The central bank has increased the repo rate by 25 bps to 6.5 per cent in its third bi-monthly RBI policy review meeting for 2018-19. However, RBI has maintained a neutral stance on the economy.

To keep itself equipped with the latest technology in this digitalised world, Asia’s oldest stock exchange BSE on Wednesday launched Ask Motabhai, an artificial intelligence based chatbot.

EIH Hotels reported steady performance for Q1FY19 with deterioration in bottom-line.

Two and three-wheeler giant, Bajaj Auto Limited reported its best July sales growth since 2010.

Following stocks are close to their 52-week low as at 1.12 p.m. on August 1, 2018.

The markets on August 1, 2018 opened up. BSE Sensex is trading at 37,565.72, down by 40.86 points and the Nifty is trading at 11,356.25, down by 0.25 points. 

A consortium of oil exploring companies lead by Reliance received a favourable ruling in a dispute regarding unjust production of gas near the blocks allocated to ONGC in the Krishna-Godavari Basin.

Parag Milk Food, a dairy FMCG company has informed bourses on Wednesday that it will begin production process in its plant installed at the Sonipat, Haryana by end of this week. 

EBITDA for the quarter fell by 19.4 per cent yoy to Rs. 9.57 crore with a corresponding margin contraction of 105 bps. EBITDA margin for the quarter stood at 4.7 per cent.

TATA Motors reported a surprise loss in Q1FY19 due to weaker JLR earnings and foreign exchange losses in the first quarter of the fiscal year.