SBI shares rose 1.55% after the bank reported a 10% year-on-year increase in standalone first-quarter net profit to Rs 21,121 crore, ahead of expectations. Net interest income rose 15% to Rs 46,992 crore, operating profit increased 10%, and margins improved.
11:58 PMEconomic Times65 stories from 2 sources
Banking earnings lead as capital flows and IPO demand stay strong
Day’s Recap
Supporting Articles

India’s foreign-exchange reserves have risen for five consecutive weeks, marking their longest advance since April 2025 and pushing the stockpile toward a record.
10:31 PMBloomberg MarketsAdani Group's planned infrastructure investment is increasing order flows for several listed engineering, technology, and industrial companies. The resulting growth expectations are also supporting higher valuations for businesses positioned as key suppliers or partners.
11:07 PMEconomic Times
India’s revised process for determining official stock closing prices is facing opposition from high-frequency trading firms, which say SEBI’s short-selling requirements make participation harder.
9:00 PMBloomberg MarketsTitan has added roughly Rs 80,000 crore in market value after a period of muted returns, driven by resilient jewellery demand and the expansion of organized retail. Tanishq and CaratLane remain central to the growth strategy, while watches and eyecare provide additional businesses, and strong first-quarter earnings have reinforced investor confidence.
11:34 PMEconomic TimesArdee Industries is expected to finalize IPO allotments after the issue was subscribed 133.66 times. Its grey market premium of Rs 16 implies a potential 30% listing gain, with trading expected to begin on the BSE and NSE on August 12.
11:49 PMEconomic TimesAnawil Wire & Engineering is scheduled to list on the NSE SME platform with a grey-market premium indicating a potential 21% premium to its issue price. The IPO was subscribed 149.13 times, led by non-institutional investors at 233.36 times.
11:13 PMEconomic TimesKKR-backed LEAP India's Rs 2,480 crore IPO entered its second day after attracting 26% subscription on the first day. Its grey-market premium indicated a potential 10% listing gain, while brokerages recommended subscribing for the long term despite concerns about its premium valuation.
10:57 PMEconomic TimesSBI shares rise nearly 2% after Q1 beat. Here's what Nomura, Morgan Stanley and other top brokerages expect next
Summary
SBI shares rose 1.55% after the bank reported a 10% year-on-year increase in standalone first-quarter net profit to Rs 21,121 crore, ahead of expectations. Net interest income rose 15% to Rs 46,992 crore, operating profit increased 10%, and margins improved.
The earnings beat strengthens the case that SBI can grow without sacrificing asset quality or
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SBI's results raise expectations for earnings upgrades across India's large public-sector banks.

India’s FX Reserves Climb Toward Record on Foreign Inflows
Summary
India’s foreign-exchange reserves have risen for five consecutive weeks, marking their longest advance since April 2025 and pushing the stockpile toward a record.
Sustained foreign inflows are rebuilding India’s external buffer and giving the Reserve Bank of India
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A larger reserve cushion reduces India’s vulnerability to external shocks and abrupt capital outflows.
How Adani’s $125 billion capex boom is creating new winners on Dalal Street
Summary
Adani Group's planned infrastructure investment is increasing order flows for several listed engineering, technology, and industrial companies. The resulting growth expectations are also supporting higher valuations for businesses positioned as key suppliers or partners.
The main shift is from Adani's capex plans to a broader earnings cycle for its
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Adani's spending is becoming a sector-wide investment theme, extending both opportunity and concentration risk beyond the group's own stocks.

HFTs Shun India Stock Closing Auction Over SEBI Short-Selling Hurdle
Summary
India’s revised process for determining official stock closing prices is facing opposition from high-frequency trading firms, which say SEBI’s short-selling requirements make participation harder.
The closing auction is creating a direct compliance cost for firms that provide liquidity and
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A market-design change intended to improve price discovery may instead weaken liquidity at one of the session’s most important moments.
How Rakesh Jhunjhunwala's old Tata bet created Rs 80,000 crore wealth after two years of flat returns
Summary
Titan has added roughly Rs 80,000 crore in market value after a period of muted returns, driven by resilient jewellery demand and the expansion of organized retail. Tanishq and CaratLane remain central to the growth strategy, while watches and eyecare provide additional businesses, and strong first-quarter earnings have reinforced investor confidence.
Titan's re-rating reflects both sustained category growth and the company's ability to convert brand strength
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Titan shows how a long-term consumer franchise can compound value after an extended period of stagnant returns.
