Latest Stock Market News

Japan s Nikkei share average slid on Friday, dragged lower by chip-related stocks on rekindled concerns about technology investment.

Seshadri Sen of Emkay Global Financial Services discusses the Indian market. He believes tariffs pose a limited threat. A cyclical recovery in consumption is expected. This will be driven by the Reserve Bank of India s monetary stimulus. Earnings are mixed, but not alarming. Consumer discretionary and industrials are favored sectors.

European stocks hit a 3-week low on Friday at the end of a busy week as investors worried about the impact of fresh U.S. levies on dozens of countries including a 39% rate on Switzerland.

Nuvama Wealth Management s shares have declined following income tax searches related to the Jane Street market manipulation probe. While Nuvama hasn t been directly implicated by SEBI, its role as Jane Street s trading partner in India has sparked investor concerns. SEBI alleges Jane Street manipulated index levels, amassing significant profits.

Mainland China and Hong Kong stocks extended their declines on Friday, posting their steepest weekly losses since April, weighed down by soft domestic economic data and worries over global trade following U.S. President Donald Trump s new tariffs.

IDFC First Bank first cleared a preferential allotment of over 81.26 crore shares, equating to a 10% stake in the company in April this year. The capital raised is aimed at fueling the bank’s upcoming growth initiatives.

The Indian rupee closed at a record low of 87.59 per dollar on Thursday, pressured by U.S. tariff threats, foreign outflows, and strong dollar demand. RBI intervened multiple times to limit losses, but persistent pressure from importers capped recovery.

Godrej Properties posted a 15% YoY rise in Q1 net profit to ₹600 crore, even as income declined 3%. Sales dipped 18%, but collections grew 22%. The company added five projects and achieved 57% of its annual business development target.

United States stock market experienced a downturn on Thursday. This happened after initial gains diminished. Investors were reacting to recent corporate earnings reports and economic figures. Microsoft s stock price increased significantly. Meta Platforms also saw a surge. However, other technology stocks faced challenges. Investors are closely monitoring upcoming economic data and trade developments.

Oil prices showed minimal movement on Friday as markets assessed the potential impact of new U.S. tariffs on economic activity and global fuel demand. While Brent and WTI saw slight gains, they are on track for weekly increases following Trump s threat of tariffs on buyers of Russian crude.