Latest Stock Market News

DLF reported an 18% YoY increase in consolidated net profit, reaching Rs 763 crore for the June quarter, driven by a 99% surge in revenue to Rs 2,716 crore. New sales bookings significantly grew by 78% YoY to Rs 11,425 crore, fueled by the launch of the DLF Privana ecosystem.

Waterfield Advisors appointed Riddhiman Jain as MD & Head of Investment Strategy and Abhishek Damani as MD, Alternative Investments. With vast experience in global wealth management and private markets, both leaders aim to strengthen Waterfield’s advisory, alternative offerings, and client-centric innovation as the firm scales amid rising investor demand.

Morgan Stanley’s Ridham Desai forecasts a 10% upside in the BSE Sensex, targeting 89,000 by June 2026. The optimism stems from macro stability, equity-friendly household shifts, and lower inflation volatility, supported by multiple structural growth triggers in India.

Tesla is awarding CEO Elon Musk 96 million shares of restricted stock valued at approximately $29 billion, just six months after a judge ordered the company to revoke his massive pay package.

Robert Kiyosaki says he will double his Bitcoin holdings if the “August Curse” pushes prices below $90,000. Despite market jitters, he blames macroeconomic mismanagement—not Bitcoin—for volatility. While bearish sentiment grows due to seasonal and global risks, Kiyosaki views the dip as a buying opportunity for long-term investors.

Indian markets closed higher on Monday, buoyed by IT and metal stocks amid rising hopes of U.S. Fed rate cuts. Nifty may face near-term resistance, while volatility persists due to weak earnings and low implied volatility readings.

Adani Power shares: On Friday, the company announced that its consolidated net profit for the June quarter fell by 15.5% year-on-year to Rs 3,305 crore, down from Rs 3,913 crore in the same period last year. Its revenue from operations also declined by 5.9%, reaching Rs 14,167 crore.

Marico posted a 9% YoY rise in Q1 FY26 net profit at Rs 504 crore, driven by strong international growth and price-led gains in India. Revenue surged 23% to Rs 3,259 crore, despite margin pressure from high input costs.

Indian equities ended in the green on Monday, buoyed by gains in IT and metal stocks, as rising expectations of a U.S. interest rate cut helped offset concerns over possible American tariffs on Indian exports.

Federal Bank s share price initially declined due to a 14.6% YoY drop in net profit for the June quarter, despite growth in net interest income and record-high other income.