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The rupee opened lower at 95.48 against the US dollar, pressured by the RBI’s early deadline for forex swap facilities. Despite weaker dollar expectations, geopolitical risks and domestic factors could add volatility, with experts warning of potential weakness ahead.
UPL Share Price Live Updates: UPL Experiences New 52-Week Low
Dr Reddys Share Price Live Updates: Dr. Reddys Trading Under Pressure
MCX gold October futures were 0.37% up at ₹1,55,079 per 10 grams, while MCX silver September futures were 0.74% up at ₹2,37,678 per kg around 9:15 AM.
Bajaj Finance Share Price Live Updates: Bajaj Finance slips below its 20-day EMA
Behari Lal Engineering’s IPO allotment for its ₹302-crore issue is set to be finalized today. Investors can check status via the registrar’s site or BSE/NSE portals. The stock’s GMP is around 30%, signaling expectations of a solid listing pop.
The Lalithaa Jewellery Mart IPO opens on 17 August and closes on 19 August, priced between ₹190– ₹201 per share. The company aims to raise ₹1,700 crore, with ₹508 crore already secured from anchor investors ahead of the public issue.
Shiprocket IPO GMP: According to market observers, the company shares are available at a premium of ₹32 in the grey market today
Market bets on Federal Reserve interest-rate hikes are still too aggressive given that inflation in the world’s biggest economy is cooling, according to Goldman Sachs Group Inc.
Ashok Leyland shares rose 2.15% after the commercial vehicle maker reported a 2% YoY increase in consolidated net profit to Rs 668 crore in Q1. Revenue rose 10% to Rs 10,750 crore, while standalone net profit hit a record Rs 609 crore. However, EBITDA margin narrowed to 10.1% from 11.1% due to rising material costs…