Latest Stock Market News

Despite a 0.33% drop in Sensex, seven penny stocks surged 24–46% last week, driven by high volumes and low market caps, highlighting strong interest in micro-cap counters.

The Nifty50 dipped 0.4% for the week but closed May with a 1.7% gain. Key resistance levels were validated, while time-based forecasts accurately predicted intraday reversals. Traders should watch June 2 for potential trend shifts, aligning strategies with resistance/support zones and time-based triggers.

Promoter holding dipped for a third quarter, while FPI and mutual fund ownership rose. Domestic institutions now surpass FPIs, with household equity wealth seeing strong multi-year growth.

Promoter ownership stayed highest in IT; government stake led in Utilities. DMFs hit record highs across sectors, while FPIs trimmed Financials and IT but increased exposure to Communication Services.

Aegis Vopak Terminals and Schloss Bangalore debut on June 2 with muted investor sentiment. Both IPOs saw modest GMPs and were driven mainly by institutional interest. Retail participation remained weak. Proceeds will be used for debt repayment and expansion plans.

Markets gained on Trump’s EU tariff pause, with Sensex rising 455 pts and Nifty up 148 pts. Auto stocks surged; BEML, Gillette, and GE Vernova led gainers, while Balkrishna Industries and Sarda Energy declined on weak Q4 earnings.

Indian government bond prices rose on Monday, recovering from an early fall caused by a lower-than-expected central bank surplus transfer, as bets of further monetary policy easing boosted demand.

Sensex surged 455 points, with nine BSE Financial Services stocks hitting 52-week highs. Strong monthly gains signal bullish momentum, making these stocks attractive to traders and investors seeking further upside.

Kolte-Patil Developers reported a strong FY25 with a Rs 106.6 crore net profit, record income of Rs 1,763.7 crore, and robust sales. Strategic launches and project acquisitions drove growth, supported by improved realizations and customer engagement.

Nazara Technologies posted 90% YoY profit growth in Q4FY25 at ₹16 crore, with revenue surging 95%. FY25 EBITDA hit a record ₹153.5 crore, driven by strong gaming momentum, strategic acquisitions, and steady margins despite high user acquisition costs.