Japan's Sumitomo Mitsui Financial Group (SMFG) is set to make $1.1 billion additional investment in Yes Bank, following its previous funding in March, reports stated. SMFG is seeking to acquire 5% of Yes Bank shares from US investment fund Carlyle Group and others. The new investment would bring total amount to $2.7 billion, giving SMFG 25% stake in Yes Bank.

Coinbase, the largest cryptocurrency exchange in the US, closed at $394.01 on Monday and achieved a market capitalisation exceeding $100 billion for the first time. This milestone occurred as Bitcoin reached an all-time high of over $122,000 in the early hours of the same day. Coinbase shares have surged 50% in May amid the successful IPO of Circle Internet Group.

Monolithisch India Limited boosts capacity from 132,000 tonnes per annum (TPA) to 156,000 TPA effective July 15, 2025, as part of a phased expansion plan. Targeting 250,000 TPA by December, and 574,000 TPA long-term, the firm eyes growth in refractory supply. Focus areas include the steel sector, SGB-Limited product line, and enhanced sustainability and performance with next-gen tech.

Gold prices climbed ahead of US CPI data, with spot gold up 0.5% at $3,361.23/oz amid rising global trade tensions. Trump's tariff threats on the EU and Mexico boosted safe-haven demand. Analysts say gold may need a weaker dollar or yields to hit $3,400. The SPDR Gold ETF (GLD) is up over 26% in 2025, outperforming the S&P 500's 6% rise.

JK Cement shows bullish momentum ahead of its Q1FY26 results on July 19. Trading above key EMAs, the stock has gained over 40% YTD. Analyst Deepak Pal sees near-term resistance at ₹6,850, with dips near ₹6,350 offering buying opportunity. RSI signals short-term overbought conditions, but long-term fundamentals remain strong.

Oil prices dipped after Donald Trump gave Russia 50 days to end the Ukraine war or face 100% tariffs on its oil exports. Brent fell 0.5% to $68.84, WTI slid 0.8% to $66.48. The delay eased supply shock fears, especially for buyers like India and China. Analysts warn sanctions could reshape oil markets. Retail sentiment on USO remains bearish.

Hindustan Coca-Cola Beverages, the bottling arm of The Coca-Cola Company in India, has appointed Hemant Rupani as its new CEO, effective from September. Before this, Rupani worked at Mondelez International, serving as business unit president for Southeast Asia, overseeing operations in countries like Indonesia. He has also held leadership roles at PepsiCo, Infosys, and Britannia Industries.

ICICI Prudential Life posted a 34% YoY profit jump in Q1 FY26, aided by margin stability and retail protection growth. Analyst Rajneesh Sharma flagged a bullish breakout on charts, with targets of ₹760-800 if ₹725 is crossed. While APE and VNB fell, solvency stayed strong at 212%. Retail sentiment turned bullish, with shares up 3% YTD.

Diageo called a $5 million US class action over Casamigos and Don Julio's "100% agave" labeling baseless. The lawsuit alleged that the tequilas contain non-agave sugars and violate US and Mexican rules. Diageo said no proof backs the claim. The liquor giant's US shares are down 20% YTD, though retail sentiment turned bullish after the filing.

Samay Project Services shares rose after securing a ₹10 crore international EPC contract from a UAE client. The project includes engineering, supply, installation, and commissioning of piping and support systems for a facility in Kenya. The work is expected to be completed within 5.5 months, boosting the company order book and its international presence.