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SCHD ETF Surges 19.84% YTD as Dividend Stocks Outpace Growth—July 10
SCHD ETF returns 19.84% YTD with $13B inflows as dividend stocks beat S&P 500. 0.06% expense ratio, 3.3% yield. Meyka grades it B/Hold with $32.45 target.
Vedanta Oil & Gas Falls 9.5% on Q1 Production Update—July 10
Vedanta Oil & Gas shares fell 9.5% on July 6 after Q1 production update. The demerged entity faces headwinds from MSCI deletion and passive fund outflows amid broader Vedanta Group volatility.
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.
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.
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.