India shares higher at close of trade; Nifty 50 up 0.04%

Global semiconductor stocks fell sharply as Micron and Intel dropped up to 8%, tracking weakness in Asian peers despite strong Samsung earnings. Investors are reassessing valuations after a strong AI-led rally, while concerns over custom chip development and future demand are making markets more selective towards AI-linked semiconductor companies.

Caliber Mining & Logistics’ Rs 450-crore IPO opens for subscription today with a grey market premium of Rs 105, indicating a potential 25% listing gain over the upper price band of Rs 424. The issue comprises a Rs 400-crore fresh issue and a Rs 50-crore OFS, with bidding open until July 21. The shares are…

Foreign institutional investors turned selective buyers in the June 2026 quarter, increasing stakes in 135 stocks. Several of these delivered 50–665% annual returns, including five multibaggers, signalling renewed institutional confidence.