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Get the appGetAsian stock markets declined as investors reacted to recent technology sector earnings reports and escalating tensions in the Gulf region. Market participants are cautious due to uncertainties surrounding tech company performances and geopolitical risks in the Gulf, impacting investor sentiment and causing a dip in market indices across Asia.
Reuters·
EntertainmentPhoto: TOI EntertainmentDrishyam 3: The Conclusion has completed three weeks in theatres, collecting Rs 2.65 crore net on Day 20. The film's India net reached Rs 359.75 crore, with a gross of Rs 431.02 crore domestically. Including Rs 129 crore from overseas, the worldwide gross totals Rs 560.02 crore. It is close to the Rs 400 crore domestic net milestone.
TOI Entertainment·
BusinessPhoto: ET MarketsJefferies increased its target price for Eternal from Rs 415 to Rs 430, indicating a potential 38% gain from the previous close of Rs 312.35. The brokerage highlighted Blinkit's rapid store expansion, improving unit economics, over 20% growth in food delivery, and growing confidence in District as key factors behind the upgrade.
ET Markets·
BusinessPhoto: TOI BusinessIndia's private sector capital expenditure pipeline has increased by 39% to Rs 99.7 lakh crore, driven mainly by larger projects. This growth reflects a trend toward consolidation in investment plans. Maharashtra is the leading state attracting these investments, along with several other states across the country.
TOI Business··Maharashtra
PoliticsPhoto: NDTVA 56-year-old man was charged for threatening the staff of Western Australian state minister Hannah Beazley with nunchucks in her Perth electorate office. The incident occurred days after federal lawmaker Helen Haines was critically injured in a car attack in Victoria. The man was detained and charged with armed intimidation and making threats. He will appear in court in Perth.
NDTV··Perth
WorldPhoto: HT WorldIran’s Islamic Revolutionary Guard Corps Navy reported striking and setting fire to four oil-carrying ships in the northern Persian Gulf after they crossed an illegal route despite warnings. Additionally, three other vessels hit mines in the western Strait of Hormuz and were stopped. The IRGC accused the maritime companies of being deceived by the US military and violating maritime rules.
HT World·
Reuters·
Asian stock markets declined as investors reacted to recent technology sector earnings reports and escalating tensions in the Gulf region. Market participants are cautious due to uncertainties surrounding tech company performances and geopolitical risks in the Gulf, impacting investor sentiment and causing a dip in market indices across Asia.
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