Latest Stock Market News

Jefferies strategist Chris Wood slammed Donald Trump’s 50% tariffs on Indian goods — including a penalty for Russian oil buys — as “draconian,” warning of a $55–60 billion hit to India’s economy. Labour-intensive sectors like textiles, footwear, jewellery, and gems face the brunt. Wood said Trump’s move reflects “personal pique” over India blocking U.S. mediation in Pakistan tensions.

In an interview with ET Now, Bhattacharya cautioned that keeping the 50% tariff in place through FY26 could hurt growth both directly and indirectly. He noted that beyond exports, linked sectors such as MSMEs in textiles and leather, along with affordable housing, may come under significant pressure.

Yes Bank shares rose after reports that Japan’s SMBC may infuse an additional ₹16,000 crore, on top of its earlier ₹13,500 crore investment for a 20% stake, to strengthen the lender’s balance sheet.

The Indian Rupee weakened to 87.76 against the US dollar. This decline was influenced by continuous withdrawal of investments by foreign investors. Demand for dollars at the end of the month also contributed. US tariffs are expected to negatively impact Indian exports. Government is planning support for exporters. Sensex and Nifty showed positive movement.

Indian government bonds saw a slight decrease early Friday. Traders adjusted positions before the weekly debt sale. They also awaited economic growth data. The benchmark 10-year bond yield was at 6.5578%. New Delhi plans to sell bonds worth 320 billion rupees. Investors are closely monitoring gross domestic product data. Bond yields have risen this month.

Japanese government bond yields experienced a pullback after reports suggested the Ministry of Finance is considering further reducing the issuance of ultra-long-term bonds. This move follows concerns about weak demand and the Bank of Japan s quantitative tightening.

CG Power s subsidiary, CG Semi, launched an OSAT facility in Gujarat. The company plans to invest over Rs 7,600 crore in two advanced facilities. Nomura predicts a 26.5% upside for CG Power stock. Commercial production is expected to begin in 2026. The project aims to boost India s semiconductor manufacturing and technological self-reliance.

Vikran Engineering’s Rs 772 crore IPO garnered over 5.62 times subscription on Day 3, led by strong retail and NII demand. A grey market premium of Rs 12 signals a potential 12% listing gain, though analysts remain divided on subscription amid sectoral risks.

BSE shares, up 3,710% in five years, face investor caution as SEBI reviews changes in the derivatives segment that could hit trading volumes and revenues.