Latest Stock Market News

The National Stock Exchange (NSE) has introduced the Nifty Waves Index, designed to monitor the performance of India s media, entertainment, and gaming sectors. Launched at the WAVES 2025 summit in Mumbai, the index comprises 43 listed companies and aims to provide a transparent benchmark for investors.

The board of Mahindra & Mahindra Financial Services on Friday approved a Rs 3,000 crore fundraising plan by ways of rights issue to the to the eligible equity shareholders of the company.

Marico s board has proposed a final dividend of Rs 7 per share for FY25, pending shareholder approval at the AGM. The record date is set for August 1, 2025, with payment expected by September 7, 2025. This follows an interim dividend of Rs 3.50, bringing the total FY25 dividend to Rs 10.50 per share.

Indian Overseas Bank reported a 30% YoY rise in Q4 profit to ₹1,051 crore, aided by lower employee costs, improved margins, better asset quality, and strong loan growth, especially in retail and agriculture segments.

For the first time, Domestic Institutional Investors (DIIs) now own more Indian stocks than Foreign Institutional Investors (FIIs), holding 17.62% stake in NSE-listed firms as of March 2025, driven by mutual fund and insurance inflows.

The Sensex rose 260 points to close at 80,502 on Friday, as eight BSE 500 stocks—including Godfrey Phillips, Bharti Hexacom and ICICI Bank—hit 52-week highs, signaling strong investor momentum and bullish sentiment across select sectors.

Indus Towers share price: Indus Towers shares sank 7.07% to ₹379.20 after analysts flagged uncertainty around dividend payouts and slashed growth estimates, citing reduced tower additions by Bharti Airtel. Brokerages like BofA and Citi now expect muted revenue growth and delayed shareholder returns.

The Phoenix Mills Ltd, which is mainly into development of retail real estate, posted an 18 per cent decline in consolidate net profit to Rs 268.82 crore during the March quarter on lower income. It had posted a net profit of Rs 326.73 crore in the year-ago period.

Gold prices climbed Rs 1,080 to Rs 96,800 per 10 grams in the national capital on Friday due to fresh buying from jewellers amid a firm trend overseas, according to the All India Sarafa Association.