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Asian shares mixed, oil prices decline after Opec+ announces output hike
Asian shares and US futures were mixed on Monday following a long weekend on Wall Street, while selling of technology shares pulled benchmarks in Tokyo and Seoul lower. Oil prices slipped after OPEC+ announced Sunday that seven of its members plan to expand oil production by a combined total of 188,000 barrels per day in August. It was the fifth consecutive month OPEC+ members have agreed to raise output. The countries increasing their output are Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman. Uncertainty over supplies persists as talks with Iran aimed at fully reopening the Strait of Hormuz appear to be on hold during funeral ceremonies for Ayatollah Ali Khamenei, which will continue for several days. In energy trading early Monday, Brent crude, the international standard, lost 25 cents to $71.87 a barrel. US benchmark crude lost 10 cents to $68.59 a barrel. Japan's Nikkei 225 lost 0.4% to 69,468.17. Tech giant SoftBank Group Corp. declined 3.4%, while computer
National Standard (India) Ltd leads losers in 'B' group
Digicontent Ltd, Cura Technologies Ltd, Wheels India Ltd and Clean Max Enviro Energy Solutions Ltd are among the other losers in the BSE's 'B' group today, 03 July 2026.
Up over 100% since March! Multibagger small-cap stock to be in focus on Monday; here’s why
Standard Engineering plans to acquire a 51% stake in GScale Energy for ₹190 crore, marking its entry into AI data-centre infrastructure. The investment is part of a ₹500 crore program focusing on growth and capacity expansion in this emerging market.
Standard Engg climbs as board nod to acquire majority stake in GScale Energy
Standard Engineering Technology (SETL) jumped 5.11% to Rs 235.65 after the company's board approved the acquisition of up to 51% stake in GScale Energy, marking its strategic entry into the AI datacenter engineering.
Stock Alert: Infosys, NLC India, Yes Bank, IRFC, Honasa Consumer - Business Standard
Stock Alert: Infosys, NLC India, Yes Bank, IRFC, Honasa ConsumerBusiness Standard
JM Financial sees Ather Energy, SAIL, 10 other new stocks in MSCI India Standard in August rejig, $3.2-bn... - Moneycontrol.com
JM Financial sees Ather Energy, SAIL, 10 other new stocks in MSCI India Standard in August rejig, $3.2-bn...Moneycontrol.com
Laurus Labs, Biocon, Ather Energy, Lenskart among probable MSCI India Standard Index inclusion candidates, says JM Financial
JM Financial anticipates significant shifts in the MSCI India Standard Index. Laurus Labs and Biocon are flagged as high-probability additions from the Small Cap Index, while Ather Energy and SAIL are medium-probability candidates. SBI Card faces a high probability of exclusion. These potential changes could lead to substantial passive fund inflows into India, estimated around $3.2 billion, impacting institutional investors.
Green power push gets grid backing
India is setting standard timelines for power transmission projects. This aims to match infrastructure development with new electricity generation, especially for renewable energy. Delays in power evacuation have been a problem. New timelines cover substations and transmission lines. This will help ensure power projects are ready on time.
Stock Alert: Ashoka Buildcon, NLC India, Reliance Industries, Vedanta, RBL Bank - Business Standard
Stock Alert: Ashoka Buildcon, NLC India, Reliance Industries, Vedanta, RBL BankBusiness Standard
Stock Alert: OMCs, Hindalco Inds, NTPC, Colgate, Indigo Paints, Sterlite Tech - Business Standard
Stock Alert: OMCs, Hindalco Inds, NTPC, Colgate, Indigo Paints, Sterlite TechBusiness Standard
Ola Electric’s home inverter play has a chemistry problem
The company’s decision to use expensive NMC cells instead of industry-standard LFP chemistry for its lithium-ion batteries has led to a massive revenue shortfall and slowdown in its home energy storage business.
Federal Bank, Indian Bank, MCX & Nalco in MSCI Global
Global index provider MSCI has announced significant changes to its indices. Federal Bank, Indian Bank, Multi Commodity Exchange of India, and National Aluminium Company are set to join the Global Standard Index. This move is anticipated to bring substantial investment into these stocks. Adani Energy Solutions will not be added due to surveillance measures.