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Infosys, TCS, Coforge Lead NIFTY IT 4% Higher as Investors Return to Beaten-Down Tech Stocks
The NIFTY IT index surged as much as 3.85% on Tuesday, July 28, 2026, with all 10 constituent stocks trading higher. Coforge led the rally, jumping 9.26% to ₹1,670.00 after reporting stronger-than-expected quarterly results. Infosys gained 3.28% to ₹1,114.60, while TCS, Tech Mahindra, and HCLTech also posted solid gains. The index has now rallied 13%…
New Zealand Shares Unchanged While Asian Equities Retreat on Semiconductor Stock Sell-Off
On July 28, 2026, New Zealand shares held steady while most Asian stock markets slipped during a broad semiconductor sell-off. Sharp declines in major chipmakers across Japan, South Korea, and Taiwan weakened investor sentiment and renewed concerns about technology stock valuations. Even as regional markets struggled, New Zealand remained relatively stable. So, what helped the…
Vanguard Quietly Builds Nearly $1 Billion Strategy Stake Despite Bitcoin ETF Stance
Vanguard has increased its stake in Strategy Inc by $50 million, pushing its holding close to $1 billion. The asset manager now holds roughly 10.5 million shares of the Bitcoin treasury company. This comes despite Vanguard’s long-standing refusal to offer spot Bitcoin ETFs on its brokerage platform. The firm’s exposure stems from passive index tracking,…
ASX Shares Rise as S&P/ASX 200 Climbs 54 Points; Viva Energy (ASX: VEA) Jumps on Strong Earnings Outlook
ASX shares extended gains on Tuesday, July 28, 2026, as falling oil prices lifted investor sentiment. The S&P/ASX 200 Index climbed 0.6%, or 53.80 points, closing at 8,947.80. The All Ordinaries rose 48.20 points, or 0.53%, to 9,112.00. Viva Energy Group led company news, with H1 2026 EBITDA guidance more than doubling from a year…
Nvidia Reportedly Commits Up to $50 Billion for Massive Texas AI Data Center
On July 28, 2026, reports revealed that Nvidia is preparing to commit up to $50.2 billion to a major AI data center project in Texas. If completed, it would rank among the largest infrastructure investments in the artificial intelligence industry. The planned campus could change how AI computing capacity is deployed over the next decade….
Nikkei 225 Slides nearly 4% as Samsung and SK Hynix Lead Global Chip Stock Selloff
Nikkei 225 slid nearly 4% Tuesday, dragged lower by a global chip stock selloff. Japan’s benchmark index fell to 62,350.18, its weakest level since late May. Samsung Electronics tumbled as much as 13.4%, while SK Hynix dropped up to 14%. South Korea’s Kospi index plunged 10.5% to 6,051.19, triggering a trading suspension. Concerns over AI…
RBA Rate Hike Odds Jump to 35% as Unemployment Stays Low on July 28
RBA rate hike odds surge to 35% following strong June jobs data. Markets now price in potential 4.6% cash rate by December 2026, highest since 2011. Mortgage holders face potential triple blow from rates, inflation, and oil prices.
Kospi Index Plunges Over 9% as Global Chip Selloff Sparks Market Panic
South Korea’s Kospi Index plunged as much as 10.5% on Tuesday, July 28, 2026, hitting an intraday low of 6,051.19 points. The rout triggered a full 20-minute trading halt after the index breached its 8% circuit-breaker threshold at 10:13 a.m. local time. Chipmakers Samsung Electronics and SK Hynix led the collapse, tumbling 12% and 12.7%…
Coforge Q1 Earnings: Profit Jumps 63% to ₹519 Crore as Revenue Climbs 49%
Coforge posted a strong Q1 FY27 scorecard on Monday, July 27, 2026, with consolidated net profit rising 63.4% year-on-year to ₹518.6 crore. Revenue from operations climbed 49.2% to ₹5,527.7 crore, up from ₹3,704.4 crore in the same quarter last year. The Noida-based IT firm’s board also declared an interim dividend of ₹4 per equity share,…