tech Mahindra Q1 results preview: Margins seen rising up to 50 bps on cost optimisation

Analysts foresee revenue to increase around 1% sequentially, supported by telecom deal ramp-up and broad-based growth across verticals

Rupee at 96, soaring lithium and copper prices cloud auto industry’s festival season outlook

Weak rupee and rising commodity prices squeeze auto makers’ margins despite festive demand

India’s auto makers face margin pressure as a weak rupee and soaring lithium, copper and aluminium prices raise costs despite strong festive demand.

Zoho launches AI-powered Classes 2.0 LMS, targets regulated educational institutions

Zoho launches AI-powered Classes 2.0 LMS, targets regulated educational institutions

Zoho unveils AI-powered Classes 2.0 LMS, enhancing education for regulated institutions with innovative features for teachers and students.

Anupam Rasayan signs $300 mn LOI with Spain’s BasqueVolt for battery chemical supply

Anupam Rasayan signs $300 mn LOI with Spain’s BasqueVolt for battery chemical supply

The company said the LOI was preliminary and any supply agreement would depend on successful product development and the negotiation of a definitive supply contract.

Passenger vehicle dispatches rise 24.1% at 3,88,144 units in June: SIAM

Passenger vehicle dispatches rise 24.1% at 3,88,144 units in June: SIAM

Domestic passenger vehicle dispatches from companies to dealers rose 24.1 per cent year-on-year to 3,88,144 units in June this year, industry body SIAM said on Wednesday.

Tega Industries’ Chilean subsidiary loses tax appeal in Santiago; evaluating next steps

Tega Industries said its step-down subsidiary, Tega Industries Chile SpA, has informed the company that the First Tax and Customs Tribunal in Santiago, Chile, has dismissed its appeal and upheld the position of the Chilean tax authorities. The subsidiary is evaluating the order in consultation with legal and tax advisors.

Siyaram Recycling secures ₹49.86 lakh brass scrap order from Bhavya Impex

Siyaram Recycling Industries Ltd” secured a noteworthy order from Bhavya Impex for Brass Scrap Honey (U K), total order worth Rs. 49,85,500.

Around 12 noon, Sensex traded 493.35 pts or 0.64% positive at 77,548.29; and Nifty 50 was up 124.15 pts or 0.52% to 24,176.20

Cube Highways Trust IPO: Price band set at ₹151-152/unit for ₹5,000 cr public issue

Cube Highways Trust IPO: Price band set at ₹151-152/unit for ₹5,000 cr public issue

Cube Highways Trust sets IPO price band at ₹151-152/unit for ₹5,000 crore public issue opening July 22.

Ksolves India Q1 net profit rises to ₹8.48 crore; board declares ₹4 interim dividend; shares surge 14% to ₹338.50 on NSE

Ksolves India’s standalone net profit for the quarter ended June 2026 stood at Rs 8.48 crore compared to Rs 6.62 crore in the same quarter last year.

Board declared 1st interim dividend of Rs 4 per share. Record date is July 21, 2026.

Shares jumped over 14% to Rs 338.50 on the NSE.

Indian Gas Exchange files draft prospectus for IPO; IEX to sell up to 1.67 crore shares

IEX said its associate Indian Gas Exchange (IGX) has filed a draft red herring prospectus with SEBI and BSE for a proposed IPO comprising an offer for sale of up to 1.67 crore equity shares by IEX.

DIC India appoints Hayato Kashiwagi as Managing Director effective September 1, 2026

DIC India Limited has informed the appointment of Mr HAYATO KASHIWAGI as Managing Director of the company w.e.f. September 01, 2026.

Snowman Logistics to set up 10,000-pallet facility in Hyderabad; shares jump 5% to ₹38.11 on NSE

Snowman Logistics to establish a 10,000-pallet facility in Hyderabad 

Shares soared over 5% to Rs 38.11 on the NSE.

Groww Q1 profit jumps 81% YoY to ₹555 crore; shares rise 3% to ₹209.70 on NSE

Billionbrains Garage Ventures (Groww) posted 81.4% y-o-y increase in standalone profit after tax for the quarter ended June 2026 at Rs 555.14 crore compared to Rs 305.92 crore in the same quarter last year.

Shares surge 3% to Rs 209.70 on the NSE. 

