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Nita Spaces' shares rose 10%, reaching the upper circuit limit, after the Gujarat RERA approved its PRANA residential project at GIFT City Gandhinagar. The project is developed by subsidiary Nila Urban Living, in which Nita Spaces holds a 90% stake, with RERA registration valid until December 31, 2030.

Kalyan Jewellers' board will meet on August 7, 2025, to approve Q1FY26 results. The company reported 31% year-on-year revenue growth in India and international markets for Q1FY26, driven by strong demand during Akshaya Tritiya and wedding season. It also announced expansion plans, including 170 new showrooms in FY26. The stock has gained over 16% in the past year.

The EU Court of Justice's Advocate General ruled that member states can impose measures to support publishers in dealings with platforms like Meta, provided these measures don't undermine contractual freedom. The ruling emphasizes fair revenue sharing and press viability while ensuring negotiation rights remain intact. The court's decision is pending.

Fast Retailing's Q3 earnings fell short of estimates, with op. profit at ¥146.7B, below the projected ¥150B. China sales dropped 5%, and operating profit decreased 3%, attributed to weak consumer sentiment and cooler weather. The company is restructuring its China operations, seeing improved sales in some stores. Despite this, they maintained their full-year operating profit forecast of ¥545B.

Nvidia briefly reached a $4 trillion market valuation, making it the first publicly listed company to do so. CEO Jensen Huang's net worth surged by $27.6 billion in 2025, reaching $142 billion. The stock rally was driven by AI momentum and the launch of an AI-powered browser, Comet, positioning Nvidia as a leader in the tech industry.

Alumni Ventures, early backers of fantasy sports app Sleeper, which hit a $400M valuation by 2021, are now betting on gambling addiction care. In August, they invested $1.5M in Kindbridge Behavioral Health. Similarly, gambling-focused VC Bettor Capital backed Kindbridge in March, marking a growing trend in dual investments across betting and treatment.

The AUM of private ARCs in India is expected to decline 4-6% to ₹1.05 lakh crore this fiscal year, following a 15% drop last year. Lower acquisitions and higher redemptions are key factors, with corporate NPAs at a low and retail assets less appealing. New RBI guidelines on stressed asset securitization may prompt ARCs to adapt and explore fee-based models.

Vedanta's share price dropped 1.5% to ₹433.35 on July 10, marking its second consecutive decline. This followed a report by Viceroy Research alleging Vedanta Resources operates a Ponzi scheme, leading to cautious investor sentiment. The company lost a key executive, Chris Griffith, and dismissed the report as malicious. Shares have been volatile since September.

Mutual funds in India saw a strong resurgence in June, with total inflows reaching ₹49,095 crore, a 69% increase from May. Equity funds led with ₹23,568 crore, up 24% month-on-month, driven by demand in Flexi Cap, small-cap, and mid-cap funds. Hybrid funds also saw significant inflows at ₹23,223 crore. Assets under management (AUM) rose to ₹74.40 lakh crore, with equity AUM at ₹33.46 lakh crore.

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After making a bumper debut on the Indian stock market, Crizac share price extended its momentum on Thursday, rallying another 9% to hit the day’s high of ₹334.75 apiece in intraday trade. Crizac share price made a grand entry on the exchanges on Wednesday, listing at ₹281.05 on the NSE, a 14.71% premium over the IPO price of ₹245, and ended its first trading day even higher at ₹307.60.

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Laurus Labs shares surged 19.35% in 11 days, reaching a new high of Rs 799.4. The breakout above Rs 720–725, supported by strong volumes and technical patterns, signals bullish momentum. Analysts target Rs 890–945 in 6–12 months, with support at Rs 720–725. They advise caution for new buyers due to overbought RSI, suggesting strategic entries.

Renowned investor Ashish Kacholia reduced his stake in Jyoti Structures to 1.43% (1.69 crore shares) in Q1FY26, down from 2.04% (2.42 crore shares) in Q4FY25. The company, an EPC player in power and renewable energy, reported mixed financials, with a 15.5% YoY decline in Q4FY25 net profit despite a 27.7% rise in sales. Its stock has fallen 24% in the past year amid volatility.

