Latest Stock Market News

Jefferies upgraded seven stocks following strong Q1 FY26 results, citing improved earnings visibility and robust growth outlook. The upgrades reflect increased confidence in sectoral recovery and company-specific performance momentum.

Mihir Vora of Trust MF expresses cautious optimism about the market, viewing the dollar s recovery as a technical bounce. He anticipates continued FII inflows into India, contingent on stable conditions. Vora highlights the need for improved domestic growth indicators, particularly banking credit, to sustain a 6.5% GDP growth, while favoring larger private sector banks due to their pricing power.

Consumer ware products maker All Time Plastics on Monday fixed a price band of Rs 260 to Rs 275 per share for its Rs 401-crore initial public offering (IPO).

European shares edged higher on Monday, recovering some ground after a sharp selloff on Friday, while Swiss stocks slumped to their lowest in more than three months as investors digested a hefty 39% U.S. tariff rate.

The global cryptocurrency market saw a broad-based recovery on Monday, led by Bitcoin s steady rebound and strong gains in major altcoins, as expectations grew for a potential interest rate cut by the US Federal Reserve in September.

The Aditya Infotech IPO, open from July 29 to 31, witnessed strong demand across all investor categories, getting subscribed 106.23 times in total. Qualified institutional buyers (QIBs) led the rush with a 140.5x subscription, followed by non-institutional investors (NIIs) at 75.93x and retail investors at 53.81x.

According to Abneesh Roy, the worst is over for most FMCG companies regarding EBITDA margins, with expectations of improvement in Q2 and Q3. Urban recovery is gradually emerging, and commodity costs are deflating, benefiting companies like ITC and Nestle.

Weak U.S. jobs data and volatile equity markets drove precious metal prices higher today. Gold October futures on MCX surged by Rs 710, or 0.71%, crossing the 1 lakh mark to trade at Rs 1,00,464 per 10 grams.

Trust MF s CIO, Mihir Vora, favors healthcare investments in R&D, CDMO, diagnostics, and hospitals, while being cautious about generic US pharma due to margin pressures. He anticipates a revival in the rural economy benefiting FMCG companies. Vora also foresees a multi-year upward cycle in private sector capex driven by PLI schemes and investments in green/blue hydrogen and fertilizer production.

Shree Cement s Q1 FY26 consolidated net profit soared 131% YoY to Rs 642.66 crore, driven by strong operating earnings growth and reduced expenses. Revenue saw a modest 3.1% increase, while EBITDA jumped 47%. Following the earnings release, Shree Cement s shares experienced a slight increase in trading.