Q1 Results 15th July Live: Union Bank, Billionbrains Garage Ventures, HDFC Life Insurance, HDFC AMC, ICICI Lombard, ICICI Pru, HDB Financial, Himadri Speciality, Angel One to announce Q1 results, LTTS, Tata Elxsi, Jindal Saw, Anand Rathi Share in focus

Q1 Results Today, 15th July 2026 Live Updates: Find all the latest Q1 results 2026 updates of Union Bank of India, Billionbrains Garage Ventures, HDFC Life Insurance Company, HDFC Asset Management Company, ICICI Lombard General Insurance Company, ICICI Prudential Life Insurance Company, HDB Financial Services, Himadri Speciality Chemical, Angel One, Mangalore Refinery and Petrochemicals, Emmvee Photovoltaic Power, Fedbank Financial Services, Raghav Productivity Enhancers, Jana Small Finance Bank, Network 18 Media & Investments, Steel Strips Wheels, Oriental Hotels, Onix Solar Energy, Sai Silks Kalamandir, and Reliance Industrial Infrastructure

Patanjali plunges 18% in biggest intra-day fall since June 2024; volume surges with over 23 lakh shares traded on BSE

Patanjali Down 18%

Biggest intra-day fall since June 2024

Large volume action

23.26 lakh shares traded on BSE so far vs 2-wk average of 2.5 lakh shares being traded

TCS launches Industrial AI Solutions Lab in Bengaluru with NVIDIA; shares flat at ₹2,188.90 on NSE

TCS Launches Industrial AI Solutions Lab in Bengaluru Powered by NVIDIA

TCS traded flat at Rs 2,188.90 on the NSE.

SBI Funds Management IPO fully subscribed on Day 2 amid strong retail and NII interest

SBI Funds Management IPO fully subscribed on Day 2 as strong retail and NII demand boosts issue

SBI Funds Management IPO was fully subscribed on Day 2, led by strong retail and NII demand. The ₹1.03-billion issue closes on July 16 and lists on July 21.

IFSCA proposes direct listing framework in GIFT City, offering firms an IPO-free route to public markets

IFSCA proposes direct listing framework in GIFT City, offering firms an IPO-free route to public markets

IFSCA proposes a direct listing framework in GIFT City, enabling companies to go public without an IPO for enhanced visibility.

Transworld Shipping Lines informed the sale of the Company’s vessel, M.V. SSL Thamirabarani , to Avana Logistek Limited has been completed.

Markets at 11 am

At 11.13 am, Sensex gained 464.32 points (+0.60%) to 77,519.26; and Nifty 50 rose 131.95 points (0.55%) to 24,184.00

Sun Pharma gets go-ahead in South Africa to sell generic semaglutide

Sun Pharma gets go-ahead in South Africa to sell generic semaglutide

The approval is to treat Type II diabetes

Govt bonds gain as soft US inflation cools Fed rate hike bets

Govt bonds gain as soft US inflation cools Fed rate hike bets

The benchmark ​6.94% 2036 bond yield was at 6.7703% as ⁠of 10:40 am, after ending at a three-week high of 6.7945% in the previous session.

63 Moons’ arm acquires 79.6 lakh equity shares in unlisted subsidiary Ticker Ltd for about ₹21 cr

63 Moons Technologies traded at Rs 732.95 on the NSE, up 1.5%. Its arm Financial Technologies Singapore Pte Ltd acquired 79.6 lakh equity shares in unlisted subsidiary Ticker Ltd through the secondary market for about Rs 21 cr

Stock in focus: Jain Resource Recycling shares down 2% after fire hit operations

Jain Resource Recycling shares down over 2% to Rs 322.75 on the NSE. The company’s operations were affected due to a fire. The affected section has been temporarily suspended. The damage is covered by insurance and the company is extending support to affected persons and their families

Capacite Infraprojects bags ₹482-cr order from Twenty-Five Downtown Realty

Capacite Infraprojects stock rose 2% to Rs 231.35 on the NSE on receipt of an order worth Rs 482 cr from Twenty-Five Downtown Realty Ltd

Inventurus Knowledge Solutions arm completes first tranche investment of $3 mn in IKS WWMG MSO

Inventurus Knowledge Solutions traded at ₹1,894.90 on the NSE. Its arm IKS Inc. completed the first tranche investment of $3 mn in IKS WWMG MSO by subscribing to 28.4 lakh common units.

Linde India invests ₹70 cr in Zenataris Renewable Energy

Linde India traded flat at Rs 7150.50 on the NSE, following investment of ₹70 cr in Zenataris Renewable Energy as the final tranche of its ₹105 cr investment plan

Linde India trades flat at ₹7,150.50 after completing ₹70 crore investment in Zenataris Renewable Energy

Linde India traded flat at Rs 7150.50 on the NSE, following invesment of Rs 70 cr in Zenataris Renewable Energy as the final tranche of its Rs 105 cr investment plan

Signature Global Q1 results: Net debt doubles to ₹390 cr, pre-sales down 25% to ₹1,970 cr

Signature Global Q1 results: Net debt doubles to ₹390 cr, pre-sales down 25% to ₹1,970 cr

Realty firm Signature Global Ltd’s net debt has almost doubled to ₹390 crore during the first quarter of this fiscal compared with March-end as the company looks to expand business.

MCX Copper: Resistance ahead; wait and watch

MCX Copper: Resistance ahead; wait and watch

The MCX Copper Futures contract has resistances at ₹1,320 and ₹1,340

Sammaan Capital board to consider buyback of US dollar-denominated bonds on July 20

Anupam Rasayan signs $300 million supply deal with BASQUEVOLT; shares up 1% to ₹1,281 on NSE

Anupam Rasayan signs Letter of Intent with BASQUEVOLT, S.A. for the potential long-term supply of a specialty chemical product worth 300 Million Dollar

Shares up 1% to Rs 1,281 on the NSE.

