Investors are anticipating the start of earnings season and the release of June inflation data, just as the U.S-Iran war threatens to reassert itself. Next week promises to be a big one for markets, with investors anticipating the start of the second quarter earnings season and the release of key June inflation data — just…
Crude oil prices are extending their gains on Tuesday, July 14, in early Asia trading, after marking their biggest single-day jump since April overnight, as tensions between the US and Iran escalated in West Asia. West Texas Intermediate (WTI) or the US Crude gained as much as 9.4% on Monday and is up another 1%…
US markets began the new trading week on a negative note and futures on Monday evening are extending the selling pressure amidst a sell-off in chip stocks, and an escalation of tensions between the US and Iran, which has resulted in a spike in oil prices and bond yields. The Dow Jones fell 140 points…
Shares of Fino Payments Bank Ltd. surged as much as 12% on Monday, July 13, after the company reported a strong business update for June 2026, led by robust growth in its loan referral business and customer acquisition. The bank’s loan referral business, which serves as a pilot for its proposed Small Finance Bank, continued…
Shares of L&T Finance Ltd. rose as much as 3.8% on Monday, July 13, after the lender reported its highest-ever quarterly consolidated profit for the June quarter, aided by strong retail loan growth, healthy disbursements and improving asset quality, prompting Nomura to raise its earnings estimates. The stock climbed to an intraday high of ₹333.40…
China’s crude imports look poised to recover from a months-long slump as the country relaxes fuel export curbs, raises run rates and snaps up prompt Middle East supplies, with analysts and traders forecasting a return to strategic stockpiling later this year. The world’s second-largest economy has begun to play an increasingly vital role in balancing…
Shares of Tata Consultancy Services (TCS) climbed as much as 6% on Monday, July 13, after the IT major announced an expansion of its long-standing partnership with global engineering company ABB. The stock also received support after Kotak Institutional Equities added it to its model portfolio. Under a multi-million dollar, multi-year agreement, TCS will take…
Supreme Court upholds SEBI’s penalties against Kotak AMC, MD Nilesh Shah for mutual fund violations. Court warns industry: “Mandate first, gains later. 1 Min Read The Supreme Court has upheld the Securities and Exchange Board of India’s (SEBI) findings and penalties against Kotak Asset Management Company (AMC), its Managing Director Nilesh Shah and five other…
Siemens Ltd on Monday, July 13, said it has received an order worth approximately ₹263 crore from Rail Vikas Nigam Ltd (RVNL) for overhead rail electrification technologies for the Rishikesh–Karnaprayag rail line project in Uttarakhand. The contract involves the deployment of rigid overhead catenary systems (ROCS) and flexible overhead catenary systems (FOCS) across tunnels, bridges,…
Shares of Bajaj Consumer Care fell about 5% from the day’s highs on Monday, July 13, despite the FMCG company reporting a sharp increase in profit and operating margin for the June quarter. The company’s standalone net profit rose 84.8% year-on-year to ₹70.7 crore in the June quarter from ₹38.3 crore a year earlier, while…
