Indian family offices are changing their real estate investment strategies. They are moving away from directly owning properties. Instead, they are investing in real estate through Alternative Investment Funds or AIFs. This shift provides better management, transparency, and diversification. High Net worth Individuals are seeking structured deals and clean exits. Residential development and yield-generating commercial assets are currently popular choices.
US President Donald Trump announced a 50% tariff on copper imports, impacting companies like Hindustan Copper and Vedanta. This move, effective by the end of July or August 1, follows an investigation under Section 232 of the Trade Expansion Act.
Investors seeking Dr. Reddys Laboratories' final dividend of Rs 8 per share for FY25 must purchase shares by today, July 9, as it is the last day to qualify. The record date is set for July 10, 2025, and settlement timelines require purchases before the ex-dividend date. On Tuesday, Dr. Reddys shares closed 2% lower at Rs 1,283.
In the Nifty500 pack, seven stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on July 8, according to stockedge.com's technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend. Take a look:
An imposter posing as US Secretary of State Marco Rubio sent AI-generated voice and text messages to high-level officials and foreign ministers, reports said Tuesday, the latest American official to be targeted by impersonators. The imposter contacted at least three foreign ministers, a US state governor, and a member of Congress using both text messaging and the encrypted messaging app Signal, according to the cable dated July 3.
Texas is facing a major crisis due to severe floods. Many people are missing after the disaster. The governor mentions a high number of unaccounted individuals in Kerr County. Rescue teams are working hard using helicopters and dogs. The search is difficult because of mud and water. The US President is expected to visit Texas.
Asian shares displayed caution as investors reacted to President Trump's firm stance on tariffs, ruling out deadline extensions. Copper futures declined following Trump's tariff threats, impacting global metal markets. Despite progress with the EU, potential tariffs on US technology firms remain a concern, leading to market indifference unless economic data weakens or inflation surges.
The Supreme Court has granted the Trump administration the authority to proceed with mass federal job cuts and agency restructuring, overturning a lower court's block. This decision allows the administration to pursue workforce reductions across numerous departments, despite opposition from unions and concerns about the impact on public services.
Amidst falling interest rates and investor caution towards fixed income, money market funds are gaining traction as preferred short-term investment options. These funds, investing in high-quality, short-term instruments, offer attractive yields compared to savings accounts and fixed deposits, coupled with high liquidity. Investors should prioritize funds with AAA-rated exposure and consistent performance.
US-based Jane Street is contesting SEBI's order accusing it of manipulative trading in equity derivatives, asserting a misunderstanding of hedging practices. The firm denies being uncooperative, stating it promptly provided information and modified trading after discussions with exchanges.
