Latest Stock Market News

Cathay Pacific Airways on Wednesday warned of declining airfares, challenges at its budget carrier and uncertain cargo market conditions, sending its shares down more than 10% after it posted a slight rise in first-half profit.

The stock debuted on the BSE at ₹179.10, registering a 19.4% gain over its IPO price of ₹150. On the NSE, it opened at ₹178, indicating an 18.7% premium.

Trent shares are under focus ahead of Q1FY26 results, down 36% from peak but showing early signs of recovery. Analysts expect a technical pullback, though earnings may be mixed. Strong topline growth is likely, driven by Zudio expansion, but profitability could be hit due to higher costs and lower margins.

"Investors bought stocks because the gains of the Nikkei in the previous session were not enough to recoup declines on Monday," said Naoki Fujiwara, a senior fund manager at Shinkin Asset Management.

DBS Bank s Radhika Rao notes the Reserve Bank of India s revised inflation projection, anticipating a rise in CPI towards 4%. Despite expectations of potential rate cuts, the central bank s guidance remains balanced, signaling a higher bar for easing. The RBI observes past trends where low inflation is followed by a sharp increase, aligning with their outlook.

Feroze Azeez from Anand Rathi Wealth analyzes Indian market trends. He notes Nifty earnings growth is strong, despite global uncertainties. Domestic institutions are heavily investing in banks. Foreign institutional investors show mixed behavior. Index funds are adding money, while discretionary funds are pulling out. Sectoral churn is fast-paced and earnings-specific.

JSW Cement s upcoming IPO is generating significant buzz, with grey market premiums indicating strong investor confidence. The IPO, opening August 7, features a price band of Rs 139-147 per share. Proceeds will fund expansion and debt repayment, while existing shareholders will divest holdings. Despite a recent profit dip, long-term growth prospects fuel enthusiasm.

Sri Lotus Developers is set to list on the BSE and NSE on August 6, with a strong GMP indicating a listing price around Rs 177. The IPO, oversubscribed 74.10 times, saw significant interest from QIBs, NIIs, and retail investors. Proceeds will fund ongoing projects, and the company reported robust FY25 revenue and profit growth.

Takyon Networks is set to launch on the Bombay Stock Exchange SME platform on August 6. The initial public offering saw a good response. However, the grey market premium is zero. Shares are expected to debut around Rs 54. The IPO was subscribed 21.77 times overall. The company plans to use the funds for working capital and loan repayment.

Adani Ports net profit increased to Rs 3,314.59 crore. This rise is due to strong revenue growth. Revenue from operations also saw a jump. Logistics and marine businesses showed extraordinary momentum. Cargo volume reached 121 million metric tonnes. Motilal Oswal and Avendus have retained a Buy rating for Adani Ports. They project continued growth in cargo volumes, revenue, and EBITDA.