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CloudThat is set to file papers for an $8 million IPO in GIFT City, potentially becoming the exchange's first-ever listed company after XED's issue fell through.
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Asian markets are trading with a firmer, risk-on tone this morning as the region stages a strong rebound from Wednesday's sharp losses. The trends on Gift Nifty also signal a cautiously positive start for the frontline indices, Nifty 50 and Sensex today.
Indian stock indices, Sensex and Nifty 50, may experience short-covering after previous sharp selloffs due to the US-Iran conflict and rising crude oil prices. Asian markets are up, while investor sentiments remain cautious amid escalating geopolitical tensions.
Buy or sell stocks, 9 July 2026: Vaishali Parekh recommends three stocks to buy today — Multi Commodity Exchange Of India, Moschip Technologies, and Pondy Oxides and Chemicals.
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The IPO received a solid response on Day 1, with the issue subscribed 3.45 times against the 1.14 crore shares on offer. The retail investor portion was subscribed 3.52 times, while the Non-Institutional Investors (NIIs) category saw a strong 7.35-times subscription.
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Oil rises Thursday, amid worries over supply disruptions in the Middle East following fresh strikes on Iran by the U.S. military.
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Brent crude futures gained 78 cents, or 1%, to $78.8 a barrel while U.S. West Texas Intermediate (WTI) crude futures rose 74 cents, or 1.01%, to $74.26 a barrel. On Wednesday, the two benchmarks had settled at their highest levels in more than two weeks after U.S. President Donald Trump warned of additional strikes on Iran as early as Wednesday night.
The anchor book will open on Monday, July 13. The IPO will open for subscription on Tuesday, July 14, and close on Thursday, July 16.
Stock market today: Gift Nifty was trading near the 23,980 mark, down over 68 points from the previous close of Nifty futures.
Diamond jewellery maker and exporter Goldiam International has fixed July 10 (Friday) as the record date for its 1:3 bonus issue, effectively marking today the last chance for interested investors to buy shares of the company to be eligible for the bonus reward.
The company’s shares are commanding a premium of nearly Rs 21 over the upper price band of Rs 214, suggesting an estimated listing price of approximately Rs 235 per share if the current market sentiment sustains through listing day.
Under SEBI's T+1 settlement cycle, investors must purchase a company's shares at least one trading day before the record date to ensure the shares are credited to their demat accounts in time, and they become eligible for the corporate action. Therefore, today is the last opportunity for investors to buy the shares so that they are credited to their accounts by Friday, making them eligible for the dividends.
SBI Funds Management IPO price band is ₹545 to ₹574, with subscription from July 14-16. The offer for sale aims to raise ₹11,102 crore, with significant allocations for institutional and retail investors.
Traders use the 200 DMA as a key indicator to determine the overall trend in a particular stock. Take a look:
Gold prices experienced a decline on Thursday after recent drops. Renewed hostilities between the United States and Iran fueled inflation worries. Higher interest rate expectations also pressured the non-yielding precious metal. Central banks worldwide are monitoring inflation and economic growth forecasts. Other precious metals like silver, platinum, and palladium saw mixed movements.
The U.S. dollar held firm against major currencies on Thursday. Renewed Gulf tensions revived safe-haven bids, boosting the dollar's strength. Surging oil prices also fueled rate hike bets, keeping the yen under pressure. The Japanese yen struggled near a 40-year trough against the dollar. U.S. Treasury yields rose as markets priced in higher rate hike risks.
Oil prices increased on Thursday following new U.S. strikes against Iran. These actions have diminished hopes for peace and the Strait of Hormuz reopening. Brent and West Texas Intermediate crude futures saw notable gains in early trading. Shipowners are expected to adopt a more cautious approach to voyages through the strait. Insurance providers are reviewing policy terms after recent vessel attacks.
Nifty 50, Sensex prediction today: The trends on Gift Nifty also indicate a positive start for the Indian benchmark index. The Gift Nifty was trading around 23,980 level, a premium of nearly 68 points from the Nifty futures’ previous close.
US-Iran war: Brent crude futures were up 78 cents, or 1%, at $78.80 a barrel, while US West Texas Intermediate (WTI) crude gained 74 cents, or 1.01%, to trade at $74.26 a barrel.
Sensex Today | Nifty 50 | Stock Market Live Updates: GIFT Nifty signals a positive start; Asian shares trade higher
Investors increasingly view China's two-speed growth with robust export and tepid domestic demand as a defining long-term feature of the Chinese economy.
