Market

Equity markets start strong but face selling pressure, waiting on U.S.-India trade talks, with foreign fund outflows impacting sentiment. Source

Unemployment claims fell to 221,000 last week, the lowest in three months, showing a strong US labor market despite tariff concerns. Source

Rupee weakens against the dollar due to trade uncertainties, equity market trends, and volatile oil prices. Source

From 30 Sensex firms, Adani Ports, NTPC, Power Grid, State Bank of India, Nestle, Mahindra & Mahindra, Reliance Industries and Tata Consultancy Services were the biggest laggards. Source

Sensex and Nifty drop as IT shares sell off, investors cautious ahead of U.S.-India trade talks outcome. Source

Consolidated net profit rose to ₹133 crore for the quarter ended June 30, from ₹2.75 crore a year earlier. Revenue rose 9% to ₹2,872.7 crore from ₹2,636 crore. Source

Adani Group sells 20% stake in AWL Agri Business to Wilmar International for ₹7,150 crore. Source

The 30-share BSE Sensex declined 134.27 points to 79,514.65 in early trade. The NSE Nifty dipped 38.65 points to 24,308.35. Source

Rupee strengthens against US dollar on weaker greenback and lower crude oil prices, despite foreign fund outflows. Source

According to bank officials, current and savings bank (CASA) deposits declined during the quarter. SBI’s CASA deposits fell to Rs 19.41 lakh crore from Rs 19.14 lakh crore in March 2024. Source