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Bloomberg Quint
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Trade Setup For July 10: Nifty Faces Support At 25,300 Levels Amid Tariff Jitters
- The Nifty 50 faced resistance at 25,300-25,200 levels amidst weak global cues related to fresh tariffs announced by US President Donald Trump.
- The Nifty 50 formed a small bear candle with consolidation for the fourth consecutive session.
- Analysts identified immediate resistance for Nifty at 25,600-25,800 levels and key support at 25,200–25,000 levels.
- The Bank Nifty faced resistance at around 57,600 levels and is advised 'buy-on-dips' by brokerage.
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HinduBusinessLine
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409
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IndiGo’s venture capital fund raises ₹450 crore, makes first investment in aviation start-up
- IndiGo's venture capital fund, focused on early stage start-ups in aviation and allied sectors, raised ₹450 crore and made its first investment in aviation start-up Jeh Aerospace.
- Jeh Aerospace, founded by industry veterans Vishal Sanghavi and Venkatesh Mudragalla, specializes in manufacturing high precision aerospace and defense products, securing $100 million in long-term contracts within a year.
- The investment will be used by Jeh Aerospace to scale its digital manufacturing infrastructure, enhance AI-driven production optimization, integrate supply chains, and attract top engineering talent.
- This move is expected to strengthen Indo-US aerospace relationships, support Make in India initiatives, and drive innovation in the aviation sector.
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HinduBusinessLine
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191
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GAIL inks long-term gas sale & purchase agreement with OIL
- GAIL has signed a long-term gas sale and purchase agreement with OIL to supply up to 900,000 SCMD of natural gas from OIL’s Bakhri Tibba Block in Rajasthan.
- The agreement emphasizes the commitment of both companies in enhancing energy security and accessibility through the production, transportation, and distribution of natural gas.
- The gas sourced from this agreement will be supplied to the State-run power plant of Rajasthan Rajya Vidyut Utpadan Nigam (RRVUNL).
- GAIL, with its extensive network of natural gas pipelines, is actively working on pipeline projects to further expand its reach and is also involved in LNG imports and renewable energy ventures.
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HinduBusinessLine
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254
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SEBI, MIIs working on centralised FPI data portal
- Securities and Exchange Board of India (SEBI) in collaboration with Market Intermediaries (MIIs) is developing a centralised Foreign Portfolio Investor (FPI) data portal.
- The platform aims to consolidate various public data pertinent to FPIs, including registration processes, settlement timelines, monitoring rules, taxation, and operational guidelines from multiple intermediary websites.
- Initially, the portal will contain static and publicly available data from MIIs' websites, with inputs from custodians, tax consultants, stock exchanges, clearing corporations, and depositories.
- SEBI might introduce interactive functions for FPIs post-launch based on feedback, while efforts are ongoing to enhance the platform's user interface for ease of use. The initiative responds to FPIs' longstanding challenges in accessing consistent regulatory information.
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TronWeekly
2w
186
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BetterGambling is on a mission to Clean up the UK iGaming Industry
- BetterGambling aims to guide players through the various gambling sites in the online casino industry, especially with the increasing popularity of Bitcoin and other tokens.
- The UK has over 3,000 online gambling licenses issued, making it challenging for players to choose safe and regulated sites, leading to risks with unlicensed operators.
- BetterGambling focuses on comparing highly rated UK gambling sites to provide players with secure options and honest reviews, prioritizing safety over higher commissions.
- Their approach includes offering fair reviews to help players, especially those new to cryptocurrencies, navigate online gambling sites with confidence, ensuring they make informed decisions.
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HinduBusinessLine
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268
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Egg prices rule firm in India on export demand, supply issues
- Egg prices in Namakkal, Tamil Nadu, are currently at ₹575 per 100, up from ₹509 last year due to export demand and supply issues.
- Egg exports from India to countries like the US, UAE, Qatar, Muscat, and African countries are contributing to the strong domestic market demand.
- The poultry sector is benefitting from favorable weather conditions this summer and low raw material prices, which have boosted profitability and stability in the industry.
- While egg exports from India have seen a decline of about 9% to $185.98 million in 2024-25, the industry remains optimistic about future orders, particularly from the US pending tariff developments.
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HinduBusinessLine
2w
546
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Earth intelligence offers a $20 billion opportunity for tech providers: Gartner
- Earth intelligence offers a $20 billion revenue opportunity for technology providers from 2025 to 2030 by analyzing Earth observation data with AI.
- Earth intelligence involves utilizing AI on Earth observation data to generate industry-specific solutions and insights.
- The growth of Earth intelligence is prominent in India, especially in agriculture, defense, minerals exploration, natural disaster management, and automotive sectors.
- The development of indigenous software, hardware, and partnerships are considered key drivers for Earth intelligence growth in India.
