Crude Oil Rates Stable At Its 11-Month Peak

Crude oil prices remained firm after extending to an 11 month high on Monday (July 16).

IFS Optimistic On Block Share Trade

IndiabullsIndiabulls Financial Services went up 1.51% to Rs 655 after a block deal of 13.7 lakh shares was struck at Rs 655.50 per share on BSE.

The scrip touched a high of Rs 664.95 and a low of Rs 647 during the day. There were 18.06 lakh shares for trading on the counter.
In the last three months, the stock had an average daily volume of 11.22 lakh shares on BSE.

The company’s equity capital is Rs 44.55 crore, with 22.27 crore outstanding shares with a face value of Rs 2 each.

Market Ends After Shedding 22 Points

Bombay Stock ExchangeThe BSE sensitive index opened up strongly at 15,357.60. It continued to trade strong supported by substantiated buying pressure in index heavyweights. But, the stock index lost its power, lastly sliding into the negative to end the day on a flat note. It touched an intra-day high of 15,440.20 and low of 15,272.46 during the day.

The stocks from cement, IT and pharma led the processions, while auto and banking sectors led the declines.

USFDA Approves Lupin’s Novel Drug

The USFDALupin Pharmaceuticals has approved Lupin’s Abbreviated New Drug Application (ANDA)

Torrent Cables Soars To A 52-Week High On Strong Q1 Results

Torrent CablesTorrent Cables rose 2.47% to Rs 224.20 in afternoon trading after it announ

India Calls For Making ‘Hindi’ Official UN Language

New York: India has asked all UN member states to take prompt and substantial steps for making Hindi, the second most spoken language in the world.

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News in Focus

Kotak Mahindra Bank Share Price Target at Rs 2,500: Motilal Oswal Research

Kotak Mahindra Bank has drawn fresh attention following a detailed 4QFY25 update from Motilal Oswal, which reaffirmed its BUY rating with a 14% upside potential, setting the target at Rs 2,500.

IRFC, IREDA, RITES, Dredging Corporation, BPCL Share Price Jumps on Strong Buying

Indian markets witnessed strong buying in select public sector companies on Monday. Nifty closed 0.47 percent higher after touching intraday high at Rs 24,526.

State Bank of India (SBI) Share Price Target at Rs 915: Motilal Oswal Research

State Bank of India’s (SBIN) fourth-quarter performance delivered a nuanced mix of stability and pressure.

JSW Infrastructure Share Price Target at Rs 345: ICICI Securities

ICICI Securities has reiterated its BUY recommendation for JSW Infrastructure (JSWIL) with an upgraded target price of Rs 345, reflecting a 17% up

Adani Power Share Price at Rs 610: ICICI Securities

Adani Power continues to assert its dominance in India’s thermal generation sector, riding high on operational scale-ups, improving efficiencies, and robust long-term capacity planning.

Centre Asserts All Betting Equals Gambling: Fantasy Sports Face Crucial Tax Reckoning in Supreme Court

In a landmark submission to the Supreme Court, the Government of India has challenged the long-standing distinction between games of skill and chance by asserting that any form of betting amounts t