Market

Higher employee benefit expenses and finance costs weighed on Newgen Software’s operating performance during the April-June quarter. Source

Sensex and Nifty rise as global markets show positive trends, with metal, commodities, and auto shares leading the gains. Source

After touching record highs on Tuesday, Sensex opened 242.08 points, or 0.81 per cent higher at 77,543.20 while Nifty 50 inched 71.90 points, or 0.31 per cent higher at 23,629.80. Source

Rupee weakens as Trump’s tariffs spark global trade concerns, dollar demand from OMCs, and FII outflows impact currency. Source

South Indian Bank posted a 10% year-on-year rise in Q1 profit to ₹322 crore, while asset quality improved. Net interest income declined. Source

Investing in U.S. stocks as an Indian resident requires understanding tax implications, regulations, and disclosure requirements to avoid penalties. Source

Gold could climb as high as $4,000 an ounce this year, says Peter McGuire, CEO of Trading.com, who believes momentum is building across commodities. He expects gold to break out of its current consolidation range and sees silver hitting $40 soon, driven by strong industrial demand. McGuire also anticipates a continued downtrend in the US…

July saw precious metals stuck in a range due to the U.S. dollar strength and Fed’s unchanged rates. Source

The 30-share BSE Sensex climbed 329.52 points to 77,808.45 in early trade. The Nifty went up by 100.1 points to hit a record peak of 23,667.10. Source

Stocks in textiles, IT, auto, and pharma sectors drop after U.S. imposes tariffs on Indian goods and Russian imports. Source