The global chip market faced turbulence as Asian stocks fell, driving expectations of a rough start for European markets. Despite a 77% earnings growth from Taiwan's TSMC, investor confidence waned. European futures dropped amid fears of heavy AI investment. U.S.-China tensions and Middle East conflicts further influenced market dynamics.

Wipro logged a weak revenue performance in Q1, on delayed ramp-ups of previously won large deals, continued weakness in select BFSI and Healthcare accounts, and elongated client decision cycles amid a challenging macro environment.

Sky Gold shares fell after its subsidiary lost Rs 10.70 crore due to fraud. Unknown persons used deepfake techniques to impersonate a director and transfer funds. The subsidiary reported the incident to cybercrime authorities and is working with banks. This incident came to light on July 15, 2026, after verification. There is no indication of broader IT system breaches or data compromise.

hares of the rocket company also fell about 3% in aftermarket trading to close below its IPO price of $135 for the first time since listing last month.

Gold and silver prices volatile amid weak global cues, growing concerns over inflation, US Fed rate hike bets

Caliber Mining & Logistics' Rs 450-crore IPO opens for subscription today with a grey market premium of Rs 105, indicating a potential 25% listing gain over the upper price band of Rs 424. The issue comprises a Rs 400-crore fresh issue and a Rs 50-crore OFS, with bidding open until July 21. The shares are expected to list on the NSE and BSE on July 24.

HCL Tech shares: The company signed a seven-year agreement with Guardian Life Insurance to expand their partnership. HCL Tech will drive Guardian's AI-led modernization by enhancing technology and operations, improving efficiency, reducing operational friction, and developing AI-powered solutions to support the insurer's long-term growth.

Wipro will be in focus on Friday after its June-quarter results drew mixed reactions from brokerages. While Nomura retained its 'Buy' rating, citing scope for margin recovery and an attractive dividend yield, Jefferies stayed 'Underperform' warning of weak organic growth.

Mukesh Ambani-led Reliance Industries to announce Q1FY27 results on July 17. Analysts expect revenue and EBITDA growth despite challenges from West Asia conflict, with O2C, retail, and Jio as key drivers.