Markets are reacting positively to the US-Japan tariff deal, particularly the Nikkei. Investors were overly pessimistic, and the agreement, involving significant Japanese investment in the US, is viewed as a win-win. The auto sector secured 15% tariffs, better than anticipated, setting a precedent for other economies to negotiate similar deals with the US in exchange for direct investment.

The Nifty Realty index fell by 2.7% during the session, weighed down by widespread losses across its components. Lodha Developers led the decline, plunging up to 6.7% to ₹1,346.50, making it the index’s worst performer.

GNG Electronics IPO witnessed full subscription within the first hour, fueled by strong NII and retail investor demand. The IPO, featuring a fresh issue and OFS, saw SBI Securities and Canara Bank Securities recommending a Subscribe rating, highlighting the company s growth and market position. GNG, India s largest electronics refurbisher, reported significant revenue and profit growth in FY25.

​BOJ signals caution on rate hikes amid global trade uncertainty, inflation shifts, and wage growth concerns.

Eternal’s Q1 results revealed a 70% year-on-year surge in revenue, fueled by robust growth in Blinkit and food delivery segments. Significantly, quick commerce Net Order Value (NOV) outpaced food delivery for the first time over an entire quarter, signaling a major shift in consumer preferences.

GMDC shares surged nearly 25% in five sessions, hitting a 52-week high of Rs 472.4 amid strong volumes and growing interest in rare earth stocks. The rally is driven by policy buzz, China’s export rebound, and speculation around a high-level meeting on rare earths.

Manishi Raychaudhuri highlights the potential of ASEAN-India tariff deals, drawing parallels to recent US agreements with other nations. He emphasizes that policy certainty regarding tariff rules is crucial for investment decisions, ending current fluctuations. Raychaudhuri notes improved sentiment for emerging markets, driven by their capacity for fiscal and monetary stimulus and a depreciating US dollar.

Lodha Developers share price dropped 6.7% after a $165 million block deal. Despite short-term weakness, the stock is above its 200-DEMA. Over a year, performance has been mixed, with recent technicals showing mid-range RSI and declining near-term momentum.

Brigade Hotel Ventures IPO: Brigade Hotel Ventures, the hospitality subsidiary of real estate firm Brigade Enterprises, is set to launch its initial public offering (IPO) on Thursday, July 24. The offering consists solely of a fresh issue valued at Rs 759.6 crore, with a price band of Rs 85 to Rs 90 per equity share.

Monarch Surveyors Rs 94 crore IPO received massive investor interest, with overall subscription at 24.40x and a strong 68% GMP. Retail investors led the charge, anticipating strong listing gains. Proceeds will fund machinery, working capital, and expansion. Shares will list on BSE SME on July 29.