The indices continued to kick start a week and achieved a new benchmark even though RBI hikes the REPO and Reverse REPO rates in it’s MPC meeting and trade war fears come out on screen between America and China again.

• Our rupee also had a slight resurgence when compared to the US dollar.
• In August and September, rainfall is expected to be normal.
• Reliance industries market value increased by 3% and reached a top place again.
• The last week of the day investors purchased banking shares in huge quantity
• The quarterly results of HDFC Bank, Bank of Baroda, Reliance Industries, Tech Mahindra and Bharti Airtel showed good profits.

Commodity & Forex Markets

• Crude Oil price increase slightly, Gold and Silver took a dip in this week
• Our rupee strengthened by 0.05 paise against the US dollar.