Financial Summary: Tuesday, July 15, 2025

The Indian stock market rebounded with the Sensex rising 317.45 points, driven by gains in FMCG and mining stocks.

Jane Street has deposited ₹4,844 crore in an escrow account amid a SEBI investigation into alleged derivatives market manipulation.

Glen Industries made a strong debut on the BSE SME platform, listing at a 62% premium over its IPO price after massive oversubscription.

The Reserve Bank of India plans a ₹1 lakh crore variable rate reverse repo operation to manage banking system liquidity.

The S&P 500 and Nasdaq reached record highs following positive inflation data as the banking sector begins its earnings season.

UK's FTSE 100 index has crossed 9,000 points for the first time, indicating a shift in investor focus away from US markets.

The dollar gained strength following the release of June inflation data, supporting a pause in Federal Reserve rate hikes.

Nvidia stock reaches a peak, prompting discussions on investment strategies for the tech giant amid its strong market performance.

Bitcoin has dropped below $117,000 following the blockage of cryptocurrency-related bills in the House of Representatives.

Construction has officially begun on the Santa Teresa solar and storage project in New Mexico, marking a significant step towards renewable energy development in the region.

LVMH's cashmere brand Loro Piana is facing court administration due to allegations of worker exploitation, raising significant labor rights concerns in Italy's fashion industry.

HCL Technologies reported a 10% decline in Q1 profit despite an 8% revenue increase, prompting a revision of its revenue guidance.

Ola Electric shares surged 20% after reporting narrowed losses and improved margins in Q1, although analysts caution about competitive pressures.

WeWork India has received SEBI approval for its IPO, enabling it to raise funds through an Offer for Sale of equity shares.

Google announced a $25 billion investment in data centers and AI infrastructure to address rising demand in the U.S.

Adani Wilmar's net profit fell 24% YoY to Rs 236 crore in Q1, despite achieving record revenue due to volume declines.

Citigroup exceeded second-quarter estimates with strong market and banking revenues, outperforming many peers in the sector.

Target is facing challenges in attracting shoppers and investors due to lower store traffic and inventory issues.

MP Materials shares surged 19% following a $500 million deal with Apple for rare earth magnets, reflecting a shift towards U.S. industrial policy support.

HDFC Life anticipates growth to outpace the life insurance industry despite a sector slowdown due to regulatory changes and weak demand.

Renault has cut its guidance amid a challenging auto market and appointed an interim CEO to navigate tough conditions.

BlackRock reported its worst earnings day in years, raising concerns among investors about a 'bumpier' quarter.

General Motors announced an expansion of gas-powered SUV and truck production at its Michigan plant, including the Cadillac Escalade.

AMD will resume exports of its MI308 AI chips to China after the U.S. Commerce Department agreed to review license applications.

UK Chancellor Rachel Reeves proposes regulatory easing for London's financial services to stimulate economic growth.

The UK government launches a £650 million scheme to subsidize electric vehicle purchases amid declining sales.

China's second-quarter GDP growth reaches 5.2%, exceeding expectations but indicating potential economic slowdown.

U.S. Commerce Secretary Lutnick reveals that China is receiving only Nvidia's fourth-best AI chip due to tech export restrictions.

The Pentagon invests in MP Materials to secure access to critical minerals and counter China's market dominance.

US inflation rises to 2.7%, influenced by the impact of Trump tariffs on consumer prices.

Trump announces a new trade deal with Indonesia, imposing a 19% tariff on Indonesian exports to the US.

India's stock market has hit record highs, showcasing strong investor confidence and positive market sentiment.

Microfinance institutions in India have increased lending rates, raising concerns for low-income borrowers despite recent RBI rate cuts.

The Insurance Regulatory and Development Authority of India has established a committee to review license applications from two general insurers.

San Francisco has implemented Microsoft's Copilot AI to improve services for city employees in healthcare and social services.

Nvidia will resume sales of its H20 AI chips to China after receiving U.S. government approval, enhancing market confidence.

Joby Aviation is set to double production at its air taxi hub following the delivery of its first air taxi to the UAE, with services launching next year.

Amazon has partnered with SpaceX to launch its next batch of Kuiper internet satellites, aiming to compete with Starlink.