11:11 | Gold's worst quarter since 2013, Alphabet drives India's FDI surge, Iran's 'new' Trump plot

Good morning, and welcome to today's 11:11 newsletter.

Gold has just had its worst quarter since 2013, Alphabet drove more than a third of India's FDI inflows in 2025, and TCS shares rose after its Q1 results. Also in focus is a reported new Iranian plot to kill Donald Trump. Here's a look at the top stories today.

Israel shared intel about 'new' Iran plot to kill Trump

Israel shared intelligence with the US this week about a new and "specific" plan by Iran to assassinate President Donald Trump, US media reported Thursday. The reports come as renewed US and Iranian attacks raised fears of a return to all-out war, and after Trump's puzzling use of an old plane to depart from Turkey after the NATO summit.

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Gold just had its worst quarter since 2013. What that means for the metal’s role as portfolio hedge

Gold futures tumbled more than 13% in the second quarter – its worst since 2013. That isn't necessarily your cue to dump the metal from your portfolio, though.

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Alphabet drives more than one-third of India's FDI inflows in 2025

India's foreign direct investment (FDI) surged 44% to $39 billion in 2025, with US-based Alphabet accounting for more than a third of the inflows, according to the United Nations Conference on Trade and Development (UNCTAD).

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TCS shares gain 4% after Q1 results; 65% of the analysts tracking say 'buy'

Shares of Tata Group giant and India's largest IT services company, Tata Consultancy Services Ltd. (TCS), gained as much as 4% in reaction to their June quarter results on Friday, July 10. The results, which were in-line with subdued expectations, were reported after market hours on Thursday.

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'Powerful Compounding Story': JPMorgan bets on Lenskart but highlights one major risk

Shares of Lenskart Solutions Ltd. are expected to be in focus on Friday, July 10, after global brokerage firm JPMorgan initiated coverage on the stock with an 'Overweight' rating. The brokerage has assigned a price target of ₹635 per share, implying an upside of nearly 16% from Thursday's closing price of ₹547.10.

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Top stock picks

On Friday, market tech analysts Sudeep Shah and Mitessh Thakkar recommended these stocks for the short term: Premier Energies, Sun Pharma, Kaynes Tech, LIC, Can Fin Homes on experts' buy list

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Gold, silver prices today: Why bullion remains volatile this week

Gold and silver prices remained under pressure in international markets on Friday (July 10), even as geopolitical tensions in West Asia and uncertainty over the US Federal Reserve's policy path continued to keep investors cautious.

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India cuts import duty on UK-built petrol, diesel cars; sets 20,000-unit quota for year one

The Directorate General of Foreign Trade (DGFT) has notified the procedure for importers to seek government approval for quota-based duty concessions on imports of UK-built vehicles under the India-UK Comprehensive Economic and Trade Agreement (CETA), which comes into force on July 15.

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₹10,000 monthly SIP in this mutual fund has grown to nearly ₹97 lakh in 16 years

Mirae Asset Large & Midcap Fund has completed 16 years since its launch, with a ₹10,000 monthly systematic investment plan (SIP) made since inception growing to ₹96.9 lakh as of May 31, according to data released by Mirae Asset Mutual Fund.

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Kalyan Jewellers shares set for best week on record after 35% surge in three sessions

Shares of Kalyan Jewellers India Ltd. gained another 7% on Friday, July 10, extending their winning streak to a third straight session. The stock has now rallied nearly 35% over the last three trading sessions.

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Andhra govt accords in-principle approval for ₹750 crore Tirupati 'City of Lakes and Tanks' project

The Andhra Pradesh government has accorded in-principle approval for a ₹750 crore project to develop Tirupati as a ’City of Lakes and Tanks’, boosting climate resilience and flood mitigation.

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