Top News on July 18: ICICI Lombard, ICICI Prudential Q1 results; Orient Bell, L&T Tech ex-dividend stocks, Nifty today, Amit Shah to launch Sahara Refund Portal, POCO C51 Airtel edition Flipkart sale

Produced by: Prashanti Moktan

Q1 results today (July 18): ICICI Lombard, ICICI Prudential

ICICI Lombard, ICICI Prudential Life Insurance, Aurum Proptech, CIEINDIA, Ganesh Housing, Heidelberg Cement, HICS Cements, L&T Technology, Mudra Financial, Polycab India, Rajkamal Synthetics and Vivanta Industries are among the companies announcing their Q1 results today (July 18)

Ex-dividend stocks today: Orient Bell, L&T Tech, TTK Healthcare

Orient Bell, L&T Tech, TTK Healthcare, Precision Camshafts, UTI AMC and DCM Shriram are among the stocks set to trade ex-dividend today (July 18)

“The sharp surge in the banking index after a pause in the IT pack reaffirms our bullish view and we are eyeing Nifty to gradually inch towards a new milestone i.e. 20000 mark. Traders should maintain their focus on stock selection based on the sectoral trend and look for buying opportunities on dips,” said Ajit Mishra, SVP - Technical Research, Religare Broking Ltd.

Stock markets outlook today (July 18)

“Nifty rose once again on July 17, making a new all-time high closing. 19,567-19,800 could be the trading range for the Nifty in the near term though it seems due for some correction shortly. Bank stocks and sector could be in limelight in the near term,” said  Deepak Jasani, Head of Retail Research, HDFC Securities

Stock markets today (July 18): Analyst outlook

Union Home Minister Amit Shah is set to launch the Sahara Refund Portal today (July 18). The portal will enable investor to get refunds to the tune of crores of rupees

Amit Shah to launch Sahara Refund Portal today

PM Narendra Modi will remotely inaugurate the new integrated terminal building of Veer Savarkar International Airport in Port Blair today (July 18).  Built at a cost of around Rs 710 crore, the new terminal building will play a key role in boosting connectivity of the island Union Territory

PM Modi to inaugurate new terminal building at Port Blair airport

India will launch the pilot programme on tax and financial crime investigation in collaboration with OECD for the South Asian Region starting today (July 18) at the Regional Campus of National Academy of Direct Taxes in New Delhi. The announcement was made by Finance Minister Nirmala Sitharaman at a G20 side-event

India’s programme on tax and financial crime investigation

“We expect Comex gold prices to retrace to the $1,935 level before moving higher. For the week, Comex gold has first support at $1,935, then $1,910, and resistance at $1,983 per ounce. MCX Gold August future has support at Rs 58,700 and resistance at Rs 59,580,” said Saumil Gandhi, Senior Analyst - Commodities, HDFC Securities

Gold Price today (July 18): Analyst outlook

“On the technical front, WTI Crude has short-term resistance around its 200 DEMA at the $77.50 level; until prices trade below this level, buying should be avoided, and it has support at $70.40 for the week. MCX Crude August contract could trade in the range of Rs 5,960 to Rs 6,335,” said Saumil Gandhi, Senior Analyst- Commodities, HDFC Securities

Crude oil price outlook today (July 18)

Leaders from Congress, JD(U), RJD, TMC, Samajwadi Party, DMK, AAP, CPI(M), CPI, CPI (ML), Shiv Sena and NCP opposition leaders will be among 20+ parties expected to gather for a two-day meet of Opposition parties meet in Bengaluru starting today (July 18). Meanwhile, BJP President JP Nadda said that leaders of 38 parties will be attending the meeting of the BJP-led National Democratic Alliance (NDA) in Delhi on July 18

Opposition meet in Bengaluru, NDA conclave in Delhi

POCO C51 Airtel Exclusive special edition has been priced at Rs 5,999, The POCO smartphone will be available exclusively on Flipkart for sale starting today (July 18)

POCO C51 Airtel Exclusive special edition Sale on Flipkart

Public sector OMCs including BPCL, IOCL and HPCL revise their petrol price and diesel price daily in line with international benchmark prices and forex rates. Petrol and diesel prices today remained stable

Petrol, Diesel Price today (July 18)