Latest Stock Market News

Amnish Aggarwal warns of market volatility due to geopolitical tensions, with a focus on sector rotation towards defensives like pharma, telecom, and cables. He prefers KEI over Polycab and remains optimistic.

HUDCO reported a 4% YoY rise in Q4FY25 net profit to Rs 728 crore, with revenue surging 38% to Rs 2,845 crore. Full-year PAT rose 28% to Rs 2,709 crore. Loan sanctions and disbursements jumped sharply, while interest income and yields improved. Despite strong numbers, shares fell 3.5% after results were announced during market hours.

Bitcoin briefly surpassed $97,000 amidst a broad cryptocurrency rally, fueled by anticipation surrounding the US Federal Reserve s interest rate decision and easing geopolitical tensions. Ethereum also saw gains, contributing to a global crypto market capitalization of $3 trillion.

PNB Q4 Results: Net Interest Income (NII) grew 4% year-on-year to Rs 10,757 crore, indicating steady lending growth, while non-interest income rose 11% to Rs 4,716 crore.

Following the successful Operation Sindoor, Indian defence stocks have surged, attracting significant investor attention. Experts advise caution against impulsive buying, emphasizing a strategic approach due to potentially inflated valuations after the recent rally. Mutual funds increased holdings in several defence stocks, indicating long-term confidence, while FIIs also raised their stakes in specific companies.

Rohit Srivastava of Strike Money Analytics & Indiacharts suggests small and midcaps are currently the weakest market segment, with their peak rally concluded. He anticipates a potential 6-12 month underperformance before a resurgence. Despite geopolitical tensions, he foresees limited downside for benchmark indices unless escalation occurs, potentially retesting previous lows.

The Indian rupee experienced its most significant single-day decline in a month, weakening by nearly 0.5% to 84.8250 against the U.S. dollar, fueled by escalating geopolitical tensions between India and Pakistan and broader weakness in Asian currencies.

Dabur Q4 Results: FMCG major Dabur on Wednesday reported an 8% decline in its consolidated net profit of Rs 320 crore in Q4FY25 versus Rs 350 crore reported in the year ago period.

Ashish Gupta sees India s strong macro fundamentals and composed market response as reassuring amid geopolitical tensions, with optimism on private banks, consumption, construction, and EMS sectors over the long term.

Following India s strikes on terror camps in Pakistan and PoK, Indian 10-year bond yields rose, closing at 6.438%. Despite geopolitical tensions, a bullish outlook for bonds persists due to anticipated rate cuts, though the conflict and monsoon conditions pose risks. Equity markets showed volatility, with Nifty gaining slightly, led by auto, bank, and consumer stocks.