Ardee Industries IPO allotment today, GMP signals 30% listing gain. Here’s how to check status
Summary
Ardee Industries is expected to finalize IPO allotments after the issue was subscribed 133.66 times. Its grey market premium of Rs 16 implies a potential 30% listing gain, with trading expected to begin on the BSE and NSE on August 12.
The subscription level signals strong retail and institutional appetite, but the grey market premium is
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The issue reflects strong demand for new listings while underscoring the risk of treating grey market pricing as certainty.
Anawil Wire & Engineering shares to list today; GMP points to 21% premium ahead of debut
Summary
Anawil Wire & Engineering is scheduled to list on the NSE SME platform with a grey-market premium indicating a potential 21% premium to its issue price. The IPO was subscribed 149.13 times, led by non-institutional investors at 233.36 times.
The decisive signal is the exceptionally high subscription, with demand strongest among leveraged non-institutional bidders.
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The listing will test whether extreme IPO demand can translate into durable post-listing liquidity and valuation.
LEAP India IPO Day 2: Check GMP, subscription status, issue details; Should you subscribe?
Summary
KKR-backed LEAP India's Rs 2,480 crore IPO entered its second day after attracting 26% subscription on the first day. Its grey-market premium indicated a potential 10% listing gain, while brokerages recommended subscribing for the long term despite concerns about its premium valuation.
The early demand is positive but not yet strong enough to validate the issue's pricing,
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The IPO tests whether institutional sponsorship and a growth narrative can overcome demanding pricing and subdued early subscription.
Other Developments
A curated list of other prominent stories from this day.
No substantive news or company-specific development was provided in the supplied material.
11:41 PMEconomic TimesThe article identifies Tata Technologies among five stocks showing a White Marubozu pattern, a candlestick formation in which the stock opens near its low and closes near its high. The pattern is generally read as evidence of strong buying pressure.
11:41 PMEconomic TimesThe available material provides no details beyond a live update concerning Asian Paints disclosures under Regulations 31(1) and 31(2) of the SEBI takeover rules.
11:40 PMEconomic TimesThe available material identifies Siemens Energy India among four stocks showing a bullish upswing in the relative strength index, a momentum indicator used to track changes in buying pressure.
11:36 PMEconomic TimesThe available material provides no financial figures or developments beyond a live update on Reliance Industries' financial snapshot.
11:30 PMEconomic TimesNo substantive company update or stock-specific development was provided in the supplied material.
11:15 PMEconomic TimesThe item is a live market update for Hindalco, but no specific price movement, corporate development, or trading data is provided.
11:12 PMEconomic TimesNo substantive company update or market development was provided in the supplied material.
11:05 PMEconomic TimesNo substantive company update or stock-specific development was provided in the supplied material.
11:05 PMEconomic TimesThe item is a live market update for IndusInd Bank, but no specific price movement, financial development, or trading data is provided.
11:05 PMEconomic TimesThe item is a live market update for Tata Steel, but no specific price movement, operating update, or trading data is provided.
11:05 PMEconomic TimesTechnocraft Ventures' IPO was subscribed 2.59 times by the second day of bidding, while its grey-market premium indicated a potential 11% listing gain. The Rs 251.88 crore issue is priced in a Rs 200 to Rs 212 band, and analysts have assigned a Subscribe Long Term view based on its growth prospects.
11:04 PMEconomic TimesThe item is a live market update for UltraTech Cement, but no specific price movement, corporate development, or trading data is provided.
11:00 PMEconomic TimesICICI Bank's share-price movement is described as indicating a positive trend, though the available text does not provide the size, duration, or trigger of the advance.
10:55 PMEconomic TimesThe item provides live updates and market details for Bharti Airtel shares, but the available text does not specify a particular price move, catalyst, or trading signal.
10:55 PMEconomic TimesThe item tracks Divis Laboratories' share-price performance, but the available text does not identify a clear direction, catalyst, or material change.
10:52 PMEconomic TimesThe item provides live market details for Infosys shares, but the available text does not state whether the stock rose or fell or what drove the move.
10:50 PMEconomic TimesThe item tracks UPL's share price and stock details, but the available text does not specify a meaningful price move, catalyst, or change in investor sentiment.
10:50 PMEconomic TimesBajaj Auto's six-month beta is presented as a sign of relative share-price stability compared with the broader market.
10:47 PMEconomic TimesTata Motors Passenger Vehicles shares moved above their 100-day simple moving average, marking a notable technical improvement.
