Latest Stock Market News

Knowledge Realty Trust s IPO, India s fourth REIT, closed with a strong 4.69 times subscription, signaling growing interest in Indian REITs. The Rs 4,800 crore issue attracted significant investment from both institutional and other investors.

Ashwini Agarwal of Demeter Advisors advises Indian investors to ignore short-term market noise, including potential tariff impacts and IPO market activity. Despite current headwinds like weak earnings, he anticipates lower interest rates boosting domestic demand. Agarwal suggests a long-term view, highlighting opportunities in sectors like non-banking financial services, particularly MFIs, where valuations are attractive.

After stellar gains in 2024, 23 small-cap stocks have corrected sharply in 2025, with 11 falling over 30%. Despite the slump, many are backed by institutional investors, signaling potential rebound opportunities. This trend attracts value-seekers hunting for beaten-down multibaggers with long-term upside.

Ashwini Agarwal of Demeter Advisors suggests focusing on individual stocks rather than broad sectors. Domestic healthcare and consumption names appear promising. Textile exports might offer buying opportunities if tariffs impact them negatively. India s manufacturing cost advantage remains strong long-term. Agarwal is currently tracking companies improving their earnings profile. Companies recovering from a downcycle are also worth watching.

European shares ticked higher on Thursday, with corporate earnings in full swing, while higher U.S. tariff rates on dozens of partners kicked in ahead of the Bank of England s monetary policy meeting.

Shares of Anil Ambani-led Reliance Infrastructure and Reliance Power experienced a decline amid an ongoing investigation into a suspected Rs 17,000 crore loan fraud. The Enforcement Directorate (ED) questioned Anil Ambani regarding alleged money laundering related to the loan defaults by Reliance Group companies.

SK Finance Ltd., supported by TPG Inc., is anticipated to launch its IPO as early as next week, having scaled down the offering size. The IPO aims to raise approximately 16 billion rupees, a reduction from the initially planned 22 billion rupees. Proceeds will be allocated for lending and general corporate needs.

Jindal Stainless shares fell despite a 10.6% YoY rise in Q1FY26 net profit to ₹715 crore. Revenue grew 8.2% to ₹10,207 crore, and EBITDA rose 8.1% YoY. On a QoQ basis, profit rose 21.1%, while revenue remained flat.

NSDL shares jumped 6.6% to ₹997.65 on Thursday, extending their post-listing rally to 13.4% from the opening price of ₹880. Listed a day earlier at a 10% premium over the ₹800 IPO price, the stock has shown strong early gains but still trails the grey market premium, prompting investors to reassess holding vs. booking profits.