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The U.S. military said the Strait of Hormuz was open for all commercial vessels to transit, after Treasury Secretary Scott Bessent claimed that an Iran deal is close. U.S. Central Command said the "southern route of the Strait of Hormuz remains free and open" in a post on X, high
RBI MPC meeting August 2026: The Reserve Bank of India (RBI) on Wednesday, 5 August, announced a status quo on benchmark interest rates and maintained a ‘neutral’ policy stance, in line with market expectations. The central bank said the Indian economy performed better than expec
Manipal Health IPO listing: Manipal Health share price made a strong debut in the Indian stock market on Wednesday, 5 August. The stock listed at 11% premium over the IPO price of ₹590. Manipal Health shares debuted at ₹652 apiece on the NSE and ₹655 on the BSE, delivering listin
The currency opened 0.5% higher at 94.92 per U.S. dollar, its highest level since July 1, and has been moving in the 94.92-95.02 range in early trade. The Brent crude oil benchmark tumbled 5.2% on Tuesday, extending losses by another 1% in Asian trade amid comments from Qatari an
More than 80% of active global emerging-market funds are underweight India. If those funds simply restore their allocations to neutral, the shift could generate around $25 billion of inflows, HSBC strategists Prerna Garg, Herald van der Linde and Yogesh Aggarwal said in a report.
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Stock market today: Indian benchmark indices traded mixed on Wednesday, August 5, ahead of the Reserve Bank of India's (RBI) monetary policy decision, as investors largely priced in an unchanged interest rate while awaiting the central bank's commentary on inflation and growth. A
Technology-led risk and reinsurance platform InRisk Labs has raised $27 million in a Series A funding round co-led by Bessemer Venture Partners and Northpoint Capital. The funding comes alongside a regulatory milestone for the company. Its subsidiary, EarthRe Insurance IFSC Limit
Stock market today: Despite reporting a 62% year-on-year (YoY) rise in consolidated net profit and a 63% surge in revenue, the BSE share price witnessed selling pressure in the early-morning session on Wednesday. BSE share price today opened upside at ₹3,664.10 apiece on the NSE,
Nykaa’s revenue from operations rose over 29% YoY to Rs 2,782 crore, while EBITDA surged 68% YoY to Rs 236 crore during the quarter under review. Its EBITDA margin improved to 8.5% in the first quarter of the ongoing financial year, up from 6.5% reported in the corresponding peri
Listen to this article in summarized format Its revenue from operations rose more than 18% YoY to Rs 58,539 crore, compared with Rs 49,463 crore a year ago. The company will hold its analyst call at 12 PM today Also read: Government reviews net neutrality rules to enable 5G netwo
Listen to this article in summarized format Sensex jumped over 400 points to trade above 78,800, while Nifty 50 rose above the 24,600 level. This came as India VIX, which measures volatility in market, slumped 3% to 11.85. Bharti Airtel, IndiGo, L&T, M&M and UltraTech Cement shar
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Life Insurance Corporation of India (LIC) share price recovered on Wednesday after opening lower, trading in the green during the session as the offer-for-sale (OFS) opened for retail investors today. The stock rose as much as 0.18% on the NSE, bouncing back slightly after plungi
The company's revenue from operations rose 45.7% YoY to Rs 10,588.9 crore from Rs 7,268.5 crore, according to the unaudited financial results approved by the board on August 4. Operating performance remained healthy, with EBITDA (earnings before interest, taxes, depreciation and
Business News›Markets›Stocks›Stock Live Blog›Asian Paints Share Price Live Updates: Asian Paints News LIVE BLOG Asian Paints share price live updates Stay updated with the Asian Paints Stock Liveblog, your one-stop destination for real-time information and analysis of a leading
The latest grey market premium (GMP) for H.R. Hygiene Products stands at Rs 1 per share, translating into a premium of nearly 1% over the upper end of the IPO price band of Rs 88. Based on the current GMP, the estimated listing price is around Rs 89 per share, suggesting modest l
