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Stock Market LIVE Updates: Sensex trades flat, Nifty over 25,450; DRL falls 2%, Kotak Bank gains 4%

Stock Market LIVE Updates: Sensex trades flat, Nifty over 25,450; DRL falls 2%, Kotak Bank gains 4%

Economic Times2 days ago
Sensex Today | Stock Market LIVE Updates: Eight of the 13 major sectors advanced marginally at the open. The broader small-caps and mid-caps traded flat. Nifty Bank and Metal indices advanced in early trade on Tuesday, while IT, FMCG, and Oil & Gas also opened in the green. In the broader market, both the Nifty Smallcap100 and Midcap100 indices saw modest gains. The Indian market closed flat on Monday, with gains in consumer and oil & gas stocks offset by declines in financial and IT shares. Investor sentiment stayed cautious amid growing uncertainty ahead of the July 9 U.S. tariff deadline.
Uncertainty over U.S. trade policies weighed on investors sentiment in the Indian stock market.
Sensex Today | Stock Market LIVE Updates: Key benchmark indices Sensex and Nifty50 traded on a flat note Tuesday, as investors remained cautious amid global uncertainty following U.S. President Donald Trump's announcement of steep import tariffs on key trading partners.
Sensex Today | Stock Market LIVE Updates: Meghna Infracon shares rise on Rs 37 cr redevelopment project in Mumbai
Meghna Infracon has signed a Rs 37 crore agreement with Jose Ville for a residential redevelopment project in Santacruz West, Mumbai. The 28,000 sq. ft. project is expected to launch in 2025 and is strategically located near key amenities and transit points.
Sensex Today | Adani Power completes 600 MW Vidarbha Power acquisition, operating capacity reaches 18,150 MW
Sensex Today | Stock Market LIVE Updates: Kotak Mahindra Bank jumps 4% after Q1 business update signals steady growth
Kotak Mahindra Bank shares surged over 4% on Tuesday, hitting an intraday high of Rs 2,237.35 on the BSE, after the lender posted a steady business update for the June quarter (Q1FY26), signalling continued growth momentum. Read more
Stock Market LIVE Updates: Indian bonds trade flat despite rise in US yields; await local cues
Indian government bonds moved in a tight range on Tuesday morning, largely ignoring the uptick in U.S. Treasury yields. Traders are awaiting a strong domestic trigger to drive further movement. The 10-year benchmark yield stood at 6.2943% as of 9:45 a.m. IST, marginally higher from Monday's close of 6.2933%.
Stock Market LIVE Updates: Textile stocks rally up to 8% as US imposes steep tariff on Bangladesh imports
Textile stocks surged on Tuesday, with shares of Gokaldas Exports, KPR Mill, Vardhman Textiles, and Arvind Ltd rallying up to 8.2% intraday. The sharp gains came after the US, under President Donald Trump, imposed a 35% tariff on imports from Bangladesh, targeting the apparel and textile sector specifically. Read more
Sensex Today | Stock Market LIVE Updates: AMC stocks climb up to 3.5% as SEBI proposes relaxation in mutual fund norms
Shares of asset management companies like HDFC AMC, Aditya Birla Sun Life AMC, and Nippon Life India AMC gained as much as 3.5% on Tuesday after SEBI proposed easing regulatory norms for mutual fund business operations. Read more
Sensex Today | Stock Market LIVE Updates:J&K Bank shares rise 3% as ace investor Mukul Agrawal picks up 1.3% stake in Q1FY25
Shares of Jammu & Kashmir Bank jumped 3.3% to hit a high of Rs 114.95 on the BSE on Tuesday after renowned investor Mukul Mahavir Agrawal acquired a 1.27% stake—around 1.4 crore shares—in the June 2024 quarter, adding the lender to his portfolio. Read more
Sensex Today | Stock Market LIVE Updates: Titan tumbles 5% after Q1 business update fails to impress D-Street