Motilal Oswal has initiated coverage on Bharat Dynamics with a 'neutral' rating and a target price of Rs 1,900, citing high valuations. The company boasts a strong order book of Rs 227 billion and a surge in exports to Rs 12 billion in FY25. It expects 35% revenue CAGR and 51% PAT CAGR over FY25-28, driven by easing supply chains and diversification into new areas.

Syrma SGS Technology's shares surged over 5% to a 52-week high of ₹682.70, driven by plans to establish India's largest multi-layer PCB and CCL facility with a ₹1,800 crore investment in Andhra Pradesh. Partnering with South Korea’s Shinhyup Electronics, the project aligns with India’s 'Make in India' initiative. JPMorgan initiated coverage with an 'Overweight' rating, forecasting strong growth.

PC Jeweller's shares surged nearly 4% to Rs 19.15 ahead of a July 10 board meeting to discuss fundraising via preferential allotment. The stock has gained 54% in one month, with a market cap of Rs 12,251 crore, nearing its 52-week high. The RSI of 82 indicates overbought conditions, signaling potential short-term consolidation.

Nvidia became the first publicly traded company to reach a $4 trillion market cap as its stock rose 2.8% to $164.42. CEO Jensen Huang's net worth surged $27.6 billion since January, reaching $142 billion, making him the 10th richest person. The AI-driven boom, likened to the iPhone's impact, drove a 1,000% stock increase since 2023.

Tracxn Technologies' shares rose 2.9% to Rs 59.80 after shareholders approved a share buyback at Rs 70 per share, a 21% premium. The buyback involves 11,42,857 shares (1.07% of equity) through a tender offer, funded by cash, aiming to enhance shareholder value. The record date is set for July 18, 2025.

Alumni Ventures, early backers of fantasy sports app Sleeper, which hit a $400M valuation by 2021, are now betting on gambling addiction care. In August, they invested $1.5M in Kindbridge Behavioral Health. Similarly, gambling-focused VC Bettor Capital backed Kindbridge in March, marking a growing trend in dual investments across betting and treatment.

The oil and gas industry is adapting to challenges like wars, natural disasters, and OPEC+ decisions by integrating these risks into pricing models. Companies now have cleaner balance sheets and resilience to price volatility, allowing banks to deploy capital creatively. Banks are focusing on supporting existing clients and smaller M&A deals, particularly for non-operated assets.

Singaporean undergraduates are fiercely competing for membership in campus finance clubs, seen as a crucial step toward securing coveted banking jobs amid a tightening job market. The clubs offer resume-boosting opportunities, with rigorous selection processes and demanding workloads, as students strive to stand out in a highly competitive environment.

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Nita Spaces' shares rose 10%, reaching the upper circuit limit, after the Gujarat RERA approved its PRANA residential project at GIFT City Gandhinagar. The project is developed by subsidiary Nila Urban Living, in which Nita Spaces holds a 90% stake, with RERA registration valid until December 31, 2030.

Kalyan Jewellers' board will meet on August 7, 2025, to approve Q1FY26 results. The company reported 31% year-on-year revenue growth in India and international markets for Q1FY26, driven by strong demand during Akshaya Tritiya and wedding season. It also announced expansion plans, including 170 new showrooms in FY26. The stock has gained over 16% in the past year.

The EU Court of Justice's Advocate General ruled that member states can impose measures to support publishers in dealings with platforms like Meta, provided these measures don't undermine contractual freedom. The ruling emphasizes fair revenue sharing and press viability while ensuring negotiation rights remain intact. The court's decision is pending.

Fast Retailing's Q3 earnings fell short of estimates, with op. profit at ¥146.7B, below the projected ¥150B. China sales dropped 5%, and operating profit decreased 3%, attributed to weak consumer sentiment and cooler weather. The company is restructuring its China operations, seeing improved sales in some stores. Despite this, they maintained their full-year operating profit forecast of ¥545B.

Nvidia briefly reached a $4 trillion market valuation, making it the first publicly listed company to do so. CEO Jensen Huang's net worth surged by $27.6 billion in 2025, reaching $142 billion. The stock rally was driven by AI momentum and the launch of an AI-powered browser, Comet, positioning Nvidia as a leader in the tech industry.

