A look at the headlines in the sector right now:

  1. Sensex gains more than 500 points, closes at 11-month high: According to market analysts, the US added 287,000 jobs last month and that led to a buoyant economy.
  2. Nirma to buy stake in cement manufacturer Lafarge India for $1.4 billion: LafargeHolcim, the world’s largest cement maker, said the deal was part of its divestment plan for 2016 worth 3.5 billion Swiss franc.
  3. Pokemon Go's success adds Rs 47,000 crore to Nintendo's market value after a stock rally: The Japanese giant has had a smashing success with its latest game that utilises augmented reality.
  4. Sahara chief Subrata Roy's parole extended, Supreme Court asks him to pay Rs 300 crore more: The apex court said it granted him parole on 'humanitarian grounds' and that it should not be misused.
  5. Google to train 2 million Indian developers on Android: Google plans to make the curriculum accessible to millions for free to help make India a global leader in mobile development. 
  6. Twitter reportedly forces tweet-archiver PostGhost to shut down: The website, which monitored public figures’ Twitter profiles and archived deleted tweets, only launched on July 6.
  7. Car sales down 5.18%, passenger vehicle sales up 2.68% in June: Market leader Maruti Suzuki India saw its domestic car sales decline by 16.25%.