Finance

India F&O volumes fell 20-25% in early July as the RBI’s 100% collateral rule for prop trading took effect. Lower India VIX and higher STT added to the drop.

Wall Street analysts flag a ‘price bubble on top of an earnings bubble’ as the S&P 500 CAPE nears dot-com levels. BCA sees a 30% to 50% drop if it bursts.

TCS Q1FY27 results arrive July 9 after market hours; the board also weighs an interim dividend with a July 15 record date. Brokerages flag flat revenue.

Samsung’s Q2 operating profit jumped 19-fold to $58.44B, yet the KOSPI triggered a circuit breaker as chip stocks sold off across Asia on AI valuation fears.

Apollo Micro Systems’ board approved a Rs 3,322 crore preferential issue of equity shares and convertible warrants. Shares fell nearly 6% as news hit.

Falling crude prices could push Indian OMCs to break even on petrol and diesel in ten days, but Rs 74,781 crore in losses means no pump price cut yet.

Spot gold sat near $4,161.90, silver at $61.90 after-hours. Friendless ETFs and stuck CTA shorts left metals capped by Fed hike bets ahead of FOMC minutes.

Kalyan Jewellers reported 38% India revenue growth in Q1 FY27 yet shares fell as much as 7.5%; all eight tracked analysts still rate the stock a buy.

Trent’s Q1 FY27 revenue grew 19% to ₹5,666 crore, yet shares fell as much as 12% intraday as the print missed Street estimates and revenue per square foot kept declining.

Indian markets open higher July 7 as GIFT NIFTY signals +80. Cochin Shipyard OFS at ₹1,400, JB-Torrent merger cleared, OMCs react to Saudi crude cut.