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FTSE 100 Today: Index Rises 0.19% as Hormuz Hopes Lift UK Stocks, CAC 40 Gains 0.71%
On 6 August 2026, the FTSE 100 rose 0.19% as growing confidence over safer shipping through the Strait of Hormuz lifted sentiment across European markets. France’s CAC 40 added 0.71%, reflecting stronger appetite for equities despite lingering global uncertainty. Company earnings also helped support the market, while easing concerns about energy supplies gave investors another…
Gold Price Today: MCX Gold Surges Above ₹1.49 Lakh; 24K Gold Reaches ₹1,49,730 as Brent Crude Slips to $79.32
Gold price in India crossed ₹1.49 lakh per 10 grams on Thursday, August 6, 2026. 24-karat gold reached ₹1,49,730, up from ₹1,44,220 recorded on August 1. This rally tracks global bullion strength, as spot gold hit a seven-week high. Brent crude moved in the opposite direction, slipping to $79.32 per barrel the same day. Gold…
GE Vernova T&D India (NSE: GVT&D) Drops Over 8% Despite Q1 Earnings Growth as Margin Pressure Weighs
On 6 August 2026, GE Vernova T&D India (NSE: GVT&D) shares fell more than 8% even though the company reported strong Q1 FY27 earnings. The move caught many investors off guard as both revenue and profit increased from a year earlier. Still, the market looked beyond the headline numbers. Investors focused on softer operating margins…
Hormuz Oil Route Remains Strong as UAE Boosts Crude Exports
On 5 August 2026, global oil markets received encouraging news as crude shipments through the Strait of Hormuz continued without major disruption despite regional tensions. At the same time, the United Arab Emirates increased crude exports by making full use of its production capacity and established export routes. Nearly one-fifth of the world’s seaborne oil…
Federal Reserve Bank Official Warns Inflation May Need Tougher Action
On 5 August 2026, a senior Federal Reserve official said the U.S. central bank may have to take stronger action if inflation does not begin to slow. The warning comes as inflation remains well above the Fed’s 2% target, leaving policymakers under pressure after they decided to keep interest rates unchanged. Investors are now paying…
Costco Canada Recalls Alfa Croissants Over Mould Risk on August 5
Costco Canada recalls Alfa Croissants 24-packs due to mould risk in lot codes 10726 and 08626. Affected products sold June-July 2026 at Costco Business Centres. Full refunds available.
FTSE 100 (^FTSE) Rises 0.41% as U.S.-Iran Hormuz Deal Nears; DAX (+0.49%), CAC 40 (+0.12%) Advance
On 5 August 2026, European stock markets traded higher as expectations grew that the United States and Iran were moving closer to an agreement to restore safe shipping through the Strait of Hormuz, one of the world’s busiest oil routes. The FTSE 100 climbed 0.41%, Germany’s DAX gained 0.49%, and France’s CAC 40 added 0.12%….
Bitcoin (BTC) Tests $64,500 Resistance as Money Flow Index Hits 100; Bulls Eye Breakout Above $64.2K
Bitcoin rose to $64,244 on August 5, 2026, as buyers challenged key resistance. The leading cryptocurrency reached an intraday high of $64,511 before encountering selling pressure. Momentum indicators signal extreme overbought conditions as the Money Flow Index touched 100. Institutional traders now focus on a sustained breakout above $64,200 to confirm further upward momentum. Technical…
Ola Electric Shares Surge 10% as 20 GWh Battery Energy Storage Partnership With Axis Energy Boosts Growth
On August 5, 2026, Ola Electric shares climbed nearly 10% after the company announced a partnership with Axis Energy to deploy up to 20 GWh of Battery Energy Storage Systems (BESS) by 2032. The agreement takes Ola into India’s fast-growing utility-scale energy storage business, expanding its focus beyond electric scooters. With demand for renewable energy…