Latest Stock Market News

Gold prices hit a record high on Wednesday. This surge happened because of a weaker dollar and trade war worries. Concerns about global economic growth also played a role. Investors are now waiting for U.S. retail sales data. This data will provide insights into the economy. ANZ has raised its gold price forecast for the year end.

Nvidia faces a $5.5 billion charge due to U.S. government restrictions on exporting its H20 AI chip to China, a key component for Chinese AI development. These restrictions, driven by concerns over supercomputer development, impact Nvidia s efforts to engage with China s booming AI industry.

Angel One, Waaree Renewable Technologies, and Wipro are set to announce their Q4 results, among ten companies reporting today. Wipro anticipates a revenue decline in constant currency due to softening demand, with a projected marginal YoY revenue increase. Profit is expected to rise, while margins remain stable, with investor focus on client spending and BFSI performance.

Amidst volatile equity markets and rising gold prices, Ambit Capital suggests institutional investors favor bonds over equities. Nitin Bhasin, Head of Institutional Equities, cites elevated market valuations and muted FY26 earnings growth projections as reasons. He anticipates further bond yield declines due to expected rate cuts, potentially two more in the near term.

In the January–March quarter, nearly 30 stocks—largely among the mid-cap and large-cap segments—witnessed an increase in FPI holdings for the fourth straight quarter.

Amid market uncertainty, fixed-income instruments are gaining traction. Nikhil Aggarwal of Grip Invest highlights A-rated corporate bonds and securitised debt instruments (SDIs) as options offering potentially higher yields. A-rated bonds can yield around 11.5%, while SDIs might offer over 12%, attracting retail investors seeking enhanced returns within fixed income.

Market expert Sunil Subramaniam advises a staggered investment approach over six months due to prevailing uncertainty, highlighting potential volatility and positive moves post-BTA signing. He emphasizes diversifying across sectors, anticipating benefits from positive domestic factors like tax giveaways, supportive RBI policies, and favorable monsoon forecasts. Subramaniam suggests focusing on consumer discretionary over FMCG for volume growth.

ICICI Prudential Life Insurance witnessed a significant surge in net profit for Q4 FY25, soaring by 122% YoY to ₹386 crore, driven by reduced expenses. Net premium income also increased by 10.6% to ₹16,369 crore. The company reported a 40% rise in net profit for the full fiscal year and declared a dividend of ₹0.

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