News Overview

Indian markets might open flat or slightly negative today due to negative global cues.

Brent crude oil futures were down 4 cents to $83.69 a barrel. U.S. West Texas Intermediate crude futures were also down 4 cents to $80.72.

Lower yields aided gold's rapid rise overnight, breaking through chart barrier around $2,450 per ounce despite a generally firm dollar.

The dollar index remained at a one-month low, closing at 104.26, while the Australian dollar dropped 0.05% to $0.6730.

The market will be closed on July 17 (Wednesday) in observance of Muharram.

The water purification business is part of HUL's Home Care segment and generated a turnover of ₹293 Crore in the financial year 2023-24, representing less than 1% of HUL's total turnover.

In a regulatory filing, Hindalco Industries stated, "... The transaction will now proceed with Ekamaya Properties Pvt Ltd, a wholly-owned subsidiary of Birla Estates Pvt Ltd (previously slated with Birla Estates Pvt Ltd)."

This certification allows a company to apply for approval of a generic drug before the patents of the brand-name drug expire.

Since its IPO on the exchanges on August 21, 2023, the stock has risen more than 40%, with Jio Financial shares up 48% year to date.

Hardeep Singh Puri, Union Minister for Petroleum and Natural Gas, celebrated the feat on the social media platform X (previously Twitter).