Latest Stock Market News

Indian government bonds experienced gains in early trading, influenced by rising U.S. Treasuries, as traders prepared for a weekly debt sale. The positive sentiment was further supported by signs of a slowing U.S. economy, increasing expectations of Federal Reserve interest rate cuts.

Sandip Sabharwal suggests that the Indian markets are poised for a good year, driven by reduced global tensions, lower inflation and interest rates, and increased government spending. Mutual funds high cash positions provide a market cushion. While valuations are not cheap, infrastructure, construction, capital goods, autos, and select NBFCs offer opportunities, with Reliance expected to outperform.

Gensol Engineering s shares have surprisingly rallied despite facing significant regulatory and financial turmoil. The surge occurs amidst the resignation of key executives due to a SEBI probe into alleged fund siphoning. Adding to the company s woes, IREDA has filed an insolvency petition over a substantial loan default, further clouding Gensol s future.

BOJ faces a delicate balancing act as it tapers bond buying amid rising long-term yields and mounting fiscal concerns.

Bitcoin surpassed $104,000, fueled by expectations of US interest rate cuts and increased institutional investment, despite a slowdown in ETF inflows. Analysts point to strong short-term momentum and potential for new all-time highs if Bitcoin breaks through the $105,200 resistance level. Macro indicators and sovereign fund adoption further support a bullish outlook for the cryptocurrency.

The UN has downgraded global growth forecasts for 2025-26 due to trade tensions and geopolitical risks, with least developed nations hit hardest. Coordinated global policies are urged for recovery.

Ircon International s stock value increased following a new project. The company received a Rs 51.61 crore order from North Western Railway. This project involves installing a Remote Diagnostic and Predictive Maintenance System. The system will be implemented across multiple divisions in Rajasthan. The project is expected to be completed in 24 months.

IRFC surged 6.4% after receiving government approval to raise Rs 10,000 crore via deep-discount bonds. This marks a strategic funding shift as IRFC diversifies beyond railways into power and infrastructure. The move reflects growing PSU interest in zero-coupon instruments despite past investor hesitancy with similar offerings.

Belrise Industries has set the price band for its Rs 2,150 crore IPO at Rs 85–90 per share. The issue opens on May 21 and closes on May 23. The auto parts maker will use Rs 1,618 crore to repay debt. The IPO comprises a fresh issue of 23.89 crore shares and will be listed on May 28.

Markets are rebounding with improved sentiment, falling rates, and mutual fund cash support. Sector rotation continues, with opportunities in infrastructure and autos. Risks persist in overvalued sectors and regulatory trust issues.