Month: July 2026

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…

Hindustan Unilever (HUL) reported a 3% year-on-year decline in June-quarter net profit, missing analyst estimates, as the absence of a one-off tax credit from the year-ago period weighed on earnings. Despite the profit decline, the FMCG major posted double-digit revenue growth, driven by broad-based volume and pricing gains, and maintained its margin outlook for FY27.

The next phase of wealth creation will be shaped by sharper capital allocation, broader investment perspectives and conversations that look beyond market cycles. As Alpha Wealth Summit returns for its second edition, investors will come together to explore the ideas, opportunities and strategies defining the future of wealth.

Tata Power shares traded lower despite Wall Street brokerage Morgan Stanley retaining its “Equal Weight” rating and Rs 399 target price following the company’s Q1 FY27 results. The company reported double-digit profit growth, record quarterly capital expenditure and strong performance across its renewable energy, transmission and distribution businesses.

South Korea’s Kospi plunged more than 10% on Tuesday as a global semiconductor sell-off battered technology heavyweights. SK Hynix tumbled 11% after its US-listed shares hit a record low, while Samsung Electronics fell over 9%, triggering market-wide trading curbs. Rising competition from China and weakness in chip stocks further weighed on investor sentiment.

Chinese stocks fell to a one-week low on Tuesday, led by a sharp selloff in technology and semiconductor shares as investors questioned AI-driven valuations. The CSI300 dropped 2.3% alongside declines in key tech indices, mirroring broader market anxiety across Asian markets over rising competition and heavy AI spending.

The US Federal Reserve faces a tough policy decision as Chair Kevin Warsh weighs a potential rate hike to strengthen its inflation-fighting stance against the need to support an uncertain economy. While higher rates could help bring inflation back toward the 2% target, mixed labour market signals and energy price risks from the US-Iran conflict…

Japan’s Nikkei index tumbled over 4% on Tuesday to a two-month low, led by a deep selloff in semiconductor and AI-related stocks following losses on Wall Street. Major chipmakers including Kioxia, Tokyo Electron, and Advantest saw sharp declines as cautious investors reassessed valuations ahead of major technology earnings.

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…