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FTSE 100 Falls 0.61% as Gulf Conflict Escalates; DAX Drops 1.10%, CAC 40 Loses 0.82%
📅 in about 4 hours

FTSE 100 Falls 0.61% as Gulf Conflict Escalates; DAX Drops 1.10%, CAC 40 Loses 0.82%

The FTSE 100 fell 0.61% on July 8, 2026, as Gulf conflict tensions escalated sharply. Germany’s DAX dropped 1.10%, while France’s CAC 40 lost 0.82% during the same session. Bahrain sounded missile alert sirens for a third time Wednesday morning. Iran and Kuwait exchanged fire following overnight U.S. strikes on Iranian targets. Oil prices jumped…

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Marksans Pharma (NSE: MARKSANS) Rises Nearly 4% After Acquiring Germany’s ABCnow GmbH
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Marksans Pharma (NSE: MARKSANS) Rises Nearly 4% After Acquiring Germany’s ABCnow GmbH

On July 8, 2026, Marksans Pharma (NSE: MARKSANS) climbed nearly 4% after announcing the acquisition of Germany-based ABCnow GmbH. The deal comes only weeks after the company’s expansion into the Netherlands and reflects its continued focus on growing in regulated international markets. Investors are now watching whether these overseas acquisitions will increase revenue, widen the…

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PC Jeweller (NSE: PCJEWELLER) Jumps 6.48% After Debt Repayment, Targets Debt-Free Status in Q2 FY27
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PC Jeweller (NSE: PCJEWELLER) Jumps 6.48% After Debt Repayment, Targets Debt-Free Status in Q2 FY27

On July 8, 2026, PC Jeweller (NSE: PCJEWELLER) shares climbed 6.48% after the company confirmed it had repaid outstanding dues to two consortium banks. The announcement added another positive update to its financial recovery plan and kept management on track for its goal of becoming debt-free by Q2 FY27. Investors responded quickly, reflecting renewed confidence…

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OpenAI Launches GPT-5.6 After US Clears Wider Release; Advanced AI Model Debuts on Thursday
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OpenAI Launches GPT-5.6 After US Clears Wider Release; Advanced AI Model Debuts on Thursday

OpenAI will launch GPT-5.6 publicly on Thursday, July 9, 2026, after US government approval. The Trump administration cleared a broader rollout following weeks of testing and coordination. CEO Sam Altman confirmed the news directly on X on July 8. OpenAI introduced the GPT-5.6 family with three models: Sol, Terra, and Luna.  OpenAI first previewed these…

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KOSPI Slides 5.7%, Nears Bear Market as Samsung (005930.KS) Drops 6.9% and SK Hynix (000660.KS) Falls 5%
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KOSPI Slides 5.7%, Nears Bear Market as Samsung (005930.KS) Drops 6.9% and SK Hynix (000660.KS) Falls 5%

South Korea’s KOSPI index tumbled 5.7% on July 8, 2026, pushing the benchmark toward bear market territory. Samsung Electronics dropped 6.9%, while SK Hynix fell 5%. The selloff extended a brutal stretch that began with a historic circuit breaker in Samsung shares on July 7. Foreign investors dumped hundreds of billions of won in semiconductor…

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Mahesh Muralidhar Pai Set to Head South Indian Bank Following RBI Clearance
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Mahesh Muralidhar Pai Set to Head South Indian Bank Following RBI Clearance

Mahesh Muralidhar Pai will become South Indian Bank’s next Managing Director and CEO. The Reserve Bank of India approved his appointment through a letter dated July 7, 2026. Pai’s three-year term begins on October 1, 2026, succeeding outgoing CEO P R Seshadri.  He currently serves as Chief General Manager at Canara Bank, leading digital banking…

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SENSEX Drops 530 Points, NIFTY50 Slips to 24,244 as West Asia Tensions Drive Oil Prices Higher
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SENSEX Drops 530 Points, NIFTY50 Slips to 24,244 as West Asia Tensions Drive Oil Prices Higher

On July 8, 2026, Indian stock markets came under heavy selling pressure after fresh tensions in West Asia pushed global crude oil prices higher. The BSE Sensex lost more than 530 points, while the NIFTY50 slipped to 24,244 as investors turned cautious. Because India relies heavily on imported crude oil, any sharp increase in oil…

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Kalyan Jewellers Shares Could Surge 97% as Citi Sees Strong Long-Term Growth
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Kalyan Jewellers Shares Could Surge 97% as Citi Sees Strong Long-Term Growth

Kalyan Jewellers shares carry a bold new call from Citigroup this week. The brokerage reiterated its Buy rating with a target price of ₹700. That target implies roughly 97% upside from the stock’s ₹355.80 close on July 7, 2026. Citi flagged strong long-term growth despite a Q1 FY27 revenue miss.  Its market capitalization stood at…

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IRS COVID Tax Portal Now Live: File Your Kwong Refund Claim Before Friday
📅 35 minutes ago

IRS COVID Tax Portal Now Live: File Your Kwong Refund Claim Before Friday

The IRS COVID tax refund window is closing fast for certain taxpayers. On July 7, 2026, the IRS launched an online option for Form 843 claims tied to Kwong v. United States. This new IRS COVID tax portal lets individuals file protective refund claims electronically. The catch: most taxpayers must act before July 10, 2026….

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