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Nifty and Sensex are on an upward trend post Lok Sabha election results. Nifty found support near 23,400 while Sensex faced resistance at 77,850. Analysts remain positive despite weekly red closes.

​Block deals are done through a special trading window on the exchange that is not visible to all.

Rahul Shah says that HDFC Bank has not performed well for the last so many months and we all know that there is speculation on MSCI weightage and all. If it happens, then my gut feeling is that HDFC will outperform. But if it does not happen, then SBI will definitely outperform the HDFC.

IREDA successfully raised ₹1,500 crore through oversubscribed bonds, featuring a base issue of ₹500 crore and a green shoe option of ₹1,000 crore. The bonds, offering an annual interest rate of 7.44% over a 10-year and 2-month tenure, garnered significant investor interest, oversubscribed by 2.65 times.

Sebi introduces special call auctions for price discovery of holding companies, narrowing the market-book value gap. Stocks like Kalyani Investment trade at 60-85% discount to book value.

SoftBank, Kunal Bahl, and Rohit Bansal tagged as promoters by Unicommerce board with signed indemnity agreement.

The dollar strengthened against major currencies on positive U.S. economic data. U.S. business activity surged in June, easing inflation concerns. Dollar index rose to 105.81, erasing weekly declines. Thierry Wizman predicts continued dollar strength amid European political uncertainty.

Despite financial institutions promoting complex investment strategies to clients worried about economic instability and Federal Reserve decisions, the most profitable approach remains the straightforward strategy of buying and holding onto the S&P 500 index.

According to bulk deal data from BSE, Olympus Capital Asia Investments sold 4.50 crore shares, equivalent to a 9% stake in Aster DM Healthcare, in two tranches. The shares were sold within the price range of Rs 340 to Rs 340.13 each, totalling Rs 1,530.08 crore.

Traders noted that there were no fundamental reasons for the two-day selloff. However, it highlights the rapid pace at which the stock had risen—nearly 200% in the past year—which now makes it susceptible to sudden declines like this one.