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- Stock re-categorization: 11 largecaps that will be demoted to midcap
The Association of Mutual Funds in India (AMFI) has announced the stock re-categorization and has highlighted the market cap changes in large, mid and small cap, according to the predictions by Nuvama Alternative Research. - Contra stocks to buy: Jefferies picks 3 fallen angels for next 12 months
Jefferies is making a bold move by advising clients to invest in the struggling Indian consumer sector, identifying Varun Beverages, Hindustan Unilever, and Asian Paints as promising contrarian bets. Despite facing challenges like weak demand and margin pressures, these stocks are believed to have bottomed out, offering significant upside potential if the sector rebounds. - Nomura predicts 18% downside in Godrej Properties, sees Phoenix Mills falling 11% on lofty valuation
Nomura initiates 'reduce' ratings on Godrej Properties and Phoenix Mills. The brokerage projects an 18% downside for Godrej Properties and 11% for Phoenix Mills. Execution risks and slowing growth are concerns. Nomura cites weakening pre-sales and margin pressures. The brokerage urges valuation realism in India's real estate sector. It highlights stretched valuations relative to sector benchmarks. - Elgi Equipments shares gain 5% after bulk deal by SBI Mutual Fund
Elgi Equipments shares: On July 8, 2025, SBI Mutual Fund purchased 1,812,760 shares of Elgi Equipments via a bulk deal at ₹532 per share, signaling robust institutional interest in the stock. - PC Jeweller shares surge 5% ahead of board meeting on fundraise proposal
PC Jeweller shares rose 5.2% after the company announced a July 10 board meeting to consider fundraising via preferential allotment. The gain followed a sharp drop after ASM inclusion. The stock had earlier surged on strong Q1 business updates, including an 80% revenue jump and debt reduction. Technicals remain bullish, though RSI signals overbought conditions. - Gold prices fall by Rs 3,200/10 gms in 2 weeks. More downside in sight?
Profit booking led to a decline in precious metals, with gold August futures on MCX opening lower. Over the past two weeks, gold prices have decreased, while silver remained relatively flat. Traders unwound long positions ahead of the FOMC meeting minutes and concerns over Trump's tariff policies, impacting both domestic and international markets. - Why Christian Horner was fired by Red Bull after 20 years of service, eight F1 drivers’ titles &
Christian Horner is no longer the CEO and Team Principal of Red Bull Racing. Laurent Mekies will take over. This ends Horner's long run since 2005. He led the team to many wins. Alan Permane will now lead Racing Bulls. Horner's exit comes after internal issues and poor results. Max Verstappen's future with Red Bull is now uncertain. - How an imposter used AI to message high-level officials as US Secretary of State Marco Rubio
An imposter posing as US Secretary of State Marco Rubio sent AI-generated voice and text messages to high-level officials and foreign ministers, reports said Tuesday, the latest American official to be targeted by impersonators. The imposter contacted at least three foreign ministers, a US state governor, and a member of Congress using both text messaging and the encrypted messaging app Signal, according to the cable dated July 3. - More than 160 people still missing days after deadly Texas floods
Texas is facing a major crisis due to severe floods. Many people are missing after the disaster. The governor mentions a high number of unaccounted individuals in Kerr County. Rescue teams are working hard using helicopters and dogs. The search is difficult because of mud and water. The US President is expected to visit Texas. - Supreme Court lets Trump pursue mass federal layoffs
The Supreme Court has granted the Trump administration the authority to proceed with mass federal job cuts and agency restructuring, overturning a lower court's block. This decision allows the administration to pursue workforce reductions across numerous departments, despite opposition from unions and concerns about the impact on public services. - The ‘Sex and the City’ Resurgence Has a Secret Ingredient: Contempt
The show’s sequel, now in its third season, subjects beloved characters to a parade of humiliations. It’s oddly captivating. - This Tangy Tzatziki Draws Inspiration From Germany
This tangy take on the classic lets the cucumbers and yogurt shine. - Ukraine suffers heaviest attack as Trump criticises Putin
The US president reverses a suspension of weapons shipments to Kyiv and heavily criticises Russia's Putin. - Gaza truce talks reportedly stall despite second Netanyahu-Trump meeting
A Palestinian official says key sticking points at the indirect negotiations in Qatar include how aid will be distributed. - Ex-Bangladesh leader authorised deadly crackdown, leaked audio suggests
Sheikh Hasina authorised lethal force against protesters, according to leaked audio verified by the BBC. - Days after Texas floods, at least 161 people are still missing in one county
Governor Greg Abbott said search and rescue efforts would continue in the wake of the deadly floods "until this job is finished". - Horner sacked as Red Bull team principal after 20 years
Christian Horner is sacked as Red Bull team principal after 20 years in the role. - 'You did it': How doctor realised mushroom cook was a killer
Erin Patterson was found guilty of murdering three relatives with a toxic mushroom lunch. - Musk's Grok chatbot praises Hitler and insults politicians
Anti-hate campaigners say the posts were "irresponsible, dangerous and antisemitic." - At least three dead in New Mexico flash flooding
