Market

Max Financial had disclosed to CNBC‑TV18 in May 2024 that it was “hopeful of getting IRDAI approval” for the merger. Source

Rupee weakens against dollar due to trade tensions, RBI intervention, and global market volatility, impacting Indian economy. Source

So far in the current financial year, small and mid-cap stocks have witnessed a sharp rally, with the BSE Small cap gaining 12.89 per cent and the BSE Mid cap rising 12.18 per cent. Source

Stock indices Sensex and Nifty close lower on Tuesday due to selling in oil, gas, and banking shares. Source

Patanjali Foods, the erstwhile Ruchi Soya, was acquired by Patanjali Ayurved in 2019 through the insolvency process. The acquisition was done at a total consideration of ₹4,350 crore. Source

Adani Ports & SEZ reports 6.54% rise in net profit, strong revenue growth, and operational expansions in Q1 FY26. Source

Among the 30 Sensex companies, HCL Technologies, Tech Mahindra, Wipro, Power Grid, Tata Motors, Tata Steel, Tata Consultancy Services and Reliance Industries were the major gainers. Source

Sensex and Nifty decline amid RBI policy caution, foreign fund outflows; Trump’s threats impact Indian markets. Source

The green hydrogen facility will enable the company to become one of the world’s first optical fibre manufacturers to deploy 100% green hydrogen in its production processes and support its goal to achieve net zero by 2030, it said. Source

Rupee gains against U.S. dollar as markets await RBI policy outcome amid global oil price rise and FII outflows. Source