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PRE MARKET
The Gift Nifty indicates a negative start for the broader Indian index, with a loss of 35 points, or 0.14 percent. The Nifty futures were trading around the 24,673.50 level.
The Dow Jones Industrial Average fell 64.36 points, or 0.14%, to 44,837.56, the S&P 500 gained 1.13 points, or 0.02%, to 6,389.77, and the Nasdaq Composite gained 70.27 points, or 0.33%, to 21,178.58.
Asian stocks slipped after a flat session on Wall Street, as investors stayed cautious amid a week packed with economic data and corporate earnings.
Japan’s Nikkei, Hong Kong’s Hang Seng, and the Taiwanese weighted index went down 0.72, 1.35, and 0.12 percent, respectively.
STOCKS TODAY
PNC Infratech
The company has emerged as the lowest (L1) bidder for an order worth Rs 2,956.66 crore in a tender floated by South Eastern Coalfields. The contract involves handling, transport, and other mining services, including the hiring of HEMM (Heavy Earth Moving Machinery) for overburden removal and coal extraction by surface miner, as well as loading and transportation of the extracted coal to various destinations at the Gevra OCP expansion project in Chhattisgarh.
RPSG Ventures
The company’s subsidiary, RPSG Sports Ventures (RPSVPL), has executed a Share Purchase Agreement with the England and Wales Cricket Board (ECB) for the acquisition of a 70% equity stake in Manchester Originals for GBP 81.21 million, to be paid for 24 months. With this transaction, Manchester Originals has become a subsidiary of RPSVPL and a step-down subsidiary of RPSG Ventures.
ONGC
Oil and Natural Gas Corporation, in partnership with BP Exploration (Alpha) and Reliance Industries, has signed a Joint Operating Agreement (JOA) for offshore exploration of a block in the Saurashtra Basin.
BEL
Navratna defence PSU company Bharat Electronics (BEL) on July 28 reported a net profit of Rs 970 crore for the first quarter (April-June) of the financial year 2026. This marks a 22.6 percent on-year jump from the Rs 791 crore net profit reported in the corresponding quarter of the previous financial year.
Source – Moneycontrol