Latest Stock Market News

Blackstone-backed International Gemmological Institute (IGI) on Friday posted a 45 per cent jump in consolidated net profit at Rs 113.78 crore for fourth quarter of the 2024 calendar year. The company, in a statement, said it had clocked a net profit of Rs 78.43 crore in the year-ago.

Traders of futures contracts that settle to the Federal Reserve s policy rate maintained bets on Friday that the U.S. central bank will restart cuts to short-term borrowing rates in June after data showed inflation rose in line with expectations in January.

Markets regulator Sebi on Friday modified its guidelines and issued necessary clarifications on nomination facilities in the securities market in a bid to make the process of transmission and nomination easier for demat accounts and mutual fund (MF) folios.

India s BigBasket is planning to go public in the next 18 to 24 months, its CEO said, as the Tata Group-backed grocery giant seeks to tap surging demand for quick online deliveries of everything from fruits to Apple iPhones.

Warren Buffett, at 94, remains a financial genius, crediting his sharp mind to key habits. His success isn’t just about investing—it’s about disciplined living and lifelong learning.

A 28-year-old Nashik bank employee died by suicide after losing ₹16 lakh in stock trading. Struggling with financial distress, he set himself on fire despite support from friends. His death highlights the emotional toll of India s ongoing stock market downturn.

Indian markets plunged as US economic concerns triggered a sell-off, with Nifty down 1.86% and Sensex falling 1.90%. IT, auto, and banking stocks saw sharp declines, while Granules India and Redington faced heavy losses.

India s NSE Nifty 50 suffered its fifth straight monthly loss, the longest streak since 1996, with the index 15% down from its September peak. Persistent foreign outflows, weak earnings, and U.S. tariff uncertainties have contributed to this decline, impacting small- and mid-cap stocks more significantly.

Cryptocurrency prices are down sharply in recent weeks and not expected to rebound soon, with some of the biggest digital currencies erasing nearly all of the gains they made after Donald Trump s election win triggered a wave of excitement across the industry.