Adani Enterprises Limited (AEL) has announced the launch of its second public issue of secured, rated, listed non-convertible debentures (NCDs), aiming to raise up to ₹1,000 crore. This issue comes after the success of the company’s maiden NCD issue last year, which was fully subscribed on the first day. Details of the NCD Issue Issue Size: Base issue size of ₹500 crore Green-shoe option of ₹500 crore Total size up to ₹1,000 crore Opening and
Read More
Oil prices slid in early trading this week after OPEC+ announced a much larger-than-expected increase in production for August. The move signals a strategic push to regain market share even at the cost of lower prices. What Happened? At its July 5 meeting, OPEC+ agreed to raise output by 548,000 barrels per day (bpd) in August, well above the prior monthly increases of 411,000 bpd and significantly higher than April’s 138,000 bpd gain. Following the
Read More
Shares of Eternal Ltd. came under pressure in today’s trading session after the company announced the appointment of a new Chief Executive Officer to lead its food delivery division. The stock declined as investors weighed the potential risks associated with leadership transitions in a business segment that has become a key growth driver for the company. Eternal’s food delivery arm has grown rapidly over the past few years, benefiting from strong consumer demand and the
Read More
India’s equities market took a cautious turn this week as investors awaited clarity on a potential India‑US interim trade agreement before the July 9 tariff deadline. The uncertainty, coupled with tightening global conditions and recent regulatory actions, weighed on market sentiment. Market Performance & Sentiment Nifty ended the week at 25,461, while Sensex closed near 83,433, effectively snapping a two-week rally, with weekly losses of around 0.7%. Sector movement stayed mixed—about 7 out of 13 sectors
Read More
As global markets await a critical OPEC+ production decision, oil prices slipped amid uncertainty. Here’s an in-depth look at where natural gas, WTI crude, and Brent stand—and what lies ahead: Natural Gas Forecast: Volatility & Consolidation Sideways trading continues as markets digest mixed signals on weather and inventories. A drop below $3.35/MMBtu could open the door to support in the $3.05–3.10 range, with rallies likely to be sold into. WTI Crude Outlook: Testing Key Support
Read More