Massive blow to Voda-Idea, SC slams Vijay Shah, defence stocks soar & more – LinkedIn

🔝 Top 10@10 — CNBC-TV18’s daily newsletter featuring the top 10 stories on markets, corporate updates, economic insights, and financial highlights — delivered at 10 pm. Markets opened to a wave of volatility today, with Vodafone Idea tumbling 11% after the Supreme Court rejected its long-standing plea on AGR dues. The telecom crunch rippled into Indus Towers too, which was down 3.5%. Across the globe, a credit downgrade from Moody’s rattled Wall Street, pushing US yields higher and dragging futures deep into the red.Back home, the Supreme Court pulled no punches, slamming Madhya Pradesh Minister Vijay Shah for his offensive remarks against Colonel Sofiya Qureshi. Calling his comments a matter of “national shame,” the court ordered an SIT probe — a rare and serious intervention. In corporate updates, defence stocks like HAL, BEL, and Data Patterns soared after strong Q4 updates and optimistic commentary. Meanwhile, Ola Krutrim is under public scrutiny following the tragic death of a young AI engineer, and Delhi Metro just became the first to offer tickets on the Uber app via ONDC — a big win for commuters.And if you’re watching trade winds, Commerce Minister Piyush Goyal is in the US to push forward negotiations —
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