Latest Stock Market News

Mihir Vora observes that while the market has reacted to both tariff tensions and domestic earnings weakness, it hasn’t fully digested these issues. Despite local buying, Mihir notes that the overall sentiment remains cautiously optimistic.

The MSCI Standard Index rejig, set for August 8, may see Vishal Mega Mart, Swiggy, Hitachi Energy, and Waaree Energies added, driving major inflows. Sonacom and Thermax face exclusion. Paytm may be considered in November. The Smallcap Index could see 12 inclusions and 4 exits.

JSW Cement s IPO is generating excitement. The grey market premium suggests a strong listing. The IPO opens for subscription soon. It includes a fresh issue and an offer for sale. Proceeds will fund a new plant and debt repayment. Retail investors can apply for shares. The stock is expected to debut on exchanges.

Following the reports, BSE shares saw the steepest decline, dropping 5% to a day’s low of ₹2,360. Angel One followed with a 3% fall, while CDSL and Motilal Oswal shares slipped 1.9% and 1.1%, respectively.

NSDL announced a Rs 2 per share final dividend for FY25, totaling Rs 40 crore. Past dividends stood at 50% for FY23 and FY24. However, future payouts remain uncertain, per its RHP. SEBI has restricted dividends beyond 15% holdings for NSE and IDBI. The IPO saw strong subscription and GMP.

Aditya Infotech, the CP PLUS parent, made a stellar debut on the bourses with a 51% premium over its IPO price. While analysts flagged near-term valuation concerns, trading at ~52x FY25 earnings, they remain optimistic about long-term prospects, citing strong brand equity, a wide distribution network, and rising demand for AI-driven surveillance. Investors are advised to accumulate on dips.

Tata Investment Corporation shares surged over 9% after the board approved its first-ever 1:10 stock split to enhance liquidity and retail participation. The move accompanied Q1FY26 results, showing an 11.6% rise in PAT. Technically, the stock remains bullish, trading above all key moving averages and showing strong momentum indicators.

Mayuresh Joshi of Marketsmith India suggests Paytm s future stock performance hinges on replicating its recent strong quarterly results. While a significant rally has already occurred, consistent performance could drive further rerating. Regarding IndusInd Bank, positive reactions to the new management are noted, but future stock movement depends on financial results and rebuilding trust.

Jaiprakash Toshniwal believes that sectors such as pharmaceuticals, chemicals, and especially speciality chemicals are showing attractive valuations and healthy growth.

China’s services sector grew at its fastest pace in 14 months in July, driven by stronger demand, export orders, hiring rebound, and easing trade tensions, despite challenges in manufacturing.