Nikkei, Kospi lead losses in Asia amidst volatile moves in tech stocks
The broader Asian equity gauge fell 0.6%, while South Korea’s tech-heavy Kospi dropped 1.8%. Japan’s Nikkei was down 2.79%, while the broader Topix index fell 0.7%.
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Why Boeing and Airbus could be a game changer for some Indian auto stocks
Indian auto component makers expanding into aerospace and defence could unlock a significant new growth avenue, according to fund manager Rajesh Kothari. He believes even a small share of sourcing by global aircraft giants such as Boeing and Airbus could…
Dr Reddy’s receives Form 483 with 7 observations after USFDA inspection at Hyderabad facility
Shares of Dr Reddy’s Laboratories Ltd ended at ₹1,351.00, up by ₹22.65, or 1.71%, on the BSE.
Aastha Spintex IPO to open on June 29; aims to raise ₹170 crore
Proceeds from the public issue will be used towards part payment for the acquisition of Falcon Yarns Pvt Ltd, funding the working capital requirements of the acquired company through inter-corporate deposits, and for general corporate purposes.
Adani to build mini cities around six airports with ₹20,000 crore investment
Adani Airport Holdings plans to invest over ₹20,000 crore in the first phase of airport city projects across six airports, combining hotels, offices, retail, entertainment and convention centres into integrated urban hubs connected to major transport networks.
RBI notifies final credit derivatives directions, expands risk-management tools
The RBI has issued final directions for credit derivatives, paving the way for products such as credit index derivatives and total return swaps while expanding risk-management options for market participants as part of broader bond market reforms.
Why this fund manager believes the worst may be over for stocks — and sees 10-15% more upside
Easing crude prices, moderating inflation risks and a likely revival in corporate earnings could improve investor sentiment and support further gains in Indian equities, according to AlfAccurate Advisors’ Rajesh Kothari.
US stocks rise at open as investors weigh inflation data and AI-driven rally
US stocks opened higher on Thursday as investors digested fresh inflation data while continued strength in semiconductor and AI-linked stocks lifted sentiment. Wall Street was also supported by a rally in chipmakers after strong earnings from Micron Technology.
Godrej Industries infuses ₹370 crore into subsidiary Godrej Investment
Shares of Godrej Industries Ltd ended at ₹1,158.15, up by ₹4.90, or 0.42%, on the BSE.
Micron shares surge 18% as blockbuster forecast reignites AI trade
Micron shares surged 18% after the memory chipmaker reported record results, issued a stronger-than-expected forecast and unveiled long-term customer agreements that underscored relentless AI-driven demand.