Nifty Bank Weekly Expiry Moves to Wednesday; Zomato(+6.06%) Surges 6% as Brokerage Shows Confidence

Monsoon Impact on Inflation, Consumer Food Price Index Surges to 4.49% in June.

Market Summary

Closing Bell: Nifty(+0.15%) above 19400, BANKNIFTY(+0.06%) above 44600, Sensex(+0.25%) gains 160 pts, IT, Reality and Financial Services rally.

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Market News

Hindalco Industries(+2.44%) Surges 2% as Land Sale Deal Worth Rs 595 Crore Gets Green Light 🧾🚀

Brokerages Bullish on Zomato's(+6.06%) Growth Potential: Market Share, Profitability, and Customer Loyalty Fuel Surge. 📊🌍

Patanjali Foods(-5.00%) Plunges 5% as Offer for Sale (OFS) Launches at Discounted Price 📉

Hindalco Industries(+2.44%) Surges 2% as Land Sale Deal Worth Rs 595 Crore Gets Green Light 🧾🚀

Federal Bank(-5.51%) Q1 Results: Net Profit Jumps to Rs 854 Crore, GNPA Shows Improvement. 📊💸

HCL Technologies(-0.16%) Expands Global Footprint with EUR 251.1 Million Acquisition of ASAP Group. 🌐🧾

Wipro(+0.63%) Reports Strong YoY Growth with 12% Rise in Q1 Net Profit at Rs 2,870 Crore; Proposed $1 Billion Investment for AI Leadership. 📈💸

Zen Technologies(+2.24%) Stock Surges 40% in 3 Days on Strong 340-crore order Win. 🧾🚀

Nifty Bank Expiry Day Update: Weekly Expiry Shifted to Wednesday, Monthly Expiry Stays on Thursday, Starting from 4 Sept. 🗓️🧾

Utkarsh Small Finance Bank IPO Receives Massive 12x Subscription on Day 2. ⚡

Ahasolar Technologies IPO Oversubscribed 33.77 Times on Final Day of Bidding. 🧾💸