BSE-listed non-banking financial company Purple Finance Limited plans to accelerate its growth through inorganic route.

The company has tied up fund-raising commitments of Rs 108 crore in equity, strengthening its financial position and making it ready for the next level of robust AUM growth.

"Our growth strategy is not limited to opening new branches. We are equally focused on evaluating strategic opportunities that can help us expand into new geographies, strengthen our portfolio, and add capabilities," said Amitabh Chaturvedi, Chairman, Purple Finance Limited.

Ashiana Housing Ltd., listed on the NSE and BSE, has announced the successful conversion of 224 units into bookings at Ashiana Oma, its premium residential development at Mansarovar Extension, Jaisinghpura on Jaipur's Ajmer Road corridor. The project witnessed a strong response with 437 Expressions of Interest (EOIs), with the booking conversion process held on 18 and 19 July 2026 resulting in 224 confirmed bookings, comprising approximately 4.80 lakh sq. ft. of saleable area with a sales value of Rs 372.45 crore, while the booking conversion process remains ongoing.

The strong response reflects robust demand from homebuyers seeking spacious, thoughtfully designed homes within low-density communities that prioritise open green spaces, premium specifications, and superior connectivity. The project comprises 280 premium 3 BHK and 4 BHK residences, designed with expansive decks and connected balconies to maximise natural light, ventilation, and outdoor living.

In its own launch notes, Moonshot AI has admitted Kimi K3 still trails OpenAI's newest model and Anthropic's Claude Fable 5 on overall performance. Read full report here

BioEnergy Global 2026 is coming to New Delhi, and it is shaping up to be the most significant gathering the Indian bioenergy sector has seen in recent years. The 3 day exhibition and conference is organized by Meera Trade Fair Media Pvt. Ltd., with A2B Global as the marketing and event partner. It will take place from July 29 to 31, 2026 at IICC, Yashobhoomi. Decision makers, experts, technology providers, research institutions, investors, and business organizations will gather under one roof to discuss how the future of sustainable energy in India can look like.

This conference is expected to host more than 100+ exhibitors, 10,000+ visitors, 500 delegates for the conference, 50+ speakers, and over 50 conference sessions, which will present great opportunities for the participants in terms of networking, business development, and information exchange. 

India's regional air travel industry is undergoing a remarkable transformation, emerging as a vital connector for the nation's small towns and cities with its major economic hubs. Once considered a luxury, regional air travel has become a symbol of new opportunity, accessibility, and aspiration across the country. The rapid growth of regional airlines is not only bringing comfort and convenience to millions of travellers but is also acting as a catalyst for economic and social development in India's heartland. Amid this dynamic shift, a survey by India's largest regional airline and the aviation arm of the Sanjay Ghodawat Group, Star Air, revealed that ticket affordability is the leading factor for 60% of regional airline flyers in their decision to fly.

The survey, "What Indian Travellers Want Most from Regional Airlines," conducted amongst over 20,000 regional air passengers across major metros and regional hubs, including Mumbai, Pune, Kolhapur, Delhi, NCR, and other key cities, offers one of the most comprehensive glimpses yet into the evolving expectations and experiences of Indian flyers.

India adds roughly 19-22 lakh net payroll subscribers every month, with nearly 60 per cent of new members belonging to the 18-25 age group. Read full report here

Vartis Platforms, a financial infrastructure company operating across retail credit participation, digital lending, and lending technology, today announced its audited consolidated financial results for the year ended March 31, 2026. The company operates three platforms under the names of LenDenClub, InstaMoney and Vartis One.

The Group reported a Profit After Tax (PAT) of Rs 96.22 crore in FY26, registering a growth of over 180% from Rs 34 crore in FY25.

The United States, the United Kingdom, Canada and Australia still take the bulk of India's outbound students. But the old pecking order is loosening. With rising costs and tighter visa rules, Indian student interest is spilling toward emerging education destinations like Ireland, France, the Netherlands and Germany. 

In the last 5 years, the number of Indian students in Germany has more than doubled from 28,905 in 2020 to 59,419 in the 2024-25 academic year. India has now passed China to become the country's single largest group of international students, with Turkey a distant third. 

Capital Infra Trust (erstwhile National Infrastructure Trust; NSE Symbol: CAPINVIT, BSE Scrip Code: 544338) a leading infrastructure investment trust (InvIT), today announced its financial results for the first quarter ended June 30, 2026.

