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TCS (NSE: TCS) Surges 12% in Five Sessions as AI Optimism Sparks IT Stock Rally
TCS shares have rallied 12% over the last five trading sessions as of Wednesday, July 29, 2026. The stock is now up 17% over the past month, sharply outperforming the broader Nifty 50. Renewed AI optimism and a stronger-than-feared Q1 earnings reset have powered the rally. Peers Infosys, HCL Tech, and Wipro have also posted…
US Stock Market: Nasdaq Futures Slip as KOSPI Plunges Nearly 6%, S&P 500 Futures Rise 0.2%
Stock Market futures showed a split reaction Wednesday, July 29, 2026, as Asian chip stocks tumbled. South Korea’s KOSPI plunged nearly 6%, dragged down by a disappointing SK Hynix earnings report. S&P 500 futures edged up 0.2%, while Nasdaq-100 futures slipped slightly. Iran’s resumed attacks on regional targets also lifted oil prices overnight. KOSPI Plunges…
Meta Says Banning Chinese AI Would Hurt US Innovation and Competition
On July 29, 2026, Meta CEO Mark Zuckerberg said the United States should not ban Chinese AI models. He argued that restricting them could slow American innovation rather than strengthen it. His comments come as Washington considers tighter measures against Chinese AI companies over national security and intellectual property concerns. Meta believes the US will…
Indian Banks Charge Customers Billions in Low Balance Penalties, HDFC Bank Tops List
ndian banks collected more than ₹7,000 crore from customers in FY26 for failing to maintain minimum account balances. The government disclosed this figure in a written Rajya Sabha reply from Minister of State for Finance Pankaj Chaudhary. Private sector banks alone collected ₹4,948.71 crore, while public sector banks gathered ₹2,137.92 crore. HDFC Bank topped every…
Nikkei 225 Closes at Two-Month Low After 1.91% Decline in Tech Shares
On July 29, 2026, Japan’s Nikkei 225 dropped 1.91% to its lowest close in more than two months as technology stocks drove a broad market decline. Semiconductor and AI-related companies came under heavy selling pressure after weak global market sentiment hurt investor confidence. The selloff has raised fresh questions about whether Japan’s recent stock market…
ASX Stocks Performance: CSL Climbs After Clinical Trial Update Boosts Healthcare Stocks
CSL shares surged nearly 7% on the ASX on Wednesday, July 29, 2026, leading a broad healthcare rally. The biotechnology giant climbed to around A$123.68 after unveiling plans for new clinical trials tied to its Horizon 2 manufacturing process. Healthcare stocks on the ASX jumped nearly 4% at midday, outpacing every other sector. The S&P/ASX…
Data Breach: Experts Warn Leaked Bank of Baroda Information Could Aid Cybercriminals
Cybersecurity concerns increased after reports emerged on July 27, 2026, that data linked to Bank of Baroda had been breach or posted on the dark web. The bank said the incident involved a compromised employee email account and confirmed that its core banking systems were not affected. Even so, cybersecurity experts believe the leaked information…
IN Stock Market Today: GIFT Nifty Soars 250 Points as Sensex, Nifty Eye Strong Gap-Up Opening
GIFT Nifty jumped 250 points ahead of Wednesday’s session, signaling a strong gap-up for India’s stock market on July 29, 2026. That premium translated into real gains once trading began. The Sensex rose 701.41 points, or 0.91%, to 77,467.33 by mid-morning. The Nifty 50 climbed 204 points, or 0.85%, to top 24,190.40. Rebounding Asian markets…
RBA’s Bullock Signals Fourth Rate Hike as Inflation Stays Above Target
RBA Governor Michele Bullock warns of potential fourth rate hike to combat 3.6% inflation, well above the 2-3% target. August 11 meeting looms as new data eases hike odds.