Latest Stock Market News

Wall Street experienced a downturn as investors await crucial inflation data to gauge interest rate prospects and monitor U.S.-China trade developments. Concerns over sticky inflation, influenced by tariff impacts, are rising. The Dow, S&P 500, and Nasdaq all closed lower.

Gold prices saw a slight recovery at $3,355.59 per ounce, following Monday s sharp decline triggered by President Trump s decision against tariffs on imported gold bars. Investors are keenly awaiting the U.S. consumer price index data, anticipating insights into the Federal Reserve s potential rate cuts.

The U.S. dollar remained stable as markets awaited a crucial consumer inflation report, influencing expectations for potential Federal Reserve interest rate cuts. The Australian dollar held steady before the Reserve Bank of Australia s policy decision. Traders are closely watching inflation data for clues about the Fed s next move, especially concerning a possible rate cut in September.

Japan s Nikkei surged to a historic high, mirroring global market peaks driven by tech stock gains. The Nikkei 225 surpassed its 2024 high, fueled by SoftBank s potential U.S. listing of PayPay and semiconductor advancements. While foreign investment has been strong, recent data indicates a possible slowdown. Despite earlier trade concerns triggered by U.S.

An uptrend signal occurs when the RSI value crosses above 50 from below.

Regaal Resources will launch its Rs 306 crore IPO, closing on August 14, with a price band of Rs 96-102 per share. The IPO comprises a fresh issue and an OFS by the promoter group. Proceeds will be used to repay borrowings. Brokerages recommend subscribing, citing the company s strategic location, efficient procurement, and diversified product portfolio.

All Time Plastics is set to announce the IPO allotment status. The IPO was subscribed over eight times. Investors can check their allotment status via Kfin Technologies or the BSE website. Refunds and demat account credits are scheduled. Trading will commence on the BSE and NSE. The IPO comprised a fresh issue and an offer for sale.

Highway Infrastructure is set to list on the stock exchanges today. Its IPO saw massive oversubscription across all categories. The IPO price was Rs 70 per share. Grey market trends suggest a strong listing, potentially near Rs 94. The company operates in tollway collection, EPC projects, and real estate. IPO funds will support working capital and general corporate needs.

Nilesh Shetty from Quantum Advisors suggests that tariff uncertainties present long-term investment opportunities, particularly in logistics and pharma. He favors private sector banks, asset management firms, and IT services, while cautioning against high valuations in consumer staples and capital goods. Current cash levels stand at 12%, ready to be deployed as attractive stock-specific opportunities arise.