Latest Stock Market News

Indian export-oriented stocks fell sharply after Trump announced a 50% tariff on Indian goods like textiles, jewellery, shrimp, and chemicals. Analysts warn of sector-specific pain and stalling investments as trade tensions rise.

JSW Cement has set the price band for its Rs 3,600 crore IPO at Rs 139–Rs 147 per share, with a face value of Rs 10. The public issue will remain open for subscription until Monday, August 11. Retail investors can bid for a minimum of 102 equity shares and in multiples thereof.

Donald Trump s administration took steps to mainstream crypto. The GENIUS Act, recognizing stablecoins, became law. This move impacts the global crypto market, with Bitcoin surging. Pakistan and Bhutan are also exploring crypto reserves. India, a major player, faces regulatory challenges. Stablecoins could benefit India s remittance sector. India may adopt similar legislation for secure crypto use.

Gold October futures on MCX hit a record high of Rs 1,01,539 per 10 grams amid strong safe-haven demand driven by U.S. tariff uncertainty. Silver also traded firm at Rs 1,14,335/kg. Volatility remains elevated as the dollar index weakens. Analysts expect gold and silver to stay volatile, with key resistance levels likely to be tested in upcoming sessions.

Tata Motors is expected to report weak Q1FY26 results, with a sharp YoY drop in PAT and revenue due to sluggish volumes across JLR and domestic segments. Analysts foresee margin pressures from operating leverage, input costs, and forex challenges, while commentary on demand trends and margins will be closely tracked.

Lupin shares jumped 5% after reporting a 52% YoY rise in Q1 FY26 net profit to Rs 1,221 crore, driven by strong US and India sales. Revenue rose to Rs 6,164 crore. While Choice Broking upgraded the stock to Buy with a Rs 2,375 target, Motilal Oswal maintained a ‘Neutral’ view citing limited upside despite earnings surprise.

Bitcoin held above $114,500 as institutional inflows returned, lifting sentiment and technical momentum. Ethereum and altcoins also gained. Analysts cited strong liquidity zones, ETF inflows, and macro factors supporting long-term bullishness, despite short-term resistance and volatility. Consolidation may precede a breakout if key levels are crossed in the near term.

Quant Mutual Fund s CIO, Sandeep Tandon, believes India is skillfully navigating Trump s indirect pressure tactics related to Russia. He suggests an India-centric portfolio, excluding pharma, anticipating a sharp US market correction that could alter Trump s stance. Tandon views current trade tensions as posturing, not deal-breakers, and sees opportunities for Indian investors.

Porinju Veliyath of Equity Intelligence India suggests that tariff concerns are temporary and India s strong domestic economy and service exports offer opportunities. He advises investors to focus on domestic-focused companies, service exporters, and businesses in the AI segment. Despite market uncertainty, India s stability and growth potential make it resilient to external factors like unpredictable political behavior.

Porinju Veliyath of Equity Intelligence India advises investors to remain calm amidst tariff uncertainties, emphasizing opportunities in domestically-driven businesses and technology-led growth. He highlights India s strong macroeconomic conditions, stable government, and the pharma sector s competitive advantage. Despite potential tariff impacts, companies like Piramal Pharma remain promising due to their robust manufacturing and global supply capabilities.