RBI sells $406 million in Indian Bonds, top firms' market cap surges, Nifty EPS growth slows

From Live Mint: 2024-07-21 10:35:28

Stock Markets Today Live Updates: The Reserve Bank of India sold $406 million in Indian Bonds over four days. Goldman and Morgan Stanley were among top investors in Vedanta’s $1 billion QIP. Nifty 50 EPS growth is expected to slow to 10-15% in FY25. The market cap of 8 top firms surged to ₹2.10 lakh crore. The “Trump trade” is making a comeback. Next week, 8 SME IPOs and 8 listings are scheduled. ICICI Securities recommends Adani Ports and Bank of Maharashtra. Gold is priced at Rs.74485.0 and silver at Rs.89070.0. This week, market triggers include Union Budget 2024, Q1 results, F&O expiry, and global cues.



Read more at Live Mint: Latest Market News Today Live Updates July 21, 2024: RBI sells $406 million in Indian Bonds as Index Inclusion boosts inflows: Report