Latest Stock Market News

Federal Reserve Governor Lisa Cook said that the central bank will maintain its current interest rate because of the uncertain economic environment. She expressed concerns over rising inflation due to tariffs and anticipated slower growth. Cook also highlighted the risks tariffs could pose for inflation and growth, and the challenge for monetary policy.

Infonative Solutions IPO received strong interest, being oversubscribed over 4 times. The company aims to raise Rs 25 crore for developing new products and general corporate purposes. The allotment status can be checked on BSE and Kfin Technologies websites. The shares are set to list at a Rs 5 premium.

Spinaroo Commercial s IPO saw a modest response with slight oversubscription. The company will finalize share allotment today, with investors able to check the status via BSE or registrar s websites. The IPO aims to raise Rs 10 crore by offering shares at Rs 51 apiece, with the listing set for April 8.

HDFC Bank reported a 5.4% year-on-year growth in gross advances and a 14.1% rise in deposits for Q4FY25. Retail loans increased by 9%, while average deposits saw a 15.8% jump. The corporate & other wholesale loans declined by around 3.6% over March 2024.

Mazagon Dock Shipbuilders will see a government stake sale of up to 4.83% through an Offer for Sale from April 4-7. The floor price is set at Rs 2,525 per share. Institutional investors can bid from April 4, while retail investors and employees can bid on April 7. The proceeds will help the government comply with public shareholding rules.

Bajaj Finance reported strong Q4 FY25 results with a 26% year-on-year rise in assets under management. The company s customer base expanded to 101.82 million, adding 4.70 million new customers. Additionally, Bajaj Finance is under scrutiny by the RBI over compliance gaps in its co-branded credit card business.

Ramesh Damani, a BSE member, emphasizes that the bull market has resumed with public sector stocks, particularly in defence and construction, leading the way. He suggests focusing on domestic growth sectors like digital infrastructure and pharma. Damani highlights India s resilience and advises against panic, stressing the importance of investing in appreciating assets for long-term gains.

The Indian rupee weakened in the non-deliverable forward market following the U.S. President Trump s announcement of a 26% tariff on Indian imports. This move, part of a broader plan including a 10% baseline tariff on all imports and a 34% duty on China, led to significant market reactions.

Since 2000, gold has outperformed the Nifty50 index with a 2000% return versus Nifty s 1470%, providing strong diversification benefits to investors. The government has halted the issuance of sovereign gold bonds, making Gold ETFs an attractive option for exposure to the yellow metal.

Mumbai-based defence tech startup Tonbo Imaging has raised Rs 175 crore in Series D pre-IPO funding from Florintree Advisors, Tenacity Ventures, and the Export-Import Bank of India. This investment will support the development of advanced infrared sensors, high-power microwave technologies, and global expansion. The company plans to push innovation boundaries and scale its global footprint.