Latest Stock Market News

Adani Infra acquired a significant stake in PSP Projects. The deal involved the purchase of 8.65 million shares. The transaction occurred through a block deal on the BSE. Each share was priced at ₹640. Promoter Prahaladbhai S Patel sold a portion of his holdings. The total value of Adani Infra s purchase was approximately ₹554 crore.

Morgan Stanley anticipates Indian equities will reach new peaks, projecting the Sensex to hit 89,000 by June 2026, a 10% increase from Monday s close. High growth, low volatility, and declining interest rates are driving higher Price to Earnings ratios. The brokerage highlights potential catalysts like a US trade deal and increased capital expenditure, noting weak foreign portfolio investor positioning.

Nuvama Alternative & Quantitative Research anticipates significant changes in MSCI s Standard index, with potential additions like Vishal Mega Mart, Swiggy, Hitachi Energy India, and Waaree Energies, attracting an estimated $1.03 billion in inflows. Conversely, Sonacoms and Thermax face possible exclusion, leading to outflows. The MSCI Smallcap Index is also expected to see multiple additions and exclusions.

SEBI proposed revisions to related party transaction (RPT) rules, easing compliance for listed firms. The regulator suggested turnover-based thresholds to determine material RPTs requiring shareholder approval, replacing the current ₹1,000 crore or 10% of turnover limit. This aims to address the one-size-fits-all approach, especially for high-turnover companies.

Asian stocks experienced gains following a wave of dip buying and optimism surrounding potential interest-rate cuts, mirroring the S&P 500 s significant rally. Investors are balancing robust corporate earnings with expectations of Federal Reserve easing, while monitoring tariff and trade developments. Despite warnings of a potential pullback, positive earnings reports and hopes for rate cuts are driving market sentiment.

The markets began the week with gains. Airtel, Adani Ports, and Britannia are announcing their Q1 results. Siemens Energy India s net profit increased significantly. Antfin is likely to sell its stake in One 97 Communications. DLF reported a rise in consolidated net profit. Inox India also saw an increase in net profit. However, Aurobindo Pharma s net profit decreased.

Knowledge Realty Trust REIT s IPO will open on August 5, 2025. The company has already secured Rs 1,620 crore from anchor investors. A strategic allocation of Rs 1,200 crore is also completed. LIC and Tata Group are among the key participants. The IPO includes a fresh issuance of units. Proceeds will be used for debt repayment and corporate purposes.

Tata Capital, the Tata Group s NBFC, has filed for an IPO to raise funds and meet RBI s listing requirements for upper-layer NBFCs by September 2025. The IPO includes a fresh issue of 210 million shares and an offer for sale of 265.8 million shares by existing shareholders like Tata Sons and IFC.

Wall Street rebounded strongly on Monday, fueled by expectations of deeper Federal Reserve rate cuts following a weak jobs report. The Dow, S&P 500, and Nasdaq all experienced significant gains, potentially marking the largest single-day jump in over two months.