A man and two children were swept downstream, following other deadly deluges in neighbouring Texas. - More than 100 hurt as efforts to contain Marseille wildfire continue
The city's mayor says the fire is "decreasing" but is still not completely under control. - Trump delays tariffs as the rest of the world plays hardball
The US president reveals his poker "tell" by showing he is open to delays to secure trade deals. - China rejects German claim it targeted military plane with laser
Germany says a laser fired by a Chinese warship tried to disrupt a reconnaissance plane over the Red Sea. - 'Shoot in the leg' - Kenyan leader orders police to curb violent protests
Government will not stand by and watch businesses and lives destroyed by sponsored rioters, Ruto says. - US cuts visa validity for most Nigerian applicants
The United States announces sweeping changes to its non-immigrant visa policy for Nigeria. - Seoul returns six North Koreans with 'strong desire' to go back
All six people had drifted into South Korea by accident earlier this year and had wanted to go back. - Australian childcare operator to install CCTV after abuse claims
An employee of G8 Education, one of Australia's largest private childcare operators, was charged with child rape. - Families anxious over safety of Indians kidnapped in Mali
Armed assailants abducted three Indian men from their place of work in Mali last week. - After Diddy: Why hip-hop is still struggling to have its own 'MeToo' moment
The Combs verdict in itself is unlikely to lead to wider changes in the industry, according to insiders - Are India's skies safe? Air safety watchdog responds amid rising concerns
India’s skies remain safe, with accident rates below global averages, air safety regulator chief tells the BBC. - Why 'pan-Africanist' influencers pushed rumours of a coup
Unpicking the disinformation behind a social media trend spreading tension ahead of Ivory Coast's election. - Moment house is swept away in New Mexico flash flooding
Video shows a home being swept down a flooded river in Ruidoso, where waters have risen 15 feet, according to weather officials. - Watch: Macron's day with the Royal Family
The French president met the Prince and Princess of Wales, the King and Queen and dignitaries on the first day of his state visit. - Draft guidelines to incentivise domestic production of rare earth minerals on anvil
Ministries of Heavy Industries and Mines working on scheme to boost domestic production of rare earth magnets and minerals - India's iron ore pellet makers seek curbs on Iranian imports via Oman
The surge in imports is driven by higher domestic prices of pellets and the availability of cheaper, high-quality Iranian pellets - Stakeholders to urge govt to declare 2026 as ‘Year of Soya’
It will help to rapidly achieve the potential soya has in improving food and nutrition security - Broker’s call: Sobha (Buy)
HDFC Securities - Musk's Starlink receives final regulatory nod for launch in India, sources say
Starlink has received a licence from the space regulator to launch commercial operations in the country - Broker’s call: Adani Power (Buy)
Jefferies - MF equity inflows jump 24 per cent in June despite market volatility
Equity mutual fund inflows in Mumbai surge 24 per cent to Rs ₹23,587 crore in June, boosting investor confidence amid volatility. - Temasek’s portfolio rises to new high; India exposure up at 8%
At the end of March 2025, the investment firm had a net portfolio value of S$434 billion - 9 people killed as vehicles fall into river after bridge collapse in Vadodara
A slab of the Gambhira bridge, located on Mahisagar river which connects central Gujarat to the Saurashtra region of the state, collapsed, killing nine people - Rupee rises 6 paise to settle at 85.67 against US dollar
A firm US dollar in overseas markets and crude oil staying near $70 per barrel capped the gains in the local currency, forex dealers said. - Century Real Estate to double commercial portfolio to 50% in 5 years
The expansion includes the phased development of around 7 million sq ft of marquee Grade-A office projects - PLI scheme facilitates ₹7,343 cr investment in textiles
The scheme offers financial incentives for five years to promote manufacturing in Manmade Fibre apparel, fabric, and technical textiles - Fintech app Belong to extend footprint, offer NRI services in GCC, UK and US
The app will address issues such as complex KYC processes, non-flexible investment tenures, risk of lower returns due to currency fluctuations, taxation complications and cumbersome repatriation procedures for NRIs - Waaree Energies account for 13.9% share of total module shipments in FY 25
The fiscal year 2025 marked a transformative period for India’s solar sector, with the country adding an impressive 17.4 GW of utility-scale solar capacity alongside 5.1 GW of rooftop installations - COMA urge Centre to allow copra, coconuts imports to meet industry demand
In a letter to the Prime Minister and Commerce Minister, COMA said that the business is facing a severe setback due to the dearth of coconut and copra in the wake of declining production - IndianOil-Adani gas plans $161 million exchangeable-bond sale
The company, a joint venture between state-run Indian Oil Corp. and Adani Total Gas Ltd. of billionaire Gautam Adani, plans to raise the money in four tranches via compulsorily convertible debentures that will be converted into equity on a specified date - Two pilots killed in IAF jet crash near Churu in Rajasthan
“Both pilots sustained fatal injuries in the accident. No damage to any civil property has been reported,” says IAF
