Aditya Infotech, known for its CP Plus video security products, is launching its IPO on July 29, aiming to raise Rs 1,300 crore. The IPO includes a fresh issue of Rs 500 crore and an OFS of Rs 800 crore, with a price band of Rs 640-675 per share.

BEML has received an order worth approximately Rs 293.82 crore from the Defence Ministry for supplying High Mobility Vehicles. The company also signed agreements with DRDO for manufacturing advanced systems for the Indian Army. BEML s Q4 net profit increased by 12% to Rs 287.5 crore. Revenue rose by 9.1% to Rs 1,652.5 crore, driven by strong performance across business segments.

Tata Consumer Products reported a 15% YoY rise in Q1FY26 net profit to Rs 334 crore, but missed Street estimates. Revenue grew 10%, while EBITDA fell 8% due to higher tea costs. Brokerages retained ‘Buy’ ratings, expecting margin recovery from Q2. International growth, strong tea volumes, and synergies from recent acquisitions are seen supporting earnings ahead.

In a surprising move, Donald Trump is set to visit the Federal Reserve, escalating tensions with Chair Jerome Powell, whom he has repeatedly criticized for insufficient interest rate cuts. Trump s visit follows accusations of mismanagement in renovating historic buildings and his desire for significantly lower rates to ease government borrowing.

IndusInd Bank shares: As per an exchange filing, the bank plans to raise ₹20,000 crore through debt securities, either in Indian rupees or approved foreign currencies, via private placement. Additionally, it aims to raise ₹10,000 crore through equity instruments such as Qualified Institutional Placement (QIP), American Depository Receipts (ADR), or Global Depository Receipts (GDR).

Brokerages shared mixed views on key Indian stocks. Antique maintained a ‘Hold’ on Infosys citing margin concerns, while Nuvama stayed bullish on Dr. Reddy’s, backed by strong CDMO prospects and pipeline progress. Motilal Oswal reaffirmed its ‘Buy’ on Tata Consumer, expecting margin gains and acquisition synergies. Overall, sector-specific drivers are shaping the 12-month outlook.

China s yuan has surged to an eight-month high against the dollar, fueled by growing confidence in the Chinese economy and anticipation of upcoming trade talks with the U.S. The People s Bank of China (PBOC) has guided the currency s strength, setting a firm midpoint rate. This appreciation aims to boost domestic demand and counter deflationary pressures amid ongoing trade uncertainties.

Indian stock markets started the day on a slightly negative note. Banking and IT sectors experienced some downward pressure. However, positive expectations surrounding a potential free trade agreement between India and the UK provided some support. Investors are hopeful that Prime Minister Narendra Modi s visit to Britain will result in the signing of the FTA.

Mutual funds are increasingly backing Adani stocks, becoming net buyers in most counters during the June quarter, even as FIIs retreated. LIC selectively increased its stake in cement assets, while GQG Partners strategically reduced its exposure. This divergence reflects domestic investors confidence in Adani s recovery versus overseas investors caution amid market dynamics.

Analysts are optimistic about select Nifty mid-cap stocks across various sectors, with companies like Ashok Leyland, Emami, and Jubilant FoodWorks receiving numerous buy calls. Brokerages project potential upsides of up to 25% from current levels for some of these well-established names. Crompton Greaves Consumer Electricals shows a significant potential gain.