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The rupee ended at 82.0725 against the dollar, after closing at 82.2475 on Wednesday. The currency has risen 0.8% so far this week.The dollar index declined to 100.22, its lowest since April 2022, after U.S. inflation cooled at a faster-than-expected pace in June with traders now pricing in an end to U.S. interest rate hikes

Zomato, which has been in a downtrend since November 2021, recently showed signs of a potential reversal. The stock has been consolidating within a wide range of 75-50, with higher volume participation during the lowest points.

That fundraising was 140 basis points above the prevailing government bond yields at the time. The current bond issue is at a spread of nearly 300 basis points over the comparable government bond yield. But unlike government bonds where interest is paid on a semi-annual basis, Adani bonds carry annual interest

The Golden Crossover is a bullish technical pattern that occurs when a shorter-term moving average (such as the 50-day Simple Moving Average or SMA) crosses above a longer-term moving average (such as the 200-day SMA). This event indicates a potential shift in momentum from bearish to bullish, suggesting an upward trend in stock prices. The crossover is considered "golden" due to its positive implications for investors

Nifty is likely to consolidate in the range of 19,300 – 19,570 and until this range is decisively breached on either side we can expect the sideways price action to continue. Overall, the trend is positive, and Nifty is undergoing time-wise correction. The crucial support zone stands at 19,360 – 19,320 while the resistance zone is placed at 19,550 – 19,570

Adani Enterprises crossed its 20-day SMA, moving from 2392.57 to 2387.9 on July 12. Adani Enterprises is a diversified conglomerate with interests in various sectors, including energy, logistics, infrastructure, and agribusiness

JFS will be added to the FTSE All-World index with a share issue of 6,765,591,509 and an investability weighting of 49.66%. RIL will remain in the index with an unchanged investability weighting of 49.66%, FTSE said.

Netweb Technologies has set the price band for its IPO at Rs 475-500, with the offering opening on 17 July and closing on 19 July. Investors will be able to bid for a minimum of 30 equity shares, with the company anticipating to use the funds for long-term working capital, funding its capital expenditure, as well as debt repayment.

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HCL Technologies reported a nearly 8% year-on-year (YoY) rise in consolidated net profit for the June quarter at Rs 3,534 crore.

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