Latest Stock Market News

Markets regulator Sebi has restrained SME company Varyaa Creations Ltd (VCL) from accessing the securities market for alleged diversion of funds raised through its initial public offering (IPO).

ITC Hotels reported its best-ever Q4 performance post-listing, with Rs 1,061 crore revenue (up 17%) and Rs 258 crore profit (up 40%). FY25 revenue stood at Rs 3,560 crore. Strong room rates, 79% occupancy, and a robust expansion pipeline underpin future growth, including international foray in Sri Lanka.

U.S. stocks are declining amid mixed economic reports, reflecting uncertainty surrounding President Trump s trade war. Retail sales fell short of expectations, while wholesale inflation showed improvement. Manufacturing appears to be contracting, but unemployment claims are lower than anticipated. Walmart s stock dipped despite a strong profit report, as the company cited tariff-related price increases and refrained from providing quarterly guidance.

Oil prices fell on Thursday on expectations for a U.S.-Iran nuclear deal that could result in sanctions being eased, while a surprise build in U.S. crude oil inventories last week heightened investor concerns about oversupply.

Spencer s Retail Ltd on Thursday reported narrowing of its consolidated net loss to Rs 68.40 crore for March quarter FY25. The company had incurred a loss of Rs 80.69 crore in the January-March period a year ago, according to a regulatory filing from Spencer s Retail, a RP Sanjiv Goenka firm.

JSW Energy Q4 Results: JSW Energy announces a 16% rise in consolidated net profit for Q4FY25. Revenue also increased by 16%. The board approved raising up to Rs 10,000 crore. A dividend of Rs 2 per share is recommended. Total revenue for FY25 grew by 6%. The company aims for 30 GW generation capacity by 2030.

Singtel plans to offload nearly 5 crore Bharti Airtel shares via block deals worth ₹8,500 crore at a 3.6% discount. Bharti Airtel recently reported a 432% YoY jump in Q4FY25 net profit to ₹11,022 crore.

Snacks manufacturer Bikaji Foods International Ltd on Thursday reported a 65.7 per cent drop to Rs 39.92 crore in consolidated profit for the March quarter of FY25.

UnitedHealth Group shares plunged 18% on Thursday as investors fled the stock after a Wall Street Journal report that the U.S. Department of Justice was carrying out a criminal investigation into the company for potential Medicare fraud.

The average rate on a 30-year mortgage in the U.S. rose above 6.8% this week, returning to where it was just three weeks ago.