Market Roundup 3 July 2026 - KAOHOON INTERNATIONAL

• Nine of India's ten most valued companies saw their combined market capitalization erode by Rs 2.74 lakh crore during a volatile trading week. • HDFC Bank suffered the most significant loss, with its market value dropping by over Rs 1 lakh crore, while Reliance Industries also experienced a notable decline.

• XRP is currently trading at $1.09, reflecting a slight increase of 0.75% as it finds support near the $1.0968 Ichimoku Kijun level. • Technical indicators show the asset is trading above its 20-day ($1.0978) and 50-day ($1.0972) moving averages, though it remains below the 200-day average of $1.3951.

• Global economic trends show mixed signals, with US unemployment claims hitting a near 60-year low, indicating a highly stable labor market. • South Korea's economy experienced faster-than-expected growth, primarily fueled by a continuing boom in artificial intelligence chips.

• Major European stock indices, including Frankfurt’s DAX, London’s FTSE 100, and Paris’s CAC 40, posted solid gains during recent trading. • The growth was primarily driven by resilient corporate earnings outlooks, strong performance in technology-heavy sub-indices, and steady domestic consumer demand.

• The U.S. Federal Reserve is expected to maintain current interest rates during its Federal Open Market Committee (FOMC) meeting scheduled for this week. • Market attention is shifting toward SK hynix's Q2 earnings report, with operating profit forecast to exceed 64 trillion won.

• Coca-Cola stock is currently trading steadily, supported by consistent cash flows, a strong dividend history, and modest revenue growth. • Recent quarterly financial figures and valuation metrics are serving as the primary framework for retail investors to assess the company's risk-reward profile.

• Market analysts are highlighting potential stock movements this week for Ather Energy, Havells India, and Lodha Developers. • Havells India is showing signs of a bullish trend reversal after a long-term downtrend and a month of flat pricing.

• IMF Managing Director Kristalina Georgieva discussed the global economic impacts of "Operation Epic Fury" and previewed the upcoming IMF spring meetings in Washington, D.C. • Market analysts and S&P Global Vice Chairman Daniel Yergin highlighted how Houthi attacks and tensions in the Strait of Hormuz are driving up oil prices and causing supply chain shocks for helium and fertilizer.

• HDFC Bank's stock has experienced a significant decline of 25% in calendar year 2026, dropping from Rs 992 to Rs 743. • As of the June 2026 quarter, the Government of Singapore Portfolio maintains a 2.17% stake in the bank, valued at approximately Rs 21,542 crore.

• The Government of Singapore completely exited its stakes in six companies, including Ashok Leyland Ltd, Eicher Motors Ltd, and Triveni Turbine Ltd, during Q1 FY27. • This total divestment across these holdings signals a significant portfolio reshuffling by the sovereign investor.

• Traders on the prediction market Polymarket have reduced the odds of U.S. inflation exceeding 4.5% in 2026 to just 25%. • This shift indicates a cooling of market expectations regarding future price increases and potential inflationary pressures.

• Valley National stock is trading steadily following improvements in net interest income and profit margins driven by consistent loan growth. • The bank's performance is supported by solid credit quality and higher income levels, reflecting a broader trend of stability within the regional banking sector.