News Overview

Net profit appears to have grown by 20%, however this is due to lower financing costs, increased other income, and lower taxes.

The ban was imposed because these stocks exceeded 95% of the market-wide position limit (MWPL).

Brent crude futures for September slipped 38 cents, or 0.5%, to $81.33 a barrel. U.S. West Texas Intermediate crude for September fell 33 cents, or 0.4%, to $77.26 per barrel.

The spot gold price remained constant at $2,398.17 per ounce. Gold futures fell 0.8% to $2,397.40.

For further insights and updates on the Indian stock market, stay tuned.

The yen climbed more than 0.5% to an intraday high of 152.835 per dollar, its best in 2-1/2 months, as traders abandoned short yen bets ahead of the BOJ's July meeting

The net interest income (NII) of India's largest non-banking finance company in April-June increased by 25% year on year to ₹8,365 Crore.

Alembic has 210 ANDA approvals from the USFDA, including 182 final approvals and 28 tentative clearances.

Here are some of the stocks that may see significant price movement today: Larsen & Toubro, Axis Bank, Jindal Steel and Power, etc.

The Sensex fell by 280.16 points, a 0.35% drop, to close at 80,148.88, while the Nifty decreased by 65.50 points, a 0.27% decline, ending at 24,413.50.