10:47 PMEconomic TimesTitan Company is reported to have reached a new milestone, but the available text does not specify whether this refers to its share price, market value, or operating performance.
10:47 PMEconomic TimesThe update focuses on JSW Steel's six-month beta, a measure of how sharply the stock has moved relative to the broader market. It presents the metric as an indicator of the stock's recent volatility.
10:46 PMEconomic TimesKotak Bank Share Price Live Updates: Kotak Bank News
Summary
No substantive news or company-specific development was provided in the supplied material.
The available information does not establish a change in Kotak Mahindra Bank's earnings outlook, asset
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The absence of a reported catalyst leaves investors without a clear basis for interpreting the stock's performance.
Tata Technologies among 5 stocks flashing bullish signals. Upside on cards?
Summary
The article identifies Tata Technologies among five stocks showing a White Marubozu pattern, a candlestick formation in which the stock opens near its low and closes near its high. The pattern is generally read as evidence of strong buying pressure.
The bullish signal points to strong session-level momentum, but it does not establish a durable
Unlock the full First Pass Analysis to get a better understanding of why this story mattersWhy it matters
Technical momentum may attract traders, but a single candlestick pattern offers limited evidence of lasting upside.
Asian Paints Share Price Live Updates: Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011.
Summary
The available material provides no details beyond a live update concerning Asian Paints disclosures under Regulations 31(1) and 31(2) of the SEBI takeover rules.
The disclosure could relate to changes in promoter shareholding or encumbrances, but the available information
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Shareholding disclosures can affect governance and supply expectations, but the filing's significance remains unclear.
Siemens Energy India among 4 stocks that show bullish RSI upswing
Summary
The available material identifies Siemens Energy India among four stocks showing a bullish upswing in the relative strength index, a momentum indicator used to track changes in buying pressure.
An improving RSI suggests momentum is strengthening, but it does not by itself confirm a
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Momentum indicators can identify emerging interest, but they provide weak protection against reversals without broader confirmation.
RIL Share Price Live Updates: RIL's Financial Snapshot
Summary
The available material provides no financial figures or developments beyond a live update on Reliance Industries' financial snapshot.
Without details on revenue, profit, debt, or segment performance, there is no basis to judge
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Reliance's scale makes any earnings or balance-sheet change market-relevant, but the available update contains no actionable information.
LTIMindtree Share Price Live Updates: LTIMindtree Stock Performance
Summary
No substantive company update or stock-specific development was provided in the supplied material.
There is no evidence here of a change in LTIMindtree's deal pipeline, margins, or demand
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Investors still need fresh evidence on technology spending and execution before reassessing the company.
Hindalco Share Price Live Updates: Hindalco's Stock Analysis
Summary
The item is a live market update for Hindalco, but no specific price movement, corporate development, or trading data is provided.
No decisive market shift can be established from the available information. Investors would need the
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Without underlying price or business data, the update offers no actionable signal.
Eicher Motors Share Price Live Updates: Eicher Motors Current Market Status
Summary
No substantive company update or market development was provided in the supplied material.
The material does not indicate a change in Royal Enfield demand, premium motorcycle competition, or
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The stock's investment case remains tied to demand and execution data that are not provided here.
Wipro Share Price Live Updates: Wipro's Current Market Position
Summary
No substantive company update or stock-specific development was provided in the supplied material.
The available information does not show whether Wipro's growth outlook, client demand, margins, or deal
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A meaningful view on Wipro requires updated data on IT spending and the company's ability to return to growth.
IndusInd Bank Share Price Live Updates: IndusInd Bank's Current Market Position
Summary
The item is a live market update for IndusInd Bank, but no specific price movement, financial development, or trading data is provided.
No decisive change can be identified from the available information. A useful assessment would require
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The update cannot support an investment conclusion without concrete market or business data.
Tata Steel Share Price Live Updates: Tata Steel's Current Price and Market Performance
Summary
The item is a live market update for Tata Steel, but no specific price movement, operating update, or trading data is provided.
No new market signal is available in the supplied information. Tata Steel's direction would normally
Unlock the full First Pass Analysis to get a better understanding of why this story mattersWhy it matters
The absence of price and sector data leaves the update without a clear market implication.
Technocraft Ventures IPO Day 2: Issue subscribed 3.51x, GMP signals 12% premium — Should you subscribe?
Summary
Technocraft Ventures' IPO was subscribed 2.59 times by the second day of bidding, while its grey-market premium indicated a potential 11% listing gain. The Rs 251.88 crore issue is priced in a Rs 200 to Rs 212 band, and analysts have assigned a Subscribe Long Term view based on its growth prospects.
