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The stock has the potential to cross its psychological level of Rs 1000 in the near term. If it breaks Rs 1000 then we can expect Rs 1200 as the next susceptible level. On the downside, Rs 800 is the major support level.

Fortis Healthcare, Alkyl Amines Chemicals, Goodyear India and RCL Retail will have their annual general meetings (AGM) today. The boards of Easy Trip Planners will meet today to consider the Employees Stock Option Plan. Monday is the record date for dividends by Rossell India, Saksoft and Shilchar Technologies among others.

"Going forward, we believe earnings will continue to set the direction for the markets. The latest earnings disclosures by companies point to a healthy outlook for the markets in contrast to consensus analyst expectations. This gives us confidence that H2 will likely be better than H1. Markets have already digested several macroeconomic negatives."

“The pillars of growth which are domestic consumption, private sector capex and the make in India theme, will continue to drive the domestic economy and henceforth the markets and the profitability of corporates. We are talking about consumer discretionary, financials which benefit from the growth in credit, etc, and capex based on government and private sector spending.”

"Our portfolio is very diversified. So, many eggs of different brands in the same basket have played a vital role for us. This has helped us to maintain a healthy cash flow and balance sheet. As far as commodity prices are concerned the coal crisis of quarter one has started easing out and coal prices have started softening. This has impacted the coal import and eased the coal stocks in various plants and industries including IPPs."

Dixon Technologies (India) Ltd., incorporated in the year 1993, is a Mid Cap company (having a market cap of Rs 21955.92 Crore) operating in Consumer Durables sector.

"Alibaba will continue to monitor market developments, comply with applicable laws and regulations and strive to maintain its listing status on both the NYSE and the Hong Kong Stock Exchange," it said in a statement to the Hong Kong bourse.

At the same time U.S. data out Friday showed stubbornly high inflation and wages growth, while central banks in the UK, Australia and India are all expected to hike again this week. "We expect the Band of England to step up monetary tightening with a 50bp hike at its August meeting. The increase in energy prices is likely to be the main driver," warned analysts at Barclays.

The outcome of the latest spectrum battle in UP (East) is vital for Airtel even as it continues to fight rival Jio to protect turf in India’s most populous circle where some of its premium 900 MHz airwaves will expire in February 2024. More so, since Jio is reckoned to have bought 10 units of super-efficient 700 MHz spectrum across India, including in UP (East).

The Directorate has asked the firms and companies to submit a string of information on businesses and key persons as well as old data. For instance, in one such notice sent mid-July, the ED directs the company to submit details of the company, local and offshore bank accounts, identities of directors, and former directors including their nature of association with the company along with residential addresses.