The slowdown in core services, coupled with the rise in unemployment beyond 4% for the first time since November 2021, is encouraging. Additional indicators like housing, retail sales, and industrial activity also show weakening trends. As we observe these shifts in the economic landscape, we might witness a change in the Federal Reserve's narrative.

The record date, set by the company, is crucial for determining shareholders' eligibility for corporate actions like buybacks, bonus issues, or stock splits. Only shareholders whose shares are held in demat accounts on this specific date will qualify for these benefits.

HDFC Bank's Q1 FY25 financial results are likely to be less impressive than the previous quarter, primarily due to slower deposit growth. The merger with HDFC Ltd. makes year-over-year comparisons irrelevant. Loan growth is also expected to moderate, impacting net interest income. While the bank navigates the challenges of integration and a tougher economic environment, its profitability might see a minor dip in this quarter.

Japan's Nikkei fell 0.16% to 40,063.79, dipping below the 40,000 psychological mark. Topix dropped 0.27% to 2,860.83. Semiconductor stocks rebounded post-TSMC earnings, with Tokyo Electron and Advantest rising. Renesas Electronics increased 3.6%. U.S. stock declines affected sentiment. Disco fell 4.6%. Namioka anticipates a rebound. Thursday saw a 2% decline, with 159 constituents dropping, and strong revenue is expected.

Second-quarter earnings from Tesla, Alphabet, Microsoft, and Apple might reverse a nearly 6% tech sector loss, $900 billion shed. The S&P 500, down 1.6%, was cushioned by financials. September rate cut expectations, Trump's re-election, and an assassination attempt diverted funds. Philadelphia SE index and Nvidia gains were notably impacted.

Monetary and political shifts drive traders to options exchanges, raising tail-risk costs. Fed's potential rate cuts and weak inflation shift investments, boosting ETF inflows. Nasdaq, Bloomberg Magnificent 7 fall; junk bonds, Russell 2000 rise. VIX climbs, reflecting tech bearishness. S&P 500 dips. Bullish options demand rises. Experts warn against Fed delays. Trump's odds improve amidst assassination attempt.

Companies working to help India meet its net-zero goals will be among the beneficiaries of the foreign capital flows, according to K Balasubramanian, head of corporate banking for Southeast Asia and the Indian subcontinent.

The new government is expected to largely retain its tax and non-debt capital receipt projections as was presented during the Interim Budget in February. In that case, a transfer of Rs 2.11 trillion by the RBI translates into excess receipts of about Rs 1.5 trillion in FY25. A considerable part of it is likely to be spent under various heads, while a small portion could be used to reduce the fiscal deficit.

On Friday, Financial Services Secretary Vivek Joshi conducted a review of the Life Insurance Corporation of India's (LIC) annual performance for the fiscal year 2024. The Ministry's statement highlighted that senior LIC officials attended the meeting, which centered on evaluating the life insurer's accomplishments across various financial metrics and strategizing future directions.

L Catterton, backed by LVMH, plans to raise a ₹4,000 crore rupee fund for India under Category-II AIF. In a joint venture with ex-HUL CEO Sanjiv Mehta and other executives, they've applied to SEBI. Targeting banks and high net-worth individuals, the fund aims for investments with a 3.1x realized return record in Asia.

Asian shares dropped, with the MSCI Asia-Pacific index falling 1.56% and Nikkei seeing significant declines. Tech stocks, oil prices, and gold also dipped amidst Tokyo's intervention, mixed futures for S&P 500 and Nasdaq. ECB held rates, U.S. data, weak Chinese property sector, yuan weakness, and core inflation affected markets. Brent crude at $84.72.

European shares declined due to global uncertainty, including Sino-U.S. tensions, Japanese forex intervention, tech sell-off, and U.S. airlines' communication issues. Asian markets, dollar, oil, gold prices, ECB decision, Chinese data, real estate index, British retail sales, Tokyo intervention, and strong U.S. data affected sentiment. Experts Matt Simpson and Vishnu Varathan provided analysis.

A Crowdstrike software glitch caused U.S. stock declines Friday. Dow Jones, Nasdaq, S&P 500 dropped amid high volatility. Nvidia, Philadelphia SE Semiconductor Index fell. Fed targets 2% inflation. Russell 2000 declined. Strong second-quarter earnings; Tesla, Alphabet next week. Eli Lilly, Intuitive Surgical, SLB rose. Travelers, Netflix fell. Negative weekly performance. Volume down, investor anxiety up.

Ajit Dayal of Quantum Advisors cautions investors about the overflow of froth from small and mid-cap stocks into large caps. Despite optimism about the Indian economy, high share valuations raise concerns. Warning against potential crisis in illiquid and small-cap stocks.

SpiceJet's board meeting on Tuesday, July 23, aims to raise funds via a qualified institutional placement. Shares initially rose 5%, closing at ₹56.38 on the BSE. Ajay Singh prioritizes funding due to defaults on aircraft lease rentals, statutory dues, and salary payments amid increasing Indian aviation market demand. Sebi regulations guide targeting qualified institutional buyers.

