Ather Energy held a live event today where they shook the market by surprise since the company decided to launch three new electric scooters and have loaded the market with a plethora of new features. So buckle up and prepare to be swept off your feet as we dive into the heart of an event that redefined the very notion of what an electric scooter is and what Ather wants to bring to the front.

Adani Enterprises Ltd. is exploring selling its stake in its Mumbai-listed consumer-staple joint venture with Wilmar International Ltd., freeing up capital for their core business, according to people familiar with the matter.

The conglomerate has been considering a potential sale of its 44% stake in Adani Wilmar Ltd. for a few months, the people said, asking not to be identified as the information is confidential. Adani’s shares are worth about $2.7 billion at the current share price, according to Bloomberg calculations.

Meta Platforms Inc closed at $310.73, down -4.53% during the week ending August 4th. The stock underperformed the broader market, with the DOW down (-1.11%), the S&P 500 down (-2.27%), and the NASDAQ down (-2.85%). Meta Platforms Inc's peers Palo Alto Networks Inc (-12.12%), Snowflake Inc. (-4.68%), and Zscaler Inc (-7.19%) were all closed lower on the week.

Meta Platforms Inc traded a 1-week average daily volume of 20.38M shares, or 70.87% of its 25-day average volume. The stock's intraweek range was between $309.93 and $325.66, its 52-week range is between $88.09 and $326.20, and its market cap currently stands at $799.56 Billion.

The rupee depreciated 5 paise to 82.72 against the US dollar in early trade on Thursday as a negative trend in domestic equities and firm crude oil prices weighed on investor sentiments.

Sustained foreign fund outflows, strength of the American currency in the overseas market further dented sentiments, forex traders said.

InterGlobe Aviation Ltd. (IndiGo) on Wednesday reported its first quarter fiscal year 2024 results, the company announced through an exchange filing.

IndiGo Q1 Earnings:

Total Income: Rs 17,160.87 crore vs Rs 13,018.81 crore YoY

Total Expenses: Rs 14,070.14 crore vs Rs 14,083.05 crore YoY