Latest Stock Market News

Sebi has turned down settlement requests from Anil Ambani, his family, and Rana Kapoor. The case involves investments between Reliance Nippon and Yes Bank. Investigations revealed Ambani influenced investment decisions. Sebi might settle with Nippon Life India Asset Management and some officials. Legal action will proceed against Ambani and others. The Enforcement Directorate is also investigating the matter.

Indian banks significantly increased their equity investments in FY25, driven by strategic treasury diversification. An analysis of 16 major banks revealed a 49% surge, reaching ₹49,572 crore, with SBI s investments tripling. This rise coincided with growing retail participation in the market and the implementation of new accounting norms.

India s wealthiest investors witnessed a surge in their net worth during the June quarter, fueled by a stock market rebound. Portfolios of figures like the Jhunjhunwala family and Mukul Agrawal saw gains between 12% and 42%. Conversely, Madhusudan Kela and Vijay Kedia experienced portfolio value declines as they strategically reduced exposure to certain stocks.

Spandana Sphoorty Financial announced the allotment of 17.3 million partly paid-up equity shares at ₹230 each to existing investors who participated in the rights issue. This allotment increases the company s paid-up equity share capital to ₹80 crore. While the rights issue was oversubscribed, the company allotted slightly less than the targeted 17.4 million shares.

India s bond market indicates a likely pause in the RBI s rate-easing cycle, despite retail inflation hitting an eight-year low. A surge in yields has significantly widened the spread between 10-year bonds and the repo rate, signaling market expectations of sustained policy hold.

The RBI now permits individuals to invest in Treasury bills (T-bills) via SIPs on its retail direct platform. An analysis reveals that bank fixed deposits offer higher returns in the one-year segment, while T-bills perform better in shorter tenures.

These include ABSL Mutual Fund, Kotak Mahindra MF, Wasatch Emerging India Fund, ICICI Prudential MF, Edelweiss MF, HDFC Mutual Fund, and Public Sector Pension Investment Board.

Shriram Properties Limited announced impressive first-quarter results. Net profit rose 18% to ₹20.6 crore. Total revenue reached ₹261.5 crore, a 24% increase. Revenue from operations jumped 57%. This growth was driven by successful project handovers. The company is expanding its project pipeline. They are evaluating multiple projects. CMD Murali M attributed the success to strong execution.

Apollo Healthtech, a part of Apollo Hospitals, may get listed by early 2027. This move aims to unlock value for shareholders. Promoters will remain the same. Apollo Hospitals reported a strong Q1 with a 42% profit increase. Revenue also grew by 15%. The company plans to add over 4,300 beds in the next few years.

Global stocks reached record highs following a US inflation report that fueled speculation of a potential Federal Reserve rate cut in September. The data suggested the Fed could ease policy without triggering significant price increases, despite underlying inflation showing a slight acceleration. Market focus now shifts to upcoming US retail sales figures to gauge consumer sentiment amid labor market concerns.