Latest Stock Market News

Online brokerages including Charles Schwab and Fidelity Investments were down for thousands of users on Monday, according to outage tracking website Downdetector.com.

The current ICDR rules outline overall timelines for implementing a bonus issue. However, they do not specify exact timelines for the credit of bonus shares and the commencement of trading of these shares from the record date of the issue.

First cry IPO Latest News: Firstcry is expanding its presence in international markets. The company offers its products through a diverse range of channels, including its online platform, company-owned stores, franchises, and traditional retail distribution within India.

Gold prices rose by Rs 250 to Rs 72,800 per 10 grams in the local market here on Monday amid increased demand from jewellers. The precious metal settled lower at Rs 72,550 per 10 grams in the previous session on Saturday.

Auto components maker Motherson Sumi Wiring India Ltd on Monday reported 21 per cent increase in net profit at Rs 148.87 crore for June quarter FY25 riding on strong revenue growth. The company had logged a net profit of Rs 123.13 crore in the same quarter last fiscal, Motherson Sumi Wiring India Ltd (MSWIL) said in a regulatory filing.

Indian government bond yields dipped on Monday as traders wagered the Federal Reserve will need to be aggressive in cutting interest rates after weak jobs data stoked worries over the U.S. economy.

Ace investor Rekha Rakesh Jhunjhunwala-owned Baazar Style Retail has raised Rs 37 crore from Volrado Venture Partners reducing the fresh issue size to Rs 148 crore from Rs 185 crore.

Bharti Airtel’s consolidated net profit rose 100.81% sequentially and 158% on-year to Rs 4159.9 crore, helped by a one-time gain in addition to strong broadband user additions and an increase in average revenue per user (ARPU).

Allaying frayed nerves, analysts say the sell off is more of a short-term volatility and it does not indicate any long-term panic mode set in the Indian equities. The primary market is taking a hit in terms of IPO demands. Ola Electric’s GMP has fallen to Rs 10, compared with Rs 15 a few days ago. At the current GMP, the stock is expected to list at a premium of 13% to the issue price.

The share of Domestic Institutional Investors (DIIs) also increased to 16.23% from 16.07% during the quarter. Meanwhile, with Foreign Institutional Investors (FIIs) pulling out Rs 7,693 crore from the market during the quarter, their share declined to a 12-year low of 17.38%, down by 34 bps.