South Korean stocks experienced a significant decline on Tuesday. This downturn was driven by a global selloff in chipmakers and rising competition from China. SK Hynix shares dropped sharply, impacting the broader market significantly. Samsung Electronics also saw a considerable decrease in its stock value. Concerns over China’s growing capacity and technological advancements further dampened...Read More
Brent crude futures were down $0.78, or 1%, at $88 a barrel, while US West Texas Intermediate crude fell $0.88, or 1.1%, to $82. Both benchmarks had dropped 1% earlier in the session, touching their lowest levels in more than a week.Read More
Gold prices edged lower as the dollar strengthened, impacting bullion values. Markets are closely watching the Federal Reserve’s upcoming policy decision for rate clues. President Trump urged the Federal Reserve to lower interest rates for the United States. China’s gold imports via Hong Kong saw a significant year-on-year increase in June. Other precious metals like...Read More
The June-quarter earnings season has now begun, and we will be tracking this closely as results come in, with more insights to follow through the season.Read More
The benchmark Kospi plunged 551 points, or 8.1%, to 6,2505. The steep decline triggered “sidecar” trading curbs on both the Kospi and the junior Kosdaq index, temporarily halting programme trading.Read More
On July 27, five stocks in the Nifty500 pack rallied over 2% above their Volume Weighted Average Price (VWAP), according to StockEdge’s technical scan data. A move above the VWAP is considered a bullish technical signal, indicating buying interest and positive market sentiment that could support further upside momentum.Read More
Oil prices dropped as market participants assessed a pause in US strikes on Iran. Hopes for a diplomatic solution eased concerns about Middle East energy flows. President Trump indicated positive talks with Iran, but warned of resuming strikes if negotiations fail. Analysts noted reduced traffic through key shipping straits and demand destruction in Asia. US...Read More
Adani Energy Solutions has launched a qualified institutional placement to raise funds. The company aims to secure ₹3,500 crore through this share issuance. Proceeds will support capital expenditure and debt repayment plans. Potential acquisitions and general corporate needs are also covered. This placement offers shares at a discount to market prices.Read More
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