US stocks today: US stocks hits new closing highs on tech strength, Middle East deal hopes
Wall Street ended at record highs on Friday, driven by strong tech earnings and optimism around AI-led growth. Dell’s upbeat forecast lifted chip and software stocks, while investors tracked developments on a potential US-Iran deal. Despite inflation concerns, major indexes posted weekly and monthly gains.
India, Canada launch trade & investment forum
India and Canada have launched a trade and investment forum to boost commercial engagement and enhance connectivity. Commerce Minister Piyush Goyal’s visit also saw discussions on an ambitious economic partnership agreement. Separately, Goyal met with US business leaders in New York to expand trade, investment, and innovation partnerships.
Dell shares soar more than 30% on strong earnings
Following robust financial results, Dell’s stock soared, reflecting a successful pivot toward AI servers that has truly paid off, surpassing the company’s historical reliance on PC sales. This evolution strategically positions Dell at the forefront of the booming AI infrastructure industry. Other server companies also enjoyed beneficial stock trends.
Moody’s upgrades Reliance Industries rating to Baa1, now 2 notches above India’s sovereign rating
The ratings agency said Reliance benefits from “counter-cyclical business segments, significant international exposure (with over one-third of revenues derived from exports), and limited reliance on government-linked revenues,” which support its ability to generate stable earnings across business cycles.
Sebi eases nomination rules for demat accounts, mutual funds. Check full details
SEBI has relaxed nomination norms for demat accounts and mutual funds starting September 1, 2026. Nomination is mandatory for single holders unless opted out, but optional for joint accounts. The process is simplified, reducing documentation and enabling digital submissions.
Notification on blending isobutanol with diesel this year: Road secretary V Umashankar
Speaking at the CII Summit on Friday, road transport and highways secretary V Umashankar said since diesel consumption is almost two times that of petrol consumption, the impact of diesel blending will be far greater on our energy security than even petrol blending. The event saw the launch of a CII Knight Frank Report which […]
RBI to explore CBDC pilot in cross-border transactions
The Reserve Bank of India (RBI) plans to expand its digital rupee pilot to more direct benefit transfer schemes and the domestic retail space in the current fiscal year. Additionally, the RBI is exploring the use of CBDC in cross-border transactions, signing MoUs and engaging in bilateral discussions for pilot projects.
Multibaggers: 15 stocks with 25%+ sales and profit growth in Q4 March 2026
ETMarkets analysis identified 15 multibagger stocks delivering 125%-617% returns within a year, backed by over 25% growth in sales and profits during the March 2026 quarter, signalling strong business momentum.
Vedanta shares jump 2% to hit fresh 52-week high. What’s behind the surge?
Vedanta shares hit a fresh record high after ICRA upgraded the company’s long-term credit rating to AA+ with a stable outlook, marking its highest domestic rating in over a decade. The upgrade reflects stronger profitability, improving leverage metrics and expectations of continued healthy cash flow generation following the group’s ongoing demerger process.
Netweb Technologies jumps 15%, hits fresh 52-week high after rating upgrade
Netweb Technologies shares jumped over 15% to a fresh 52-week high. This rally follows a ratings upgrade by CRISIL Ratings Limited. The company’s long-term rating moved to Crisil A+ Stable. CRISIL expects sustained revenue growth and steady operating margins. Efficient working capital management is also a positive factor. Netweb Technologies offers computing solutions with integrated […]