larsen toubro

Dalal Street concluded the holiday-shortened week with gains, as the combined market valuation of India's top 10 firms surged by Rs 2.20 lakh crore, led by Reliance Industries. Despite a volatile trading environment and mixed global cues, investor sentiment remained resilient, with the BSE Sensex rising 0.32%.

RIL, Tata group exploring greater flexibility; move may affect IT companies return to office plans

Indian equity markets experienced a significant downturn, with the top ten most-valued firms losing over Rs 2 lakh crore. Tata Consultancy Services and Reliance Industries bore the brunt of this decline, influenced by geopolitical tensions and weak IT sector commentary. The broader market also saw substantial drops in benchmark indices.

Stock market today: The BSE Sensex, comprising 30 stocks, advanced 355.90 points, or 0.46 per cent, to close at 77,269.40. During the session, it had surged as much as 997.25 points, or 1.29 per cent, reaching an intraday high of 77,910.75.

The Defence Research and Development Organisation (DRDO) of India has just rolled out its latest innovation: Advanced Armoured Platforms, available in both tracked and wheeled configurations. This new generation of vehicles, created in partnership with Tata and Bharat Forge, in race to replace the legacy BMP-2 IFVs.

The Supreme Court has dismissed L&T's special leave petition, ending a long legal battle over a prime Bandra property. The company must now hand over vacant possession of the 'High Trees' bungalow, where its chairman emeritus resides, affirming an eviction decree upheld by the Bombay High Court.

Indian markets concluded the week on a positive note, with the combined market value of the top ten companies surging by over Rs 1.87 lakh crore. Bharti Airtel emerged as the leading gainer, adding Rs 58,831 crore to its valuation. This uptrend was supported by easing geopolitical tensions and a positive risk sentiment.

India’s gold imports hit a record $71.98 billion in 2025-26, rising over 24% from $58 billion a year earlier. This was largely due to skyrocketing global gold prices, which have bumped up the value of imported gold.

RBI is not alone in repatriating its gold reserves. Several central banks like France’s Banque de France, Germany’s Deutsche Bundesbank, Serbia’s National Bank have done the same - buy why?

A massive fire at the Pachpadra refinery has temporarily shut down its Crude Distillation Unit (CDU), with repairs expected to take 3-4 months. Investigations by security agencies are underway to determine the cause, with full operational readiness potentially a year away. The incident highlights the need for robust industrial emergency response capabilities.

The Indian stock market saw mixed movements today, with the BSE and NSE experiencing gains and losses across various sectors. Trent and SBI emerged as top gainers on both exchanges, while companies like Titan and Axis Bank faced declines. Technology and banking stocks showed a general downward trend.

The India Meteorological Department has forecast the possibility of El Nino conditions during the South West monsoon season. Economists and experts note that a weak monsoon will add to the woes caused by higher crude oil prices, and fertilizer supply disruptions.

Indian equities experienced a weak trend, leading to a combined valuation drop of Rs 64,734.46 crore for six of the top ten most valued companies. Bharti Airtel was the biggest loser, with its market cap falling by Rs 29,993.07 crore. Despite broader market declines, select heavyweights like TCS and Infosys saw gains.

Religious and corporate leaders convened at the Bombay Stock Exchange to discuss dharma's role in building a developed India. Speakers emphasized ethics in business, cultural strengthening, and service to humanity. The event, presided over by the Sankaracharya of Kanchi Kamakoti Peetam, highlighted the need for non-political leadership and enduring values for national progress.

Mahanadi Coalfields Limited and Bharat Coal Gasification and Chemicals Limited have signed a land lease for a 2,000-tonnes per day coal-to-ammonium nitrate project in Jharsuguda. This venture, utilizing indigenous BHEL technology, marks a significant step towards Atmanirbhar Bharat and strengthening India's coal-based chemical value chain.

India's top companies faced a significant market capitalisation loss of Rs 1.75 lakh crore last week, with Reliance Industries bearing the brunt. Broader market indices also tumbled amid global uncertainties and Middle East tensions. While most major firms saw their valuations shrink, Larsen & Toubro, Bajaj Finance, and Infosys managed to post gains.