News Overview

The big data point this week will be the inflation numbers from India and the US markets

According to BSE data, Shree Tirupati Balajee has received bidding for 88,30,70,280 shares against the company's offer of 1,43,08,000 shares.

The Nifty index saw 781 stocks advancing, while 1,686 stocks declined.

As employment data confirms rate cut in September, Fed will look at more data points for hard landing risks

The IPO aims to raise ₹169.65 Crore through a fresh issue of 14,750,000 shares and an offer for sale of 5,690,000 shares, each with a face value of ₹10.

Tourism is booming in India and the Kotak Tourism Index Fund is the right opportunity to play the stock market side of the story

The US jobs data opens the doors for a definite 25 bps rate cut; and a possible 50 bps rate cut in September

In India, EVs had a 6.3% market share last year, up 50% from the previous year. Batteries account for roughly 40% of an EV's pricing.

Yunus' government has criticised the costly infrastructure agreements signed by Hasina, particularly the problematic agreement with Adani.

The selling pressure was largely concentrated on Friday, ahead of the critical US jobs data announcement