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Monthly F&o Expiry Ahead | Oil, Us Yields Cool Off | Defence Stocks In Focus

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Wall Street kicked off the week on a firm note as the AI trade got a boost from Anthropic’s IPO filing, with the Dow, S&P 500 and Nasdaq all finishing higher and chip names like Nvidia, AMD, Micron and Broadcom rallying 2-3%. Asian markets are trading in the green, US yields have eased below the 5% mark, and Brent crude has cooled to around $115.8 a barrel on renewed diplomatic efforts in West Asia. Back home, GIFT Nifty points to a cautious start on D-Street, with monthly F&O expiry in focus and the Fed beginning its two-day policy meeting.

We also break down the Q2 earnings from Tata Consumer, Sona BLW and Paytm, track the big results due today from L&T, Maruti Suzuki, Bajaj Auto, Cipla and SBI Life, and look at defence stocks after the DAC cleared proposals worth ₹2.12 lakh crore. We also cover the latest in the Tata Sons boardroom tussle, where Noel Tata has written to the company secretary challenging N Chandrasekaran’s reappointment. Get all the cues you need before the opening bell rings.

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