Manipal Health Enterprises launched a Rs 9,275 crore IPO on July 29, 2024, among India’s largest healthcare public offerings. The deal comprises Rs 8,000 crore of fresh equity and Rs 1,275 crore in an offer-for-sale. Proceeds are set to primarily repay Rs 5,553 crore of debt, with Rs 574 crore earmarked fo.

On July 1, gold and silver extended a second straight day of declines at home and abroad as markets weighed expectations for higher US interest rates and fading prospects of a near-term US-Iran diplomatic breakthrough. MCX gold for August fell 1.18% to Rs 1,40,844 per 10 grams, while spot gold dropped 0.92% to $3,970.97 per ounce. Silver also slid across futures and spot markets, adding to the pullback in precious metals. Oil prices rebounded on reports that Iran had restarted crude exports after the lifting of the US naval blockade, increasing pressure across commodities.

印度卢比周四早盘大幅反弹，开盘报94.30兑1美元，较前日收盘上涨37派士至94.67。主因是布伦特原油价格单周下跌超10%、单月跌21%，最低至72.28美元/桶，反映霍尔木兹海峡航运恢复正常及地缘紧张缓和。印度作为90%原油依赖进口国，油价回落显著减轻进口账单与经常账户压力。市场亦传闻印度央行干预汇市以稳住95关口。

The United States granted Iran a 60-day sanctions reprieve to restart crude exports, lifting Brent crude to $78.03 a barrel. However, Washington and Tehran offered conflicting accounts of the nuclear talks, leaving geopolitical risks largely unresolved. Asian equities were mixed—Japan’s Nikkei 225 fell 0.6% while Taiwan’s benchmark gained 0.9% to a record high—and U.S. tech weakness pushed the Nasdaq down 1.32% as the Dow rose 0.29%.

UK Prime Minister Keir Starmer announced his resignation, deepening divisions within the ruling Labour Party as more than 100 Labour MPs publicly urged him to step down. The pound weakened to 1.32 against the dollar in the session and has fallen 1.65% over the past five trading days. Analysts said political uncertainty, alongside the dollar index moving above 101, has added pressure on sterling. Markets expect the standoff, if prolonged, to keep the pound under downward pressure.

On June 22, 2026, MCX gold futures for the August 5 expiry traded at ₹1,47,237 per 10 grams, down ₹2,072, or 1.39%, from the previous close. The contract moved between ₹1,45,710 and ₹1,48,343 during the session. The report links the decline to shifting global interest-rate expectations, currency swings and geopolitical developments, alongside a cautious market tone. Silver is described as facing pressure in futures trading, though no specific futures price is provided.

Iran halted quadrilateral technical talks in Switzerland with the US, Qatar and Pakistan after President Donald Trump publicly threatened to hit Iran “very hard.” The discussions had been focused on licences for Iranian oil sales, the release of frozen Iranian assets and a maritime security mechanism for safe passage through the Strait of Hormuz. Tehran said technical work had made progress, but it withdrew from the four-party format following the US warning. The move underscored renewed Gulf geopolitical tensions that have unsettled expectations for stable crude supply.

Donald Trump issued a forceful warning to Iran, saying the US would respond militarily if Tehran tries to close the Strait of Hormuz and could even take control of the waterway. Iran later said it has again closed the strait and that the closure has lasted nearly four months. The strait carries about 20% of global seaborne crude oil, and Iran described the blockade as the “biggest disruption to global energy supplies in history.”

U.S. stocks finished the week higher, with the Nasdaq Composite up more than 2.5%, the S&P 500 rising about 1%, and the Dow Jones Industrial Average gaining 0.7%. The advance was led by AI-linked technology strength, with semiconductor and broader tech shares standing out. Easing Middle East tensions and a pullback in oil prices also helped, while the Federal Reserve holding rates steady and a stronger dollar underscored ongoing policy constraints. The move was described as an event-driven, technical rebound rather than one tied to specific earnings or a policy shock.