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The Indian Super League invited bids for media rights on 8 August to help clubs facing financial troubles. This move follows Jamshedpur FC leaving the league on 31 July. The club said, "the business model of JFC's participation in ISL is structurally financially unviable for the foreseeable future."
PG Electroplast shares will be in focus on Friday, August 7, after the company reported its June quarter results. While the topline crossed ₹2,000 crore, higher commodity costs pressured margins. The firm said that the products business will drive growth for the company going forward, as they develop new offerings.
The Reserve Bank of India named Tata Sons an upper-layer NBFC, making its stock market listing mandatory. The company submitted an application to surrender its registration in March 2024. While Tata Trusts wants to keep the firm private, the regulator is currently reviewing the request for deregistration as a company.
The BSE Sensex ended at 78,954.76 on Thursday, mirroring Nifty’s recent swings during its weekly expiry. Traders said these unusual moves are the new normal until liquidity improves. Samir Doshi noted, "Sensex options witnessed an unusual spike in implied volatility to 41-42% during the day," making trading difficult for option writers.
Tata Technologies is among two stock recommendations for Friday trading. The company share price got to 801.55, showing a 6.31 percent upside. Many investors use such data to track market trends. While some stocks fell, others showed growth as traders started to plan their moves for the coming session.
Shipping Corporation of India reported a net profit of ₹619 crore for the quarter ended June 30. This 75% jump came as revenue rose 40% to ₹1,847 crore. The company said the results reflected "operational excellence and financial discipline." Better freight rates and improved fleet use helped boost their overall earnings.
Siemens Energy India reported a 67.8% jump in net profit to ₹441 crore for the June quarter. Revenue climbed 39.3% to ₹2,486 crore, beating market estimates. Managing Director Guilherme Mendonca said, "Our strong Q3 FY2026 performance underscores the resilience of our business model and the disciplined execution of our strategy."
Sonata Software reported a net profit of ₹108.1 crore for the quarter ended June 30, 2026, down 1% from last year. While revenue grew 10.6% to ₹3,279.1 crore, rising costs squeezed margins. The company also declared an interim dividend of ₹1.25 per share for shareholders to use as they see fit.
Shiprocket Limited will launch its initial public offering on Wednesday, August 12, 2026, with a price band of ₹92 to ₹97. The ₹1,617-crore issue closes on August 14. The company plans to use the money for growth and debt repayment. Retail investors can bid for a minimum of 154 equity shares.
Datadog shares fell 16% as investors punished the company for its slower growth outlook. Although the firm reported strong second-quarter results, many investors worried about weaker usage from a major AI customer. The company now expects third-quarter revenue to reach $1.145 billion, which failed to satisfy high market expectations.
Indian markets found support from easing crude oil prices and the RBI's stable policy outlook. Analysts said Nifty holding above 24,600 keeps bullish momentum intact. While profit booking hit sectors like auto and IT, stock-specific buying in small caps kept the broader market resilient as investors watched global cues on Friday.
Indian companies raised a record ₹2.3 lakh crore through IPOs, FPOs and rights issues in FY26. Strong retail participation helped India remain the world's busiest IPO market despite global uncertainty. SEBI Chairman Tuhin Kanta Pandey said the primary equity market continued to show strong momentum despite geopolitical conflicts and trade tensions.