Today: 8 July 2026

DLF hits debt-free milestone after Q3 results — but sales bookings crash and shares slide

DLF hits debt-free milestone after Q3 results — but sales bookings crash and shares slide

Shares of DLF Ltd fell on Friday following a steep decline in sales bookings reported in its Q3 results, even as the company announced it has become gross debt-free for the first time since its 2007 IPO. By mid-afternoon, DLF was trading around 588.5 rupees, down roughly 4% after starting the day higher. The update arrives amid a tricky period for India’s listed property stocks. Big developers rely on steady collections and strong demand for premium housing, yet investors are pushing for new launches to translate into actual bookings, not merely a catch-up in revenue.
23 January 2026
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Gold price today: Bullion snaps back toward $5,000 after Thursday dip — Delhi rates, MCX moves, and what’s driving it

Gold price today: Bullion snaps back toward $5,000 after Thursday dip — Delhi rates, MCX moves, and what’s driving it

Gold surged to a fresh record Friday, pulling silver and platinum up to their highest marks as safe-haven buying stayed firm. Spot gold ticked up 0.4% to $4,957.10 an ounce by 0536 GMT, after hitting a peak of $4,966.59. Kyle Rodda, analyst at Capital.com, linked the rally to a shaken “faith in the U.S. and its assets.” The snapback matters as sentiment flips fast. Investors rushed to adjust risk after U.S. President Donald Trump’s tariff threats on Greenland shook markets briefly before calming — a move now rippling through metals, stocks, and currencies.
23 January 2026
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Sensex dives 800 points as rupee hits record low, foreign selling bites

Sensex dives 800 points as rupee hits record low, foreign selling bites

Indian shares gave up early gains on Friday. The Sensex tumbled roughly 800 points, while the Nifty 50 slid below 25,100 as selling intensified into the afternoon. The drop is significant because foreign institutional investors—overseas funds trading Indian stocks—have continued selling throughout January, despite companies posting quarterly results and some market valuations still running high.
23 January 2026
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Stock Market Today

  • Latham & Watkins Out Front in IPO Advisory as AI Boom Fuels Energy Deals
    July 8, 2026, 5:26 AM EDT. Latham & Watkins led global IPO advisory with close to $67 billion in deals for H1 2024, more than doubling its total for all of 2023, according to Bloomberg. The firm is seeing a pickup from growing energy demands tied to artificial intelligence, which is feeding a wave of U.S. energy IPOs. Capital markets lawyer Ryan Maierson at Latham called for a record year, saying energy IPOs could hit their highest mark since 2014. That puts the firm front and center as companies look to go public and AI's intense power consumption pushes up activity.
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