Latest Stock Market News

Shreeji Shipping Global launches its Rs 411 crore IPO. The subscription begins on Tuesday and closes on Thursday. The company plans to use the funds for expansion and debt repayment. The IPO price is Rs 240-252 per share. Analysts suggest subscribing, citing strong market position. However, they also highlight risks like trade fluctuations.

BlueStone Jewellery & Lifestyle will list on the BSE and NSE. The IPO was subscribed 2.72 times. Qualified Institutional Buyers showed strong interest. The company raised money from anchor investors before the IPO. BlueStone reported revenue growth but also a net loss. Market watchers anticipate a muted listing. The stock s performance will depend on achieving profitability.

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

Ajay Tyagi of UTI AMC suggests that while overall market valuations have softened, mid and small caps remain expensive, potentially needing further correction. He anticipates challenges in alpha generation due to external factors but sees opportunities as market froth dissipates.

Market-neutral strategies show resilience amidst global economic challenges. Puneet Sharma of Whitespace Alpha discusses the impact of US tariffs and FII flows. He notes opportunities arise from market volatility. Sharma highlights mixed Q1 results across sectors like banking, auto, and IT. He advises caution, not panic, regarding FII selling.

Vodafone Idea s outgoing CEO, Akshaya Moondra, said the telco is exploring non-banking funding options to maintain its capex plans. Banks are awaiting clarity on the AGR issue before extending fresh loans, keeping funding challenges at the forefront.

When the closing price rises above the VWAP, it signifies that the closing price is higher than the average price at which it was traded throughout the day, with the average being weighted by trading volume.

Tata Motors shares: Tata Motors will re-enter the South African passenger vehicle market after six years, relaunching its car range through an exclusive distribution partnership with Motus Holdings, marking a key step in its global expansion strategy.