Latest Stock Market News

Ashok Boob and Krishnakumar Boob, promoters of Clean Science and Technology, are planning to sell a 24% stake in the company through a block deal on exchanges this Thursday. The deal, brokered by JP Morgan India, involves the sale of 2.55 crore shares and could fetch over ₹2,626.5 crore. The floor price is set at ₹1,030 per share, a 12.

The banking sector s net interest margin (NIM) has declined to a three-year low of 3.98% in the June quarter, impacted by the RBI s repo rate cuts. Lending rates adjusted faster than deposit costs, squeezing bank profits. Analysts anticipate NIM improvement in the second half of FY26, contingent on deposit rate adjustments and no further rate cuts by the RBI.

Mindspace Business Parks REIT, developer of Grade-A office assets, has raised an additional ₹550 crore through Sustainability-Linked Bonds (SLBs) from the International Finance Corporation (IFC), the private investment arm of the World Bank Group.

Subodh Runwal-promoted Runwal Enterprises, a Mumbai-based real estate developer, has received the Securities and Exchange Board of India (SEBI) approval to launch an initial public offering (IPO) worth Rs 1,000 crore.

Target Corporation shares tumbled 11% after COO Michael Fiddelke was named CEO, succeeding Brian Cornell. The leadership shift comes amid weak sales, customer churn, and operational challenges. Cornell will transition to executive chair effective February 2026.

Big investors, fearful of September s typical seasonal declines, exited profitable stock positions on Tuesday, according to investors and trading company research, a sign the selloff in tech may be driven by a broad aversion to risk.

Wall Street s indexes displayed a subdued opening on Wednesday as investors analyzed mixed earnings reports from retailers like Target and Lowe s. These reports are being scrutinized for insights into consumer spending patterns. The market s cautious stance comes ahead of the Federal Reserve s symposium later this week, adding to the anticipation.

Sensex rose 213 points to 81,857 as eight BSE 200 stocks hit 52-week highs. Gains across auto, healthcare, steel, cement, and FMCG signaled strong momentum and bullish investor sentiment.

The Promotion and Regulation of Online Gaming Bill, 2025, aims to foster India s game development sector while curbing addictive online money games. It distinguishes between e-sports and real money gaming, promoting the former through supportive policies and regulations. The bill targets game providers and advertisers of restricted games, not individual players, to protect citizens from financial distress.

Indian markets logged their third straight session of gains on Wednesday with Sensex and Nifty closing higher, driven by IT and FMCG stocks. Ola Electric surged 18%, Reliance firms gained, while Nazara Technologies and Aurobindo Pharma faced sharp declines.