Year: 2026

Zinc hits overbought extreme at 3,705: Hourly levels

Aluminium tests 3,270 resistance on weak trend: Live levels

US Soybeans test $1,171 support in bearish trend: Live levels

Milky Mist Dairy Food will launch its ₹1,553-crore IPO on 11 August, with subscriptions open until 13 August. The company has reported a significant increase in profit and plans to use IPO proceeds to repay debt and expand facilities.

Fund houses are pitching hybrid long-short strategies as ‘arbitrage-plus’ and ‘balanced advantage-plus’ products, while distributors say some investors are already switching.

The RBI Governor Sanjay Malhotra-led Monetary Policy Committee decided to keep the policy repo rate unchanged at 5.25% and maintain a ‘neutral’ stance in its August 2026 policy meeting.

The RBI’s unchanged rates prompted strong buying in rate-sensitive sectors, with the Nifty Auto hitting a record high. The bank upgraded its GDP growth forecast for FY27 to 6.7% and reduced inflation expectations, reflecting overall positive economic sentiment.

A key options trade particularly popular in India to bet on volatility on the day equity derivatives expire showed an unusual pattern on Tuesday, highlighting a potential trading opportunity as market players grapple with a new mechanism for determining closing prices.

Agarwal Toughened Glass India share price opened at ₹143.95 apiece today, as compared to previous close of ₹139.35 on Tuesday. The NSE SME stock touched an intraday high of ₹152.70.

AMD beat quarterly revenue and earnings estimates while forecasting stronger-than-expected Q3 sales, driven by AI chip demand. However, the stock fell after investors expected an even stronger outlook.