tata reliance

India's top companies saw a significant market valuation surge last week, with Reliance Industries leading the gains. Despite a volatile trading period, the BSE Sensex managed a modest advance. While several giants added billions, others like Bharti Airtel and Hindustan Unilever experienced notable dips. Analysts point to global optimism and domestic buying as drivers for the market's recovery.

India's defence exports have soared to an unprecedented Rs 38,424 crore, with the US emerging as the top buyer for sub-systems and components. This remarkable growth, nearly tripling in five years, is fueled by strategic partnerships like the proposed Reciprocal Defence Procurement Agreement with the US and domestic reforms, positioning India as a global defence exporter.

Indian markets experienced a significant downturn last week, with the top 10 most valued firms losing Rs 3.12 lakh crore. Geopolitical tensions, a weakening rupee, and rising inflation, exacerbated by surging crude oil prices, drove the decline. Reliance Industries saw the steepest fall, while Bharti Airtel was the sole gainer among the giants.

India is set to revolutionize its mechanized warfare with the Future Infantry Combat Vehicle (FICV) program, replacing aging BMPs with advanced, indigenous platforms. This multi-billion dollar initiative emphasizes drone integration, digitization, and high-mobility capabilities, marking a significant shift towards self-reliance in defense manufacturing and modernizing the Army's battlefield prowess.

PRO FX Tech reported a 37% revenue surge to Rs 177 crore and a 24% net profit increase to Rs 15 crore in FY26. This growth was fueled by strong demand for premium audio products and enhanced execution across retail and business segments, despite macroeconomic headwinds. The company anticipates exceeding Rs 200 crore in revenue this fiscal year.

Indian equity benchmarks Sensex and Nifty closed lower on Tuesday after a late sell-off in heavyweight stocks like HDFC Bank and Reliance Industries erased early gains. Concerns over the rupee hitting a fresh record low and elevated crude oil prices also weighed on investor sentiment, though IT stocks provided some support.

RIL, Tata group exploring greater flexibility; move may affect IT companies return to office plans

Fifty-two years ago, India detonated a nuclear device in Rajasthan's Thar desert, codenamed 'Smiling Buddha'. This event, coinciding with Buddha Purnima, marked India's entry into the nuclear club. Despite being officially termed a 'peaceful nuclear explosion', the test ignited debate and reshaped India's global standing, demonstrating scientific self-reliance and announcing strategic intent.

PM Modi has called on citizens to adopt measures aimed at conserving foreign exchange, as the surge in oil prices triggered by the Iran conflict has intensified pressure on the rupee and strained India’s foreign exchange reserves.

Indian aviation faces unprecedented turbulence due to a perfect storm of factors. From pandemic fallout and engine failures to airspace closures and a Middle East war driving fuel prices sky-high, airlines are struggling. Passengers face rising fares and cancelled routes as the sector grapples with deep financial distress and operational chaos.

Dalal Street concluded the holiday-shortened week with gains, as the combined market valuation of India's top 10 firms surged by Rs 2.20 lakh crore, led by Reliance Industries. Despite a volatile trading environment and mixed global cues, investor sentiment remained resilient, with the BSE Sensex rising 0.32%.

Stock market today: The BSE Sensex, comprising 30 stocks, advanced 355.90 points, or 0.46 per cent, to close at 77,269.40. During the session, it had surged as much as 997.25 points, or 1.29 per cent, reaching an intraday high of 77,910.75.

Indian equity markets experienced a significant downturn, with the top ten most-valued firms losing over Rs 2 lakh crore. Tata Consultancy Services and Reliance Industries bore the brunt of this decline, influenced by geopolitical tensions and weak IT sector commentary. The broader market also saw substantial drops in benchmark indices.