Latest Stock Market News

Market expert Neeraj Dewan is optimistic about the Indian market. He highlights the strong performance of the defence sector, supported by robust order books and positive results from Bharat Electronics Limited. Dewan suggests investors to be stock-specific. He sees potential in the metal space due to China s lending rate cut.

JPMorgan Chase will allow clients access to Bitcoin ETFs, marking a major shift despite CEO Jamie Dimon’s long-standing criticism of the cryptocurrency. While Dimon remains sceptical, likening Bitcoin to illicit activity, he supports clients’ right to invest. The move signals broader crypto acceptance in traditional finance amid regulatory easing under the Trump administration.

Gold futures opened lower at MCX, mirroring international trends, while silver also saw a dip. This decline marks a significant fall from gold s peak, though recent volatility has kept prices largely flat. International markets initially rallied on Moody s US credit rating downgrade but retreated amid ceasefire hopes.

Railway stocks fell sharply on Tuesday amid broad market weakness and profit booking, following a sharp rally in recent sessions. Shares of RITES, Titagarh Rail Systems, and Jupiter Wagons led the decline. The fall comes after strong gains driven by optimism over resumed railway orders and sector-specific ETFs delivering over 16% returns last week.

The Indian rupee remained steady, influenced by various factors. The Chinese yuan s slight decline and dollar sales from foreign banks played a role. Dollar-rupee forward premiums decreased due to rising U.S. bond yields. Expectations of policy easing by the Reserve Bank of India also impacted premiums. Traders anticipate further dips in implied yield.

Market expert Neeraj Dewan suggests long-term investment in the fertilizer sector during periods of low interest and price corrections. He notes a potential turnaround in the QSR segment due to easing inflation and increased demand. While maintaining a positive outlook on OMCs due to strong momentum, Dewan advises caution regarding Eternal due to high competition in quick commerce.

Borana Weaves IPO: Retail investors drove the momentum, with their portion subscribed 7.12 times, while the Non-Institutional Investor (NII) category saw a subscription of 1.82 times. The issue, which opened on May 20, is set to close on May 22, with the listing expected on May 27.

Foreign institutional investors have resumed investing in Indian equities, driven by easing US inflation, a weakening dollar, and India’s structural growth story. Attractive risk premiums, improving macro stability, and liquidity-rich markets support inflows. However, global uncertainties and weak earnings remain key risks to sustained momentum in FII participation.

Global equity markets have surged, fueled by eased trade tensions and a shift towards bilateral agreements. India s markets reflect improving macro fundamentals, including rebounding forex reserves and increased banking liquidity. Government capex revival and renewed FII inflows further bolster resilience. While consumption slowdown and geopolitical tensions pose challenges, sectors like auto and capital goods outperform.

Moody’s downgraded the U.S. government’s credit rating comes after similar actions from other rating agencies, highlights growing concerns about long-term fiscal stability in the U.S.