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Mitessh Thakkar Suggests Buying Chola Finance, GAIL, Jio Financial; Exit LIC Housing
Market expert Mitessh Thakkar flagged four stocks in his latest technical picks on CNBC-TV18: buy calls on Cholamandalam Investment and Finance, GAIL India, and Jio Financial Services, alongside an exit call on LIC Housing Finance. The picks come amid a mixed Q1 FY27 earnings season, where each of these four names posted sharply different results. …
Muthoot Finance Shares Sink 10% After Weak Q1 Earnings Trigger Downgrades
Muthoot Finance shares sank nearly 11% to ₹2,785.90 on August 3, 2026, down from Friday’s close of ₹3,119.60. The drop came after standalone Q1 FY27 profit missed Street estimates by roughly 20%, even as consolidated profit rose 43% year-on-year. Gold loan yield compression and rising competitive intensity drove the sell-off, prompting Motilal Oswal to cut…
ITC Stock Rises After Cigarette Business Shows Resilience Following Tax Increase
ITC stock climbed to ₹291.85 on August 3, 2026, up from ₹281 on July 31. The rally came days after ITC posted a 27% drop in standalone net profit to ₹3,578.82 crore for Q1 FY27. Consolidated revenue still rose 27.64% year-on-year to ₹29,523.30 crore. Investors focused on the cigarette segment’s pricing resilience despite February’s steep…
Alan Joyce Reflects on Life After Qantas as Memoir Sparks Debate
Ex-Qantas boss Alan Joyce says he won’t return to corporate life after releasing memoir. Chair John Mullen urges him to leave the past behind amid ongoing controversy over his leadership.
Nvidia CEO Huang Predicts Six-Figure Trade Jobs as AI Data Centers Boom
Nvidia CEO Jensen Huang says the $7 trillion global AI data center buildout will create six-figure jobs for electricians and plumbers. McKinsey estimates the US needs 130,000 more electricians by 2030.
FIFA Chief Infantino’s Position Crumbles After Failed $20B World Cup Sale Plan
FIFA President Gianni Infantino’s $20 billion World Cup investment plan was scrapped after global backlash. UEFA says he has lost their confidence, and his March 2027 reelection is now in jeopardy.
WestJet Strike Cancels 309 Flights as 4,400 Attendants Walk Out August 2
WestJet flight attendants strike August 2, canceling 309 flights. Union of 4,400 crew members seeks hourly pay for ground duties. CEO offered double-digit raise rejected by union.
Idaho In-N-Out Shooting Leaves 3 Dead, 7 Injured on August 1
Three people killed and seven injured in shooting at In-N-Out Burger in Twin Falls, Idaho on August 1. Suspect found dead near the scene. Police still investigating motive.
BAE’s Brontanax Drone to Use US Engine After Rolls-Royce Pricing Row
BAE Systems’ Brontanax autonomous drone will use Williams International engine after pricing dispute with Rolls-Royce over its Orpheus demonstrator. Over 70 UK firms involved but Rolls-Royce excluded.