📊 Market Scorecard

🪙 Alternative Assets

🗞️ Today’s Highlights

• Indian Equity Markets Surge, Led by IT and Banking Sectors: Indian equity markets saw significant gains on Friday, driven by strong buying interest in IT and banking stocks. Positive sentiment was further boosted by anticipated Q1 results from Reliance Industries.
• Sensex Zooms 965 Points, Nifty Ends Above 24,300: The Sensex closed with a gain of 965 points, while the Nifty 50 ended above the 24,300 mark. Kotak Bank jumped 4%, and TCS rose 3% contributing to the market rally.
• Reliance Industries Shares Climb Ahead of Q1 Results: Reliance Industries Ltd (RIL) shares climbed nearly 2% today, providing significant support to the market. Investors are keenly awaiting the company's first-quarter FY2027 results, expected after market hours.

🏢 Corporate Action

• SBI Funds Management IPO Allotment: The allotment status for the SBI Funds Management IPO is scheduled to be announced today, July 17, 2026. Investors can check their allotment status.
• NLC India Renewables IPO Lead Managers Appointed: NLC India Renewables, a subsidiary of NLC India, has appointed four prominent investment banks to serve as book running lead managers for its upcoming Initial Public Offering.
• Lupin Limited Dividend: Lupin Limited has an ex-dividend date of July 17, 2026, for a dividend payout of Rs 18 per share. Shareholders on record will be eligible for this benefit.