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Manas Jaiswal from Manas Jaiswal Technical Research gives his view on the indices. He is cautious on Nifty but bullish on Bank Nifty. He suggests accumulating Bank Nifty on dips with a stop loss. Jaiswal recommends exiting IEX and suggests Jindal Steel and Eternal for buying. He also picks Tata Steel as a good long-term investment in the metal space.

Grip Invest has introduced Infinite, a reinvestment product designed to streamline fixed-income investments. This auto-SIP feature reinvests monthly bond payouts into curated mutual funds, potentially boosting returns by up to 30%. Grip Invest addresses the challenges of manual tracking and idle returns, particularly benefiting retail investors with smaller payouts, and aims to enhance compounding and prevent value erosion.

European shares rose to a six-week high on Thursday, buoyed by optimism over a potential EU-U.S. trade agreement and upbeat corporate results, as investors awaited the European Central Bank s rate decision later in the day.

Shares of Indian Energy Exchange (IEX) tanked 26% on Thursday, logging their worst intraday single-day performance since listing in 2017. The stock is on track for its seventh consecutive session of losses, extending the declines to 33% in this period.

Canara Bank Q1 results:Net Interest Income (NII) for Q1 FY26 came in at ₹9,009 crore, slightly lower than ₹9,166 crore reported in the same quarter last year. Operating profit for the quarter rose by 12.32% year-on-year to ₹8,554 crore.

Gold prices slipped below the Rs 1 lakh mark as August MCX futures fell amid easing safe-haven demand following the US-Japan trade deal. Silver also edged lower. Analysts expect continued volatility, though key support levels may hold amid global uncertainty and upcoming central bank policy decisions.

Prateek Agrawal sees PSU banks evolving like private peers, favors capital markets over lending, and identifies alpha in sectors like tech, defence, and renewables amid India’s investment-led shift.

NSE has revised lot sizes for derivative contracts on Bank Nifty (from 30 to 35) and Nifty Midcap Select (from 120 to 140), effective July 2025 expiry. Changes follow SEBI’s review guidelines to align notional contract values with market levels.

Adani Energy Solutions announced a consolidated net profit of Rs 512 crore for the quarter ending in June, a significant turnaround from the Rs 824 crore loss reported in the same period last year. The company s revenue from operations also saw a substantial increase, reaching Rs 6,819 crore, marking a 27% rise compared to the previous financial year s corresponding quarter.