IndiGo reported a 20% YoY fall in Q1FY26 profit to ₹2,176.3 crore, hit by flight restrictions and weak sentiment post an Air India crash. Despite revenue growth and 60% domestic market share, lower yields and fare cuts dented margins.

Securities and Exchange Board of India (Sebi) on Monday passed a confirmatory order against Gensol Engineering and its promoter-directors Anmol Singh Jaggi and Puneet Singh Jaggi upholding the April order that had prima facie found them indulging in fund diversion and falsifications of documents.

Hyundai Motor India s net profit fell by 8% to Rs 1,369.23 crore in the first quarter. Revenue also decreased by 5%. Export volumes increased by 13%, offsetting weak domestic growth. Rural sales contributed significantly. The company started engine production in Pune. They anticipate a recovery in domestic demand due to monsoon and festive season. Hyundai shares closed down by 0.

Reserve Bank of India will conduct an overnight variable rate reverse repo auction on July 31. This is to absorb Rs 50000 crore from the market. Earlier, on July 29, RBI mopped up Rs 46058 crore through a three-day VRRR. The overnight weighted average call rate settled at 5.38% on Wednesday.

US President Donald Trump’s abrupt 25% tariff on Indian imports has shaken markets, plunging the Gift Nifty and rupee, and raising fears of disrupted trade talks. Analysts warn of near-term volatility while urging India to strengthen internal competitiveness through reforms.

Hyundai Motor Q1 Results: Cons profit declines 8% YoY to Rs 1,369 cr, revenue slips 5.5%

Tata Steel Q1 Results: Tata Steel s Q1 consolidated net profit surged 116% year-on-year to ₹2,078 crore, surpassing Street estimates, though revenue dipped 3% to ₹53,178 crore. EBITDA improved both sequentially and year-on-year, bolstered by strategic initiatives.

Nine Nifty500 companies have reported consistent EPS growth for four straight quarters till June 2025, signaling strong profitability and financial health, as per StockEdge.com’s profitability scan.

Wall Street s key indexes saw a positive start on Wednesday, buoyed by encouraging GDP figures. Investors are keenly awaiting the Federal Reserve s upcoming policy announcement. Tech earnings are also a major point of focus. At the opening bell, the Dow Jones Industrial Average climbed 0.10%, while the S&P 500 and Nasdaq Composite rose by 0.16% and 0.