Latest Stock Market News

India is not yet participating in the global AI rally. Consumption is expected to remain a key growth driver. Financials are poised for an earnings revival, with private banks and select PSU banks offering attractive opportunities. Midcap IT companies may benefit from AI transitions. The market anticipates a supportive backdrop for growth.

Nifty Bank hit an all-time high of 57,651.30 on Friday, rallying around 10,000 points from its March 2025 lows and surpassing its previous peak of 57,628.40. Led by HDFC Bank, ICICI Bank, and Axis Bank, the 12-stock index gained 229 points in the morning session. So far in 2025, Nifty Bank has outperformed the broader Nifty, rising over 13%.

Japan experienced a noteworthy decline in its 10-year government bond yields, reaching levels not seen in a month. This movement aligns with a broader decrease in U.S. Treasury yields, spurred by trepidations in trade and credit markets. A successful bond auction helped bolster market confidence, leading to lower yields across various maturities.

Sunteck Realty has announced strong financial results. The company s net profit surged by 41 percent in the second quarter of this fiscal year. This impressive growth was driven by higher income. Total income also saw a significant rise compared to the same period last year. Sunteck Realty is a prominent real estate developer in India.

Nifty today: The Nifty 50 reached a new 52-week high above 25,700, driven by returning foreign inflows, easing U.S. bond yields, and a stronger rupee. Festive optimism and fading IPO pressure also contributed to the rally, with short covering further amplifying upside momentum.

In an exciting development, Nitesh Kumar takes the helm as Co-Chairman of the Merchant s Chamber of Commerce & Industry s infrastructure and real estate council for the upcoming 2025-26 term. This role is a testament to his invaluable contributions to the real estate sector.

ICICI Bank is expected to post up to 8.5% YoY profit growth in Q2, supported by steady loan and deposit momentum. However, margin compression and lower treasury gains may weigh on sequential performance, according to estimates from Nomura, Emkay, Axis Securities, and YES Securities.

Gold surged past the $4,300 mark on COMEX, marking its strongest week in five years and over 50% YTD gains. Analysts attribute the record rally to central bank buying, a weaker dollar, and rate-cut hopes, with prices seen sustaining near $4,500 globally and Rs 1.35 lakh domestically.

Minneapolis Fed President Neel Kashkari sees low risk of inflation spike or labour market shock, supports gradual rate cuts, highlights persistent inflation, cautious economic optimism, and data challenges from the federal shutdown.