Oil Prices Today, July 8: Crude oil prices rose over 2 per cent as US-Iran tensions escalated. (Image: Canva/ET Now) Oil Prices Today, July 8: Crude oil prices climbed more than 2 per cent on Wednesday, July 8, as renewed escalation between the United States and Iran raised concerns over potential disruptions to global oil…
SpaceX, the Elon Musk-owned enterprise, which made its debut on the Nasdaq on Tuesday, July 7, received a flurry of bullish initiations as the silent period of managers who ran the IPO came to an end. The one that stood out was from Raymond James. The brokerage initiated coverage on SpaceX with a “strong buy”…
Adani Enterprises Ltd. on Tuesday, July 7, informed the exchanges that it has successfully completed its ₹15,000 crore Qualified Institutional Placement (QIP). The company’s board approved the allotment of 5.20 crore equity shares with a face value of ₹1 each to eligible qualified institutional buyers. The issue price was fixed at ₹2,883 per share, representing…
Daksh Grover is a journalist who enjoys exploring the world of business and finance, with a particular focus on markets, commodities, and corporate developments. Over the past few years, Daksh has worked in fast-paced newsroom environments where accuracy and speed go hand-in-hand. Whether it’s breaking updates, market trends, or in-depth analytical pieces, he has gained…
ET’s Stock Reports Plus identified nine bank stocks with upside potential of up to 47%. (AI Generated Image) Banks are among the first companies to release quarterly business updates for the first quarter of FY27. Several lenders have already reported their provisional operating performance for the quarter, with the updates receiving a positive market response…
Sensex Today | Stock Market LIVE Updates: The Nifty enters mid-week trade having snapped a four-day winning streak, as expiry-related factors led to the markets ending lower on Tuesday. The underperformance of the Nifty Bank has weighed on the index. Sensex Today | Stock Market LIVE Updates: While Dalal Street began to look forward to…
Daksh Grover is a journalist who enjoys exploring the world of business and finance, with a particular focus on markets, commodities, and corporate developments. Over the past few years, Daksh has worked in fast-paced newsroom environments where accuracy and speed go hand-in-hand. Whether it’s breaking updates, market trends, or in-depth analytical pieces, he has gained…
Shares of Apollo Micro Systems Ltd. declined nearly 6% on Tuesday, July 7, as its board approved the fund raise of up to ₹3,322 crore via preferential shares and convertible warrants. The company’s board has also approved raising its authorised share capital from ₹45 crore to ₹63 crore, adding room for 18 crore new ₹1…
Fitness chain operator Cult.fit has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI), taking a step closer to its stock market debut, in a development first reported by CNBC-TV18. The proposed IPO comprises a fresh issue of equity shares worth up to ₹950 crore and an offer…
India’s consumer companies are having an unusually strong earnings season, with business updates from jewellery, retail, and household goods firms mostly beating expectations, according to Manoj Menon, Head of Research and Consumer Analyst at ICICI Securities. “Most of the Godrej Consumer Products I reckon as consensus positive,” Menon said, describing what he called an “outlier”…