Alumni Ventures, early backers of fantasy sports app Sleeper, which hit a $400M valuation by 2021, are now betting on gambling addiction care. In August, they invested $1.5M in Kindbridge Behavioral Health. Similarly, gambling-focused VC Bettor Capital backed Kindbridge in March, marking a growing trend in dual investments across betting and treatment.

The AUM of private ARCs in India is expected to decline 4-6% to ₹1.05 lakh crore this fiscal year, following a 15% drop last year. Lower acquisitions and higher redemptions are key factors, with corporate NPAs at a low and retail assets less appealing. New RBI guidelines on stressed asset securitization may prompt ARCs to adapt and explore fee-based models.

Vedanta's share price dropped 1.5% to ₹433.35 on July 10, marking its second consecutive decline. This followed a report by Viceroy Research alleging Vedanta Resources operates a Ponzi scheme, leading to cautious investor sentiment. The company lost a key executive, Chris Griffith, and dismissed the report as malicious. Shares have been volatile since September.

Mutual funds in India saw a strong resurgence in June, with total inflows reaching ₹49,095 crore, a 69% increase from May. Equity funds led with ₹23,568 crore, up 24% month-on-month, driven by demand in Flexi Cap, small-cap, and mid-cap funds. Hybrid funds also saw significant inflows at ₹23,223 crore. Assets under management (AUM) rose to ₹74.40 lakh crore, with equity AUM at ₹33.46 lakh crore.

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After making a bumper debut on the Indian stock market, Crizac share price extended its momentum on Thursday, rallying another 9% to hit the day’s high of ₹334.75 apiece in intraday trade. Crizac share price made a grand entry on the exchanges on Wednesday, listing at ₹281.05 on the NSE, a 14.71% premium over the IPO price of ₹245, and ended its first trading day even higher at ₹307.60.

Rate this item

(1 Vote)

Laurus Labs shares surged 19.35% in 11 days, reaching a new high of Rs 799.4. The breakout above Rs 720–725, supported by strong volumes and technical patterns, signals bullish momentum. Analysts target Rs 890–945 in 6–12 months, with support at Rs 720–725. They advise caution for new buyers due to overbought RSI, suggesting strategic entries.

Renowned investor Ashish Kacholia reduced his stake in Jyoti Structures to 1.43% (1.69 crore shares) in Q1FY26, down from 2.04% (2.42 crore shares) in Q4FY25. The company, an EPC player in power and renewable energy, reported mixed financials, with a 15.5% YoY decline in Q4FY25 net profit despite a 27.7% rise in sales. Its stock has fallen 24% in the past year amid volatility.

Motilal Oswal has initiated coverage on Bharat Dynamics with a 'neutral' rating and a target price of Rs 1,900, citing high valuations. The company boasts a strong order book of Rs 227 billion and a surge in exports to Rs 12 billion in FY25. It expects 35% revenue CAGR and 51% PAT CAGR over FY25-28, driven by easing supply chains and diversification into new areas.

Syrma SGS Technology's shares surged over 5% to a 52-week high of ₹682.70, driven by plans to establish India's largest multi-layer PCB and CCL facility with a ₹1,800 crore investment in Andhra Pradesh. Partnering with South Korea’s Shinhyup Electronics, the project aligns with India’s 'Make in India' initiative. JPMorgan initiated coverage with an 'Overweight' rating, forecasting strong growth.

PC Jeweller's shares surged nearly 4% to Rs 19.15 ahead of a July 10 board meeting to discuss fundraising via preferential allotment. The stock has gained 54% in one month, with a market cap of Rs 12,251 crore, nearing its 52-week high. The RSI of 82 indicates overbought conditions, signaling potential short-term consolidation.

Nvidia became the first publicly traded company to reach a $4 trillion market cap as its stock rose 2.8% to $164.42. CEO Jensen Huang's net worth surged $27.6 billion since January, reaching $142 billion, making him the 10th richest person. The AI-driven boom, likened to the iPhone's impact, drove a 1,000% stock increase since 2023.

Tracxn Technologies' shares rose 2.9% to Rs 59.80 after shareholders approved a share buyback at Rs 70 per share, a 21% premium. The buyback involves 11,42,857 shares (1.07% of equity) through a tender offer, funded by cash, aiming to enhance shareholder value. The record date is set for July 18, 2025.

