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- US stock market today: Wall Street futures gain as easing Iran tensions trigger sharp fall in oil prices
US stock futures rose on 3 August after Trump cancelled military strikes on Iran, easing tensions and lowering crude oil prices. Dow futures increased 413 points, while S&P 500 and Nasdaq-100 futures also gained. Investors remain cautious amid concerns about inflation and interest rates.
- Top Gainers & Losers on 3 August: Urban Company, Pine Labs, Redington, Paytm, TCS, Meesho among top gainers
Indian equities surged nearly 1% on Monday, led by a decline in crude oil prices and strong IT sector buying. The Nifty 50 rose to 24,573 and the Sensex to 78,677, extending gains to a fourth session. Nifty IT and Private Bank were top gainers.
- Sensex jumps over 500 points, Nifty 50 ends above 24,750; investors earn ₹4 lakh crore in a day
The Sensex ended the day 544 points, or 0.70%, higher at 78,639, while the Nifty 50 ended 391 points, or 1.60%, higher at 24,774.30.
- ITC looks past its worst quarter. Can the recovery last?
The cigarette tax shock weighed heavily on June-quarter earnings, but resilient volumes, staggered price hikes and improving profitability are raising hopes the worst is over.
- Urban Company shares jump 18% to 12-week high after Q1 earnings
Urban Company's shares rose 18% to ₹152 as strong June-quarter earnings exceeded expectations. Despite a net loss of ₹92.1 crore due to investments in InstaHelp, the company saw significant growth, with NTV and revenue increasing 42% and 44% YoY, respectively.