News Overview

While hinting at a 25 bps rate cut in September, Jerome Powell ruled out two rate cuts in year 2024

The merger between Star and Viacom18 has already been referred to the National Company Law Tribunal (NCLT) for final decision.

In March of this year, the government announced a new electric vehicle policy to attract major global players such as Tesla.

Sterling remained at a one-month low after falling over 1% overnight as the Bank of England began its interest-rate-cutting cycle in a carefully calibrated decision.

Brent crude prices increased 33 cents, or 0.4%, to $79.85 per barrel, after sliding 1.5% the previous session.

Here are some of the stocks that may see significant price movement today: Tata Motors, ITC, Kalyan Jewellers, etc.

There was a notable change in the FII net long positions, which reduced from ₹1.44 Lakh Crore on Wednesday to ₹1.66 Lakh Crore on Thursday.

Indian Oil Corporation Limited (IOC) raised prices of aviation turbine fuel (ATF) and 19-kg commercial liquefied petroleum gas (LPG) cylinders effective August 1.

Sector-wise performance was mixed, with auto, capital goods, IT, media, telecom, PSU Bank, and realty sectors experiencing losses ranging from 0.5 to 2%.

Ceigall India intends to offer its shares on both the BSE and the NSE, with a planned listing date of August 8.