Latest Stock Market News

European stock markets saw gains, especially in the automobile sector. This followed positive signals from US President Donald Trump regarding potential trade agreements with the European Union. The optimism was fueled by a trade deal with Japan. Porsche and Mercedes-Benz stocks performed well. Lonza shares also increased after a profit forecast. However, ASM International and SAP experienced declines.

Shares of Japanese and South Korean automakers surged on Wednesday after U.S. President Donald Trump agreed to a trade deal with Tokyo that included reducing tariffs on Japanese auto imports to 15%, a move that stoked optimism about a similar agreement for Seoul.

Prateek Agrawal of MOAMC expresses optimism about a potential US-India trade deal, highlighting India s market size as a key negotiating strength. While a deal could boost Indian manufacturing competitiveness, its immediate impact on the stock market may be limited. Agrawal suggests monitoring currency markets and bond yields in the short term, emphasizing the long-term potential for labor-intensive sectors.

For over a month, the market has remained in a narrow range, leading to investor uncertainty. Adding to this are earnings results, which have come in below expectations compared to last quarter, creating a subdued sentiment.

Sapphire Foods India, which operates Pizza Hut and KFC restaurants in the country, reported a quarterly loss on Wednesday, as fast-food restaurant chains face stiff competition from local cafes and online kitchens.

Tata Capital is preparing for its IPO. The IPO aims to raise about $2.2 billion. The launch is expected in early September. The valuation target is around $12 billion. This valuation is higher than previous estimates. The IPO is buoyed by successful listings like HDB Financial Services. Market enthusiasm is growing. Other big listings are also anticipated.

PGIM India Mutual Fund sees investment opportunities in 3–6-year corporate bonds and long-duration bonds amid expectations of lower inflation and potential rate cuts. Short-term and dynamic bond funds are advised. Strong monsoon, easing inflation, and narrowing trade deficit support the outlook. Global yields remain elevated due to US economic strength.

GMR Airports Ltd. is considering a Rs 5,000 crore ($579 million) local-currency bond sale, according to people familiar with the matter, in what could be a record rupee issuance for India’s second-largest private airport operator.