Titan shares dropped 4.8% to an intraday low of Rs 3,490.95 on Tuesday after its Q1FY26 business. While the lifestyle major posted 20% YoY growth in its consumer business, the market reacted negatively to the overall performance. Read more
Sensex Today | Stock Market LIVE Updates: Rupee rises 23 paise to 85.71 against US dollar in early trade
Sensex Today | Stock Market LIVE Updates | Opening Bell: Sensex drops over 50 pts, Nifty below 25,500; DRL falls 2%, Kotak Bank gains 4%
Stock Market LIVE Updates: Sensex slips over 100 pts in pre-open session, Nifty tests 25,450
Sensex Today | Stock Market LIVE Updates: HDFC Bank backs ₹532 crore Adani SPV bond issue with anchor investment
HDFC Bank has emerged as both the arranger and anchor investor in a ₹532 crore unsecured NCD issue by Adani Energy Solutions' SPV, WRSS XXI (A) Transco. The bank has committed ₹159.6 crore in the long-tenor bonds, which carry a 7.70% coupon and mature in March 2043. The issue has AAA ratings from Crisil and ICRA. Read more
Sensex Today | Stock Market LIVE Updates: Nifty 50 Q1 earnings seen up 4.6% YoY amid uneven sector performance
Nifty 50 companies are projected to post a 4.6% year-on-year rise in net profit and a 4.5% uptick in revenue for Q1FY26. This would mark the first single-digit profit growth in nine quarters, with weak showings expected from names like Tata Motors, IndusInd Bank, and Coal India. Read more
Sensex Today | Stock Market LIVE Updates: Samsung warns of 56% Q2 profit slump, cites US curbs on AI chip sales to China
Samsung Electronics expects a sharper-than-anticipated 56% drop in Q2 operating profit, attributing the slide to U.S. restrictions on advanced AI chip exports to China. Analysts also pointed to delays in delivering high-bandwidth memory (HBM) chips to major client Nvidia as a key factor behind the miss.
Sensex Today | Stock Market LIVE Updates: J&K Bank shares in spotlight as Mukul Agrawal picks up 1.3% stake in Q1
Shares of Jammu & Kashmir Bank are set to be in focus after ace investor Mukul Mahavir Agrawal acquired a 1.27% stake — around 1.4 crore shares — in the June 2024 quarter. The bank also posted a solid Q1FY26 business update, reporting a 9.5% year-on-year rise in total business to ₹2.49 lakh crore.
Sensex Today | Stock Market LIVE Updates: Sebi to tighten surveillance to curb derivatives market misuse
Sebi plans to strengthen its surveillance mechanisms to curb manipulation in the derivatives segment, chairman Tuhin Kanta Pandey said on Monday. The move follows the regulator's action against US-based Jane Street for allegedly using large derivative positions to distort indices and book unlawful gains. Read more
Sensex Today | Stock Market LIVE Updates: Mphasis, Pfizer among 7 stocks to trade ex-dividend on Wednesday
Shares of companies including Mphasis and Pfizer will trade ex-dividend on Wednesday, July 10. This marks the final day for investors to buy these stocks to be eligible for the announced dividends, with July 9 set as the official record date by the respective boards. Read more
Sensex Today | Stock Market LIVE Updates: Glen Industries IPO opens today: GMP, price band, key details
Glen Industries' IPO opens for subscription on July 8, aiming to raise Rs 63.02 crore via a fresh issue of 64.96 lakh equity shares. The BSE SME-bound IPO has set a price band of Rs 92–97 per share. Market buzz remains strong, with a GMP of Rs 25–26, suggesting a 26% premium over the upper band. Read more
Sensex Today | Stock Market LIVE Updates: Oil dips as markets weigh US tariffs, OPEC+ supply boost
Oil prices edged lower on Tuesday, pulling back after a near 2% surge in the previous session, as traders evaluated the impact of fresh U.S. tariffs and a larger-than-expected production hike by OPEC+ for August. Brent crude slipped 21 cents to $69.37 a barrel, while WTI dropped 24 cents to $67.69. Read more
Sensex Today | Stock Market LIVE Updates: Gold steady as Trump's tariff shock offsets pressure from rising yields
