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The dollar remained rangebound as investors awaited President Trump's Federal Reserve Board nominee. U.S. services sector activity flatlined in July, highlighting the impact of tariffs. Despite this, the dollar's movements were muted, with traders hesitant to take positions before the Fed announcement.
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News and Media
Following the stake sale, shares of One97 Communications fell 1.45% to 1,062 apiece on NSE, while the scrip of the company went lower by 1.23% to 1,065 on BSE.
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News and Media
UBS has initiated coverage on power generation equipment manufacturers, issuing 'buy' ratings for BHEL, Waaree Energies, Premier Energies, and Suzlon. The brokerage anticipates a significant investment of 11 trillion in India's power sector between FY25-FY30, driven by policy tailwinds and technology adoption. Solar energy is expected to dominate the profit pool, followed by thermal, with BHEL maintaining a strong position.
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News and Media
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