Category: Business News & Economy

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Gold and silver prices extended losses on the MCX for a second straight session on Monday amid rising oil prices triggered by fears of a Strait of Hormuz closure. Higher crude prices raised concerns over persistent inflation and prolonged high interest rates, weighing on precious metals.

South Korea’s benchmark Kospi index plunged 8% to lower circuit on Monday as rising tensions in the Gulf and soaring oil prices rattled global markets. The selloff, led by sharp declines in AI-heavyweights SK Hynix and Samsung Electronics, pushed the index deeper into bear market territory, although it remains the world’s best-performing major stock market…

Swiggy and Eternal shares have seen significant gains recently. Swiggy’s domestic ownership crossing fifty percent boosted investor confidence. Analysts express bullish views on both companies’ long-term growth prospects. Eternal’s quick commerce segment shows promising EBITDA positive results. Investors should monitor competition and valuation dynamics closely.

DMart shares fell on Monday despite reporting a healthy June-quarter performance. The company posted an 11.3% year-on-year rise in consolidated net profit to Rs 860.6 crore, while revenue grew 14.9% to Rs 18,794 crore. EBITDA increased 15.4% to Rs 1,499 crore, with EBITDA margin improving marginally to 8% from 7.9% a year ago.

Indian stock indices Sensex and Nifty experienced significant declines on Monday. Rising oil prices and Middle East tensions dampened investor sentiment across the market. Broader market indices also slipped into the red, reflecting widespread losses. Several major companies saw their share prices drop considerably during trading. The overall market breadth indicated a bearish trend with…

LTM shares will be in focus after the IT company reported largely in-line Q1FY27 earnings. While revenue growth remained muted, margins beat estimates and brokerages retained a broadly constructive stance. Nomura, Nuvama and Emkay reiterated positive ratings, while JM Financial maintained its ‘Reduce’ call. Analysts see improving deal execution supporting growth, though macro uncertainty and…

Five NSE F&O stocks, including CDSL, Biocon and Paytm, witnessed over 6% growth in futures open interest on July 10, signalling fresh positioning and heightened trader participation.

Antony Waste shares dropped after a waste mound collapse killed nine workers. The incident occurred at the PCMC Waste-to-Energy plant following heavy rainfall. The company will cover all expenses for the injured and bereaved families. Operations at the plant are temporarily suspended for safety assessments. Municipal waste collection and transportation services remain unaffected by the…

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