US stocks today: US stocks end lower as Iran tensions dampen risk appetite; chipmakers drop
Tech stocks dragged Wall Street lower as escalating US Iran tensions and a renewed blockade lifted oil prices and dented risk appetite. Nasdaq led losses amid chip stock weakness, while energy shares supported the Dow. Investors now await Fed Chair Warsh testimony, inflation data and big bank earnings for directional cues.
FIIs cut stakes, but these 10 stocks rallied up to 220% in just over 3 months
Despite FII stake reductions in the March quarter, several BSE 500 stocks rallied sharply, with top performers delivering returns of up to 220%, highlighting that foreign selling doesn’t always dictate stock performance.
SK Hynix US-listed shares slip nearly 8% as Nasdaq debut euphoria cools
SK Hynix’s US-listed shares fell nearly 8% after a strong Nasdaq debut, as investors booked profits in AI-linked chip stocks. The decline triggered broader weakness across global semiconductor stocks, with sharp losses in Seoul and the US, reflecting growing concerns over valuations and sustainability of AI-driven demand.
SBI Funds reduces IPO size to Rs 9,813 crore after pre-offer placement. Will it impact listing gains?
SBI Funds Management has cut its IPO size to Rs 9,813 crore from Rs 11,693 crore after raising Rs 1,655 crore through a pre-IPO placement with 30 anchor investors. The IPO, entirely an offer-for-sale by SBI and Amundi India Holding, will open on July 14. SBI sold 1.42% stake at Rs 574 per share, the […]
NSE launches Nifty500 Ahimsa Index to track companies aligned with nonviolence principles
NSE Indices Limited has launched the Nifty500 Ahimsa Index for investors. This new thematic index tracks companies aligned with nonviolence principles. Companies are classified using the Ahimsagain Foundation’s AIM framework. Only businesses in the Green category are eligible for inclusion. The index aims to provide ethical investment exposure across sectors.
Sebi tightens ethics rules for current, former employees
India’s Securities and Exchange Board (SEBI) has put in place a two-year cooling-off period for past officials. The new regulations broaden investment restrictions to include the family members of employees. Notably, SEBI personnel are now required to step away from specific issues that involve personal affiliations and must report any future job discussions within a […]
Swiggy shares slide over 2% after FSSAI issues 9 notices over consumer complaints
Swiggy shares fell over 2% on Monday, extending losses for a second session after the Food Safety and Standards Authority of India (FSSAI) issued nine notices to Swiggy Instamart over consumer complaints alleging food safety violations. The regulator has sought a detailed explanation, compliance report and documentary evidence, warning that failure to comply could invite […]
TCS shares rally 8% in 2 days. Time to buy after sharp 32% crash in 2026? Here’s what technical charts indicate
TCS shares have surged 8% over the past two sessions after the IT major reported strong Q1 earnings and announced a multi-million-dollar AI-led network transformation deal with ABB. While technical indicators point to improving momentum, analysts remain divided on whether the recent rally marks the beginning of a sustained trend reversal.
TCS, HCL Tech, Infosys, other IT stocks rally up to 6%, Nifty IT surges 4%. Here’s why
IT stocks led by TCS, HCL Technologies and Infosys rallied sharply on Monday, lifting the Nifty IT index nearly 4% despite weakness in the broader market. The sectoral index climbed to a more-than one-month high and has gained around 6% over the past two sessions.
Cupid shares fall 2% after 131% rally in 3 months; Stock reclassified to BSE Group ‘A’
Cupid Limited shares experienced mild profit booking after a significant rally. The company’s equity shares were reclassified to BSE Group ‘A’ recently. Cupid reported strong Q1 FY27 business momentum, exceeding expectations. Management has raised the FY27 revenue guidance by at least ten percent. Elevated valuations and technical indicators suggest investors will monitor future execution closely.