Tumble

• Over 40 companies, including Nestle India, Adani Green Energy, and IndusInd Bank, are reporting their Q1 FY27 earnings on July 22, 2026. • Key financial highlights include Eternal logging a ₹92 crore profit, while Adani Power, Adani Green, and SRF saw increases in Profit After Tax (PAT). • In contrast, Dr Reddy's Laboratories experienced a tumble in profits during the June quarter.

• U.S. technology stocks, including Nvidia and other Big Tech firms, experienced a sharp decline on Friday following the unveiling of a new AI model from China. • The downturn was triggered by the release of Moonshot AI's Kimi K3, a low-cost artificial intelligence model designed to compete with leading global systems. • This event highlights the rapid technological advances of Chinese developers and stokes investor fears regarding increased global competition for U.S. AI dominance.

• Major U.S. indices declined, with the Nasdaq falling 1.68%, the S&P 500 dropping 0.81%, and the Dow Jones slipping 0.09% as semiconductor and tech stocks tumbled. • Market volatility was driven by a poor earnings forecast from Netflix and rising geopolitical tensions following a speech by Donald Trump regarding Iran. • Brent crude oil surged over 3% to $86.91 per barrel, fueling inflation concerns, while Bitcoin climbed above $63,309.06 and precious metals attempted a recovery.

• Asian equity markets plummeted on Friday, led by a deepening sell-off in artificial intelligence stocks and heightened geopolitical tensions in the Middle East. • Japan's Nikkei index suffered the steepest decline, sinking nearly 6%, while the Hang Seng Index (HSI) plunged 2% and Taiwan's markets also saw sharp drops. • The downturn was fueled by investor caution regarding AI valuations and rising oil prices, which subsequently pushed US futures lower.

• Asian stock markets experienced a significant downturn, with Japan’s Nikkei plunging 4.9% and Taiwan’s Taiex sinking 5.1%. • The sell-off was primarily driven by growing investor concerns regarding the sustainability and valuation of artificial intelligence (AI) technologies. • This decline highlights the vulnerability of tech-heavy indices to shifts in AI sentiment, impacting major regional economies.

• Major financial institutions saw stock surges after exceeding their Q2 earnings forecasts, while June inflation data showed a cooling trend. • In contrast, IBM shares stumbled following a reduction in the company's future outlook. • Oil prices climbed higher, driven by escalating geopolitical concerns in the Middle East.

• The KOSPI index plummeted nearly 9 percent on Monday, falling below the 7,000 mark in a severe "Black Monday" sell-off. • The decline was driven by a rout in semiconductor shares, which overshadowed the U.S. debut of SK hynix's American Depositary Receipts (ADRs). • Market pressure intensified following a UBS recommendation to short SK hynix's Seoul-listed shares and a report from Korea Investment & Securities warning of potential second-quarter earnings misses.

• On July 13, Japanese and South Korean stock markets experienced a "Black Monday" characterized by extreme volatility and sharp declines. • The South Korean KOSPI plunged more than 8%, triggering circuit breakers, while the Nikkei 225 fell nearly 2%. • Major tech firms faced indiscriminate selling, with SK Hynix plummeting 15%, Samsung dropping over 10%, and Kioxia falling more than 12%.

• Indian stock markets tumbled at the start of the week, with the BSE SENSEX dropping over 670 points and the NSE NIFTY 50 falling 192 points. • The decline was triggered by escalating geopolitical tensions between the US and Iran, which caused a surge in crude oil prices and volatility across Asian indices. • This downturn matters as it reflects the sensitivity of Indian markets to global oil price spikes and international political instability.

• Global stock markets tumbled by over 2% following a sharp surge in oil prices and escalating geopolitical tensions between the U.S. and Iran. • Asian markets were hit particularly hard, with South Korea’s Kospi plunging 5.35% and Japan’s Nikkei 225 declining 2.11%, while Shanghai’s SSE Composite dipped 0.49%. • The volatility highlights the sensitivity of international equities to energy price shocks and instability in the Middle East.