Jane Street Fallout Wipes Out Rs 1.4 Lakh Crore From BSE and NSE Market Capitalisation
A steep decline has gripped Indian exchange stocks after the high-profile regulatory crackdown on US-based quant trading firm Jane Street, which was barred from participating in Indian markets earlier this month. In just over four weeks, investors have seen a combined Rs 1.4 lakh crore wiped out in the market capitalisation of BSE and NSE. The cascading impact of regulatory scrutiny, crashing derivatives turnover, and cautious sentiment among brokerages has driven BSE and NSE stocks deep into
Jane Street Fallout Wipes Out Rs 1.4 Lakh Crore From BSE and NSE Market Capitalisation
A steep decline has gripped Indian exchange stocks after the high-profile regulatory crackdown on US-based quant trading firm Jane Street, which was barred from participating in Indian markets earlier this month. In just over four weeks, investors have seen a combined Rs 1.4 lakh crore wiped out in the market capitalisation of BSE and NSE. The cascading impact of regulatory scrutiny, crashing derivatives turnover, and cautious sentiment among brokerages has driven BSE and NSE stocks deep into
Tata Consultancy Services posts 6% YoY profit growth, declares Rs 11 dividend for Q1
Tata Consultancy Services (TCS), India’s largest IT services firm, drew market attention after releasing its first quarter results for FY26 following market hours on July 10. The company reported a stronger-than-expected performance, sparking positive sentiment around the stock, which has the potential to test Rs 3,580 levels in the near term, according to analysts. TCS posted a consolidated net profit of Rs 12,760 crore for the quarter ended June 30, 2025, reflecting a 5
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Tata Consultancy Services posts 6% YoY profit growth, declares Rs 11 dividend for Q1
Tata Consultancy Services (TCS), India’s largest IT services firm, drew market attention after releasing its first quarter results for FY26 following market hours on July 10. The company reported a stronger-than-expected performance, sparking positive sentiment around the stock, which has the potential to test Rs 3,580 levels in the near term, according to analysts. TCS posted a consolidated net profit of Rs 12,760 crore for the quarter ended June 30, 2025, reflecting a 5
How to Check Travel Food Services IPO Allotment Status
The IPO allotment for Travel Food Services Limited has been finalised on July 10, 2025, after the public issue closed the previous day. With a total subscription of 3.03 times, including robust demand from qualified institutional buyers (QIBs) and moderate interest from non-institutional investors (NIIs), the spotlight now turns to allotment results. Retail participation, however, remained relatively weak at just 0.73 times.
How to Check Travel Food Services IPO Allotment Status
The IPO allotment for Travel Food Services Limited has been finalised on July 10, 2025, after the public issue closed the previous day. With a total subscription of 3.03 times, including robust demand from qualified institutional buyers (QIBs) and moderate interest from non-institutional investors (NIIs), the spotlight now turns to allotment results. Retail participation, however, remained relatively weak at just 0.73 times.
Nvidia becomes first company to surpass $4 trillion in market value
Nvidia has reached an unprecedented milestone by becoming the first publicly traded company in history to surpass a $4 trillion market valuation. This historic achievement, reached on Wednesday, showcases the company’s rapid ascent in the global technology landscape, driven largely by the surging demand for its artificial intelligence-focused chips. Shares of Nvidia rose by 2.5% in early trading on Wednesday, climbing by $3.97 to exceed $164 per share. This marks a staggerin
100% thrilled
Nvidia becomes first company to surpass $4 trillion in market value
Nvidia has reached an unprecedented milestone by becoming the first publicly traded company in history to surpass a $4 trillion market valuation. This historic achievement, reached on Wednesday, showcases the company’s rapid ascent in the global technology landscape, driven largely by the surging demand for its artificial intelligence-focused chips. Shares of Nvidia rose by 2.5% in early trading on Wednesday, climbing by $3.97 to exceed $164 per share. This marks a staggerin
Dassault Aviation Stock Rises After India Denies Rafale Jet Loss in Operation Sindoor
Dassault Aviation shares saw renewed upward movement for the second straight day after India officially denied reports that any of its Rafale fighter jets were shot down during Operation Sindoor. On July 8, the company's stock opened slightly higher at €297.40, marginally up from the previous close of €297. The development follows weeks of pressure on the stock, which had declined by about 3 percent over the past month, largely due to speculation surrounding the Indian Air Force&rs
Dassault Aviation Stock Rises After India Denies Rafale Jet Loss in Operation Sindoor
Dassault Aviation shares saw renewed upward movement for the second straight day after India officially denied reports that any of its Rafale fighter jets were shot down during Operation Sindoor. On July 8, the company's stock opened slightly higher at €297.40, marginally up from the previous close of €297. The development follows weeks of pressure on the stock, which had declined by about 3 percent over the past month, largely due to speculation surrounding the Indian Air Force&rs
President Trump enforces 25% tariffs on Japan, South Korea; global markets slide
