Latest Stock Market News

Vedanta Ltd. secured 83% creditor approval for its demerger, surpassing the required 75% threshold. The restructuring will split the company into five independent entities to enhance operational efficiency and shareholder value.

Feb 18 (PTI) Capital markets regulator Sebi on Tuesday cancelled the registration of 19 defunct FVCI (Foreign Venture Capital Investors) after they failed to meet the eligibility criteria. The 19 entities include Axis Capital Mauritius, Axis India Infrastructure Holdings, Blackstone Capital Partners (Singapore) VI FVCI Pte Ltd, P6 Asia Holding Investments (Cyprus) Ltd, Pequot India Mauritius IV, Ltd and Omega FVCI Investments Pte Ltd.

Indian equity markets may face near-term volatility but are projected to recover in H2 2025, with Nifty reaching 25,000 by December. Key drivers include rising consumption, government welfare spending, and a revival in unsecured lending, Emkay Institutional Equities reports.

The Sensex fell by 29 points to 75,967 on Tuesday, while 11 BSE Healthcare stocks hit 52-week lows, signaling potential buying opportunities or sector-specific challenges for investors.

Capital markets regulator Sebi on Monday directed one of the promoters of Mawana Sugars to disgorge Rs 6.17 crore obtained through insider trading in securities of the company.

Tech view: Nifty has formed a Hammer candlestick pattern near multiple support zones, signalling strength. As long as it holds the recent low of 22,725, a buy-on-dips strategy remains favourable. The 21-day simple moving average (DSMA) at 23,240 serves as an immediate hurdle, and a decisive breakout above this level could confirm a near-term bottom reversal, said Hrishikesh Yedve of Asit C. Mehta Investment Intermediates.

Sectorally, buying interest was strong in energy, IT, power, oil & gas, and utilities, while consumer durables, telecom, capital goods, and FMCG stocks saw selling pressure.

Gold prices rose Rs 300 to Rs 88,500 per 10 grams in the national capital on Tuesday amid firm global trends, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity had ended at Rs 88,200 per 10 grams on Monday.

IT gains were offset by consumer stock losses, as weak earnings, foreign outflows, and trade uncertainties kept market sentiment subdued.

The Nifty Realty index closed 0.06 per cent up at 832.05.