{"id":4197,"date":"2024-08-03T10:55:11","date_gmt":"2024-08-03T10:55:11","guid":{"rendered":"https:\/\/navia.co.in\/blog\/?p=4197"},"modified":"2025-08-19T07:27:46","modified_gmt":"2025-08-19T07:27:46","slug":"navia-weekly-roundup-july-29-august-02-2024","status":"publish","type":"post","link":"https:\/\/navia.co.in\/blog\/navia-weekly-roundup-july-29-august-02-2024\/","title":{"rendered":"Navia Weekly Roundup (JULY 29 &#8211; AUGUST 02, 2024)"},"content":{"rendered":"\n<div class=\"wp-block-rank-math-toc-block\" id=\"rank-math-toc\"><nav><ul><li class=\"\"><a href=\"#week-in-the-review\">Week in the Review<\/a><\/li><li class=\"\"><a href=\"#indices-analysis\">Indices Analysis<\/a><\/li><li class=\"\"><a href=\"#interactive-zone\">Interactive Zone!<\/a><\/li><li class=\"\"><a href=\"#sector-spotlight\">Sector Spotlight<\/a><\/li><li class=\"\"><a href=\"#explore-our-features\">Explore Our Features!<\/a><\/li><li class=\"\"><a href=\"#currency-chronicles\">Currency Chronicles<\/a><\/li><li class=\"\"><a href=\"#commodity-corner\">Commodity Corner<\/a><\/li><li class=\"\"><a href=\"#blogs-of-the-week\">Blogs of the Week!<\/a><\/li><li class=\"\"><a href=\"#n-coins-rewards\">N Coins Rewards<\/a><\/li><\/ul><\/nav><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"week-in-the-review\">Week in the Review <\/h2>\n\n\n\n<p>The market ended its eight-week gaining streak after a correction on Friday, August 2, wiped out the weekly gains. This decline followed the trend in global equity markets amid weak economic data. Despite this setback, the benchmarks reached a new all-time high during the week, as the Federal Reserve Chair hinted at a possible rate cut in the September meeting due to easing inflationary pressures.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"indices-analysis\">Indices Analysis<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/08\/New-WWP-18-1024x576.png\" alt=\"indices infocus navia\" class=\"wp-image-4231\" srcset=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/08\/New-WWP-18-1024x576.png 1024w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/08\/New-WWP-18-300x169.png 300w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/08\/New-WWP-18-150x84.png 150w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/08\/New-WWP-18-768x432.png 768w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/08\/New-WWP-18-1536x864.png 1536w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/08\/New-WWP-18.png 1600w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>This week, BSE Sensex fell 0.43 percent to end at 80,981.95, while the Nifty50 index lost 117.15 points or 0.47 percent to close at 24,717.70. On August 1, the Nifty50 index touched a fresh record high of 25,078.30 while the BSE Sensex hit a new high of 82,129.49.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"interactive-zone\">Interactive Zone!<\/h2>\n\n\n\n<p><strong>Last week\u2019s poll:<\/strong><br><strong>Q) <strong>Which of these factors drives the Sensex to fluctuate?<\/strong><\/strong><\/p>\n\n\n\n<p>a) Government monetary policy<\/p>\n\n\n\n<p>b) Fiscal policy<\/p>\n\n\n\n<p>c) Instability in politics<\/p>\n\n\n\n<p>d) All of the above<\/p>\n\n\n\n<p><strong>Last week\u2019s poll Answer:<\/strong> <strong>d)<\/strong> <strong><strong>All of the above<\/strong><\/strong><\/p>\n\n\n\n<p><strong>Poll for the week<\/strong>: <strong><strong>Which of the below statements regarding the Securities and Exchange Board of India (SEBI) is not correct?<br><\/strong><\/strong><\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-white-color has-text-color has-background has-link-color has-text-align-center wp-element-button\" href=\"https:\/\/tradeplusonline.typeform.com\/polloftheweek?typeform-source=navia.co.in\" style=\"background-color:#21a273\">Click to Participate<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"sector-spotlight\">Sector Spotlight<\/h2>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"864\" height=\"910\" src=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/08\/Sector-7.png\" alt=\"sector spotlight\" class=\"wp-image-4232\" srcset=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/08\/Sector-7.png 864w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/08\/Sector-7-285x300.png 285w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/08\/Sector-7-142x150.png 142w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/08\/Sector-7-768x809.png 768w\" sizes=\"(max-width: 864px) 100vw, 864px\" \/><\/figure>\n\n\n\n<p>Among sectors, Nifty IT down 3.04 percent, Realty index shed 3.76 percent, Nifty Auto index fell 2.04 percent and However, Nifty Energy index added 2.53 percent, Nifty Pharma added 1.39 percent each.<br><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"explore-our-features\">Explore Our Features!<\/h2>\n\n\n\n<p>Learn how to quickly check which securities are under a ban using the Navia app. Stay informed and make better investment decisions effortlessly. Watch our tutorial to see how it\u2019s done!