Vedanta, Tata Steel, Hindalco and Hindustan Zinc are set to report FY2025 first-quarter results. Brokerage Nuvama expects higher zinc, aluminium and copper prices to lift EBITDA, with Vedanta’s international zinc business seen surging 145% QoQ and Hindalco’s aluminium segment rising 16% QoQ. Some segments are likely to see weaker volumes, but price strength is expected to underpin earnings improvement.

South Korea’s Kospi fell for a third straight session, sliding another 4% and taking its three-day drop to 9%, its lowest level since late May. The decline was triggered after Samsung Electronics sank nearly 10% in the prior session despite forecasting a 19-fold jump in second-quarter operating profit, as investors questioned the durability of AI-led memory-chip demand. Foreign investors were net sellers of 471.7 billion won ($311.68 million) of Korean shares. Chip stocks also sold off globally, with Intel, Micron and others down more than 9%.

MCX gold fell to about ₹1.45 lakh per 10 grams, while silver also weakened. The pullback comes as the US-Iran war escalates. The article says the decline in the traditional safe-haven metals reflects a technical correction rather than a trend reversal. It does not mention other traditional financial assets or indices.

SEPC Ltd said it plans to acquire a 90% stake in UAE-based Avenir International Engineers and Consultants LLC for ₹1,530 crore via a preferential issue of 153 crore equity shares at ₹10 each, with closing expected by December 2026. The transaction would involve no cash outflow, but the company will seek approvals to raise its authorized share capital from ₹225 crore to ₹600 crore. SEPC will also ask shareholders to increase limits for loans, guarantees and investments by ₹3,000 crore and borrowing limits by ₹7,500 crore. Avenir has ADNOC prequalification and reported 2025 turnover of AED 75.01 million, while SEPC said FY26 net profit rose to ₹53.50 Cr, more than doubling year on year.

U.S. military strikes on Iran and the removal of waivers for Iranian oil sales have heightened fears of supply disruptions in the Middle East. Brent crude futures rose 2% to $75.60. The moves are being treated as a geopolitically driven supply shock that is directly feeding into global oil benchmarks. The shift is closely linked to price moves across traditional energy assets.

Apollo Micro Systems’ board has approved a plan to raise ₹3,322 crore through a preferential issue priced at ₹416.60 per unit. The proposal includes up to 22,830,902 new equity shares and up to 56,915,380 convertible equity warrants, allotted to nonpromoter investors and the promoter group plus identified nonpromoter persons, respectively. The issuance is subject to regulatory clearances and shareholder approval, with an Extraordinary General Meeting scheduled for August 4, 2026. The fundraising is intended to strengthen the company’s capital base and will expand share capital with potential dilution.

Rivian said it will sell 75 million new shares at $15.50 each, targeting about $1.2 billion in proceeds. The company plans to use the funds for equity contributions tied to a loan agreement with the U.S. Department of Energy. After the announcement, Rivian shares fell about 18% to close at $16.49.

A nationwide Telstra network outage knocked out V/Line’s communications, forcing about 100 regional trains in Victoria to stop running and triggering widespread delays. The disruption also affected access to Triple Zero, as Telstra handles the initial emergency call-taking before transferring callers to state and territory services. Victoria’s ambulance service reported pager and login problems that hampered coordination, while some lower-priority callers struggled to be connected to triage.