IT major Wipro will announce its quarterly results for the first quarter on July 13. Hence Wipro stocks is in focus
Ramdev-owned Patanjali Foods, formerly known as Ruchi Soya Industries, will launch an offer for sale (OFS) on July 13 that will allow its promoter entity Patanjali Ayurved to offload 2.53 crore shares at a floor price of Rs 1,000 apiece, as per a regulatory filing made on July 12
Titan will be ex-dividend on June 13 for Rs 10 per share.
The shares of HDFC will get delisted from the exchanges following a $64-billion all-stock reverse merger deal with subsidiary HDFC Bank. As per a BSE release, JSW Steel will replace HDFC in Sensex after the delisting and LTIMindree will replace it on NSE.
Prime Minister Narendra Modi will visit France and the United Arab Emirates (UAE) from July 13-15 to take forward cooperation with both countries in areas ranging from defence and security to energy. Modi is visiting France at the invitation of Macron during July 13-14
"Positive chart pattern like higher tops and bottoms is intact as per daily timeframe chart and present weakness could be in line with new higher bottom formation at the highs. On a move below 19,300, the market is likely to find another important support of 19,100-19,000 levels. Fresh buying interest could only emerge on a decisive move above 19,500 levels," said Nagaraj Shetti, Technical Research Analyst, HDFC Securities.
"Gold prices climbed on Wednesday, with the gold price at Comex trading up by 0.10% at $1,936 per ounce. Gold August future contract at MCX is trading up by 0.03% at Rs 58,785 per 10 grams. The Comex gold short-term range shifted upward, from $1,910–$1,935 to $1,924–$1,950 per ounce. The upside will extend to the next resistance level at $1,975/oz (100 DEMA) if the price crosses resistance at $1,950. MCX Gold August future has support at Rs 58,410 and resistance at Rs 59,300," said Saumil Gandhi, Senior Analyst - Commodities, HDFC Securities.
Delhi’s Indira Gandhi International Airport will see a significant surge in air traffic as all four runways become operational on July 13. At present, IGI, India’s largest airport, has three runways. The fourth will be inaugurated, alongside the first-ever elevated taxiway in the country
"Crude oil prices advanced on Tuesday, with the benchmark NYMEX WTI crude oil trading up by 0.40% at $73.50 per barrel. We expect crude oil prices to consolidate in the upper range. NYMEX WTI crude has first resistance at $74.84 (200 DEMA). If it surpasses this barrier, it will rally towards the $77.0 level. On the flip side, it has immediate support at 71.05. MCX Crude Oil July contract has resistance at Rs 6170 and support at Rs 5,980," said Saumil Gandhi, Senior Analyst - Commodities, HDFC Securities
IMD has also issued a heavy to very heavy rain alert for Bihar from July 11-13. The weather office has also predicted light/moderate rainfall with isolated heavy to very heavy rainfall over Uttarakhand, Madhya Pradesh, Vidarbha, and Konkan and Goa during the next five days and over Uttar Pradesh for the next two days in its recent forecast
Public sector OMCs including BPCL, IOCL and HPCL revise their petrol price and diesel price daily in line with international benchmark prices and forex rates. Petrol and diesel prices today remained stable
Hyundai Ioniq 5 N, will make its global debut on July 13 and will be the first high-performance, all-electric Hyundai model. Hyundai Ioniq 5 N specifications and features will also be announced. Hyundai Ioniq 5 N price will be released later for India.