Wall Street edges higher as oil prices slide after US-Iran hostilities pause, Microsoft climbs 2.6%, Google gains 2.8%
Gold and silver prices gained on 27 July, buoyed by reduced tensions in the Middle East and lower crude oil costs ahead of the US Federal Reserve's meeting. Gold rose $49 to $4,119, while silver increased by $1.50 to $60.39, reflecting a shift in investor sentiment.
Adjusted earnings per share, excluding certain items, climbed 21% to $2.63 in the latest quarter, comfortably surpassing analysts' expectations
Mold-Tek Packaging reported a strong Q1 FY27, with net sales up 24.9% to ₹300.45 crore and EBITDA growing by 19.1%. The company maintains confidence amid geopolitical challenges, focusing on pharmaceutical packaging and expanding its product portfolio while recovering from previous stock lows.
Crude prices fell more than 9% after Washington and Tehran paused strikes, easing near-term pressure on India's import bill, even as risks around key shipping routes and Russian supplies persist.