Latest Stock Market News

The broad-based nature of the selloff in the market has hurt some of the largest individual investors in the country.

The company is looking to refinance debt at around 18%, down from the earlier 22-23% borrowing costs. The 540 MW power plant struggled to sustain its original debt, especially when valuations dropped to Rs 2 crore per MW, justifying only Rs 1,100 crore in debt. However, with valuations now improving to Rs 3-Rs 3.5 crore per MW, the viable debt level has risen to around Rs 1,600 crore.

360 ONE Asset is set to acquire a 15% stake in Bharti AXA Life Insurance, aiming to boost innovation and expand market reach. The investment will help Bharti AXA enhance its product offerings and address consumer needs, with the deal awaiting regulatory approvals.

Sebi barred DGS Capital Management from onboarding new clients after it failed to maintain the ₹5 crore net worth requirement. With ₹201 crore AUM, the firm has 15 days to comply or face registration cancellation or suspension.

Morgan Stanley sold over 7.58 lakh shares of Ajax Engineering at Rs 588.74 each via a block deal. Ajax s stock debuted at a discount but showed gains at market close. Analysts remain optimistic about the company s long-term prospects, given its market position in concrete equipment manufacturing.

Vedanta Ltd. s creditors are set to vote on a plan to split the company into at least five businesses in a move aimed at simplifying its structure and managing debt. The demerger will see the creation of distinct units for aluminum, oil & gas, power, steel, and semiconductors, potentially attracting new investors.

Bharti Airtel s promoter, Indian Continent Investment, plans to divest 4.82 crore shares (0.8% stake) at a floor price of ₹1,658.80 per share. Bharti Airtel stock closed 2.42% lower at ₹1,675.55 on Monday.

A 52-week low marks a stock s lowest price over the past year. It may suggest buying opportunities for strong stocks or reflect company challenges.

Markets regulator Sebi on Monday asked research analysts (RAs) and investment advisers (IAs) to disclose the most important terms and conditions of their services to clients.

Indian markets rebounded after an 8-session losing streak, with Sensex rising 57.65 points to 75,996.86 and Nifty gaining 30.25 points to 22,959.50. Analysts caution a bearish undertone, with key resistance at 23,150 and support at 22,800.