Samvardhana Motherson trades flat at ₹142.25 after completing 11% stake acquisition in Japan’s Shinnichi Kogyo

Samvardhana Motherson stock traded flat at Rs 142.25 on the NSE. The company completed acquisition of 11% stake in Japan-based Shinnichi Kogyo for JPY 330 mn through subsidiary Motherson Global Investments B.V. as part of the previously announced acquisition of an 81.0% stake in Yutaka Giken

Manaksia Coated Metals drops 7% to ₹120 despite steady Q1 net profit at ₹14.16 crore

Manaksia Coated Metals stock fell over 7% to Rs 120.02 on the NSE at 10.44 am, hitting a low of Rs 118.56.

It reported standalone net profit for the quarter ended June 2026 at Rs 14.16 crore compared to Rs 14.10 crore in the same quarter last year.

Kusumgar shares jump over 48% above IPO price after market debut

Kusumgar shares jump over 48% above IPO price after market debut

Stock lists at sharp premium on NSE and BSE

Omega Seiki Mobility seeks ₹125 crore in pre-IPO funding to fuel EV expansion

Omega Seiki Mobility seeks ₹125 crore in pre-IPO funding to fuel EV expansion

The company is targeting an IPO by the end of the next financial year, while the current funding round is expected to be completed by the end of this quarter.

Renault brings Korea turnaround playbook to India as Deblaise, Goyal discuss €2-billion export push

Renault brings Korea turnaround playbook to India as Deblaise, Goyal discuss €2-billion export push

Renault plans a €2-billion export push, seven new models and EVs as it aims to make India a top global manufacturing and engineering hub by 2030.

IOL Chemicals hits 52-week high as China approves Clopidogrel Bisulfate API

IOL Chemicals & Pharmaceuticals hit fresh 52-week high of Rs 179.60 on the NSE. China’s National Medical Products Administration approved the company’s Clopidogrel Bisulfate API

LTIMindtree leads Microsoft 365 Copilot deployment across L&T Group for major AI workplace transformation

LTM, a Larsen & Toubro Group company and the Business Crea vity partner to the world’s largest enterprises, today announced that it is leading the deployment of Microso 365 Copilot across the L&T Group, driving one of India’s largest enterprise AI workplace transformation

ICICI Lombard rises 1% to ₹1,813.95 after being ordered to pay ₹77.67 crore plus interest to Roadway Solutions Narayanpur Roads Project

ICICI Lombard General Insurance Company shares up 1% to Rs 1,813.95 on the BSE. Company had been ordered to pay ₹77.67 crore to an insured party, along with interest at 7.5% per annum to Roadway Solutions Narayanpur Roads Project Private Ltd, from the date of filing of the Statement of Claim until the date of payment

J&K Bank jumps 3% to ₹182.25 on plan to sell 0.5% stake in PNB MetLife for ₹120 crore

Jammu and Kashmir Bank shares surged 3% to Rs 182.25 on the BSE. Bank proposed to divest 1,02,47,348 equity shares constituting 0.50% of the paid-up share capital of PNB MetLife India Insurance Company Ltd to MetLife International Holdings, LLC at a price of ₹117.20 per equity share, aggregating to ₹120.10 crore.

KEC International shares surge over 4% to Rs 510.85 on the BSE following the receipt of orders worth ₹1,180 crore

Kirloskar Brothers’ subsidiary SPP Pumps wins ₹150 crore international order from Saipem; shares flat at ₹1,920.05 on BSE

SPP Pumps Ltd. (SPP), wholly owned subsidiary of Kirloskar Brothers, secured a GBP 11.67 million (approximately ₹149.59 crore) international order from Saipem Offshore Construction SPA for the supply of vertical pumps and spares.

Kirloskar Brothers traded flat at Rs 1920.05 on the BSE, hitting a high of Rs 2,009.90.

Digilogic Systems trades flat at ₹121.05 after securing ₹4.08 crore order from Ministry of Defence

Digilogic Systems traded flat at Rs 121.05 on the BSE, Company received a purchase order from the Ministry of Defence, Government of India, worth Rs 4.08 crore

Nifty Prediction Today – July 15, 2026: Nifty 50 Futures: Range bound. Wait for a breakout to go long

Nifty Prediction Today – July 15, 2026: Nifty 50 Futures: Range bound. Wait for a breakout to go long

Nifty 50 forecast for July 15, 2026: Wait for a breakout above 24,300 for potential bullish movement.

PDS rises 1% to ₹387.15 on partnership with Indonesia’s Busana Apparel Group

PDS stock traded at Rs 387.15, up 1.28% on the NSE, following partnership between its manufacturing business and Busana Apparel Group, one of Indonesia’s leading apparel manufacturers.

