The dollar neared a two-month high following the Federal Reserve s cautious stance on interest rate cuts, bolstered by a resilient U.S. economy and easing tariff concerns. Fed Chair Powell s remarks reinforced the dollar s strength, while the euro and sterling weakened, both on track for monthly losses. South Korea recently reached a trade agreement with the U.S.

India s stock market is facing potential losses due to newly imposed US tariffs, the highest in Asia, and concerns over energy purchases from Russia. This development exacerbates existing worries about India s economic slowdown and lagging corporate earnings, leading foreign investors to withdraw and seek more attractive markets like Hong Kong and South Korea.

Oil prices continued their upward trend for the fourth consecutive day due to concerns about potential supply shortages fueled by President Trump s efforts to resolve the Ukraine war and threats of tariffs on countries purchasing Russian oil. The U.S. is also considering tariffs on goods from India and has warned China about buying Iranian oil, further impacting supply dynamics. U.S.

Brigade Hotel Ventures will debut on the stock market on July 31. The IPO concluded successfully, raising Rs 759.60 crore. Grey market premiums are currently zero, suggesting a flat listing. The IPO was subscribed 4.48 times overall. The company reported a profit decline despite revenue growth. Investors will watch the stock s performance closely.

Microsoft exceeded revenue expectations, fueled by strong demand for AI tools and Azure cloud services, with Azure revenue soaring by 39%. The company s shares jumped over 6% after the announcement. Azure s full-year revenue surpassed $75 billion, marking a significant milestone.

Cash Ur Drive Marketing s IPO will open for subscription. The company aims to raise Rs 60.79 crore through a fresh issue and offer for sale. The IPO price band is Rs 123 to Rs 130 per share. The IPO will close on August 4. Allotment is expected on August 5.

Vedanta is projected to experience a sequential decrease in profitability for the April-June quarter of FY26, primarily due to declining commodity prices in its aluminium and zinc segments. Brokerages anticipate a 12-14% quarter-on-quarter drop in EBITDA, although cost reductions may partially mitigate the impact.

Sridhar Sivaram from Enam Holdings suggests that consumer down-trading impacts brand loyalty, driven by shrinking disposable incomes rather than a shrinking middle class. He anticipates potential shifts in market leadership from financials to sectors like pharma, particularly CDMO, and new-age tech.

Tata Motors stock experienced a decline following reports of a possible acquisition of Iveco. The deal, valued at ₹3.9 billion, may require external funding for the Indian automaker. Analysts anticipate pressure on Tata Motors balance sheet due to rising global tariff uncertainties. Iveco s revenue declined in FY24, but expects stable growth in 2025.