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The rupee opened a bit lower as the Reserve Bank of India (RBI) continues its US dollar buying spree below 82, Anil Kumar Bhansali, Head of Treasury and Executive Director Finrex Treasury Advisors LLP said.

Total expenses in the first quarter were at Rs 1,568.9 crore, as compared to Rs 1,393.8 crore in the corresponding period a year ago.

​Specifically, it is a deterrent for new entrants because the existing players, if you look at it, Visa, MasterCard, these are all global players who have a significant amount of strength because of their wide presence across the world.

Investors have poured money into them not just directly but passively through mutual funds. As a matter of fact, these stocks have still not run out of steam and one can invest in them by being selective, observe experts.

From the Sensex pack, NTPC gained the most at nearly 3%, followed by Bajaj Finance and IndusInd Bank, whose shares rose over 2% each.

Wednesday, July 19, witnessed a day of triumph for the S&P BSE 150 Midcap stocks as 11 companies soared to reach their 52-week highs. Out of this remarkable feat, ETMarkets has handpicked five stocks for a closer look, offering potential investors valuable insights to inform their investment decisions

It will be interesting to see the deal wins of Infosys in the quarter gone by, given that its peers Tata Consultancy Services, Wipro, and HCL Technologies reported healthy deal wins for the June quarter.

Shares of IndusInd Bank rose nearly 4% to Rs 1443 on NSE in Wednesday’s trade after the lender on Tuesday reported a 32.5% year-on-year (YoY) rise in the net profit for the quarter ended June to Rs 2,124 crore.

Bikaji Foods International acquired a 49% stake in the upcoming firm, Bhujialalj, which deals with ethnic snacks. Bikaji’s shares rose up to 7% intraday while the company traded at Rs. 445, up over 4% from previous closing. Economic growth, changing lifestyle, and growing income have driven significant growth in the Indian snacks industry.

Four esteemed stocks reached their 52-week highs at S&P BSE 100 on July 19 including ICICI Lombard General Insurance, IndusInd Bank, Reliance Industries, and Tata Motor DVR. Potential investors can leverage these significant milestones to make informed decisions. Reaching new highs often indicates strong momentum and growth potential