<\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-white-color has-text-color has-background has-link-color wp-element-button\" href=\"https:\/\/www.youtube.com\/shorts\/PmmnQSuIIwI\" style=\"background-color:#296788\">Watch Video<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"top-gainers-and-losers\">Top Gainers and Losers<\/h2>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"1600\" height=\"900\" src=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/08\/Top-Gainers-and-losers-1-1-1.png\" alt=\"\" class=\"wp-image-4234\" srcset=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/08\/Top-Gainers-and-losers-1-1-1.png 1600w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/08\/Top-Gainers-and-losers-1-1-1-300x169.png 300w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/08\/Top-Gainers-and-losers-1-1-1-1024x576.png 1024w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/08\/Top-Gainers-and-losers-1-1-1-150x84.png 150w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/08\/Top-Gainers-and-losers-1-1-1-768x432.png 768w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/08\/Top-Gainers-and-losers-1-1-1-1536x864.png 1536w\" sizes=\"(max-width: 1600px) 100vw, 1600px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"currency-chronicles\">Currency Chronicles<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/08\/New-WWP-17-1024x576.png\" alt=\"currency \" class=\"wp-image-4223\" srcset=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/08\/New-WWP-17-1024x576.png 1024w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/08\/New-WWP-17-300x169.png 300w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/08\/New-WWP-17-150x84.png 150w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/08\/New-WWP-17-768x432.png 768w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/08\/New-WWP-17-1536x864.png 1536w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/08\/New-WWP-17.png 1600w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"has-luminous-vivid-orange-color has-text-color has-link-color wp-elements-f42b7404420abf0491a756ae233f9bb6\"><strong>USD\/INR:<\/strong><\/p>\n\n\n\n<p>This week, the Indian rupee fell to a record low but ended flat against the US dollar, closing at 83.77 on August 2 compared to 83.72 on July 26. The stability at the week\u2019s end reflects a period of uncertainty and adjustment for the domestic currency.<\/p>\n\n\n\n<p class=\"has-luminous-vivid-orange-color has-text-color has-link-color wp-elements-41e5a83422700b26ccef7411419e117e\"><strong>EUR\/INR:<\/strong><\/p>\n\n\n\n<p>The EUR to INR exchange rate rose by 1.14% for the week, reaching \u20b991.41. Despite the increase, the market sentiment remains bullish, indicating strong confidence in the euro\u2019s performance against the Indian rupee.<\/p>\n\n\n\n<p class=\"has-luminous-vivid-orange-color has-text-color has-link-color wp-elements-f4659f19e3c19ba3a530fc14bcfb331c\"><strong>JPY\/INR:<\/strong><\/p>\n\n\n\n<p>The JPY to INR exchange rate increased by 1.96% over the week, closing at \u20b90.57. The bullish sentiment in the JPY\/INR market highlights continued strength and optimism for the Japanese yen against the Indian rupee.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"commodity-corner\">Commodity Corner<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/08\/Commodity-8-1024x576.png\" alt=\"commodity \" class=\"wp-image-4224\" srcset=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/08\/Commodity-8-1024x576.png 1024w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/08\/Commodity-8-300x169.png 300w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/08\/Commodity-8-150x84.png 150w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/08\/Commodity-8-768x432.png 768w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/08\/Commodity-8-1536x864.png 1536w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/08\/Commodity-8.png 1600w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Amid ongoing concerns about potential supply disruptions due to the increasing threat of a broader conflict in the Middle East. The current resistance level (R1) is placed at 6,712&nbsp; and the support level (S1) is placed at 6,265<\/p>\n\n\n\n<p>gold prices are expected to be supported by potential Fed rate cuts in the coming months. The current resistance level (R1) is at 71110, and the support level (S1) is at 69001<\/p>\n\n\n\n<p>Natural gas prices continued to experience selling pressure, Forecasts for cooler temperatures in the Midwest that will curb nat-gas demand The current resistance level (R1) is at 173, while the support level (S1) is at 162.<\/p>\n\n\n\n<p class=\"has-text-align-center\">Do you have a question? Ask&nbsp;<a href=\"https:\/\/form.typeform.com\/to\/E6Woe8vl\" target=\"_blank\" rel=\"noreferrer noopener\">here&nbsp;<\/a>and we\u2019ll publish the information in the coming weeks.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"blogs-of-the-week\">Blogs of the Week!<\/h2>\n\n\n\n<div class=\"wp-block-media-text is-stacked-on-mobile\"><figure class=\"wp-block-media-text__media\"><a href=\"https:\/\/navia.co.in\/blog\/12-ways-ai-revolutionizing-stock-market-in-2024\/\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"625\" src=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/08\/AI-Trading-1-1024x625.png\" alt=\"\" class=\"wp-image-4238 size-full\" srcset=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/08\/AI-Trading-1-1024x625.png 1024w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/08\/AI-Trading-1-300x183.png 300w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/08\/AI-Trading-1-150x92.png 150w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/08\/AI-Trading-1-768x469.png 768w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/08\/AI-Trading-1.png 1361w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure><div class=\"wp-block-media-text__content\">\n<p><strong>12 Powerful Ways AI is Revolutionizing Stock Market Trading Strategies in 2024<\/strong><\/p>\n\n\n\n<p>Discover how AI is transforming stock market trading in 2024! Uncover powerful AI-driven strategies and tools that can give you a competitive edge. Read more on our latest blog!