Sebi has imposed a Rs 1 crore penalty on CDSL for cybersecurity failures that enabled a 2022 malware attack, disrupting depository operations and market settlements. The regulator cited inadequate protection of critical systems, weak access controls and poor security monitoring despite prescribed cybersecurity requirements.
IREN shares surged after the company secured $2.8 billion in AI cloud contracts and raised its 2026 revenue target. Strong demand for GPU infrastructure, backed by major clients like Microsoft and Nvidia, highlights its shift from bitcoin mining to AI, with capacity expansion and prepayment-backed deals supporting growth visibility.
Markets remain cautious amid rising geopolitical tensions, higher crude prices and inflation concerns. Despite global headwinds, encouraging Q1 earnings support sentiment. Analysts recommend buying Jana Small Finance Bank and Lloyds Metals after bullish technical breakouts backed by strong volumes and positive moving averages.
Steptrade Capital has raised over Rs 100 crore in the first close of its Rs 500 crore Chanakya Opportunities Fund II. The Category II AIF will invest in growth-stage pre-IPO companies across manufacturing, energy transition and emerging technology sectors, beginning deployments in August.
The Nasdaq-100’s largest companies continue to dominate global technology, AI, cloud computing and digital markets. Nvidia and Apple lead by market value, while Amazon tops revenue, reflecting the scale, innovation and financial strength driving the world’s biggest technology businesses.
Sobha Ltd experienced remarkable growth in net profit for the June quarter, seeing a threefold increase compared to last year. Significant gains in total income were reported, alongside record-breaking quarterly sales attributed to new project launches. A striking seventy-six percent rise in sales bookings reflects robust housing demand, positioning Sobha Ltd to maintain this upward momentum with a promising project pipeline.
Wall Street opened higher as chip stocks rebounded from last week’s sharp decline, supporting gains across major indexes. Investors are now focused on upcoming earnings from leading technology companies driving the AI rally, with sentiment stabilising despite recent volatility and ongoing uncertainty around interest rates and global risks.
Aastha Spintex will consider a 1:1 bonus issue, a final FY26 dividend of up to Rs 10 per share, and textile expansion plans on July 23. Despite shares falling over 22% below the IPO price, the company aims to strengthen long-term growth through forward integration.
On Monday, Indian government bonds remained stable as crude oil prices dipped, driven by renewed optimism surrounding U.S.-Iran negotiations. The benchmark 2036 bond yield held steady, mirroring previous trading patterns. Foreign investors returned to the Indian bond market, seizing opportunities at elevated yields following earlier sell-offs. However, lingering concerns about the U.S.-Iran situation and a potential monsoon deficit continue to weigh on investor sentiment.
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