Latest Stock Market News

Rajesh Bhatia of ITI MF anticipates accelerated growth in life insurance. Regulatory concerns are easing. Companies are poised to capture market share from LIC. Valuations are attractive. Bhatia is less enthusiastic about general and health insurance. Global cost of capital poses a risk to PE multiples.

A total of six large and midcap stocks from the Nifty200 index hit fresh 52-week highs on Monday amid broader market momentum fuelled by EU tariff deadline delay and RBI s record dividend transfer to the government

Amidst market volatility triggered by global cues like Moody s US credit outlook downgrade, the broader market tone remains positive, particularly for banking and financials. Ajit Mishra suggests focusing on sectors with strong potential, such as defence, driven by indigenisation and export opportunities. He advises retail investors to have clear entry and exit strategies, emphasizing fundamentally strong stocks.

UBS remains optimistic about gold, anticipating diversification to drive prices higher, with potential for reallocation from US assets. Despite a recent price dip, strong support is expected, fueled by broad demand and limited supply. Credit rating cuts for the US could further boost gold prices, though portfolio allocation strategies depend on individual factors.

Angel One s Sneha Seth anticipates Nifty facing resistance around 25,100-25,150, with potential to reach 25,300-25,400 upon breaching this level. Support is expected in the 24,800-24,900 range. Seth highlights auto and banking sectors as promising, with IT and metal also showing leadership, suggesting a positive bias and a buy on dips strategy.

Gillette India posted a 60% rise in third-quarter profit on Monday, driven by strong demand for its grooming products.

The Indian rupee closed modestly stronger after hitting a two-week high on Monday as a turnaround in the dollar index weighed on regional peers like the Chinese yuan, which touched a seven-month peak earlier in the day.

Buoyed by optimism over US President Donald Trump’s decision to pause the 50% tariffs on the EU, auto stocks rallied sharply, boosting overall sentiment on Dalal Street.