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U.S. job openings dropped in July to approach pre-pandemic levels, raising hopes that the Fed could lower inflation without a sharp rise in the unemployment rate.

S&P 500 opens higher by 2.71 points, or 0.06%, while Nasdaq Composite gains 18.01 points at the open

According to exchange data, SoftBank Vision Fund has offloaded 10 crore shares or 1.17% stake in the company as the lock-in for the post-Blinkit deal ended this week. As of June-end, SVF Growth (Singapore) Pte Ltd held 3.35% in the company

Its salon business BBlunt, acquired from Godrej Consumer Products, exclusive brand outlets and overseas expansion to geographies such as the Middle East and newer categories would be the newer engine of growth, he said.

The IPO of Bonada Engineering was subscribed by a massive 106.65 times at close. The issue received bids of 60,74,99,200 shares against the offered 56,96,000 equity shares.

Banking gauge Nifty Bank finished at 44,495.25, down by 262.65 points or 0.59%​​

Amidst this downturn, the addition of substantial open interest in the 19500CE options signifies that the index is poised to expire below the 19,500 mark on Thursday’s expiry.

The IPO comprises fresh equity issue of up to Rs 60.5 crore and an offer for sale (OFS) of 6 lakh shares

The S&P BSE Sensex and Nifty50 closed flat but with a positive bias. Sectorally, buying was seen in telecom, realty, metal, and IT stocks while selling in banks, utilities, oil & gas, and power

During the Annual General Meeting (AGM) on Monday, Reliance Industries Chairman Mukesh Ambani announced that Jio Financial Services will enter the insurance segment to offer life, general and health insurance products.