Xtranet Technologies announces IPO dates for launch next week. Check details
Xtranet Technologies will launch its Rs 166.8 crore IPO on July 23 at a price band of Rs 120-127 per share. The issue, comprising a fresh issue of 1.31 crore shares, will fund debt repayment, capital expenditure and working capital, with listing scheduled on July 30.
Longer-dated yields lower after data, on track for weekly decline
Longer-dated U.S. Treasury yields declined on Friday after recent economic data. Markets largely priced out a Federal Reserve rate hike for this month. Import prices increased unexpectedly, while consumer and producer prices showed moderation. Geopolitical worries and hawkish Fed comments added to market uncertainty. Bond yields moved lower, suggesting a flight to safety amid rising […]
Oil settles up on renewed US-Iran hostilities and threat of Red Sea closure
Oil prices climbed significantly on Friday, reaching their highest point in over a month. Escalating hostilities between the United States and Iran intensified attacks across the Gulf region. Shipping routes face potential closure, impacting global oil flows and prices. Saudi Arabia has redirected significant crude exports to avoid the Strait of Hormuz. Ukraine also reported […]
Gold set for biggest weekly drop since early June on inflation, rate-hike worries
Gold prices saw an increase on Friday, driven by escalating U.S.-Iran tensions. These geopolitical events fueled energy prices and inflation concerns, impacting market sentiment. Higher inflation fears reinforced expectations of potential U.S. interest rate hikes by the Federal Reserve. While gold is a hedge against inflation, higher rates typically pressure the non-yielding metal. Other precious […]
Tech selloff weighs on European shares ahead of ECB meeting next week
European stocks edged lower Friday, influenced by a global tech sell-off and Middle East tensions. Investors await the European Central Bank meeting and corporate earnings reports next week. Rising oil prices and subdued reactions to strong results complicated the market backdrop. Tech stocks experienced a significant decline this week, impacting major AI beneficiaries. Utilities and […]
Agentic AI, alternative data and SIFs take centre stage at Indian Institutional Quant Conference 2026
Agentic AI, alternative data and Specialised Investment Funds (SIFs) dominated discussions at the Indian Institutional Quant Conference 2026, where industry leaders, academics and policymakers explored the evolving role of quantitative investing, AI-driven strategies and regulatory developments shaping India’s institutional investment landscape.
US stocks today: US stocks end lower for the day and week as chip selloff broadens
Wall Street declined as AI-driven chip stocks extended losses, triggering broader risk-off sentiment. Semiconductor shares saw sharp weekly declines, while energy stocks gained on rising oil prices amid Middle East tensions. Despite strong early earnings, including bank results, weak forecasts from companies like Netflix weighed on investor confidence.
Sebi warns listed firms, regulated entities against rising ‘Boss Scam’ cyber fraud
Sebi has issued a warning to all regulated entities regarding a rising cyber fraud known as the ‘Boss Scam’. In this scheme, fraudsters masquerade as senior executives to deceive finance teams into executing fund transfers. The scam employs various channels such as email, WhatsApp, and even sophisticated AI tools like voice cloning to execute their […]
Tata Technologies Q1 Results: Profit rises 6% to Rs 180 crore
Tata Technologies has achieved an impressive 6.2 percent increase in profits for the June quarter, alongside a notable rise in consolidated revenues year-over-year. A strategic partnership worth USD 100 million with Tenneco showcases the company’s dynamic approach. Furthermore, a leading Japanese automotive OEM has chosen Tata Technologies for a comprehensive vehicle engineering program, paving the […]
Rs 9,000 crore bet! Reliance Industries promoters increase stake by 0.5% in June quarter
Reliance Industries’ promoters increased their stake to 50.48% in the June quarter through market purchases worth an estimated Rs 8,500–9,000 crore. The move signals confidence despite the stock’s weak performance, earnings misses and challenges across retail and oil-to-chemicals businesses.