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As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend.

Investors have one last chance to buy VRL Logistics shares to qualify for the 1:1 bonus share issue, with the record date set for August 14th. To be eligible, shares must be purchased today, accounting for the T+1 settlement cycle. This bonus issue marks the first time VRL Logistics is distributing free shares, doubling holdings for eligible shareholders.

We have collated a list of recommendations from top brokerage firms from ETNow and other sources.

Fractal Analytics, India s first AI unicorn, has filed for an IPO in Mumbai, potentially valuing the company at over $3.5 billion. The IPO aims to raise approximately $560 million, with existing investors selling a significant portion of their shares. Fractal intends to capitalize on the growing investor interest in AI and India s increasing adoption of consumer technologies.

This can indicate potential upward movement and may be used by traders to identify buying opportunities.

Chinese stocks have rallied, driven by increased domestic liquidity and households seeking better returns amid low interest rates. Margin loans have surged, and turnover on onshore exchanges is rising. While major stimulus is absent, actions to curb price wars and improving US trade relations have boosted investor optimism, leading strategists to raise their outlook on Chinese stocks.

Siddharth Vora of PL Asset Management notes the Indian market s resilience. Domestic liquidity is strong with record mutual fund inflows. FII selling and tariff concerns create a range-bound market. Geopolitical de-escalation and a US trade deal could trigger an upside. The firm has reduced financials and IT, increased materials and healthcare, and holds a cash reserve.

Muthoot Microfin CEO Sadaf Sayeed reports positive impacts from MFIN s guardrails, reducing multiple loan borrowers from 20% to 8%. Muthoot Microfin s overleveraged customers decreased to 1%. Despite a typically slow Q1, disbursements reached ₹175 crores, benefiting 311,000 borrowers. The company is focusing on existing customers with higher credit scores, introducing new loan products, and expanding into new territories.

National Securities Depository Limited s Q1 FY26 results are out. Net profit rose 15% YoY to Rs 90 crore. However, revenue from operations fell 23% to Rs 312 crore. Demat account market share increased to 15.5%. NSDL crossed 4 crore demat accounts. Equity market share stood at 73.2%. Shares closed with 1% gains at Rs 1,288 on the Bombay Stock Exchange.