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Morning news

21/07/2026

*Financial News* 
Source: Leading Newspapers
*Compiled by Rudra Shares* 
Vande Mataram
*Tuesday, 21 July 2026* 

 


*Industry*
• Sterling Holiday Resorts plans 20 openings over next year: MD & CEO
• Expect commercial vehicle industry to grow in single digit this fiscal: Ashok Leyland
• Tata Steel to invest Rs 10,000 crore in Jharkhand projects by 2028, creating 2,000 jobs
• RIL sees better global refining margins despite oilfield attacks
• Godrej Agro to expand oil palm area to 1.4 lakh hectares, bets on rising demand
• Bupa open to raising stake in Niva Bupa, says deputy CEO Ankur Kharbanda

 

*Cement & Construction*
• Cement manufacturer Nuvoco Vistas Corp lays bricks for ₹13K cr FY27 revenue
• L&T secures over ₹10,000 crore orders from metals and mining companies

 

*Power & Energy*
• Tata Power wins LoA from SECI to supply 324 MW from Maharashtra project
• LNG consumption declines 6.5% on costly import, lower output

 

*Retail, Consumer & FMCG*
• Tata's fashion brand Westside plans biggest push yet with 100 annual stores
• Coca-Cola unveils new global look, rolls out across 200+ markets
• Speciality tea market triples to ₹1,000 crore in 5 years, driven by Gen Z, millennials
• Protein inflation surges as costlier fodder pushes up milk, chicken prices

 

*Banking & Financial Services*
• India's private banks draw thinner margins on tepid credit growth
• HDFC Bank CEO reappointment delayed by board review: Report
• SBI Funds Management: Listing in a few hours
• Fund managers increase exposure to private banks as outlook improves; PSU banks remain under-owned

 

*Policy & Economy*
• Parliament Watch: E-filing portal scales up as ITR rush peaks, LTCG mop-up jumps 79% to ₹1.29 lakh cr in AY26 & more
• Seven poll-bound states including UP, Gujarat, Punjab on road to get 25% of NHs

 

*Politics & Governance*
• Opposition Congress in Manipur criticises ruling BJP govt for not being able to expand the council of ministers
• Indus Waters Treaty needs complete renegotiation, says government; blames Pakistan for stonewalling talks
• CJP march to Parliament sparks clashes with police; Nadda meets protest leaders in govt's first outreach
• NC protests in Delhi, demands Centre honour promise on J&K statehood restoration
• Calcutta HC rejects Abhishek Banerjee's plea to travel abroad for eye treatment
• SC cautions against politicising Ayodhya Ram Mandir funds embezzlement case, promises 'proper investigation

 

*Global Markets & Trade*
• US imposes new 50% tariffs on a wide range of Canadian products

 

*Primary Market (IPO)*
• Caliber Mining IPO subscribed over 23x on second day of bidding, GMP at 27%
• Millworks Technologies SME IPO to list today; GMP signals strong listing gains
• Sotefin Bharat IPO fully subscribed at 3.78 times on final day, grey market premium drops
• Gulf Lloyds India IPO sees 4.6 times subscription on day 1
• Cold rolling mills manufacturer Yogiji Digi files IPO papers for Rs 270 crore fresh capital

 

*Markets*
• DIIs buy shares worth Rs 1,312 crore; FIIs sell Rs 1,121 crore on July 20
• Consumer services, metals, healthcare top FII picks in first half of July
• India's outward FDI drops 48% to $3 billion in June
• Govt says no proposal currently to scrap LTCG tax on equities

 

*Commodities*
• Silver stood at 2,19,513 spot.
• Gold stood at 1,41,802 spot.
• Oil prices dip as mediation efforts offset US-Iran strikes


*Jai Hind* 
*Rudra Hai to Mudra Hai* 

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