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“ITC FMCG business has become large and it is free cash flow positive. Tobacco business volume growth is not bad at all, given that they are getting market share from the illicit market. Hotel business is in a mini bull run and paper business has never had it so good.”

​MACD is a momentum indicator that helps to know the relationship between the two moving averages of prices. ​

​So I think I would say that when you are 40, I think the first thing that you should look at if you are sort of celebrating your 40th birthday; first thing probably you should look at is that do you have adequate life insurance cover for yourself right.

The market breadth was skewed in the favour of the bears. About 1,937 stocks declined, 1,763 gained, and 155 remained unchanged on the BSE.

The Indian rupee strengthened to a three-week high against the US dollar on Monday, buoyed by likely corporate dollar inflows. Despite rises in the dollar index, some traders are focussing on central bank meetings later this week to determine trends. The Reserve Bank of India stepped in to procure dollars

The total assets under management (AUM) as of June-end was Rs 4.99 lakh crore. Of this, actively managed equity-oriented AUM is Rs 2.68 lakh crore. The operating margin on the average AUM for the quarter was 34 basis points.

In the international market, both gold and silver were trading lower at USD 1,963 per ounce and USD 24.60 per ounce, respectively.

Indian equity market ended in the red for the second straight day on Monday amid a broad-based selling witnessed in most sectors including banks, FMCG, metals, and IT.​

PNB Housing, a unit of state-run lender Punjab National Bank, said its consolidated net profit after tax stood at 3.47 billion rupees ($42.4 million) for the quarter ended June 30, compared with 2.35 billion rupees a year earlier.

On July 21, 2023, several key stocks, including Shree Renuka Sugars, PVR Inox, Atul, Amara Raja Batteries, and City Union Bank, surpassed their 100 Simple Moving Averages (SMA) with impressive performances. Shree Renuka Sugars rose to Rs. 46.7, PVR Inox closed at Rs. 1504.1,