Latest Stock Market News

This comes after the RBI heavily intervened in the foreign exchange market during the week on February 10 and 11, making the rupee stronger from its record low levels. The RBI is estimated to have sold more than $10 billion over a period of two-three days, according to DBS Bank.

The RBI has replaced the board of New India Cooperative Bank, appointing Shreekant as Administrator for 12 months. Restrictions have been imposed on loan issuance and withdrawals due to governance issues and liquidity concerns. Depositors can claim insurance up to ₹5 lakh under the deposit insurance scheme.

Auto component maker Samvardhana Motherson International on Friday reported a consolidated net profit of Rs 879 crore for the third quarter ended December 31, 2024. The company had reported a net profit of Rs 542 crore for the October-December quarter of the last fiscal.

Nvidia significantly reduced its stake in Arm Holdings by 44% and completely exited its investments in Serve Robotics and SoundHound AI in the fourth quarter. The company also established new positions in WeRide and Nebius Group, which aligns with Nvidia s long-term AI strategy, causing a notable increase in WeRide s stock value.

ICICI Securities has settled a case with Sebi involving alleged violations of stock broker rules and other market norms by paying a settlement fee of Rs 80.4 lakh. The case stemmed from a joint inspection that identified multiple non-compliances related to margin trading and reporting lapses.

Swan Energy Q3 Results: Swan Energy reported a 406% YoY surge in net profit to ₹583 crore for Q3 FY25, with revenue rising 20% to ₹1,908 crore. A sharp increase in other income boosted total income to ₹3,777 crore.

Chinese stocks in Hong Kong surged as AI advancements and potential government support for the private sector boosted market confidence. The Hang Seng China Enterprises Index jumped 4.1%, led by Alibaba, amid reports of top-level meetings with business leaders.

ETMarkets reports that 84 stocks, held by over 100 mutual fund schemes, have posted double-digit gains in FY25.

Business process management firm Hinduja Global Solutions (HGS) on Friday reported a consolidated loss of Rs 8.59 crore in the December quarter of FY25. It had posted a consolidated profit of Rs 8.18 crore in the year-ago period, according to a regulatory filing.

Sensex dropped 200 points to 75,939 on Friday, with seven BSE Energy stocks hitting 52-week lows. These lows signal potential buying opportunities or underlying weaknesses, influencing investor sentiment and market trends.