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TechBullion
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402
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CapitalMath: A New Paradigm in Investment Thinking
- CapitalMath introduces Meta Alpha Terminal, revolutionizing investment strategies for transparency and intelligence.
- Features scalable strategy building blocks, risk management integration, and real-time simulation engine.
- Community collaboration, educational focus, and user mindset improvement are key priorities.
- Platform offers diverse asset class support, real-time market data access, and dual feedback system.
- CapitalMath aims to empower users with explainable, adaptable, and collaborative investment tools.
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Bloomberg Quint
2w
563
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Travel Food Services IPO Subscribed 2.88 Times On Final Day
- The Travel Food Services IPO was subscribed 2.88 times on the final day of bidding.
- The IPO raised nearly Rs 600 crore from anchor investors and has a price band of Rs 1,045-1,100 per share.
- The IPO is entirely an Offer For Sale (OFS) by the promoter Kapur Family Trust, with no funds going to the company.
- Travel Food Services operates quick-service restaurants and lounges in airports in India and Malaysia, with a diverse F&B portfolio.
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HinduBusinessLine
2w
1.1k
Image Credit: HinduBusinessLine
Zepto in advance talks to raise $500 m from General Catalyst, Avenir at $6-7 b valuation
- Zepto is in advance talks to raise $500 million from General Catalyst and Avenir at a valuation between $6 billion and $7 billion, showing a 20-40% increase from its previous valuation of $5 billion.
- General Catalyst and Avenir are expected to be the main contributors to the new funding round, with other existing investors likely to participate on a pro rata basis.
- Zepto is finalizing a $500 million domestic secondary transaction, led by Motilal Oswal Private Wealth at a $5 billion valuation, with notable Indian investors like Sachin Tendulkar and Abhishek Bachchan participating.
- Zepto aims to increase domestic ownership through the secondary round before a planned IPO next year, with projections for India's quick commerce market showing significant growth potential.
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Medium
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265
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Streamlining Business Operations with Dokwa Suite: A Comprehensive Workflow Solution
- The Dokwa Suite offers various modules such as Finance, Operations, Assets Management, IT Support Automation, and Document Management with digital signing approval.
- The Finance module helps in streamlining financial transactions, invoicing, and reporting for informed decision-making.
- The Operations module assists in managing day-to-day activities, task assignments, and progress tracking to aid in organizational efficiency.
- The IT Support Automation module automates routine IT tasks, improving IT service delivery and reducing downtime for businesses.
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Baystreet
2w
17
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TSX Gains in First Hour
- Equities in Canada's largest market, TSX, opened higher on Wednesday driven by gains in real estate shares as investors kept an eye on trade and tariff updates.
- Nissan halted production of three models in Canada due to the mutual tariffs imposed by the U.S. and Canada on auto exports.
- Asset manager Blackstone and U.S. equity funds are reportedly in talks to buy H&R assets, with an activist investor urging the real estate investment trust to sell.
- Stocks on Wall Street rose, with tech leading the gains, as Nvidia became the first company to reach a market capitalization of $4 trillion, while investors monitored tariff updates and awaited the Federal Open Market Committee's minutes release.
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Baystreet
2w
204
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Dow Rebounds from 2 Days of Losses
- Stocks rebounded on Wednesday led by tech, with Nvidia hitting a milestone while investors kept an eye on tariff updates from President Trump.
- The Dow Jones rose 217.81 points, the S&P 500 gained 38.7 points, and the NASDAQ Composite surged 201.49 points.
- Nvidia shares climbed 2%, becoming the first company to achieve a $4 trillion market capitalization. Other tech giants like Meta Platforms, Microsoft, and Alphabet also saw gains.
- Traders remained unfazed by tariff news, with attention shifting towards the release of the Federal Open Market Committee's meeting minutes. Treasury yields dipped and oil prices rebounded, while gold prices fell.
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Bloomberg Quint
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415
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NDTV Profit Pulse On July 8: Top 8 Stories At 8 PM Under 8 Minutes
- Updates on US tariffs and Vedanta's response to Viceroy Research's report.
- TCS Q1 earnings preview, Asian Paints' exit from Akzo Nobel, and hoteliers' warning.
- Hospitality industry faces collapse in Maharashtra due to 'tsunami of unjust taxes'.
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Livebitcoinnews
2w
360
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Why Investors Are Turning to Ozak AI for High-Utility AI Token Exposure in 2025
- Ozak AI offers predictive AI tools for financial markets with its decentralized data analysis instruments.
- Investors are attracted to the presale of its tokens at $0.005, with a long-term goal of $1, driven by its predictive AI infrastructure.
- The platform focuses on real-time financial modeling and transparent data operations to provide users with actionable insights for better financial decisions.
- Ozak AI's $OZ token has seen strong presale momentum, aiming for a $1 long-term price forecast, with incentives like giveaways to attract early supporters.
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