Latest Stock Market News

Astral shares: Astral’s consolidated PAT fell 32.6% YoY to ₹81.1 crore, with revenue down 1.6% to ₹1,361 crore. EBITDA dropped 14% to ₹184.7 crore, and margins shrank 195 bps to 13.6%. The decline was driven by volatility in polymer prices, with average PVC prices down ~14% YoY and 4–5% sequentially.

Indian benchmark indices edged higher amid anticipation for domestic inflation data and a crucial US inflation report influencing interest rate expectations. Nifty IT, Auto, Metal, and other sectors saw gains, while Praj Industries experienced a significant drop after reporting a sharp decline in consolidated profit after tax. Investors are closely watching the US Federal Reserve s potential rate-cut trajectory.

Stodgy equity mutual funds, facing years of cash bleeding, are finding an unexpected boost from Bitcoin. A select few funds investing in Bitcoin ETFs have outperformed benchmarks significantly, with the digital token contributing to their returns. Despite controversies surrounding crypto, Bitcoin s impressive gains are becoming too compelling for some fund managers to ignore, potentially leading to wider adoption.

Data reveals a pattern of Indian retail investors selling stocks prematurely, missing out on significant gains. During the June quarter, retail investors reduced holdings in numerous stocks, which subsequently surged, costing them potential profits. This behavior, driven by fear, volatility, and a desire for quick returns, highlights poor timing and emotionally-driven investment decisions.

Australian casino operator Star Entertainment has salvaged a deal to sell a half-stake in its Brisbane resort to Hong Kong-based Far East Consortium and Chow Tai Fook Enterprises. The A$53 million deal provides crucial financial relief for Star, which faced potential collapse due to regulatory pressures and economic challenges. Star s shares surged 32% following the announcement.

SPJ True Realtyy plans a significant commercial venture. The company will invest Rs 500 crore in Gurugram. The project named Vedatam will feature shops and service apartments. Sector 14 is the location for this development. Pankaj Jain highlights the area s untapped retail potential. The SPJ Group, with interests in diverse sectors, backs this real estate endeavor.

PG Electroplast shares rebounded after a sharp decline triggered by lowered FY26 revenue growth guidance and promoter selling. Long-term investors are bottom fishing, while analysts suggest caution, citing high inventory and weak momentum. Nuvama reduced its FY27 growth estimate and target price, favoring Amber and Syrma SGS in the EMS sector.

Markets rebounded, gaining nearly a percent after a recent downturn. Medi Assist s promoter may sell up to 4% stake via block deals. SJVN reported a 36% YoY drop in net profit, while Ashoka Buildcon saw a 45% increase. Bata India s profit declined steeply by 70.1%, and Adani Defence will acquire Indamer Technics.

Oil prices experienced a rise following the United States and China s decision to extend a pause on higher tariffs, alleviating concerns about a potential trade war escalation that could negatively impact economic growth and reduce fuel demand. Investors are also anticipating a meeting between President Trump and President Putin to negotiate an end to the war in Ukraine. U.S.