Institutional investors remain active participants in India’s primary market, particularly in companies with strong financial performance and clear long-term growth strategies.
Tata Consultancy Services (TCS) has once again set the tone for India’s earnings season, with investors closely analysing its quarterly performance and management outlook.
L&T Finance remained in focus after reporting encouraging business growth during the June quarter. The company continued to witness healthy expansion in its retail loan portfolio, supported by strong demand across rural finance, housing loans and personal lending segments.
Power Grid Corporation has secured another interstate transmission project under the tariff-based competitive bidding (TBCB) route, further strengthening its order pipeline.
Indian benchmark indices witnessed a sharp decline as escalating tensions in the Middle East triggered broad-based selling across global equity markets.
The Indian rupee weakened against the U.S. dollar after crude oil prices jumped sharply following renewed military tensions between the United States and Iran.
Gold and silver prices are expected to remain volatile this week as investors assess the impact of geopolitical tensions and upcoming inflation data from major economies.
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