Peter McGuire discusses the unexpected tariff developments impacting India, noting potential pressure on manufacturers. He also addresses the recent oil price jump, attributing it to news-driven factors and potential secondary sanctions on Russian crude purchases. McGuire anticipates crude oil prices to remain range-bound between $60-$70, forecasting a supply glut towards the end of Q3 or early Q4.

Varun Beverages shares surged following an impressive 5% year-on-year increase in profit after tax, reaching ₹1,325.49 crore for the first quarter of FY26. Despite a slight dip in revenue and domestic sales volume pressures, the company s strong performance was bolstered by margin expansion and operational efficiencies.

The Laxmi India Finance IPO, open for bidding from July 29 to 31, is a book-built offering with a price band of Rs 150–158 per share. The issue includes a fresh equity issuance of 1.04 crore shares aggregating Rs 165.17 crore and an OFS of 56.38 lakh shares valued at Rs 89.09 crore by existing shareholders.

Indiqube Spaces shares experienced a decline after a weak stock market debut, trading below the IPO price due to investor concerns about valuation and profitability. Despite short-term skepticism, the company s business model in flexible workspaces and strong EBITDA margins offer long-term potential. Analysts suggest a neutral stance, closely monitoring performance and expansion strategies.

Swaminathan Aiyar highlights India s economic resilience, noting its strong growth despite global challenges and China s slowdown. The IMF s revised growth forecast for India is positive, but uncertainties surrounding US tariffs and their potential impact remain. India s solid macroeconomic fundamentals position it to potentially exceed growth targets, even amidst global economic volatility.

Maruti Suzuki s Q1 FY26 is projected to show a profit decline of 16% YoY, with revenue up by a mere 2%, impacted by weak domestic sales and unfavorable product mix. Despite export growth, lower UV share and sequential volume decline put pressure on margins. Investors are keenly awaiting management s insights on demand, rural recovery, and new model launches.

Deven Choksey of DRChoksey FinServ Pvt. Ltd. notes market volatility around expiry days and corporate result announcements, creating opportunities in fundamentally strong companies. He expresses confidence in FY25-26, citing lower input costs, interest rates, and improved business conditions. Choksey favors early-stage investments like Jio Financial, foreseeing significant growth in its AMC business and other sectors like power and pharmaceuticals.

Reliance Industries is reportedly considering an IPO for Jio Infocomm. The IPO could be worth Rs 52,200 crore. It would be the largest ever in Dalal Street. Reliance has begun informal talks with SEBI for approval. The company plans to sell a 5% stake in its telecom unit.

Tata Motors is set to acquire 100% of Iveco’s non-defence business from the Agnelli family’s Exor via a Dutch special-purpose vehicle. This would mark the Tata Group’s second-largest global acquisition after Tata Steel’s $12.1 billion Corus deal, surpassing the JLR buyout in 2008.