Latest Stock Market News

At the same time, FIIs added to their holdings in Ujjivan Small Finance Bank, Vodafone Idea, and JSW Energy, while trimming their stakes in CarTrade Tech and Route Mobile.

Ola Electric was listed on Friday, August 9 disappointing investors as it got listed at par with the issue price of Rs 76. However, later during the day, the stock surged 20% to hit an upper circuit high of Rs 91.20 on NSE

Since Bitcoin was released, it has grown rapidly to become the top new asset class in the world. While world governments did not perceive it as a financial changemaker asset at first, the significant adoption rates globally have forced them to think otherwise

10 stocks have consistently increased in price, trading volume, and delivery volume, indicating higher investor interest in these stocks.

Apart from the new issues, the Street will also see three listings. FirstCry and Unicommerce, which opened for subscription last week, will also see their shares get listed last week.

Oil prices declined amid global recession fears, though losses were limited by potential Middle Eastern supply disruptions and US inventory drawdowns. Weak economic data from the US, China, and Europe heightened concerns. Geopolitical tensions and OPEC Plus production policies further influenced the market, while reduced Chinese demand and refinery activity added to the fluctuations.

The interplay between a Central Bank’s actions and the stock market’s response is complex and dynamic; even a minor policy adjustment can set off a chain reaction across various sectors, leading to substantial market movements and volatility.

Speculators increased their net short positions on five-year Treasuries to a record high, while bearish bets on 10-year Treasuries reached their highest level since February, according to the latest CFTC data.

From Aug. 2 to Aug. 8, hedge funds aggressively boosted their bearish bets on Japanese stocks following a sharp decline in the Nikkei index. Goldman Sachs reported that net exposure to Japanese equities fell to 4.8%. Globally, hedge funds remained bearish for the fourth week in a row, increasing short positions amid the market turbulence.

Nasdaq short interest dropped by 2% in late July, with shorted shares falling from 14.356 billion to 14.068 billion, indicating a shift in market sentiment.