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Equity indices in India opened lower post-capital gains tax hike. Sensex down 0.05% at 80,396; Nifty50 0.11% lower at 24,451 by 9:20 am. Indices fell up to 1.6% Tuesday but recovered on rural program boost in Budget.

MRF declared a Rs 194 Q4FY24 dividend per share and a total annual dividend of Rs 200 for FY24, with a July 25 record date. Shares closed at Rs 1,31,267.70 on BSE. Prior dividends include Rs 3 interim and Rs 169 final.

I think this is a decision that needs to encompass multiple angles and therefore, the Economic Survey, what it did was to put that idea out for discussion in the public domain.

A total of 35,910 shares changed hands on the counter till 10:00AM (IST).

JK Cement Ltd. key Products/Revenue Segments include Cement and Other Operating Revenue for the year ending 31-Mar-2024.

The market saw marginal decreases as the government proposed increasing the securities transaction tax on futures & options. Indian Hotels, JSW Steel, and BPCL were in focus. Expert advice recommends buying Indian Hotels and BPCL while avoiding JSW Steel at the moment.

Hindustan Unilever Ltd., incorporated in the year 1933, is a Large Cap company (having a market cap of Rs 649979.18 Crore) operating in FMCG sector.

U.S. crude inventories fell for four weeks ending July 19, pushing Brent to $81.47 and WTI to $77.38. API confirmed declines; official data pending. Prices previously hit a six-week low due to Israel-Hamas ceasefire talks. Economic concerns in China also persist, marking the first four-week crude decrease since September 2023.