Old guys are back in momentum action
Several major companies, including Reliance Industries, Wipro, and Paytm, are set to announce their first quarter results today. Expectations range from profit growth to revenue declines across different sectors. Investors are advised to stay informed and watch out for key updates.
Five days after surviving an assassination attempt, a defiant and bandaged Donald Trump addressed the Republican National Convention in Milwaukee. Despite his ordeal, he accepted the Republican Party's nomination for President to cheers and chants from the crowd. In a softer and more personal speech, Trump, 78, reflected on the attack, expressing a sense of safety from having God on his side.
Stock markets hit new highs as Sensex crosses 81,000 and Nifty tops 24,800. Expert opinions on Bajaj Auto, Ultratech, and KEC International provide insights for investors. Recommendations include price targets and stop loss levels for risk management.
Trump's appearance comes as 81-year-old Democratic President Joe Biden clings to his party’s nomination in the face of unrelenting pressure from key congressional allies, donors and even former President Barack Obama, who fear he may be unable to win reelection after his disastrous debate.
An Air India plane traveling from Delhi to San Francisco made a precautionary landing in the Russian region of Siberia. The landing occurred after the crew detected a potential issue in the cargo hold area, according to the Indian airline. This incident marked the second time in a little over a year that an Air India flight on this route has made an unscheduled landing in Russia.
Gold prices dip slightly but set for fourth consecutive weekly increase. Anticipation of U.S. interest rate cut in September boosts demand for gold. Federal Reserve hints at potential rate cuts amid improving inflation trends. Unemployment claims rise, influenced by temporary closures and disruptions. Young affluent investors show interest in gold, according to study.