The primary market is back in action as the fintech-platform parent company Billionbrains Garage Ventures Ltd launches the main event of the week — the Rs. 1,060 crore fresh-issue and Rs. 55.72 crore offer-for-sale (OFS) public offering of Groww.
Indian equity markets ended their recent four-week winning streak by closing marginally lower amid profit-booking and mixed global cues. The Nifty 50 closed at 25,722.10 and the Sensex ended at 83,938.71.
Bharti Airtel Ltd is gearing up for a strong July-September quarter (Q2 FY26), powered by steady momentum in its India mobile business, strong traction in its Africa operations, and sustained growth across its home broadband and enterprise services. According to an average of six brokerages, the company’s consolidated revenue is expected to rise around 21% year-on-year, while its net profit (PAT) may surge approximately 64% from the prior year’s base.
India’s benchmark index Nifty 50 ended lower for a second straight session amid profit-booking and mixed global cues, with major banking stocks such as HDFC Bank and ICICI Bank dragging the market. Analysts suggest the weakness opens up tactical buying opportunities for the short term.
Article:The investment powerhouse led by Warren Buffett has once again signalled a cautious stance on equity markets. In its latest quarter, Berkshire Hathaway off-loaded around $6 billion in stock holdings, extending its streak of net equity sales to the 12th consecutive quarter. At the end of the quarter, the company’s cash and equivalents soared to […]
Corporate Updates
– Dredging Corporation of India: PM announces ₹4,000 cr modernisation plan under four major ports; 11 new dredgers to be procured, including three TSHDs.
– Zaggle Prepaid: Signed 3-year domestic services pact with Hitachi Cash Management for its Propel platform.
Fabtech Technologies posted stellar H1FY26 performance with total income surging 109.9% YoY to Rs.193.2 cr. and EBITDA soaring 2,678% YoY to Rs.28.4 cr. Net profit doubled 101.6% YoY to Rs.22 cr., reflecting strong operational momentum and margin expansion across segments.
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