Kalyan Jewellers shares have rallied more than 40% in five trading sessions following a robust Q1 FY27 business update. Backed by 38% revenue growth, strong same-store sales, rapid showroom expansion, and Citi's ₹750 target price, the company enters FY27 with strong momentum.
Puravankara's stock jumped nearly 15% after a strong Q1 FY27 business update. The real estate developer reported higher sales, improved pricing, strategic asset monetization, new land deals worth ₹5,200 crore GDV, and maintained its FY27 sales target of ₹11,200 crore.
South Korea’s KOSPI index plunged 8.95% as semiconductor giants SK hynix and Samsung Electronics led a sharp market sell-off. The decline was driven by AI valuation concerns, geopolitical tensions, rising oil prices, and investor profit booking after SK hynix’s US ADR debut.
Sensex and Nifty ended nearly flat after recovering from sharp early losses. A strong rally in TCS, HCL Tech, and the IT sector offset weakness in FMCG, metals, and defence stocks amid geopolitical concerns and higher crude oil prices.
The SBI Funds Management IPO has been revised to ₹9,812.90 crore after promoters sold a portion of their stake to institutional investors through a pre-IPO placement. Here's why the issue size changed, who invested, and what retail investors should know before applying.
Kusumgar IPO received massive investor demand with 135.80x subscription. Check Kusumgar IPO allotment status online, latest GMP trend, estimated listing price, and expected listing gains before the shares debut on the stock exchanges.
India’s CPI inflation increased to 4.38% in June, crossing the RBI’s 4% target due to rising food and fuel prices. Weak monsoon trends, crude oil prices, and global tensions remain key inflation risks.
Asian markets ended mixed as investors reacted to China’s rising producer inflation, Japan’s pension reform developments, and a semiconductor-led recovery across the region. South Korea’s KOSPI surged on SK Hynix’s record Nasdaq listing, while India’s Nifty 50 gained over 1% on strong IT sector performance, positive global cues, and easing crude oil concerns.
Anand Rathi Wealth touched a new 52-week high of ₹2,176.20 following a strong Q1 FY27 performance. The company reported a 73.6% YoY rise in consolidated profit, revenue growth, and crossed ₹1 lakh crore in Assets Under Management (AUM). Strong wealth management expansion and investor confidence supported the stock’s continued momentum despite margin pressure.
TCS led a strong rally in IT stocks after announcing a multi-million-dollar AI-powered network transformation deal with ABB and a major leadership reshuffle. Supported by strong quarterly earnings and AI optimism, the NIFTY IT index surged over 4%, with all major IT stocks trading higher.

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