Latest Stock Market News

HSBC reported a 17% rise in H1 2025 profit before tax in India, driven by strong corporate and institutional banking growth. India is now HSBC’s third-largest global profit contributor after Hong Kong and the UK, surpassing China and Canada.

Nine Nifty 500 stocks, including Nestle India and Dixon Technologies, are trading well above their book values, indicating strong investor sentiment but also potential overvaluation risks.

Jio Financial Services board on Wednesday approved fund infusion of Rs 15,825 crore through preferential issue of convertible warrants to members of the promoter group.

The National Stock Exchange (NSE) on Wednesday said it will introduce a lower price cap of 20 per cent below the issue price for SME initial public offerings (IPO) during the special pre-open session which will be effective on August 4.

Piramal Enterprises reported a 52% rise in consolidated Q1 net profit to Rs 276 crore, driven by lower credit costs and a 37% surge in retail loan AUM. While standalone profit dropped, the company s retail focus and improving margins signal positive momentum ahead.

Mahindra & Mahindra Q1 Results: Mahindra & Mahindra (M&M) on Wednesday reported a 24% year-on-year growth in its Q1FY26 consolidated net profit at Rs 4,083 crore versus Rs 3,283 crore in the year ago period.

Indian markets closed slightly higher led by L&T’s earnings boost. Stock-specific action dominated as companies like New India Assurance, DMart, and Jubilant Pharmova surged post strong Q1 results.

Markets regulator Sebi on Wednesday imposed a penalty totalling Rs 3.87 crore on 11 individuals for manipulating the share price of Darshan Orna Ltd (DOL) using social media channels.

Tata Investment Corporation will evaluate a stock split proposal during its August 4 board meeting, alongside Q1 results. The move aims to boost stock liquidity and accessibility for retail investors, subject to shareholder and regulatory approvals.