News Overview

The rupee's recovery has unravelled as escalating tensions in the Middle East, higher oil prices, and a widening trade deficit push the currency back toward record lows. The analysis explores the RBI's intervention strategy, inflation risks, and why India's dependence on imported crude remains its biggest structural vulnerability.

ABB India shares surged to a fresh 52-week high after parent ABB posted record Q2 CY2026 results, highlighted by a 30% jump in global orders and an 81% rise in India order inflows. Strong financial performance, a $75 million India investment plan, and a healthy domestic order book boosted investor confidence.

Indian benchmark indices ended largely unchanged on July 16, 2026, with IT and Auto stocks supporting the market while Realty and Financial Services lagged. Rising Brent crude prices, fresh US-Iran tensions, weak global cues, and profit booking ahead of the Q1 earnings season kept investor sentiment cautious despite selective sectoral gains.

Swiggy Instamart and HPCL have launched India's first on-demand LPG cylinder delivery service through a quick-commerce platform. The pilot begins in Bengaluru, offering 5 kg and 10 kg cylinders without requiring an existing HP Gas connection, while Swiggy stock gained 1.06% following the announcement.

ICICI Lombard General Insurance reported a sharp 46% fall in Q1 FY27 net profit due to higher fire claims, additional motor third-party provisioning following a Supreme Court ruling, and weaker investment income. The disappointing results triggered a 13% fall in the stock price, while leading brokerages cut earnings estimates and target prices. Here's a detailed analysis of the results, key risks, positives, and what investors should watch next.

The Union Cabinet’s latest approvals are set to transform India’s manufacturing landscape. Semicon 2.0 with a ₹1.275 lakh crore outlay, mobile phone manufacturing incentives, urea policy reforms, and railway infrastructure projects are expected to boost semiconductor, electronics, capital goods, fertilizer, and infrastructure sectors. Discover the industries and listed companies likely to remain in focus.

Alpine Texworld IPO ended with 1.04x subscription while the latest GMP stands at ₹3, indicating an estimated listing gain of around 3%. Read the latest GMP updates, subscription details, listing price estimates, and expert analysis.

SBI Funds Management IPO GMP today is ₹90 with an estimated listing price of ₹664. The IPO received 4.92x subscription, led by strong NII demand. Read the latest GMP updates, subscription details, and listing expectations.

Laser Power & Infra IPO delivered an impressive listing on July 16, 2026, opening at ₹250 against its issue price of ₹214 and rising over 22% during intraday trade. Here's everything investors need to know about the company's listing performance, financial strength, valuation, and future prospects.

B Financial Services began FY27 on a strong note, reporting a 38% year-on-year jump in net profit to ₹735 crore. Robust loan growth, higher disbursements and steady asset quality helped drive the NBFC's performance during the June quarter.