Adgcraft Communications, one of India's most trusted PR agencies, hosted the first edition of PRISM, its flagship startup mentorship and knowledge-sharing platform, on July 18, 2026, at the Constitution Club of India, bringing together journalists, marketing leaders and startup founders for three panel discussions on storytelling, pitching and brand building. 

The event was graced by Prof. (Dr.) K G Suresh, Director, India Habitat Centre, as Chief Guest, who congratulated Adgcraft Communications on completing five years since its founding and said, "It's heartening to see an agency mark five years with a platform like PRISM, bringing media, marketing and startup voices together on one stage. Five years in this industry is no small achievement, and this kind of open dialogue, where senior journalists, marketers, and young founders can speak candidly to each other, is exactly what our evolving communication landscape needs. I'd like to congratulate the entire Adgcraft team, and I hope PRISM continues to grow year after year."

Akshat Siddhant, Lead quant analyst, Mudrex

Gold climbed above $4,100 an ounce, and silver approached $59 as markets assessed mixed signals from the US-Iran conflict. Expectations that diplomatic talks could resume supported precious metals by easing concerns over energy-driven inflation. However, President Trump's comments downplaying the likelihood of near-term negotiations and warning of further military action kept geopolitical risks elevated, driving crude oil close to $85 a barrel, its highest level in six weeks. Notably, oil surged despite an unexpected increase in US crude inventories last week. Gold must hold above $4,100 to maintain its upward momentum, while $85 remains the key level to watch for oil.

Busy Infotech Private Limited, the developer of BUSY accounting software and a subsidiary of IndiaMART, today announced the launch of BUSY Magic, a next-generation business management and accounting solution designed to make accounting, billing, inventory, GST and business reporting simpler for India's MSMEs. Built on BUSY's experience of serving more than 6 lakh businesses across India, BUSY Magic brings together a new-generation interface, faster onboarding, AI-led automation and simplified workflows for first-time software users as well as growing businesses.

 BUSY Magic is designed to reduce day-to-day operational complexity by giving business owners a single dashboard to track key metrics such as sales, purchases, cash and bank position, receivables, payables, stock ageing, low-stock items, pending orders, challans, e-way bills and e-invoices. The platform has been developed for small and medium businesses across industries, including retailers, distributors, wholesalers, manufacturers, traders and service-led enterprises. It is especially relevant for businesses looking to move away from manual records, spreadsheets and disconnected systems toward a more structured and connected digital environment.

The Thesis

Iran-driven crude at $90 is being absorbed with surprising composure - VIX sliding to 12.9 and FIIs turning net buyers signal selective risk appetite, not broad retreat. InvestorAi's sharpest signals land in metals and materials: commodity producers harvesting the war risk premium while India's infrastructure capex sustains independent offtake.

Where We're Concentrated

The basket clusters in base metals and industrial materials - aluminium, diversified metals, and integrated steel - that benefit doubly from elevated Brent supporting global commodity pricing and domestic capex sustaining volume demand. The thesis breaks if Iran escalates to a Hormuz blockade (Brent above $95) or a ceasefire deflates the premium abruptly. A single NBFC position adds rate-cycle exposure orthogonal to crude.

Conviction Picks

Highest Conviction

Grasim Industries

Commodity risk premium at $90 Brent lifts chemicals and materials margins; cement volumes stay insulated from import costs.

Hindalco Industries

Aluminium pricing anchored to elevated Brent; power grid buildout sustains domestic offtake independently of global supply shifts.

Vedanta

Diversified zinc, copper, and iron ore exposure captures the commodity premium embedded in Iran-driven supply disruptions.

Shriram Finance

Rate-cut cycle deepening rural credit growth; crude-insulated NBFC income adds defensive ballast to the commodity-heavy basket.

JSW Steel

India infra demand anchors steel volumes while the Iran war premium sustains global HRC pricing - a double tailwind for margins.

One Thing to Watch

Brent crossing $95/bbl. At that level the metals thesis inverts - import costs outrun export pricing power, FIIs reverse, and the rupee faces fresh pressure past 97. Watch Hormuz shipping data and US-Iran diplomatic signals for escalation cues.

India has set an ambitious target to raise its share of global merchandise exports from about 1.8 per cent in 2024 to nearly 10 per cent by 2047. Read full report here

Avinash Shekhar, Co-Founder & CEO, Pi42

"Bitcoin extended its gains as optimism around U.S. crypto legislation and continued institutional demand kept sentiment constructive across the digital asset market. Ethereum, XRP, and Dogecoin also traded higher, while Bitcoin ETFs recorded a fifth consecutive day of net inflows, highlighting sustained investor interest after months of uneven flows.

