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Sterling & Wilson Renewable Shares Jump 7.3% to ₹260.80 on Reports of $560 Million Egypt Solar Project Win
Sterling & Wilson Renewable (NSE: SWSOLAR) surged 7.3% to an intraday high of ₹260.80 on June 23, 2026, from a prior close of ₹242.91. The catalyst was a reported $560 million EPC contract win for the West Minya Solar Power Project in Egypt, secured through a joint venture with Hassan Allam Construction. The project is…
Telecom Plus Shares Crash 30% After Warning 2027 Profits Will Be Meaningfully Lower
Telecom Plus shocked investors after warning that profits for the financial year ending March 2027 will be significantly lower than the year just reported. The market reacted sharply, sending the stock down more than 30% in early trading. The selloff came even though the Utility Warehouse owner delivered record customer numbers, higher revenue, and solid…
FTSE 100 Falls 0.71% as Investors Assess Post-Starmer Political Uncertainty and Burnham Transition
The FTSE 100 moved lower on Tuesday as investors weighed the political impact of Prime Minister Keir Starmer’s resignation and the growing possibility of Andy Burnham taking over the country’s leadership. Market participants also monitored broader European weakness, currency movements, and concerns about future fiscal policy. The decline came after a brief relief rally a…
SpaceX Shares Plunge 31% From Post-IPO Peak, Fall Over 16% in One Day Despite Raising $85 Billion in Landmark Listing
SpaceX has witnessed a sharp reversal in investor sentiment just days after completing the largest IPO in market history. After soaring following its Nasdaq debut, the stock has now fallen about 31% from its post IPO peak and dropped more than 16% in a single trading session, erasing a large portion of its early gains….
ASX 200 Closes Down 0.33%, Iluka Resources Plunges 10.7% While Temple & Webster Gains 4.2%
The ASX 200 ended June 23, 2026, at 8,800 points, down 0.33% on the session. Tech, mining, and energy sectors led the losses, while logistics, industrial services, and healthcare offered modest support. Investors are also awaiting key US inflation data this week for clues on the Fed’s policy path, while locally, attention is turning to…
Bharti Airtel (NSE: BHARTIARTL) Shares Turn Positive After Increasing Airtel Africa Stake to 79% in ₹28,200 Crore Deal
Bharti Airtel (NSE: BHARTIARTL) shares recovered and turned positive after the company’s landmark ₹28,200 crore Airtel Africa stake consolidation received near-unanimous shareholder approval on June 15, 2026. The deal raises Airtel’s indirect ownership in the Africa business from 62.73% to 79.04%. BHARTIARTL was trading around ₹1,910.80 recently, within a 52-week range of ₹1,740.50 to ₹2,174.50….
Syrma SGS Technology (NSE: SYRMA) Surges 3.95% After Signing Kaga Electronics JV to Build Advanced EMS Facility in India
Syrma SGS Technology shares jumped 3.95% to ₹1,388.05 on the NSE on June 23, 2026, following a strategically significant announcement. The Chennai-based electronics manufacturing services (EMS) company executed a joint venture agreement with Kaga Electronics India Private Limited to establish, develop, and operate a technologically advanced EMS manufacturing facility in India, with a dedicated focus…
South Korea’s KOSPI Plunges Over 5% as Investors Take Profits After AI-Fueled Semiconductor Rally
The South Korean stock market saw a sharp reality check as the KOSPI index dropped more than 5% in a single session, ending its recent AI-driven semiconductor rally. The fall came after weeks of strong gains led by chipmakers, during which investors started locking in profits. The sudden reversal shocked traders and raised fresh concerns…
APOLLO (APO) $26 Billion Private Credit Fund Caps Redemptions at 5% After Investors Seek to Withdraw 16.8%
Investors are closely watching APOLLO after its $26 billion private credit fund moved to restrict withdrawals. The fund saw redemption requests surge to 16.8%, far above its allowed liquidity buffer. In response, it capped investor redemptions at just 5%, signaling stress in private credit liquidity conditions. The move highlights growing caution in alternative credit markets…