News Overview

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.

The IPO consists of a fresh issue of ₹680 crore and an offer for sale (OFS) of up to 1.73 crore shares at a face value of ₹2 each.

Domestic sales were down 9% to 12,926 units from 14,207 units in July 2023, according to Ashok Leyland.