Latest Stock Market News

China stocks:Foreign investors pumped $1.2 billion into Chinese equities this week, the largest inflow since October 2024. The surge was driven by rallies in EV giant BYD and Chinese AI firms, boosting confidence in China’s market rebound and attracting global fund managers.

Indian equity indices rose for the fifth session, with Sensex up 557 points and Nifty50 closing above 23,350. HCC, Ola Electric, and Manappuram gained, while Tbo Tek and Jindal Stainless declined.

Jim O Neill predicts US equity markets will underperform for the rest of the decade. The rest of the world, especially Europe and China, is expected to outperform. He warns that the dollar will weaken, with possible implications for the US economy. Rising bond yields and debt ratios in Europe and Japan may also affect global financial markets.

Sebi:Sebi proposes removing the requirement for stock brokers to obtain a no-objection certificate (NOC) to operate in GIFT-IFSC under a Separate Business Unit (SBU). Regulatory oversight, risk management, and investor grievance redressal will fall under the respective authority’s jurisdiction.

Gold prices decreased Rs 400 to Rs 91,250 per 10 grams in the national capital on Friday due to profit-booking and a subdued trend in the global markets, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity had settled at Rs 91,650 per 10 grams on Thursday.

The Indian rupee recorded its best day against the dollar in over a month due to dollar inflows and unwinding of long-dollar positions. Additionally, a revival in domestic equities and rebalancing of FTSE s All-World Index also contributed to the rupee s gain and it logged the best week in over two years.

US-based private investment firm Bain Capital has launched Rs 5,764 crore open offer to acquire an additional 26 per cent stake in gold loan financier Manappuram Finance.

The depth of work has to be significantly higher than the public equities and due diligence is a very strenuous process. Each deal takes anywhere between three to six months to close. It is a lot of time, lot of effort, and it is not as easy.

Indian equity indices rebounded on Friday, driven by large-cap valuations and easing foreign selling. Nifty 500 stocks hitting 52-week highs: Manappuram Finance, Bajaj Finance, Welspun Corp; lows: Chambal Fertilisers, SRF.

Gold discounts in India hit an eight-month high due to falling demand after prices surged. Dealers are offering up to $41 an ounce discount as domestic prices reached record highs. Gold imports in India could tumble 85% in February. Other markets like China, Singapore, and Hong Kong also see varied pricing momentum, reflecting shifting local demands and global influences.