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Info Edge Shares Surge 12% to ₹1,144.50 After Q1 Billings Rise 14.4% to ₹737 Crore
Info Edge shares jumped nearly 12% on July 7, 2026, reaching ₹1,144.50 after the company reported strong Q1 FY27 business growth. The rally came after the company posted a 14.4% year-on-year rise in billings to ₹737 crore, reflecting stronger demand across its digital platforms. Investors responded positively as the numbers pointed toward better earnings potential…
Kalyan Jewellers Shares Fall Nearly 9% Despite 38% Q1 Revenue Growth; Stock Hits ₹348.35 Intraday Low
Kalyan Jewellers caught investors off guard on July 7, 2026. The company’s shares dropped nearly 9% and touched an intraday low of ₹348.35, even after reporting a strong 38% year-on-year increase in consolidated revenue for the first quarter of FY27. The sharp sell-off left many investors wondering why the market reacted negatively to what appeared…
Tata Motors Stock Slips 0.99% on NSE; EV Buyers Can Save Up to ₹3.35 Lakh on Select Models
Tata Motors stock slipped 0.99% on the NSE on Tuesday, trading at ₹344 per share. The dip came as Tata Motors Passenger Vehicles rolled out steep EV discounts for July 2026. Buyers can now save up to ₹3.35 lakh on select electric models. The offers target inventory clearance across multiple EV variants. Tata Motors Stock…
Syntiant IPO Filed: Intel, Microsoft-Backed AI Chipmaker Reports $64.5M Revenue, $26.2M Net Loss
On July 7, 2026, AI chipmaker Syntiant filed for a US initial public offering (IPO), taking another step towards becoming a publicly traded company. Backed by Intel and Microsoft, the company reported $64.5 million in revenue and a $26.2 million net loss in its latest filing. Interest in AI chip companies remains strong, and investors…
Dow Futures Gain 0.1%, Nasdaq 100 Drops 0.6% as Samsung Reports 1,900% Profit Increase
Dow futures rose 0.1% early Tuesday, adding 56 points to trade near 53,428. Nasdaq 100 futures fell 0.6% as chip stocks pulled back. Samsung Electronics reported a 1,900% profit increase for Q2 2026, yet its shares still slid. This split reflects growing caution around AI valuations across global markets. Dow Futures Hold Steady After Record…
Richard White Resigns as WiseTech Global Chairman, Raelene Murphy Named Independent Chair
On July 7, 2026, WiseTech Global announced that co-founder Richard White had stepped down as Executive Chairman, bringing another leadership change to the Australian logistics software company. The board appointed Raelene Murphy as Independent Chair with immediate effect. The announcement follows months of governance concerns and investor scrutiny. As WiseTech looks to restore confidence, investors…
Trent Stock Down 10.81% After Slower Growth Warning
Trent stock fell 10.81% on July 7, 2026, hitting a low of ₹2,986 on the NSE. The Tata Group retailer reported 19% year-on-year standalone revenue growth for Q1 FY27. That figure missed analyst estimates of 22-23% growth. Weak store productivity and a slower expansion pace triggered the sharp selloff. Trent Stock Falls on Revenue Growth…
India Market: Sensex Climbs 0.19% as FIIs Return, IT Stocks Rise
On July 7, 2026, India’s stock market traded higher, with the Sensex gaining 0.19% and the Nifty extending its recent strength. The rally came as foreign institutional investors (FIIs) continued buying Indian equities. IT stocks also moved higher as investors prepared for the first-quarter earnings season. Lower crude oil prices added to the positive mood….
China Smartphone Sales Fall 13% During 618 Shopping Festival
China’s smartphone market had a weak showing during the 2026 618 Shopping Festival, one of the country’s largest annual shopping events. Between May 26 and June 21, 2026, smartphone sales fell 13% year over year, even after weeks of promotions and discounts. The decline points to softer consumer spending and higher smartphone prices driven by…