Latest Stock Market News

Sampath Reddy from Azurean Investment Managers highlights investment opportunities in large private sector banks, despite the pains in microfinance and unsecured lending. He also finds consumer staples and certain BFSI segments attractive. However, he advises caution with cement stocks due to ongoing challenges and suggests waiting for further corrections in PSE stocks, especially in railway and defense.

Despite Tesla s plans to enter the Indian market, analysts believe domestic automakers like Mahindra & Mahindra are well-positioned to thrive. Market expert Sandip Sabharwal dismisses fears about Tesla s impact, pointing out the strong demand and established strengths of Indian automakers.

Biocon Biologics has launched YESINTEK, a biosimilar to Stelara, in the United States for treating chronic autoimmune conditions, offering a cost-effective option. This is Biocon s first US product launch since becoming a global biosimilars organization. Biocon shares, currently at Rs 321, have declined 13% year-to-date but gained 42% in the last two years.

India s stock market faces pressure as Trump s "America First" policies and China s rebound lead to capital outflows. China s market recovery, driven by economic stimulus and regulatory easing, attracts investors, while India s higher valuations and potential tariffs add uncertainty.

Tata Capital IPO: As per a Reuters report, Tata Capital plans to issue 23 crore new shares, with certain existing shareholders exiting through the offer for sale (OFS) route.

Higher interest rates to tame inflation and slowing global economy contributed to some slowdown in our economy. The story of earnings downgrade and hence valuations being expensive were to be followed.

Nestle India share price: The stock has fallen 12% over the past six months but has risen 19% in the last two years. The company s market capitalization is currently Rs 2,14,071 crore.

Elara Capital recommends buying Adani Energy Solutions with a target price of Rs 930, up from the current Rs 661.85. The company s growth prospects include anticipated significant EBITDA and EPS growth by FY27. Key risks include heightened competition and timely execution. Promoters hold a 69.94% stake, and FIIs own 17.34%.

The Nasdaq Composite dropped over 1% on Monday, led by declines in big tech stocks as investors remain cautious ahead of Nvidia’s earnings report. Market concerns include future demand for AI technology and Microsoft’s potential data center overcapacity. Apple and Berkshire Hathaway shares, however, experienced gains.