[Samsung](https://www.samsung.com) just rolled out a suite of AI-powered education tools at ISTELive 2026 in Orlando that could reshape how teachers manage their digital classrooms. The company introduced AMS (Account Management Solution), letting educators instantly access their personalized teaching environment on any compatible Interactive Display across campus with just a QR code or NFC tap. Paired with expanded Samsung AI Assistant capabilities - including live transcription, automatic quiz generation, and Circle to Search - the new software aims to cut down on classroom tech friction...
Gift Nifty was trading around 23,990 level, a premium of nearly 78 points from the Nifty futures’ previous close, indicating a positive start for the Indian stock market indices.
The company, which is already listed in Shenzhen, had priced shares in the IPO at 63.28 Hong Kong dollars apiece, raising HK$24.27 billion ($3.09 billion).
Asian stocks today: South Korea’s Kospi rebounded sharply after slipping into bear market territory in the previous session. Kospi jumped 3% at the open, and the small-cap Kosdaq advanced 1.28%.
Indian markets experienced widespread selling on Wednesday, with the Nifty declining significantly. Global risk sentiment deteriorated following US President Donald Trump's comments on Iran. Asian markets also traded lower, reflecting the weak global backdrop. The Indian Rupee tanked against the US dollar as oil prices rose. Foreign and domestic investors showed net buying activity in equities.
The Indian stock market ended Wednesday's session on a lower note. Sumeet Bagadia of Choice Broking recommends five breakout stocks to buy today.
Asian shares advanced, led by a rally in chipmakers and South Korean stocks. Oil prices extended their gains for a third day, reaching about $78.80 a barrel. Treasury yields rose as markets anticipated earlier Federal Reserve interest rate increases. These events have reignited inflation concerns among investors and traders. Markets are now grappling with elevated stock valuations after recent gains.
New Reserve Bank of India lending rules increase funding costs for local proprietary traders. These changes require 100% collateral for bank guarantees, impacting domestic firms significantly. Foreign trading majors, however, can access cheaper overseas funding sources. This situation may allow foreign firms to capture a larger domestic market share. Domestic traders face a disadvantage compared to their well-capitalized international competitors.
Indian stocks and the rupee experienced a significant decline on Wednesday. This market downturn followed fresh US strikes on Iran and rising oil prices. The country's volatility index surged, reflecting increased trader risk perception. Bond yields climbed the most in over three months, while the rupee ended as the continent's worst performer. Analysts suggest market reactions to geopolitical events are often short-lived.
Tata Consultancy Services anticipates slower revenue and profit growth for June 2026 quarter. Client decision cycles are elongating, impacting project ramp-ups and growth rates. Revenue is expected to remain flat sequentially, marking a continued trend. A weaker rupee may offer some support to rupee-denominated financials. Investors will monitor artificial intelligence initiatives and deal scalability trends.
The milestone comes amid Lionel Messi and Argentina's popularity.
Laser Power & Infra plans a ₹742 crore IPO to repay debt and fund expansion. The company expects growth from power infrastructure and network expansion projects. Revenue and profits have risen, and return ratios have improved significantly. However, elevated debt and raw material price volatility pose risks. The issue is suitable for long-term investors with higher risk tolerance.
Market expert Raja Venkatraman shares his top stock picks for 9 July. Here’s his technical outlook and trade strategy.
CloudThat is set to file papers for an $8 million IPO in GIFT City, potentially becoming the exchange's first-ever listed company after XED's issue fell through.
MarketSmith India reveals its top stock recommendations for today, 9 July. Get expert insights into the best-performing stocks to guide your investment decisions.
Maine Democrats must now replace Platner with less than four months until the midterm elections.
Nvidia's stock has experienced a substantial market value decline recently. This chipmaker's shares are now trading at their lowest valuation since early 2019. Investors are shifting their focus to memory and storage semiconductor manufacturers. Analysts are raising profit estimates for Nvidia's upcoming quarters. The company's consistent performance suggests it is currently undervalued.
Gold and silver prices declined significantly in Mumbai trading on Wednesday. This retreat followed global bullion market weakness and US President Donald Trump's comments. Crude oil prices surged, stoking inflationary concerns and impacting investor sentiment. Analysts noted that rising inflation and a stronger US dollar reduced gold and silver's appeal. Investors now await US Federal Reserve meeting minutes for interest rate guidance.