Gold prices held firm on Tuesday after U.S. President Donald Trump unveiled steep new import tariffs from Japan, South Korea, and other nations. However, gains were limited as rising U.S. Treasury yields weighed on investor appetite. Spot gold slipped 0.1% to $3,331.89 per ounce, while U.S. gold futures remained flat at $3,341.80. Read more
Sensex Today | Stock Market LIVE Updates: Wall Street slides on tariff shock; Musk's political move weighs on Tesla
U.S. markets closed sharply lower Monday as investor sentiment took a hit from President Donald Trump's announcement of steep tariffs on Japan, South Korea, and other key trade partners. Adding to the pressure, Tesla shares tumbled after CEO Elon Musk revealed plans to launch a new political party in the U.S., raising fresh uncertainty around the EV giant. Read more
Sensex Today | Stock Market LIVE Updates: Titan in focus after Q1 update; consumer biz grows 20% YoY
Titan Company shares will be on investors' radar on Tuesday after the firm reported a 20% year-on-year growth in its consumer business for Q1FY26. Its domestic jewellery segment rose 18% YoY despite muted consumer sentiment due to volatile gold prices.
Sensex Today | Stock Market LIVE Updates: Yen slips to 2-week low as Trump slaps 25% tariffs on Japan, Korea
The yen weakened sharply on Tuesday, sliding to a two-week low of 146.44 against the dollar, after former U.S. President Donald Trump announced 25% tariffs on imports from Japan and South Korea. Meanwhile, the Korean won edged higher by 0.4% to 1370.20 per dollar, though sentiment remained cautious across the region.
Sensex Today | Stock Market LIVE Updates: FOREX news The euro rose 0.3% to $1.1747
The Japanese yen was little changed at 145.95 per dollar
The offshore yuan was little changed at 7.1740 per dollar
Sensex Today | Stock Market LIVE Updates: Global market update S&P 500 futures were little changed as of 9:53 a.m. Tokyo time
Japan's Topix rose 0.2%
Australia's S&P/ASX 200 was little changed
Euro Stoxx 50 futures fell 0.1%
Global Market LIVE Updates: Asian shares edge up as Trump open to tariff talks
Asian markets edged higher after President Trump signaled the possibility of further negotiations, even as new tariff rates were imposed on countries like Japan and South Korea. The MSCI Asia-Pacific index recorded a mild gain, with Japanese and South Korean stocks leading the advance.
Sensex Today | Stock Market LIVE Updates: Stocks in news: Titan, J&K Bank, Tata Motors, M&M, JSW Infra
In today's session, stocks such as Titan, J&K Bank, Tata Motors, M&M, and JSW Infra will be in focus amid key news developments and the release of their first-quarter results.
GIFT Nifty LIVE Updates: GIFT Nifty (Earlier SGX Nifty) signals a muted start
GIFT Nifty on the NSE IX traded lower by 2.50 points, or 0.01 per cent, at 25,513.50, signaling that Dalal Street was headed for muted start on Tuesday.
Sensex Today | Stock Market LIVE Updates: Sensex, Nifty on Monday
Indian benchmark indices, Sensex and Nifty, ended flat on Monday as gains in consumer and oil & gas stocks were offset by declines in financial and IT shares. Investor sentiment stayed cautious amid growing uncertainty surrounding the July 9 U.S. tariff deadline.
Sensex Today | Stock Market LIVE Updates: Ahead of Market: 10 things that will decide stock market action on Tuesday
Indian markets ended flat on Monday, with gains in consumer and oil & gas sectors neutralized by losses in financial and IT stocks. Investor sentiment remained subdued amid increasing uncertainty ahead of the July 9 U.S. tariff deadline. Read more
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Kolhapur among 59 districts in India with huge export potential:Exim study
Kolhapur among 59 districts in India with huge export potential:Exim study

