Latest Stock Market News

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.

Despite early warnings, tariffs under Trump haven t yet caused major inflation, but hidden costs are rising. Delayed impacts, reduced consumer confidence, and economic unpredictability suggest deeper consequences ahead.

Bitcoin surged past $106,000, driven by Moody’s US credit downgrade, rising institutional adoption, and regulatory developments. JPMorgan enabling Bitcoin purchases and optimism around the GENIUS Act added momentum. Analysts highlight $107,500 as key resistance. Altcoins also gained, with Chainlink, Solana, and Avalanche leading the rally.

Belrise Industries IPO is launching soon. The IPO price is fixed at Rs 85-90 per share. The IPO has a grey market premium of 14.44%. Anand Rathi and Choice Broking suggest subscribing to the IPO. The company manufactures auto components. The IPO reserves shares for QIBs, NIIs, and retail investors. Axis Capital and SBI Capital Markets are managing the IPO.

The U.S. dollar is weakening due to trade tensions, fiscal concerns, and hedging shifts, despite economic resilience. Moody’s downgrade and global asset rebalancing heighten market volatility and investor caution.