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Track key corporate news, quarterly earnings summaries, startup funding updates, executive movements, and major company announcements across leading industries.
South Korea’s Kospi plunged 5% on Tuesday, extending its two-day decline to nearly 14% and taking the index into bear market territory. The benchmark has fallen over 31% from its June peak after a tech-led rally, though it remains up more than 50% for 2026 overall.
China’s exports saw a strong 27% year-on-year increase in June. Imports also climbed a significant 36%, accelerating from May’s figures. This performance indicates resilient global demand and strengthening domestic economic activity. The robust trade data suggests improved industrial output and consumption within China. These positive figures are expected to boost investor confidence in Chinese markets.
HCL Tech shares fell over 3% despite reporting a 20% YoY rise in Q1FY27 consolidated net profit to Rs 4,624 crore and a 13% increase in revenue to Rs 34,579 crore. The IT major retained its FY27 constant currency guidance, forecasting 1-4% revenue growth, 1.5-4.5% services revenue growth, and an EBIT margin of 17.5-18.5%, disappointing…
Foreign investors bought Indian equities in July after significant selling periods. This return follows easing geopolitical concerns and improved global risk sentiment. India’s growth story and diversified opportunities attract foreign capital for the long term. Analysts remain cautious, awaiting sustained inflows to confirm a trend. Crude oil prices and US interest rates will influence future…
Indian stock markets edged lower on Tuesday, with major indices Sensex and Nifty falling. Escalating Middle East tensions contributed to rising oil prices, impacting investor sentiment negatively. Several prominent companies like HCL Technologies and Bajaj Finance saw significant share price drops. While some sectors like IT and Metal showed marginal gains, the overall market breadth…
Grasim Industries’ renewable energy arm will acquire Solenergi Power from Shell. This acquisition significantly expands its clean energy portfolio to 9.4 GW. The deal, valued at Rs 17,200 crore, is expected to close by 2026. Funding will come from debt, equity, and an investment by Global Infrastructure Partners. The combined entity aims for 20 GW…
A sharp rise in futures open interest indicates a significant increase in the number of active, unexpired futures contracts in a stock.
Axis Securities has identified six promising small and midcap stocks for investors. These selected companies offer potential rallies ranging up to thirty-six percent. Ujjivan Small Finance Bank and Chalet Hotels are among the featured selections. Minda Corporation and Healthcare Global Enterprises also present strong growth prospects. Dalmia Bharat and APL Apollo Tubes complete the list…
ICICI Prudential AMC reported a 23% net profit increase for Q1 FY27. Revenue from operations also saw an 18% year-on-year growth. Mutual fund assets under management rose by 11% to Rs 82.40 lakh crore. Brokerages like JM Financial and Motilal Oswal maintained positive ratings. Emkay also reiterated its buy recommendation with a higher target price.
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