JULY STEEL SECTOR DATA

Crude Steel production at 14.4 MT vs 14.2 MT, up 1.9% YoY

Hot Metal Production At 8.4 MT Vs 7.9 MT, up 6.3% YoY

Finished Steel Production at 14 MT vs 13.5 MT, up 3.9% YoY

𝗗𝗲𝗮𝗹𝗶𝗻𝗴 𝗥𝗼𝗼𝗺 𝗕𝘂𝘇𝘇 - CNBCTV18

🟢 DLF: Domestic mutual fund accumulation; buzz of a new launch soon.

🟢 LIC Housing Finance: Strong delivery-based FII buying continues.

🟡 Welspun Corp: Further corporate development expected; possible small OFS.

🟢 UPL, Laurus Labs: Delivery-based FII buying seen.

CHINA'S DATA CENTERS ARE SET TO INCREASE THEIR ELECTRICITY USAGE FOUR TIMES BY 2030, OUTPACING CURRENT POWER CONSUMPTION OF SOUTH KOREA.

𝗠𝗮𝗿𝗸𝗲𝘁 𝗕𝘂𝘇𝘇: 𝗞𝗲𝘆 𝗦𝘁𝗼𝗰𝗸 𝗙𝗹𝗼𝘄𝘀 & 𝗗𝗲𝗮𝗹 𝗧𝗮𝗹𝗸 - NDTV Profit

🟢 DII Buy Flows: BEL, PB Fintech, Shriram Finance

🔴 Institutional Sell Flows: Reliance, Tata Steel

🟢 Potential Buyback: Emami, ICRA

🟢 Last Leg of Selling: Mankind, Shadowfax

🟢 Potential QIP Fund Raise: Gujarat Themis

🔴 Block Deal Buzz: Northern Arc

TATA COMMUNICATIONS: CO. ISSUES AND ALLOTS COMMERCIAL PAPER WORTH ₹300 CRORE; LISTED ON NSE ON AUGUST 24, 2026; REDEMPTION DATE SET FOR FEBRUARY 17, 2027.

WELSPUN CORP

PROMOTER TO SELL 2.4 % STAKE @ ₹ 2,250 VIA BLOCK DEAL

CANADA PUTS 15% - 50% TARIFFS ON APPROX. $20 BLN OF US PRODUCTS

- COUNTER-TARIFFS TO APPLY TO STEEL, DAIRY, APPLIANCES

- DOUBLES TARIFFS ON US STEEL PRODUCTS TO 50% FROM 25%

- ADDS TARIFFS ON US FARM EQUIPMENT, FURNITURE, PULP/PAPER

Hindustan Copper OFS sees 3.41x subscription; retail bidding opens on Wednesday - Govt exercises full green shoe

Coca-Cola, Nestle and PepsiCo under scrutiny as India debates stricter food labelling rules

Elon Musk says humans are "disappearing" with low birth rates

JUST IN: Crypto market added $500 billion in value in one week — "largest gain" since 2021.

REGULATORY CERTAINTY KEY TO ATTRACTING PRIVATE CAPITAL, SAYS WORLD BANK OFFICIAL

VODAFONE IDEA:

CO CLARIFIES ON NEWS ARTICLE “DELHI HC RAPS I-T DEPT OVER RS 53CR CO REFUND DELAY"

INDIAN COAST GUARD SAYS MORE ASSETS DEPLOYED TO AUGMENT SEARCH AND RESCUE EFFORTS FOR MISSING 22 CREW MEMBERS OF SHIP THAT SANK IN BAY OF BENGAL

LAXMI INDIA FINANCE :

CO APPROVES ISSUANCE OF NCDS AGGREGATING TO 1B RUPEES

ASTRAZENECA PHARMA: DELHI HC STAYS NPPA DEMAND

⚖️ Delhi High Court has stayed the NPPA demand notice related to alleged overcharging of Betaloc-50.

💰 Stay is subject to the company depositing 15% of the demand amount with the Court.

📅 Stay will remain until the next hearing on February 10, 2027.

📌 NPPA had alleged overcharging during June–July 2016.

HERO MOTOCORP: ₹960 CR INVESTMENT IN ATHER ENERGY

💰 Ather Energy allots 76.19 lakh warrants to Hero MotoCorp at ₹1,260 each.

💵 Total investment: ~₹960 Cr; Hero pays ₹240 Cr upfront.

📌 Remaining 75% payable on conversion into equity shares.

🤝 Ather Energy is an associate company of Hero MotoCorp.

ECB POLICYMAKERS ARE READY TO RAISE RATES IN SEPTEMBER TO STEM THE SIDE EFFECTS OF THE IRAN WAR, BUT HAVE LITTLE APPETITE TO SIGNAL FURTHER TIGHTENING - SOURCES

RELIANCE IND : Tribunal deletes Reliance Jio Infocomm's Rs 11,000 cr tax disallowance🟢🟢

BERNSTEIN ON INDIA BANKS

Loan growth gap between private and public banks has narrowed to 1 percentage point from a peak of 4 percentage points.

Private banks are gaining loan and deposit market share amid positive deposit growth momentum.

Public banks are achieving superior net interest income growth, running about 4 percentage points ahead due to stronger spread performance.

A robust retail mix is supporting margin resilience and sustaining the profitability lead for public banks.

Asset quality remains benign across the sector, backed by low credit costs and healthy slippage trends.

The upcoming ECL transition poses a key medium-term risk for public banks regarding capital and credit costs.

@Bazaarupdate