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Market News
- SpaceX extends losses, hovers near IPO price after 39% plunge from peak
SpaceX shares have dropped 5.3% to $137.68, just above its IPO price, following a month of volatility. Despite strong fundamentals, the stock's recent decline is attributed to profit-taking and a market reassessment of tech valuations, losing nearly 39% from its peak.
- Gold, silver prices today: Comex gold, silver extend losses as Middle East tensions lift Fed rate hike fears
Gold and silver prices continued to fall amid Middle East tensions, inflation concerns, and a stronger US dollar. Gold futures dropped to $4,009 and silver to $57.82. Crude oil prices surged over 4%, raising inflation fears and impacting markets ahead of economic data and Fed Chair testimony.
- Small-cap stock under ₹50 hits upper circuit after this AI update
Blue Cloud Softech Solutions shares closed 5% higher at ₹21.70 after signing a five-year Master Services Agreement with SpaceX International.
- Laser Power & Infra IPO: Issue booked 41 times on Day 03; NII, QIB portions see strong demand
Laser Power & Infra Ltd.'s IPO was oversubscribed 41 times, with institutional investors leading. The issue raised ₹742 crore, priced at ₹203-214 per share. The grey market premium suggests potential listing above the issue price, slated for July 16 after allotments on July 14.
- HCL Tech Q1 Results: Board declares interim dividend of ₹12 per share. Details here
HCL Technologies announced an interim dividend of ₹12 per share, marking the 94th consecutive quarter of payouts. The record date for shareholders is July 17, with the payout scheduled for July 27.






































