Varun Beverages, PepsiCo s bottling partner, announced its Q1 results. The company saw a profit increase. However, revenue experienced a slight decrease. The Board approved an interim dividend. Despite challenges like unseasonal rains, the company remains optimistic. They are focusing on expanding their reach and product availability. Shares of Varun Beverages saw a slight increase following the announcement.

Aeroflex Industries shares: The flexible flow solutions manufacturer reported a 42.22% decline in net profit to ₹7.17 crore for Q1 FY26, compared to ₹12.41 crore in the same quarter last year. Revenue for the June quarter also fell by 6.04% to ₹84.33 crore from ₹89.75 crore in Q1 FY25, indicating subdued demand despite the company’s export-focused business and global customer base.

Asian Energy Services share price surged over 11% in two sessions after the company secured a Rs 865 crore integrated services contract from Vedanta. The deal spans 57 months and covers field development and O&M services, reinforcing the company’s upstream oil & gas capabilities and long-term client partnerships.

NSDL IPO: The price band for the NSDL IPO is set between ₹760 and ₹800 per equity share. At the upper end, the company aims to raise ₹4,011.6 crore through an offer for sale (OFS), with no fresh issue of shares.

Gold prices hovered near Rs 98,500 ahead of the US Fed policy decision, amid a stronger dollar and easing safe-haven demand. While global cues remain mixed, analysts expect volatility in bullion to persist, with domestic prices supported by rupee weakness and global trade uncertainties.

Matt Orton from Raymond James Investment suggests that manageable tariff ranges and strong Q2 earnings are fueling optimism in US markets. While oil price stability is beneficial for emerging markets like India, trade negotiations with the US remain crucial.

The US dollar is expected to remain the world s dominant currency, but signs of strain are beginning to show. Cracks in its supremacy have emerged, with some investors diversifying into other currencies.

A possible hawkish shift from the Bank of Japan (BOJ) and global uncertainties stemming from the U.S. Federal Reserve all converge to test investor confidence.