Latest Stock Market News

The dollar stayed firm as traders anticipated new tariffs from Trump this week. The Australian dollar hovered near a four-week low, with the Reserve Bank of Australia s policy decision in focus. The euro and yen showed slight movements, while the market expected the RBA to deliver a more dovish message amid uncertainty.

HBL Engineering secured five contracts worth Rs 762.56 crore from Central Railway for its Kavach system. This brings their total contract value this year to Rs 3,618 crore. Additionally, they won orders worth Rs 499.68 crore with Shivakriti International. Despite a year-to-date drop of 25%, HBL s stock surged 425% in the past two years.

Sunil Subramaniam suggests the capital markets will thrive, fueled by the Rs 1 lakh crore government giveaway bolstering mutual funds and equities. Hotels, airlines, and travel portals like MakeMyTrip are set to benefit from the travel boom spurred by tourism. Airlines face capacity shortages, but existing players and one-package travel solutions will prosper in the evolving market.

NHPC has commenced commercial supply of 600 MW electricity from three units of the Parbati-II hydro project in Himachal Pradesh from April 1, 2025, and progressed with its 300 MW solar power project in Bikaner. The projects aim at expanding clean energy generation in India.

Gurmeet Chadha, CIO of Complete Circle Consultants, emphasizes on the importance of considering valuations in market investments. Highlighting sectors like defence, consumer discretionary, and recycling themes, Chadha suggests a balanced portfolio with exposure to both equities and fixed income. Also, watch for rate cuts and liquidity infusion by RBI to potentially benefit the market.

In June 2024, HAL secured an order for 156 Light Combat Helicopters, with 90 set to be delivered to the Indian Army and 60 to the Indian Air Force. These helicopters are produced at HAL s Tumakuru plant in Karnataka.

IREDA reported a 27% year-on-year increase in loan sanctions, reaching Rs 47,453 crore for the year ended March 31, 2025, compared to Rs 37,354 crore in FY24. Loan disbursements also saw a healthy 20% YoY growth, rising to Rs 30,168 crore from Rs 25,089 crore.

Aditya Birla Real Estate Ltd (ABREL) approved the sale of its pulp and paper business in Lalkuan, Uttarakhand, to ITC Ltd for Rs 3,498 crore. The divestment aims to unlock value and enhance focus on real estate. MD R.K. Dalmia called it a strategic move to drive sustained growth and shareholder value.

With gold having outpaced equities over the past year, Gubbi suggests that now may be the time to rebalance—reducing gold exposure and increasing equities, provided initial allocations were aligned with long-term goals.