Latest Stock Market News

Hindustan Unilever s shares surged following a seven-quarter high revenue growth of 5% in Q1 FY26, prompting brokerages to raise target prices. The company s net profit rose 7.6% YoY, with analysts citing improved macro conditions and strategic interventions by the new CEO as drivers for future growth and margin recovery. Brokerages largely recommend holding or accumulating the stock.

Despite ongoing uncertainty in U.S. trade negotiations, the market remains optimistic, dismissing much of the rhetoric as bargaining tactics. While a headline deal between the U.S. and India is possible, the details may take time to finalize. India s strong domestic economy gives it leverage in negotiations, making it less vulnerable than other economies.

PNB Housing Finance s shares plummeted after Girish Kousgi, the MD & CEO, resigned to pursue other opportunities, effective October 28, 2025. The company affirmed its commitment to growth and stability, initiating a search for a new leader. While shares dropped significantly intraday, they have shown positive growth over the past year and five years.

Ray Dalio has sold his remaining stake in Bridgewater Associates. He founded the hedge fund 50 years ago. Brunei Investment Agency has acquired a minority stake in the firm. Dalio resigned as CEO in 2017. He handed over control in 2022. Bob Prince is now Bridgewater s biggest individual partner. The firm is controlled by a group of employees.

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.