By Debdeep Gupta | 23 Jul, 2026
Trade Setup for July 23: Top 15 things to know before the opening bell
The Nifty 50 succumbed to selling pressure, declining 0.8 percent to end just below the psychological 24,000 mark on July 22, as escalating Middle East tensions lifted oil prices to $95 a barrel. Momentum indicators signal short-term weakness in the market. The index also slipped below its short-term moving averages and the midline of the Bollinger Bands, indicating that bears are in a stronger po...
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anbillion 2025-05-02 14:32:56
Auto component manufacturer Sundram Fasteners posted a 6.9% year-on-year drop in net profit at Rs 124.4 crore for Q4FY25, despite a 4.4% revenue growth to Rs 1,530.6 crore. The dip was primarily due to weaker margins—EBITDA slipped 1.4% to Rs 224.7 crore, and EBITDA margins narrowed to 14.7% from 15.5%.
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