<\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-white-color has-text-color has-background has-link-color wp-element-button\" href=\"https:\/\/navia.co.in\/blog\/12-ways-ai-revolutionizing-stock-market-in-2024\/\" style=\"background-color:#ec4d37\">Check it out<\/a><\/div>\n<\/div>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-media-text is-stacked-on-mobile\"><figure class=\"wp-block-media-text__media\"><a href=\"https:\/\/navia.co.in\/blog\/dividend-dilemma-a-desi-cafe-chat\/\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"626\" src=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/08\/dividend-1-1-1024x626.png\" alt=\"\" class=\"wp-image-4239 size-full\" srcset=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/08\/dividend-1-1-1024x626.png 1024w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/08\/dividend-1-1-300x183.png 300w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/08\/dividend-1-1-150x92.png 150w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/08\/dividend-1-1-768x469.png 768w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/08\/dividend-1-1.png 1512w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure><div class=\"wp-block-media-text__content\">\n<p><strong>Dividend Dilemma: A Desi Cafe Chat&nbsp;<\/strong><\/p>\n\n\n\n<p>Explore the &#8220;Dividend Dilemma&#8221; with Shreya and Rohan at a cozy Kolkata caf\u00e9! Learn how dividend stocks can be a steady income source and why they attract investors. Read more on our latest blog!<\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-white-color has-text-color has-background has-link-color wp-element-button\" href=\"https:\/\/navia.co.in\/blog\/dividend-dilemma-a-desi-cafe-chat\/\" style=\"background-color:#ec4d37\">Read More<\/a><\/div>\n<\/div>\n<\/div><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"n-coins-rewards\">N Coins Rewards<\/h2>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/04\/unnamed-10-1-1-2-1-1.png\" alt=\"N coins \" class=\"wp-image-2306\" style=\"object-fit:cover\" srcset=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/04\/unnamed-10-1-1-2-1-1.png 1024w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/04\/unnamed-10-1-1-2-1-1-300x169.png 300w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/04\/unnamed-10-1-1-2-1-1-150x84.png 150w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/04\/unnamed-10-1-1-2-1-1-768x432.png 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center\">Refer your Friends &amp; Family and&nbsp;<strong><a href=\"https:\/\/navia.co.in\/n-coins\" target=\"_blank\" rel=\"noreferrer noopener\">GET 500 N Coins<\/a><\/strong>.<\/p>\n\n\n\n<p class=\"has-text-align-center\"><strong>Do You Find This Interesting?<\/strong><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><a href=\"https:\/\/form.typeform.com\/to\/L9uZTm9j\"><img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"86\" src=\"https:\/\/tradeplusonline.com\/tpblog\/wp-content\/uploads\/2023\/11\/image-13-3-1-1.png\" alt=\"\" class=\"wp-image-492\" srcset=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2023\/11\/image-13-3-1-1.png 300w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2023\/11\/image-13-3-1-1-150x43.png 150w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><\/figure>\n<\/div>\n\n\n<div class=\"wp-block-group is-nowrap is-layout-flex wp-container-core-group-is-layout-ad2f72ca wp-block-group-is-layout-flex\">\n<p>We&#8217;d Love to Hear from you-<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-white-color has-text-color has-background has-link-color wp-element-button\" href=\"https:\/\/form.typeform.com\/to\/bpQ8ZlDc\" style=\"background-color:#072d49\">Share a Feedback<\/a><\/div>\n<\/div>\n<\/div>\n\n\n\n<p><strong>DISCLAIMER: Investments in the securities market are subject to market risks, read all the related documents carefully before investing. The securities quoted are exemplary and are not recommendatory. Brokerage will not exceed the SEBI prescribed limit.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Week in the Review The market ended its eight-week gaining streak after a correction on Friday, August 2, wiped out the weekly gains. This decline followed the trend in global equity markets amid weak economic data. Despite this setback, the benchmarks reached a new all-time high during the week, as the Federal Reserve Chair hinted [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4240,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[11,7,21,53,10],"class_list":["post-4197","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-insights","tag-financial-goals","tag-indian-stock-markets","tag-investments","tag-marketperformance","tag-rocket-trading-app"],"featured_image_src":"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/08\/feature-images-8.png","author_info":{"display_name":"Navia Markets","author_link":"https:\/\/navia.co.in\/blog\/author\/tradeplusonline\/"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/posts\/4197","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/comments?post=4197"}],"version-history":[{"count":8,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/posts\/4197\/revisions"}],"predecessor-version":[{"id":12640,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/posts\/4197\/revisions\/12640"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/media\/4240"}],"wp:attachment":[{"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/media?parent=4197"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/categories?post=4197"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/tags?post=4197"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}