The more deals Trump gets, the more confidence markets gain
Investor confidence surged after President Trump signed trade deals with Japan and Southeast Asian nations, reducing earlier tariff threats. Global stocks hit records, bond yields rose, and auto shares rallied. Hopes now rise for further deals with Europe and China.
Dr. Reddy’s Laboratories Q1 Results: PAT rises 2% YoY to Rs 1,418 crore, revenue jumps 11%
Dr Reddy’s Laboratories Q1 Results: Pharma major Dr. Reddy’s Laboratories reported a marginal 2% year-on-year (YoY) growth in its consolidated net profit at Rs 1,418 crore for the first quarter ended June. Revenue from operations rose 11% YoY to Rs 8,545 crore.
Gold price crosses Rs 1 lakh per 10 gm, dampens festive jewellery demand
Gold prices have surged past ₹1 lakh per 10 g, driven by global demand, trade uncertainties, and a weak rupee, pressuring festive jewellery sales and boosting investor interest in lightweight, lower-karat and investment-grade formats.
Tata Teleservices Q1 Results: Net loss rises marginally by 0.5% YoY, revenue down by 12%
Tata Teleservices (Maharashtra) posted a net loss of ₹324.98 crore in Q1FY26, with a 12.3% drop in revenue. While expenses fell and margins improved, weak topline impacted overall performance. Shares closed 1.7% higher despite negative yearly returns.
Kaytex Fabrics fixes IPO price band at Rs 171-180 per share; issue to open on July 29
Kaytex Fabrics is set to make its debut on the stock market with an IPO scheduled for July 29. Shares are priced between Rs 171 and Rs 180 each, with the company aiming to raise around Rs 70 crore.
European shares rise on US-Japan trade deal, EU talks in focus
European stock markets saw gains, especially in the automobile sector. This followed positive signals from US President Donald Trump regarding potential trade agreements with the European Union. The optimism was fueled by a trade deal with Japan. Porsche and Mercedes-Benz stocks performed well. Lonza shares also increased after a profit forecast. However, ASM International and […]
Japan’s Nikkei soars to one-year peak on trade deal; bonds slide
Japanese auto stocks surged, leading the Nikkei to a one-year high after a U.S. trade deal reduced import levies to 15%. Toyota soared 14%. Trade clarity bolstered expectations for Bank of Japan rate hikes, pushing JGB yields to levels unseen since 2008.
Ideaforge shares slide 7% after weak Q1 performance, fourth straight quarterly loss
Ideaforge shares fell over 7% after the drone maker posted a weak Q1FY26, with a net loss of Rs 23.5 crore and an 85% YoY revenue drop. Despite a defence order win, analyst sentiment remains negative, with a ‘Sell’ rating and 24% downside target.
SBI well-positioned post QIP; 20–30% upside likely: Chakri Lokapriya
Chakri Lokapriya discusses the impact of tariffs on various sectors, including capital markets, wires and cables, pharma, and IT. Retail brokerage margins are expected to decline, while the wires and cables segment hinges on economic revival and tariff clarity. Despite pharma’s underperformance, potential buying opportunities exist, and IT sector growth depends on deal conversion and […]
Japan’s tariff relief sends positive signal to global markets: Steve Englander
Markets are reacting positively to the US-Japan tariff deal, particularly the Nikkei. Investors were overly pessimistic, and the agreement, involving significant Japanese investment in the US, is viewed as a win-win. The auto sector secured 15% tariffs, better than anticipated, setting a precedent for other economies to negotiate similar deals with the US in exchange […]