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Explained: Why Tesla shares crashed 7% to record worst single-day fall in 1 year despite record Q2 sales
Tesla shares plunged over 7% despite the EV maker reporting record second-quarter deliveries that beat Wall Street estimates. Analysts attributed the sell-off to profit booking
Knack Packaging IPO Day 3: Issue subscribed 83x at close; GMP signals 17% listing gain
Knack Packaging’s Rs 439.5-crore IPO was subscribed 73 times on the final day of bidding, led by strong demand from QIBs. The grey market premium
Holiday Halt: S&P 500, Nasdaq to remain closed today for Independence Day holiday
US financial markets observed a closure on Friday, July 3, in commemoration of Independence Day, as the holiday fell on a Saturday. Trading in both
Sebi changes rules on unpaid client securities to ease broker operations
SEBI has revised rules for handling unpaid client securities, introducing auto-pledges in clients’ demat accounts, stricter timelines, daily pledge reviews and investor safeguards. The changes
Dabur Q1 updates: Co expects double-digit revenue growth as rural demand stays ahead of urban
Dabur India anticipates a significant boost in its first-quarter profit, driven by strategic price hikes that effectively countered rising inflation and packaging costs. The company
Earnings growth to stay robust at 14–16%; IT correction a buying opportunity: Vikas Khemani
India’s IT sector is poised for a comeback, with AI expected to boost, not hinder, growth. Vikas Khemani of Carnelian Asset Management sees excessive pessimism,