Reliance Industries, the most valuable firm on the bourses, added another feather in its cap by crossing the Rs 5 lakh crore market-capitalisation for the first time in its trading history.

It has become the second only firm to do so after Tata Consultancy Service (TCS), which is now the second most valuable company in terms of market-capitalisation.

The death toll in Assam floods mounted to 59 even though the overall situation showed signs of improvement.

Close to 10 lakh people in 24 districts of Assam continued to reel under floods as the death toll reached 59 in the state on Saturday.

Shares of Wipro rose over 3% in the early trade on Monday after the third largest IT services firm Wipro on Friday said its board will consider a proposal for buyback of equity shares on July 20.

Reacting to the development, the stock of the company gained as much as 3.2% to Rs 268 on the BSE. The stock was the top gainer on Sensex and Nifty.

Bharat Petroleum Corp has made its first purchase of U.S. oil, buying high sulphur crudes Mars and Poseidon in a tender, its head of refineries R. Ramachandran said.

BPCL is the second Indian refiner to buy U.S. Gulf crude after Prime Minister Narendra Modi's visit to Washington last month when President Donald Trump said the United States looked forward to exporting more energy products to the world's third-biggest oil buyer.

The Committee of Administrators (CoA) today said the Indian cricket team's support staff will be recruited after consultation with head coach Ravi Shastri by July 22, effectively putting on hold Zaheer Khan and Rahul Dravid's appointments.

In a meeting attended by CoA members Vinod Rai, Diana Edulji and BCCI CEO Rahul Johri, the CoA approved the appointment of Shastri. However, the committee did not implicitly specify whether Dravid and Khan were on board as consultants for specific overseas tours, as had been claimed by the BCCI.

A plethora of events, such as hopes of a rate cut by the Reserve Bank of India (RBI), fresh inflows of foreign funds and the onset of the quarterly earnings season, pushed the Indian equity markets to a record high during the week ended Friday.

On July 13, the 30-scrip Sensitive Index (Sensex) of the BSE breached the 32,000 points-mark for the first time and registered a record high of 32,037.38 points on a closing basis. The wider Nifty of the National Stock Exchange (NSE) closed at a new high of 9,891.70 points.

The National Investigative Agency (NIA) on July 15, 2017 began a probe into the discovery of high-grade PETN explosive inside the Uttar Pradesh Assembly, an official said.

Officials informed IANS that the NIA team arrived in Lucknow on July 14, 2017 and was immediately briefed about the case.

Terrorists and security forces are engaged in a fierce encounter in the Satora area of Jammu and Kashmir's Tral district and at least three terrorists have been killed.

One more terrorist is believed to be holed up inside a cave on a hillock.

Amid reports of an apparent rift in in Bihar's 'mahagathbandhan' between the Janata Dal (United) [JD (U)] and Rashtriya Janata Dal (RJD), the Bharatiya Janata Party (BJP) opined that although the party is heading towards a split, they are trying to put up a 'brave face'.

"The war of words has begun between the two parties. It is just a matter of time before either of the leaders decide whether to remain united or split. They are trying to put up a brave face. The situation in the party is clearly visible to the people of Bihar," BJP leader S Prakash told ANI.

The benchmark indices zoomed to capture 32,000-level, gaining 660.12 points to finish the week at 32,020.75, while the broader Nifty marked the psychological 9,900-level for brief period before settling the week at 9,886.35, garnering 220.55 points.

This is the biggest weekly gain for the indices since mid-March.

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