Latest Stock Market News

Kotak Securities anticipates a stronger second half for Indian markets, driven by festive demand and favorable monsoons benefiting rural areas. While consumer tech leaders like Nykaa and Honasa show long-term promise, high valuations in consumer companies raise concerns. Cautious approach is advised due to global economic uncertainty, prioritizing capital preservation over aggressive returns.

Crude oil prices fell on MCX and global markets amid OPEC’s production hike, strong US output, and supply concerns. Analysts foresee short-term recovery potential, with key support near ₹5,580 and resistance at ₹5,700.

Samvardhana Motherson’s Q1 FY26 profit fell 39.7% YoY to ₹872 crore despite a 3% revenue rise. Lower margins stemmed from European challenges, start-up costs, and integration expenses, though US tariff impact remains minimal.

Stock Market Highlights: India’s benchmark indexes closed in the green on Wednesday, led by gains in auto and financial stocks, as softer U.S. retail inflation bolstered bets on a Federal Reserve rate cut in September and signs of easing domestic price pressures lifted investor sentiment.

The initial public offer of BlueStone Jewellery and Lifestyle Ltd, which offers contemporary jewellery under its flagship brand BlueStone , got subscribed 65 per cent on the second day of share sale on Tuesday.

Bharat Dynamics shares rose 3.2% to Rs 1,534 after Q1FY26 PAT surged 154% YoY to Rs 18.35 crore, driven by strong operational performance. Revenue climbed 23.07% to Rs 231.09 crore, while total income grew 23.29% to Rs 334.79 crore. Total expenses increased 19.72% to Rs 311.66 crore, reflecting higher costs but still delivering robust profit growth.

Honasa shares: Global brokerage Jefferies maintained a ‘Buy’ rating with a target price of ₹400, noting 7% YoY revenue growth in line with estimates. Gross margin contracted ~50 bps YoY, while A&P spending rose 3%. EBITDA margin slipped ~60 bps YoY to 7.7% (+2.6 ppt QoQ). EBITDA was flat YoY, but net profit saw slight growth, both exceeding expectations.

Jeffrey Schmid believes monetary policy is “appropriately calibrated” for current economic conditions and should remain modestly restrictive for now.

Deven Choksey indicates portfolio reshuffling is happening across investor levels. Mutual funds are exiting overvalued mid and small-cap stocks. They are securing profits and investing in underperforming companies. This shift contributes to market volatility. The IT sector shows a slight recovery. Investors are cautiously buying quality IT companies with existing order visibility.