Month: July 2026

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The benchmark reached the correction threshold in just 38 trading days, versus more than 100 sessions during its previous decline.

Coforge reported a remarkable 63.3 percent increase in profits for the June quarter, driven by the recent acquisition of Encora and a surge in demand for artificial intelligence solutions. Additionally, revenue soared by 49.2 percent, reaching an impressive Rs 5,527.7 crore. The company has also secured new orders amounting to USD 691 million for the…

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Corning’s stock dropped significantly after reporting slower fiber optics growth. The company forecast lower third-quarter sales, disappointing market experts. This decline erased billions in the company’s market value. Investors noted a slowdown in the vital optical communications segment. The stock’s rapid surge over the past year led to a pullback.

Coca-Cola raised its full-year revenue and earnings forecasts after beating second-quarter estimates on strong demand for zero-sugar drinks, higher prices and FIFA World Cup-driven sales. Shares jumped nearly 7% to a 52-week high as revenue exceeded analyst expectations.

Indian markets ended slightly lower after Tuesday’s consolidation, but analysts identified four stocks with strong technical setups. Bajaj Auto, 63 Moons Technologies, Ather and Eternal show bullish patterns, with defined entry levels, stop losses and upside targets for traders.

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The Nasdaq opened lower on Tuesday, reflecting global market caution. AI chip stocks faced concerns over corporate spending and Chinese competition. The Dow Jones Industrial Average saw an increase at the opening bell. Meanwhile, the S&P 500 experienced a slight decline. Investors awaited earnings reports from major Wall Street companies.

Zerodha CEO Nithin Kamath said the new Closing Auction Session for F&O stocks could reduce brokerage revenue by 1–5% while making market timings more complex. The auction aims to improve price discovery, reduce index distortions and lower passive fund tracking errors.