Latest Stock Market News

India Cements reported a consolidated net profit of Rs 19 crore in Q4FY25, a significant turnaround from the Rs 50 crore loss in the same period last year, despite a 3% dip in revenue to Rs 1,197 crore. However, the company s profit after tax witnessed a substantial 84% decline on a QoQ basis.

Indian markets face pressure due to escalating geopolitical tensions, particularly between India and Pakistan, and the ongoing U.S.-China trade war. Analysts predict potential GDP growth slowdown to 6.3–6.5% for 2025, with expectations of two more RBI rate cuts to support the economy.

HDFC Securities has released a special report titled “25 Transformative Investment Ideas” to mark its 25th anniversary. The curated list includes high-conviction stock picks chosen based on sustainable earnings growth, valuation comfort, strong corporate governance, and healthy balance sheets. The portfolio reflects long-term opportunities aligned with India’s structural trends

The BSE IT index surged 6% this week, driven by Tata Elxsi’s 15% gain following a ₹70/share dividend announcement. Tech Mahindra and Coforge also saw notable gains, while 63 Moons Technologies was the biggest loser, dropping 7%.

IDFC First Bank on Saturday reported a 58% year-on-year fall in its March quarter standalone net profit at Rs 304 crore versus Rs 724 crore in the year ago period.

After a prolonged selling phase, Foreign Institutional Investors (FIIs) have turned net buyers, purchasing ₹32,466 crore in Indian equities over the past eight sessions. This shift is attributed to a softer US dollar, easing trade tensions, and improved investor sentiment.

After a strong rally, markets moved into consolidation last week, with the Nifty closing modestly higher while volatility surged. Key support zones around 23,900–24,050 will be crucial as external risks, including lowered IMF forecasts and geopolitical tensions, loom. Sector rotation continues, with PSU Banks and Commodities leading, while the IT and Auto sectors remain weak.

The RBI has significantly eased FEMA regulations by capping penalty amounts for violations at Rs 2 lakh, a substantial reduction from the previous system of penalties based on a percentage of the violation amount. This change impacts various contraventions, including LRS proceeds, export timelines, and gifting of high-value shares.

Prestige Hospitality Ventures plans to launch an IPO. The company aims to raise Rs 2,700 crore. It filed documents with SEBI. The IPO includes fresh equity and an offer for sale. Funds will support new assets and debt reduction. Prestige seeks to expand its hospitality portfolio. The company currently operates seven hotels.

Rate this item

(1 Vote)

The Spandana board on Wednesday appointed chief financial officer Ashish Kumar Damani as the interim chief executive of the company. Saxena will continue to assist the company for the next three months to ensure a smooth transition.

Warning! Information Posting in this website is only for educational purpose. We are not responsible for losses incurred in Trading based on this information.