Time of India

time18 minutes ago

  • Time of India

Kolhapur among 59 districts in India with huge export potential:Exim study

Kolhapur: Kolhapur is among 59 districts in India with untapped potential for exports, said Deepali Agarwal, deputy managing director, Export-Import (Exim) Bank, citing a study by the bank. She was speaking at a programme organised by Shiroli Manufacturers Association in Kolhapur. Agarwal said that Exim Bank data showed that major exported products from Kolhapur in 2024-25 were textiles, machine gears, auto components, jewelry, refined sugar, rice, and casting. "According to a study undertaken by Exim Bank, less than 2% of the districts in India contribute to around 40% of India's exports, and hence there remains significant scope of tapping the 'missing middle export districts. "The study identified 'missing middle export districts' whose exports are between US$ 1 billion and US$ 5 billion. In fact, there are around 59 districts in India out of 750 plus districts that fall under the bracket of 'missing middle export districts', one of them being Kolhapur," said Agarwal. Kolhapur, one of the agriculturally advanced districts in Maharashtra, is today a front runner in manufacturing engineering products, refined sugar, and textiles. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Why seniors are rushing to get this Internet box – here's why! Techno Mag Learn More Undo In 2021-22, the exports from Kolhapur amounted to Rs 95.1 billion, and in 2022-23, they increased to Rs 93.7 billion. "The exports from Kolhapur saw a decline after the export ban on sugar; however, Kolhapur's exports increased from Rs 58.9 billion in 2023-24 to Rs 61.8 billion in 2024-25. The data showed that exports from Kolhapur witnessed diversification. In 2024-25, the major exported products from Kolhapur were textiles, machine gears, auto components, jewelry, refined sugar, rice, and casting articles. Together, the top 10 products constituted about 42% of Kolhapur's total merchandise exports, amounting to Rs 25.7 billion during 2024-25," said Agarwal. She mentioned that silver jewelry from Hupari in Kolhapur is also in huge demand in India and abroad. The Kolhapuri Saaj is a specialty of Kolhapur and is exported along with other silver ornaments and idols in silver to countries like the US and Australia. The top official of Exim Bank said that the bank has designed a grassroots initiative and development (GRID) programme to harness the export potential of tier-II cities like Kolhapur. She said that under the programme, the bank supports artisans, craftsmen, weavers, clusters, self-help groups, farmers' producer organisations, and micro-enterprises. Exim Bank also provided assistance to SMAK to set up precision 3D scanning solution and casting simulation technology facility at the common facility centre at SMAK, which will tremendously help small-scale manufacturing units.

Aircraft with high-speed internet to debut in Kol-Abu Dhabi sector
Aircraft with high-speed internet to debut in Kol-Abu Dhabi sector

Time of India

time18 minutes ago

  • Time of India

Aircraft with high-speed internet to debut in Kol-Abu Dhabi sector

Kolkata: Flyers from Kolkata will be the first among 100 cities in over 40 countries on the Etihad Airways network to witness in-flight high-speed WiFi facility across all classes. "The international flying experience will change from Sept 26 when we service the Kolkata-Abu Dhabi sector with a new A321LR aircraft instead of the A320 now,"said Etihad chief revenue and commercial officer, Arik De. The brand new narrow-body Airbus A321LR will offer first-class suites, lie-flat business seats, and an economy cabin with 4K touchscreens and high-speed WiFi. "The WiFi facility will enable flyers to not only work online on their laptops but also view or stream their content from OTT accounts," said De, who will take delivery of the first of 40 A321LR aircraft in two weeks. All flyers can access the free chat feature on WhatsApp, Messenger, Instagram and WeChat. Web-based calls and viewing content online is complementary for first-class passengers but fee-based for others. You Can Also Check: Kolkata AQI | Weather in Kolkata | Bank Holidays in Kolkata | Public Holidays in Kolkata There is a regulatory issue: Indian govt policy on satellite coverage needs to be clarified before the airline can offer internet services on board flights in Indian airspace. The Etihad announcement comes days before rival carrier Emirates Airlines is set to introduce premium economy on four of its 11 flights between Kolkata and Dubai from July 18. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like An engineer reveals: One simple trick to get internet without a subscription Techno Mag Learn More Undo Etihad has twice daily flights on Friday and Sunday and a daily flight on Monday, Wednesday, Thursday, and Saturday between Kolkata and Abu Dhabi. Though it does not have a service on Tuesday, sister airline Air Arabia operates on Tuesday. In the absence of direct flights to Europe or the US, Etihad, Emirates, and Qatar offer connections to the West via Abu Dhabi, Dubai and Doha. While aviation analysts argued that the lack of business class travellers and low yields have discouraged Indian, European, and American carriers from starting direct flights, Etihad is confident of filling up its premium seats. "There are many successful people from Kolkata settled in the US or Europe who want to ensure that their parents travel in comfort," Etihad VP (global sales & distribution) Javier Alija said, adding that around half of the business class passengers were leisure travellers.

