Latest Stock Market News

U.S. Treasury yields dipped ahead of July inflation data, as traders bet on a September Fed rate cut despite tariff-driven inflation concerns.

Neeraj Dewan shares insights on the fertilizer sector, anticipating positive movement due to good monsoons and consolidation. He notes a slowdown in Astral s performance and the housing space, awaiting a festive season sales boost. All eyes are on RCF s fundraising plans. The market anticipates updates on Jio IPO and Reliance Retail s growth strategy at the upcoming AGM.

Nilesh Shetty flags overvalued consumer staples and capital goods, while eyeing opportunities in logistics, select pharma, IT services, and quality private banks amid market volatility.

Regaal Resources Rs 306 crore IPO witnessed full subscription within hours, driven by strong investor demand reflected in a 21% grey market premium. The IPO, featuring a fresh issue and OFS, saw robust retail and non-institutional participation. Proceeds will be used to repay debt and for general corporate purposes, with brokerages recommending a Subscribe rating for the long term.

EaseMyTrip shares jumped to ₹9.68 on heavy volumes, rebounding from an intraday low of ₹8.78.

Indian government bonds traded narrowly as investors awaited domestic and U.S. inflation data for insights into the RBI s rate-easing cycle. The 10-year bond yield stood at 6.4325%. Traders are also closely monitoring U.S. Treasury yields and state bond auctions, anticipating that inflation figures will dictate market movements.

Ime Capital s Ashi Anand highlights the strong performance of new-age digital platforms like Paytm. These companies are exceeding profitability expectations. Quick-commerce losses are peaking faster than anticipated. Zomato s results have been positive. Anand also discusses Tata Motors, noting the strength of its domestic business. However, JLR faces challenges due to tariffs and competition.

Stock Market News: The resolution of Trump s tariffs at 50% has reduced market uncertainty, while hopes for US-Russia trade talks are fueling expectations of eased oil purchases for India. However, the assumption that a US-Russia agreement will automatically eliminate the extra 25% tariff is uncertain. SBI s strong loan and deposit growth, coupled with favorable valuation, makes it an attractive investment.

The Reserve Bank of Australia (RBA) has reduced its benchmark cash rate by 0.25% to 3.60%, a two-year low, attributing the decision to moderating inflation and a softening labor market. While the RBA anticipates core inflation to settle within its 2% to 3% target range, even with gradual policy easing, it signaled caution regarding further rate cuts.

JSW Steel shares inched higher on Tuesday, hitting an intraday high of Rs 1,059 apiece on the NSE after the Supreme Court reserved its verdict on the company’s Rs 19,700-crore resolution plan for debt-laden Bhushan Power and Steel Ltd (BPSL).