Latest Stock Market News

Nifty 50 shows signs of a robust recovery post a 10% drawdown, supported by historical data that indicate positive returns after major market crashes. Experts advise investors to remain cautiously optimistic, as current market conditions may lead to another historic rebound.

The Nifty Auto index was trading 1.03 per cent up at 21539.8.

IndusInd Bank will be closely monitored after Crisil refrained from placing it on ratings watch due to derivative discrepancies under review. Moody s has noted potential short-term profit impacts and raised concerns on internal controls related to the Bank s current financial issues and leadership uncertainties.

The Indian IPO market is undergoing a significant shift as valuations cool off and investor sentiment evolves.

We have collated a list of recommendations from top brokerage firms from ETNow and other sources.

Dhananjay Sinha from Systematix Group states that RBI’s measures like OMO purchases and CRR cuts have eased market pressure, creating positive sentiment, especially in the financial sector. Valuation corrections and improved liquidity are buoying markets. Defence spending remains resilient due to geopolitical contexts, while infrastructure spending by the government is seen as limited.

A key indicator of strong business momentum is the ability of a company to surpass its previous fiscal year’s revenue and net profit performance within the first nine months of the current financial year.

Wipro share price: The offerings are designed to build an AI-powered ecosystem that improves citizen experiences across key sectors such as banking, financial services, emergency response, healthcare, and education.