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MCX Shares at ₹2,970.80: UBS Signals More Upside After Fresh Upgrade
MCX shares are trading at ₹2,970.80 after UBS upgraded the stock to Buy from Neutral on August 12, 2026. The brokerage raised its price target to ₹3,800 from ₹3,600, citing strong Q1FY27 earnings, favorable regulation, and steady trading volumes. The upgrade reverses UBS’s own downgrade from May 29, 2026, when it flagged concerns over peak…
Chick-fil-A Launches Chicken & Waffles Sandwich August 24 as Fall Menu Debuts
Chick-fil-A debuts Chicken & Waffles Sandwiches on August 24 as breakfast and all-day entrée, plus S’mores Milkshake and Frosted Coffee. Breakfast starts at $4.95, entrée at $7.59.
US 30-Year Bond Yields Hit 19-Year High of 5.23% Ahead of August 12 CPI Report
US 30-year Treasury yields hit 5.23% on August 12, 2026, the highest since 2007. Inflation fears and fiscal deficits are pushing long bonds higher as investors await CPI data.
Asian Stocks Rise as KOSPI Surges on Chip Rally, Nasdaq 100 Futures Gain 0.4% Ahead of US CPI
Asian stocks climbed on August 12, 2026, as a fresh rally in chip shares pushed South Korea’s KOSPI sharply higher. Strong gains in major semiconductor companies lifted technology sentiment, while Nasdaq 100 futures rose about 0.4% before the latest US inflation data. Investors were watching closely to see whether the CPI report would support hopes…
FTSE 100 Live: Index Falls 7.39 Points to 10,836.80 as Investors Await US CPI, Brent Near $89.51
The FTSE 100 fell 7.39 points to 10,836.80 on Wednesday, August 12, as investors remained cautious before a closely watched US inflation reading. The July US CPI report was due later in the day, with economists expecting annual inflation to ease to 3.4% from 3.5% in June. Meanwhile, Brent crude stayed close to $90 a…
Over-65 Savings Interest Tax: Millions Face a Stealth Tax Raid on Retirement Savings
For UK savers aged 65 and over, higher interest income is creating an unexpected tax squeeze. More than 2.1 million pensioners are forecast to pay tax on savings interest in 2026/27, compared with 517,000 in 2022/23. The Personal Savings Allowance has not increased alongside higher returns on cash deposits. As a result, retirees who depend…
Dhoot Transmission IPO GMP: 30% Listing Gain Expected as Molbio Trails at 16%
Dhoot Transmission IPO GMP stood at ₹259 as of August 9, 2026, signaling a 29.74% listing gain over its ₹871 upper price band. That puts the auto components maker well ahead of fellow mainboard debutant Molbio Diagnostics, whose GMP of ₹132 implies a smaller 16.36% premium over its ₹807 upper band. Both issues close for…
Oil Prices Gain With Brent Near $90 as Stocks Turn Mixed Ahead of Key US CPI Inflation Report
Oil prices extended their climb Tuesday, August 11, 2026, with Brent crude up 2.1% to $89.56 a barrel and holding above $89 for a fifth straight session. WTI crude gained 2.4% to $84.14, its highest level this month, as Strait of Hormuz shipping tensions kept energy markets on edge. Stocks turned mixed the same day,…
Godrej Consumer Products Shares Tumble 10% to 52-Week Low of ₹922.50 as CEO Sudhir Sitapati Resigns
Godrej Consumer Products shares plunged nearly 10% on August 12, 2026, after CEO and Managing Director Sudhir Sitapati unexpectedly resigned. The stock touched a fresh 52-week low of ₹922.50 on the NSE, putting the FMCG major under sharp investor pressure. Sitapati’s exit came just months after his reappointment, raising concerns about the company’s leadership transition….