Understanding the latest US tariff updates from a T-shirt price POV
Understanding the latest US tariff updates from a T-shirt price POV

Fibre2Fashion

time23 minutes ago

  • Fibre2Fashion

Understanding the latest US tariff updates from a T-shirt price POV

In a significant move reshaping global trade dynamic, US President Donald Trump has announced a new wave of potential tariffs targeting 14 countries—including key textile and apparel exporters like Bangladesh, Cambodia and Indonesia, in addition to Myanmar, Tunisia, Japan, South Korea, and seven other nations. These countries have been given until August 1, 2025 (extended from the earlier July 9 deadline) to finalise new trade deals with the US or face steep increases in import duties. We consider four top textile and apparel manufacturing countries—China, India, Bangladesh and Vietnam, and in today's context analyse the average import unit price of a T-shirt into the US, based on the latest tariff rates. The 2025 average import unit price is calculated based on the United States' reported import trade values and quantities. These figures reflect CFR (Cost and Freight) terms. Table 1: Understanding the latest US Tariff from a T-shirt price POV *Subject to change with the anticipation of a trade deal announcement. (The above values are indicative cost prices based on the import trade data analysis) Following President Trump's tariff announcement on April 2, various countries responded in different ways. Some, such as China, imposed retaliatory tariffs, while others like India and Vietnam initiated discussions to explore potential trade deals and agreements. A deadline of July 9, which was recently extended to August 1, was set for these negotiations. During this period, tariffs were temporarily suspended, and a universal 10 per cent tariff was applied across all countries. China: Following the reciprocal tariffs announced by the US on April 2, 2025, a period of intense escalation ensued, with US tariffs on Chinese goods rising from an initial 34 per cent to as high as 245 per cent. Subsequently, with trade negotiations, both countries reached a temporary agreement in Geneva last month. Under this accord, the US reduced its tariffs on Chinese imports to 55 per cent, while China lowered its retaliatory tariffs to 10 per cent, marking a significant de-escalation from the previously imposed triple-digit rates by both sides. India: After being included in the US tariff list in April 2025, India has actively pursued a trade agreement. Negotiations are reportedly in the final stages, and a deal could soon be announced. In case a deal is not materialised, Indian products will attract a duty of 26 per cent in the US from August 1. Bangladesh: On July 7, Bangladesh received a formal notice from the US about the impending tariff hike. The new rate of 35 per cent (slightly down from the earlier 37 per cent, announced on April 2) is currently one of the highest among major apparel exporters. Vietnam: Despite securing a trade deal, Vietnam will face a 20 per cent tariff on its exports to the US—a reduction from the previously proposed 46 per cent, but still double the current 10 per cent rate, which is applicable equally to most countries. Observations from Table 1 While India currently has a high tariff of 26 per cent, with the positive developments of a trade deal with the US, it is poised to offer the most competitive pricing and may become even more attractive with a lower price point if a trade deal with tariff of 10 per cent or lesser is finalised. Bangladesh, despite a slight tariff reduction, faces one of the steepest duties among major exporters. Vietnam, even with a trade deal, ends up with the highest T-shirt price due to its elevated base cost and 20 per cent tariff. China could face a substantial impact on final import prices to the US, given its position as the highest-tariffed among key apparel-supplying countries. Nevertheless, it remains relatively competitive with Vietnam, largely due to its low base price, which helps offset the elevated tariff burden. Fibre2Fashion News Desk (AP)

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