US Soybeans test $1,171 support in bearish trend: Live levels
US Soybeans test $1,171 support in bearish trend: Live levels
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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.
As per DLF, FY28 would be an inflection point from a reporting perspective as large projects contribute to the P&L, and thus, unlock the significant gross margin potential of around ₹39,000 crore.
Market barometers, the Sensex and the Nifty 50, continued exhibiting their diverging movement for the third consecutive session on Wednesday, 5 August. The Sensex jumped over 600 points, or nearly 1%, during the session, while the Nifty 50 declined by 0.20%.