Latest Stock Market News

Around $99 million worth of cryptocurrency linked to the $LIBRA token was withdrawn by eight digital wallets associated with its creator, following a controversial promotion from Argentinian President Javier Milei. Despite Milei s denial of involvement, blockchain firms have raised concerns over the suspicious activity.

KSSL, a wholly owned subsidiary of Bharat Forge Limited and a leader in the Indian defence industry with a strong emphasis on research and development, has created several indigenous weapon platforms, off-road protected mobility solutions, and advanced military products.

For the past few months, we have witnessed FPI outflows owing to interest rate changes in the US, which made carry trades less attractive against US markets.

Orchid Pharma share price: Orchid Pharma s Alathur facility is the only U.S. FDA-approved manufacturing site in India for sterile cephalosporins, a group of antibiotics used to treat bacterial infections.

The current stock market volatility is seen as an opportunity to invest in quality stocks at reduced valuations. Despite sharp corrections, opportunities exist across largecaps, midcaps, and smallcaps. Key sectors with potential growth include power, automation, capital goods, and discretionary segments in consumption.

U.S. stocks ended modestly higher with the S&P 500 hitting a second straight all-time closing high. The Federal Reserve s January policy meeting and Trump s tariff plans were scrutinized by investors. Concerns over inflation and economic slowing were noted, as well as potential future rate cuts by the Fed.

Gold prices inched up on Thursday, nearing record highs due to concerns over U.S. President Donald Trump s tariff policies potentially driving inflation and intensifying a global trade war. Spot gold increased by 0.2% to $2,938.57 an ounce, close to Wednesday s all-time high of $2,946.85.

The yen strengthened while the U.S. dollar remained steady, as markets reacted to Trump s new tariff plans and geopolitical concerns involving Ukraine. Investors grew cautious, anticipating potential impacts on global economics and interest rates. Trump s strategy and the cautious reactions to it are influencing currency movements globally.

Federal Reserve officials, concerned about the impact of debt ceiling uncertainty on market liquidity, are considering slowing or pausing their balance sheet runoff. They are monitoring closely to determine an appropriate end for quantitative tightening, given potential reserve declines following debt resolution.