One of the most encouraging aspects of the current rally is that it is being supported by multiple factors rather than a single catalyst. Improving regulatory clarity, steady ETF inflows, and strengthening technical momentum are together creating a more favourable backdrop for digital assets. This broad-based support is often more sustainable than rallies driven purely by short-term sentiment.

From a market perspective, Bitcoin is once again approaching an important technical zone, while Ethereum and XRP are also showing signs of potential breakout moves. If these levels are cleared with sustained buying interest, it could strengthen confidence across the wider crypto market and encourage broader participation.

For investors, the focus should now shift from whether the market can rally to whether it can sustain momentum. Strong trends are built on consistent participation, and the combination of institutional inflows, improving policy outlook, and healthy price action suggests that the current recovery is being supported by stronger underlying fundamentals than earlier rebounds." 

Indian refiners have increased purchases not just from Russia but also from Latin America. Meanwhile, Middle East imports to India fell sharply. Read full report here

A common issue arises when taxpayers log into the IT portal only in the final week of July. This is often when mismatches in financial data surface. Read full report here

Mastek, a trusted AI Engineering and Transformation company, announced today its financial results for the First Quarter of FY27 ended on 30th June 2026.

Commenting on the Q1FY27 results, Umang Nahata, Chief Executive Officer, Mastek, said: "We are leading Mastek into an AI transformational company in select verticals. Our 'Lead with AI' strategy is delivering directional change with 45% of new order book coming from AI deals. NA won an AI-led salesforce $25mn deal.

Rajesh Palviya, Head of Research, Axis Direct

The Nifty 50 extended its losing streak for a second consecutive session on Tuesday, declining 50.80 points to close at 24,187.70, as post-earnings weakness in HDFC Bank, selling pressure in Reliance Industries, and continued profit booking in IT stocks weighed on the benchmark. Despite the headline decline, broader market sentiment remained resilient, with mid- and small-cap indices outperforming, indicating selective buying beyond the index heavyweights.

Global cues have turned supportive.

Wall Street rebounded strongly overnight, with the Nasdaq gaining 1.29%, the S&P 500 advancing 0.9%, and the Dow Jones adding 385 points, supported by renewed strength in semiconductor stocks and better-than-expected earnings from major corporates. Asian markets have followed suit, led by a sharp rally in South Korea's Kospi and gains in Japan's Nikkei, reflecting improving risk appetite across regional equities.

The key headwind for Indian markets, however, remains elevated crude oil prices. Brent crude has surged near $91 per barrel amid escalating geopolitical tensions around the Strait of Hormuz and the Red Sea, raising concerns over inflation and India's import bill. While positive global equity sentiment may lend support at the open, higher energy prices could limit any meaningful upside.

Technically, the market continues to trade with a cautious undertone below the 24,300 mark. A sustained move above this level could revive momentum towards 24,500-24,550, while immediate support is placed at 24,100. A decisive breach below this level may trigger further weakness towards 23,950. Any moderation in crude oil prices would significantly improve market sentiment and provide the trigger for a stronger recovery.

Akshat Siddhant, Lead quant analyst, Mudrex

Bitcoin climbed to a seven-week high near $67,000 before easing to around $66,300, supported by strong institutional demand. Spot Bitcoin ETFs recorded their fifth consecutive day of net inflows, attracting $727 million, the longest inflow streak since May. Market sentiment has also improved on optimism surrounding the progress of the CLARITY Act, which could bring greater regulatory clarity to the US crypto industry. Ethereum is also showing similar strength, trading at a seven-week high. However, the reports around Trump reintroducing tariffs on Canada have kept investors cautious. Bitcoin needs to clear $67,250 to sustain the rally, while $65,200 acts as the support. 

Riya Sehgal, Research Analyst, Delta Exchange

Crypto markets are regaining momentum as improving risk appetite, institutional demand and short covering support Bitcoin above $66,000. The next decisive zone lies between $66,800 and $67,500; a sustained breakout could extend the rally toward $68,500-$70,000. On the downside, $65,000 is the first important support, followed by $64,000. Ethereum's structure appears stronger, supported by higher highs, higher lows and bullish moving-average alignment. However, resistance near $1,950-$1,965 remains critical. A clean break could open the path toward $2,000-$2,040, while rejection may trigger a pullback toward $1,900 or $1,870.

Gold is also displaying renewed strength despite a firm dollar and elevated bond yields. A move above $4,125-$4,130 could target $4,150-$4,175, while a fall below $4,075 would weaken near-term momentum.

