News Overview

With robust net inflows, Indian mutual funds saw aggressive churn action in equities during July 2024

It was about lower food prices, but also about the high base effect, so this sharp fall in inflation may be a one-off

According to the NSE, the derivative contracts for these securities crossed the 95% MWPL threshold, triggering the ban period on the exchange.

IRCTC reported a 32.5% on year increase in net profit for the quarter ended June to ₹307.72 crore from ₹232.21 crore

The market breadth was positive, with 1,553 shares advancing, 854 shares declining, and 133 shares remaining unchanged.

Here are some of the stocks that may see significant price movement today: Hero MotoCorp, Vedanta, Sansera Engineering, etc.

The company’s 4G subscriber base continued its growth for the twelfth consecutive quarter, rising to 126.7 million from 122.9 million in the previous quarter.

Additionally, the BSE Midcap and Smallcap indices both lost 1% during the session.

The Firstcry IPO was subscribed 12.22 times in total, with offers for 60.64 crore equity shares vs 4.96 crore shares on the sale.

The company expects to raise 160.01 crore from its initial offer, including 104 crore through fresh shares.