Latest Stock Market News

S&P Global Ratings upgraded India s sovereign credit rating for the first time in 18 years, citing fiscal commitment and strong growth. While Bank of America Securities believes the immediate market impact may be limited due to tariff uncertainty, the upgrade validates the government s fiscal credibility and could lead to further positive rating actions after the next budget.

Prime Minister Narendra Modi’s Independence Day address unveiled sweeping GST reforms, proposing to replace the existing four-tier system with two key slabs—5% and 18%—while retaining a 40% rate for luxury and sin goods.

On Independence Day, Narendra Modi highlighted India s global strength. He emphasized research, technology, and job creation. GST reforms for MSMEs are coming by Diwali. The Prime Minister discussed energy security, deep sea oil exploration, and private sector nuclear power. Pharma research was also a key focus. He called for Atmanirbhar Bharat, promoting self-reliance across various sectors.

Bitcoin experienced a nearly 5% drop, reaching $115,000 after hitting a high of $124,000. Ethereum also declined, trading near $4,300. Experts advise caution before investing in altcoins. Japan s FSA is expected to approve yen-denominated stablecoins. Gemini has filed with the U.S. SEC to list its Class A common stock on Nasdaq. The crypto market shows volatility and potential shifts.

Prime Minister Narendra Modi’s Independence Day GST reform announcement is seen as a game-changer, with brokerages projecting a Rs 2.4 lakh crore demand boost and a 50–70 bps lift to GDP growth. Expected around Diwali, the reforms, coupled with earlier income tax cuts, are set to fuel discretionary spending, with auto and consumption stocks poised to benefit most.

JSW Cement shares rose up to 4% on Monday to ₹152 on the BSE, reclaiming levels above its issue price of ₹147 on what was effectively its second trading day, after a weak debut last week.

Suzlon Energy stock performance on 18-08-2025: The shares opened at Rs 61.5, reaching an intraday high of Rs 61.64 and a low of Rs 56.62 during the trading session. The stock has recorded a 52-week high of Rs 86.04 and a low of Rs 46.15. The previous day s closing price was Rs 60.06, with a total of 127,993,633 shares traded by 01:11 PM (IST).

Nilesh Jain of Centrum Broking is optimistic about OMC and crude-related stocks, with Asian Paints showing strong rebound potential. He anticipates Nifty to reach 24,700-24,800 and Bank Nifty to target 55,600-56,000, advising a buy-on-dips strategy. The IT sector, particularly large-cap stocks, is expected to recover, targeting a Nifty IT index level of 36,000.

Government’s proposed GST tweaks, along with earlier tax cuts and subsidies, are aimed at reviving consumption amid low inflation. Benefits are expected in small-ticket discretionary items, FMCG, durables like ACs, and select retail/QSRs, while premium goods may remain unaffected. Fiscal impact is seen as manageable, with short-term stock gains likely.

Suzlon reported a 7% YoY rise in consolidated net profit to Rs 324 crore for the June quarter, missing estimates due to a Rs 134 crore deferred tax charge. Revenue climbed 55% to Rs 3,117 crore on higher turbine volumes, while EBITDA surged 62% to Rs 599 crore with margins widening to 19.2%.