Latest Stock Market News

Analysts see signs of stabilization in Ola Electric shares, with technical indicators pointing to a possible pullback from the Rs 39 support zone. While short-term risks from a potential GST cut on small cars remain, experts highlight the company’s long-term EV strategy and expansion plans, suggesting attractive entry opportunities for medium-to-long-term investors despite lingering bearish signals.

Aditya Infotech reported a strong set of numbers for Q1FY26, posting a 46% year-on-year jump in profit after tax (PAT) at Rs 32.88 crore, compared with Rs 22.51 crore in the year-ago quarter. Revenue from operations rose 16.3% YoY to Rs 740.03 crore from Rs 636.02 crore.

Mukesh Ambani aims to double Reliance Industries by FY30, potentially re-rating the stock for 44 lakh shareholders. RIL shares have already surged this year. The upcoming AGM on August 29 is crucial for strategic announcements. Jio and Retail are expected to drive growth. New energy is a key pillar. Investment banks back this transformation. Investors await further details.

This week features a flurry of IPO activity, including five mainboard and two SME issues. Patel Retail, Vikram Solar, Gem Aromatics, and Shreeji Shipping Global IPOs have already opened, with varying subscription rates and grey market premiums. Mangal Electrical Industries IPO opens today, while ARC Insulation & Insulators IPO is set to launch on Thursday.

Intel s stock has surged recently due to potential government equity and SoftBank investment, reaching valuation levels not seen since the dot-com era. While optimism surrounds CEO Lip-Bu Tan s turnaround efforts, concerns linger about the company s long-term profitability and technological competitiveness. Analysts remain cautious, citing an overvalued stock and uncertain future prospects.

Canva has launched an employee stock sale at a $42 billion valuation, according to Bloomberg.

IRFC shares have significantly declined, falling 50% from their peak despite a double-digit increase in Q1 net profit. Technical analysis indicates a weak setup, with the stock struggling below the critical Rs 130 resistance level. Experts suggest reclaiming this level will be challenging, reflecting a broader downturn in railway stocks.

Emami Agrotech, a ₹20,000 crore arm of Emami Group, plans an IPO within two years. Partnering with McKinsey, it aims to expand into staples, ready-to-eat, and multiple food categories nationwide.

The Dow Jones Industrial Average saw a slight increase at the opening bell on Tuesday, buoyed by Home Depot s steady annual forecasts. However, the S&P 500 and Nasdaq Composite experienced minor declines. Overall market sentiment remained cautious as investors awaited the Federal Reserve conference later in the week, influencing trading activity.

Zerodha’s growth has been driven by customer referrals and word-of-mouth publicity instead of advertising, says CEO Nithin Kamath. Despite regulatory changes ending referral incentives, referrals remain steady, highlighting trust and loyalty.