News Overview

The windfall tax on export of petrol, diesel and aviation turbine fuel has since been cut to zero.

In the previous session, there was a roughly 4% increase in the most active contracts on both benchmarks.

Spot gold was unchanged at $2,448.38 per ounce, having reached its highest level since July 18 earlier in the day.

An action-packed Wednesday began with the BOJ hiking Japan's interest rates to levels not seen in 15 years, prompting traders to reconsider popular carry trades

The timing of the tax notice comes as a setback for Infosys and other major Indian IT firms

The Pune-based company reported a revenue of ₹6,480.86 Crore for FY24, up from ₹5,632.54 Crore in the previous fiscal year.

Ceigall India's IPO, set with a price band of ₹380 to ₹401 per share, will open for subscription on August 1 and close on August 5.

The Fed maintained its benchmark overnight interest rate in the 5.25%-5.50% range and indicated the possibility of easing monetary policy if inflation trends positively.

Here are some of the stocks that may see significant price movement today: Coal India, Bank of Baroda, Maruti Suzuki, etc.

On Monday, the business said that it had received ₹829 crore from anchor investors ahead of the public share sale subscription period.