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 After reporting fall in days, the rupee appreciated 9 paise to 79.81 against the US dollar in early trade. On July 25, the ruppee saw a rise and opened at 79.86 against the American dollar. Furthermore, it was also supported by the fall of crude oil prices, on July 25. In addition, Sensex was trading 95.33 points or 0.17% at 55,976.90, while the broader NSE Nifty declined 31.80-points to 16,687.65.

Zomato's acquisition of instant delivery service platform Blinkit did not go over well with investors, as the company's shares have dropped more than 20% since the announcement. On June 24, Zomato's Board of Directors authorized to purchase of Blinkit for Rs 4,447 crore. Zomato shares closed at Rs 54.9 on July 1, down around 23%. According to National Stock Exchange statistics, the company's current market value is Rs 43,147 crore.   

Bajaj Auto Ltd  approved a share buyback programme for an aggregate amount of up to Rs 2,500 crore. On June 27, the Bajaj Board of directors held a meeting and approved the buyback of the fully paid-up equity shares with a face value of Rs 10 each from existing shareholders. However, the buyback will not exceed Rs 4,600 per equity share and an aggregate amount of Rs 2,500 crores.

After a previous mini-rebound, Bitcoin's price decreased on June 1. Despite the drop, the world's largest cryptocurrency was still trading over the $31,000 threshold. This occurred despite continued fears about inflation and the possibility of a recession. Over the previous four days, Bitcoin has gained over 8%. But bitcoin was trading at $31,437.72, down 0.69% on June 1. While the majority of cryptocurrencies declined, Luna increased by over… read-more

The Government of India will sell 1.5% of its stake in the Oil and Natural Gas Corporation (ONGC) to raise a fund of Rs 3,000 crore. The offer for sale will be open on March 30 and 31, and the floor price for one share will be Rs 159. Notably, the government owns 60.41% of the stake in ONGC, which is estimated to produce half of India's oil and gas.