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CXMT Corp shares soared 466% on Shanghai debut, becoming China’s most valuable listed company despite global tech stock selloff.

Motilal Oswal expects Meesho to deliver a 25% compound annual growth rate (CAGR) in marketplace net merchandise value (NMV) over FY26-31, driven by customer acquisition and rising platform adoption.

India’s crypto industry may get an SRO for oversight until a comprehensive law for Virtual Digital Assets is introduced.

Canara Bank’s fresh slippages for the quarter moderated to ₹1,781 crore, from ₹2,771 crore during the March quarter. Slippage ratio at the end of the June quarter also moderated to 0.15% from 0.24% in March.

Gold and silver prices rise on MCX due to easing US-Iran tensions, weaker dollar, and lower bond yields. Festive demand expected in India.

SBI Cards’ asset quality improved during the quarter, with gross non-performing assets (NPA) declining to 2.04% from 3.07% a year earlier, while net NPA improved to 0.83% from 1.42%.

The weak profitability was driven by a rise in operating costs. Employee expenses increased to 24% of revenue from 20% a year earlier, manufacturing costs rose to 9% from 5%, while other expenses nearly doubled to 21% from 10%.

Although shares of CONCOR are still trading below their 52-week high levels, they have trimmed their year-to-date losses down to just 3% after Monday’s upmove.

Vinit Sambre, Head of Equities at DSP Mutual Fund prefers life insurance over general insurance. Although regulatory changes and slower growth have weighed on the sector in recent quarters, he believes the long-term opportunity remains intact because insurance penetration in…

Corporate earnings from several major companies add further weight to the week for Indian markets. Coal India, BEL, Larsen & Toubro, Hindustan Unilever, Adani Enterprises, Asian Paints, Adani Ports, Bajaj Finance, Mahindra & Mahindra, Tata Steel, Maruti Suzuki, ITC and…