Latest Stock Market News

Asset management firm OppenheimerFunds on Thursday sold shares of private sector lender Kotak Mahindra Bank for Rs 2,035 crore through an open market transaction.

Apollo Tyres on Thursday posted a consolidated net profit of Rs 12.8 crore for the June quarter on one-time expense of Rs 368.5 crore for the restructuring process.

Sunil Mittal-led Indian Continent Investment plans to sell a 0.8% stake in Bharti Airtel through a Rs 9,300 crore block deal at a 3% discount. Promoters currently hold a 51.25% stake, with Indian Continent Investment owning 2.47%.

Markets rebounded on Thursday, ending a two-day losing streak as HDFC Bank and IT stocks led gains. Nifty closed near 24,600, with resistance at 24,660. Analysts recommend buying JSW Steel and Hero MotoCorp based on bullish technical setups.

HPCL reported a sharp 1,128% year-on-year rise in Q1 standalone net profit to ₹4,371 crore, driven by strong refinery throughput and operational efficiency, despite marginally lower revenues and weaker refining margins.

Regaal Resources IPO comprises a fresh issue of shares worth up to Rs 210 crore and an offer for sale (OFS) of up to 94.12 lakh equity shares by promoter group shareholders. The public offer follows the book-building route, with 50% reserved for QIBs, 15% for NIIs and 35% for retail investors.

Transrail Lighting has said its net profit more than doubled to Rs 106 crore in the June quarter of FY26, pushed by higher revenues from core business segments.

Shares of dating app Bumble fell over 6% in premarket trading on Thursday, as investors reacted to a drop in subscribers and concerns about its ability to boost spending amid doubts over the pace of its AI innovation.

Financial planners recommend disciplined asset allocation as equity dominance weakens. Investors should diversify across equities, and gold using hybrid mutual funds for better risk-reward balance and tax efficiency, especially as reliance on a single asset class becomes riskier.