Alumni Ventures, early backers of fantasy sports app Sleeper, which hit a $400M valuation by 2021, are now betting on gambling addiction care. In August, they invested $1.5M in Kindbridge Behavioral Health. Similarly, gambling-focused VC Bettor Capital backed Kindbridge in March, marking a growing trend in dual investments across betting and treatment.

The oil and gas industry is adapting to challenges like wars, natural disasters, and OPEC+ decisions by integrating these risks into pricing models. Companies now have cleaner balance sheets and resilience to price volatility, allowing banks to deploy capital creatively. Banks are focusing on supporting existing clients and smaller M&A deals, particularly for non-operated assets.

Singaporean undergraduates are fiercely competing for membership in campus finance clubs, seen as a crucial step toward securing coveted banking jobs amid a tightening job market. The clubs offer resume-boosting opportunities, with rigorous selection processes and demanding workloads, as students strive to stand out in a highly competitive environment.

Donald Trump threatened 50% tariffs on Brazilian goods, causing the real to drop 3% and the Brazil ETF to fall 2%. Citing concerns over election integrity and free speech, Trump linked the move to Jair Bolsonaro's legal issues. President Lula da Silva responded by convening an emergency meeting, vowing economic reciprocity and defending Brazil's sovereignty, escalating US-Brazil tensions.

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India's Q1 earnings season may mark the end of the downgrade cycle, with midcaps leading the recovery. Mid and small caps are expected to post a 22.4% YoY PAT growth, while Nifty50 earnings may grow just 4-5% YoY. Analysts predict easing downgrades and potential upgrades in future quarters, signaling a gradual economic recovery.

The June 2025 quarter saw ₹3.55 Trillion in net inflows into mutual funds, driven by debt funds, which recorded their best-ever quarterly inflows of ₹2.02 Trillion. Equity funds saw slower net inflows at ₹66,869 Crore, while hybrid funds posted a record ₹58,825 Crore. Passive funds inflows dipped to ₹29,753 Crore. Total AUM rose 13.2% QOQ to ₹74.41 Trillion.

Global central bankers have hesitated to impose strict borrowing limits on large hedge funds, whose role in financial markets has grown significantly, posing risks due to their use of leverage and derivatives. Policymakers lack sufficient data and face industry resistance, leading to watered-down transparency proposals. Hedge funds in the U.S. and U.K. hold record borrowing levels.

Morgan Stanley initiated coverage on Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) with 'Overweight' ratings, setting target prices of ₹508 and ₹485 respectively. This brought them under bulls' radar and led to a 3.12% rise in PFC shares to ₹430.75 and a 2.5% increase in REC shares to ₹401.45 on July 10.

Ashok Leyland shares rose nearly 2% to Rs 254.80 after announcing a 1:1 bonus share issue with a record date of July 16, 2025. The company reported a 38% YoY increase in Q4 net profit to Rs 1,246 crore and a 6% rise in revenue. Analysts have a 'Buy' consensus with a target price of Rs 268, indicating a 6% upside.

Enviro Infra Engineers' shares rose 5% to a six-week high of ₹255 after its joint venture with AltoraPro Infrastructure secured a ₹395 crore order from MIDC for a Common Effluent Treatment Plant project. This is the company's second major order in three weeks, following a ₹306.30 crore EPC contract for STPs in Chhattisgarh. The firm also recently entered the renewable energy sector.

Sanjiv Bhasin, former director of IIFL Securities, has challenged a Sebi order accusing him of front-running and stock manipulation. Sebi barred Bhasin and 11 others from trading, alleging coordinated fraudulent activities by placing orders ahead of stock recommendations on TV and social media. Bhasin denies the allegations, calling the order harsh and seeking a stay.

Asian shares mostly rose after a U.S. tech rally lifted the Nasdaq to an all-time high. South Korea’s Kospi gained 1%, while Tokyo’s Nikkei fell 0.6%. On Wall Street, the S&P 500 and Dow rose, with the Nasdaq climbing 0.9% to surpass its previous record. Nvidia surged, becoming the first public company to exceed $4 trillion in value.

Nvidia, the first company to reach a $4 trillion market valuation, saw its stock rise nearly 3% to a 52-week high, driven by the launch of Perplexity AI's Comet browser, which integrates AI-powered search. A 5% stock increase would surpass India's $4.27 trillion GDP. Nvidia outperformed the Nasdaq Composite, with its stock rallying 24% in the past year.

