Bankers unaware, government timed LIC stake sale to max receipts
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Day: August 7, 2026
Stock market today: Gift Nifty hints a gap-down start; eight day trading stocks to buy on Friday, 7 August
Indian stock market indices Sensex and Nifty 50 are expected to open lower on 7 August due to rising crude oil prices and Middle East tensions. Brent crude has surged, raising concerns over energy supplies and inflation. The Gift Nifty suggests a cautious start for domestic equities.
Stock Market Today Live Updates: Where are BSE Sensex and NSE Nifty50 headed today? Oil prices, global cues and more in focus
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Shares to buy or sell: Chandan Taparia of Motilal Oswal recommends three stocks to buy today – 7 August 2026
The Indian stock market is set to open lower on August 7, influenced by rising crude oil prices. The Nifty 50 and Sensex indices show weak trends, with analysts suggesting key support and resistance levels for trading.
Alibaba plans to charge big users of its next open-source AI model
Like last month’s blockbuster model release from Chinese AI startup Moonshot, Alibaba’s Qwen3.8-Max model is an open-source, open-weight model, meaning that the underlying learned settings that allow developers to run or adapt the system are available for download. By contrast, U.S. developers OpenAI, Anthropic and Alphabet’s Google have closed-source models.
Lyft posts record bookings, but higher promotions fuel profit miss
The ride-hailing services provider has stepped up spending on incentives and loyalty programs to attract and retain customers and sustain growth.
LEAP India IPO Day 1: Issue opens today. GMP hints 12% listing gain. Check key dates, review. Apply or skip?
LEAP India IPO opens for subscription from 7 to 11 August, with a price band of ₹151–159. The company raised ₹743.62 crore from anchor investors and aims for a listing price of ₹178.5, indicating positive market sentiment.
China trade balance grows more than expected in July on exports boost
China trade balance grows more than expected in July on exports boost
Firmus nearly doubles valuation to over $10.5 billion in 4 months with Nvidia-backed fundraise
Firmus secured two billion dollars in equity funding this week. This investment brings the company’s valuation to over ten point five billion dollars. The funds will accelerate AI factory build-outs in Australia and Asia. Nvidia and Coatue Management participated in the latest funding round. Firmus plans to expand its AI infrastructure initiatives across the region.
PHC Holdings Q1 2026 slides show 171% profit gain, shares rally 19%
PHC Holdings Q1 2026 slides show 171% profit gain, shares rally 19%