Latest Stock Market News

Ethereum hit a four-year high above $4,920 before easing near $4,750, up 9% in a week. Bitcoin slipped from $117K to $112K after the Fed signals, sparking liquidations. Altcoins traded mixed, with Hyperliquid leading. Market cap hovered near $3.93 trillion, sentiment neutral.

Nazara Technologies shares plummeted, dropping 12% on Monday, following the Union Cabinet s approval of the Online Gaming Bill, 2025. The bill proposes strict regulations, potentially banning real-money gaming, impacting Nazara s stake in Moonshine Technology (PokerBaazi). ICICI Securities downgraded the stock to Reduce, further fueling investor concerns.

Gold futures at MCX surpass Rs 1 lakh, while silver also gains. Prices rebound after US Federal Reserve hints at possible rate cuts. Dollar index weakens and US bond yields decline. Geopolitical tensions, particularly in Ukraine, support safe-haven demand. Experts suggest trading strategies for gold and silver, providing key support and resistance levels.

Gold edged lower on Monday as a stronger dollar weighed, though hopes of a September Fed rate cut offered support. On MCX, October contracts slipped 0.08% to ₹1,00,306/10g, while COMEX gold fell 0.30% to $3,408.30/oz.

Nifty started Monday positively, supported by GST reform updates and expectations of Fed rate cuts. Expert Anuj Gupta recommends five stocks—Vodafone Idea, Dabur India, Tata Motors, Reliance Industries, Vedanta—with potential upside of 6–24% in the short-to-medium term. Stop-loss and target levels are suggested for cautious trading.

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Wall Street staged a notable comeback last week, leaving investors weighing the implications of Fed policy, inflation, and labor market signals. The Nasdaq jumped nearly 2%, the S&P 500 rose 1.5%, and the Dow saw strong gains after remarks from Fed Chair Jerome Powell stirred hopes of potential rate cuts.

Vikram Solar’s IPO, heavily subscribed at 56.4x, is set to debut on August 26 with a grey market premium of Rs 41. The solar module manufacturer, with 4.5 GW capacity, plans expansion into cell manufacturing and battery storage. FY25 revenue stood at Rs 3,423 crore, with strong EBITDA and PAT growth.

Anlon Healthcare’s ₹121 cr IPO opens Aug 26–29 with a price band of ₹86–91 per share. The issue is a fresh offer of 1.33 cr shares, with a minimum investment of ₹14,104. Allotment is due Sep 1, and listing on BSE/NSE is expected Sep 3. No grey market activity yet.

European shares retreated on Monday, having come close to record highs in the previous session on optimism around U.S. monetary policy easing, while shares of JDE Peet s touched a three-year high following a buyout deal.

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Japan s Nikkei share average rose for a second straight session on Monday, led by tech shares as the domestic market reacted to optimism for looser monetary policy in the U.S.

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