Equity investors experienced a significant loss of Rs 9.69 lakh crore as the Sensex plunged 1,555 points over two days. This downturn was triggered by the US imposing a 50% tariff on Indian goods and continuous foreign fund outflows. Market sentiment remained fragile, with large caps declining and mid and small caps underperforming.
Laurus Labs shares rally over 4% as Q1FY27 profit jumps 126% on strong CDMO growth
Laurus Labs reported a strong June-quarter performance, with net profit more than doubling and revenue rising 29% year-on-year, driven by robust growth in its CDMO