Swiggy reported a Q1FY26 loss of Rs 1,197 crore despite a 54% YoY revenue rise. The company is reassessing its 12% stake in Rapido over a conflict of interest. Key focus areas include food delivery margins, Instamart expansion, and affordability initiatives like the 99-Store to drive user growth.

Maruti Suzuki reported a 1.7% YoY rise in Q1FY26 profit to Rs 3,711.7 crore, driven by strong exports amid weak domestic demand. Hyundai India saw an 8% profit drop, offset by 37.4% export growth. Both automakers faced rising costs and a sluggish local market but benefited from robust overseas sales.

Gold prices fell Rs 603 per 10 gm on Thursday after the US Fed held rates steady, dampening hopes of a September cut. Despite the dip, domestic demand and global central bank buying may support prices. Silver also corrected but remains promising due to strong industrial demand.

Gold futures edged up slightly while silver tumbled over 1.6% amid profit-taking and a stronger dollar. Trade tensions, US GDP recovery, and stable interest rates pressured bullion prices in both domestic and global markets, triggering volatility and uncertainty.

Maruti Suzuki Q1 Results: Maruti Suzuki India announced its Q1FY26 results. The company s consolidated net profit increased slightly to Rs 3,792 crore. Revenue from operations also rose to Rs 38,605 crore. Sales volume saw a marginal increase. However, operating EBIT declined due to adverse commodity prices and other factors. The company also faced expenses related to its new Kharkhoda plant.

The Rs 69.81 crore book-built IPO of Kaytex Fabrics comprises a fresh issue of 31.99 lakh shares worth Rs 57.59 crore, along with an offer for sale (OFS) of 6.79 lakh shares totalling Rs 12.23 crore.

The Indian rupee suffered its worst monthly drop in nearly three years on Thursday, weighed down by U.S. tariff concerns and persistent portfolio outflows, with traders and analysts seeing little relief for the currency in the near term.

Futures tied to the S&P 500 and Nasdaq surged to record highs on Thursday after strong earnings from tech giants Meta and Microsoft reinforced investor confidence that artificial intelligence investments are paying off.

FMCG major Dabur India on Thursday reported a 3% year-on-year (YoY) increase in its Q1 consolidated net profit to Rs 514 crore compared to Rs 500 crore in the year-ago period. The profit after tax (PAT) is attributable to the owners of the holding company.

Indian banking stocks rebounded sharply on Thursday, led by ICICI and Kotak Bank, as markets discounted US tariff concerns. Nifty Bank index swung from a 600-point drop to end in positive territory amid hopes of trade negotiations with the US.