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Jaiprakash Toshniwal believes that sectors such as pharmaceuticals, chemicals, and especially speciality chemicals are showing attractive valuations and healthy growth.

China’s services sector grew at its fastest pace in 14 months in July, driven by stronger demand, export orders, hiring rebound, and easing trade tensions, despite challenges in manufacturing.

Fibe s NBFC arm, EarlySalary Services, raised Rs 225 crore via NCDs, with key backing from Franklin Templeton AIF. The funds will boost lending and support digital expansion. Founded in 2015, Fibe now offers diversified credit solutions targeting India’s salaried, tech-savvy population. The raise reflects investor faith in digital lending.

The IPO comprises a fresh issue of 45.57 lakh shares, with a total fundraising target of approximately Rs 102.53 crore. The subscription window closes on August 5, and the company is slated to list on the NSE SME platform on August 8.

Bajaj Auto is expected to report subdued Q1FY26 results on August 6, with modest revenue growth and pressure on margins due to commodity inflation and regulatory costs. Brokerages have mixed views on net profit, forecasting a range of -4% to +4% YoY change.

Pankaj Murarka of Renaissance Investment Managers believes tariffs economic impact will be moderate. He anticipates consumption will remain unaffected due to its domestic focus, despite a post-Covid economic slowdown. Murarka forecasts a 12-13% CAGR return, with potential earnings recovery in financials and consumer sectors in the second half of the year.

Raamdeo Agrawal of Motilal Oswal Financial Services projects India s stock market to double in four years, adding Rs 400 lakh crore. He emphasizes the untapped potential of over 1,300 profitable unlisted companies, estimating they could unlock Rs 150 lakh crore in market value through listing. Agrawal urges private firms to tap public markets for wealth creation and growth.

The Indian rupee slipped to a record low of 87.65 against the U.S. dollar on Monday due to strong greenback demand from oil companies and importers despite a weaker Dollar Index. Limited RBI intervention and foreign investor equity outflows also added pressure.