Latest Stock Market News

Our TWRR returns since inception (23/11/2020) for the Laureate Investment Approach is 38% CAGR. Our 1-year return is 23.3% vs 9.7% for the BSE 500 TRI our benchmark.

Gold prices slightly increased on Monday after a more than 1% drop in the previous session, amid anticipation of U.S. President Trump s reciprocal tariff plans which may escalate global trade tensions. U.S. retail sales saw a significant drop in January, leading to expectations that the Federal Reserve will not cut interest rates until the second half of the year.

The yen saw an increase on Monday due to positive Japanese GDP data, suggesting more rate hikes from the Bank of Japan. The Australian and New Zealand dollars remained stable ahead of their respective central bank policy decisions. Meanwhile, the U.S. dollar struggled following weak economic data and optimism over delayed tariffs.

State-owned Bank of India has raised Rs 2,690 crore through 10-year infrastructure bonds at a 7.50% rate to fund long-term projects and affordable housing. Strong investor interest saw bids totaling Rs.8,845 crore. The bank s Q3FY25 net profit surged 35% year-on-year to Rs 2,517 crore.

Hexaware Technologies IPO received a decent response with a subscription rate of just over 2 times. The company will finalise share allotment today. Despite a marginal GMP of Rs 1, Hexaware has shown consistent growth in recent years, increasing revenue significantly from Rs 7,178 crore in CY21 to Rs 10,380 crore in CY23.

Goldman Sachs raised its target price for Chinese stocks, citing AI adoption as a key driver for earnings growth and potential $200 billion inflows, as tech stocks, fueled by DeepSeek s AI breakthrough, continue their strong rally.

Oil prices have been falling for four consecutive days. This is due to the possibility of a Russia-Ukraine peace deal easing sanctions. There are also concerns that global tariff wars could slow economic growth and reduce energy demand. U.S. President Trump and Russian President Putin might meet soon to discuss ending the Ukraine war.

Ajax Engineering s IPO saw a strong response, with a 6x overall subscription and 13x in institutional categories. Despite this, a flat debut is expected, with a GMP of Rs 0. The company is known for its significant innovations in concrete equipment, including the SLCM with load cell technology.

PS Raj Steels IPO allotment will be finalized today, with shares allocated on a lottery basis. Investors can check the status via NSE or Link Intime India. The IPO saw strong demand, being oversubscribed nine times. Listing is set for February 19, and the funds will support working capital needs and corporate purposes.