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In our NFO Pick section, this week we have picked a hybrid scheme.

Nifty Bank and Financial Services indices are under pressure.

Brent crude futures were down 57 cents, or 0.7%, to $79.30 per barrel, while U.S. West Texas Intermediate crude was down 52 cents, or 0.7%, to $74.90 per barrel.

The Indian steelmaker is in talks with banks about potential financing.

Spot gold was down 0.1% at $1,952.58 per ounce. To $1,957.20, U.S. gold futures were down 0.4%.

The partnership aims to cover a wide range of vehicles, including utility vehicles, light commercial vehicles, farm equipment, and tractors.

The company has proposed an investment of Rs 4067.27 crore for the implementation of advanced metering infrastructure projects.

As motorcycle manufacturers observe significant value and volume growth in this category, which sold over 800,000 units in FY23, competition in the 250cc-plus bike market is escalating.

The euro hovered just below that top at $1.1228 after rising 2.4% last week to a 16-month high. The yen maintained steady at 138.69 per dollar last week, rising 2.4% overall.

Investors are anticipating the announcement of the drugmaker's quarterly results on July 26.