DLF to invest Rs.900 crore
DLF is going to invest Rs.900 crore in luxury housing project in Mumbai.
Stock Market Today: Good Morning Readers, Here Is A Fun Fact About Indian Stock Market
Economists Russell Smyth and Vinod Mishra discovered that the Nifty index tends to dip by roughly 0.23% the day after the Indian cricket team loses. But when Sachin Tendulkar himself was on the losing side, that drop was nearly 20% larger!
Let’s Dive Into The Current Waves!
DLF is going to invest Rs.900 crore in luxury housing project in Mumbai.
Govt extends NTPC CMD, Gurdeep Singh’s Tenure as by one year, now until July 2026.
Arvind Fashions appoints Amisha Jain as new MD and CEO. She will join from August 13, 2025.
At 12 Pm, The Indian rupee was trading flat at 85.93 per US dollar in early trade on Thursday, compared to Wednesday’s close of 85.94. Currency movement remains muted amid stable global cues and balanced foreign inflows. Traders are watching key economic data and crude oil prices for short-term direction in forex markets.
Top Gainers:
Top Losers:
Dixon Technologies has executed a Business Transfer Agreement to transfer its entire stake in Dixon Technologies Solutions Pvt Ltd (DTSPL) to its joint venture (JV) company through a slump sale. In return, Dixon will receive an 8.75% equity stake in the JV. As part of the arrangement, Signify has also stepped in, investing ₹140.3 crore for a 49.12% stake in the JV and transferring its Vadodara-based LED business. The move aims to consolidate lighting operations and strengthen the JV’s market position by combining both companies’ manufacturing and innovation capabilities under one umbrella.
In early trading session, Oil prices bounced back on Thursday, supported by upbeat economic data from major consumers and easing trade tensions. Brent crude rose 27 cents to $68.79 a barrel, while U.S. West Texas Intermediate gained 31 cents, reaching $66.69 after prior losses.
At 9:15 AM, the Indian stock market benchmark indices opened with a flat start. The Nifty opened at 25,212.45, gaining a marginal 0.40 points (0.0016%) from the previous session, indicating a cautious but steady mood among investors. Meanwhile, the Sensex started slightly higher at 82,640.12, up by 69.21 points (0.084%), showing mild optimism in the broader market. The flat opening reflects investors’ wait-and-watch approach amid ongoing global uncertainties and key domestic corporate updates. Market participants seem poised for a steady session, balancing optimism with caution.
At 7:30 AM, The morning mood on Dalal Street looks optimistic, thanks to a bright signal from GIFT Nifty. Trends indicate a positive opening for Indian markets, with Nifty futures up 45.5 points or 0.18%, hovering around the 25,276.50 mark. It’s a gentle nudge upward—nothing too flashy, but enough to start the day with a smile. Investors may not be dancing in the streets, but the early cues suggest a market ready to stretch and shine. If global cues behave, we might just see the bulls shake off their sleep and jog back into action.
At 9:30 AM, GIFT Nifty was trading at 25278 down with just 4 points.
On July 16, the Indian stock market ended flat after a rangebound session. The Nifty recovered from a low of 25,121 to close at 25,212.05, up 16.25 points (0.06%), while the Sensex rose 63.57 points (0.08%) to 82,634.48. Broader indices like Nifty Midcap and Smallcap also ended flat. Sector-wise, metal stocks declined 0.6%, but realty, auto, FMCG, IT, PSU Bank, and media sectors gained between 0.5% and 1.8%. Top Nifty gainers included M&M, Wipro, SBI, Nestle India, and Tech Mahindra. On the flip side, Shriram Finance, Eternal, Sun Pharma, Tata Steel, and Cipla were among the top losers.