Latest Stock Market News

Metal companies performance in June 2025 quarter was influenced by raw material and product prices. Ferrous producers saw profit growth due to higher domestic prices and lower coking coal costs. Non-ferrous firms had muted results from weaker aluminium and zinc prices. Steelmakers benefited from falling coking coal costs and government safeguard duties.

Reserve Bank of India will meet with industry leaders to discuss the impact of US tariffs. The consultation is planned for September. It will assess how the 50% tariffs affect various sectors. Labour-intensive industries may face significant challenges. The meeting will also cover the India-UK trade agreement. RBI aims to cushion the economy from the fallout.

Silver prices in New Delhi hit a record high of ₹1,20,000 per kilogram. This surge happened as investors sought safe-haven assets. The US tariff on Indian products has taken effect. Gold prices also increased, reaching ₹1,01,270 per 10 grams. Political uncertainty after Donald Trump s dismissal of Lisa Cook, a Federal Reserve Governor, further fueled the rise in prices.

ByteDance, the parent company of TikTok, is planning a new employee share buyback, valuing the company at over $330 billion. This decision follows a 25% year-on-year surge in second-quarter sales, reaching approximately $48 billion, primarily driven by its China business. The buyback offers employees liquidity without an IPO, highlighting ByteDance s financial strength.

China s chipmakers are aggressively pursuing a plan to triple their AI chip production by 2026, aiming to lessen reliance on Nvidia. Huawei intends to initiate AI chip production by the end of the year and establish two more facilities by 2026. SMIC also plans to double its 7-nanometer chip manufacturing capacity next year, with Huawei as its primary client.

Motilal Oswal Securities remains positive on India s consumer sector after a stable first quarter. The brokerage favors Hindustan Unilever, Godrej Consumer, and Marico. It anticipates a widespread recovery in fiscal year 2026. This recovery will be due to lower inflation and possible rate reductions. Tax advantages and robust festive season demand will also help.

Markets faced pressure, slipping below key support levels, impacting recovery. BNP Paribas became a net buyer of Eternal shares worth ₹3,220 crore. J&K Bank appointed S Krishnan as non-executive chairman. Airtel announced support for users in regions disrupted by extreme weather. Tata Steel acquired shares in its Singapore subsidiary, while Zaggle Prepaid partnered with Standard Chartered Bank.

US equity futures and Nvidia shares declined after a disappointing sales forecast. This raised concerns about the AI spending boom. Hong Kong and Chinese stocks also weakened. Meituan warned of losses due to competition with Alibaba. Mexico plans to increase tariffs on China. Indian markets will be watched as new tariffs on Indian goods take effect.

The S&P 500 achieved a record high close ahead of Nvidia s quarterly results, a key event testing the AI rally s valuation. While Nvidia s stock dipped slightly, its significant S&P 500 weighting makes its financial performance crucial. Investors are also monitoring potential interest rate cuts and political developments, including Trump s attempt to replace a Federal Reserve Governor.

The dollar weakened as traders increased bets on a Federal Reserve rate cut next month, influenced by dovish signals from New York Fed chief John Williams and President Trump s pressure on monetary policy. Concerns over France s political stability had little impact, while a canceled trade negotiation trip from Japan added to market uncertainty.