Cryogenic OGS IPO listing : Cryogenic OGS shares debuted at ₹89.30 on BSE SME, a 90% premium over the ₹47 IPO price. The ₹17.77 crore SME IPO was subscribed 694.90x, with retail at 773.70x and NII at 1155.38x. It raised ₹5.05 crore from anchor investors. Proceeds will fund working capital and corporate expenses.

Vodafone Idea shares, down over 57% in the past year, continue to show a bearish trend with weak momentum and lack of investor interest. Trading near Rs 7.26, the stock faces resistance at Rs 7.80 and support at Rs 7.13. Analysts highlight a long-term downtrend, with AGR dues of Rs 84,000 crore and subscriber losses below 200 million adding to financial strain.

Enviro Infra Engineers, in a joint venture with AltoraPro, secured a Rs 395 crore MIDC project to modernize Kolhapur's CETPs under the Panchganga River initiative. The 24-month contract includes designing and implementing zero liquid discharge systems. Additionally, they received a Rs 306.3 crore order for Chhattisgarh STPs, with the company's market cap at Rs 4,230 crore.

Indian benchmark indices dipped on Thursday, with Sensex down 115 points to 83,420 and Nifty down 36 points to 25,440. Gains in financials were offset by IT sector weakness. Nifty IT fell 0.5%, while Midcap100 and Smallcap100 rose. Enviro Infra Engineers surged 6% after securing a Rs 395 crore project. Global markets were mixed amid U.S. tariff moves and optimism over potential trade deals.

HCL Technologies announced a 10-year partnership with Dunedin City Council to modernize IT services, including cybersecurity, cloud, and network management, using AI and automation. They also partnered with Astemo Cypremos to advance smart vehicle technology, utilizing their platforms to enhance software quality and reduce development cycles. HCLTech shares closed 2% lower.

Waaree Energies' shares rose 1.9% to Rs 3,179 after announcing an OFS of 10,00,000 equity shares in its subsidiary Indosolar Ltd., representing 2.40% of Indosolar's total capital. The move aims to meet Sebi's Minimum Public Shareholding requirements. The OFS will be conducted on July 10 and 11, 2025, through separate trading windows on BSE and NSE.

Ambuja Cements' shares are in focus after its subsidiary ACC commissioned a 1.5 MTPA grinding unit in Jharkhand, raising total capacity to 104.45 MTPA. Q4 2025 saw a 75% YoY rise in standalone net profit to Rs 929 crore, with revenue up 19%. Consolidated profit fell 9% YoY to Rs 956 crore. The stock closed at Rs 590.7, with a target price of Rs 623 and a market cap of Rs 1.45 lakh crore.

The National Company Law Tribunal (NCLT) Mumbai Bench approved the amalgamation of Mahanagar Gas Ltd (MGL) with its subsidiary, Unison Enviro Private Ltd, on July 9. The scheme, effective upon filing the NCLT order with the Registrar of Companies, merges both entities and their shareholders. MGL shares have gained 16.07% year-to-date.

Sebi proposes allowing credit rating agencies (CRAs) to rate financial products regulated by other financial sector regulators, such as unlisted securities. CRAs must establish a segregated unit within six months, separated by a Chinese wall, and provide upfront disclosures to clients. The move aims to address industry gaps and create synergies.

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Nita Spaces' shares rose 10%, reaching the upper circuit limit, after the Gujarat RERA approved its PRANA residential project at GIFT City Gandhinagar. The project is developed by subsidiary Nila Urban Living, in which Nita Spaces holds a 90% stake, with RERA registration valid until December 31, 2030.

Kalyan Jewellers' board will meet on August 7, 2025, to approve Q1FY26 results. The company reported 31% year-on-year revenue growth in India and international markets for Q1FY26, driven by strong demand during Akshaya Tritiya and wedding season. It also announced expansion plans, including 170 new showrooms in FY26. The stock has gained over 16% in the past year.

The EU Court of Justice's Advocate General ruled that member states can impose measures to support publishers in dealings with platforms like Meta, provided these measures don't undermine contractual freedom. The ruling emphasizes fair revenue sharing and press viability while ensuring negotiation rights remain intact. The court's decision is pending.

