Latest Stock Market News

Geopolitical events have limited long-term impact on fund flows, with investors often viewing dips as buying opportunities. While some money is slowly exiting the US amidst tariff negotiations, it s primarily moving into liquidity funds. India s fund inflows, previously recovering, have been impacted by new tariffs, particularly on pharmaceuticals, creating uncertainty in the market.

Biharilal Deora emphasizes that India s Portfolio Management Services (PMS) industry is poised for significant expansion, contingent on accelerating digital onboarding processes and enhancing access to standardized data. APMI s efforts in data collection and the launch of APMI Insights are pivotal for transparency. Deora anticipates substantial growth, driven by India s economic trajectory and increasing investor sophistication.

All Time Plastics’ Rs 401 crore IPO is modestly subscribed at 1.26 times, with retail investors showing strong interest on Day 3. The grey market premium stands around 3.3%, indicating a potential listing price slightly above the issue price of Rs 275.

JSW Cement s IPO saw a subscription of 1.22 times, with modest grey market premium indicating cautious optimism. The IPO comprises a fresh issue and an offer for sale, aiming to fund expansion and reduce debt. While revenue increased, net profit declined, but analysts recommend subscribing for long-term growth and sustainability.

HBL Engineering a 79% year-on-year profit rise to Rs 143 crore in Q1, driven by higher revenues and improved cost management. During its August 9 meeting, the board approved the reappointment of Dr. Aluru Jagadish Prasad as Chairman and Managing Director for a five-year term beginning October 1, 2025, pending shareholder approval.

Gold prices experienced a sharp decline, influenced by global market trends. Traders are securing profits before the anticipated meeting between Donald Trump and Vladimir Putin. A potential resolution to the Russia-Ukraine conflict could further impact gold s safe-haven appeal. Technical indicators suggest a bullish outlook, with recommendations to buy on dips. Rupee weakness may offer support to domestic gold prices.

Shreeji Shipping Global Ltd, specializing in dry bulk cargo solutions, has announced its IPO with a price band of Rs 240-252 per share, aiming to raise Rs 411 crore. The IPO opens from August 19-21, with anchor investor bidding on August 18. Proceeds will fund dry bulk carrier acquisitions and debt repayment.

Jefferies has cautioned that Tata Motors share price might fall to Rs 550, citing significant YoY declines in Q1 EBITDA and pre-ex PBT, falling below estimates. The brokerage anticipates an EPS decline in FY26, followed by modest growth. Challenges across businesses, including JLR pressures and weak CV demand in India, contribute to the negative outlook.

Bitcoin neared its all-time high, reaching $122,000 on Monday, just shy of the $123,091 peak from July 2025. Ethereum also surged, hitting levels unseen since 2021. Market optimism is fueled by potential Federal Reserve rate cuts and strong on-chain activity.

Gold futures at MCX have surged in August but experienced a slight dip, trading at Rs 1,01,052 per 10 grams. Silver also saw profit booking, settling at Rs 1,14,491 per kg. Prices initially fell due to news of a Trump-Putin meeting, impacting safe-haven demand.