Market

Sensex and Nifty rise in opening trade, with Larsen and Toubro leading gains; Trump comments on India trade deal. Source

Sensex Today | Stock Market Highlights: The Nifty closed around the 25,100 mark, slipping 101 points to settle at 25,111, while the Sensex declined 375 points. Weakness in banking and IT stocks weighed on the market, with the Nifty Bank falling 340 points and the Midcap index dropping 102 points to 59,519. Source

Follow The Hindu’s updates on the rupee: Rupee weakens below 87 per dollar amid rising oil prices and trade uncertainty with the U.S. on July 30. Source

Wipro Q1 Results: During its results, reported after market hours on Thursday, July 17, Wipro’s constant currency revenue growth declined 2% quarter-on-quarter during the April-June period, which was in-line with what the Street anticipated. Source

Sensex and Nifty rise on heavy Larsen & Toubro buying, despite US trade deal uncertainty and foreign fund outflows. Source

Among Nifty sectoral indices, IT, Energy, Media, Infrastructure, Commodities traded in green while Auto, PSU Bank, Financial Service, FMCG remained in red territory. Source

Rupee falls against dollar on trade deal uncertainty, month-end demand, and foreign fund outflows, impacting Indian markets. Source

For the June quarter, Ixigo’s revenue increased by 73% from last year to ₹314.4 crore, while its Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) grew by 53.4% on a year-on-year basis to ₹25.47 crore. Source

Sensex and Nifty plummet as Trump imposes 25% tariff on Indian goods and penalties for Russian imports. Source

Hyderabad-based Dr Reddy’s Laboratories is expected to post positive top line and profit figures in the upcoming first quarter results scheduled for announcement on July 23. Source