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Federal Reserve policymakers have resisted calls for aggressive measures after a weaker-than-expected jobs report in July, which showed a significant slowdown in hiring and the highest unemployment rate in nearly three years. Meanwhile, Fed leaders, including Chair Jerome Powell, have emphasized their increased focus on the full employment mandate while remaining committed to bringing inflation down to their 2% target.

Silver prices also jumped Rs 1,400 to Rs 82,500 per kilogram on Friday against Rs 81,100 per kg in the previous trade, according to the All India Sarafa Association.

The Dow Jones Industrial Average fell 38.4 points, or 0.10%, at the open to 39,408.06.

The company said it is supported by 33 lenders, including prominent banks such as State Bank of India, HDFC Bank, Kotak Mahindra Bank, RBL and IDFC First Bank.

Additionally, the regulator has proposed to create a closed ecosystem for fee collection by registered IAs and RAs through a separate mechanism to help investors ensure that their payments are reaching only registered IAs and RAs and help them identify, isolate and avoid unregistered entities, who would be unable to access this closed ecosystem.

The license has been given by the SEBI under the newly notified SM REIT regulations under the name of Property Share Investment Trust (PSIT).

The flagship company of the Aditya Birla launched its paints operations ‘Birla Opus’ towards the end of the March quarter, and April-June was its first quarter of full operations. The company has spent Rs 7,795 crore on its paints business as of June-end, approximately four-fifth of the total planned expenditure for these operations.

At a standalone level, the paint-maker’s sales rose 2.4% on year to Rs 2,806.3 crore, but net profit declined by more than 6% to Rs 305.5 crore. Berger Paints, which is among the largest paint-makers in the country, improved its market share to 20.9% during the quarter, up from 19.7% in the previous fiscal.

The Mumbai-based drug maker reported a net loss of Rs 136 crore in Q1FY25. Revenue rose 14% year-on-year (y-o-y) to Rs.747 crore in Q1FY25 compared to Rs.658 crore in Q4FY24.

Sometimes positions or stocks owned for a longer period are sold either to book profit or to exit it in anticipation of impending bearishness