Latest Stock Market News

Singapore Telecommunications: Bharti Telecom’s net loss widened in Q3 FY25 due to higher finance costs from additional borrowings to acquire more Airtel shares. Singapore-based Singtel, which owns 49.44% of Bharti Telecom, reported a negative pre-tax contribution from the company. Singtel’s overall net profit rose 22%, driven by stronger contributions from Bharti Airtel and Airtel Africa.

European shares were largely flat on Wednesday as gains in miner Antofagasta after a rating upgrade were countered by losses in real estate stocks.

On September 27, 2024, the Nifty Smallcap 250 index entered a bear market, declining over 20%. Sterling and Wilson Renewable Energy suffered the most severe drop, with a 59.31% decline. Other significant losses were recorded by Whirlpool Of India, Honasa Consumer, Kirloskar Oil Engines, and Chennai Petroleum Corporation.

Pradeep Gupta from Anand Rathi Group shares insights for 2025: recognize the market s resilience post-2014, focus on fundamentally strong businesses, target sectors like infrastructure and manufacturing driven by policy changes, maintain diversified portfolios for risk management, and consider large-cap investments with attractive valuations.

The company s shares will be listed on the NSE and BSE, with the listing tentatively set for February 21.

Deven Choksey of DRChoksey FinServ Pvt. Ltd recommends a structured approach to evaluating small and midcap stocks, focusing on valuations, business fundamentals, market sentiment, and liquidity. He warns against stocks with high PE multiples and suggests targeting companies with strong revenue growth and a competitive edge. Monitoring market trends for signs of recovery is essential.

Japanese shares closed lower on Wednesday, impacted by a drop in automakers following U.S. President Trump s auto tariff threat. The Nikkei fell 0.27%, with major automakers like Toyota, Honda, and Nissan all declining. The Bank of Japan s inclination towards raising interest rates further added to market tension.

​A lot of tools that we look at have been reaching the extremes, whether it is the number of stocks that have fallen below the 200 DMA in the Nifty 500 basket that almost went down to almost 13% to 12%, compared to around 15% when the Nifty was at 15,200 in 2022.

​So, it is predominantly retail that has been selling and that is where the maximum interest was and that is the reason we have seen a sharp correction in the mid and smallcaps. Going ahead, the whole market is waiting now for these numbers to pick up.