Shares of Bharat Dynamics Ltd. are expected to be in focus on Thursday, June 25, after the defence PSU secured fresh orders worth ₹1,350 crore from Hindustan Aeronautics Ltd. (HAL) for Helina launchers and Counter Measure Dispensing System (CMDS) Line Replaceable Units (LRUs). The stock has declined in each of the last two trading sessions….
Fortis Healthcare Ltd. is under the Delhi government’s radar as the latter is set to initiate an action against its hospital in Shalimar Bagh, Delhi, post a district administration inquiry finding multiple lapses alleged ‘irregularities’. The same include alleged lapses in patient care, the Delhi government said in an official statement on Thursday. Fortis Hospital,…
South Korean equities tumbled on Friday, triggering their second trading suspension of the week, as a sharp sell-off in heavyweight chipmakers underscored growing investor nervousness around the global artificial intelligence (AI) trade. The benchmark KOSPI plunged as much as 9% after trading resumed following a 20-minute circuit breaker. Chip giants Samsung Electronics and SK Hynix…
The Hong Kong dollar fell to its weakest level against the US dollar in about 10 months, as a stronger greenback and expectations for further Federal Reserve rate hikes pressured Asian currencies. The currency eased to HK$7.8417 per US dollar on Friday, the weakest since August 2025, and is on track for a third straight…
South Korea’s stock market halted: Kospi tumbles over 8% as chip stocks sink, trading suspended Source link
Shares of SoftBank Group Corp. declined as much as 12% on Friday after reports suggested that OpenAI could postpone its much-anticipated initial public offering (IPO) until next year, raising concerns over delayed returns for one of its biggest investors. The Japanese technology investor has seen its shares rally to record highs in recent months, driven…
Shares of Vedanta Ltd., the Anil Agarwal-owned mining conglomerate, fell another 3% on Thursday, June 25, in-line with the fall in other metal stocks, on account of a stronger US Dollar. The US Dollar Index has now gone past the mark of 101.5. A rising Dollar is generally negative for metals as it reduces the…
Oil prices held the bulk of gains post a cargo ship being attacked in the Strait of Hormuz. Brnet crude was trading near $75 a barrel, while West Texas Intermediate was below $72 a barrel. The vessel was struck by an unknown projectile, while it was sailing southeast of Oman. Ships had been openly transiting…
Asian markets declined on Friday, June 26, after a volatile session on Wall Street, where weakness in heavyweight technology stocks offset optimism triggered by upbeat guidance from semiconductor companies. The broader Asian equity gauge fell 0.6%, while South Korea’s tech-heavy Kospi dropped 1.8%. Japan’s Nikkei 255 was down 2.79%, while the broader Topix index fell…
Stocks Turning Ex-Date on June 29: Several stocks, including Jyothy Labs, Kajaria Ceramics, Kansai Nerolac Paints, Kalpataru Projects International, Raymond Lifestyle and Kedia Construction Company, are set to trade ex-date on June 29, making them the focus for investors tracking corporate actions. The list includes companies announcing final dividends, a share buyback and a capital…
