Latest Stock Market News

In the Nifty 50 index, 15 stocks ended in the green, while 35 stocks closed in the red in today s trade.

Trump tariffs: Zerodha CEO Nithin Kamath criticized Trump’s "America First" tariffs, warning they may isolate the U.S. while strengthening China’s global trade dominance. He questioned the long-term sustainability of such protectionist policies in an interconnected economy.

USD-denominated BSE Sensex futures and options trading began at India INX in GIFT City, offering foreign investors extended hours and lower costs. Launched by Gujarat CM Bhupendra Patel, it aims to boost global participation in Indian equities with tax benefits and regulatory ease, positioning GIFT City as a global financial hub.

The Indian rupee fell to a record low on Monday after U.S. President Donald Trump slapped tariffs on imports from the country s three biggest trade partners, stoking fears of a trade war that rattled global financial markets.

Chamunda Electricals IPO: GYR Capital Advisors Private Limited is the book-running lead manager for Chamunda Electricals IPO, with Kfin Technologies Limited as the registrar. The proceeds will fund capital expenditure for new testing kits and equipment, working capital needs, loan repayments, general corporate purposes, and issue expenses, supporting the company’s growth and financial stability.

Shares of Swiggy rose by 5.3% after Kotak Institutional Securities gave a buy rating due to strong growth prospects in both food delivery and quick commerce. Kotak predicts 19% CAGR for food delivery and 63% GMV CAGR for quick commerce over FY2025-28. Swiggy is projected to be EBITDA-positive by FY2027 and net profitable by FY2028.

Prashant Jain sees Nifty at reasonable levels for modest returns over 2-5 years. Despite corrections, Nifty stocks may yield low double-digit gains. Banks and IT remain stable, while consumer staples, autos, and utilities have declined more sharply.

Now, as far as the economic impact of this is concerned, the budget has been quite fantastic as far as it focuses on growth, on reforms and also, it talks about the fiscal consolidation.

Union Budget 2025: The Budget’s emphasis on sectors such as agriculture, MSMEs, infrastructure, and social inclusion provides a significant opportunity to fortify the nation’s financial foundation and expand the role of insurance in driving economic progress.

Analysts have noted that the rebate on personal income tax, along with other measures, has laid the groundwork for long-term growth.