Uflex trades flat at ₹448.65 after securing 20-year patent for re-closeable package with enhanced barrier protection

Uflex traded flat at Rs 448.65 on the NSE, hitting a high of Rs 453.65. It had been granted a patent by the Patent Office, Government of India, for an invention entitled “re-closeable package with enhanced barrier protection for a term of 20 years

Dalmia Bharat Sugar to develop integrated sugar project in Tanzania via subsidiary; shares flat at ₹363 on NSE

Dalmia Bharat Sugar and Industries approved the development of an integrated sugar project in Tanzania through Eagle Agrotech Tanzania Ltd, a wholly owned subsidiary of Eagle Agrotech Holdings Ltd. EAHL is a 51% subsidiary of the Company and Symphony Global LLC (an investment holding company of H.E. Mr. Mohamed Ali Rashed Alabbar, the founder and Chairman of Emaar Properties, a publicly listed entity in UAE) holds remaining 49% equity stake.

Shares flat at Rs 363 on the NSE.

Sensex jumps 547 points to 77,602; Nifty rises 162 points to 24,214 in early trade

At 10.16 am, Sensex traded 546.65 pts or 0.71% higher at 77,601.59; and Nifty 50 increased by 162.40 pts or 0.68% to 24,214.45.

Jindal Saw drops 3.7% as Q1 net profit falls 70% to ₹109.77 crore; trades at ₹250.75 on NSE

Jindal Saw shares declined 3.7% to Rs 249.10 on the NSE in early trade before trading at Rs 250.75 at 10.15 am from the previous close of Rs 258.85.

It posted standalone net profit for the quarter ended June 2026 at Rs 109.77 crore (down nearly 70%) from Rs 363.94 crore posted in June 2025 quarter.

Tata Elxsi shares fell over 6% to a fresh 52-week low after Q1 earnings

Q1 Results 15th July Live: Union Bank, Billionbrains Garage Ventures, HDFC Life Insurance, HDFC AMC, ICICI Lombard, ICICI Pru, HDB Financial, Himadri Speciality, Angel One to announce Q1 results, LTTS, Tata Elxsi, Jindal Saw, Anand Rathi Share in focus

Q1 Results Today, 15th July 2026 Live Updates: Find all the latest Q1 results 2026 updates of Union Bank of India, Billionbrains Garage Ventures, HDFC Life Insurance Company, HDFC Asset Management Company, ICICI Lombard General Insurance Company, ICICI Prudential Life Insurance Company, HDB Financial Services, Himadri Speciality Chemical, Angel One, Mangalore Refinery and Petrochemicals, Emmvee Photovoltaic Power, Fedbank Financial Services, Raghav Productivity Enhancers, Jana Small Finance Bank, Network 18 Media & Investments, Steel Strips Wheels, Oriental Hotels, Onix Solar Energy, Sai Silks Kalamandir, and Reliance Industrial Infrastructure

Delhivery gets RBI nod for NBFC registration for its financial services arm; shares flat at ₹507.90 on NSE

Delhivery received RBI approval for its wholly owned subsidiary, Delhivery Financial Services Private Limited, to obtain a Certificate of Registration (CoR) as a Type II non-banking financial company – non-deposit taking (NBFC-ND).

Shares flat at Rs 507.90 on the NSE.

Tata Elxsi shares hit 52-week low as margin miss weighs on sentiment

Tata Elxsi Q1: shares hit 52-week low as margin miss weighs on sentiment

Tata Elxsi shares hit a 52-week low as brokerages cite margin contraction and demand uncertainty following disappointing earnings estimates.

Hero MotoCorp to invest up to ₹1,000 crore more in Ather Energy; Ather jumps 7%, Hero shares flat

Hero MotoCorp approved an additional investment of up to ₹1,000 crore in its associate company, Ather Energy Limited. 

Hero Motocorp shares flat at Rs 4,905.80 on the NSE; Ather Energy jumped 7% to Rs 1,282.10 (after hitting a fresh 52-week high of Rs 1,310 on the NSE).

Bitcoin nears $65,000 as crypto market rallies on easing US inflation

“Bitcoin climbed close to $65,000 for the first time in more than three weeks, while Ethereum, XRP, and Dogecoin also moved higher after softer-than-expected U.S. inflation data lifted sentiment across the crypto market. Interestingly, the rally came even though the inflation data reduced expectations of an immediate Federal Reserve rate cut, showing that investors are drawing confidence from improving economic conditions rather than focusing on a single policy decision.

The gains were not limited to Bitcoin alone. Strength across Ethereum, XRP, and Dogecoin suggests that buying interest is returning to the broader crypto market, which is often a healthier sign than a rally led by just one asset. It indicates that confidence is gradually improving across the digital asset ecosystem.

Another important takeaway is how the market reacted to the news. Instead of being discouraged by lower chances of an immediate rate cut, investors focused on easing inflation and signs of a more stable economic environment. This shows that the market is becoming more balanced and is looking at the bigger picture rather than reacting to every headline.

