Day

July 28, 2026
The next phase of wealth creation will be shaped by sharper capital allocation, broader investment perspectives and conversations that look beyond market cycles. As Alpha Wealth Summit returns for its second edition, investors will come together to explore the ideas, opportunities and strategies defining the future of wealth.
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Xtranet Technologies is set to finalise its IPO allotment today, with the stock scheduled to list on July 30. The Rs 166.80 crore issue was subscribed 12.24 times, led by strong demand from NIIs. The grey market premium stands at Rs 8, indicating a potential 6% listing gain over the upper issue price of Rs...
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The Indian rupee strengthened significantly against the US dollar in early trade. Lower crude oil prices and easing geopolitical tensions boosted the rupee’s momentum. A weaker US dollar index and positive equity market sentiment also supported the currency. Foreign institutional investors offloaded equities worth Rs 1,688.23 crore on Monday. The Sensex and Nifty saw marginal...
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Slovak central bank governor Peter Kazimir warned that the European Central Bank may need to raise interest rates at least once more to control inflation. He stressed that geopolitical risks and rising energy costs could force the ECB into further monetary tightening beyond current market expectations ahead of September.
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Coforge shares jumped after the IT services company posted a strong Q1 FY27 performance, with net profit rising 63% year-on-year and revenue surging 49% on the back of robust demand, new deal wins, and momentum in AI, cloud, and data services.
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Happiest Minds Technologies announced an 18.3 percent net profit increase for the first quarter. Revenue from operations also saw a 14.3 percent rise during the same period. The company’s AI-first strategy is reportedly gaining significant traction and momentum. A strong and expanding pipeline registered a twenty percent growth over the previous quarter. Happiest Minds currently...
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HUL Q1 Results: Hindustan Unilever (HUL) reported a 3% year-on-year decline in Q1FY27 net profit to Rs 2,673 crore, missing analysts’ estimates, as the year-ago quarter included a one-off tax credit. Revenue, however, rose 10.2% to Rs 17,149 crore, driven by 10% underlying sales growth. HUL shares fell over 3% following the earnings announcement.
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Indian IT stocks rallied on Tuesday, with TCS, Infosys, HCL Tech, Wipro, Coforge and Tech Mahindra gaining despite a global sell-off in AI-linked stocks. Investors tracked the sharp decline in Nvidia, Micron, SanDisk, SK Hynix and Samsung shares for clues on AI sector sentiment.
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Chinese stocks fell to a one-week low on Tuesday, led by a sharp selloff in technology and semiconductor shares as investors questioned AI-driven valuations. The CSI300 dropped 2.3% alongside declines in key tech indices, mirroring broader market anxiety across Asian markets over rising competition and heavy AI spending.
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Four Nifty 500 stocks, including KFin Technologies and Container Corporation of India, flashed bullish signals on July 27 after surging over 6%. According to StockEdge data, their Relative Strength Index crossed above the key 50 level, signaling building momentum and potential short-term buying opportunities for momentum traders.
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