HCL Technologies is investing up to Rs 3,500 crore in AI data centres to build a full-stack AI ecosystem spanning infrastructure, compute and managed services. While the phased investment could create a new growth engine, investors will closely watch capital deployment, returns and demand visibility before assigning meaningful value to the venture.
Cupid shares have delivered substantial investor returns, reaching 8,700% over three years. The company manufactures condoms and IVD kits, operating a facility near Nashik. Strong revenue and profit growth are supported by exports and portfolio expansion.
The European Union has begun negotiations on legislation to create the legal framework for a digital euro, aiming to finalize the rules by the end of 2026. If approved, the ECB could launch a pilot with around 40 banks and payment firms in 2027, followed by a full rollout in 2029. The digital euro would be an electronic form of cash issued directly by the ECB, offering the public a central bank-backed digital payment option.
Middle East tensions are driving oil prices higher and impacting global energy supplies. This surge in oil prices is fueling inflation concerns and influencing monetary policy expectations. Investors now anticipate the Bank of England will maintain elevated interest rates for a longer duration. Higher bond yields signal increased borrowing costs for businesses and individuals. Market sentiment faces pressure, particularly for interest-rate sensitive sectors.
Nuvoco Vistas shares rose sharply on Monday after the company reported a 20% YoY rise in Q1 FY27 net profit to Rs 160 crore and its highest-ever first-quarter EBITDA. The cement maker also highlighted improving demand, expansion progress, and expects post-monsoon recovery backed by infrastructure spending and capacity additions.
Brent crude futures gained $1.68, or 2%, to $84.98 a barrel, while U.S. West Texas Intermediate (WTI) crude rose $1.65, or 2.1%, to $79.79 a barrel. On Monday, Brent had surged 9.6%, marking its biggest single-day jump since May 2020. Crude prices are now at their highest levels since the United States and Iran signed a memorandum of understanding to end the war on June 17.
The three-day public offering of Millworks Technologies Limited will remain open from July 14 to July 16, 2026, as the company looks to raise Rs 160.33 crore through a book-built issue.
Indian markets closed nearly unchanged after a volatile trading session on Monday. Tata Elxsi and L&T Tech shares are in focus as they announce first quarter results. HCL Tech reported a twenty percent year-on-year net profit growth and declared an interim dividend. ICICI Prudential AMC also saw a twenty-three percent net profit increase in its first quarter. SpiceJet faces aircraft deregistration requests, while Biocon plans a significant share sale.
Brokerages have recommended subscribing to SBI Funds Management’s Rs 9,813 crore initial public offering (IPO), citing its market leadership, strong earnings growth, healthy return ratios and reasonable valuation relative to listed peers.
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