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Sensex crashes 1,677 points as Trump ends Iran ceasefire on July 8
Sensex fell 1,677 points and Nifty50 dropped 517 points on July 8 as Trump ended the Iran ceasefire, sending oil prices up 7.4% and erasing ₹8 lakh crore in investor wealth.
Canada Fights Trump’s 10% Forced Labour Tariffs on July 9, 2026
Canada rejects Trump’s proposed 10% forced labour tariffs, citing new legislation. Democratic AGs call the tariffs unlawful. USTR launched Section 301 investigations in March 2026.
Apollo Micro Systems Acquires 41% of Premier Explosives for ₹1,550 Cr—July 10
Apollo Micro Systems acquires 41% stake in Premier Explosives for ₹1,550 crore. Deal combines defense electronics with missile propellants, creating integrated defense manufacturer.
Kusumgar IPO Closes July 10: 6.31x Subscribed, ₹160 GMP—What Investors Need to Know
Kusumgar IPO closes 6.31x oversubscribed with ₹160 grey market premium. Price band ₹398–₹419. Listing July 15 on NSE and BSE. Check subscription status and key dates.
OpenAI Launches GPT-5.6, Next-Generation AI Model Built for Enterprise-Scale Intelligence and Performance
GPT-5.6 has arrived as OpenAI’s newest enterprise-scale AI model family, and the launch signals a sharper race in advanced workplace intelligence. OpenAI introduced three tiers: Sol, Terra, and Luna. Sol leads as the flagship model, Terra targets balanced daily work, and Luna focuses on lower-cost performance. The rollout began globally today across ChatGPT, Codex, and…
Tokyo Electron Stock Jumps 2.3% as Chip Equipment Demand Surges—July 10
Tokyo Electron (8035.T) rises 2.3% as Japan’s chip equipment market grows 26% to ¥6.55 trillion in FY2026. DRAM and AI server demand drive record orders.
Dell Stock Surges 9% on Trump Endorsement, Raising Ethics Questions—July 9
Dell stock surged 9% after Trump’s endorsement at the White House on July 6. The move marks a pattern of gains tied to Trump’s public praise, though strong AI server demand and record earnings also fuel the rally.
South Indian Bank MD Appointment: Mahesh Pai Gets RBI Nod, Stock Falls 9%
RBI approves Mahesh Muralidhar Pai as South Indian Bank MD & CEO from October 1, 2026. Stock tumbles 9% despite leadership transition. Board approval scheduled July 16.
Dow Falls 576 Points on July 8 as Trump Ends Iran Ceasefire
Dow Jones dropped 576.76 points (1.09%) on July 8 after Trump ended the Iran ceasefire. S&P 500 fell 0.28%, Nasdaq rose 0.20%. Oil jumped 6.32% to $74.89.