Latest Stock Market News

Infosys, LTIMindtree, and other Indian IT stocks rose up to 3%, driven by expectations of two additional US Fed rate cuts in 2025. On Wednesday, the Federal Reserve cut its benchmark policy rate by 25 basis points to 4%-4.25%, starting a monetary easing cycle to support a slowing labour market amid elevated inflation.

Hyundai Motor India’s shares hit a record, rising 2.3% to Rs 2,711.10 on the NSE, after signing a three-year wage settlement with the United Union of Hyundai Employees (UUHE). The agreement, covering April 2024 to March 2027, includes what the company calls an “industry-best” salary hike of Rs 31,000 per month, phased in over three years in a 55:25:20 ratio.

Dreamfolks Services shares hit a 5% lower circuit for the second consecutive after the company exited the domestic airport lounges business. The move follows recent contract terminations and signals potential impact on operations and financial performance.

National Commodity and Derivatives Exchange s unlisted shares are experiencing a significant surge. This increase follows Securities and Exchange Board of India s approval for equity products. Investments from prominent figures like Radhakishan Damani and Groww are fueling the rally. NCDEX plans to launch equity and equity derivatives products. Experts predict further price increases after the launch.

Euro Pratik Sales IPO: The grey market premium on Euro Pratik Sales IPO has fallen further, easing to 0.4% above the ₹247 issue price, down from 2.5% on Day 2.

Ashi Anand highlights that market growth hinges on private sector capex as government spending plateaus. He also discusses Yes Bank s strategic shift towards retail lending after its crisis, noting the transition is ongoing and its success remains uncertain. Investors are cautiously watching these developments for future market impact.

The Fed cut rates by 0.25%, its first in nine months, citing inflation and weak jobs. The move impacts mortgages, savings, credit cards, and loans, with gradual consumer relief expected.

Railway stocks have seen gains recently. Some experts believe it s a short-term bounce due to previous underperformance. Others point to order wins as a positive sign. Concerns remain about execution delays and high valuations. Government spending direction is also a factor. Railtel, RVNL and Jupiter Wagons recently received orders. Investors should approach the sector with caution.

Market expert Vinay Jaising highlights NBFCs and capex-driven infrastructure stocks as key investment opportunities, advising selective exposure to metals and caution on private banks. He emphasises sectors poised to benefit from government spending, festive season demand, and structural growth in lending and capital markets.

Bitcoin rallied nearly 1% to $117,484 as the crypto market digested the US Fed’s 25-basis-point rate cut. Ethereum and XRP also gained, while BTC tested resistance at $117,800, signaling potential upside toward $120,000 amid cautious trading and sector-specific optimism.