Latest Stock Market News

IEX share price plunged nearly 30% on Thursday after CERC approved market coupling, triggering fears over its revenue model and market dominance. Despite strong Q1 earnings, technical analysts see no recovery yet, citing a breakdown below key support levels and extremely oversold momentum indicators.

Helios Mutual Fund s CEO, Dinshaw Irani, expresses a negative outlook on the auto sector, particularly PVs, citing EV competition and potential tariff implications from trade agreements. While favoring new-generation EV two-wheeler players, he remains cautious about stretched valuations in consumer staples and QSRs. Irani maintains a positive view on BFSI, hospitals, and tourism sectors, supported by strong performance metrics.

Healthcare Triangle Incorporated shares saw massive trading. The stock price more than doubled. This mirrors the meme stock trend. Other companies like Kohl s, GoPro, and Krispy Kreme also experienced significant stock movement. Opendoor Technologies also had high trading volumes. These rallies are volatile. It is unclear if these companies can raise capital like AMC and GameStop did in 2021.

Mphasis shares: The profit after tax (PAT) amounted to ₹442 crore, slightly lower than the ₹446 crore recorded in Q4FY25.Revenue from operations in Q1FY26 saw a modest increase of 0.6%, reaching ₹3,732 crore, compared to ₹3,710 crore in the preceding quarter.

SAMCO Mutual Fund s CEO, Viraj Gandhi, suggests multi-asset funds for navigating volatile markets, emphasizing diversification across equities, debt, and gold. While Nifty valuations are slightly premium, strong earnings growth is awaited. Financial services, pharmaceuticals, and healthcare sectors show promise, but geopolitical risks remain a concern for investors.

American stock markets saw mixed results. S&P 500 and Nasdaq closed at record highs. Alphabet s strong performance boosted AI stocks. Tesla shares fell after disappointing results. UnitedHealth faced a Justice Department probe. IBM and Honeywell also saw declines. Trade optimism and economic data influenced market movements. Investors are watching for potential Federal Reserve actions.

Gold prices saw a slight increase in early Asian trading. This rise is supported by a weaker dollar. Trade deal progress between the US and its partners limited gains. The EU and US are moving towards a possible trade agreement. US jobless claims unexpectedly fell last week. The European Central Bank held interest rates steady.

Oil prices experienced a rise on Friday, fueled by optimism surrounding a potential trade agreement between the U.S. and the European Union. Reports indicating Russia s plans to limit gasoline exports to most countries also contributed to the upward trend. U.S. crude inventory declines and hopes for reduced tariffs further bolstered futures, overshadowing news of potential U.S.

The dollar remained stable near its lowest point in two weeks. Investors are closely watching US tariff talks. Central bank meetings next week are crucial for policy insights. The Bank of Japan may hint at future rate hikes. Trade progress boosts market optimism. Trump s visit to the Fed caused little market reaction.