​Berkshire still owns more than 998 million shares, valued at over $42 billion, making the conglomerate one of the bank’s largest shareholders, according to Bloomberg data. Bank of America stock has risen 7.9% in the month to date.

Indian Hotels Company (IHCL) reported Q1 profit of ₹260 crore and revenue ₹1,550 crore, up 10% and 6%. Ginger, Qmin, Ama Stays & Trails saw 37% revenue growth. TajSATS and The Chambers rose 17%, achieving a 31% Ebitda margin. Despite election impacts, demand outpaced supply. Management fee income ₹114 crore. CEO Puneet Chhatwal credited the diversified top line.

In Greed & Fear, Chris Wood noted reduced concern about capital gains tax hike, warning of significant market impact. Sensex and Nifty fell. India’s market cap to GDP is 145%. A reduced mandate makes tax hike unlikely. US Fed may ease policy with 25bps cut by September and 64bps by 2024; growth could slow materially.

Reliance Industries faced profit constraints in the June quarter due to declining refining margins. Analysts anticipate ongoing uncertainty in refining margins. Stock rose 14% driven by telecom earnings growth. Telecom sector saw subscriber addition and expects revenue increase from recent tariff hike. Retail segment reported 10.5% operating profit growth.

The disruptions, affecting flights, banks, and doctors' appointments worldwide, were caused by a major outage. Cybersecurity firm CrowdStrike clarified that the issue was not a security incident or cyberattack but resulted from a faulty update sent to computers running Microsoft Windows. The company has since deployed a fix to address the problem.

The IT major exceeded analysts' expectations with a consolidated net profit of Rs 3,003 crore for the quarter ending June 30, 2024. This marks a 4.6% increase compared to that in the same period last year.

A research carried out by the regulator had found that investors lose in 9 out of 10 trades in the F&O segment. Starting from a level where it insisted on disclosing risks, Sebi has been proactively trying to dissuade investors from the segment lately.

Long unwinding refers to the selling of positions or stocks owned for a longer period either to book profit or to exit it in anticipation of impending bearishness. In Friday's trading session, five stocks witnessed a long unwinding. Here's the list:

IFSCA has been added to the list of financial sector regulators to enable Credit Rating Agencies (CRAs) and ESG Rating Providers (ERPs) to undertake rating and ESG rating activities, respectively, at IFSC-GIFT City, Gujarat, Sebi said in separate circulars

स्मॉल औरAccording to AMFI, mid cap companies are ranked from 101 - 250th position onwards in terms of market capitalization. Here are the mid cap stocks in which mutual funds reduced in June, according to the Mutual Funds Insight report by Nuvama. मिड कैप स्टॉक्स में निवेशकों को अच्छा रिटर्न मिला है

Wall Street's primary indexes declined at the opening bell on Friday as investors shifted focus away from prominent semiconductor and large-cap tech stocks, amidst concerns over the effects of a widespread global tech outage.

​​Like some of the larger peers, it showed a marginal uptick in the banking, financial services, and insurance (BFSI) vertical, the largest vertical contributing 34% to the revenue durng the quarter. While its revenue guidance for the September quarter looks a bit more optimistic than its forecast for the June quarter, demand revival is likely to take a few more quarters.

The short-term trend for Nifty appears to have reversed from its all-time highs. According to daily and weekly chart patterns, there may be further weakness in the market ahead. Key support levels to monitor are around 24,200 and 24,000. Immediate resistance is at 24,850, according to Nagaraj Shetti of HDFC Securities

The QIP witnessed significant interest from foreign institutional investors (FIIs), mutual funds, insurance companies and other investors, PTI had reported, adding that prominent mutual funds like Nippon, ICICI Prudential, SBI, Mirae, and White Oak put in bids in the offer.

Both Sensex and Nifty have risen over 5% each, reaching record highs in the last one month. This surge is attributed to the policy stability of the new Modi government and optimistic growth-oriented Budget expectations from Finance Minister Nirmala Sitharaman. According to a market analysis by ETMarkets, in the last 10 Budgets, the Sensex has shown positive returns six times on the day before the Budget, while it has declined on four occasions.

The 30-share BSE benchmark Sensex tumbled 739 points, or 0.91%, to settle at 80,604. The broader NSE Nifty plunged 270 points, or 1.09%, to end at 24,531. Among the Sensex stocks, Tata Steel, JSW Steel, Tata Motors, NTPC, UltraTech Cement, and Tech Mahindra were the top laggards, falling 3-5%. Except for Infosys, ITC, Asian Paints, and HCL Tech, all Sensex constituents ended in the red.

Both Sensex and Nifty have risen over 5% each, reaching record highs in the last one month. This surge is attributed to the policy stability of the new Modi government and optimistic growth-oriented Budget expectations from Finance Minister Nirmala Sitharaman. According to a market analysis by ETMarkets, in the last 10 Budgets, the Sensex has shown positive returns six times on the day before the Budget, while it has declined on four occasions.

