HDFC Bank shares climbed over 2% after the lender posted a robust Q1 FY27 business update. Strong growth in advances and deposits exceeded Street expectations, while softer CASA growth remained the only area of moderation.
Indian defence stocks surged after the Defence Acquisition Council cleared ₹52,000 crore worth of defence acquisitions. Paras Defence and Zen Technologies led the rally as investors anticipated stronger order inflows, accelerated procurement, and long-term growth driven by India's defence modernization and Make in India initiative.
Dr. Reddy's Laboratories has expanded its strategic partnership with South Korea's Sam Chun Dang Pharm into advanced liposomal drug formulations. While the collaboration is expected to strengthen its long-term growth pipeline, the stock has also entered a bullish technical phase after breaking above the ₹1,360 resistance level.
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.
LIC's Offer for Sale (OFS) witnessed overwhelming institutional demand with a 3.32-times subscription on Day 1, leading the Government to increase the stake sale to 6.5% through the greenshoe option. Retail investors can now bid with a ₹10 per share discount as markets await LIC's Q1 FY27 earnings.
Cupid Ltd shares surged to a fresh 52-week high of ₹214.00, driven by a ₹127.5 crore block deal, an upgraded FY27 revenue outlook, and expectations of record Q1 FY27 revenue. Strong export demand, a long-term global supply agreement, and growth in its domestic consumer wellness business further strengthened investor confidence.
Knack Packaging IPO GMP has surged to ₹35 on the final day of subscription, indicating an estimated listing price of ₹205 and a potential gain of over 20%.
HFCL share price hits 5% upper circuit for second straight day, extending its 230% rally in FY27. Learn key triggers including RVNL order win, HTL rating upgrade, and strong momentum.
HCL Tech has won a $1.14 billion AI and digital transformation contract, reportedly with Mercedes-Benz, boosting investor confidence. The deal strengthens revenue visibility, highlights the company's AI ambitions, and marks a significant competitive win in the IT services industry.
Nykaa shares surged to a fresh 52-week high of ₹319.80 after the company reported a strong Q1 FY27 business update. Robust growth in its beauty and fashion segments, improving profitability, store expansion, and an ambitious FY30 growth roadmap strengthened investor confidence. Positive analyst commentary and sustained outperformance against the Nifty Midcap 50 further supported the rally.

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