Consumer durables stocks rose the most. FMCG stocks fell the most.
Global markets: US markets were flat. European markets were up. Most Asian markets were down.
News
India’s gold jewellery demand fell 17% year-on-year to 106.5 tonnes in the April-June quarter, while total gold demand fell 5% to 149.7 tonnes: World Gold Council.
Foreign investors can no longer buy new government bonds of 14 and 30-year tenures through the fully accessible route (without any restrictions), effective immediately: RBI’s new guideline.
Akums Drugs IPO has been subscribed 1.37 times. Retail subscription: 3.35 times. Open till 1 Aug.