Latest Stock Market News

Largest Indian pharma M&A in final lap; PE firm GTCR only other contender. A portfolio company of Advent International, Zentiva will significantly boost Aurobindo’s European footprint.

The Indian rupee surged to its highest level in August, surpassing 87 against the dollar, fueled by optimism surrounding indirect-tax reforms and a significant drop in crude oil prices. A sovereign ratings upgrade, the first since the global financial crisis, further bolstered the rupee, closing at 86.9550/$. Positive sentiment was driven by growth-oriented policies and renewed foreign fund buying.

Sebi may ease IPO rules for mega companies. This could help Reliance Jio s stock market debut. New rules could lower the required share float. Citi believes this reduces market supply concerns. Jio may only need a 2.5% float. Reliance s annual meeting is on August 29. Investors await Jio listing updates. The move aims to prevent market flooding and price drops.

In 2025, sector-specific and thematic investments outperformed benchmark indices like Sensex and Nifty, which saw gains of 4.5% and 5.6% respectively. Several NSE indices, including Defence, Capital Markets, Auto, Bank, Metal, and India Consumption, surged between 7% and 19%. While most indices showed a mix of performers, the Nifty IT index lagged, contrasting with the Nifty Bank index s strong performance.

Private credit investments in India surged 53% to $9 billion in the first half of 2025, driven by Porteast Investments record $3.1-billion deal. Adani Group, GMR Infra, and Manipal Group also raised significant funds. Private credit is gaining momentum as public sector banks and NBFCs reduce large exposures, filling funding gaps in infrastructure and real estate.

Indian Oil and Air India partnered for sustainable aviation fuel supply. Ramco Cements plans to expand production capacity by 2026. Nalco focuses on UK trade amid US tariff changes. Ultratech Cement aims to cross 200 MTPA capacity by fiscal end. Lloyds Metal successfully bid for the Tandsi coking coal mine. These developments keep the respective company stocks in focus.

Auto parts maker Viney Corp has enlisted Alvarez & Marsal to refinance its ₹800 crore high-cost debt, aiming to reduce costs by a third to under 15%. The company plans a mix of private equity, offering a 20% minority stake, and debt financing to strengthen its balance sheet and fund expansion.

Asian equities declined following Wall Street s tech selloff, triggered by Nvidia s slump and concerns over an overextended rally. Investors are reducing tech positions amid worries the rally has moved too fast, with attention shifting to Jerome Powell s upcoming speech at Jackson Hole.

On Tuesday, Nasdaq and S&P 500 faced a decline due to tech stocks. Investors are awaiting Federal Reserve chair Jerome Powell s comments on interest rates at the Jackson Hole conference. Nvidia experienced a significant drop. The Dow Jones Industrial Average remained nearly flat. Some investors are shifting from tech stocks to other sectors.