Ecommerce order volumes up 31% during Independence Day sales

Federal Reserve officials remain concerned about persistent inflation pressures. Incoming price reports will guide future interest rate decisions by policymakers. A divided committee discussed scenarios for potential policy responses. Some officials favor holding rates steady while others see hikes as appropriate. The central bank awaits crucial economic data to shape its next move.

Nuvama Institutional Equities and Motilal Oswal Financial Services have initiated coverage on Vedanta Aluminium with ‘Buy’ ratings and target prices of Rs 540, citing strong earnings growth, cost reduction initiatives, firm aluminium prices and robust cash flow generation as key drivers.

SJVN Ltd is quoting at Rs 67.19, down 0.07% on the day as on 13:19 IST on the NSE. The stock is up for a third straight session today in last one year as compared to a 1.31% down 0.73%. in NIFTY and a 11.19% up 62.52% in the Nifty Energy index.