Latest Stock Market News

Hero MotoCorp s Q1 standalone net profit remained relatively stable at Rs 1,126 crore, with revenues experiencing a 6% YoY decrease to Rs 9,579 crore. The company saw strong demand for its entry-level and deluxe motorcycles, along with its 125cc scooter segment, while its electric mobility business under the VIDA brand gained traction.

Eight BSE 500 stocks hit fresh 52-week highs despite Sensex weakness, signaling bullish momentum. Top gainers include Sarda Energy, Godfrey Phillips, and Schneider Electric, with strong one-month returns.

Wall Street experienced a positive opening on Wednesday, fueled by persistent anticipation of Federal Reserve interest rate reductions. Investors are actively evaluating a new series of corporate earnings reports. The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all saw gains at the start of trading.

Crude oil extended its 3-month rally but faces headwinds from OPEC’s September output hike and weak US jobs data. Analysts suggest a ‘sell on rise’ strategy amid bearish technical indicators, tariff threats, and geopolitical risks clouding the global oil market outlook.

Shares of Godfrey Phillips India rallied 16.4% over the last two sessions after the company posted strong Q1 earnings and announced a bonus issue. In Wednesday’s trade, the stock jumped nearly 6% to hit a 52-week high of Rs 10,464.1 on the BSE.

Bitcoin remained steady above the $114,000 mark in Wednesday’s trade, reflecting cautious sentiment in the broader crypto market amid ETF outflows, technical resistance, and macroeconomic uncertainty.

Shares of Transrail Lighting surged over 13% after the company reported a 105% YoY jump in Q1 net profit and strong order inflows. Revenue rose 81%, driven by robust execution in its core T&D segment. With a growing order book and bullish management commentary, the stock is now trading 76% above its IPO price after months of underperformance.

Shanghai s stock market reached a 3.5-year high amid optimism for a US-China trade deal, fueled by Trump s positive comments. Gains were led by defense and coal sectors. Investors await clarity on trade negotiations and upcoming economic data, including trade figures and inflation, for further market direction. Hong Kong s Hang Seng Index saw minimal gains.

Nazara Technologies shares rose after the company announced a board meeting on August 12 to consider a stock split and bonus share issue. The board will approve the company s financial results for the June 25 quarter during the meeting.