Latest Stock Market News

Indian markets ended lower on Tuesday as banking stocks, led by HDFC Bank and ICICI Bank, dragged indices. Sonata Software, Alkem Labs, and SJVN gained, while Astral and Praj Industries saw sharp declines post weak earnings.

Mrs. Bectors Food Specialities approved its first-ever 1:5 stock split to enhance liquidity and affordability for retail investors. Each Rs 10 share will be split into five Rs 2 shares, pending approvals. The record date will be announced later. Shares rose 1.2% to Rs 1,431.80 on the BSE.

Novelis Inc, the wholly-owned subsidiary of Hindalco Industries, has reported a 36% year-on-year fall in its net income for the June quarter at $96 million. Excluding special items, the bottomline was 43% lower compared to the previous year at $116 million.

Astratinvest, an alternative investment fund (AIF), on Tuesday launched Quant Long Short Fund and aims to raise Rs 400 crore in 12 months.

National Securities Depository Limited (NSDL) on Tuesday reported a consolidated net profit of Rs 90 crore in Q1 which was up 15% YoY compared to Rs 78 crore reported in the year ago period.

Suzlon Energy reported a 7% YoY rise in Q1FY26 net profit to Rs 324 crore, with revenue up 55% and record deliveries. Strong order growth, domestic demand, and export potential bolster its clean energy outlook.

Hindustan Aeronautics Ltd reported a 3.7% YoY decline in consolidated Q1FY26 net profit to Rs 1,383.77 crore, despite an 10.8% surge in revenue to Rs 4,819.01 crore. Quarterly profits fell sharply 65.2% sequentially.

Zerodha CEO Nithin Kamath praised SEBI’s UDiFF initiative, which unified data exchange formats across market entities, cutting technical complexity, improving efficiency, and significantly benefiting retail investors through faster processes and reduced operational risk.

Retail investors boosted stakes in 87 large-cap stocks in Q1 FY26, with 11 surging up to 183%, including 5 multibaggers.

Indian benchmark indices ended in the red in a volatile Tuesday session though managing to recover from the day s low. Banks turned out to be the main spoilers led by heavyweights HDFC Bank and ICICI Bank.