📰 Latest Economy & Stock Market News
Missed the AI rally? After bumper 600% market debut, Chinese robot maker Unitree's CEO still feels a software leap is years away
Updated at : 2026-08-21 15:30:02

Chinese humanoid robot maker Unitree made a spectacular stock market debut in Shanghai, with shares soaring 600% over the IPO price. However, CEO Wang Xingxing cautioned that a major software breakthrough for humanoid robots could still be years away, despite growing optimism around embodied AI and the global robotics market.

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Bitcoin jumps 9% in a single day to cross $79K as institutional flows, regulatory optimism fuel crypto rally
Updated at : 2026-08-21 15:25:01

Bitcoin surged nearly 9% to cross $79,000 as institutional inflows, a sharp short squeeze and regulatory optimism fuelled a broader crypto rally. Ethereum also gained over 5%, while major altcoins rallied up to 17.48%. Analysts said the breakout marks a shift in momentum but cautioned investors to expect volatility and possible consolidation after the rapid gains.

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Quadria Capital-backed Nobel Hygiene files IPO papers to raise Rs 150 crore
Updated at : 2026-08-21 15:20:02

Nobel Hygiene has filed its DRHP with SEBI for an IPO comprising a fresh issue of up to Rs 150 crore and an offer for sale of up to 15.51 million shares. The company plans to use the fresh issue proceeds for debt repayment, subsidiary investment and manufacturing expansion, as it seeks to capitalise on India’s fast-growing adult absorbent hygiene market.

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Jefferies retains Buy on Crompton Greaves; sees up to 29% upside
Updated at : 2026-08-21 14:30:03

Jefferies retained its Buy rating on Crompton Greaves Consumer Electricals with a Rs 330 target, implying nearly 29% upside. The brokerage expects the company’s premiumisation strategy, market share gains, new product categories and margin expansion to drive a 12% revenue CAGR and 18% EPS CAGR through FY29.

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Global Market: BOJ's July 2027 meeting could shape Japan's rate path
Updated at : 2026-08-21 14:20:02

The Bank of Japan’s July 2027 policy meeting is drawing attention after being scheduled for July 21-22, allowing hawkish board members Naoki Tamura and Hajime Takata to vote just before their terms expire on July 23. The timing could prove important for the BOJ’s rate-hike path as inflation pressures persist and a potential board reshuffle approaches.

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Why Jefferies’ Chris Wood sees gold as the second-best hedge amid Iran war and fiscal risks
Updated at : 2026-08-21 13:45:02

Jefferies’ Christopher Wood sees gold as the second-best hedge for investors amid rising geopolitical and fiscal risks linked to the Iran conflict. While he prefers oil and energy stocks as the primary hedge, Wood expects gold and gold miners to benefit from renewed monetary easing expectations, geopolitical shocks and persistent fiscal concerns.

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Vedanta Aluminium shares rise 2% as firm expands automotive portfolio with two advanced alloys. What’s ahead?
Updated at : 2026-08-21 13:40:02

Vedanta Aluminium Metal shares gained more than 2% after the company launched two advanced offerings under its Primary Foundry Alloy range for high-performance automotive applications. The new products, unveiled at AutoEdge 2026, come as the company expands its value-added aluminium portfolio and targets growing demand from the automotive sector.

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Aditya Infotech shares can rally up to 27%? Why Motilal Oswal initiated coverage on the stock
Updated at : 2026-08-21 13:35:02

Motilal Oswal sees 27% upside in Aditya Infotech, citing strong surveillance demand, rising market share, STQC norms and improving margins. The brokerage expects robust revenue and profit growth through FY28, supported by higher-value products, backward integration and lower competitive intensity.

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MCX shares jump 8% in 3 days as gold, silver futures rise. What lies ahead for investors?
Updated at : 2026-08-21 13:30:02

MCX shares rose in three sessions to Rs 3,211, tracking a third straight session of gains in gold and silver prices amid a weaker US dollar and easing concerns over long-term yields. The stock has gained 15% in a month, 45% so far this year and 101% over the past year, while delivering a staggering 932% return in three years and 970% in five years.

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