You can leave your kids crores and still fail them, warns CA and explains why money alone doesn't secure family's future

Chartered Accountant Nitin Kaushik warned that leaving children crores without financial literacy often leads to wealth loss. He said, "leaving children a massive financial inheritance without teaching them risk management is a systemic failure." Many families lose assets by the third generation because they focus on cash instead of discipline.

Chip stocks rally leads Nasdaq higher while banks offset IBM pressure on Dow Jones

Wall Street indices ended higher on Tuesday, July 14, as chip stocks led the Nasdaq up 0.9%. While banking shares got a boost from record profits, IBM shares fell 25% after missing expectations. Fed Chair Kevin Warsh said, "policymakers will use every tool possible to ensure that inflation is a thing of the past."

4 Indian pharma stocks eyeing the biggest opportunity since generics

Indian pharmaceutical companies are shifting focus from generic medicines to biosimilars to capture a massive global market. As blockbuster drugs like Keytruda lose patent protection, firms are investing in complex manufacturing. Biocon leads this transition, as biosimilars already contribute 60% of its business, showing the industry’s next big growth phase.

Indian IT stocks Infosys, Wipro, TCS and peers may react to IBM's worst day since 1968

Indian IT stocks like Infosys, Wipro, and TCS may react on Wednesday, July 15, after IBM saw its biggest drop since 1968. IBM shares fell 25% on Tuesday following poor quarterly results. Adam Crisafulli said, "IBM's results will deliver a devastating blow to software/services stocks as investors will worry."

4 Railway wagon stocks sitting on a combined Rs 53,500-crore order book

Four railway wagon stocks now hold a combined order book worth Rs 53,500 crore. India is expanding its railway infrastructure, which boosted demand for new wagons. Titagarh Rail Systems closed FY26 with a large order book of Rs 27,540 crore. The company now plans to increase its production of trains.

HCL Tech tumbles 4.5% as analysts cut price targets after Q1 results

HCL Technologies shares fell 4.5% on Tuesday after analysts cut price targets following the company's first-quarter results. Many foreign brokerages trimmed their outlooks, causing the Nifty IT index to drop. Despite this, domestic brokers remain positive, as they still see potential for the stock to grow from current trading levels.

Stock recommendations for 15 July from MarketSmith India

MarketSmith India shared stock recommendations for 15 July as markets faced pressure. Nifty 50 fell 158.95 points to close at 24,052.05 amid weak global sentiment. Many sectors showed losses, though Pharma and Metal stocks gained. Investors now watch the 23,800 support level closely as bullish momentum showed signs of fading recently.