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Stock markets surge to 4th day led by bank stocks, lower oil prices

Mumbai, Jul 6 (PTI) Benchmark indices Sensex and Nifty ended higher, taking their winning run to the fourth day Monday, helped by buying in blue-chip bank stocks and lower crude oil prices. Fresh foreign fund inflows also added to the optimistic trend in domestic equity market. The 30-share BSE Sensex jumped 521.16 points, or 0.67 per cent, to settle at 78,285.07. During the day, it surged 634.15 points, or 0.81 per cent, to 78,398.06. The 50-share NSE Nifty climbed 159.50 points, or 0.66 per cent, to end at 24,430.35. In four trading days, the BSE benchmark has jumped 1,806.4 points,

Pot calling the kettle black: Congress slams VHP letter to police on claims made by opposition leaders on donations

New Delhi, Jul 6 (PTI) The Congress on Monday slammed the VHP after it wrote to Ayodhya police over the claims made by several opposition leaders on the alleged donation theft at the Ram temple, saying it is a classic case of “the pot calling the kettle black” and an attempt to divert attention so that the organisation’s own “moral rot” is not exposed. The opposition party’s attack came after the VHP wrote to the Ayodhya police, urging it to examine the claims made by several opposition leaders, including Congress MP Priyanka Gandhi Vadra and AAP convener Arvind Kejriwal, on

South Korea’s SK Hynix launches $28 billion US listing to ride global AI wave

July 6 (Reuters) – South Korean chipmaker SK Hynix on Monday launched a U.S. share sale to raise 43 trillion ​won ($28.07 billion), the company said, as it capitalises on the global AI boom with one of the world’s largest new share sales. The company will sell 17.79 million new shares ‌in the depository receipt listing on the Nasdaq. Ten ADRs will represent one common share and the stock will be sold in a price range that is due to be revealed on Monday, based on SK Hynix’s Seoul trading price. The deal comes as Asian chip companies tap strong

China test-launches a ballistic missile in a South Pacific nuclear-free zone

BANGKOK, July 6, 2026 (AP) — China’s navy test-launched a long-range ballistic missile Monday from one of its nuclear-powered submarines in the South Pacific in a rare move that drew protest and concerns from countries in the region. The missile was launched at 12:01 p.m. and carried a dummy warhead, according the official Xinhua News Agency. China last conducted a missile test in the Pacific two years ago, then firing an intercontinental ballistic missile with a dummy warhead. That previous launch in international waters was the first in decades, since 1980. The launch was part of routine annual training, complied

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