President Donald Trump has imposed 25% tariffs on all goods imported from Japan and South Korea starting August 1. The formal notification was delivered to the governments of both countries, accompanied by warnings that any retaliatory measures would lead to further tariff hikes above the 25% rate. The announcement sent global markets into a tailspin as investors weighed the potential fallout of rising trade tensions. The U.S. stock market opened the week with sharp declines. The
President Trump enforces 25% tariffs on Japan, South Korea; global markets slide
President Donald Trump has imposed 25% tariffs on all goods imported from Japan and South Korea starting August 1. The formal notification was delivered to the governments of both countries, accompanied by warnings that any retaliatory measures would lead to further tariff hikes above the 25% rate. The announcement sent global markets into a tailspin as investors weighed the potential fallout of rising trade tensions. The U.S. stock market opened the week with sharp declines. The
US Firm Jane Street Banned From Indian Securities Market Over Alleged Index Manipulation
Global trading giant Jane Street has been barred from participating in India's securities markets following an investigation by the Securities and Exchange Board of India (sebi). The interim order, issued by the market regulator, accuses the firm and its subsidiaries of manipulating index-based derivative trades in the Indian market to secure massive illegal profits. The ban, announced late last week, restricts Jane Street and four affiliated entities from buying, selling, or dealing in a
US Firm Jane Street Banned From Indian Securities Market Over Alleged Index Manipulation
Global trading giant Jane Street has been barred from participating in India's securities markets following an investigation by the Securities and Exchange Board of India (sebi). The interim order, issued by the market regulator, accuses the firm and its subsidiaries of manipulating index-based derivative trades in the Indian market to secure massive illegal profits. The ban, announced late last week, restricts Jane Street and four affiliated entities from buying, selling, or dealing in a
Barclays and Deutsche Bank Stocks Soar to Highest Levels in Over a Decade
European bank stocks are enjoying a notable upswing, with both Barclays and Deutsche Bank shares reaching their highest levels in over a decade. This rally is being fueled by a combination of easing geopolitical tensions, signs of improving global trade relations—particularly between the United States and China—and robust first-quarter earnings, especially from investment banking divisions. Barclays, one of the UK’s leading financial institutions, has seen its
Barclays and Deutsche Bank Stocks Soar to Highest Levels in Over a Decade
European bank stocks are enjoying a notable upswing, with both Barclays and Deutsche Bank shares reaching their highest levels in over a decade. This rally is being fueled by a combination of easing geopolitical tensions, signs of improving global trade relations—particularly between the United States and China—and robust first-quarter earnings, especially from investment banking divisions. Barclays, one of the UK’s leading financial institutions, has seen its
Brent Crude Falls Below $70 After Ceasefire; Indian Oil Stocks Show Mixed Market Response
Oil sector stocks in India saw notable gains today, largely driven by major geopolitical developments. A ceasefire between Iran and Israel led to a sudden shift in oilarket sentiment, reversing a recent upward trend in crude prices. The announcement resulted in a noticeable decline in global oil benchmarks, which had been elevated due to the prior escalation of tensions. Brent crude, which had surged earlier in the week to a peak of $81.40 per barrel, dropped sharply following the
Brent Crude Falls Below $70 After Ceasefire; Indian Oil Stocks Show Mixed Market Response
Oil sector stocks in India saw notable gains today, largely driven by major geopolitical developments. A ceasefire between Iran and Israel led to a sudden shift in oilarket sentiment, reversing a recent upward trend in crude prices. The announcement resulted in a noticeable decline in global oil benchmarks, which had been elevated due to the prior escalation of tensions. Brent crude, which had surged earlier in the week to a peak of $81.40 per barrel, dropped sharply following the
Markets Tumble, Oil Soars as Iran Strikes Israel: India’s Nifty, Sensex Slide Amid Geopolitical Shock
Global financial markets came under pressure on Friday as Iran launched hundreds of missiles toward Israel in retaliation for earlier airstrikes on its nuclear and military facilities. The geopolitical escalation sparked fears of a wider Middle East conflict, leading to a steep sell-off on Wall Street and sharp gains in oil and gold. The S&P 500 fell 1.1%, while crude oil futures jumped 7.5%, their largest single-day gain in over two years. The VIX fear g
Markets Tumble, Oil Soars as Iran Strikes Israel: India’s Nifty, Sensex Slide Amid Geopolitical Shock
Global financial markets came under pressure on Friday as Iran launched hundreds of missiles toward Israel in retaliation for earlier airstrikes on its nuclear and military facilities. The geopolitical escalation sparked fears of a wider Middle East conflict, leading to a steep sell-off on Wall Street and sharp gains in oil and gold. The S&P 500 fell 1.1%, while crude oil futures jumped 7.5%, their largest single-day gain in over two years. The VIX fear g
