Latest Stock Market News

Japanese government bonds stabilized on Monday after a volatile week. Fiscal concerns had previously driven super long-term yields to record highs. The benchmark 10-year JGB yield remained steady. Investors are cautious due to domestic politics and fiscal policy. Yields on 30-year JGBs stayed at their all-time peak. A poll showed a rebound in public approval for Prime Minister Shigeru Ishiba.

Indian government bonds experienced a rise on Monday, recovering from last week s decline, spurred by U.S. Federal Reserve Chair s indication of a potential interest rate cut next month. The benchmark 10-year bond yield is currently at 6.5422%. Market concerns persist regarding proposed Goods and Services Tax (GST) cuts, potentially leading to fiscal slippage and increased government borrowing.

S&P’s overdue sovereign upgrade and GST rationalization should boost India’s outlook, but markets remain muted as looming US tariffs weigh heavy. With India facing the steepest 50% rate, RBI may allow rupee depreciation to cushion the blow. Benign oil and food inflation provide space for calibrated currency adjustment.

State Bank of India has increased its home loan rates, setting the new range between 7.50% and 8.70%. Experts believe the impact on overall housing demand will be limited, especially for the mass market and first-time homebuyers. While affordable and mid-range housing segments may be more sensitive, structural drivers should maintain momentum.

Cohance Lifesciences, Divi’s Laboratories, and SAI Life Sciences rallied after Jefferies initiated coverage with ‘Buy’ ratings, citing strong growth prospects in India’s CRDMO sector. The brokerage sees a high-teen revenue CAGR, led by China+1 diversification, pipeline visibility, and demand for diabetes and weight-loss therapies.

FIIs cut stakes in 45 large-caps across March and June 2025, with 12 key underperformers falling 10–52%. Their exit signals possible caution and potential trend reversal for investors.

Markets experienced a downturn, ending a six-session winning streak. Several companies are in focus, including BMW Industries, which is investing in a new cold rolling unit, and Indian Hotels, which is pursuing strategic acquisitions. IDBI Bank received Sebi approval for LIC s reclassification, while IndiGo and Max Healthcare will join the Nifty index.

Reliance Communications and Reliance Telecom loan accounts, along with directors including Anil Ambani, have been tagged as fraud by Bank of India after a forensic audit flagged diversion of funds. The CBI raided Ambani’s Mumbai home and RCom offices following SBI’s complaint. Ambani denied all allegations, while Reliance Power and Reliance Infra clarified no operational or financial linkages to RCom.

Shares of Ola Electric rose up to 4.7% on reports that Niti Aayog has called a high-level meeting with top two-wheeler makers to push electric motorcycles. While EV scooters already command nearly 15% of their segment, motorcycles—two-thirds of India’s two-wheeler market—have just 0.1% penetration, posing a key challenge to the government’s broader electrification goals.