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UK stocks rose after the S&P Global Services PMI climbed to 52.1 in July. This growth ended a four-month contraction as domestic demand improved and cost pressures eased. While business optimism grew, the labour market remained weak. European markets also got a boost as investors assessed these new economic indicators.
DSP Mutual Fund’s latest NETRA report highlights three trends for long-term investors as the Nifty 50 moves sideways. Valuations have become more reasonable, with the Nifty’s Price-to-Book ratio falling below 3 times since December 2020. Large-cap stocks also look attractive, suggesting that current market consolidation often leads to healthy future returns.
Indian indices Nifty 50, Sensex, and Nifty Bank rose during Wednesday’s Closing Auction Session. Metals led the gains, with Vedanta emerging as the biggest winner. While many stocks moved up, consumer and media shares fell. This new mechanism helps discover prices after the regular market closes at 3:15 pm each day.
The world’s eight largest oil companies made $1 billion in profit every day during the spring quarter. As the US-Iran conflict sent energy prices to $126 per barrel, these firms got massive gains. President Donald Trump said the biggest US oil companies were "making too much money" amid the surge.
MV Electrosystems and Juniper Green Energy will list on the BSE and NSE on August 6. MV Electrosystems shares show a strong grey market premium, hinting at a 24 percent gain. Meanwhile, Juniper Green Energy shares show a modest premium. Investors got a big response for these two mainboard IPOs.
Dow Jones futures rose over 200 points on Wednesday as investors tracked a possible US-Iran deal to reopen the Strait of Hormuz. While markets gained, SpaceX and AMD shares fell after their latest results. Investors now wait for more earnings from major companies like Walt Disney, Uber, and Eli Lilly.
The Society of Indian Automobile Manufacturers withdrew a letter sent to the Ministry of Petroleum and Natural Gas regarding E20 fuel quality. SIAM said, "Some numbers quoted in the communication need authentication through collection of elaborate data." The body now says these technical findings need further validation before any action.
The RBI kept the repo rate unchanged at 5.25% on Wednesday for the fourth consecutive review. Adhil Shetty said, "Borrowers expecting an immediate reduction in EMIs may have to wait a little longer." The central bank raised its FY27 growth forecast to 6.7% but warned that global price pressures remain.
HDFC Bank chairman Rajiv Kumar said on Wednesday there are no governance concerns at the systemic level. He promised strict action against unethical practices at the bank’s 32nd annual general meeting. Kumar added, "The bank has demonstrated that it has control systems/guard rails in place to identify deviations, if any."
The Reserve Bank of India will soon release a list of upper-layer NBFCs. Governor Sanjay Malhotra said, "It is now principle-based. So as per those principles, everyone knows what is the list." Companies in this layer must list their shares. The central bank has not published this list since January 2025.
SpaceX reported a 92% revenue surge to $7.8 billion for the April–June quarter. Despite this growth, the stock fell 7% in after-hours trading as capital expenditure rose to $18 billion. Musk said, "We are building AI compute capacity at scale faster than anyone else," as investors worried about future costs.
Twelve Nifty50 stocks are trading 20–35% below their 52-week highs amid market volatility. HDFC Life Insurance Company fell 34% from its peak of Rs 815. Meanwhile, Infosys, Tata Consultancy Services, and HCL Technologies also saw big drops from their February 2026 highs. Many investors now worry as blue-chip stocks got cheaper.
South Korea’s stock market triggered circuit breakers four times in July after leveraged ETFs amplified losses. While India does not allow these specific funds, investors use the margin trading facility to borrow money for stocks. Many brokers offer two to four times leverage, which creates risks during sudden market falls.