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RITES revealed its board would review the issuance of bonus shares, financial results for Q1 FY24-25, and an interim dividend in the meeting on July 31.

The SEC and EU have implemented significant regulatory measures, while countries like India still operate without specific crypto regulations.

A long buildup happens when open interest and trading volumes rise with the stock price in the F&O segment, signaling a bullish trend. On Friday, 5 stocks saw fresh long positions

This week, several prominent companies released their June quarter financial results. Firms like ITC, SBI, Adani Ports, Tata Motors, and M&M showcased their reports between July 29th and August 3rd. The updates offered a glimpse into their quarterly performance, engaging the attention of investors and stakeholders.

Amid a generally modest rise in the Sensex during the week ending July 26, five penny stocks saw significant gains. Comfort Intech and Khoobsurat, among others, surged over 10%. All identified stocks have market caps under Rs 1,000 crore and share prices below Rs 20.

Three mutual fund NFOs opened for subscription, featuring the SBI Innovative Opportunities Fund, Bajaj Finserv Large Cap Fund, and ICICI Prudential Nifty Metal ETF. The subscription windows are from late July to mid-August. Each scheme offers different investment categories with minimum investments ranging from Rs 500 to Rs 1,000, appealing to diverse investor profiles.

Gold outperformed Nifty so far in 2024, but post-budget changes in import duties affected its price. Despite geopolitical uncertainties and central bank buying, investors are advised to focus on equities with some gold for portfolio stability.

ICICI Bank reported a 14.6% increase in Q1 net profit, reaching Rs 11,059 crore, surpassing expectations. Net interest income rose, and treasury income surged. While gross NPA ratio improved, slippages increased marginally.

In the Union Budget 2024-25 presentation, Finance Minister Nirmala Sitharaman emphasized fiscal consolidation and strategic spending. The government allocated additional resources to reducing the fiscal deficit and boosting revenue spending. Stock recommendations include LIC Housing Finance and Dabur, expecting significant returns over the next year.