Latest Stock Market News

Nifty is near a key support level of 24,900. A break below could lead to further decline. Analysts suggest short positions in Nifty and select stocks. Profit-booking is advised around 24,500. A rally towards 25,200 presents selling opportunities. Buy-on-dips strategy is ideal. Aggressive longs should be considered above 25,550.

Reliance Industries reported strong operating profit growth in the June quarter, driven by oil marketing, retail, and digital services. Excluding a one-time gain, operating profit and net profit grew by 15% and 25% respectively. The company saw growth in its O2C business, telecom subscriber base, and retail segment, with Motilal Oswal reiterating a "buy" rating on the stock.

Indian banks face challenges in attracting large corporations back to traditional lending. Companies are increasingly favouring capital markets for funding. Bond and equity markets offer competitive rates. HDFC Bank and ICICI Bank have reported slower corporate loan growth.

Emerging markets are increasingly using the euro bond market. This is happening at the quickest rate in ten years. Demand for diversification from the US dollar is driving this trend. Investors are showing more interest in developing debt. Euro-denominated bonds are becoming more popular. Companies and governments are actively issuing euro-denominated debt.

Private markets are booming, attracting retail investors as companies stay private longer. Assets have tripled since 2013 and are projected to reach $62 trillion by 2034. Regulatory changes and new platforms are expanding access, with firms like Forge Global lowering investment minimums, while the White House considers allowing 401(k) investments in private equity.

Markets faced a third consecutive week of losses amid disappointing earnings and US-India trade uncertainty. Several companies reported their Q1FY26 results, including ICICI Bank, HDFC Bank, Yes Bank, RBL Bank, and RIL, showcasing varied performance. Additionally, Sona Comstar entered the China EV market, while Jio Financial announced a reinsurance joint venture with Allianz.

Investors were also hoping for some progress in trade talks ahead of President Donald Trump s August 1 tariff deadline, with U.S. Commerce Secretary Howard Lutnick still confident a deal could be reached with the European Union.

Oil prices saw minimal movement on Monday as traders assessed the impact of new European sanctions on Russian oil and rising Middle East output. The EU s 18th package of sanctions targets entities like India s Nayara Energy. Russia has downplayed the sanctions impact, while Rosneft criticized them as threatening India s energy security.

The Japanese yen saw gains after the ruling coalition lost its upper house majority. Investors are concerned about policy issues and market instability. This comes before tariff talks with the United States. Prime Minister Shigeru Ishiba s party did not secure enough seats. The yen strengthened against the dollar and euro. Political uncertainty could lead to foreign investors selling Japanese assets.

Gold prices saw minimal movement in early Asian trading, as investors are keenly awaiting developments from U.S. trade discussions and the European Central Bank s upcoming policy decision this week. Market participants are also monitoring U.S. President Donald Trump s tariff deadline, while in Japan, election results have weakened Prime Minister Shigeru Ishiba s position.