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The Indian rupee strengthened marginally and closed at 83.717 on Thursday versus the US dollar as the dollar index strengthened, but a likely intervention from the Reserve Bank capped weakness in the currency.

Meta soared nearly 9% on Thursday after its rosy revenue growth signaled that strong digital-ad spending on its social media platforms can cover the cost of its AI investments.

Shake Shack shares jumped around 16% after topping market expectations for second-quarter same-store sales, as demand for its burgers and chicken sandwiches stayed robust even as competition intensifies for value meals in the United States.

Over the decade spanning 2014 to 2023, the Nifty 50 closed positive on six occasions (2014, 2016, 2018, 2020, 2021, 2022) and negative in the remaining four (2015, 2017, 2019, 2023). The highest gains were seen in 2021 (8.7%), followed by 2022 (3.5%) and 2014 (3%). Conversely, the steepest decline occurred in 2015 (-6.6%), with lesser dips in 2017 (-1.6%), 2019 (-0.9%), and 2023 (-2.5%).

Sun Pharma reported a 40% year-on-year (YoY) jump in net profit to Rs 2,836 crore in Q1FY25 led by higher sales growth in domestic formulation, emerging markets and global specialty portfolio.

Nagaraj Shetti of HDFC Securities believes that the Nifty index is facing resistance at the 25,000-25,100 level and may experience short-term consolidation or a minor dip. He identifies 24,750 as a key support level to watch.

Billionaire business tycoon Ratan Tata is all set to make multibagger returns of 448.9% or a handsome profit of Rs 2.96 crore in the initial public offering (IPO) of kidswear startup FirstCry.

Homegrown fast-moving consumer goods (FMCG) company Emami Ltd on Thursday reported a 36.4% jump in standalone net profit at Rs 176 crore in the first quarter ending June 2024 as compared to the same period last year when it had clocked Rs 129 crore.

Mudrex, a Y-Combinator-backed global crypto investment platform, announced on Thursday the launch of its Independence Day Airdrop Campaign.