Latest Stock Market News

CHINA-STOCKS/China, Hong Kong stocks edge higher ahead of tariff deadline

Nifty is attempting a bounce back after breaking the 24,500 support level, now trading in a 24,300-24,500 range. Rajesh Bhosale of Angel One suggests focusing on stock-specific action, highlighting PSU banks strength. He recommends buying Indian Bank around 662, targeting 690, and Tech Mahindra around current levels, targeting 1580, citing bullish patterns.

Nilesh Shah of Kotak AMC emphasizes focusing on resilient companies with reasonable valuations amidst global uncertainties. He highlights India s strong IPO pipeline driven by entrepreneurs from smaller towns, mirroring the evolution of the Indian cricket team. Kotak Mutual Fund favors domestic consumer discretionary sectors, anticipating growth from tax cuts and potential GST rationalization, prioritizing bottom-up stock ideas.

The stellar jump in the company s net profit was on account of a significant drop in its quarterly expenses.

US-imposed tariffs are severely impacting India’s affordable housing sector, which relies on the MSME workforce. Sales and new launches have plummeted, threatening financial stability for housing finance companies and millions of low-income homebuyers amid ongoing trade tensions and economic uncertainty.

Over July 29-30, 140+ Eternal executives, including Blinkit CEO Albinder Dhindsa, exercised ESOPs worth ₹419 crore. Dhindsa led with over half the value, while key leaders accounted for 90% of total conversions.

Suzlon Energy’s Q1 earnings are expected to show 55–58% YoY profit growth and ~60% revenue rise on robust wind turbine execution, though margins may stay flat at 17–18% amid seasonal slowdown

Nilesh Shah outlines market trends amid global trade tensions, emphasising self-reliance, sectoral focus, and investment strategies for FY26 and beyond.

Indian equity markets rebounded strongly, driven by positive earnings from State Bank of India and Tata Motors, alongside renewed investor confidence after a six-week losing streak. The Nifty 50 and Sensex both saw significant gains as investors anticipated U.S.-Russia talks. Gains were broad-based across sectors, with public sector banks leading the rally, while markets are closely monitoring the upcoming U.S.