Latest Stock Market News

UBS forecasts an 8% Nifty 50 upside over the next year, driven by a Rs 7 trillion consumption stimulus, lower oil prices, resilient rural demand, and attractive valuations. The brokerage favours financials, autos, real estate, and consumption sectors, while remaining cautious on IT, industrials, and pharma due to global uncertainties.

Warren Buffett, at his 60th and final Berkshire Hathaway AGM, confirmed Greg Abel will take over as CEO by year-end. Buffett shared insights on trade, investing, U.S. fiscal policy, and emphasized caution, opportunity, and global prosperity in a wide-ranging discussion.

In CY25, the Sensex is up 3.4%, while the BSE Financial Services index has gained 6.75%. Nine financial stocks surged 30–60%, with JSW Holdings leading.

Ather Energy shares made a muted debut on the Indian exchanges on Tuesday. Ather Energy launched its maiden public offer on April 28 and April 30 to raise Rs 2,981 crore. The Tiger Global backed electric scooter maker raised Rs 1,340 crore from anchor investors on April 26 before the IPO opened.

Wall Street s main indexes opened lower on Tuesday, after U.S. President Donald Trump s latest plans for pharma tariffs further dampened investor sentiment amid subdued corporate earnings.

Zerodha slashed trading API prices following NSE’s new rules that simplify retail algo trading. The framework enables up to 10 orders/second without prior registration.

India s oldest exchange BSE has reported robust fourth quarter numbers as its net profit soared 362% year-on-year (YoY) to Rs 494 crore. Revenue from operations, on the other hand, jumped 75% YoY to Rs 847 crore.

Wagons Learning has withdrawn its Rs 38.38 crore SME IPO due to poor investor response, achieving only 8% subscription. Weak retail and institutional interest, coupled with red flags in statutory compliance and content rights, impacted sentiment. The IPO was slated to list on the BSE SME platform on May 9.

Despite Sensex slipping 155 points, five BSE 500 stocks hit 52-week highs on Tuesday, driven by strong monthly gains, signaling robust investor confidence and bullish momentum across select sectors.