**Important: We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
Indian benchmark indices traded positive throughout the session and ultimately closed green.
Indian equity benchmarks indices, Sensex and Nifty50 extended their rally as PSU bank and realty shares supported. A sharp rise in global equities due to a rebound in chip stocks also supported the domestic indices.
At the closing bell on Friday, the BSE Sensex closed points 828 higher (up 1%)
Meanwhile, the NSE Nifty closed 244 points higher (up 1%)
You can also visit our live blog section for real-time updates and deeper insights into the market.
Bharat Elec, Tech Mahindra, Tata Steel were the top gainers today.
Eternal, Bharti Airtel, Sun Pharma on the other hand, were among the top losers today.
The BSE 150 Midcap index is trading 1.4% higher and the BSE 250 SmallCap index is trading 1.2% higher.
Sectoral indices were trading positive on Friday with realty sector and IT sector witnessed buying.
For impact of the Bank Nifty companies and comprehensive overview of the index, check out Equitymaster's Bank Nifty Companies list.
Speaking of stock markets, Tanushree Banerjee, Research Analyst at Equitymaster, highlights that tollbooth monopoly stocks are facing rising regulatory risks that could weaken their strong moats.
She notes that changes like market coupling are challenging platforms such as IEX. The main risk is not earnings, but valuation de-rating due to reduced pricing power.
Watch the video below to know more.
Muthoot Microfin share price will be in focus today.
Muthoot Microfin reported a strong business update for the first quarter of FY27, driven by healthy loan growth and higher disbursements.
MRPL share price will be in focus today.
Shares of Mangalore Refinery and Petrochemicals Limited (MRPL) came into focus after its parent company ONGC approved a plan to develop a new strategic crude oil reserve facility in Mangaluru, Karnataka.
Shares of Anand Rathi Wealth came into focus after the company reported its Q1 business update.
The wealth management firm reported a consolidated profit after tax (PAT) of Rs 1.16 bn, up 24% year-on-year from Rs 0.94 bn in the corresponding quarter last year. The company has guided for a profit of Rs 4.60 bn for FY27.
Revenue from operations increased 18% year-on-year to Rs 3.36 bn, with the company achieving nearly 24% of its FY27 revenue guidance of Rs 14.15 bn in the first quarter.
Revenue from its mutual fund distribution business rose 16% year-on-year to Rs 1.32 bn. Net inflows stood at Rs 2.74 bn during the quarter, compared with Rs 3.82 bn in the year-ago period, reflecting cautious investor sentiment amid volatile market conditions.
The company also crossed a key milestone, with assets under management (AUM) surpassing Rs 1 tn for the first time to reach Rs 1.06 tn, representing a 21% year-on-year increase.
Meanwhile, the number of active private wealth client families grew 13% year-on-year to 13,941, while its relationship manager (RM) strength increased by 35 over the past year to 417, according to the company's filing.
JSW Steel's consolidated crude steel production rose 3% year-on-year to 6.59 million tonnes (MT) in the June 2026 quarter despite a prolonged shutdown of Blast Furnace-3 at its Vijayanagar plant for a capacity upgrade.
Excluding the shutdown, production increased nearly 15 per cent from a year earlier, driven by the full ramp-up of JVML operations and higher capacity utilisation at the Dolvi plant, the company said on Thursday.
Crude steel production from Indian operations rose 3 per cent to 6.35 MT, while capacity utilisation, excluding the shutdown, stood at around 94 per cent. Production at JSW Steel USA's Ohio operations was 0.24 MT, unchanged year-on-year but higher than the previous quarter's 0.15 MT. Consolidated production increased 2 per cent sequentially from 6.48 MT.
JSW Steel has a combined crude steel capacity of 37.9 MTPA and plans to expand it to 54.8 MTPA over the next four years. It is also expanding its Vijayanagar facility from 19.5 MTPA to about 25 MTPA by FY30.
Separately, the company recently began work on its Rs 163.50 bn integrated steel project in Andhra Pradesh, which will be developed in two phases to achieve a capacity of 2 MTPA.
Rajesh Power Services shares came into focus after the company secured a Rs 6.53 bn turnkey contract from Paschim Gujarat Vij Company (PGVCL).
The order involves converting existing 11kV HT and LT overhead power lines into an underground cable network. The scope of work also includes the installation of a ring main system, GIS mapping and asset tagging across the Bhavnagar, Anjar, Junagadh and Porbandar circles in Gujarat.
The project is scheduled for completion within 18 months.
Rajesh Power Services provides consultancy and engineering solutions to state transmission and distribution utilities, private power companies and industrial clients.
To know what's moving the Indian stock markets today, check out the most recent share market updates here
Read the latest Market Commentary
Image source: smagilov/www.istockphoto.com
Equitymaster requests your view! Post a comment on "Anand Rathi Wealth Q1 Business Update | JSW Steel Reports Higher Quarterly Production | Top Buzzing Stocks Today". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!