Russia announced that it stopped recruiting Indian nationals for its armed forces in April 2024, following concerns raised by India. The Russian embassy confirmed that about 50 Indians serving in the Russian military had requested help for discharge. The recruitment, which led to eight Indian deaths in the Ukraine conflict, involved 91 Indians, with 14 already discharged. Indian authorities, including Prime Minister Modi, have urged Russia to release the remaining 69 citizens. The Central Bureau of Investigation (CBI) has initiated criminal cases against individuals involved in misleading Indians into military service in Russia.

The ongoing political crisis in Bangladesh, marked by violent protests and the ousting of Prime Minister Sheikh Hasina, is impacting Indian companies with significant operations or market presence there. Firms such as Marico, Pearl Global Industries, and Emami have seen their stock prices fall, with Marico and Emami dropping over 4% due to potential sales disruptions. The crisis also affects companies like Adani Power, which has a crucial power supply agreement with Bangladesh. While some textile manufacturers are benefiting, the overall future impact on stocks tied to Bangladesh will depend on the unrest's resolution.

On August 5, 2024, the Sensex and Nifty 50 plummeted over 3% amid rising global and domestic concerns. The Sensex fell from 80,982 to 78,296, while the Nifty 50 dropped from 24,718 to 23,894. This led to a loss of nearly ₹17 lakh crore in market capitalization. Key factors include heightened fears of a US recession due to poor job data, escalating tensions in the Middle East, high valuations in Indian stocks, disappointing Q1 earnings, and technical issues like the Nifty falling below its 20-day moving average.

The Sensex tumbled nearly 2,400 points, or 2.95%, to 78,588.19, while the Nifty50 dropped 414.85 points, or 2%, to 24,302.85 amid fears of a US recession. Weak US jobs data, with the unemployment rate rising to 4.3%, heightened concerns over slowing economic growth. Geopolitical tensions in the Middle East further pressured markets. Over the last two sessions, the Sensex has fallen 4%, and the Nifty has declined 3.27%. Foreign institutional investors sold Rs 3,310 crore of domestic shares on August 2, contributing to the market downturn.

The Sensex and Nifty indices crashed by over 3% each, wiping out Rs 18 lakh crore in investor wealth. The Sensex fell by 2,345 points to 78,636.37, while the Nifty50 dropped 698.70 points to 24,019 amid fears of a potential US recession. Experts attribute the sharp decline to weak US job data, geopolitical tensions in the Middle East, and the unwinding of the Yen carry trade affecting the Japanese market. Investors are advised to trade cautiously and monitor global trends.

The S&P BSE Sensex plunged by 1,672.88 points to 79,309.07, and the NSE Nifty50 fell by 414.85 points to 24,302.85 due to weak global cues. Rising US recession risks and Middle East tensions drove the decline, with smallcap and midcap stocks also suffering. Major sectoral indices like realty, IT, and financial services saw significant losses. Experts suggest a cautious approach, highlighting overvaluations and global uncertainties. Top gainers included Britannia and Sun Pharma, while Tata Motors and Hindalco led the losers.

India's benchmark stock indices, BSE Sensex and Nifty50, achieved new highs on Thursday, driven by consistent foreign investor buying and a growth-oriented budget. The Sensex crossed the 82,000 mark for the first time, trading at 82,023, up 199 points, while Nifty50 surpassed 25,000, reaching 25,027.45, a gain of 76 points. The Nifty index rose 3% in July, with no signs of a market reversal in sight. Technical analysis suggests a decisive move above 25,100 could lead to a sharp upside, with immediate support at 24,750.

McDonald's reported a 1% drop in global sales for the April-June quarter, the first decline since 2020. Sales in licensed markets fell 1.3%, driven by weak demand in China and Middle East boycotts. CEO Chris Kempczinski cited cautious consumer spending habits as a key factor. System-wide sales totaled $23.2 billion, with same-store sales down 1.2%. The company faces challenges in key markets, including changing consumer behavior and geopolitical tensions. McDonald's will need to adjust its strategy to regain sales momentum and drive growth.

India's cement industry is witnessing fierce competition as Gautam Adani's aggressive expansion challenges Kumar Mangalam Birla's UltraTech Cement Ltd. Both tycoons aim to dominate the cement supply critical for India's infrastructure boom. Adani’s recent acquisitions have intensified the race, prompting UltraTech to make strategic moves. With significant deals completed and more in sight, the competition is set to escalate. Adani plans to double its production capacity by 2028, while UltraTech targets 200 million tons by 2027. This battle marks a significant phase in India's cement sector, driven by massive infrastructure investments.

Apple has announced significant price reductions across its iPhone models in India following a basic custom duty cut from 20% to 15% in the Union Budget 2024. The iPhone 15 Pro models have seen price drops up to ₹6,000, with the 128 GB version now priced at ₹1,29,800. The iPhone 15 Pro Max 256 GB variant now costs ₹1,54,000, down from ₹1,59,900. The iPhone 15 Plus and iPhone 15 base models also saw minor reductions of ₹300. These adjustments make high-end Apple devices slightly more affordable for Indian consumers.