News Overview

The two primary data points that are due this week are the ADP national employment report and the non-farm payrolls report.

Ahead of the Bank of England's policy decision on Thursday, the value of sterling remained stable at a 2-1/2-week low relative to the euro.

Brent crude futures increased by 20 cents, or 0.3%, to $81.33 a barrel. West Texas Intermediate (WTI) oil futures for the United States increased by 9 cents, or 0.1%, to $77.25 a barrel.

Ola Electric Mobility Ltd's IPO is a significant event in the Indian EV market, providing investors an opportunity to participate in the growth of a leading player in the industry.

FPIs may have been upset about the budget, but the market indices gave a thumbs-up and, rightly so!

The big trigger in the coming week will be the Fed policy statement on the last working day of July 2024

The S&P 500 gained 59.88 points, or 1.11%, closing at 5,459.10 points. The Nasdaq Composite also climbed, adding 176.16 points, or 1.03%, to reach 17,357.88.

Here are some of the stocks that may see significant price movement today: UltraTech Cement, ICICI Bank, Punjab National Bank, etc.

Tata Power Solar & Bank of India partner to provide affordable financing to accelerate installation of Rooftop Solar and EV Charging Stations.

Top gainers in the Sensex included Bharti Airtel, JSW Steel, Wipro, and Tata Steel, all of which contributed to the strong performance of the index.