Get App
PRE MARKET
Gift Nifty indicates a flat start for the broader index in India, with a gain of 5.5 points or 0.02 percent. The Nifty futures were trading around the 25,532 level.
While Indian markets faced challenges, US indices closed higher. The S&P 500 and Nasdaq Composite reached all-time highs during the week, following the passage of Trump’s reconciliation bill by the Senate on Tuesday and the House of Representatives.
Stock markets slipped in Asia amid much confusion as U.S. officials flagged a delay on tariffs but failed to provide any detail or paperwork on the change, while oil prices slid as OPEC+ opened the supply spigots more than expected.
Japan’s Nikkei, the Taiwanese weighted index, and Hong Kong’s Hang Seng went down by 0.44, 0.7,5, and 0.49 percent respectively.
STOCKS TODAY
Rail Vikas Nigam
The company has received a Letter of Award (LOA) from Southern Railway for the upgradation of the electric traction system from 1×25 kV to 2×25 kV in the Salem Division of Southern Railway, aimed at meeting a 3,000 MT loading target. The total cost of the project is Rs 143.4 crore.
BEML
The company has bagged two separate export orders – One from the Commonwealth of Independent States (CIS) region for the supply of heavy-duty bulldozers, and the second from Uzbekistan for the supply of high-performance motor graders. The total contract value is $6.23 million.
Hazoor Multi Projects
The company has received a Letter of Award (LOA) from Apollo Green Energy for NHPC’s 200 MW grid-connected solar PV project in GSECL’s RE Solar Park, Khavda (Stage-3), Gujarat. The total value of the awarded project is Rs 913 crore.
Mahindra Lifespace Developers
The Mahindra Group has launched a new tower at Mahindra Citadel, part of a 9.66-acre residential development in Pune, with an overall gross development value (GDV) of nearly Rs 2,500 crore
Shilpa Medicare
The company’s subsidiary, Shilpa Pharma Lifesciences’ Unit-1, has completed a GMP inspection by the Brazilian regulatory authority, ANVISA. The audit was conducted from June 30 to July 4 and concluded with no critical or major observations. Some procedural observations and recommendations were discussed during the inspection.
Source – Moneycontrol