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Starting August 1st, Indian retail investors gain formal access to algo trading under Sebi's new framework, moving from unregulated activity to supervised trading. While this democratizes automated trading, retail algos, subject to strict checks and slower execution, differ significantly from the sophisticated, faster systems used by institutions. The 'kill switch' provides a safety net against systemic disruptions.
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News and Media
Hindustan Unilever's stock rose 3.5% after reporting June quarter results that exceeded expectations, despite a slight dip in Ebitda margin due to increased advertising. Sales volume grew by 4%, with underlying sales growth reaching 5%. The company anticipates sustained business momentum, driven by price increases and stable input costs, expecting Ebitda margins to remain between 22% and 23%.
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News and Media
Indian markets reacted negatively to US tariffs. Donald Trump imposed 25% tariffs on India. Most sectoral indices closed lower. Textiles, automobiles, oil & gas, and pharmaceuticals are likely to be affected. Textile stocks could face pressure. There is ambiguity on the auto sector impact. Oil & gas sector also faced a drop. Pharma sector also declined due to the tariffs.
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News and Media
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