Latest Stock Market News

Several smallcap companies have provided substantial dividend yields to their investors over the past year. PTC India and MSTC Ltd. topped the list with a 10% yield each, followed by Akzo Nobel India at 8%.

In the past month, 11 penny stocks with low market caps and high trading volumes fell 20–50%, highlighting the risks of volatility, illiquidity, and sharp declines in such investments.

Markets closed higher for the second week, boosted by GST reform optimism, though profit booking trimmed gains. FIIs continued selling, but DII support cushioned the impact. Analyst Sudeep Shah suggests Nifty faces resistance at 25050-25100 and support at 24650-24600, while Bank Nifty lags, with consumer durables and auto sectors showing strength.

Foreign Institutional Investors (FIIs) have continued their selling trend in August, offloading equities worth ₹25,564 crore, bringing the year s total to ₹1,57,440 crore. High valuations in India compared to other emerging markets and concerns over IT sector growth are key drivers. However, a potential rate cut by the Federal Reserve may ease the selling pressure.

Axis Securities has highlighted its top conviction ideas in the banking space across Tier 1 banks, PSU banks, and mid-sized banks, reflecting growth visibility and margin resilience.

The Reserve Bank of India (RBI) has approved Sumitomo Mitsui Banking Corporation s (SMBC) acquisition of up to 24.99% stake in Yes Bank, though SMBC won t be classified as a promoter. This follows SMBC s plan to increase its holding to 20% through a secondary purchase from State Bank of India and seven other shareholders.

Ajay Khandelwal anticipates India s equity markets will be driven by clean energy, manufacturing, and digital platforms as it progresses towards its 2047 goals. He advises focusing on companies benefiting from domestic growth and diversified exporters, favoring those with strong financials. Khandelwal expects market volatility in the near term, but anticipates earnings growth to broaden from Q2 FY26 onwards.

These stocks represent a diverse range of industries, all of which have shown notable dividend yields.

Nvidia s earnings are a key test for the AI market. Tech stocks recently declined. Nvidia s results will impact the tech sector and overall market. Investors are watching closely. Nvidia s growth has fueled AI excitement. Analysts cite AI industry developments as reasons for caution. Economic data and consumer sentiment will also be in focus.

Jerome Powell s speech at Jackson Hole boosted market confidence. Investors are now betting on a September rate cut. This has led to gains in stocks and a drop in Treasury yields. However, concerns remain about stagflation and the Fed s independence. Donald Trump s pressure on the Fed is also causing unease. The dollar weakened due to expectations of lower interest rates.