Latest Stock Market News

Weak U.S. jobs data and volatile equity markets drove precious metal prices higher today. Gold October futures on MCX surged by Rs 710, or 0.71%, crossing the 1 lakh mark to trade at Rs 1,00,464 per 10 grams.

Trust MF s CIO, Mihir Vora, favors healthcare investments in R&D, CDMO, diagnostics, and hospitals, while being cautious about generic US pharma due to margin pressures. He anticipates a revival in the rural economy benefiting FMCG companies. Vora also foresees a multi-year upward cycle in private sector capex driven by PLI schemes and investments in green/blue hydrogen and fertilizer production.

Rate this item

(1 Vote)

Shree Cement s Q1 FY26 consolidated net profit soared 131% YoY to Rs 642.66 crore, driven by strong operating earnings growth and reduced expenses. Revenue saw a modest 3.1% increase, while EBITDA jumped 47%. Following the earnings release, Shree Cement s shares experienced a slight increase in trading.

Tata Investment Q1 Results: On a standalone basis, the company’s net profit rose 23.5% year-on-year to Rs 139.22 crore, up from Rs 112.76 crore in the corresponding quarter of the previous fiscal year, with revenue from operations increasing by 21% year-on-year.

All 10 Nifty IT index stocks are in the red for CY25, signalling broad-based sectoral headwinds rather than company-specific issues.

India s Ather Energy reported a narrower first-quarter loss on Monday, helped by higher demand for its e-scooters, particularly the best-selling "Rizta".

Rate this item

(1 Vote)

Tata Group hospitality firm Indian Hotels Company (IHCL) is putting the spotlight on the North East for new properties in line with India s ambition of developing the region, according to its Managing Director and CEO Puneet Chhatwal.

Mumbai s real estate market demonstrates robust demand, with property registrations climbing 4% to 88,639 units between January and July, according to Knight Frank. This performance marks the strongest since 2013 for the same period. Government revenue from these registrations surged 13% to ₹7,854 crores.

Rate this item

(1 Vote)

Rajesh Bhosale suggests a rebound in the market after recent selling pressure, with Nifty and Bank Nifty at crucial support levels. He recommends buying TCS, citing its multi-year support and oversold condition, targeting Rs 3,100. Ashok Leyland is another pick, showing a bullish reversal pattern with a target of Rs 130.

Gold prices surged over Rs 800 per 10 gram on MCX, tracking global cues. Tariff tensions, weak US jobs data, and Fed rate cut hopes spurred demand. Rupee weakness and RBI’s policy stance will influence domestic gold outlook further.

Warning! Information Posting in this website is only for educational purpose. We are not responsible for losses incurred in Trading based on this information.