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WoodenStreet, backed by WestBridge Capital, aims to quadruple its revenue in three years by expanding its mattress and modular furniture businesses and tripling its store count. The company, which recently raised $43 million, is targeting profitability and a potential IPO amidst India s growing furniture market. CEO Lokendra Ranawat emphasizes building a sustainable, independent brand, dismissing acquisition possibilities.

Financial Benchmark India has shifted the publication time of the Mumbai Interbank Offer Rate (MIBOR) to 12:45 p.m. IST, effective August 4. This adjustment aligns with the computation of MIBOR using the first three hours of trading data, enhancing the benchmark s representativeness.

Waaree Renewable Technologies shares plunged 6.2% following a U.S. petition seeking tariffs on solar panel imports from India, Indonesia, and Laos. The petition alleges dumping and unfair subsidies, impacting Indian manufacturers. Despite this, Waaree reported a strong Q1 with a 205% jump in net profit to Rs 86.44 crore and a doubling of revenue. The U.S.

Newgen Software s share price has slumped over 16% in three sessions after weak Q1FY26 earnings. The company reported flat YoY growth in profit and revenue, with sequential declines across key geographies and segments. Margins also narrowed due to higher costs, triggering bearish investor sentiment.

Swarup Mohanty of Mirae Asset Investment Managers highlights India s structural growth story and its increasing negotiation power in global trade. He emphasizes the shift towards retail investors and the unique demographic of multiple generations investing together. Mohanty expresses confidence in India s ability to thrive independently, driven by domestic consumption and consistent data points, despite global uncertainties and tariff concerns.

Japan’s ruling coalition lost the upper house, deepening political uncertainty and raising questions about leadership, fiscal policy, and ongoing U.S. tariff talks.

Mastek s shares surged by 13.08% following a robust Q1FY26 financial report, showcasing a 28.7% increase in net profit. Trading above all key Simple Moving Averages, the company s strengths, including attractive valuation and consistent profit growth, outweigh its weaknesses. With low debt and zero promoter pledge, Mastek s financial stability boosts investor confidence.

GNG Electronics Ltd s IPO is set to open on July 23, with a strong grey market premium indicating potential gains. The IPO includes a fresh issue and an offer-for-sale, totaling ₹460.43 crore, with listing on BSE and NSE. Allotment is scheduled for July 28, 2025, and listing on July 30, 2025.

Gold prices saw an increase on Monday due to global trade tensions. US President Trump s tariff threats boosted gold s safe-haven status. MCX July gold futures traded at Rs 98,420, up by 0.4%. LKP Securities suggests buying gold on dips between Rs 97,700 and Rs 97,900. The target prices are Rs 98,700, Rs 99,500, and Rs 100,000.