Pharma stocks zoom: Laurus Labs, Aurobindo hit new highs in trade

The BSE Healthcare index rallied over 1% in Monday’s trade. Thus far in the financial year 2026-27, it outperformed the market by soaring 25%, against a near 4% rise in the BSE Sensex. BSE Healthcare index movement   Shares of pharmaceutical companies were in demand with the BSE Healthcare index rallying over 1 per cent…

Equity mutual funds attract ₹29,329 crore in August, highest in 4 months

Strong investor interest in mid-cap and small-cap funds lifted equity mutual fund inflows nearly 19 per cent from July, even as overall mutual fund inflows fell sharply Equity mutual fund schemes attracted Rs 29,329 crore in August, registering their highest net inflow in four months, as investors continued to favour mid- and small-cap funds despite…

Govt defends GDP estimates, says revisions reflect data, not growth boost

India’s economy grew 7.8 per cent in real terms in the first quarter of fiscal 2026-27, according to the revised GDP series. The statistics ministry on Wednesday defended the methodology behind its newly released economic growth estimates, saying revisions to last year’s GDP and the divergence between different price measures reflect updated data and estimation…

Heatwave to boost power demand: Analysts pick top power stocks to invest in

Heatwave alert: Rising temperatures could drive a surge in power demand. Analysts see opportunities in select power stocks like NTPC, Tata Power, JSW Energy, and Adani Power. Heatwave, harsher summer prediction 2026: Should you buy power stocks now?   An early and intense summer is acting as a key catalyst for India’s power sector. With…

India’s inflation cools to 2.1% in June, extending slide to more than 6-year lows

  Consumer inflation had dipped to 2.82% in May. CPI data allows India room to ease rates at a time when Trump tariffs threaten growth. India’s economy rose by a faster-than-expected 7.4% in the quarter ended March. India’s consumer inflation continued to ease in June, hitting a lower-than-expected 2.10%, government data showed on Monday. The…

‘Targeted those who killed innocents’: Rajnath Singh on Operation Sindoor

Speaking at an event in New Delhi, Defence Minister Rajnath Singh commended Indian armed forces for carrying out precision strikes on terror camps in Pakistan and Pakistan-occupied Kashmir   Lauding the Indian armed forces for ‘Operation Sindoor’, Defence Minister Rajnath Singh on Wednesday said the action eliminated those who targeted and killed innocent civilians. He was…

Nifty hits nine-month low, falls for seventh straight session; where’s the index headed?

  In the current session, Sensex gained 10 pts to 74,612 and Nifty slipped 2.5 pts to 22,545. Nifty closed at a nine-month low today, its lowest level since the close of 21,884 on June 4.   The benchmark Nifty50 closed lower for the seventh straight session on Thursday, dimming hopes of a recovery led…