Sensex falls 383 points, Nifty settles at 23,779; IT, metals among top drags

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Among the major Sensex laggards were Infosys Ltd, Reliance Industries Ltd (RIL), State Bank of India (SBI), Tata Consultancy Services Ltd (TCS), Tata Steel Ltd, Eternal Ltd, UltraTech Cement Ltd and Kotak Mahindra Bank Ltd. Indian equity benchmarks resumed their decline on Monday after a single-session pause, with selling pressure seen across IT, metals, realty…

SAIL Q1 Results: Net profit jumps 138% YoY to ₹1,636 crore; revenue remains flat

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SAIL reported a 138% YoY increase in net profit to ₹1,636 crore for Q1 FY27, despite lower production. EBITDA rose 49% YoY to ₹4,356 crore. The company moderated production due to geopolitical issues but aims for improved stability ahead.   Steel Authority of India (SAIL), one of the country’s largest steelmakers, announced its June quarter…