Latest Stock Market News

India s central bank, the RBI, is examining delays in international money transfers reaching bank accounts. This review aims to speed up payments for people. India receives the most remittances globally. The RBI is also working with other countries to link payment systems for easier money transfers.

Indian refiners are preparing to significantly reduce imports of Russian oil. This comes after the United States imposed sanctions on major Russian oil exporters, Rosneft and Lukoil. The strict enforcement of these sanctions could disrupt global oil markets. This disruption may lead to a substantial reduction in Russian oil supply. Indian refiners and banks are concerned about secondary sanctions.

Hindustan Unilever anticipates a stronger second half of FY26, driven by easing inflation and stable consumer demand expected to boost volumes. Despite a flat volume growth in the September quarter, the company s net profit rose 4%, aided by a one-off tax resolution.

Indian stock markets closed higher for the sixth consecutive day. Gains were fueled by positive reports on trade negotiations between India and the US. Information Technology stocks saw a significant rise. While Reliance Industries shares declined, the overall market sentiment remained optimistic. Investors are awaiting concrete outcomes from the trade deal discussions.

Indian exporters, particularly in IT and textiles, saw a significant surge on Thursday following reports of an impending India-US trade pact. This potential deal could drastically lower US tariffs on Indian goods, boosting export prospects.

Markets traded volatile on Thursday, ending nearly unchanged after early gains were erased by profit-taking in heavyweight stocks. Analysts suggest a short-term consolidation phase is likely, with Nifty holding above 25,600 considered healthy. Several companies, including Vedanta, Hero MotoCorp, and Colgate-Palmolive, are in focus due to investment plans, international expansion, and Q2 results.

Sebi has banned First Overseas Capital from the securities market and new IPO mandates for two years, imposing a ₹20 lakh fine. The regulator found the merchant banker violated norms by not maintaining adequate net worth, exceeding underwriting limits, and engaging in non-securities business. These actions followed an inspection revealing multiple regulatory breaches.

WazirX is set to resume operations after a 15-month hiatus following a $235 million cyberhack. The Singapore High Court approved a restructuring plan, promising users 85% of their balances by July 18, 2024, with the remainder over three years.

Banking profits from treasury operations significantly declined in the September quarter, nearly halving due to rising bond yields and the absence of central bank support. This trend is expected to persist, impacting income for the current quarter as well. Major banks like HDFC and ICICI Bank witnessed substantial drops in their treasury gains.

Goldman Sachs Asset Management has partnered with MSCI Inc. to launch a new exchange-traded fund, GTPE, designed to mimic private equity portfolio returns. The ETF will track an MSCI index of approximately 1,500 global equities, employing both long and short positions. This move signifies a growing trend of asset managers seeking to offer private equity-like exposure through accessible ETF structures.