For investors, this is a reminder that market recoveries are often built gradually. When confidence starts returning across multiple assets and is supported by improving economic conditions, it can create a stronger foundation for the next phase of growth than a rally driven by short-term excitement alone.” – Avinash Shekhar, Co-Founder & CEO, Pi42

Crude oil futures gain as Trump threatens strikes on Iran’s energy targets

Crude oil futures gain as Trump threatens strikes on Iran’s energy targets

Crude oil futures rise as Trump threatens strikes on Iran’s energy targets amid escalating tensions in West Asia.

LTTS shares up 4% as Q1 profit and revenue rise, Anthropic partnership

LTTS shares up 4% as Q1 profit and revenue rise, Anthropic partnership

L&T Technology Services shares rise 4% after strong Q1 earnings and a partnership with Anthropic to enhance engineering processes.

Bitcoin rises on softer US inflation, dollar weakness

Market analysis by Vikram Subburaj, CEO, Giottus.com

July 15, 2026

Bitcoin traded near $64,600 on Wednesday. It gained about 3.5% over the past 24 hours. Softer-than-expected U.S. inflation data weakened the dollar. This also reduced expectations of an immediate Federal Reserve rate increase.The cryptocurrency traded between roughly $62,250 and $65,050 over the previous 24 hours. Immediate support is near $64,000, followed by the stronger $62,200-$62,900 region. Resistance is located around $65,000, followed by $67,200.

On-chain indicators, however, suggest that the recovery remains incomplete. Bitcoin’s True Market Mean is estimated at around $76,600. The short-term holder cost basis is around $72,200. This leaves the current Bitcoin price below key investor breakeven levels.Long-term-holder loss realisation recently accounted for 43% of total realised value, with losses peaking near $280 million daily. This indicates that some older investors continue to sell into periods of price strength.

Institutional demand also remains uneven. US spot Bitcoin ETFs attracted about $197.4 million during the July 6-10 week, but recorded a substantial $424.7 million outflow on July 13. Farside’s July 14 figure showed a preliminary $21.1 million inflow, although several major fund readings were still unavailable.

Ethereum led the large-cap altcoins, rising about 4.9% to $1,869. BNB gained 1.9% to $580, XRP advanced 3.5% to $1.10, Solana rose 2.9% to $77.35, while TRON added about 0.5% to $0.326.

June US inflation eased to 3.5%, while core inflation slowed to 2.6%. Futures markets reduced the probability of a July Fed hike to about 16%, although they continued to price a roughly 60% chance of a September increase. Wednesday’s US producer-price report, Fed Chair Kevin Warsh’s Senate testimony and the July 28-29 policy meeting remain key catalysts. Higher oil prices linked to renewed Gulf tensions could revive inflation concerns.

Our advice: Investors should avoid chasing the relief rally. Staggered accumulation, limited leverage and disciplined position sizing remain preferable until Bitcoin sustains a move above $65,000 and ETF demand becomes more consistent.

Crude oil futures rise as US-Iran tensions escalate; Brent tops $85, MCX crude up over 1%

Crude oil futures traded higher on Wednesday morning after US President Donald Trump threatened to hit energy targets in Iran. Meanwhile, both the US and Iran continued attacks on each other’s targets in West Asia. At 9.37 am on Wednesday, September Brent oil futures were at $85.78, up by 1.24 per cent, and August crude oil futures on WTI (West Texas Intermediate) were at $80.07, up by 0.92 per cent. July crude oil futures were trading at ₹7701 on Multi Commodity Exchange (MCX) during the initial hour of trading on Wednesday against the previous close of ₹7584, up by 1.54 per cent, and August futures were trading at ₹76665 against the previous close of ₹7574, up by 1.20 per cent.

IT stocks drag Nifty lower as Financials, Aviation offset losses; markets open mildly positive

IT stocks drag Nifty lower as Financials, Aviation offset losses; markets open mildly positive

Nifty opens mildly positive as financials and aviation offset IT stock losses, amid global cues and persistent macroeconomic concerns.

LTTS Q1 net profit rises 13% to ₹357 crore; announces Anthropic partnership for AI in engineering; shares trade flat at ₹3,286.90 on NSE

LTTS shares rose 2.5% to Rs 3,377.90 on the NSE in early trade before trading flat at Rs 3,286.90 at 9.24 am.

Its net profit for the quarter ended June 2026 stood at Rs 357.1 crore, up 12.9% from Rs 316.1 crore in the same quarter last year.

Company also announced a partnership with Anthropic to accelerate Engineering Intelligence by integrating Claude models across engineering processes and LTTS’ AI-powered platforms.

Tata Capital gives dollar bond guidance, final price by this week, bankers say

Tata Capital gives dollar bond guidance, final price by this week, bankers say

Tata Capital plans to raise $400-$600 million through dollar bonds, with pricing expected by the end of the week.

DeepSeek is preparing for IPO filing as soon as this year

DeepSeek is preparing for IPO filing as soon as this year

DeepSeek plans IPO filing soon, aiming to boost funding for AI advancements amid rapid global competition and impressive valuations.

