Latest Stock Market News

Kotak Securities anticipates muted earnings growth, revising FY26 projections downward due to weaker economic commentary. They recommend a cautious investment approach, favoring domestic-focused sectors like hospitals, hotels, airlines, and select NBFCs. While IT and consumer sectors may underperform, attractive valuations in private banks offer relative appeal despite modest earnings growth.

Japan s Nikkei share average breached the 43,000-mark for the first time on Wednesday, with the broader Topix index also scaling a fresh all-time peak, tracking Wall Street s overnight gains and extending the rally to a sixth straight session.

JSW Cement will list on BSE and NSE Thursday, with grey market signals pointing to a modest 3% premium debut. The Rs 3,600 crore IPO saw strong QIB-led demand. Brokerages advise subscribing for long-term gains, citing growth prospects, capacity expansion, sustainability focus, and JSW Group synergies despite rich valuations.

According to Rohit Srivastava, the Indian market is currently in a consolidation phase, distinguishing between high-performing and underperforming stocks. A counter-trend bounce is anticipated, potentially reaching 25,200, but headwinds may persist. Looking ahead, Srivastava expects a broad-based bull market with midcaps and smallcaps outperforming largecaps due to their higher earnings growth.

Dish TV India’s Q1 net loss widened to Rs 95 crore from Rs 2 crore a year ago, driven by a 28% revenue drop. Asset write-downs, intense competition, and a long-running licence fee dispute weigh on performance, even as OTT platforms Watcho and FLIQS see growth.

Despite a modest 3% grey market premium for JSW Cement’s IPO, SBI has already bagged a stellar 125% return on its Rs 57.75 crore investment. Selling 88.23 lakh shares at a hefty premium, SBI pocketed Rs 78 crore profit ahead of listing. The Rs 3,600 crore IPO will trim SBI’s stake from 1.22% to 0.47%.

India’s four listed REITs, Brookfield India, Embassy Office Parks, Mindspace Business Parks, and Nexus Select Trust, distributed Rs 1,559 crore in Q1 FY26, up 13% YoY, to 2.7 lakh unitholders. Their combined market cap crossed Rs 1 lakh crore, underscoring the segment’s strong growth and investor appeal.

Kotak Securities anticipates a stronger second half for Indian markets, driven by festive demand and favorable monsoons benefiting rural areas. While consumer tech leaders like Nykaa and Honasa show long-term promise, high valuations in consumer companies raise concerns. Cautious approach is advised due to global economic uncertainty, prioritizing capital preservation over aggressive returns.

Crude oil prices fell on MCX and global markets amid OPEC’s production hike, strong US output, and supply concerns. Analysts foresee short-term recovery potential, with key support near ₹5,580 and resistance at ₹5,700.