Chris Wood notes $7.6 billion monthly retail inflows boosting Indian equity ownership to 18.4% by FY24 from 16.6% in FY21, while foreign institutional ownership is 19.9%.

Bharti Airtel is close second to LIC with a gain of 68.2% in the same period, while the country’s largest public sector lender State Bank of India (SBI) gained 47.64%, according to the stock exchange data.

Members of the promoter family of Godrej Industries Group, including Nadir Godrej and the children of his brother Adi Godrej, have taken control of flagship firm Godrej Industries Ltd (GIL) with a 64.66 per cent stake under the settlement agreement, GIL said in a regulatory filing on Friday.

Finance Minister Nirmala Sitharaman is scheduled to unveil the 2024 Budget on July 23. According to ETMarkets' backtesting, they identified stocks that have recorded gains of over 1% in the day prior to the budget announcement across the last five budgets. The analysis was limited to stocks with a market capitalization exceeding Rs 1000 crore, revealing that six stocks have met these criteria. (Data Source: ACE Equity)

Dalal Street traders faced disruptions from Microsoft's service outage, affecting brokerage firms like 5paisa and IIFL Securities. The outage, linked to Crowdstrike/Microsoft cybersecurity solutions, prompted efforts to restore systems swiftly, 5paisa reported on X platform.

Shares of RVNL surged 8.7% as the company signed an MoU with United Construction of Israel and settled a dispute with KRCL. The stock has seen significant growth over the past year.

At 2:15 PM, the stock was trading 4% higher at Rs 462.7 on the BSE. Despite a 23% increase over the past three months, it has fallen 45% over the past year. Technically, the stock's relative strength index stands at 55.8. The MACD is at 19.4, positioned above its center and signal line, suggesting a bullish trend.

Dalal Street traders faced disruptions from Microsoft's service outage, affecting brokerage firms like 5paisa and IIFL Securities. The outage, linked to Crowdstrike/Microsoft cybersecurity solutions, prompted efforts to restore systems swiftly, 5paisa reported on X platform.

Just take a small test, how many brands of pressure cooker can you recall. One or maybe two. It does not mean that there are only two companies which make pressure cookers. The answer is no. Now let's move to another sector, the water purification system, again maybe one or two. Now let's put this in context. Recently an FMCG company with a big power of cash to spend and distribution system, sold its water purification business to another company. The reason for moving out? it was not able to make a dent in this niche industry. That is what the power of an established brand can do, it can beat even the best of the competition which has the power of cash. There are companies which have brands which have remained strong and grown for many decades and they have grown, not to say they haven't faced issues, but finally they have grown.

Lotus Chocolate, under Reliance Consumer Products, experienced a significant surge in shares, reaching an all-time high after reporting a substantial increase in Q1 profit. The company, known for high-quality chocolate products, has shown remarkable growth and aims to compete with major confectionery players in the market.

Budget 2024: What's essential for the mutual fund industry right now? Should indexation for debt mutual funds be reinstated? Find out what's on the horizon in this exclusive budget special episode with Feroze Azeez, Deputy CEO of Anand Rathi Wealth.

On Friday, LSEG's Workspace experienced a global outage during the Asian session, stopping news publication due to a technical issue. Despite normal operations at the London Stock Exchange, currency pricing at 0600 GMT was disrupted. A London-based trader noted severe financial sector impacts. LSEG, serving a global audience, is investigating and was unavailable for Reuters' comment.

Dalal Street traders faced disruptions from Microsoft's service outage, affecting brokerage firms like 5paisa and IIFL Securities. The outage, linked to Crowdstrike/Microsoft cybersecurity solutions, prompted efforts to restore systems swiftly, 5paisa reported on X platform.

The seventh budget of Finance Minister Nirmala Sitharaman is expected to do a tightrope walk between consumption and investment. Although there may be a push towards consumption-led economic growth for immediate results, sustainable long-term growth requires prioritizing investment as it drives innovation, improves infrastructure, and creates enduring job opportunities, ensuring economic resilience.

On Friday, LSEG's Workspace experienced a global outage during the Asian session, stopping news publication due to a technical issue. Despite normal operations at the London Stock Exchange, currency pricing at 0600 GMT was disrupted. A London-based trader noted severe financial sector impacts. LSEG, serving a global audience, is investigating and was unavailable for Reuters' comment.

Dalal Street traders faced disruptions from Microsoft's service outage, affecting brokerage firms like 5paisa and IIFL Securities. The outage, linked to Crowdstrike/Microsoft cybersecurity solutions, prompted efforts to restore systems swiftly, 5paisa reported on X platform.

Union Budget 2024, on 23 July, prioritizes fiscal consolidation using RBI windfall. Focus areas: social welfare, affordable housing, increasing PM KISAN to Rs.7,500, tax incentives. NDA 3.0 aids 3 crore households. Strategies include lower interest rates, GIFT City perks, MSME support, rural infrastructure, F&O trading curbs, PSU divestment, Employment Linked Incentives, simpler capital gains tax, and addressing dividend double taxation.