Alcohol stocks rallied up to 7% after Karnataka announced major policy changes in its state budget. The government will no longer control liquor prices and has introduced alco-beer tourism, opening new growth opportunities for alcohol companies.
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The change is aimed at simplifying the investment process for overseas based Indians and improving ease of access to India’s domestic capital markets.
According to the Finance Minister, the Bio Pharma Shakti initiative is designed to support research, manufacturing capacity, innovation, and scale across the bio pharma value chain.
The EBITDA margin was better at 78% against 72.6% during the same quarter last year, reflecting better operational efficiency.
This comes under the overall vision of the government in making India a great sporting nation and motivating youth talent with better infrastructure and training facilities.
In the Union Budget 2025, the Finance Minister has made following key announcements for Education, Healthcare, and Infrastructure sectors:
The Finance Minister stated that there will be no income-tax for individuals earning up to ₹12 Lakh annually.
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.
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.
The Indian stock market extended its rally on July 6, 2026, with the Nifty and Sensex closing higher, driven by HDFC Bank's strong Q1 FY27 business update, falling Brent crude prices, sustained FII inflows, and positive global sentiment. Realty, Auto, and Oil & Gas outperformed, while IT, PSU Banks, and Media witnessed profit booking ahead of the earnings season.
The Indian stock market extended its gains on July 2, 2026, with the Nifty closing at 24,175.70 and the Sensex rising 579 points. A strong rebound in IT stocks, lower Brent crude prices, easing US-Iran tensions, a stronger rupee, and lower India VIX boosted investor confidence, while Realty, Auto, Chemicals, Cement, and Consumer Durables also ended in positive territory.
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.
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.
The Indian stock market extended its rally on July 6, 2026, with the Nifty and Sensex closing higher, driven by HDFC Bank's strong Q1 FY27 business update, falling Brent crude prices, sustained FII inflows, and positive global sentiment. Realty, Auto, and Oil & Gas outperformed, while IT, PSU Banks, and Media witnessed profit booking ahead of the earnings season.
The Indian stock market extended its gains on July 2, 2026, with the Nifty closing at 24,175.70 and the Sensex rising 579 points. A strong rebound in IT stocks, lower Brent crude prices, easing US-Iran tensions, a stronger rupee, and lower India VIX boosted investor confidence, while Realty, Auto, Chemicals, Cement, and Consumer Durables also ended in positive territory.
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