Fast Retailing's Q3 earnings fell short of estimates, with op. profit at ¥146.7B, below the projected ¥150B. China sales dropped 5%, and operating profit decreased 3%, attributed to weak consumer sentiment and cooler weather. The company is restructuring its China operations, seeing improved sales in some stores. Despite this, they maintained their full-year operating profit forecast of ¥545B.

Nvidia briefly reached a $4 trillion market valuation, making it the first publicly listed company to do so. CEO Jensen Huang's net worth surged by $27.6 billion in 2025, reaching $142 billion. The stock rally was driven by AI momentum and the launch of an AI-powered browser, Comet, positioning Nvidia as a leader in the tech industry.

Alumni Ventures, early backers of fantasy sports app Sleeper, which hit a $400M valuation by 2021, are now betting on gambling addiction care. In August, they invested $1.5M in Kindbridge Behavioral Health. Similarly, gambling-focused VC Bettor Capital backed Kindbridge in March, marking a growing trend in dual investments across betting and treatment.

The AUM of private ARCs in India is expected to decline 4-6% to ₹1.05 lakh crore this fiscal year, following a 15% drop last year. Lower acquisitions and higher redemptions are key factors, with corporate NPAs at a low and retail assets less appealing. New RBI guidelines on stressed asset securitization may prompt ARCs to adapt and explore fee-based models.

Vedanta's share price dropped 1.5% to ₹433.35 on July 10, marking its second consecutive decline. This followed a report by Viceroy Research alleging Vedanta Resources operates a Ponzi scheme, leading to cautious investor sentiment. The company lost a key executive, Chris Griffith, and dismissed the report as malicious. Shares have been volatile since September.

Mutual funds in India saw a strong resurgence in June, with total inflows reaching ₹49,095 crore, a 69% increase from May. Equity funds led with ₹23,568 crore, up 24% month-on-month, driven by demand in Flexi Cap, small-cap, and mid-cap funds. Hybrid funds also saw significant inflows at ₹23,223 crore. Assets under management (AUM) rose to ₹74.40 lakh crore, with equity AUM at ₹33.46 lakh crore.

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After making a bumper debut on the Indian stock market, Crizac share price extended its momentum on Thursday, rallying another 9% to hit the day’s high of ₹334.75 apiece in intraday trade. Crizac share price made a grand entry on the exchanges on Wednesday, listing at ₹281.05 on the NSE, a 14.71% premium over the IPO price of ₹245, and ended its first trading day even higher at ₹307.60.

Rate this item

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Laurus Labs shares surged 19.35% in 11 days, reaching a new high of Rs 799.4. The breakout above Rs 720–725, supported by strong volumes and technical patterns, signals bullish momentum. Analysts target Rs 890–945 in 6–12 months, with support at Rs 720–725. They advise caution for new buyers due to overbought RSI, suggesting strategic entries.

Renowned investor Ashish Kacholia reduced his stake in Jyoti Structures to 1.43% (1.69 crore shares) in Q1FY26, down from 2.04% (2.42 crore shares) in Q4FY25. The company, an EPC player in power and renewable energy, reported mixed financials, with a 15.5% YoY decline in Q4FY25 net profit despite a 27.7% rise in sales. Its stock has fallen 24% in the past year amid volatility.

Motilal Oswal has initiated coverage on Bharat Dynamics with a 'neutral' rating and a target price of Rs 1,900, citing high valuations. The company boasts a strong order book of Rs 227 billion and a surge in exports to Rs 12 billion in FY25. It expects 35% revenue CAGR and 51% PAT CAGR over FY25-28, driven by easing supply chains and diversification into new areas.

Syrma SGS Technology's shares surged over 5% to a 52-week high of ₹682.70, driven by plans to establish India's largest multi-layer PCB and CCL facility with a ₹1,800 crore investment in Andhra Pradesh. Partnering with South Korea’s Shinhyup Electronics, the project aligns with India’s 'Make in India' initiative. JPMorgan initiated coverage with an 'Overweight' rating, forecasting strong growth.

PC Jeweller's shares surged nearly 4% to Rs 19.15 ahead of a July 10 board meeting to discuss fundraising via preferential allotment. The stock has gained 54% in one month, with a market cap of Rs 12,251 crore, nearing its 52-week high. The RSI of 82 indicates overbought conditions, signaling potential short-term consolidation.

