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AI selloff drives quant funds' worst performance since August

Hedge funds have recently faced substantial setbacks, primarily due to widespread trades within unstable markets. Systematic managers lost about 25% of their returns for the…

Marico's acquired brands generate ₹2,375 crore in FY26

Detailed subsidiary financials show Marico's acquired portfolio has reached meaningful scale, led by strong growth at Plix and Cosmix, even as profitability remains uneven across…

Korea’s NH Investment picks up stake worth ₹900 cr in Choice Equity Broking

According to the deal terms, the Korean firm is expected to get about a 12-15% stake in Choice Equity Broking Pvt Ltd at an enterprise…

Newly listed textile stock Aastha Spintex eyes capacity expansion through Falcon Yarns acquisition

Aastha Spintex plans to double its spinning capacity from 7,700 MT to 17,457 MT through the acquisition of Falcon Yarns. The deal, paid in tranches,…

Laser Power & Infra IPO: Issue receives tepid response on Day 01, subscribed 0.17x; GMP signals healthy listing

Laser Power & Infra Ltd's IPO saw a weak response, subscribing only 0.17 times on Day 1. The company raised ₹222 crore from anchor investors…

US stocks today: S&P 500, Nasdaq open higher as chip stocks gain; US-Iran tensions in focus

Wall Street opened mixed as gains in chip stocks supported the S&P 500 and Nasdaq, even as renewed US-Iran tensions kept sentiment cautious. The Dow…

India’s listed new-age companies may hit $1 trillion market value by 2030: Redseer

India's new-age firms are set to hit a valuation of one trillion dollars by 2030, with approximately 210 companies preparing to enter public markets within…

SBI Funds launches biggest IPO of 2026, price band set at ₹545-574 per share

The SBI Funds IPO will open for subscription on 14 July.

Anand Rathi Wealth Q1 Results: Profit rises 24% to Rs 116 crore, revenue grows 18%

Anand Rathi Wealth reported a 24% rise in Q1FY27 profit to Rs 116 crore and 18% revenue growth to Rs 336 crore. Assets under management…

US stock market today: Wall Street edges higher as chip stocks rebound; US-Iran tensions remain in focus

US stock futures showed modest gains, led by strong semiconductor buying despite ongoing Middle East tensions. The S&P 500 rose 0.2% while the Nasdaq 100…

Dow Jones| Nasdaq | S&P 500 | US Stock Market Today | Live: S&P 500, Nasdaq open higher as chip stocks gain; US-Iran tensions in focus