Q1 earnings, US inflation, Powell testimony, FII activity top 10 key factors to watch

Analysts anticipate a generally positive trend ahead, though volatility may arise during the Q1 earnings season and the release of US and Indian inflation data. Key factor to monitor also includes expectations for the Union Budget. Individual stock performance will be closely scrutinised based on their Q1 FY25 results and management updates. Investor focus will also be on foreign institutional investments, domestic institutional investments, and crude oil prices to gauge overall market sentiment. Read more here

Take a look at these key events

Today
Math 2.0 Day
Be a Kid Again Day
Ambey Laboratorues IPO to close for subscription
Bansal Wire IPO share allotment date
PM Modi to arrive in Moscow
CJI DY Chandrachud to hear NEET UG pleas
Jharkhand CM Hemant Soren's govt to face floor test
Rahul Gandhi to visit Manipur
Last day for SpiceJet to return engines to lessor
New H-1B visa rules to be released
CMF Phone 1 launch in IndiaTomorrow
Effwa Infra & Research IPO last day for subscription
Ganesh Green Bharat IPO to close for subscription
PM Modi to attend 22nd bilateral annual summit with Russia
Puri Temple: Panel to Decide on Reopening of Ratna Bhandar
‘Bharat Gaurav’ Ayodhya – Kashi train to commence from Secunderabad
Redmi 13 5G launch in India
Xiaomi Robot Vacuum Cleaner X10 launch in India
Tecno Spark 20 Pro 5G launch in India

Worli car tragedy: Police makes 2 arrests, Sena leader’s son Mihir Shah absconding

Worli Police arrested Rajendra Singh Bidawat, found inside the car, and Shiv Sena (Shinde faction) leader Rajesh Shah, father of the absconding accused Mihir Shah, late Sunday evening. Six police teams are now searching for Mihir Shah, who is accused in a fatal hit-and-run involving a BMW in Mumbai's Worli. Reports indicate Shah was allegedly intoxicated during the incident. Read more here

Oppo Reno 12, Reno 12 Pro to launch on July 12 in India

Oppo India is set to launch its latest Reno 12 series in India on July 12. It will comprise two models: the vanilla Reno 12 and the Reno 12 Pro. Both phones are equipped with artificial intelligence (AI) features aimed at enhancing user experience. Oppo has also revealed the design of the Reno 12 series and confirmed the color options and key features of both models.Display, processor, camera details here

Switching tax regimes while filing returns? Here’s what you need to know

Salaried individuals have the luxury of switching between old and new tax regimes every year. This apart, even if you had chosen, say, the new tax regime (default from FY 2023-24 onwards) while submitting your investment declaration to your employer, you can pick the old tax regime at the time of filing your income tax returns if you realise that you are eligible for multiple deductions that can reduce your tax payable. Here’s an easy guide to selecting the tax regime most suitable for you even while completing your tax return filing exercise.

Naidu, Nitish's demands run into billions as Centre works out 'Coalition Budget'

Chandrababu Naidu's TDP and Nitish Kumar's JD(U) have requested approximately $5.7 billion (around Rs 48,000 crore) in funds from the Narendra Modi-led Centre ahead of the upcoming July 23 Union Budget. The requests, outlined in documents reviewed by Reuters and a source, include significant financial support for the current fiscal year and a higher borrowing limit for infrastructure projects. Naidu, according to Bloomberg, has individually sought over Rs 1 lakh crore ($12 billion) in financial assistance. Read here

'I cleaned a lot of toilets': Nvidia CEO Jensen Huang says no task is beneath him

Nvidia co-founder and CEO Jensen Huang has always spoken about how his humble beginnings shaped the type of business leader he is today. The 13th richest person in the world once cleared tables, washed dishes, and even cleaned toilets. Read on