Latest Stock Market News

Crude oil extended its 3-month rally but faces headwinds from OPEC’s September output hike and weak US jobs data. Analysts suggest a ‘sell on rise’ strategy amid bearish technical indicators, tariff threats, and geopolitical risks clouding the global oil market outlook.

Shares of Godfrey Phillips India rallied 16.4% over the last two sessions after the company posted strong Q1 earnings and announced a bonus issue. In Wednesday’s trade, the stock jumped nearly 6% to hit a 52-week high of Rs 10,464.1 on the BSE.

Bitcoin remained steady above the $114,000 mark in Wednesday’s trade, reflecting cautious sentiment in the broader crypto market amid ETF outflows, technical resistance, and macroeconomic uncertainty.

Shares of Transrail Lighting surged over 13% after the company reported a 105% YoY jump in Q1 net profit and strong order inflows. Revenue rose 81%, driven by robust execution in its core T&D segment. With a growing order book and bullish management commentary, the stock is now trading 76% above its IPO price after months of underperformance.

Shanghai s stock market reached a 3.5-year high amid optimism for a US-China trade deal, fueled by Trump s positive comments. Gains were led by defense and coal sectors. Investors await clarity on trade negotiations and upcoming economic data, including trade figures and inflation, for further market direction. Hong Kong s Hang Seng Index saw minimal gains.

Nazara Technologies shares rose after the company announced a board meeting on August 12 to consider a stock split and bonus share issue. The board will approve the company s financial results for the June 25 quarter during the meeting.

In an industry-first initiative, Mahindra & Mahindra is launching a one-time Employee Stock Ownership Plan (ESOP) for about 23,000 employees, including factory floor workers, as a reward for their contribution to the company s growth journey, Group CEO & MD Anish Shah said.

In Q1 FY26, 15 healthcare firms with over ₹3,000 crore market cap posted over 10% YoY growth in both sales and profit. Ten of these stocks have delivered double-digit returns, highlighting investor optimism despite mixed stock performances within the group.

DLF and GIC joint venture firm DCCDL s net profit rose 26 per cent to Rs 593 crore during the June quarter on the back of higher income from rent-yielding commercial properties.