Latest Stock Market News

DLF reported net profit of Rs 766 crore during Q1FY26, Y-o-Y growth of 19% as it reported sales booking of Rs 11,425 crore, a y-o-y growth of 78%.

The Indian rupee extended its decline against the U.S. dollar on Monday, pressured by persistent foreign outflows and sustained dollar demand from importers, particularly state-run oil companies, traders and analysts said.

Top 10 Nifty500 companies with high EV-to-Market Cap ratios signal elevated debt or low cash buffers, raising financial risk concerns. Alok Industries, Vodafone Idea, and NTPC lead the list.

Private promoter shareholding dropped to 40.58% in Q1FY26—an 8-year low—after Rs 54,732 crore worth of stock sales. Domestic institutional investors (DIIs) hit a record 17.82%, while foreign investor share fell to a 13-year low of 17.04%.

Zerodha has cut trading fees for non-PIS NRI accounts to Rs 50 or 0.5% and launched a simplified onboarding process to attract NRI investors. The move follows SEBI’s regulatory easing and aims to reduce paperwork, boosting NRI participation in Indian markets, which remain under-tapped despite their high potential.

DLF reported an 18% YoY increase in consolidated net profit, reaching Rs 763 crore for the June quarter, driven by a 99% surge in revenue to Rs 2,716 crore. New sales bookings significantly grew by 78% YoY to Rs 11,425 crore, fueled by the launch of the DLF Privana ecosystem.

Waterfield Advisors appointed Riddhiman Jain as MD & Head of Investment Strategy and Abhishek Damani as MD, Alternative Investments. With vast experience in global wealth management and private markets, both leaders aim to strengthen Waterfield’s advisory, alternative offerings, and client-centric innovation as the firm scales amid rising investor demand.

Morgan Stanley’s Ridham Desai forecasts a 10% upside in the BSE Sensex, targeting 89,000 by June 2026. The optimism stems from macro stability, equity-friendly household shifts, and lower inflation volatility, supported by multiple structural growth triggers in India.

Tesla is awarding CEO Elon Musk 96 million shares of restricted stock valued at approximately $29 billion, just six months after a judge ordered the company to revoke his massive pay package.

Robert Kiyosaki says he will double his Bitcoin holdings if the “August Curse” pushes prices below $90,000. Despite market jitters, he blames macroeconomic mismanagement—not Bitcoin—for volatility. While bearish sentiment grows due to seasonal and global risks, Kiyosaki views the dip as a buying opportunity for long-term investors.