Nvidia became the first publicly traded company to reach a $4 trillion market cap as its stock rose 2.8% to $164.42. CEO Jensen Huang's net worth surged $27.6 billion since January, reaching $142 billion, making him the 10th richest person. The AI-driven boom, likened to the iPhone's impact, drove a 1,000% stock increase since 2023.

Tracxn Technologies' shares rose 2.9% to Rs 59.80 after shareholders approved a share buyback at Rs 70 per share, a 21% premium. The buyback involves 11,42,857 shares (1.07% of equity) through a tender offer, funded by cash, aiming to enhance shareholder value. The record date is set for July 18, 2025.

Alumni Ventures, early backers of fantasy sports app Sleeper, which hit a $400M valuation by 2021, are now betting on gambling addiction care. In August, they invested $1.5M in Kindbridge Behavioral Health. Similarly, gambling-focused VC Bettor Capital backed Kindbridge in March, marking a growing trend in dual investments across betting and treatment.

The oil and gas industry is adapting to challenges like wars, natural disasters, and OPEC+ decisions by integrating these risks into pricing models. Companies now have cleaner balance sheets and resilience to price volatility, allowing banks to deploy capital creatively. Banks are focusing on supporting existing clients and smaller M&A deals, particularly for non-operated assets.

Singaporean undergraduates are fiercely competing for membership in campus finance clubs, seen as a crucial step toward securing coveted banking jobs amid a tightening job market. The clubs offer resume-boosting opportunities, with rigorous selection processes and demanding workloads, as students strive to stand out in a highly competitive environment.

Donald Trump threatened 50% tariffs on Brazilian goods, causing the real to drop 3% and the Brazil ETF to fall 2%. Citing concerns over election integrity and free speech, Trump linked the move to Jair Bolsonaro's legal issues. President Lula da Silva responded by convening an emergency meeting, vowing economic reciprocity and defending Brazil's sovereignty, escalating US-Brazil tensions.

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India's Q1 earnings season may mark the end of the downgrade cycle, with midcaps leading the recovery. Mid and small caps are expected to post a 22.4% YoY PAT growth, while Nifty50 earnings may grow just 4-5% YoY. Analysts predict easing downgrades and potential upgrades in future quarters, signaling a gradual economic recovery.

The June 2025 quarter saw ₹3.55 Trillion in net inflows into mutual funds, driven by debt funds, which recorded their best-ever quarterly inflows of ₹2.02 Trillion. Equity funds saw slower net inflows at ₹66,869 Crore, while hybrid funds posted a record ₹58,825 Crore. Passive funds inflows dipped to ₹29,753 Crore. Total AUM rose 13.2% QOQ to ₹74.41 Trillion.

Global central bankers have hesitated to impose strict borrowing limits on large hedge funds, whose role in financial markets has grown significantly, posing risks due to their use of leverage and derivatives. Policymakers lack sufficient data and face industry resistance, leading to watered-down transparency proposals. Hedge funds in the U.S. and U.K. hold record borrowing levels.

Morgan Stanley initiated coverage on Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) with 'Overweight' ratings, setting target prices of ₹508 and ₹485 respectively. This brought them under bulls' radar and led to a 3.12% rise in PFC shares to ₹430.75 and a 2.5% increase in REC shares to ₹401.45 on July 10.

Ashok Leyland shares rose nearly 2% to Rs 254.80 after announcing a 1:1 bonus share issue with a record date of July 16, 2025. The company reported a 38% YoY increase in Q4 net profit to Rs 1,246 crore and a 6% rise in revenue. Analysts have a 'Buy' consensus with a target price of Rs 268, indicating a 6% upside.

Enviro Infra Engineers' shares rose 5% to a six-week high of ₹255 after its joint venture with AltoraPro Infrastructure secured a ₹395 crore order from MIDC for a Common Effluent Treatment Plant project. This is the company's second major order in three weeks, following a ₹306.30 crore EPC contract for STPs in Chhattisgarh. The firm also recently entered the renewable energy sector.

