Daily News Wrap – BILKULBAZAAR
- Daily Wrap | Bilkul Bazaar | 10 July 2026
- 9:00 PM | 09 July – 10 July 2026
Top Business National News Updates
- ONGC Plans Major Expansion of India’s Strategic Oil Reserve
ONGC announced plans to build a 1.75 million metric tonne strategic crude oil reserve, strengthening India’s energy security amid global geopolitical uncertainties. - India Emerges as Production Hub for Iron Dome Interceptors
Israeli defence major Rafael is set to manufacture Iron Dome missile interceptors in India under the ‘Make in India’ initiative, boosting domestic defence manufacturing and exports. - Sensex Ends Higher on Broad-Based Buying
Indian equity markets witnessed strong buying in banking, IT and auto stocks, with the Sensex gaining around 800 points as investor sentiment remained upbeat. - Titan Hits 52-Week High After Strong Q1 Business Update
Titan Company shares surged to a fresh 52-week high after reporting robust first-quarter business growth, led by strong jewellery sales and rapid expansion of its international business. - Gyftr Shares Debut on NSE
Gift card and rewards platform Gyftr Limited made its stock market debut on the National Stock Exchange following its successful listing approval. - SBI Mutual Fund Eyes Global Expansion
SBI Mutual Fund said it aims to double its international assets under management over the next two to three years, reflecting its global growth ambitions. - Dividend Season Keeps Investors Busy
Companies including Titan, Hindalco, Nestlé India, Axis Bank, Sun Pharma and Dr. Reddy’s remained in focus as investors tracked upcoming dividend announcements. - Gold Prices Remain Firm
Domestic gold prices continued to stay elevated amid geopolitical tensions and strong safe-haven demand from global investors. - Oil Prices Stay Elevated
Crude oil prices held near weekly highs as supply concerns persisted due to tensions in West Asia, keeping energy markets volatile. - Defence Manufacturing Gets Fresh Momentum
India’s defence manufacturing ecosystem received another boost with increasing global collaborations and growing emphasis on indigenous production capabilities.
Top Business International News Updates
- Wall Street Ends Week on a Cautious Note
US stock markets traded largely flat as investors assessed corporate earnings, geopolitical developments and oil price movements. - Apollo Makes £5.7 Billion Bid for easyJet
Private equity giant Apollo launched a £5.7 billion takeover offer for easyJet, triggering a sharp rally in the airline’s shares. - PepsiCo Reports Strong Quarterly Growth
PepsiCo posted solid second-quarter revenue growth, supported by robust demand in India and other international markets. - Japan Sees Highest Corporate Bankruptcies in 12 Years
Rising inflation, labour shortages and higher borrowing costs pushed Japanese corporate bankruptcies to their highest level in over a decade. - Global Markets Watch Oil and Middle East Developments
Investors worldwide remained focused on crude oil prices and geopolitical tensions, which continue to influence inflation expectations and financial markets.
💬 Business Quote of the Day
“Opportunities don’t happen. You create them.” — Chris Grosser