Highlights

Indian equity markets closed flat as investors stayed cautious after the US Treasury Secretary announced tariffs from August 1 for countries without trade agreements.

Headline Indices
Sectors at a Glance

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What moved the market?

*Prices shown may have delay up-to 15 minutes

What Made Headlines?

Godrej Consumer Products Ltd.GODREJCP₹1,268.40 +6.33%

Godrej Consumer Products shares surge after a strong Q1 update showing high single-digit revenue growth and double-digit consolidated revenue growth.

Puravankara Ltd.PURVA₹293.25 +3.60%

Puravankara wins 8 society redevelopment projects in Mumbai’s Chembur area worth Rs 2,100 crore GDV, expanding its redevelopment portfolio significantly.

Eureka Forbes Ltd.EUREKAFORB₹604.55 +2.76%

Eureka Forbes partners with Dixon Technologies to manufacture robotic vacuum cleaners, expanding its product portfolio through strategic manufacturing collaboration with an EMS leader.

C.E. Info Systems Ltd.MAPMYINDIA₹1,777.60 +2.43%

MapmyIndia Mappls App integrates with India Post’s DIGIPIN system, creating India’s first comprehensive digital address system for precise location identification nationwide.

Prestige Estates Projects Ltd.PRESTIGE₹1,630.50 +1.08%

Prestige Falcon Malls Private Limited, a wholly owned subsidiary of Prestige Estates Projects, has acquired a 49% partnership interest in Prestige Notting Hill Investments. With this acquisition, the Company directly and indirectly holds a 100% partnership interest in Prestige Notting Hill Investments.

What’s Happening Beyond Markets?
  • SEBI banned global trading firm Jane Street for over ₹36,500 crore market manipulation case, citing “marking the close” and unfair settlement price practices. 
  • MSMEs contribute 30.1% to India’s GDP, 35.4% to manufacturing, and 45.73% to exports. 6.5 crore units registered, employing 28 crore people nationwide.
  • India ranks 4th globally in income equality with a Gini Index of 25.5, ahead of China and the US. 171 million lifted from extreme poverty 2011-2023.
  • India’s EV sales doubled in June 2025 compared to June 2024. EVs now account for 5% of new passenger vehicle sales versus 2% previously, as per the FADA report. 
  • Trump’s new tariffs on US imports will take effect from August 1 unless deals are finalized with partner countries by July 9.
  • Trump threatens 10% extra tariffs on countries aligning with the BRICS group’s “anti-American policies” as leaders meet in Brazil for the summit.
Back to Basics

Terms that put you one step ahead – every day.

What Is High-Frequency Trading (HFT)?

HFT is super-fast computer trading that executes millions of orders in milliseconds.

Think of it as robots racing to buy and sell stocks faster than humans can blink. Even a price change of ₹1-2 can be profitable when you’re making thousands of trades per second.

HFT uses powerful algorithms to spot tiny price differences across markets and profit from them.

Large institutions like hedge funds use this technology because it requires massive computing power and sophisticated systems.

HFT adds liquidity to markets but can also increase volatility. 

IPO Corner: Mainboard

Upcoming IPO

CompanyDateTotal Issue SizeIssue PriceMinimum Investment
Smartworks CoworkingJuly 10, 2025 to July 14, 2025₹582.56 Cr₹387 to ₹407 per share₹13,932
Corporate Actions
StockEx-DateRecord DateEvent TypeEvent Details
Johnson Controls-Hitachi Air Conditioning India Ltd.09 Jul 202509 Jul 2025Interim Dividend₹36.00
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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. 

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