Latest Stock Market News

Mukesh Ambani s ten companies collectively experienced a market value erosion of nearly Rs 2.4 lakh crore in the past year, with Reliance Industries leading the decline. Despite this downturn, brokerages remain optimistic about Reliance s long-term prospects in telecom, new energy, and AI, while concerns linger regarding the Jio IPO and its potential benefits for RIL shareholders.

Donald Trump s claim about India agreeing to reduce tariffs to "almost nothing" has been dismissed by economist Swaminathan Aiyar as unpredictable rhetoric. Aiyar argues that Trump s tariff war is more about geopolitics, stemming from India s stance on Russia and oil imports. Despite external pressures, India s economy shows resilience, with GDP growth surpassing expectations, indicating a capacity to withstand tariff pressures.

Reliance Industries shares rose over 2% after two days of losses, driven by upbeat brokerage calls post-AGM and a Morgan Stanley report highlighting RIL as a key beneficiary of China’s anti-innovation push, supporting its energy, solar, and consumer businesses with strong long-term growth prospects.

Stock markets rebounded after last week’s selloff, driven by GST cuts, festive demand expectations, and global partnerships. Dhananjay Sinha highlighted auto, FMCG, and consumer goods as key beneficiaries. The IT sector rally was attributed to sector rotation and Fed rate cut hopes, though outlook depends on future commentary and exports.

Japanese government bonds saw a surge after a successful auction. Demand for the 10-year notes was the highest in almost two years. Bank of Japan official Ryozo Himino suggested further interest rate hikes. Focus is now on the upcoming 30-year bond auction. Political uncertainty and government spending plans are also impacting the market. The 30-year JGB yield increased slightly.

India s central bank will consult with bond market participants regarding government borrowing for the fiscal year s second half, amidst concerns about rising bond yields and potential treasury losses for banks. Discussions will include feedback on the October-March borrowing schedule and possible solutions to address current market conditions.

Indian government bond yields saw a decrease in early trading on Tuesday. This is because traders anticipate long-term investors will absorb state debt supply. States aim to raise 316.50 billion rupees through bond sales. This supply increase occurs amidst investor concerns about potential losses. The GST council is scheduled to convene for a meeting.

Tathastu Realty is set to invest Rs 200 crore in developing Swarnim , a six-acre high-street retail project in Rewari, Haryana. This commercial venture will feature 1,200 shops with a launch price of Rs 14,000 per sq ft.

Amanta Healthcare’s Rs 126 crore IPO has drawn strong investor interest, with subscriptions crossing six times by Day 2, mainly driven by retail participation. The grey market premium has eased to 12%, but still signals potential listing gains. The issue closes on September 3, with listing due September 8.