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Indian rupee opens at 3-week high of ₹95.39 vs US dollar, up 29 paise. RBI intervention, dollar decline, and softer crude prices support the rupee.

Thermax has more “sell” recommendations than the analysts who have a “buy” rating on the stock. Five out of the 22 analysts have a “buy” rating, nine say “hold”, while eight have a “sell” rating on the stock.

SK Hynix and Samsung Electronics shares surged over 20% after strong earnings from Amazon and Microsoft renewed AI investment optimism. Japanese chip stocks also rose.

CLSA continues to identify M&M as its preferred pick in the auto sector, citing four key factors: sustained gains in the utility vehicle market driven by strong execution and an upcoming product pipeline; a resilient tractor business with Q1 volumes…

Microsoft’s $450 billion jump in market cap in a single session is higher than the market capitalization of nearly 96% of the S&P 500 constituents. It is also bigger than the combined market cap of 41 smallest companies of the…

JM Financial has also downgraded Swiggy to “sell” from its earlier rating of “reduce” with a price target of ₹250. On the flip side, Nomura has a “buy” rating on the stock.

Of the 31 analysts who have coverage on Hyundai Motor India, 25 have a “buy” rating, three each have “hold” and “sell” ratings.

Stock Market Live Updates: The Indian markets will react to the return of the AI / Chip rally after Microsoft’s historic move overnight. The Nifty has managed to stay the course despite all the bad news this week and the…

The ₹9,275-crore issue of Manipal Health Enterprises, which opened for bidding on July 29, witnessed a muted response through the second day. As of 5 pm on July 30, the IPO had been subscribed 45% overall.

Software stocks sold-off overnight as a result of the rally in chip names. Shares of Salesforce, Adobe, Accenture, Cognizant, all fell between 4% to 6% on Thursday. The US-listed Infosys ADR also fell over 5% overnight. The Indian entity has…