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Tilaknagar Industries achieved record monthly sales of 3.4 million cases in June 2026 as Imperial Blue Whisky crossed 2 million cases for the second consecutive month. The company also expanded its premium spirits portfolio into West Bengal while strengthening its leadership in South India's Prestige & Above segment.

Kalyan Jewellers reported a strong Q1 FY27 with 38% revenue growth, robust same-store sales, and triple-digit growth at Candere. Citi upgraded the stock to Buy with a ₹750 target, driving a sharp rally in the company's shares.

HDFC Bank has reduced MCLR by 5 bps on select tenures from July 7, 2026. While older MCLR-linked home, car, and personal loan borrowers may benefit, repo-linked loan customers are unlikely to see any immediate reduction in EMIs.

Brent crude prices surged over 3% to above $76 a barrel after renewed US-Iran tensions threatened global oil supplies. Markets are closely watching developments in the Strait of Hormuz and the impact of sanctions on Iranian oil exports.

Indian benchmark indices witnessed a broad-based sell-off on July 8, 2026, with the Nifty 50 and Sensex declining more than 2% as renewed US-Iran tensions, soaring crude oil prices, a weaker rupee, and rising market volatility dented investor sentiment. Banking and financial stocks led the decline, while most sectoral indices ended deep in the red amid growing geopolitical uncertainty.

Reliance Industries shares traded lower after the company disclosed that SEBI had issued an administrative warning related to alleged insider trading by two employees and an employee's relative. While the warning carries no financial or operational restrictions, it has raised investor concerns over internal compliance.

Kusumgar IPO GMP remains steady at ₹160 on July 9, 2026, with an estimated listing price of ₹579 and an expected gain of 38.19%. The IPO has been subscribed 5.46 times on Day 2, reflecting strong investor interest, though GMP remains an unofficial market indicator.

Indian equities declined over 2% as escalating US-Iran tensions raised concerns over oil prices, inflation and global economic stability. Here's why geopolitical risks impacted Sensex and Nifty.

India Tourism Development Corporation (ITDC) shares surged to a new 52-week high as investors cheered the long-term growth prospects of India's tourism and hospitality industry. Strong trading volumes, government tourism initiatives, and rising domestic travel demand have boosted sentiment around the PSU stock.

The KOSPI is nearing bear market territory after dropping more than 20% from its record high. Despite Samsung Electronics reporting record quarterly profit, concerns over AI valuations, profit booking and weakness in chip stocks triggered a broad sell-off in South Korea's equity market.