Google rolls out employee buyouts as part of broader AI-focused restructuring
Google has initiated a new round of voluntary buyouts aimed at reducing headcount across several major divisions in the United States, including its knowledge and information unit, central engineering, marketing, research, and communications teams. The move is part of Google’s ongoing strategy to manage workforce costs while reallocating resources toward artificial intelligence infrastructure and other business-critical areas. The voluntary exit program (VEP), confirmed by the company,
Google rolls out employee buyouts as part of broader AI-focused restructuring
Google has initiated a new round of voluntary buyouts aimed at reducing headcount across several major divisions in the United States, including its knowledge and information unit, central engineering, marketing, research, and communications teams. The move is part of Google’s ongoing strategy to manage workforce costs while reallocating resources toward artificial intelligence infrastructure and other business-critical areas. The voluntary exit program (VEP), confirmed by the company,
World’s largest wealth fund urges EU to simplify regulation for capital markets reform
The world’s largest sovereign wealth fund, Norges Bank Investment Management (NBIM), is set to submit a formal recommendation to the European Commission this week, calling for streamlined and improved regulation across the EU’s capital markets. The fund argues that the European Union urgently needs simpler and more unified financial market regulation to address long-standing inefficiencies and foster increased investment. In a letter scheduled to be delivered on Tuesday, NBIM unde
World’s largest wealth fund urges EU to simplify regulation for capital markets reform
The world’s largest sovereign wealth fund, Norges Bank Investment Management (NBIM), is set to submit a formal recommendation to the European Commission this week, calling for streamlined and improved regulation across the EU’s capital markets. The fund argues that the European Union urgently needs simpler and more unified financial market regulation to address long-standing inefficiencies and foster increased investment. In a letter scheduled to be delivered on Tuesday, NBIM unde
Tariff Hikes Could Raise Clothing and Shoe Prices by Over 90 Percent
The cost of tariffs remains one of the most contentious and difficult aspects of international trade policy. While politically charged, the real impact on American consumers can be analyzed by modeling how the proposed tariffs influence retail prices of everyday goods. A detailed analysis by retail consultancy AlixPartners shows just how significantly shoppers might feel the pinch under former President Donald Trump’s proposed and existing tariffs, particularly when it comes to commonly
Tariff Hikes Could Raise Clothing and Shoe Prices by Over 90 Percent
The cost of tariffs remains one of the most contentious and difficult aspects of international trade policy. While politically charged, the real impact on American consumers can be analyzed by modeling how the proposed tariffs influence retail prices of everyday goods. A detailed analysis by retail consultancy AlixPartners shows just how significantly shoppers might feel the pinch under former President Donald Trump’s proposed and existing tariffs, particularly when it comes to commonly
GameStop buys $512 million in bitcoin as part of new cryptocurrency investment plan
GameStop has officially entered the cryptocurrency space with a significant move, announcing the purchase of 4,710 bitcoins valued at approximately $512.6 million. This marks the video game retailer’s first major investment in bitcoin, aligning it with a trend pioneered by software firm MicroStrategy, which became well-known for amassing large amounts of the digital currency on its balance sheet. The announcement was made on Wednesday when bitcoin was trading at $108,837,
GameStop buys $512 million in bitcoin as part of new cryptocurrency investment plan
GameStop has officially entered the cryptocurrency space with a significant move, announcing the purchase of 4,710 bitcoins valued at approximately $512.6 million. This marks the video game retailer’s first major investment in bitcoin, aligning it with a trend pioneered by software firm MicroStrategy, which became well-known for amassing large amounts of the digital currency on its balance sheet. The announcement was made on Wednesday when bitcoin was trading at $108,837,
Trump delays 50% EU tariffs to July 9 as markets eye upcoming trade talks
In a decision that briefly stabilized markets while leaving fundamental uncertainties unresolved, U.S. President Donald Trump announced a delay in the implementation of proposed 50% tariffs on European Union goods. Originally set to begin on June 1, the tariffs are now scheduled to take effect on July 9. The delay came after a conversation between Trump and EU Commission President Ursula von der Leyen, who expressed the EU’s readiness to accelerate trade negotiations and reach a fair deal.
Trump delays 50% EU tariffs to July 9 as markets eye upcoming trade talks
In a decision that briefly stabilized markets while leaving fundamental uncertainties unresolved, U.S. President Donald Trump announced a delay in the implementation of proposed 50% tariffs on European Union goods. Originally set to begin on June 1, the tariffs are now scheduled to take effect on July 9. The delay came after a conversation between Trump and EU Commission President Ursula von der Leyen, who expressed the EU’s readiness to accelerate trade negotiations and reach a fair deal.
