US stocks today: S&P 500, Nasdaq close lower amid mixed show by tech stocks ahead of earnings
U.S. markets ended mixed with Nasdaq under pressure as software stocks dragged while chip stocks gained. Investors remained cautious ahead of key earnings from Alphabet and Tesla Inc.. Rising oil prices and geopolitical tensions added inflation concerns, keeping market sentiment volatile despite ongoing AI-driven optimism.
Indo-MIM IPO opens tomorrow; GMP signals 37% listing premium. Check price band, dates and key details
Indo-MIM’s Rs 3,811-crore IPO opens on July 23 with a strong grey market premium of about 37%. The precision engineering manufacturer plans to repay debt using fresh issue proceeds, while analysts highlight its global MIM leadership, diversified operations, and robust financial growth supporting long-term prospects.
Sterlite Tech shares tumble 27% from June peak after 400% surge in 2026. Should you catch this falling knife?
Sterlite Technologies shares have seen a notable correction after a substantial rally. Analysts suggest this pause is normal within a broader bullish trend. A recent large order from a US hyperscaler bolsters fundamental outlook. India’s data center industry expansion fuels demand for optical fiber infrastructure. Investors are weighing profit booking against potential future gains.
BlueStone Jewellery shares soar 29% in 2 days after stellar Q1 show. Should you buy, sell or hold the stock?
BlueStone Jewellery shares have surged nearly 29% in two sessions after the company swung to profit in Q1 FY27 and delivered strong revenue and EBITDA growth. While Systematix reiterated its Buy rating with a target price of Rs 832, investors are assessing whether the rally has more room to run.
Q1 Results today: Eternal, Nestle, IndusInd Bank among 63 companies announcing June earnings. What to expect?
A packed earnings day awaits Dalal Street, with Eternal, Nestlé India, IndusInd Bank and over 250 companies set to report June quarter results. Investors will also track BPCL, HPCL and Adani Group firms, while markets continue to react sharply to recent earnings from Bandhan Bank, TVS Motor and Bajaj Auto.
AI-focused E2E Networks shares hit 5% upper circuit as firm swings to black in Q1, revenue soars 334%
AI-focused cloud provider E2E Networks hit the upper circuit after reporting a sharp turnaround in Q1FY27, posting a net profit of Rs 44 crore against a year-ago loss. Revenue more than quadrupled, while EBITDA and margins surged, driven by strong demand for AI infrastructure and expanded GPU deployment.
MedPlus Health shares tumble 16% after Q1 profit falls 21% YoY. Should you buy, sell or hold?
MedPlus Health Services shares tumbled after the company reported a weaker-than-expected Q1FY27. Despite healthy 21.9% revenue growth to ₹1,880 crore, investors were disappointed by the profitability miss. Brokerage Nomura maintained its ‘Buy’ rating, highlighting MedPlus’ long-term growth potential driven by its store expansion strategy.
Vedanta Oil & Gas shares fall over 3% after firm discloses two legal matters involving ONGC, GoI
Vedanta Oil & Gas share slipped on Wednesday after the company disclosed two legal matters involving the Directorate General of Hydrocarbons and ONGC. While DGH has sought about $35 million plus interest over OALP blocks, ONGC is pursuing enforcement of a $37 million arbitral award before the Delhi High Court.
Bandhan Bank shares crash 10% after Q1 results; lender cuts RoA guidance. Should you buy, sell or hold?
Bandhan Bank shares fell sharply on Wednesday after the lender cut its RoA guidance, overshadowing a 35% year-on-year rise in Q1FY27 net profit. Motilal Oswal downgraded the stock to ‘Neutral’, citing pressure on margins and earnings. The brokerage also lowered its FY27 and FY28 earnings estimates despite lower provisioning supporting quarterly profit.
SBI Funds shares fall 3%, but brokerages scream ‘Buy’ with target price up to Rs 750
SBI Funds Management shares fell after their market debut, but brokerages remain bullish, with Emkay and Equirus citing strong fundamentals, SBI’s distribution strength and long-term growth prospects while assigning target prices of up to Rs 750.