American stock markets saw mixed results. S&P 500 and Nasdaq closed at record highs. Alphabet s strong performance boosted AI stocks. Tesla shares fell after disappointing results. UnitedHealth faced a Justice Department probe. IBM and Honeywell also saw declines. Trade optimism and economic data influenced market movements. Investors are watching for potential Federal Reserve actions.

Gold prices saw a slight increase in early Asian trading. This rise is supported by a weaker dollar. Trade deal progress between the US and its partners limited gains. The EU and US are moving towards a possible trade agreement. US jobless claims unexpectedly fell last week. The European Central Bank held interest rates steady.

Oil prices experienced a rise on Friday, fueled by optimism surrounding a potential trade agreement between the U.S. and the European Union. Reports indicating Russia s plans to limit gasoline exports to most countries also contributed to the upward trend. U.S. crude inventory declines and hopes for reduced tariffs further bolstered futures, overshadowing news of potential U.S.

The dollar remained stable near its lowest point in two weeks. Investors are closely watching US tariff talks. Central bank meetings next week are crucial for policy insights. The Bank of Japan may hint at future rate hikes. Trade progress boosts market optimism. Trump s visit to the Fed caused little market reaction.

Shanti Gold International s Rs 360-crore IPO opened strongly, priced at Rs 189-199 per share, with expectations of a 20% listing gain. The Mumbai-based jewellery manufacturer, catering to major retailers like Joyalukkas, plans expansion into North India. Showing robust financial growth, revenue surged to Rs 1,106 crore in FY25, with net profit reaching Rs 55.8 crore.

National Securities Depository, India s largest depository, has announced its IPO with a price band of 760-800 rupees per share. The IPO aims to raise approximately 40 billion rupees, equivalent to $464 million, at the upper end of the price range. Bidding will be open from July 30 to August 1, with anchor investors able to bid from July 29.

The 200-day DMA is used by traders as a key indicator for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend.

Shree Refrigerations is launching its IPO on Friday. The IPO size is Rs 117.32 crore. Ashish Kacholia and other marquee investors are backing the company. The IPO includes a fresh issue and an offer for sale. The company will use the funds for working capital. Shree Refrigerations specializes in HVAC and refrigeration systems.

A White Marubozu is a bullish candlestick pattern in technical analysis. It occurs when the opening price is the lowest for a given period, and the closing price is the highest.