News Overview

The Japanese yen was taking a breather from its recent climb as the BOJ began its two-day meeting on Tuesday, after rising more than 2% versus the dollar last week.

Spot gold was down 0.1% at $2,380.31 an ounce. US gold futures barely moved, closing at $2,377.30.

Brent crude oil futures had dropped by 12 cents, or 0.15%, to $79.78 per barrel. At $75.67 per barrel, U.S. oil futures were down 14 cents, or 0.18%.

The company's revenue from operations rose by 12%, amounting to ₹4,939 Crore, compared to ₹4,410 Crore in the same period of the previous fiscal year.

At the operating level, EBITDA increased by 60.2%, reaching ₹177.5 Crore in the first quarter of this fiscal year, compared to ₹110.8 Crore in the same quarter last year.

The company's initial public offering (IPO), valued at ₹1,856.74 Crore, will open for subscription on July 30 and close on August 1.

On July 29, the BSE Sensex closed with a marginal gain of 23.12 points or 0.03%, ending at 81,355.84.

Here are some of the stocks that may see significant price movement today: HPCL, PNB Housing, Colgate-Palmolive, etc.

During the day, the Nifty 50 and BSE Sensex hit record highs of 24,999.75 and 81,908.43, respectively.

In Q1 FY25, the average daily turnover of commodity futures increased by 48% to ₹ 25,985 Crore, up from ₹17,558 Crore in Q4 FY24.