Indian equity markets witnessed a powerful relief rally on Monday, with benchmark indices posting strong gains after a sharp correction in global crude oil prices eased concerns over inflation and geopolitical risks.
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KFin Technologies Ltd. witnessed a sharp rally on Monday, with its shares jumping more than 11%, even as the company reported a sequential decline in quarterly profit for the April–June 2026 period (Q1 FY27).
Shares of CreditAccess Grameen Ltd surged as much as 7% in Monday's trading session, touching a 28-month high of ₹1,614.85, after the company delivered a strong operational and financial performance for the first quarter of FY2026-27.
India's external sector could witness a significant transformation during FY2026-27 as the Reserve Bank of India's (RBI) concessional swap facility is expected to attract between $80 billion and $85 billion in foreign currency inflows.
India's organised retail real estate market continues to witness robust demand despite a challenging global economic backdrop, with retailers aggressively expanding their physical footprint across major metropolitan cities.
Shares of Eternal (formerly Zomato) and Swiggy surged more than 5% during Monday's trading session, outperforming the broader market amid exceptionally high trading volumes.
Shares of India's leading oil marketing companies (OMCs) surged in Monday's trading session after international crude oil prices witnessed a sharp decline following signs of easing geopolitical tensions in West Asia.
In a significant development for millions of government employees and pensioners, the West Bengal Government has announced that it is targeting the implementation of the 7th State Pay Commission during the current financial year.