Latest Stock Market News

Oil prices showed minimal movement on Wednesday, following a decline triggered by a U.S. crude stockpile increase, signaling the approaching end of peak summer demand. Brent crude saw a slight gain, while U.S. West Texas Intermediate futures dipped marginally. Increased production forecasts from OPEC and the EIA also weighed on prices, despite expectations of declining U.S. output in 2026.

Gold prices saw a slight increase due to a weaker dollar. This followed tame United States inflation data, increasing bets for a September interest rate cut. A trade truce between Washington and Beijing limited gold s gains. The United States and China extended their tariff truce for 90 days. Market focus is now on upcoming United States economic data releases.

Japan s Nikkei share average surged to an unprecedented high on Wednesday, surpassing 43,000 for the first time. The Nikkei index climbed as much as 1.2% in early trading, reaching a record 43,241.27. Simultaneously, the broader Topix index also achieved a new all-time peak, gaining up to 0.8% to reach 3,092.05, signaling robust market performance in Japan.

Investors have a final opportunity to buy shares of top Indian firms like Reliance Industries and Hindustan Petroleum today to qualify for dividends. REC and Bharat Electronics are also offering dividends. Several other companies including Action Construction Equipment and Astral are closing in on their record dates.

As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend.

Investors have one last chance to buy VRL Logistics shares to qualify for the 1:1 bonus share issue, with the record date set for August 14th. To be eligible, shares must be purchased today, accounting for the T+1 settlement cycle. This bonus issue marks the first time VRL Logistics is distributing free shares, doubling holdings for eligible shareholders.

We have collated a list of recommendations from top brokerage firms from ETNow and other sources.

Fractal Analytics, India s first AI unicorn, has filed for an IPO in Mumbai, potentially valuing the company at over $3.5 billion. The IPO aims to raise approximately $560 million, with existing investors selling a significant portion of their shares. Fractal intends to capitalize on the growing investor interest in AI and India s increasing adoption of consumer technologies.

This can indicate potential upward movement and may be used by traders to identify buying opportunities.