India added over 2.5 million demat accounts in June, the highest since February. This growth occurred as key market indices Nifty 50 and Sensex advanced significantly. Improved market sentiment followed the easing of geopolitical concerns and potential IPO announcements. Broader market participation and digital onboarding are attracting new retail investors. Future demat account growth will depend on Indian market performance and investor confidence.
India's US Treasury holdings dropped to $181 billion in April. This reduction reflects a strategic shift in foreign asset diversification by the Reserve Bank of India. The central bank significantly increased its gold reserves to 881 metric tonnes. Gold offers a stable reserve asset, unaffected by geopolitical stresses. This move aligns with a global trend of central banks accumulating precious metals.
The legal battle between Elon Musk and federal regulators over his botched Twitter stock disclosure has officially ended. A federal judge approved a $1.5 million settlement between [Tesla](https://tesla.com)'s CEO and the [Securities and Exchange Commission](https://www.sec.gov) on Wednesday, closing the book on a years-long dispute that dates back to Musk's 2022 acquisition of the social media platform. The judge's approval came with notable reservations about the adequacy of the penalty, raising questions about whether billionaires face meaningful consequences for securities violations.
[Meta](https://meta.com) is developing prototype smart glasses that would record nearly everything you see and hear. The "super sensing" glasses snap photos every few seconds while continuously capturing audio, then let wearers query [Meta AI](https://meta.com) about what they've experienced. But here's the twist - users might never actually see the raw footage themselves, according to [sources speaking to the Financial Times](https://www.ft.com/content/ac282450-91a8-4597-8f60-9e6ef416865a).
The $300 million round is expected to be led by Menlo Ventures, Sifted reported.
The federal government just drew a hard line in the autonomous vehicle debate. The National Highway Traffic Safety Administration issued a stark warning to robotaxi operators today, declaring that emergency scenes are not "edge cases" and demanding immediate fixes to prevent autonomous vehicles from blocking first responders. The move signals growing federal frustration with an industry that's scaled faster than its technology can handle real-world emergencies, putting the brakes on companies like Waymo and Avride just as they push for broader deployment. [NHTSA](https://www.nhtsa.
SpaceX's triumphant entrance to public markets is hitting turbulence. The rocket company's shares closed at $148 on Wednesday, sliding below its debut price in just two days of trading after completing the largest IPO in U.S. history. The $85.7 billion offering, which included the full greenshoe option exercised by underwriters, marked a watershed moment for the space industry - but early investors are already feeling gravity's pull. [SpaceX](https://www.spacex.com) just proved that even rocket ships can fall back to Earth.
CNBC's Jim Cramer said the growing wave of stock offerings and debt issuance is the next big threat to the bull market.
President Donald Trump spent two days in Ankara, Turkey with other NATO member leaders.
Trump already asked the Supreme Court to reconsider denying him an appeal of a verdict holding him liable for sexually abusing and defaming E. Jean Carroll.
Autonomous drone delivery is officially coming to America at scale. [Manna](https://manna.aero), the Irish startup that's been quietly perfecting aerial food delivery across Europe, just announced a major US manufacturing and operations facility in Tulsa, Oklahoma - complete with plans to hire 1,000 people. It's the clearest signal yet that drone delivery is moving from experimental pilots to genuine infrastructure, and it positions Tulsa as an unlikely hub in the race to dominate last-mile logistics. [Manna](https://manna.aero) is making a statement.
[Meta](https://meta.com) is building its first major data center in Canada, marking a significant expansion of the company's AI infrastructure beyond U.S. borders. The move signals Meta's aggressive push to scale its artificial intelligence capabilities while diversifying its global computing footprint. As demand for AI processing power intensifies across the tech industry, the Canadian facility will join Meta's growing network of hyperscale data centers that power everything from Instagram recommendations to its ambitious Llama large language models. [Meta](https://meta.
The closely guarded secret of self-improving AI just became public domain. In a bombshell article for [Wired](https://www.wired.com/story/frontier-labs-arent-the-only-ones-pursuing-self-improving-ai/), senior AI correspondent Will Knight reveals he successfully built a recursive AI system—the kind of self-improving tech that [OpenAI](https://openai.com), [Google DeepMind](https://deepmind.google), and [Anthropic](https://anthropic.com) have poured billions into developing.
Earlier this week, a picture that seemed to show Kentucky Senator Mitch McConnell covered in tubes in a hospital bed in a state of extreme distress. It turned out to be an AI-generated fake.
Levi Strauss beat quarterly expectations on the top and bottom lines during its fiscal 2026 second quarter.
