Stock Market LIVE Updates: GIFT Nifty indicates a flat start; US markets fall, Asia mixed

Dhampur Sugar’s buyback is a timely value unlocking opportunity, and we view it as a tactical move for investors to benefit from near-term capital return while staying positioned for the broader sugar sector upcycle. With global supply tightening from major producers like Brazil and Thailand, and strong domestic demand driven by ethanol blending targets, the outlook for Indian sugar companies remains constructive.

Post buyback, we see merit in reallocating capital to well-managed names such as Balrampur Chini, EID Parry, and DCM Shriram, which are well-placed to capture value across both food and fuel use cases. The sector is entering a structurally favorable phase, and selective exposure can deliver strong medium-term returns.

RailTel Corporation of India has received the work order from South Eastern Coalfields Limited for amounting to Rs 11,94,89,669 (Including Tax).

The Sensex was down 190.61 points or 0.23 percent at 82,324.53, and the Nifty was down 52.80 points or 0.21 percent at 25,088.60. About 1545 shares advanced, 1541 shares declined, and 143 shares unchanged.

Central Depository Services

Indian Energy Exchange

Aditya Birla Fashion and Retail

Chambal Fertilisers and Chemicals

Hindustan Copper

Indian Renewable Energy Development Agency

RBL Bank

Titagarh Rail Systems

Ketan Shah has resigned from the role of Chief Sales and Revenue Officer – Assisted Business, as well as from the position of Whole-Time Director and Key Managerial Personnel of Angel One, including his roles on committees of the Board, due to personal reasons. His resignation will be effective from July 18.

The company has announced a capital expenditure plan of Rs 2,000 crore over the next 5–6 years, along with a mine capacity expansion from 4.35 MTPA to 12.20 MTPA by FY31.

It has also increased its exploration budget, leading to the addition of 123 million tonnes of copper ore reserves and resources in the past two years, and plans to continue adding more. The company is actively acquiring promising copper deposits in India and abroad by participating in upcoming mineral auctions.

In terms of the CY25 index targets, 55 percent of the respondents said they expect the Nifty50 to end between 25,000 and 27,000…Read More

The share price rose more than 11 percent to touch highest level in about five months.

Axana Estates LLP, Plutus Wealth Management LLP, and Junomoneta Finsol have announced an open offer for the acquisition of up to 2.4 crore equity shares (26% stake) of Nazara Technologies at an offer price of Rs 990 per equity share.