Reserve Bank of India will conduct an overnight variable rate reverse repo auction on July 31. This is to absorb Rs 50000 crore from the market. Earlier, on July 29, RBI mopped up Rs 46058 crore through a three-day VRRR. The overnight weighted average call rate settled at 5.38% on Wednesday.

US President Donald Trump’s abrupt 25% tariff on Indian imports has shaken markets, plunging the Gift Nifty and rupee, and raising fears of disrupted trade talks. Analysts warn of near-term volatility while urging India to strengthen internal competitiveness through reforms.

Hyundai Motor Q1 Results: Cons profit declines 8% YoY to Rs 1,369 cr, revenue slips 5.5%

Tata Steel Q1 Results: Tata Steel s Q1 consolidated net profit surged 116% year-on-year to ₹2,078 crore, surpassing Street estimates, though revenue dipped 3% to ₹53,178 crore. EBITDA improved both sequentially and year-on-year, bolstered by strategic initiatives.

Nine Nifty500 companies have reported consistent EPS growth for four straight quarters till June 2025, signaling strong profitability and financial health, as per StockEdge.com’s profitability scan.

Wall Street s key indexes saw a positive start on Wednesday, buoyed by encouraging GDP figures. Investors are keenly awaiting the Federal Reserve s upcoming policy announcement. Tech earnings are also a major point of focus. At the opening bell, the Dow Jones Industrial Average climbed 0.10%, while the S&P 500 and Nasdaq Composite rose by 0.16% and 0.

HSBC reported a 17% rise in H1 2025 profit before tax in India, driven by strong corporate and institutional banking growth. India is now HSBC’s third-largest global profit contributor after Hong Kong and the UK, surpassing China and Canada.

Nine Nifty 500 stocks, including Nestle India and Dixon Technologies, are trading well above their book values, indicating strong investor sentiment but also potential overvaluation risks.