Belrise Industries said it has launched a ₹1,200 crore qualified institutional placement (QIP), lifting its share price. A QIP is a fund-raising route in which a listed company issues new shares to existing shareholders or qualified institutional investors. Such issuances are typically used for debt repayment, capital expenditure or general corporate purposes. The launch came without any new business guidance or earnings revision and was presented as a standard issuer-led equity financing move.

Comex gold and silver prices rebounded. The move followed U.S. inflation data that came in below expectations, easing market concerns about further Federal Reserve rate hikes. The article focuses on intraday moves in precious metals and the macro drivers behind them, and does not cover individual stocks, crypto assets, or policy details.

India’s Nifty 50 has posted a cumulative decline of more than 1% over the past two years and is facing five major sources of pressure. Key headwinds include renewed US-Iran tensions that are lifting oil prices, US 10-year Treasury yields near 4.60%, and the risk of tighter policy if inflation re-accelerates. The outlook is also weighed down by a downgraded FY27 growth forecast of 6.6% and fading momentum in the AI-driven trade.

Avenue Supermarts (DMart) shares fell more than 4% in a single session after its Q1 results came in below market expectations. The drop heightened investor concerns about the sustainability of retail growth. It also triggered selling pressure from a trading perspective.

Former US President Donald Trump said the “truce” with Iran was “over,” escalating geopolitical tensions. India’s Nifty-50 and BSE Sensex each fell more than 2% in a single session, underperforming most major global benchmarks, with only South Korea’s Kospi posting a larger decline. The article argues Indian equities tend to react more sharply to external geopolitical shocks, forming a recurring pattern.

India’s gold ETFs recorded net inflows of ₹3,443.23 crore in June, reversing a net outflow of ₹725.04 crore in May. The May pullback followed a sharp jump in domestic gold prices after the government raised customs duty on gold imports from 6% to 15% in mid-May, prompting profit-taking. As prices cooled in June, investors returned quickly. Net inflows for the first half of CY2026 totalled around ₹37,319 crore, far above ₹8,021 crore a year earlier, according to Morningstar Investment Research India.

India’s daily natural gas consumption in the first two months of Q1FY27 fell more than 10% year on year to about 170 mmscmd, as LNG imports dropped following a shutdown at a Qatar LNG plant and domestic output remained weak. Nomura Global Markets Research expects GAIL’s Ebitda to decline 25% year on year in Q1FY27. City gas distributors such as IGL and MGL may post higher volumes, but elevated procurement costs and rupee depreciation are weighing on margins. PLNG is investing ₹3,600 crore to build three new LNG storage tanks to reduce exposure to future supply disruptions.

India raised the total effective import duty on gold and silver to 15% from 6% on 13 May, following Prime Minister Narendra Modi’s 10 May call for people to defer gold purchases for a year to conserve foreign exchange reserves. Demand was further weighed by adhik maas, a traditional lull from 17 May to 15 June. Over the same period, international gold prices fell more than 30% from the January peak of $5,600 to below $4,000. Several jewellers said old-gold exchanges made up 43–46% of Q1 sales, while Crisil forecast FY27 retail jewellery volumes would decline 13–15%.

Kalyan Jewellers (SUS) shares hit the 10% upper circuit for the second consecutive trading session after the company issued a strong Q1 business update. The update did not include specific financial figures. Still, the market read it as well-above-expectations revenue, profit and same-store sales, boosting investor confidence in the resilience of its gold jewellery retail business and its peak-season performance.