Clean energy stocks crash as US tax bill threatens solar and wind subsidies
Clean energy companies faced a significant sell-off after a new tax bill proposed in the United States triggered deep concerns across the renewable energy sector. Stocks of major US-based renewable energy firms such as Sunrun, the largest rooftop solar company in the country, and NextEra Energy, the leading developer of solar and wind energy projects, recorded sharp declines in a single trading session. Losses ranged between 7% and an alarming 37%, shaking investor confidence and dragging dow
Clean energy stocks crash as US tax bill threatens solar and wind subsidies
Clean energy companies faced a significant sell-off after a new tax bill proposed in the United States triggered deep concerns across the renewable energy sector. Stocks of major US-based renewable energy firms such as Sunrun, the largest rooftop solar company in the country, and NextEra Energy, the leading developer of solar and wind energy projects, recorded sharp declines in a single trading session. Losses ranged between 7% and an alarming 37%, shaking investor confidence and dragging dow
U.S. credit downgrade challenges momentum from recent market gains
U.S. equities concluded last week with impressive gains, buoyed by a 90-day tariff truce between the United States and China. Technology stocks led the way, with major players such as Tesla and Nvidia delivering standout performances. The agreement to pause tariff increases sparked short-term optimism across markets, especially in the tech-heavy sectors. However, this momentum now faces a fresh challenge following a downgrade of the U.S. credit rating. Moody’s lowered the na
U.S. credit downgrade challenges momentum from recent market gains
U.S. equities concluded last week with impressive gains, buoyed by a 90-day tariff truce between the United States and China. Technology stocks led the way, with major players such as Tesla and Nvidia delivering standout performances. The agreement to pause tariff increases sparked short-term optimism across markets, especially in the tech-heavy sectors. However, this momentum now faces a fresh challenge following a downgrade of the U.S. credit rating. Moody’s lowered the na
Gold drops 3% as US-China tariff deal reduces market fears
Gold prices fell significantly on Monday as investor confidence rebounded in response to a temporary agreement between the United States and China to ease tariffs. The development, seen as a step toward de-escalating prolonged trade tensions, prompted a shift in global risk sentiment and reduced demand for safe-haven assets like gold. Spot gold dropped by 3% to $3,225.28 per ounce in afternoon trading, moving sharply away from the record high of $3,500.05 it reached just weeks ago. Meanwhile, U.
Gold drops 3% as US-China tariff deal reduces market fears
Gold prices fell significantly on Monday as investor confidence rebounded in response to a temporary agreement between the United States and China to ease tariffs. The development, seen as a step toward de-escalating prolonged trade tensions, prompted a shift in global risk sentiment and reduced demand for safe-haven assets like gold. Spot gold dropped by 3% to $3,225.28 per ounce in afternoon trading, moving sharply away from the record high of $3,500.05 it reached just weeks ago. Meanwhile, U.
US stock futures rise after Trump announces UK trade deal and AI chip rollback
Stock futures rose sharply on Thursday following an announcement from President Donald Trump that the United States and the United Kingdom have finalized a major trade agreement. This development sparked enthusiasm across Wall Street, especially in technology stocks, and contributed to a strong premarket rally. Futures tied to the Dow Jones Industrial Average gained 303 points, a 0.7% increase, while futures on the S&P 500 and Nasdaq
US stock futures rise after Trump announces UK trade deal and AI chip rollback
Stock futures rose sharply on Thursday following an announcement from President Donald Trump that the United States and the United Kingdom have finalized a major trade agreement. This development sparked enthusiasm across Wall Street, especially in technology stocks, and contributed to a strong premarket rally. Futures tied to the Dow Jones Industrial Average gained 303 points, a 0.7% increase, while futures on the S&P 500 and Nasdaq
Ford anticipates $1.5B profit hit from new tariffs
In the first quarter of 2025, Ford Motor Company reported earnings that surpassed Wall Street expectations, yet the automaker suspended its full-year financial guidance due to the anticipated impact of newly imposed tariffs. The company estimates that these tariffs will result in a $2.5 billion cost for the year, with a net adverse effect of approximately $1.5 billion on its adjusted earnings before interest and taxes (EBIT) . Ford's decision to withdraw its 2025 guidance r
Ford anticipates $1.5B profit hit from new tariffs
In the first quarter of 2025, Ford Motor Company reported earnings that surpassed Wall Street expectations, yet the automaker suspended its full-year financial guidance due to the anticipated impact of newly imposed tariffs. The company estimates that these tariffs will result in a $2.5 billion cost for the year, with a net adverse effect of approximately $1.5 billion on its adjusted earnings before interest and taxes (EBIT) . Ford's decision to withdraw its 2025 guidance r



