RBI likely steps in to defend rupee and drain excess cash, traders say

HDFC Bank shares flat, Bernstein maintains outperform rating with ₹1,150 target

At 10.40 am, HDFC Bank shares were trading at ₹708.90, compared with the previous close of ₹704.80

Two BLAs, others booked for alleged fraudulent deletion of 5,698 voters in Bengaluru

A case was registered against two Booth Level Agents accused of fraudulent voter deletion in Jayanagar. The complaint was filed by Karnataka Mahila Congress president Sowmya Reddy, who alleged bias against minority voters. Reddy, a former MLA, conducted an inquiry revealing false applications submitted by Ramakrishna and Yogesh. Names of innocent citizens were allegedly used without their knowledge, contributing to the fraudulent activities.

Global Market: Hong Kong stocks rise as pharma, tech shares lead gains

Hong Kong stocks gained on Tuesday, led by pharmaceutical and technology shares, with the Hang Seng rising 0.78% and Hang Seng Tech Index advancing 0.87%. Biotech firms WuXi Biologics and Sino Biopharmaceutical rallied over 4%. Property stocks remained weak amid residential market concerns, debt pressures and refinancing risks among developers.

Transrail Lighting eyes ₹600-crore QIP as it targets 20–22% revenue growth in FY27

Power transmission-focused EPC company needs 25–28% growth over the remaining six months and targets ₹10,000–11,000 crore of fresh orders

Stock-specific opportunities likely to rise as Indian equities face global headwinds: Axis Direct

The brokerage says that the market has entered a more selective phase, with strong domestic activity providing support while global conditions remain challenging

Can SpaceX’s latest rally take Musk’s fortune even higher?

SpaceX shares surged 8% to a June-high close after Morgan Stanley reiterated its bullish outlook, citing AI, chipmaking and Starship opportunities. Elon Musk confirmed ongoing TSMC talks for potential chip production, while Starship Flight 15 could provide another catalyst. The rally also pushed Musk’s estimated wealth above $1 trillion.

Live | INDIA Bloc holds mega march to EC office against alleged vote theft | PM Modi | Gyanesh Kumar

Sugar stocks Balrampur Chini, Dhampur Sugar, others rally up to 8%. What’s behind the uptick?

Sugar stocks, including Balrampur Chini, Dhampur Sugar and EID Parry, rallied sharply on Tuesday as raw sugar futures remained near two-year highs. Rising supply concerns in Brazil, Europe and Thailand, along with stronger festive-season demand, have lifted expectations of tighter global sugar supplies and supported the recent rally.

Trent surges 10% as Q2 revenue beat lifts D-Street mood

The rally follows Trent’s announcement on standalone revenue from operations of ₹5,788 crore for Q2FY27, a 23% y-o-y increase and the second consecutive quarter of 20%-plus growth

Harmanpreet Kaur steps down as India women's cricket team captain after World Cup, Asian Games glory

Harmanpreet Kaur has announced her decision to resign as captain of the India women's cricket team. This decision ends her significant tenure leading the team in various major tournaments. She expressed the emotional weight of stepping down, as it involves numerous memories and sacrifices. Her leadership has been pivotal for the team throughout her time in charge. The team will now look for a new captain to guide them forward.

From Rs 0 to GIFT: How TPFM is lowering the entry barrier for fund managers

Third-Party Fund Management Services under IFSCA regulations are transforming market entry into GIFT IFSC. By allowing emerging managers to utilize existing Fund Management Entities, TPFM lowers fixed infrastructure costs, shifting focus from building platforms upfront to raising fund capital and accessing established regulatory framework capabilities efficiently.

UP Elections: Samajwadi Party's focus is on 403 UP Assembly seats, says Akhilesh Yadav

Samajwadi Party chief Akhilesh Yadav indicated his party's attention is on the upcoming Assembly elections instead of the Rajya Sabha polls. He mentioned that the focus is on securing all 403 Assembly seats in Uttar Pradesh. The party has already nominated two candidates for the Rajya Sabha elections, Ram Gopal Yadav and Dhanraj Parimal Nathwani. The BJP has named eight candidates for the same polls, including various representatives.