Latest Stock Market News

India s IIFL Finance plans to raise up to $150 million by reissuing its 8.75% 2028 dollar-denominated bonds, two sources aware of the matter said on Tuesday.

Ackman, head of the $20 billion hedge fund Pershing Square Capital Management, criticized Buffett for being too passive in managing Berkshire s diverse portfolio, especially Burlington Northern Santa Fe (BNSF).

Shares of Coffee Day Enterprises, parent company of Coffee Day chains, soared 20 per cent on the bourses for the second straight day on Tuesday after the National Company Law Appellate Tribunal set aside the insolvency proceedings against the company.

Jefferies highlighted that "chip is the new oil," emphasizing its strategic importance. The firm believes India has strong potential to replicate its automotive sector success in semiconductors as the ecosystem grows.

NAPS Global India s SME IPO opened for bidding, aiming to raise Rs 12 crore with a price band of Rs 90 per share. Subscription reached 6% on Day 1. The company, a key textile importer, faces high debt. GMP remained nil.

Wallfort PMS achieved a 72% return in 2024 by focusing on disciplined stock selection and small to midcap stocks, significantly outperforming the BSE 500 TRI. Their Four P Investment Strategy—including promoter evaluation, product innovation, consistent profitability, and attractive pricing—contributed to this success.

Shares of Voltas Ltd and Blue Star surged, driven by expectations of strong demand for air conditioners due to an anticipated early and intense summer in India. Voltas climbed 3.2% and Blue Star jumped 9.2%, outperforming the broader market. The Indian Meteorological Department forecasts above-normal temperatures, fueling demand for cooling appliances.

Exiting the stock market at the wrong time can severely impact long-term returns. Historical data from 2001-2025 shows missing just a few of the best-performing days significantly lowers returns. Market rebounds often follow corrections, highlighting the importance of staying invested through volatility for wealth creation, says PGIM India Mutual Fund s Abhishek Tiwari.