Experiments in using AI to build AI show that the future doesn’t just belong to the frontier labs.
U.S. stocks closed lower after Donald Trump declared the Iran deal “over,” raising fears of further conflict and pushing oil prices higher. The Dow dropped sharply while the S&P 500 slipped. Chip stocks gained on Apple’s Broadcom deal, but inflation concerns and IMF growth cuts weighed on sentiment.
SpaceX's record IPO raised a total of $85.7 billion after underwriters exercised the "greenshoe" overallotment.
The U.S. SEC cleared a key legal hurdle for UBS by allowing potential debt-to-equity conversions under its crisis-resolution plan without enforcement action. The move supports “bail-in” mechanisms directed by Swiss regulators and addresses cross-border issues exposed during the Credit Suisse rescue, strengthening UBS’s contingency framework.
Elon Musk's xAI just threw down the gauntlet in the AI arms race. The company released Grok 4.5 on Wednesday, billing it as an 'Opus-class model' that delivers flagship performance at a fraction of the cost. Musk's positioning the new release as a direct shot at OpenAI's GPT-4 and Anthropic's Claude, promising enterprises a cheaper path to cutting-edge AI capabilities. It's the latest salvo in Musk's ongoing battle with Sam Altman and the AI establishment he left behind. [xAI](https://x.ai) just made its boldest move yet in the AI wars.
[X](https://x.com) is rolling out direct message notifications for users who've engaged with posts later flagged by Community Notes, the platform's crowdsourced fact-checking system. The update, announced by owner Elon Musk, aims to close a critical gap that's plagued the service since its launch - Community Notes often arrive hours or days after viral misinformation has already spread. The move represents X's most aggressive attempt yet to retrofit accountability into its engagement-first algorithm, potentially notifying millions of users who liked, replied to, or amplified false claims be...
The investor believes regulators will eventually crack down on prediction markets after competition from the upstarts pressured the stocks of sportsbooks.
Private banks are expected to show stronger profit growth than public sector banks this quarter. Analysts predict private lenders' profits will climb ten percent year-on-year. Balance sheet growth also favors private banks, with higher deposit expansion. However, public sector banks led in loan book expansion during the June quarter. Investor focus will remain on individual bank performance and execution.
Meta is building its first big Canadian data center as AI expansion crosses the border.
Axis Bank has seen three senior executives resign from their positions. These departures add to a significant reshuffling occurring within private sector lenders. Anil Agarwal and Vikas Shinde, long-serving executives, have left the bank. Jimmy Tavadia, group head of trading, also resigned from his role. These changes coincide with the lender reorganizing key corporate banking positions.
Elon Musk's tech company released the newest version of Grok on Wednesday, promising a cheaper, more efficient alternative to other powerful AI models.
Life insurers saw a 16.6% rise in new business premium during the April-June quarter. Private sector firms expanded faster than LIC, driven by regular premium products. Regular premium collections grew nearly twenty percent year-on-year, while single premium business increased. SBI Life Insurance emerged as the fastest-growing player among listed companies. Private insurers continue gaining market share while LIC retains its dominant position.
Credit cards now hold 38% of unsecured credit, down from 56% in 2016. Small personal loans under fifty thousand rupees have gained significant market share. Card balances remain stable at fifteen to sixteen percent of total consumption credit. Delinquency data shows risk spilling across various credit products. Occasional card users exhibit low delinquency rates across their credit portfolios.
Indian banks are experiencing a slowdown in special foreign currency deposit collection. Rising overseas borrowing costs are impacting banks' leverage offerings to clients. High-net-worth individuals seek double-digit dollar returns, assessing tax implications. Banks are recalibrating deposit mobilization strategies after recent guideline releases. Investor expectations for higher spreads are increasing due to Indian supply.
General Intuition is betting millions of hours of video game data can train the foundation models for physical AI, making it easier to build smarter robots with minimal real-world data.
Large language models have a spatial blindness problem. While [OpenAI](https://openai.com)'s ChatGPT and [Anthropic](https://anthropic.com)'s Claude excel at text, they struggle with understanding how objects move through physical space - a critical gap on the path to artificial general intelligence. Now a startup called General Intuition is making a bold bet: video game data might be the missing ingredient that transforms today's text-focused AI into systems that truly understand the physical world. The limitations of today's AI are becoming impossible to ignore. [OpenAI](https://openai.
The feature can do things like apply cinematic relighting to brighten up a dark clip, swap out a plain background for something fun, or add artistic styles to videos.
