
RIL to Roll Out 5G Services by Diwali - Top Indian Market Updates
RIL to roll out 5G by Diwali, invest ₹75,000 cr in petchem. Lupin gets USFDA nod, ABB India upgrades factory, LTTS wins BMW deal, IRCTC withdraws data plan.

RIL to roll out 5G by Diwali, invest ₹75,000 cr in petchem. Lupin gets USFDA nod, ABB India upgrades factory, LTTS wins BMW deal, IRCTC withdraws data plan.

Nifty opened with a 370-point gap-down; Nifty IT fell 3.5%, and Bank Nifty closed in the red. FMCG stocks gained while IT and banking sectors declined.

Bitcoin extended its fall below $20,000 on Monday due to Federal Reserve rate-hike concerns. Singapore plans tougher crypto rules for retail investors.

Pre-market analysis for NIFTY's expected gap-down opening, influenced by US market fall and Powell's speech. Includes updates on Reliance, UltraTech Cement, NTPC, Cipla, and NHPC.

Nifty closed down 1.12% last week, while Bank Nifty was flat. Key support and resistance levels for Nifty and Bank Nifty are outlined for the upcoming week.

Marico targets ₹850-1,000 crore food business by FY24. PNB sells NPA. Lupin gets UK drug approval. Tata Steel invests in Punjab. GAIL aims for net-zero.

Nifty and Bank Nifty opened with gap-ups but failed to sustain them, closing with minimal gains. Cement and power stocks performed well. Expect volatility next week.

Polygon founder Sandeep Nailwal launches $50M Web3 fund. Bitcoin, Ethereum prices fall. ED raids CoinSwitch Kuber. Samsung plans crypto exchange.

Pre-market analysis: Syrma SGS Technology IPO, HDFC Bank's investment in Go Digit, Dr Reddy's EIR, DLF's new project, and Jerome Powell at Jackson Hole.

IOCL targets net zero carbon emissions by 2046. HDFC Bank to acquire stake in Go Digit Life Insurance. PSP Projects secures new orders. Hero Electric partners with Jio-bp.

Nifty and Bank Nifty closed lower on a volatile monthly expiry, with IT and banking sectors leading the decline. Read the post-market analysis.

Ethereum Foundation confirms merge upgrade for September 10-20. Get updates on crypto prices, NFT thefts, Coinbase's new token, and weTrade's zero fees.