Latest Stock Market News

Adani Enterprises plans to launch a public bond issue worth ₹800 crore on September 4. The issue, managed by the Trust Group, AK Capital, and Nuvama Wealth Management, has a base size of ₹400 crore and an option to keep another ₹400 crore under the green shoe option. The bonds are expected to be rated A+.

Stock indexes on Wall Street showed mixed results a day after the Dow Jones Industrial Average hit an all-time high. The S&P 500 rose 0.2% in afternoon trading, while the Dow dropped 19 points. Semiconductor company Nvidia gained ground, and Treasury yields held steady in the bond market.

The April-June quarterly results of Indian companies were disappointing, with BSE 500 firms showing just an 8% revenue growth and a 3% profit rise. Analysts will closely monitor future earnings. Professionals from sectors such as automobiles, consumer goods, and healthcare are cautiously optimistic, expecting better performance due to favorable conditions in the upcoming months.

The U.S. dollar remains near a year-low against other currencies, with markets expecting a U.S. interest rate cut next month. The debate is whether it will be 25 or 50 basis points. Bitcoin fell over 6%, trading below $60,000. Currency markets are stable, awaiting further economic data this week.

Gold prices remain largely unchanged, holding near a record high amid potential U.S. rate cuts and safe-haven demand due to the Middle East crisis. Spot gold is steady at $2,524.88 per ounce, while U.S. gold futures rose slightly. Investors are keenly awaiting upcoming inflation data for further market insights.

​You are actually seeing the demand offtake now as compared to what we were talking about, say five-six years back where everybody had a goal towards reducing the emissions across the world. Now, all these countries are coming and developing their grids. You are seeing renewable energy being picked up.

Rahul Rathi, Chairman & Fund Manager at Purnartha PMS, emphasizes their investment strategy focusing on volume growth, operating margin expansion, and valuation. The strategy shift accounts for changes in the interest rate environment. Key investments include GAIL, Bajaj Finance, and HDFC Bank. They aim for steady returns through a consistent, data-driven approach.

IG Petrochemicals and several other companies have set August 29 as the record date to determine eligible shareholders for dividend payments. Today is the last day to buy shares to qualify for these dividends. Investors who purchase shares on the ex-date do not qualify. Key stocks trading ex-dividend from Thursday are listed.

LG Electronics Inc. explored an IPO for its Indian unit, aiming to meet a $75 billion revenue target by 2030. CEO William Cho mentioned it as a strategic option, noting a surge in investor interest. The company focuses on enterprise sales growth, subscription services expansion, and investment in its streaming platform to boost revenue.