Latest Stock Market News

Aditya Birla Capital s standalone net profit increased by 3% to ₹676 crore. This is for the quarter ended June 2025. Assets under management grew by 22% to ₹1.31 lakh crore. The NBFC business saw an 18% rise in disbursements. Consolidated net profit also rose by 10% to ₹835 crore.

The Indian rupee plummeted to a record low of 87.65 against the dollar, driven by demand from oil companies and importers despite a weaker Dollar Index. Foreign investors selling Indian equities further pressured the rupee. The 10-year benchmark government security yields softened amid expectations of a potential repo rate cut by the Reserve Bank of India.

S&P Global Ratings has revised the outlook for Adani Electricity Mumbai, Adani Ports, and Adani Green Energy, citing sustained operational strength and continued funding access. The agency affirmed the credit ratings of the three entities, upgrading APSEZ to Positive and AEML and Adani Green Group 2 to Stable . This revision reflects improved fundamentals despite ongoing regulatory investigations.

The government has reaped significant financial benefits this fiscal year through strategic bond switches and conversions, extending the debt maturity profile and reducing interest expenses. Bank of Baroda s study reveals interest cost savings of ₹560 crore, a substantial increase from ₹54 crore last year.

CleanMax s promoters, backed by Brookfield Corp, have secured ₹400 crore from 360 One Asset Management in a pre-IPO funding round. This investment will enable founder Kuldeep Jain to increase his stake in the renewable energy company from 14% to 21% before its planned IPO later this year.

Adani Infra acquired a significant stake in PSP Projects. The deal involved the purchase of 8.65 million shares. The transaction occurred through a block deal on the BSE. Each share was priced at ₹640. Promoter Prahaladbhai S Patel sold a portion of his holdings. The total value of Adani Infra s purchase was approximately ₹554 crore.

Morgan Stanley anticipates Indian equities will reach new peaks, projecting the Sensex to hit 89,000 by June 2026, a 10% increase from Monday s close. High growth, low volatility, and declining interest rates are driving higher Price to Earnings ratios. The brokerage highlights potential catalysts like a US trade deal and increased capital expenditure, noting weak foreign portfolio investor positioning.

Nuvama Alternative & Quantitative Research anticipates significant changes in MSCI s Standard index, with potential additions like Vishal Mega Mart, Swiggy, Hitachi Energy India, and Waaree Energies, attracting an estimated $1.03 billion in inflows. Conversely, Sonacoms and Thermax face possible exclusion, leading to outflows. The MSCI Smallcap Index is also expected to see multiple additions and exclusions.

SEBI proposed revisions to related party transaction (RPT) rules, easing compliance for listed firms. The regulator suggested turnover-based thresholds to determine material RPTs requiring shareholder approval, replacing the current ₹1,000 crore or 10% of turnover limit. This aims to address the one-size-fits-all approach, especially for high-turnover companies.

Asian stocks experienced gains following a wave of dip buying and optimism surrounding potential interest-rate cuts, mirroring the S&P 500 s significant rally. Investors are balancing robust corporate earnings with expectations of Federal Reserve easing, while monitoring tariff and trade developments. Despite warnings of a potential pullback, positive earnings reports and hopes for rate cuts are driving market sentiment.