Power Grid commissions Khavda RE zone transmission project (7 GW Phase IV Part E4); shares flat at ₹285.3 on NSE

Power Grid Corporation informed that project namely “Transmission System for Evacuation of Power from potential RE zone in Khavda Area of Gujarat under Phase IV (7 GW) – Part E4” has been commissioned with effect from 21st June, 2026.

Shares flat at Rs 285.3 on the NSE.

Sun Pharma gets approval to launch generic semaglutide in South Africa; shares flat at ₹1,952.20 on NSE

Sun Pharma receives approval to manufacture and market generic semaglutide in South Africa

Shares flat at Rs 1,952.20 on the NSE.

Seamec signs charter agreement with Lamprell Energy for barge “SEAMEC GLORIOUS”; shares up 2% to ₹1,461.20 on NSE

Seamec Limited has informed the Exchange about execution of Charter Party Agreement with M/s. Lamprell Energy Limited for Charter of Barge “SEAMEC GLORIOUS

Shares up 2% on the NSE to Rs 1,461.20

Nifty today: Top gainers, losers at this hour of trade

Top gainers of Nifty 50: Bajaj Finance (+2.11%), Shriram Finance (+2.10%), Asian Paints (+1.37%), IndiGo (+1.27%), Axis Bank (+1.25%)

Top losers: TCS (-1.76%), Infosys (-1.49%), Wipro (-1.28%), HCL Tech (-1.27%), Tech Mahindra (-1.10%)

Gold slips as oil rally keeps inflation, rate outlook on investors’ radar

Gold slips as oil rally keeps inflation, rate outlook on investors’ radar

Gold prices decline as rising oil fuels inflation concerns and uncertainty over U.S. interest rates impacts investor sentiment.

OPENING BELL: Sensex up 168 points at 77,223; Nifty rises 56 points to 24,108 in early trade

BSE Sensex traded 168.20 pts or 0.22% positive at 77,223.14 at 9.16 am after opening at 77,192.76 from the previous close of 77,054.94; and Nifty 50 was up 56.25 pts or 0.23% to 24,108.30.

Primary market grows wary of new age IPOs

Primary market grows wary of new age IPOs

Explore the Redseer India IPO Report’s insights on trends and challenges facing new age IPOs from digitally native businesses.

Axis Bank issues additional $100 million AT1 notes, consolidating with earlier $500 million issuance

Axis Bank Limited has allotted US$100,000,000 6.875% Additional Tier 1 Notes (“AT 1 Notes”). The said AT 1 Notes will be consolidated and form a single series with the U.S.$500,000,000 6.875 per cent. Additional Tier 1 Notes issued on June 30, 2026.

GIC Housing Finance board approved the appointment of Shri Asit Kumar Nandi as the Chief Compliance Officer of the Company.

Borosil Scientific’s pharma packaging sales head Sharad Tiwari steps down from senior managerial role

Borosil Scientific: Sharad Tiwari, Head – Sales (Domestic and International) – Pharmaceutical Primary Packaging, has ceased to be a Senior Managerial Personnel of the Company with effect from July 14, 2026, due to a change in the internal reporting structure.

Brokerages on Tata Elxi

JPM on Tata Elxsi

Neutral, TP Rs 3500

1Q mixed with a beat on revenues but margins missed sharply

Revenues grew 1.3% CC QQ led by Media/Telecom while there were drags in Auto and Healthcare.

TELX continues to aim for HSD revenue growth in FY27 (JPMe at 6.4%) however this hinges on Healthcare rebounding where there is still uncertainty.

Management expects Media/Telecom growth to continue on the back of deal wins and rampups.

In Autos, it acknowledged headwinds in EU region (>40% of Auto business)

Shocker however was margins that contracted a sharp 330bps QQ due to a combination of headwinds from large deal transition and rampup costs, onsite delivery investments (subcons), talent investment, customer related costs and provisions, and one time annual costs.

Some of these costs will go away over next 1-2 quarters while some will take a bit longer

Cut earnings by 1-13% mainly driven by 7-330bps margin cuts over FY27-29E

Kotak Inst Eqt on Tata Elxsi

Sell, TP Rs 3000

TELX reported in-line revenues but disappointed on profitability

Media & communications vertical grew on deal ramp-ups, while transportation & medical devices segment registered a modest decline.

Deal transition costs and upfront investments in GTM & delivery capabilities impacted margin.

A large part of cost inflation is sticky, impacting profitability profile

Factor in continued demand challenges in auto and moderate margin estimates, driving 10-14% earnings cuts during FY2027-29E.

Sun Pharma gets approval to launch generic semaglutide in South Africa

SUN PHARMA: CO. RECEIVES APPROVAL TO MANUFACTURE AND MARKET GENERIC SEMAGLUTIDE IN SOUTH AFRICA; PRODUCT TO BE LAUNCHED SOON AS A PRE-FILLED MULTI-DOSE INJECTABLE PEN.

