Market

Sensex and Nifty surge on big bang GST reforms and S&P upgrade, boosting auto and consumer stocks. Source

Morgan Stanley shares opened down 3%, but accelerated the decline to almost 4% after a report about Trump potentially taking action to fire Fed chairman Jerome Powell. Source

Forex traders cautious amid India-U.S. trade tariff uncertainty, rupee gains against dollar, equities rise, FED Reserve comments awaited. Source

Stocks to watch, Tech Mahindra, L&T Tech, Emcure Pharma, Godrej Properties, Hindustan Zinc, PNC Infratech, Maruti Suzuki India, Angel One and more, these are the stocks to watch for tomorrow. Source

Trump confirmed that in a White House meeting Tuesday night with about a dozen House Republicans, he had discussed the “concept” of dismissing Powell, long a target because of his refusal to lower interest rates as Trump wants. “Almost every one of them said I should,” Trump said about the lawmakers who had come to…

US Stock Market Highlights: Stocks seesawed on Wednesday (July 16) after a White House official told CNBC that President Donald Trump was edging closer to firing Federal Reserve Chair Jerome Powell, initially sending markets lower. The S&P 500 dropped as much as 0.68% before recovering, as Trump later denied the report. Still, traders remained cautious…

Mutual Funds made an exit from names like PFC, HUDCO, SBI and within private names like TCS and JSW Infra, according to data from Nuvama Alternative & Quantitative Research, during the month of June. Source

JS Group is not a good faith actor that can be, or deserves to be, trusted, Sebi order says Source

Shares in Japan and South Korea declined while MSCI’s broader gauge of Asian equities was flat. A gauge of the dollar edged up 0.1% after weakening in the prior session. Treasuries dipped marginally with yields on the 10-year rising almost 1 basis point to 4.46%. Source

PC Jeweller Ltd has reported around 80 per cent growth in revenue during the April-June quarter of this financial year on strong demand despite volatility in gold prices and said it will become debt free this fiscal. Source