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Astral (NSE: ASTRAL) Shares Tumble 10% to ₹1,339 After Board Approves Chemicals Demerger, Analysts Flag Growth Concerns
Astral shares took a sharp hit on June 29, 2026. Shares of Astral dropped 6.5% to an early market low of ₹1,390 after the opening bell on Monday, June 29, compared to the previous close of ₹1,486.90, according to NSE data. The stock later touched a session low of ₹1,339. The selloff followed board approval…
REC Ltd Share Price Today: REC Ltd Rises 0.37% to ₹366 as PFC–REC Merger Approved, Share Swap Ratio Set at 88:100 with PFC
REC Ltd shares traded around ₹366 on June 29, 2026, gaining 0.37% after a major development in India’s power finance sector. The boards of REC and PFC approved their long-awaited merger, setting a share swap ratio of 88 PFC shares for every 100 REC shares. The move is expected to create a financing giant with…
Persistent Systems Share Price Falls 9% to Hit 52-Week Low of ₹4,404; Stock Under Pressure After IT Selloff
Persistent Systems shares came under heavy selling pressure after falling nearly 9% to a 52-week low of ₹4,404 in late June 2026. The sharp decline reflects growing concerns across the Indian IT sector, where several technology stocks have been hit by weak investor sentiment and fears of slower global spending. With the stock now trading…
Superannuation Loophole Sparks Barefoot Investor’s $200,000 Retirement Warning
Australians are being urged to think twice before accessing their retirement savings early after a growing number of people used compassionate release rules for treatments that may not be essential. Financial experts say that while the system is designed to help people in genuine need, using it for optional procedures could significantly reduce retirement wealth…
UN Halts Strait of Hormuz Evacuation Plan After Cargo Ship Attack
The Strait of Hormuz is once again at the center of global attention after the United Nations temporarily suspended its evacuation operation for stranded commercial ships. The decision came after a cargo vessel was struck near the coast of Oman, raising fresh concerns about maritime security. The incident has also increased uncertainty for global oil…
H&M Increases Margins Despite Weak European Demand
H&M delivered a mixed set of second-quarter results for fiscal 2026. Sales remained under pressure as shoppers across Europe spent less because of inflation and higher living costs. Even so, the fashion retailer improved its profitability through better cost control, lower inventory levels, and reduced discounting. While revenue growth stayed weak, the stronger margin performance…
Apple, Microsoft Raise Prices As Rising Chip Costs Pressure Tech Industry
The global technology industry is entering a new pricing cycle. Apple and Microsoft have announced higher prices for several products as memory and storage chip costs continue to surge. The rapid expansion of artificial intelligence infrastructure has pushed demand for advanced semiconductors to record levels, leaving consumer electronics companies with higher production costs. For investors,…
Crude price relief powers Sensex, Nifty before Muharram break
Indian stock markets ended the week on a positive note as Sensex and Nifty gained support from falling global crude oil prices, stronger banking stocks, and improving global sentiment. Lower oil prices eased concerns about inflation and India’s import bill, helping investors return to equities ahead of the Muharram market holiday. While trading remained selective…
Amazon Pledges Additional $13B India AI Investment by 2030
Amazon (NASDAQ: AMZN) made a landmark commitment to India on June 25, 2026. Amazon CEO Andy Jassy met Prime Minister Narendra Modi in New Delhi and announced plans to invest an additional $13 billion to expand AI and cloud infrastructure in India. The new commitment brings Amazon’s total planned investment in India to $48 billion…