Latest Stock Market News

Anlon Healthcare s Rs 121 crore IPO opened with 5% subscription within the first hour, showing strong retail investor interest. The IPO, priced between Rs 86 and Rs 91, has a grey market premium of around 4%. Funds from the IPO will support expansion and debt repayment, with Anand Rathi recommending a Subscribe – Long Term rating despite valuation concerns.

The Indian rupee continued its losing streak for a fifth consecutive session on Tuesday as Washington confirmed it will impose an extra 25% levy on Indian goods, clouding the outlook for Asia s third-largest economy.

Shares of Maruti Suzuki today jumped nearly 3% to hit a fresh 52-week high of Rs 14,825 on the NSE after India s largest passenger car maker flagged off its first Battery Electric Vehicle (BEV), e-Vitara in Gujarat.

Jefferies maintains a ‘Buy’ on BPCL with a Rs 410 target, citing strong earnings visibility, favorable valuations, and supportive crude price trends. HPCL faces higher risks due to ongoing projects and duty sensitivity. IOCL also rated Buy. Key risks include rising crude, excise hikes, and large new energy capex.

Prabhudas Lilladher forecasts Nifty 50 at 27,609 over 12 months, citing India’s consumption revival, tax cuts, and easier credit. Top stock picks include Titan, Britannia, DOMS Industries, Adani Ports, and ICICI Bank. Overweight on banks, healthcare, consumer; risks stem from U.S. tariffs, geopolitics, and sector-specific pressures.

Ardee Engineering gets SEBI approval to raise Rs 580 crore via IPO, including Rs 500 crore fresh issue and Rs 80 crore promoter offer. Proceeds will fund new manufacturing units, debt repayment, and corporate purposes. The company, serving multiple sectors, reported FY24 revenue of Rs 620 crore and PAT of Rs 29 crore.

Avadhut Sathe Trading Academy, which is facing Sebi scrutiny over allegations of misleading investors with stock tips disguised as education, on Tuesday said it is fully cooperating with the regulator and remains committed to providing any additional information or assistance sought.

Foreign Institutional Investors have pulled ₹1.16 lakh crore from Indian equities in 2025, with heavy selling in IT, FMCG, and Power, even as Telecom and Services saw steady inflows.

Indian markets fell over 1% amid US tariffs and rupee weakness. Vikram Solar debuted strong, Maruti hit record high, Vodafone slumped, Ola Electric rose, BLS order lifted stock, Sun Pharma declined.

Eight NSE midcap stocks including Union Bank, PFC, REC, and Coal India trade at PE ratios below industry averages, signaling possible undervaluation but also potential growth risks.