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Hot Commodities: WTI Crude melts more than 6%, Trump offers hope on peace talks

Mumbai, Aug. 3 -- WTI Crude oil futures slumped on Monday morning after US President Donald Trump put a planned strike on Iran on hold to pave the way for peace talks. Supply hopes were boosted and th... Read More


Sri Lotus Developers rises after recording 77% YoY rise in Q1 PAT

Mumbai, Aug. 3 -- While EBITDA improved by 63% YoY to Rs 48 crore, EBITDA margin, however, contracted by 1160 basis points YoY to 36.4% in the June'26 quarter. Profit before tax in Q1 FY27 stood at R... Read More


US Stocks Pull Back as Treasury Yields Surge and Tech Earnings Loom

Mumbai, Aug. 3 -- US stocks quickly encountered profit-taking pressure after a sharp short-term rebound, with the S&P 500 flipping into negative territory just one day after its best single-session pe... Read More


Escorts Kubota gains after July tractor sales climb 22% YoY

Mumbai, Aug. 3 -- Domestic tractor sales stood at 8,194 units in July 2026, registering a growth of 23.7% compared with 6,624 units sold in July 2025. The company said growth momentum remained positiv... Read More


NALCO rises after Q1 PAT jumps 91% YoY to Rs 2,003 cr

Mumbai, Aug. 3 -- Revenue from operations jumped 39.01% YoY to Rs 5,302.38 crore in the quarter ended 30 June 2026. Profit before tax stood at Rs 2,649.66 crore in Q1 FY27, up 87.33% as against Rs 1,... Read More


Indias fiscal deficit hits 18.2% of BE in June quarter

Mumbai, Aug. 3 -- India's fiscal deficit in April-June came in at Rs 3.1 lakh crore, or 18.2% of the budget estimate (BE) for the financial year ending March 31, government data showed on Friday. The ... Read More


Ashok Leyland gains as July 2026 vehicle sales surge 30% YoY to 19,590 units

Mumbai, Aug. 3 -- Total medium and heavy commercial vehicle (M&HCV) sales rose 29% YoY to 12,270 units, while light commercial vehicle (LCV) sales increased 32% YoY to 7,320 units during the month. I... Read More


RBI's concessional swap facility hits $40.82 billion

Mumbai, Aug. 3 -- The Reserve Bank said its concessional swap facility, introduced to encourage foreign currency inflows, has attracted USD 40.82 billion till July 31. The swap facility has seen avid ... Read More


Dollar index shifts under 100 mark threshold

Mumbai, Aug. 3 -- The dollar index slipped lower on Monday and shifted below the 100 mark pressured by easing Federal Reserve rate momentum and suspected Japanese intervention in currency markets. Eas... Read More


Dollar index shifts under the 100 mark threshold

Mumbai, Aug. 3 -- The dollar index slipped lower on Monday and shifted below the 100 mark pressured by easing Federal Reserve rate momentum and suspected Japanese intervention in currency markets. Eas... Read More