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On Monday, the Indian rupee reached a record low of 83.78 against the U.S. dollar, down from 83.75 the previous day. This decline followed poor U.S. job data, sparking fears of foreign funds exiting India and other emerging markets. The Reserve Bank of India may permit further depreciation to 83.90, as per a public sector bank trader.

Today is the last day to buy shares of Grasim Industries, Ipca Laboratories, and 10 other companies to qualify for dividends, with August 6 as the record date. Dividends go to those listed on the record date. Under the T+1 framework, the record and ex-dates usually align, unless affected by a market holiday.

In a bear put spread, you buy a put option with a higher strike price and sell a put option with a lower strike price. The goal is to profit from a decline in the stock price, ideally bringing it to or below the lower strike price at expiration.

Tata Motors Ltd., incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 364524.15 Crore) operating in Auto sector.

Sensex and Nifty plummeted as US recession fears caused investors to retreat from risk assets. Sensex opened over 2,400 points down, while Nifty fell below 24,300. All major sectoral indices were in the red, driven by economic uncertainties and geopolitical issues. Market capitalisation dropped by Rs 10.24 lakh crore.

JK Lakshmi Cement Ltd. key Products/Revenue Segments include Cement, Clinker and Other Operating Revenue for the year ending 31-Mar-2023.

​I think broadly, directionally, earnings momentum and economy remains in good shape. So, probably a pullback or some consolidation should be healthy for the market from a slightly more medium-term perspective. So, I think any pullback in that sense should be a good opportunity for long-term investors to step in.

Rajat Sharma, Founder & CEO of Sana Securities, indicated a strategic shift from overheated PSU and defense stocks to large-cap private sector banks like HDFC Bank and Kotak Mahindra Bank. Sharma also expressed faith in the FMCG sector despite its underperformance. With significant cash positions, Sana Securities plans incremental investments in equity amidst current market valuations.

In the first quarter earnings season, 109 companies released their financial results. Bharti Airtel was projected to achieve Rs 38,488 crore in revenue for Q1 2024, showing a 2.6% annual rise. Estimated net profits varied between Rs 3,922 crore and Rs 2,068 crore, with challenges noted in the DTH sector and ARPU stabilization.

The equity benchmarks experienced notable declines, breaking a five-day upward trend amidst a global sell-off. Key stocks included Zomato, which gained significantly, ITC, which saw slight losses, and Adani Wilmar, which increased. Analysts highlighted bullish trends in Zomato and Adani Wilmar, while ITC may see a pivotal move if it surpasses 500 levels.