Latest Stock Market News

Wall Street opened higher on Wednesday after President Donald Trump struck a trade deal with Japan, shoring up expectations of further agreements ahead of the fast-approaching August 1 deadline.

Gold prices have surged past ₹1 lakh per 10 g, driven by global demand, trade uncertainties, and a weak rupee, pressuring festive jewellery sales and boosting investor interest in lightweight, lower-karat and investment-grade formats.

Wall Street is witnessing a resurgence of meme stocks, with companies like Krispy Kreme, GoPro, and Beyond Meat experiencing significant surges driven by social media hype. These companies, many struggling with profitability, are attracting investors betting on continued momentum.

Sri Lotus Developers and Realty is set to launch its IPO next Wednesday, having allotted equity shares to prominent figures like Shah Rukh Khan, Amitabh Bachchan, the Roshan family, and Ashish Kacholia at Rs 150 apiece. The company aims to raise Rs 792 crore through this IPO, building on a previous private placement that included other Bollywood celebrities.

Bajaj Housing Finance posted a 21% YoY rise in Q1 net profit to ₹583 crore, with steady margins and healthy asset quality. AUM rose 24% to Rs 1.2 lakh crore despite competitive pricing and real estate demand moderation.

Shares of Sarepta Therapeutics fell nearly 7% on Tuesday after the company agreed to comply with the U.S. health regulator s request to pause all shipments of its gene therapy Elevidys in the United States.

Schloss Bangalore, operator of The Leela Palaces Hotels and Resorts has reported consolidated revenue from operations of Rs 275 crore for the quarter ended June, up 21% year on year. The chain posted a profit of Rs 9 crore for the quarter compared to a loss of Rs 75.4 crore in the corresponding period of the previous fiscal.

Aluminium prices are climbing steadily, supported by US tariffs on Mexican imports, restricted Chinese output, and rising European demand. MCX futures and global contracts show bullish momentum, with technical indicators confirming sustained upward trends in the metal’s pricing.