Latest Stock Market News

Shares of Ola Electric Mobility on Monday declined more than 5 per cent in the mid session trade amid reports that the company is laying off over a thousand employees to pare its mounting losses.

Angel One shares fell 10% to a 52-week low amid heavy selling after disclosing unauthorized client data access. The brokerage assured client accounts remain secure but is investigating the breach. Despite a 35% three-month decline, the stock gained 79% in two years. Client additions dipped in January, but the overall base expanded.

Pranav Constructions, a prominent Mumbai-based real estate developer, has filed for an IPO to raise Rs 392 crore, with additional funds to be generated through an offer for sale. The funds will support its redevelopment projects and debt repayment. Centrum Capital Limited and PNB Investment Services Limited are managing the offer.

IndiGo expanded its market share to 65% in January 2025, leading domestic air travel growth despite an 11% YoY rise in passenger traffic. Strong operational efficiency, steady demand recovery, and strategic expansion fueled its dominance. ATF prices rose 50% YoY but declined sequentially.

For investors, the "remain invested" mantra holds merit for long-term wealth creation, as history shows markets eventually recover from even severe corrections.

Matt Orton of Raymond James Investment states that Trump is serious about ending the war despite some leaning towards Putin. Tariffs on Mexico and Canada are uncertain but crucial for market stability. March will be a defining month, with projections relying heavily on tariff decisions and macroeconomic factors, affecting the bull market s potential reacceleration.

In February 2023, the Nifty saw its steepest fall since the Covid pandemic, dropping 6%. IT, auto, and pharma stocks faced significant declines due to fears of US economic slowdown, Tesla entering India, and potential trade tariffs. IT stocks experienced the largest losses, with the Nifty IT index down by 11%.

The Nifty Realty index was trading 1.0 per cent down at 789.95.

CLSA has upgraded Rural Electrification Corporation (REC) and Power Finance Corporation (PFC) to High Perform due to robust loan growth, strong return on equity, and attractive dividend yields. The target price for both is set at Rs 525. CLSA highlights minimal asset quality concerns and a positive mid-teen loan growth outlook for FY26-27 for both companies.