Auto Sector

Foxconn, the biggest contract manufacturer in the world for Apple, owns FII.

On Friday, New Delhi will sell bonds to generate 310 billion rupees ($3.78 billion), including a new 14-year note. Traders anticipate the cutoff yield to be in the area of 7.13%-7.18%.

The USFDA completed a Pre-Approval Inspection (PAI) and a routine GMP inspection at Dr. Reddy's API manufacturing facility in Srikakulam,AP, from July 10 to July 19.

As per the agreement, the building of the greenfield EV manufacturing site will be completed within a period of 12 months.

According to a regulatory filing, GQG Partners purchased 2,15,64,517 equity shares of Patanjali Foods via the offer for sale (OFS) mechanism. This is a 5.96% ownership position in Patanjali Foods.

Markets in Asia were also paying attention to China's decision on its loan prime rate (LPR), which is anticipated to maintain lending benchmarks after the central bank decided to do nothing about a crucial policy rate earlier this week.

The government ordered an inspection of the company following reports of alleged tax evasion

The company successfully filed its first Abbreviated New Drug Application (ANDA) for the BORTEZOMIB injection with the US Food and Drug Administration (USFDA).

Recommendation: Buy; Target price: Rs 5092

The dollar index fluctuated close to a more-than-year low, lowering the price of gold for owners of other currencies.