Latest Stock Market News

The Indian Rupee weakened slightly against the US Dollar, closing at 87.63. The Reserve Bank of India intervened to stabilize the currency. Trade uncertainties and a strong US Dollar continued to pressure the Rupee. Domestic equity markets declined, and foreign investors sold shares. US President Donald Trump ruled out trade negotiations with India until tariff issues are resolved.

Indian government bonds experienced a dip in early trading on Friday. Investors are cautious before the weekly debt sale. This sale will test demand after a disappointing central bank policy decision. The Reserve Bank of India s decision to hold rates impacted investor appetite. Market participants await next quarter s GDP data for policy easing cues.

Domestic Institutional Investors are expected to continue supporting the market. Positive results from companies like Titan are encouraging for the Indian economy. The earnings season has been decent, with some sectors performing well. Government fiscal measures and RBI actions are beginning to take effect. A pickup in production is expected with the festive season approaching.

Tata Sons has initiated early talks with minority shareholder Shapoorji Pallonji (SP) Group to explore potential exit and monetisation options for SP’s 18.37% stake, currently pledged with lenders. This follows a resolution by Tata Trusts to retain Tata Sons’ private status and seek a settlement. Chairman N Chandrasekaran recently met Shapoor Mistry, marking their first formal engagement since 2016.

India s general insurance sector experienced slow growth in July. Premium growth was only 2.8 percent. Motor insurance sales were weak. Big companies like Bajaj Allianz and ICICI Lombard saw declines. New India Assurance, however, grew by 16 percent. Health insurers performed better, growing over 10 percent. The industry s total premium was ₹29,729 crore.

Asian stocks are on track for their best week since June, fueled by technology shares and optimism surrounding corporate earnings. The MSCI Asia Pacific Index saw gains, with Japanese equities leading the charge. The dollar weakened, while investors anticipate a potential interest-rate cut by the Federal Reserve, contributing to the positive market sentiment.

Indian equities experienced volatile trading before closing flat on expiry day. Several companies are in focus due to Q1 results: LIC reported a 5% profit increase, while BSE saw a 103% surge. Titan s profit grew by 34%, and Kalyan Jewellers by 49%. HPCL s profit jumped significantly by 1,128%.

The Dow and S&P 500 faced a slight dip. However, Nasdaq managed a record high close. Eli Lilly shares fell due to disappointing drug data. Trump plans to nominate Stephen Miran to the Federal Reserve. Christopher Waller is a top candidate for Fed chair. New tariffs from Trump raised import duties. Jobless claims saw a slight increase.

Oil prices experienced slight fluctuations in early Asian trading on Friday, poised for their most significant weekly losses since late June. Investor apprehension grew over the potential global economic repercussions of newly implemented tariffs. The market also reacted to OPEC+ s decision to ease output cuts and anticipation of a meeting between Presidents Putin and Trump, adding further pressure.

Gold futures surged to a new high following the U.S. imposition of tariffs on imported one-kilo gold bars, fueling safe-haven demand amid trade tensions. Spot gold is set for a second consecutive weekly gain, bolstered by tariff turmoil and expectations of U.S. interest rate cuts.