Latest Stock Market News

CAMS board approved a 1:5 stock split, its first since May 2021, aiming to increase share liquidity without affecting market capitalization amid past volatility.

Zerodha CEO Nithin Kamath revealed that the firm’s youngest account holder is a 64-day-old infant. Sharing a video of parents investing for their children, Kamath emphasized early financial literacy and long-term wealth building through minor accounts.

Shares of Vijay Kedia-backed TAC Infosec rose on news of a one-for-one bonus issue, backed by strong financial performance, including a 157% revenue rise and doubled profits. The company plans $100 million capex by 2030 to enhance AI-led cybersecurity, expand globally, and pursue a Nasdaq listing for its US arm.

Ace investor Mukul Agrawal boosted his Monolithisch India holding from 2.30% to 2.76%, following a near 200% post-IPO rally, while exiting Raghav Productivity Enhancers amid portfolio realignment.

Samir Arora highlights that foreign institutional investors rarely profit from Indian IPOs due to allocation limits, currency conversion losses, funding costs, and volatile rupee, despite massive oversubscriptions.

Tata Consultancy Services is making a significant shift towards artificial intelligence. The company plans to invest billions in data centers and AI capabilities. This move aims to position TCS as a global leader in AI-driven technology services. The company is also expanding its AI workforce and reskilling employees for future digital roles.

In a significant step towards enhancing ease of doing business and compliance, markets regulator Sebi on Friday rationalised the penalty framework for stock brokers.

The Indian rupee appreciated by 10 paise to close at 88.69 against the US dollar on Friday, driven by strong domestic markets and declining crude oil prices. Intervention by the central bank also provided support, though a strong US dollar limited sharper gains.

Indian benchmark indices Sensex and Nifty advanced Friday, lifted by gains in financial heavyweights on renewed foreign portfolio investor (FPI) inflows over the past three sessions. Optimism ahead of the quarterly earnings season added to the upbeat mood, though Tata Consultancy Services (TCS) capped broader gains after posting weaker-than-expected September-quarter results.

Tata Consultancy Services is aggressively integrating AI across its operations, aiming to become the world s largest AI-led tech services provider. The company is investing in platforms, training over 1.6 lakh employees, and expanding into data centres and sovereign cloud. Nearly every client project now features an AI component, driving efficiency and value.