Latest
🇮🇳47d ago
CDSL Q1 net profit rises 15% YoY to Rs 118 crore
Central Depository Services (India) Limited reported a 15% year-on-year increase in net profit to Rs 118 crore for Q1, with operating revenue climbing 13% to Rs 293 crore. The results indicate steady growth in the Indian securities depository sector amid continued market activity.
🇮🇳47d ago
Nifty Lacks Direction; Analyst Shah Outlines Bajaj Finance, Eternal Strategy
According to reports, analyst Sudeep Shah from SBI Securities indicated that the Nifty index lacks clear directional movement on technical charts. Shah provided strategic outlooks for individual stocks including Bajaj Finance and Eternal, alongside guidance for the banking sector and broader index positioning for the week ahead.
🇮🇳47d ago
Musk's Wealth Halves as SpaceX Share Crash Wipes $600 Billion
Elon Musk's net wealth declined from approximately $1.33 trillion to $684 billion following a 46% crash in SpaceX shares, according to Bloomberg reports. The over $600 billion erosion represents one of the largest wealth declines among global billionaires, underscoring the concentration of Musk's assets in the space exploration company.
🇮🇳47d ago
Dhaval Packaging to raise Rs 36.36 crore via IPO on BSE SME
Dhaval Packaging Limited will launch its initial public offering on July 30, aiming to raise Rs. 36.36 crore through a fresh equity issue for capacity expansion and debt reduction. The company is targeting listing on the BSE SME platform on August 6.
🇮🇳47d ago
CleanMax Posts Rs 55 Crore Q1 Profit Amid Strong Revenue Growth
Clean Max Enviro Energy Solutions reported a net profit of Rs 55 crore in the June quarter, driven by a 107 percent year-on-year revenue increase and record capacity additions. The renewable energy company plans to raise Rs 2,500 crore through debenture issuance to fund future expansion.
🇮🇳47d ago
AI Investor Leopold Aschenbrenner's $45B Fund Faces Massive Losses
Leopold Aschenbrenner's Situational Awareness hedge fund, which peaked at approximately $45 billion in early July, has suffered significant losses in recent weeks due to declines in major AI semiconductor holdings and adverse movements in short software positions. The fund's deterioration highlights growing volatility in technology-focused investment strategies amid shifting market sentiment around artificial intelligence.
🇮🇳47d ago
Wood warns AI capex binge may burn billions as markets turn against Big Tech
Chris Wood has reiterated his longstanding warning that major technology hyperscalers risk squandering substantial capital on artificial intelligence infrastructure spending. Wood's thesis suggests AI economics may resemble the lower-margin airline sector rather than generating the concentrated profits seen in internet-era winners.
🇮🇳47d ago
AI Capex Spending Risks Massive Losses, Warns Market Strategist
A prominent market strategist has cautioned that technology companies' heavy capital expenditure on artificial intelligence infrastructure may result in substantial financial waste. The warning reflects growing concerns about whether AI investments will deliver adequate returns as market sentiment shifts against Big Tech spending priorities.
🇮🇳47d ago
Divi's Labs Q1 Profit Surges 66% to Rs 902 Crore on Revenue Growth
Divi's Laboratories reported a 66% year-over-year increase in net profit to Rs 902 crore during Q1 FY27, supported by revenue from operations growing 28% to Rs 3,080 crore. The company's total income rose over 24% while total expenses increased more moderately at 9%, demonstrating improved operational leverage during the quarter ended June 30, 2026.
🇮🇳47d ago
Abakkus Portfolio Stocks Surge Up to 105% in 2026
Sunil Singhania's Abakkus fund reported significant gains across its portfolio in calendar year 2026, with five stocks rallying up to 105%, while the fund added two new positions during the first quarter. The analysis covers only holdings exceeding 1% of the portfolio and may not represent the full investment position.
🇮🇳47d ago
Jio Financial Services Sets August 10 Record Date for Final Dividend
Jio Financial Services announced August 10 as the record date for its final dividend payout, following strong first-quarter financial results marked by significant year-on-year growth in profit and revenue. The announcement coincided with a notable share price jump, while Motilal Oswal maintained a Buy rating with a target price of Rs 315.
🇮🇳47d ago
Beginner's Guide to Entering India's Share Market
New investors can now easily access the Indian share market by understanding fundamentals and completing necessary account setup procedures. The process involves KYC compliance, goal-setting, risk management, and portfolio diversification to support long-term wealth creation.
🇮🇳47d ago
Bitcoin drops below $63,000 to two-week low amid Coinbase earnings concerns
Bitcoin fell below $63,000 to reach its lowest point in two weeks, driven by disappointing Coinbase earnings and diminished optimism surrounding U.S. crypto legislation. The broader digital asset market reflected investor caution, with altcoins showing mixed performance as traders await macro signals and Federal Reserve commentary.
🇮🇳47d ago
Aluminium signals recovery after correction; supply risks loom
Aluminium has rebounded from recent corrections, supported by tightening global inventories and energy supply concerns in major producing regions. The recovery signals potential for further gains driven by geopolitical tensions and anticipated strong demand from power, transportation, renewable energy, and electric vehicle sectors.
🇮🇳47d ago
US Stocks Rise on Amazon's Strong Earnings Despite Apple Decline
Wall Street closed higher on Friday as Amazon's robust quarterly results eased investor concerns about artificial intelligence infrastructure spending, though Apple's disappointing earnings weighed on the technology sector. Treasury yields rose amid Federal Reserve discussions on inflation, creating a mixed backdrop for equities.
🇮🇳47d ago
Zee Entertainment shareholders approve Rs 3,143 crore promoter fund infusion
Zee Entertainment shareholders have approved a Rs 3,143.5 crore preferential warrant issue to a promoter group entity, enabling promoter ownership to rise to 23.79%. The company also received investor clearance for a new ESOP scheme designed to increase employee ownership stakes.
🇮🇳48d ago
US Futures Rise as Amazon Gains Offset Apple Decline
US stock market futures moved higher as strength in Amazon shares counterbalanced weakness in Apple, according to market reports. The mixed performance among major tech names reflects ongoing sector rotation and selective investor positioning ahead of broader economic developments.
🇮🇳48d ago
Indo-MIM shares surge 60% above IPO price in two trading sessions
Indo-MIM shares rallied nearly 5% on Friday to Rs 776.90, extending gains to over 60% above its IPO price of Rs 485 within two trading sessions. Analysts recommend partial profit-taking while suggesting long-term investors maintain stop-loss levels around Rs 595-600.
🇮🇳48d ago
Juniper Green Energy IPO targets ₹1,800 crore for debt reduction
Juniper Green Energy plans to raise ₹1,800 crore through an IPO primarily to reduce its debt burden while expanding renewable energy capacity. The offering carries execution risks and high leverage concerns, making it suitable for long-term investors with higher risk tolerance.
🇮🇳48d ago
Jersey Mike's Shares Fall 8.7% in NYSE Debut Despite $1B IPO
Jersey Mike's sandwich chain completed one of the largest restaurant IPOs in recent years, raising approximately one billion dollars, but shares declined 8.7% on their first trading day on the New York Stock Exchange. The soft debut reflects broader investor caution toward the retail and restaurant sectors despite the company's substantial presence with over 3,300 locations across the United States and Canada.