News Overview

There was a clear preference in the market for the large cap stocks over the mid cap and small cap stocks

The coming week will be less about data flows and more about corporate results and global oil prices

In the previous quarter ending March 31, 2024, TCS had $900 million worth of AI and Gen AI projects in its pipeline.

TCS focuses on campus recruitment and quarterly planning to address skill gaps, adjusting hiring based on identified needs.

As of the June 2024 quarter, foreign ownership in HDFC Bank stood at 54.83%, slightly below MSCI's 55.5% threshold for a weightage increase.

Zee Entertainment's board will convene on July 16, 2024, to consider and approve the specifics of the fundraising initiative.

Quant Mutual Fund maintains the SEBI investigation is a routine data collection and analysis process.

Vi is also in discussions with lenders to raise debt funding of ₹25,000 Crore, as part of its fundraising strategy.

The Sensex is up by 747 points or 0.94% at 80,644, while the Nifty has risen by 229 points or 0.94% at 24,547.

On Global Energy Independence Day, Hindustan Zinc announced the start of the first phase of renewable energy integration from Serentica Renewables.