News Overview

July 2024 was a month when the merchandise trade deficit with China and Russia widened sharply

According to Bombay Stock Exchange data, General Atlantic held a 5.13% ownership in the company as of June 30, 2024.

Sterling was trading at $1.3033 after reaching a high of $1.3054 on Tuesday, a level last touched in July of last year.

According to the NSE, these securities exceeded 95% of the MWPL, triggering the F&O ban.

Spot gold remained unchanged at $2,514.79 per ounce, trading below its all-time high of $2,531.60 set on Tuesday.

The ₹214.76-Crore IPO opens for subscription on August 21 and closes on August 23, with a price band of ₹195-206 per share.

Here are some of the stocks that may see significant price movement today: Cyient DLM, PNB Housing Finance, GE T&D India, Genus Power, etc.

Brent crude futures declined 9 cents to $77.11 a barrel. U.S. West Texas Intermediate crude fell 10 cents to $73.07 per barrel.

The trade data shows signs of pressure on the CAD, which is likely to keep the Indian rupee under pressure

While the CME Fedwatch is optimistic about rate cuts, the Fed is still to be full convinced that it is time to be dovish