Latest Stock Market News

U.S. Treasury yields experienced a sudden surge, sparking speculation about the cause. Theories ranged from a technical error, possibly a "fat finger" mistake in futures trading, to hedging activity related to a corporate bond issue. A massive sale of 10-year bond futures contracts was suspected, impacting the market.

Abhay Agarwal of Piper Serica highlights concerns over US tariffs affecting Indian industries. Order cancellations are already occurring in sectors like textiles. A resolution to the tariff disputes is crucial for market confidence. The RBI s recent policy was largely expected. Uneven growth and real inflation are key concerns for the RBI. Rate transmission to borrowers needs improvement.

Eternal share price: As per the term sheet, a bulk deal involving around 188.4 million shares — 1.9% of Eternal’s total shareholding — will take place on both NSE and BSE. The floor price is set at Rs 285 per share, reflecting a 4.63% discount to its August 6 NSE closing price of Rs 298.85.

Rajnish Kumar, ex-SBI Chairman, explains RBI rate cut transmission challenges. Loan structures and deposit rates cause hindrances. Repo-linked rates adjust faster than fixed-rate loans. Liquidity is ample, but credit growth depends on demand. Unsecured personal loans are slowing down. Corporate books have reduced. Banks have the capacity to lend. Growth depends on demand, not supply.

Donald Trump s tariff threat impacted Asian chip companies. Tokyo Electron and Renesas faced declines. TSMC and Samsung saw gains due to US investments. Taiwan stated TSMC would be exempt. Apple plans further US investment. The tariff aims to boost US chip production. Experts believe this will reshape the global semiconductor industry.

Indian textile stocks like Gokaldas Exports and KPR Mill may face pressure after US President Trump doubled tariffs on Indian goods to 50%. The hike, citing national security concerns over Russian oil imports, impacts textiles, gems, seafood, and more—excluding pharma and electronics.

India s branded residences market is gaining traction, attracting major players like Marriott, ITC, Wyndham, and Radisson. These companies are exploring opportunities across various locations, driven by demand from HNWIs and NRIs for luxury, service-oriented living. The sector is projected to grow significantly, with brands leveraging their hospitality expertise to offer premium residential experiences.

U.S. stocks closed higher on Wednesday, propelled by Apple s domestic manufacturing pledge and strong earnings reports from companies like McDonald s and Arista Networks. Investors are optimistic about the near term, with approximately 80% of S&P 500 companies exceeding earnings expectations.

The dollar weakened amid growing expectations of Federal Reserve rate cuts and concerns about political influence on U.S. institutions. Disappointing jobs data fueled speculation of a September rate cut, while the euro gained support from potential progress in Russia-Ukraine war talks. President Trump s nominations for Fed positions are also under scrutiny as traders anticipate further rate cuts this year.