US markets have rebounded sharply, led by technology and semiconductor shares, as investors position for major earnings and continued AI spending. However, the broader environment remains vulnerable. Oil above $90, elevated Treasury yields and persistent tariff-related inflation risks could restrict the Federal Reserve's ability to ease policy.

Gaurav Udani, Founder - ThinCredBlu Securities 

"Nifty is expected to open lower around 24,120, down nearly 70 points, indicating a cautious start amid mixed global cues.

The index continues to trade within a narrow range, with 24,000-24,050 acting as the immediate support zone. Holding above this range will be important to maintain the current market structure. On the upside, 24,300-24,400 remains the key resistance area, where fresh selling pressure could emerge.

Markets are also likely to remain influenced by ongoing quarterly earnings and global developments, keeping stock-specific volatility elevated.

Traders should avoid aggressive positions at the open and wait for confirmation around key technical levels. Until Nifty breaks out of the current range, a disciplined, level-based approach remains the preferred strategy."

Ashish Singhal, Co founder and CEO, CoinSwitch

BTC climbed toward $67K, reaching its highest level in nearly seven weeks as crypto and US equities stayed resilient despite escalating US-Iran tensions, oil near $85, and proposed US tariffs. The later pullback towards $66K appears to be profit-taking after the brief rally. BTC could retest $70K if momentum holds, but caution remains. BTC still needs to reclaim its 21-week moving average to confirm a stronger shift in the broader market direction.

Nischal Shetty, founder, WazirX

"Crypto markets advanced, with Bitcoin gaining 1.83% to around $66,264 and Ethereum rising 1.01% to $1,931. Bitcoin moved higher as reported progress on the US CLARITY Act's ethics package improved regulatory sentiment, while renewed spot ETF inflows supported demand. Ethereum extended its move above $1,900 as record staking participation strengthened its market outlook.

XRP climbed about 4% to $1.13, supported by Ripple's full MiCA authorization across the European Economic Area and wider access through the 21Shares XRP investment product. Russia's State Duma also passed a bill allowing regulated retail crypto trading through registered intermediaries. The measure still requires approval from the Federation Council and the Russian president before becoming law.

Bitcoin's daily moving averages place immediate technical support around $ 64,000-$ 64,600, while Futures traders are watching whether BTC can sustain its move toward $67,000. For Ethereum Futures traders, $1,800-$1,850 remains the key support zone, while $2,100 is the next major resistance."

Market analysis by Vikram Subburaj, CEO, Giottus.com

Bitcoin traded near $66,300 on Wednesday, gaining about 1.7% over the past 24 hours.The recovery was supported by improving institutional demand and firmer global equity markets, extending the rebound from June's lows. Immediate support lies around $65,400-$65,500, followed by the stronger $64,500-$65,000 region. Resistance is visible near $66,900-$67,000, with the short-term-holder breakeven area around $68,000 presenting a more significant hurdle before $70,000.

On-chain conditions are becoming more balanced, although the rally is not yet being driven by strong spot demand. The spot volumes remain subdued, while futures and options open interest has expanded. Perpetual-market buying has improved, and demand for downside protection has eased. However, the growing share of short-term, price-sensitive capital leaves Bitcoin vulnerable to sharper volatility.

US spot Bitcoin ETF flows have strengthened materially. After a $424.7 million outflow on July 13, funds attracted $181.1 million on July 14, $107.7 million on July 15, $79.1 million on July 16, $132.3 million on July 17 and $226.8 million on July 20. These five completed sessions produced combined inflows of $727 million. July 21 showed a preliminary $39.3 million inflow, although BlackRock's figure was unavailable.

Large-cap altcoins also advanced. Ethereum rose 1.2% to $1,933, BNB was nearly unchanged at $573, XRP gained 2.7% to $1.14, Solana added 0.8% to $78.36, and TRON rose 0.9% to $0.329. XRP led the group, though Bitcoin dominance near 59% shows that the market has not entered a broad altcoin-led expansion.

The July 28-29 Federal Reserve meeting remains the principal macro catalyst. All 104 economists surveyed by Reuters expect rates to remain at 3.50%-3.75%, although markets see one increase by December as probable. Brent crude near $91.55 and the 10-year Treasury yield around 4.63% could keep the Fed cautious.

Our advice: Investors should avoid chasing Bitcoin near resistance. Staggered accumulation and disciplined position sizing remain preferable until the price clears $68,000 with sustained spot volume and ETF demand.

At the close on Tuesday, the total market cap of all BSE Sensex companies stood at Rs 4,84,29,839.