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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 Jones Falls 1.5% on July 8 as Iran Tensions Push Oil Above $80
Dow Jones fell 1.5% on July 8 as Trump ended Iran ceasefire, oil jumped to $80, and the IMF cut global growth forecasts to 3% amid geopolitical risks and inflation pressure.
FTSE 100 Falls 1.9% on July 9 as Iran Tensions Spike Oil
FTSE 100 falls 1.9% on July 9 as Trump ends Iran ceasefire deal. Oil jumps 8%, energy stocks rise, but AstraZeneca slump weighs on index.
DAX Falls 1.7% on July 9 as Iran Escalation Shakes European Markets
DAX drops 1.7% to 25,036 on July 9 as Trump ends Iran ceasefire and U.S. launches strikes. Oil surges 5%, dragging down German tech and industrial stocks amid Middle East escalation.
Wall Street Today: S&P 500 Futures Gain 0.3%, Nasdaq Futures Climb 0.5% Despite Ongoing U.S.-Iran Tensions
On July 9, 2026, Wall Street futures edged higher even as investors continued to monitor tensions between the United States and Iran. S&P 500 futures rose 0.3%, while Nasdaq futures added 0.5%, suggesting that confidence was returning after recent market swings. Traders are now balancing geopolitical risks with expectations for corporate earnings and upcoming Federal…
Gold Price Today: MCX Gold Slips to ₹1,43,371 While Brent Climbs 1.05% to $78.84; Fed Rate Hike Odds Rise to 68%
Gold price eased on 9 July 2026, with MCX Gold falling to ₹1,43,371 per 10 grams, while Brent crude rose 1.05% to $78.84 per barrel. At the same time, traders raised the probability of another US Federal Reserve rate hike to 68%, putting fresh pressure on precious metals. Gold is losing ground even as oil…
ENB Stock Rallies as Q2 Earnings Loom, Energy Demand Surges—July 9
Enbridge (ENB.TO) trades near all-time highs ahead of Q2 2026 earnings July 31. Energy demand booming from LNG and data centres. Meyka rates ENB B+ with 3-year forecast of C$104.12.
Xiaomi (HK:1810) Unveils Sky Nomad SUV Series, Expanding EV Lineup With Extended-Range Hybrid Models
Xiaomi is making another move in the electric vehicle market. On 9 July 2026, the company introduced its new Sky Nomad SUV series, entering the extended-range electric vehicle (EREV) segment for the first time. The launch expands Xiaomi’s automotive range beyond fully electric models and targets drivers who want extra range without relying entirely on…
ASX Midday Update: Energy Sector Surges Nearly 2% Amid Rising Geopolitical Tensions
Australia’s share market traded mixed at midday on 9 July 2026 as investors moved into energy stocks. The sector climbed nearly 2%, supported by stronger global oil prices after renewed geopolitical tensions raised concerns about crude supply. While oil and gas companies pushed the market higher, several growth sectors remained under pressure. The latest ASX…