Latest Stock Market News

Ime Capital s Ashi Anand highlights the strong performance of new-age digital platforms like Paytm. These companies are exceeding profitability expectations. Quick-commerce losses are peaking faster than anticipated. Zomato s results have been positive. Anand also discusses Tata Motors, noting the strength of its domestic business. However, JLR faces challenges due to tariffs and competition.

Stock Market News: The resolution of Trump s tariffs at 50% has reduced market uncertainty, while hopes for US-Russia trade talks are fueling expectations of eased oil purchases for India. However, the assumption that a US-Russia agreement will automatically eliminate the extra 25% tariff is uncertain. SBI s strong loan and deposit growth, coupled with favorable valuation, makes it an attractive investment.

The Reserve Bank of Australia (RBA) has reduced its benchmark cash rate by 0.25% to 3.60%, a two-year low, attributing the decision to moderating inflation and a softening labor market. While the RBA anticipates core inflation to settle within its 2% to 3% target range, even with gradual policy easing, it signaled caution regarding further rate cuts.

JSW Steel shares inched higher on Tuesday, hitting an intraday high of Rs 1,059 apiece on the NSE after the Supreme Court reserved its verdict on the company’s Rs 19,700-crore resolution plan for debt-laden Bhushan Power and Steel Ltd (BPSL).

About 1.10 crore shares, representing 15.67% of the company’s equity, were traded via the block deal window at Rs 523 per share, amounting to a total transaction value of Rs 578 crore. Media reports had indicated that Bessemer India, a promoter group entity, might look to exit its entire stake in the company.

US and China have extended their tariff truce for 90 days, easing tensions in the ongoing trade war.

Fears grow that weakness in corporate credit could spill into equities as valuations outpace economic reality.

Inox Green Energy shares rose sharply after signing a comprehensive O&M agreement for 182 MW of operational wind projects with a major Indian conglomerate. The projects, located across multiple sites in Western India, are connected to Inox Green’s common infrastructure.

We have collated a list of recommendations from top brokerage firms from ETNow and other sources.