Latest Stock Market News

Swiggy shares slipped 4% after Q1 losses doubled, but Jefferies upgraded the stock to ‘Buy’ with a Rs 500 target, citing a likely bottom in profitability. The brokerage expects easing competition and a pause in dark store expansion to aid recovery, though volatility may persist due to Swiggy’s low-margin base and high-risk profile.

Suzlon Energy s shares surged nearly 5% following a 381 MW wind energy order from Zelestra for its first Indian FDRE project. The project, spanning Maharashtra, Madhya Pradesh, and Tamil Nadu, involves 127 Suzlon S144 turbines. Zelestra, backed by EQT, brings global renewable energy expertise to this strategic collaboration, enhancing Suzlon s bullish long-term technical outlook.

Foreign Institutional Investors increased their holdings in several mid-cap stocks during the first quarter of fiscal year 26. This indicates a growing interest in specific Indian companies. StockEdge data reveals that FIIs raised their stakes in ten Nifty500 firms. These firms include Vishal Mega Mart, IndusInd Bank, and Coromandel International. Nykaa, Swiggy, and Hitachi Energy also saw increased FII investment.

Indian textile stocks like Kitex, Pearl Global, and KPR Mill fell up to 7% after the U.S. under Trump slashed import duties on Bangladeshi goods from 35% to 20%, eroding India’s cost competitiveness. Firms with heavy U.S. exposure now face margin pressure as Vietnam and Bangladesh gain ground in key apparel segments.

The executive order includes limited exceptions for goods shipped within the coming week.

Ray Dalio, the legendary investor and founder of Bridgewater Associates, has officially sold his remaining stake in the firm.

Trade tensions are back in focus. Markets show signs of worry about tariffs. President Trump may impose additional tariffs. This could lead to inflation. The Fed s cautious stance adds to market concerns. A slow period for stocks is expected. Unless tariff policies change, a difficult period is anticipated. Investors are watching closely for developments.

JSW Energy s shares experienced a surge following a robust Q1 performance, with net profit climbing 42.4% to Rs 743 crore, fueled by increased renewable and thermal power generation. Revenue soared by 78.6%, and EBITDA nearly doubled, driven by significant capacity additions, including the acquisition of Mytrah Energy.

Sri Lotus Developers IPO saw strong investor interest. The IPO was subscribed 15.17 times on its final day. Non-institutional investors led the subscription. Retail investors and qualified institutional buyers also participated. The IPO s grey market premium indicated potential listing gains. The company aimed to raise Rs 792 crore. Proceeds will fund real estate projects and support corporate purposes.

Geopolitical tensions, BRICS ties, and Russia trade complicate India-U.S. trade negotiations amid new tariffs.