CITI ON DIVI’S LABORATORIES

Rating & Target

– Recommendation: Buy

– Target Price: ₹9,450

Key Highlights

– Strong GLP-1 opportunity pipeline.

– Focus on Tirzepatide and Orforglipron.

– Oral peptide opportunities expanding.

– GLP-1 supplies may begin FY27.

– Enlicitide/Icotrokinra from CY27.

– Entresto concerns seen overdone.

– API capacity expansion underway.

– Targets global API leadership.

– Europe LOE expected gradual.

– Generic pricing stabilising.

– Strong CY27–30 growth visibility.

– Valuation supported by earnings outlook.

Key Takeaway

– Citi remains positive on Divi’s Laboratories, citing robust long-term growth visibility from GLP-1 and peptide APIs, expanding manufacturing capacity and improving generics trends despite premium valuations.

QIP Launch: Belrise Industries

Size : ₹1900 crs ($ 197.5-mn)

Floor Price : ₹230.79

Objective : Pre-payment and/or repayment in full or in part of certain borrowings; Pursue strategic investments and inorganic and organic growth opportunities; Funding long-term working capital requirements; General corporate purposes.

Bankers : Jefferies

Global bits

United States: Fed cautious as inflation expectations stay high

Inflation expectations remained elevated due to high oil prices and tariffs, keeping the Fed cautious on rate cuts despite resilient consumer spending.

Canada: Monitoring U.S. inflation and energy trends

Closely tracking U.S. inflation and energy trends, with no major policy changes.

Eurozone: ECB maintains hawkish stance amid inflation risks

ECB maintained a hawkish stance as energy-driven inflation risks continued to outweigh weak growth.

United Kingdom: Mixed business activity, manufacturing pressured

Business activity remained mixed, with manufacturing under pressure from elevated energy costs.

Germany: Input costs weigh on manufacturing

Higher input costs continued to weigh on manufacturing despite resilient energy companies.

Japan: BoJ retains hawkish tone as energy inflation persists

BoJ retained its hawkish tone as imported energy inflation kept price pressures elevated.

South Korea: Refiners face tight crude supplies

Refiners continued operating below capacity amid tight Middle East crude supplies, adding to inflation pressures.

India: Imported inflation risks from reduced refinery throughput

Reduced refinery throughput due to constrained crude supplies kept imported inflation risks elevated.

China: Gradual stabilisation, but geopolitical tensions persist

Economic stabilisation continued gradually, but geopolitical tensions clouded exports and investment.

Australia: RBA signals extended pause amid sticky inflation

RBA signalled an extended policy pause while balancing sticky inflation against slowing domestic demand.

Russia: Oil prices support revenues amid sanctions

Elevated oil prices supported fiscal revenues, though sanctions continued to weigh on the broader growth outlook.

Brazil: Vigilant on inflation risks from energy prices

The central bank remained vigilant on inflation risks stemming from higher global energy prices.

Source: Reuters

IBM warns AI boom is squeezing software budgets; shares slump in sector rout

IBM said it had “faltered” in keeping pace with a shift in corporate spending toward data-center infrastructure from software and forecast second-quarter revenue below estimates, ‌the clearest sign yet of AI’s growing toll on the sector.

The warning triggered a 22% ⁠slump in IBM’s shares and a selloff in the broader software sector. It also dragged Dow futures lower, while the iShares ‌Expanded Tech-Software Sector ETF fell more than 4%. – Reuters

Gift Nifty points to flat opening; earnings, global cues to drive markets today

Stock market today: Gift Nifty signals flat opening as earnings season takes centre stage

Gift Nifty signals a flat opening for Indian markets as investors track Q1 earnings, global cues, US markets, easing oil prices and India-UK trade optimism.

Revised US Russia sanctions bill lowers proposed tariffs on China, India

US Senate revises Russia sanctions bill with lower tariffs for top energy buyers

US senators introduce a revised Russia sanctions bill targeting Russian officials and major buyers of Russian oil, including China and India.

Oil rises after US-Iran hostilities flare again with strikes on energy targets

Oil rose on Wednesday as President Donald Trump reimposed a naval blockade on all Iranian ports and Iran launched retaliatory strikes on U.S. infrastructure in the region. For ‌the second straight session, Brent closed at its highest since June 12 and West Texas Intermediate ⁠at its highest since June 15 and rose further on early Wednesday trade.

Brent rose $1.46, or 1.72%, to $86.19 a barrel by 0029 GMT while WTI was ‌up $1.11, or 1.4%, to $80.40 a barrel. – Reuters

-Gold edges higher on soft US inflation, Gulf conflict clouds rate outlook

Gold edged higher on Wednesday after U.S. inflation data eased concerns over near-term rate hikes, though renewed hostilities in the Gulf and a sharp rise in oil prices kept investors ‌focused on the interest-rate outlook, limiting gains in non-yielding bullion. Spot gold was up 0.1% at $4,056.69 ⁠per ounce. – Reuters

China’s June industrial output up 5.3% y/y, retail sales return to growth

China’s industrial output rose 5.3% in June ‌from a year earlier, quickening from ⁠4.5% growth in May, while retail sales returned ‌to growth, official data showed on ‌Wednesday.