Sanjiv Bhasin, former director of IIFL Securities, has challenged a Sebi order accusing him of front-running and stock manipulation. Sebi barred Bhasin and 11 others from trading, alleging coordinated fraudulent activities by placing orders ahead of stock recommendations on TV and social media. Bhasin denies the allegations, calling the order harsh and seeking a stay.

Asian shares mostly rose after a U.S. tech rally lifted the Nasdaq to an all-time high. South Korea’s Kospi gained 1%, while Tokyo’s Nikkei fell 0.6%. On Wall Street, the S&P 500 and Dow rose, with the Nasdaq climbing 0.9% to surpass its previous record. Nvidia surged, becoming the first public company to exceed $4 trillion in value.

Nvidia, the first company to reach a $4 trillion market valuation, saw its stock rise nearly 3% to a 52-week high, driven by the launch of Perplexity AI's Comet browser, which integrates AI-powered search. A 5% stock increase would surpass India's $4.27 trillion GDP. Nvidia outperformed the Nasdaq Composite, with its stock rallying 24% in the past year.

Cryogenic OGS IPO listing : Cryogenic OGS shares debuted at ₹89.30 on BSE SME, a 90% premium over the ₹47 IPO price. The ₹17.77 crore SME IPO was subscribed 694.90x, with retail at 773.70x and NII at 1155.38x. It raised ₹5.05 crore from anchor investors. Proceeds will fund working capital and corporate expenses.

Vodafone Idea shares, down over 57% in the past year, continue to show a bearish trend with weak momentum and lack of investor interest. Trading near Rs 7.26, the stock faces resistance at Rs 7.80 and support at Rs 7.13. Analysts highlight a long-term downtrend, with AGR dues of Rs 84,000 crore and subscriber losses below 200 million adding to financial strain.

Enviro Infra Engineers, in a joint venture with AltoraPro, secured a Rs 395 crore MIDC project to modernize Kolhapur's CETPs under the Panchganga River initiative. The 24-month contract includes designing and implementing zero liquid discharge systems. Additionally, they received a Rs 306.3 crore order for Chhattisgarh STPs, with the company's market cap at Rs 4,230 crore.

Indian benchmark indices dipped on Thursday, with Sensex down 115 points to 83,420 and Nifty down 36 points to 25,440. Gains in financials were offset by IT sector weakness. Nifty IT fell 0.5%, while Midcap100 and Smallcap100 rose. Enviro Infra Engineers surged 6% after securing a Rs 395 crore project. Global markets were mixed amid U.S. tariff moves and optimism over potential trade deals.

HCL Technologies announced a 10-year partnership with Dunedin City Council to modernize IT services, including cybersecurity, cloud, and network management, using AI and automation. They also partnered with Astemo Cypremos to advance smart vehicle technology, utilizing their platforms to enhance software quality and reduce development cycles. HCLTech shares closed 2% lower.

Waaree Energies' shares rose 1.9% to Rs 3,179 after announcing an OFS of 10,00,000 equity shares in its subsidiary Indosolar Ltd., representing 2.40% of Indosolar's total capital. The move aims to meet Sebi's Minimum Public Shareholding requirements. The OFS will be conducted on July 10 and 11, 2025, through separate trading windows on BSE and NSE.

Ambuja Cements' shares are in focus after its subsidiary ACC commissioned a 1.5 MTPA grinding unit in Jharkhand, raising total capacity to 104.45 MTPA. Q4 2025 saw a 75% YoY rise in standalone net profit to Rs 929 crore, with revenue up 19%. Consolidated profit fell 9% YoY to Rs 956 crore. The stock closed at Rs 590.7, with a target price of Rs 623 and a market cap of Rs 1.45 lakh crore.

The National Company Law Tribunal (NCLT) Mumbai Bench approved the amalgamation of Mahanagar Gas Ltd (MGL) with its subsidiary, Unison Enviro Private Ltd, on July 9. The scheme, effective upon filing the NCLT order with the Registrar of Companies, merges both entities and their shareholders. MGL shares have gained 16.07% year-to-date.

Sebi proposes allowing credit rating agencies (CRAs) to rate financial products regulated by other financial sector regulators, such as unlisted securities. CRAs must establish a segregated unit within six months, separated by a Chinese wall, and provide upfront disclosures to clients. The move aims to address industry gaps and create synergies.

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