Latest Stock Market News

Jiraaf, a SEBI-registered online bond platform, is democratizing access to high-yield fixed-income investments for retail investors in India. Co-founders Saurav Ghosh and Vineet Agarwal are enabling investments as low as ₹10,000, offering transparency and education to bridge the gap between HNIs and everyday investors.

The rupee closed at 84.25 against the U.S. dollar, up 0.4% on the day. The currency had touched a peak of 84.1275 in early trading but trimmed gains in the latter half of the session.

Paytm is set to announce its Q4FY25 results with brokerages divided on outcomes. JM Financial and Yes Securities expect a PAT swing to profit, while Motilal Oswal sees narrowed losses. Revenue estimates range from Rs 1,975 to Rs 2,199 crore. UPI incentives, improving EBITDA margins, and operating leverage remain key drivers and monitorables across all forecasts.

Berkshire Hathaway s board has unanimously appointed Greg Abel as the new CEO, effective January 1, succeeding Warren Buffett, who will remain chairman. This transition, surprising to both Abel and the board, follows Buffett s six-decade leadership. The announcement led to a dip in Berkshire s Class B shares, raising investor concerns about the future performance of its diverse holdings under new leadership.

Gold prices rose Rs 550 to Rs 97,350 per 10 grams in the national capital on Monday amid rise in precious metal rates in the global markets. According to the All India Sarafa Association, the precious metal of 99.9 per cent purity had closed at Rs 96,800 per 10 grams on Friday.

Reserve Bank of India reports a significant increase in gold reserves. The share of gold in forex reserves has doubled since 2021. As of March-end, gold constitutes 11.70% of the total reserves. The central bank holds 879.59 metric tonnes of gold. Most of the gold is stored domestically. A portion is kept with the Bank of England and BIS.

FMCG firm Bajaj Consumer Care Ltd on Monday reported 13 per cent decline in consolidated net profit at Rs 30.98 crore for the fourth quarter ended March 2025.

Buoyed by positive global cues, the Indian market extended gains for the second straight session on Monday. Sector-wise, strong buying emerged in power, energy, utilities, and oil & gas, while banking stocks witnessed some profit booking.

Gold prices surged over ₹2,000 per 10 grams on the MCX ahead of the US Fed meeting, driven by rate cut expectations and a weaker dollar index. Bond yields below Fed rates further supported the rally. Analysts expect short-term volatility within ₹93,000–₹96,000, with some calling it a profit-booking opportunity.