Latest Stock Market News

ARC Insulation IPO aims to raise Rs 41.19 crore. It includes a fresh issue and an offer for sale. The IPO closes on Monday. Grey market premium suggests potential listing gains. The company specializes in glass fiber reinforced polymer products. Revenue and profit have shown strong growth.

Bemco Hydraulics, known for its impressive 1672% returns, is set to reward investors with a 1:1 bonus issue and a 10:1 stock split. August 22 is the record date, requiring investors to purchase shares today to qualify. This dual action significantly increases the number of shares held, enhancing liquidity and making the stock more accessible to retail investors.

Indian investors seeking dividends have a final chance to buy shares. Friday is the record date for eligibility. Godfrey Phillips India leads with a Rs 60 per share dividend. IRCTC, LIC Housing Finance, and Lodha Developers also announced payouts. Numerous other companies across sectors declared dividends. This includes ABM Knowledgeware, AGI Greenpac, and Jindal Stainless.

We have collated a list of recommendations from top brokerage firms from ETNow and other sources.

The 200-day daily moving average (DMA) is used by traders as a key indicator to determine a particular stock s overall trend. As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend.

India s market is poised for growth due to recent reforms. GST cuts are expected to boost consumption and confidence. Electronic manufacturing is a sector with strong potential. FMCG and automobiles are likely to perform well. Rural and urban demand is expected to increase. Pharma sector may see time correction. Overall, the economic outlook is positive for the coming months.

A significant uptick in futures open interest signifies a substantial growth in the number of active, unexpired futures contracts in a specific security. This uptrend reflects an increasing number of participants either initiating new positions or expanding the size of their existing positions within the futures market.

Despite GST relief plans and robust revenue, analysts anticipate a minimal fiscal deficit impact. Bond markets are currently influenced by other factors, with yields expected to remain range-bound. While domestic conditions favour rate cuts, external pressures may restrain the RBI, focusing instead on transmission of existing rate cuts and liquidity.

It is an uptrend signal if the RSI value has crossed above 50 from below. "RSI trending up" means that the Relative Strength Index (RSI) values are increasing, suggesting strengthening momentum in the price of the stock.