Latest Stock Market News

Vikran Engineering’s Rs 772-crore IPO allotment is likely to be finalised today after receiving 24.87x subscription. Backed by Ashish Kacholia and Mukul Agarwal, the EPC firm holds a Rs 24,400-crore order book. Shares are trading at a 6% GMP ahead of Wednesday’s listing.

India’s GDP grew 7.8% in Q1, driven by strong services and manufacturing. Economists caution the momentum may ease as one-off factors fade, fiscal space narrows, and exports face U.S. tariff pressure. Full-year growth is expected at 6.6%, slightly above RBI’s projection.

Gold and silver prices hit record highs on MCX as weak dollar, Fed rate cut hopes, and safe-haven demand boosted buying. Analysts expect volatility amid global trade tensions and rupee weakness, advising a buy-on-dips strategy with gold targeting ₹1,07,000 and silver ₹1,27,000.

Global central banks now hold more gold than U.S. Treasuries for the first time since 1996, with reserves exceeding $3.6 trillion amid record bullion buying. The shift reflects sanctions risks, U.S. debt concerns, and diversification needs, though the dollar remains dominant in global reserves.

The SCO summit marked a turning point in India-China ties, with both nations pledging to boost trade, ease travel, and deepen cooperation amid US tariff tensions. Modi’s grand reception, China’s trade overtures, and shifting supply chains highlight a pragmatic push toward multipolarity, positioning India and China as crucial global partners.

Apollo Micro Systems rallied nearly 14% in two days to hit a new 52-week high after securing DRDO approval as a production agency for the Multi-Influence Ground Mine and signing a technology transfer pact for the NASM-SR missile.

Bitcoin experienced a slight dip to around $107,400, while Ethereum fell over 7% to $4,380, as markets reacted to last week s pullback. Despite this, analysts note strong institutional interest in Ethereum, with significant ETF inflows, contrasting with Bitcoin ETF outflows. Bitcoin is consolidating, forming an accumulation zone for long-term investors, with potential resistance at $110,200 and support at $106,100.

Ather Energy s shares soared following the unveiling of its next-generation scooter platform, EL, at Ather Community Day 2025, reaching a 52-week high. The EL platform, designed for versatility and scalability, is expected to drive the company s future growth. With the launch of updated AtherStack™ 7.0 and next-generation fast chargers, Ather aims to enhance rider experience and meet rising market demand.

Since August 2023, 36 large-cap stocks have delivered gains of over 50%, with 11 of them more than doubling in value, rising between 100% and 230%.

The rally in Ola Electric shares comes after PLI certification for its Gen 3 scooters. Analysts highlight potential upside, but caution that stretched valuations and weak fundamentals persist, even as margins improve and technical charts signal a bullish breakout.