Latest Stock Market News

Suyash Choudhary, a prominent long-bond bull in India, has significantly reduced his holdings of the 7.3% 2053 government paper due to concerns about oversupply and shifting market sentiment. This decision comes after he heavily invested in these securities last year.

Wall Street experienced a downturn on Monday as investors analyzed the U.S. interest rate outlook and awaited Nvidia s earnings report. Friday s rally, fueled by hints of a potential rate cut from the Federal Reserve, gave way to cautious trading. Upcoming inflation and jobs data are crucial, influencing expectations for Fed action.

Indian equities are expected to continue underperforming emerging markets due to escalating trade tensions with the US, including a new 25% tariff on Indian imports, bringing the cumulative levies to 50%.

The U.S. dollar weakened after President Trump removed Fed Governor Lisa Cook, citing mortgage fraud allegations, raising concerns about the Fed s independence. This move intensified worries about political influence on monetary policy, impacting Treasury yields. Other currencies like the euro and yuan saw gains amidst political developments and stock market rallies.

Oil prices slightly decreased on Tuesday, following a nearly 2% surge in the previous session, as traders closely monitor the Russia-Ukraine conflict s potential impact on fuel supplies. Concerns over supply disruptions due to Ukrainian attacks on Russian energy infrastructure and anticipated U.S. sanctions on Russian oil are influencing market sentiment. Traders are also awaiting U.S. inventory data.

Vikran Engineering garnered ₹231.6 crore from anchor investors, including Bank of India MF and Societe Generale, ahead of its ₹772-crore IPO opening on August 26. The IPO, with a price band of ₹92-97 per share, comprises a fresh issue and an offer-for-sale. Proceeds will fund working capital.

HDFC Bank s shares are in focus as August 26 marks the record date for its first-ever 1:1 bonus share issue. Investors holding the stock on Monday qualify to receive one additional share for each share owned. This move signals management s confidence and rewards investors, following a Q1FY26 report of a 12% year-on-year standalone net profit growth to ₹18,155 crore.

LGT Business Connextions Ltd. is set to debut on the BSE SME platform on Tuesday, August 26, with expectations of a flat listing as its grey market premium remains at the issue price of Rs 107. The IPO, which closed on August 21 and was subscribed 1.25 times, aims to utilize the Rs 28.

Anlon Healthcare launches its Rs 121 crore IPO today. The IPO will remain open until August 29. The company will offer 1.33 crore fresh equity shares. The price band is Rs 86–91 per share. The IPO proceeds will fund expansion and debt repayment. Anand Rathi suggests subscribing for the long term. Listing is scheduled on NSE SME on September 3.

Vikran Engineering s Rs 772 crore IPO opens today, featuring a fresh issue and offer for sale, closing on August 29. With strong GMP, listing is expected on September 3. The company, backed by anchor investors and pre-IPO placements, will use IPO proceeds for working capital.