Latest Stock Market News

A 5-year swing high represents the highest price a stock has reached within a five-year timeframe.

Indian markets opened positively on Tuesday, with Sensex and Nifty rising significantly after the US paused tariffs on Canada and Mexico. This decision by President Trump to halt tariffs for 30 days has eased global trade tensions, leading to an increase in market capitalisation by Rs 3.11 lakh crore.

The recent Budget has ignited optimism in consumer stocks as a Rs 1 lakh crore income tax relief is expected to boost household disposable income. This increase in discretionary spending is anticipated to benefit various sectors including FMCG, retail, and consumer durables, potentially rejuvenating the market.

Varun Beverages, Divi s Laboratories, and Grasim Industries showed RSI trending up, signaling strengthening momentum. RSI crossing above 50 suggests potential upward movement, indicating possible buying opportunities for traders.

ICICI Securities has maintained its buy rating on Adani Energy Solutions with a revised target price of Rs 1,101. Despite a slight decrease in quarterly income, the company reported an impressive year-over-year profit growth of 80%. With significant new project wins and promising business developments, Adani Energy remains a strong player in the power sector.

Gold April futures opened flat at Rs 83,253/10g, while silver March futures traded at Rs 94,200/kg. Prices surged last week amid global uncertainty. Safe-haven demand and central bank buying may sustain bullish momentum. Support, resistance levels, and expert recommendations suggest volatility ahead, influenced by trade wars, the dollar index, and global economic conditions.

Chamunda Electricals launches an IPO today aiming to raise Rs 15 crore with a fresh equity sale of 29.19 lakh shares. The price band is set at Rs 47-50 per share. Proceeds will be used for capital expenditure, debt repayment, and more. The company specializes in substation and solar power services.

Malpani Pipes And Fittings will debut on the BSE SME platform with shares indicating a muted start. The IPO was priced at Rs 90 and received strong market interest, being subscribed over 140 times. Established in 2017, the company has significantly grown, producing various types of polyethylene pipes and participating in both government projects and the agricultural sector.

The Canadian dollar, Mexican peso, and euro remained steady against the U.S. dollar on Tuesday after a tumultuous Monday. The stabilization followed President Trump s suspension of tariffs on Canada and Mexico. The Chinese yuan also firmed in offshore trading, reflecting optimism about trade deal prospects.