Latest Stock Market News

Coinbase s stock is poised for a significant drop, potentially erasing nearly $11 billion in market value, following a report of decreased second-quarter adjusted profit attributed to slower trading activity. Analysts at Morningstar consider the shares overvalued, projecting excessive future growth expectations.

Indian shares plummeted on Friday, with the Sensex and Nifty falling sharply due to global headwinds and U.S. tariffs on Indian exports. Persistent foreign fund outflows and a strengthening dollar further pressured the market. Pharma stocks also suffered following concerns over potential U.S. price regulations. Technical analysis suggests a further downside, with key support levels being closely watched by analysts.

JSW Cement s IPO is set to launch on August 7, aiming to raise Rs 4,000 crore through a fresh issue and offer for sale. Proceeds will fund a new cement unit, repay debt, and support general corporate needs. The company focuses on green cementitious products, poised to benefit from India s growing industrial sector and cement demand.

Indian markets ended lower amid weak global cues and trade tensions. Stocks like KIOCL, Suzlon, Indegene rose, while PNB Housing, IIFL Finance, and Graphite India saw sharp declines.

India s markets regulator on Friday proposed allowing foreign investors and qualified institutional buyers to participate as strategic investors in Real Estate Investment Trusts and Infrastructure Investment Trusts, a move aimed at boosting capital inflows into these sectors.

Bangalore International Airport Limited (BIAL), operator of Kempegowda International Airport Bengaluru on Friday announced that it has successfully concluded the largest unlisted private placement of Non-Convertible Debentures (NCDs) in India s airport sector, raising a total of Rs 9,000 crore.

Swiggy Q1 Results: Food delivery player Swiggy Ltd on Thursday reported widening of its net losses to Rs 1,197 crore in the first quarter of FY26, compared to Rs 611 crore in the year-ago period. Revenue from operations in the reporting period rose 54% YoY to Rs 4,961 crore.

Swiggy share price: Swiggy s shares faced a dip following the report of a wider net loss in Q1 FY26. Despite the loss, revenue saw a sharp increase. The company attributes the loss to investments in quick commerce and supply chain services. Motilal Oswal has raised Swiggy s target price, citing positive trends in average order value.

Sun Pharma share price: Sun Pharmaceutical s shares declined following a reported 20% YoY drop in Q1FY26 net profit, despite a 10% increase in revenue. Brokerages offer mixed recommendations: Nuvama suggests Hold, while Avendus upgrades to Add, anticipating future gains from India formulations and innovative drugs. Motilal Oswal maintains a Buy rating, citing a strong portfolio, but lowers the target price due to increased expenses.