The factory output ‌figure, ⁠released by the ⁠National Bureau of Statistics, beat expectations for a 4.7% rise ‌in a Reuters poll of 42 analysts.

Retail sales, a gauge ‌of consumption, grew 1.0% in June, improving from a 0.6% ⁠decrease in May, which was the ‌first drop in more than three years. Analysts had forecast a 0.1% dip. – Reuters

HSBC maintains buy on Adani Ports, raises target price to ₹2,200

HSBC stays bullish on Adani Ports; Buy maintained and TP increased to ₹2,200 from ₹1,950, implying ~22% upside.

Listing today – 15/07/2026

KUSUMGAR Ltd

NSE/BSE

Symbol: KUSUMGAR

Bse Code: 544821

IPO Price: ₹419

Retail Lot: 35

Hni Lot: 490

ISIN: INE0ISX01025

RBI flags Mule accounts, FCNR(B) mobilisation, financial expansion and gold loans at Bankers’ meet

RBI flags Mule accounts, FCNR(B) mobilisation, financial expansion and gold loans at Bankers’ meet

RBI emphasizes fraud detection, FCNR(B) deposits, MSME lending, and gold loan relaxation in a recent bankers’ meet.

Direct tax collection jumps 16% to ₹6.5 lakh crore

Direct tax collection jumps 16% to ₹6.5 lakh crore

This momentum was led by net corporate tax collections, which surged over 22% to approximately ₹2.40 lakh crore, while net personal income tax (non-corporate) collections grew by around 12% to ₹3.85 lakh crore

Stocks to watch: Why these 16 shares will be in focus today

16 stocks to watch in today’s trade

Discover today’s key stocks in focus, including L&T Tech, Hero MotoCorp, ICICI Lombard, and more significant market updates.

WATCH: Today’s stock recommendation

US reimposes blockade on Iran after attacks on ships in Strait of Hormuz

US reimposes blockade on Iran after attacks on ships in Strait of Hormuz

Iran launched missiles and drones at Bahrain and Kuwait after US strikes, triggering missile alerts and air defence responses as Gulf tensions intensified.

Avendus Future Leaders Fund III acquires 1% stake in PPFAS for ₹140 crore

Avendus Future Leaders Fund III has acquired nearly 1% stake in Parag Parikh Financial Advisory Services (PPFAS) for around ₹140 crore through a secondary transaction from promoters Neil Parag Parikh (Chairman & CEO) and Khushboo Joshi. PPFAS, one of India’s leading asset managers, manages ₹1.48 lakh crore AUM (as of March 2026), with its flagship Parag Parikh Flexi Cap Fund being the largest in its category. This marks the fourth investment from Avendus’ current fund (nearly 30% deployed) and reflects strong investor confidence in PPFAS’s disciplined, client-centric growth in mutual funds and wealth management. The deal values the unlisted shares positively and supports PPFAS’s expansion into a full-service platform.

ALL-TIME HIGH BREAKOUT ALERT: July 14, 2026

8 Stocks Closed at Fresh Lifetime Highs Today! 

❇️JB Chemicals 

❇️Welspun Corp 

❇️Sakar Healthcare 

❇️Ipca Laboratories 

❇️Jay Bharat Maruti 

❇️Rubicon Research 

❇️Divi’s Laboratories 

❇️Torrent Pharmaceuticals 

Trump drops 20% Strait of Hormuz shipping fee, opts for Gulf trade deals

Trump drops 20% Strait of Hormuz shipping fee plan, pivots to Gulf trade deals

Trump drops his proposed 20% Strait of Hormuz shipping fee, opting for Gulf trade and investment deals while announcing a blockade on Iran-linked shipping.

NASA astronaut Anil Menon and two Russian cosmonauts reach International Space Station

NASA astronaut Anil Menon reaches International Space Station on first ISS mission

NASA astronaut Anil Menon reaches the International Space Station aboard Soyuz MS-29 to begin his first eight-month mission focused on space research.

Spain beat France 2-0 to reach FIFA World Cup final after Lamine Yamal shines

Spain beat France 2-0 to reach FIFA World Cup final as Lamine Yamal stars

Spain defeated France 2-0 to reach the FIFA World Cup final as Lamine Yamal inspired the win and Mikel Oyarzabal, Pedro Porro scored decisive goals.

Stock to buy today: Caplin Point Laboratories (₹2,658) – BUY

Stock to buy today: Caplin Point Laboratories (₹2,658) – BUY

Traders can buy Caplin Point Laboratories shares now at ₹2,658. Accumulate on dips at ₹2,580. Keep the stop-loss at ₹2,480. Trail the stop-loss up to ₹2,695 as soon as the stock goes up to ₹2,730.