The issue has cleared the basic demand threshold, but subscription is materially less aggressive than
Unlock the full First Pass Analysis to get a better understanding of why this story mattersWhy it matters
Investors must separate the modest near-term premium from the company's ability to justify its valuation over time.
UltraTech Cem Share Price Live Updates: UltraTech Cem. Stock Details
Summary
The item is a live market update for UltraTech Cement, but no specific price movement, corporate development, or trading data is provided.
No decisive market shift can be established from the available information. Assessing the stock would
Unlock the full First Pass Analysis to get a better understanding of why this story mattersWhy it matters
The update contains no concrete information to guide a view on UltraTech Cement.
ICICI Bank Share Price Live Updates: ICICI Bank's Price Movement Indicates Positive Trend
Summary
ICICI Bank's share-price movement is described as indicating a positive trend, though the available text does not provide the size, duration, or trigger of the advance.
The key shift is improving price momentum in one of India's largest private-sector banks. Whether
Unlock the full First Pass Analysis to get a better understanding of why this story mattersWhy it matters
A sustained uptrend in ICICI Bank can reinforce positive sentiment across India's private-bank sector.
Bharti Airtel Share Price Live Updates: Bharti Airtel Stock Details
Summary
The item provides live updates and market details for Bharti Airtel shares, but the available text does not specify a particular price move, catalyst, or trading signal.
No decisive change can be established from the available information. Investors would need the stock's
Unlock the full First Pass Analysis to get a better understanding of why this story mattersWhy it matters
Without a defined catalyst or trend, the update offers limited evidence for an investment decision.
Divis Labs Share Price Live Updates: Divis Labs Stock Performance
Summary
The item tracks Divis Laboratories' share-price performance, but the available text does not identify a clear direction, catalyst, or material change.
No specific market shift is established in the supplied information. Investors need evidence on earnings,
Unlock the full First Pass Analysis to get a better understanding of why this story mattersWhy it matters
Divis Labs' valuation can move sharply on changes in growth expectations, making the missing context important.
Infosys Share Price Live Updates: Infosys Stock Details
Summary
The item provides live market details for Infosys shares, but the available text does not state whether the stock rose or fell or what drove the move.
The available information does not establish a decisive shift in Infosys' outlook. The relevant tests
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Infosys remains sensitive to global technology spending, so price action without operating context can be misleading.
UPL Share Price Live Updates: UPL Stock Details
Summary
The item tracks UPL's share price and stock details, but the available text does not specify a meaningful price move, catalyst, or change in investor sentiment.
No clear shift can be inferred from the supplied information. UPL's outlook will depend on
Unlock the full First Pass Analysis to get a better understanding of why this story mattersWhy it matters
Balance-sheet pressure and uneven agricultural demand can make UPL's share-price moves especially dependent on operating data.
Bajaj Auto Share Price Live Updates: Bajaj Auto's six-month beta reflects stability
Summary
Bajaj Auto's six-month beta is presented as a sign of relative share-price stability compared with the broader market.
The decisive signal is lower observed sensitivity to market-wide moves over the six-month period. That
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A stable trading profile can support Bajaj Auto's role as a lower-volatility option within the auto sector.
Tata Motors PV Share Price Live Updates: Tata Motors PV Surges Above 100-Day SMA
Summary
Tata Motors Passenger Vehicles shares moved above their 100-day simple moving average, marking a notable technical improvement.
The decisive shift is a break above a widely watched medium-term trend level, which can
Unlock the full First Pass Analysis to get a better understanding of why this story mattersWhy it matters
A durable break above the 100-day SMA could change short-term sentiment toward Tata Motors' passenger-vehicle business.
Titan Company Share Price Live Updates: Titan Company Reaches New Milestone
Summary
Titan Company is reported to have reached a new milestone, but the available text does not specify whether this refers to its share price, market value, or operating performance.
The milestone is the central development, but its investment meaning cannot be assessed without knowing
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Titan's premium valuation makes the nature and durability of any milestone critical to judging whether expectations are justified.
JSW Steel Share Price Live Updates: JSW Steel's 6-Month Beta Highlights Stock Volatility
Summary
The update focuses on JSW Steel's six-month beta, a measure of how sharply the stock has moved relative to the broader market. It presents the metric as an indicator of the stock's recent volatility.
The key signal is the stock's sensitivity to market swings over the past six months.
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Higher market sensitivity can amplify both gains and losses when sentiment turns.
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