Latest Stock Market News

Gold and silver futures surged to lifetime highs on MCX, with gold jumping over Rs 1,600 per 10 grams and silver rallying Rs 1,900 per kg. The rally mirrored global market strength, fueled by a weaker rupee against the US dollar. Experts recommend a buy strategy, anticipating continued upside due to trade tariff concerns and the depreciating rupee.

Markets ended lower Friday as RIL, HDFC Bank, and Infosys dragged benchmarks, while select stocks outperformed. Yes Bank rose on fund infusion hopes, CG Power gained on OSAT launch, and Relaxo Footwear surged on GST optimism.

Oyo has received board approval to pursue a fresh IPO filing, highlighting improved Q1 results and FY25 EBITDA of ₹1,100 crore. Bankers project a $7–8 billion valuation, supported by growth in India, US, and emerging markets.

RBL Bank’s board approved raising ₹6,500 crore through equity and debt securities, including a ₹3,500 crore QIP. The stock surged 4.4% after the announcement, supported by strong six-month rally and fresh bulk deals.

J.P. Morgan reaffirmed its bullish stance on Nvidia, raising its target price to $215 despite softer guidance. Nvidia posted record Q2 revenue of $46.7 billion and net income of $26.4 billion, driven by AI and networking demand. Risks persist, but analysts see strong multi-year growth potential in AI infrastructure.

India’s equity markets corrected in July with combined BSE and NSE cash market turnover falling 32% year-on-year. Weak Q1 earnings, Trump tariffs, and foreign capital flight weighed, even as Sebi emphasized deepening cash markets and balancing F&O activity.

On Friday, Wall Street s main stock indexes saw a lower opening. This followed an inflation report that aligned with expectations. The report maintained anticipation for a September interest rate cut. However, it also raised concerns about tariffs potentially driving up prices. The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all experienced declines at the start of trading.

Reliance Jio, India s largest telecom operator, is planning to launch its initial public offering (IPO) by the first half of 2026, which could be the biggest share-sale in the country s history.

Chinese electric vehicle maker BYD s quarterly profit fell for the first time in more than three years, as its expansion hit a speed bump amid a government campaign against price wars.

Shares of Dell Technologies fell about 10% on Friday, as high manufacturing costs for AI-optimized servers and intensifying competition overshadowed the company s bullish demand forecast for artificial intelligence infrastructure.