Latest Stock Market News

Snapping a five-day rally, gold prices retreated from record high levels and ended Rs 900 lower at Rs 1,02,520 per 10 grams in the national capital on Monday as stockists turned to selling amid easing geopolitical tensions.

Footwear maker Bata India Ltd on Monday reported a 70 per cent decline in consolidated net profit to Rs 52 crore in the first quarter ended June 30, 2025, impacted by higher expenses amid sluggish consumption momentum and a high base effect.

Kotak Mahindra MF, Fidelity, Morgan Stanley, and Citigroup Global Markets Mauritius are among those entities that collectively bought a 10.64 per cent stake in Home First Finance Company India for Rs 1,307 crore through open market transactions on Monday.

Icodex Publishing Solutions is launching its IPO on Monday, aiming to raise ₹42.03 crore through a fresh issue and offer for sale. The IPO, priced between ₹98 and ₹102 per share, will close on August 13, with listing expected on August 19. Proceeds will fund new office premises, hardware, and working capital.

Indian markets closed higher on Monday, led by banking, auto, and IT stocks. Adani Enterprises, Tata Motors, DOMS Industries, and HBL Engineering posted strong gains, while PG Electroplast and NSDL faced declines amid mixed earnings and profit booking.

Sensex surged 746 points to 80,604 on Monday, with 10 BSE smallcap stocks hitting 52-week highs. Gains ranged from 16% to 40% in the past month, signaling strong market momentum.

The initial public offer of BlueStone Jewellery and Lifestyle Ltd, which offers contemporary jewellery under its flagship brand BlueStone , got subscribed 39 per cent on the first day of subscription on Monday.

Supermarket chain Patel Retail Ltd on Monday fixed a price band of Rs 237 to Rs 255 per share for its upcoming Rs 243-crore initial public offering (IPO).

Citigroup raised its year-end S&P 500 index target to 6,600 from 6,300, betting on corporate earnings strength fueled by benefits from President Donald Trump s tax and spending bill, it said in a note on Friday.