Market

From a financial perspective, the dominant portion of Thermax’s revenue portfolio is delivering double-digit EBIT margins, indicating strong profitability as legacy projects are phased out. Kotak sees reasonable growth prospects ahead. Source

Sensex and Nifty fall for fourth consecutive day amid India-U.S. trade deal uncertainty and foreign fund outflows. Source

Polycab’s Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) increased by 47.1% to ₹858 crore, well above the 31% growth projection in the CNBC-TV18 poll to ₹762 crore. Source

Rupee falls to 86.88 against dollar due to month-end demand, foreign fund outflows, and weak equities. Source

Navkar Corporation shares jumped over 10% after the company reported a return to profitability and a sharp improvement in operating margin for the June quarter. Source

Lenskart IPO filing reveals ₹2,150 crore fresh issue and sale of 13.23 crore shares by major shareholders in the initial public offering. Source

Following the latest transaction, Wilmar International will become the majority shareholder in AWL Agri with a 64% holding, overtaking Adani. Source

Rupee falls against dollar due to month-end demand, trade talks uncertainty, and rise in crude oil prices. Source

The index crossed the 78,000 mark for the first time. The broader Nifty 50 jumped 183.45 points, or 0.78 per cent, to end at a new peak of 23,721.3. Source

Sensex and Nifty rebound after three-day decline, led by gains in Reliance Industries and HDFC Bank. Source