Latest Stock Market News

Eternal s Q1 results wowed investors, revealing Blinkit s impressive growth. While FIIs and retail investors sold off shares, mutual funds strategically increased their stake, anticipating Blinkit s potential. Blinkit s transition to an inventory-led model and market share gains fueled optimism, leading brokerages to upgrade the stock with higher target prices, recognizing its long-term growth prospects in the food services and quick-commerce sectors.

A White Marubozu is a bullish candlestick pattern that forms when the opening price is the lowest and the closing price is the highest for a given period.

The RSI Trending Up signal is triggered when the Relative Strength Index (RSI) crosses above 50 from below, indicating a potential shift to bullish momentum.

Trading on the Multi Commodity Exchange (MCX) faced a temporary suspension on Wednesday morning due to a technical glitch. The exchange anticipated resuming operations by 10:10 am. Zerodha, a stock and commodities broker, alerted clients about the issue, advising them to utilize the NSE Commodity segment (NCO) for order placement during the outage.

Foreign Institutional Investors (FIIs) have been actively increasing their stakes in Indian smallcap stocks, with some picks yielding multibagger returns in 2025. Sectors like auto ancillaries, financial services, and defense have particularly attracted FII attention. While some stocks have thrived, others have underperformed, highlighting the inherent volatility in the smallcap market and the importance of selective investing.

PSU banks have surpassed private banks due to stronger fundamentals and decreasing NPAs, leading to valuation convergence. While recent profit booking impacted the Nifty PSU bank pack, analysts believe PSU banks will maintain their advantage over private peers for the next two quarters. Blinkit s positive results are also driving optimism for related stocks.

Anand Tandon suggests limited near-term movement in the energy sector, favoring grid infrastructure investments over oil and solar. While geopolitical tensions and Russian oil sanctions exist, their impact is mitigated by weak global demand and refined product re-exports. Tandon highlights rare earth metals, dominated by China, as a more pressing long-term strategic risk.

IndiQube Spaces Rs 700 crore IPO opened on July 23, aiming to capitalize on India s expanding flexible workspace sector. The IPO comprises a fresh issue and an offer for sale, with a price band of Rs 225–237 per share.

Indian government bonds traded in a tight range on Wednesday, as traders sought directional cues ahead of Friday s auction.

Oberoi Realty shares slid 4% after reports an institutional investor likely offloaded a 3.1% stake via a $230 million block deal at a 4% discount. Brokerages remain mixed: Nomura and Antique maintain ‘Buy’, Nuvama ‘Hold’, and Motilal Oswal ‘Neutral’ on the stock.