Latest Stock Market News

Indian markets closed higher on Monday, buoyed by IT and metal stocks amid rising hopes of U.S. Fed rate cuts. Nifty may face near-term resistance, while volatility persists due to weak earnings and low implied volatility readings.

Adani Power shares: On Friday, the company announced that its consolidated net profit for the June quarter fell by 15.5% year-on-year to Rs 3,305 crore, down from Rs 3,913 crore in the same period last year. Its revenue from operations also declined by 5.9%, reaching Rs 14,167 crore.

Marico posted a 9% YoY rise in Q1 FY26 net profit at Rs 504 crore, driven by strong international growth and price-led gains in India. Revenue surged 23% to Rs 3,259 crore, despite margin pressure from high input costs.

Indian equities ended in the green on Monday, buoyed by gains in IT and metal stocks, as rising expectations of a U.S. interest rate cut helped offset concerns over possible American tariffs on Indian exports.

Federal Bank s share price initially declined due to a 14.6% YoY drop in net profit for the June quarter, despite growth in net interest income and record-high other income.

Indian government bonds saw a rise early Monday, fueled by an increase in U.S. Treasuries and anticipation of the RBI s upcoming rate decision. The 10-year bond yield decreased to 6.3366%. Experts predict the RBI will likely maintain current interest rates. Lower inflation and U.S.

Seth R Freeman of GlassRatner Advisory notes India s role in stabilizing oil prices by purchasing discounted Russian oil amidst tariff announcements. He anticipates continued market volatility due to labor market adjustments, tariffs, and political news, especially with low summer trading volumes. An expected increase in global oil supply may further pressure prices, potentially leading to a price decline.

Securities and Exchange Board of India is pushing for changes in the derivatives market. This follows steps to reduce retail investor involvement. A temporary ban was placed on Jane Street due to manipulation allegations. SEBI aims to prevent unfair practices. The goal is to safeguard small investors. Volumes have decreased, but not enough, according to the regulator Tuhin Kanta Pandey.

UPL shares rose 7% after it narrowed Q1FY26 losses to Rs 176 crore and reported a drop in net debt. Brokerages were divided: Motilal Oswal maintained a Neutral rating citing soft pricing but projected strong profit growth, while Antique retained a Buy , raising the target to Rs 730 and highlighting margin recovery efforts and deleveraging focus.

PC Jeweller shares: To speed up its deleveraging efforts, PC Jeweller’s board approved a ₹500 crore fundraise in July from promoters and Capital Ventures Pvt Ltd. In addition, the company is expected to receive ₹1,300 crore through the conversion of warrants into equity shares by promoters and other investors.