Airtel-Perplexity Deal, Trump Tariff Plans for 150+ Countries & More
- Share.Market
- 8 min read
- 17 Jul 2025
Share Market Highlights Today
Indian equity indices closed lower, snapping recent gains amid weak Q1 earnings, foreign outflows, and India-US trade deal uncertainty, keeping investor sentiment cautious.
Key Indices – Share Market Today
Today’s Top News from the Indian Share Market
IXIGOIXIGO shares surge to an all-time high after Q1 results beat estimates with 73% revenue growth and strong AI-driven efficiency gains.
DIXONDixon Technologies transfers lighting business to JV Lightanium Technologies for 49.12% stake, valued at ₹828 crores in revenue.
BHARTIARTLAirtel partners with Perplexity to offer a free ₹17,000 annual Pro subscription to all 360 million customers via the Airtel Thanks App.
WAAREEENERWaaree Energies shares fall 1% after calling off ₹293 crore Kamath Transformers acquisition due to disagreement on deal terms.
Top Performing Sectors Today
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Broader Market Performance Today
Top Gainers and Losers Today
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What’s Happening Beyond Markets?
- According to ICA, India must have to build copper reserves now as demand is expected to grow 5.4 times by 2047, leveraging metal’s recyclability to reduce supply risks.
- Trump plans a uniform tariff letter for 150+ smaller countries at a 10-15% rate, while major trading partners like India await individual notifications.
- China stocks hit multi-month highs, boosted by AI optimism and auto sector support measures.
- Canada introduces steel import limits (excluding U.S./Mexico) and a 25% tariff on Chinese steel to protect the domestic industry amid rising U.S. trade tensions.
- China’s youth unemployment (16-24) drops to 14.5% in June, the lowest in a year, as the government introduces new employment stabilization measures.
Back to Basics
Terms that put you one step ahead – every day.
What Are Merchant Bankers?
Merchant bankers are experts who help companies raise money from the public and guide them through complex financial transactions.
Imagine them as consultants who help a company plan and execute its big moves, like launching an IPO, mergers, or acquisitions.
In India, merchant bankers are regulated by SEBI and must be registered to operate.
They handle everything from preparing documents, ensuring regulatory compliance, pricing shares, to marketing the issue to investors.
For Indian investors, merchant bankers play a crucial role in ensuring that new investment opportunities (like IPOs) are launched transparently and efficiently.
IPO Corner: Mainboard
Upcoming IPO
| Company | Date | Total Issue Size | Issue Price | Minimum Investment |
Property Share Investment Trust REIT | July 21, 2025 to July 25, 2025 | ₹473.00 Cr | ₹1000000 to ₹1060000 per share | ₹10,00,000 |
Corporate Actions
| Stock | Ex-Date | Record Date | Event Type | Event Details |
| Anupam Rasayan India Ltd. | 21 Jul 2025 | 21 Jul 2025 | Interim Dividend | ₹0.75 |
| Shree Cements Ltd. | 21 Jul 2025 | 21 Jul 2025 | Final Dividend | ₹60.00 |
| Thangamayil Jewellery Ltd. | 21 Jul 2025 | 21 Jul 2025 | Final Dividend | ₹12.50 |
Before You Go…
Markets aren’t just charts and tickers; they’re daily tales of ambition and the quiet courage to stay invested.
We’ll be back tomorrow to cut through the noise, so you can focus on investing intelligently.
Disclaimer and Disclosure
PhonePe Wealth Broking Private Limited is a member of NSE & BSE with SEBI Regn. No.: INZ000302639, Depository Participant of CDSL Depository with SEBI Regn. No.: IN-DP-696-2022, Research Analyst with SEBI Regn No: INH000013387, BSE RA Enlistment Number: 5887 and Mutual Fund distributor with AMFI Registration No: ARN- 187821. Member ID: BSE- 6756, NSE- 90226.
Registration granted by SEBI, enlistment as Research Analyst with Exchange and Certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors
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