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Hyderabad-based Skyroot Aerospace scripted history with the successful launch of Vikram-1, India's first privately developed orbital-class rocket. Mission Aagaman carried multiple domestic and international payloads into Low Earth Orbit, marking a major milestone for India's commercial space sector.

Jio Financial Services shares surged after the company delivered strong Q1 FY27 results. Triple-digit profit growth, rising interest income, expanding lending operations, and continued growth in payments, insurance, and asset management boosted investor sentiment.

The SBI Funds Management IPO allotment status is expected to be announced after the issue was subscribed 41.73 times. Here's how to check your allotment online, along with the latest GMP, estimated listing price, refund process, and key IPO details.

Axis Bank reported a 23% jump in Q1 FY27 net profit to ₹7,114 crore, driven by 8% growth in net interest income, improved asset quality, robust loan growth, and a strong capital position. Here's a detailed look at the bank's June quarter performance.

Bharat Heavy Electricals Ltd (BHEL) reported a strong Q1 FY27 performance, returning to profitability with a net profit of ₹378 crore and a 40.3% year-on-year revenue growth. Improved EBITDA, higher margins, and strong Power segment performance drove the earnings recovery.

The National Stock Exchange (NSE) will launch derivatives on the Nifty India FPI 150 Index from August 12 after receiving SEBI approval. The new futures and options contracts are expected to strengthen risk management, improve market liquidity, and provide foreign investors with a diversified benchmark for Indian equities.

Jio Financial Services reported a strong Q1 FY27 performance with consolidated net profit rising 156% year-on-year to ₹830 crore. The company saw robust growth in lending, payments, asset management, and insurance businesses, strengthening its position in India's financial services sector.

Asian markets witnessed sharp volatility on July 16, 2026, with heavy selling in semiconductor and AI-related stocks dragging Japan and South Korea lower, while Hong Kong outperformed after China approved Apple Intelligence. Indian equities ended largely flat as investors balanced global market weakness, elevated crude oil prices, geopolitical tensions, and domestic earnings expectations.

Wipro reported a mixed Q1 FY27 performance with marginal profit growth, higher revenue, and strong large deal bookings, but operating margins declined due to wage hikes, lower utilisation, and continued investments. The IT major expects a subdued Q2 outlook.

Tech Mahindra reported a strong Q1 FY27 performance with higher revenue, improved margins, strong deal wins above $1 billion for the third consecutive quarter, and better attrition levels. Shares gained 1.13% after the results announcement.