Latest Stock Market News

Connplex Cinemas debuted on the NSE SME platform at Rs 195, a 10.2% premium over its issue price of Rs 177, after a highly successful IPO that was oversubscribed 35.67 times. The company, which operates premium Smart Cinemas across India, plans to use the IPO proceeds for expansion and working capital, aiming to deliver strong performance following investor enthusiasm.

Despite strong Q1 earnings and positive brokerage ratings, Reliance Industries shares have declined, prompting market experts to suggest a corrective phase. Investors are eyeing the upcoming AGM for updates on business growth targets, the new energy sector, and potential Jio and retail IPO timelines. Focus will also be on retail growth, Jio Hotstar monetization, FMCG expansion, and petchem capacity progress.

Anand Rathi Shares Narendra Solanki highlights the significant long-term growth potential of India s defence sector, driven by substantial demand and decreasing import reliance. Domestic manufacturers are gaining traction with the armed forces, leading to increased procurement. Despite high valuations, the sector s growth prospects remain strong, suggesting buying opportunities during market downturns.

Muthoot Finance shares: Jefferies and Nuvama have increased their target prices for Muthoot Finance after its strong Q1FY26 results, maintaining a bullish outlook on the NBFC. They highlighted robust growth in gold loan assets, margin expansion, and better asset quality.

Sanjay Chawla of Baroda BNP Paribas Mutual Fund believes Indian markets are fairly valued. Earnings growth is crucial to justify current valuations. He downplays the impact of US tariffs on Indian exports. Retail investors show resilience amid foreign portfolio outflows. Consumption and healthcare sectors offer potential. Geopolitical and macroeconomic uncertainties persist. Festive demand may improve earnings in coming quarters.

RSB Retail India, previously known as RS Brothers Retail India, is preparing to launch an IPO to raise approximately ₹1,500 crore. The South India-based multi-brand retail chain will soon file its DRHP with Sebi. The IPO will consist of both a fresh share sale and an offer for sale from promoters and existing investors.

Bitcoin hit a record high of $123,500 on Wednesday, tracking gains in US equities. As of 10:21 AM IST, it was up 3.13% in 24 hours and 7.66% over the past week.

Nitya Shah shares insights on financial independence through long-term investing. He highlights sectors like electronics, defence, and pharma as key to India s self-reliance. Shah advises against leveraged trading and emphasizes SIPs for retail investors. He suggests investing in index funds or flexi-cap funds to celebrate Independence Day. Patience, trust, and self-reliance are crucial investment principles.

India s retail inflation saw a significant drop in July. It reached a low of 1.55%, the lowest in over eight years. This decline was mainly due to lower food prices. The Reserve Bank of India had earlier cautioned about possible inflation increases. Experts believe inflation will remain within the RBI s target range. This provides room for economic growth.

NMDC posted a PAT of Rs 1,969 crore for Q1 FY26, slightly lower than Rs 1,984 crore a year ago, as higher expenses offset strong production and sales. Revenue from operations jumped 23% YoY to Rs 6,634 crore, driven by a 31% rise in iron ore output to 119.94 lakh tonnes and a 14% increase in sales to 115.17 lakh tonnes.