LIVE BLOG HDFC Life share price live updates Stay up-to-date with the HDFC Life Stock Liveblog, your comprehensive source for real-time updates and detailed analysis on a prominent stock. Explore the latest information on HDFC Life, including: Last traded price 542.65, Market cap
'Profits of war' and 'Super-rain' - Published The Daily Telegraph leads on calls from senior MPs, external for Andy Burnham to introduce an exemption from the early release scheme for prisoners convicted of killing an emergency service worker. The Sun says that "furious cops" wil
Trump says Iran will be 'hit very hard' if Hormuz Strait not open soon as oil prices fall - Published Donald Trump said the Strait of Hormuz would open "very soon" or Iran would be "hit very hard" as oil prices fell to a three-week low amid hopes of a deal. The US president was s
The Indian rupee appreciated 46 paise to open above the 95-per-US dollar mark on Wednesday, August 5, ahead of the Reserve Bank of India's (RBI) monetary policy decision, supported by a continued decline in crude oil prices amid signs of progress in US-Iran negotiations. The dome
Gold and silver prices today: Gold and silver rates on the MCX climbed on Wednesday (5 August) morning amid declines in the US dollar and crude oil prices, while investors' focus was also on the RBI MPC policy decision today. MCX gold October futures were 0.56% up at ₹1,45,110 pe
Business News›Markets›Stocks›Stock Live Blog›SBI Life Share Price Live Updates: SBI Life's Price Movement Today LIVE BLOG SBI Life share price live updates Join us on the SBI Life Stock Liveblog, your hub for real-time updates and comprehensive analysis on a prominent stock. St
Domestic brokerage firm ICICI Securities has initiated coverage on seven public sector banks. The brokerage said the phase of strong earnings growth and return on assets (RoA) expansion for PSU banks appears to be losing momentum. Even so, it expects return on equity (RoE) to rem
Deep-tech energy startup Adiabatic Technologies has raised Rs 8.3 crore in a seed funding round co-led by Malpani Ventures and Avinya Ventures, with participation from Appreciate Capital, DeVC, Operators Studio, and UPES Incubator. The company had previously raised Rs 1.1 crore i
The study, which analysed housing data across the country's top 11 cities between 2019 and the second quarter of 2026, found that rising property prices have been accompanied by improving rental yields, a departure from the traditional trend where higher capital values typically
Semiconductors have become the standout story of 2026. When people talk about "chips" today, they almost always mean this one. India is now pulling in serious investment interest from semiconductor companies across Japan, the US, Europe, and Southeast Asia, with global players ey
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Molbio Diagnostics IPO price band: The Molbio Diagnostics Limited IPO price band has been fixed in the range of ₹768 to ₹807 per equity share of the face value of Re 1. The Molbio Diagnostics IPO date of subscription is scheduled for Monday, 10 August and will close on Wednesday,
Global markets today: The Indian stock market is poised for a firm start, with improving global risk sentiment underpinning investor confidence after renewed optimism over a potential U.S.-Iran agreement raised expectations that shipping through the Strait of Hormuz could gradual
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After a volatile year for Indian equities, several Nifty 50 stocks are now trading at significant discounts to their historical valuation averages. While the correction reflects concerns amid geopolitical worries, experts believe the sharp derating has created attractive opportun
BSE’s revenue from operations meanwhile rose 63% to Rs 1,566 crore in the first quarter of the ongoing financial year 2027, from Rs 958 crore reported in the corresponding quarter of the previous financial year. Investment income also rose sharply to Rs 135 crore from Rs 79 crore
Fusion Klassroom Edutech IPO Allotment: The Fusion Klassroom Edutech IPO concluded its three-day subscription window on August 4, and investors are now awaiting the share allotment, which is likely to be finalised today, August 5. The SME IPO, which opened for bidding on July 31,
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On August 4, five Nifty500 stocks that gained over 4% appeared on the ‘White Marubozu’ bullish scanner, according to StockEdge’s technical scan data. A White Marubozu is a bullish candlestick pattern in technical analysis that occurs when the opening price is the lowest for a giv