Latest Stock Market News

Savy Infra and Logistics will list on NSE SME platform on July 28. The IPO saw massive oversubscription. HNIs led the bids. Retail and institutional investors showed strong support. The grey market premium suggests a listing around Rs 146. The company is an EPC contractor. It focuses on infrastructure groundwork and logistics. Savy Infra boasts substantial order flows.

Quantum AMC s Christy Mathai favors undervalued companies, targeting a 25% discount to intrinsic value. IT and banking sectors are attractive due to earnings below potential. While an immediate market boost is absent, medium to long-term growth hinges on earnings trends. India-UK FTA s market impact is limited, but a US trade deal could affect gems, jewelry, and pharmaceuticals.

Swastika Castal is set to launch on the Bombay Stock Exchange SME platform on Monday. The Initial Public Offering saw good subscription numbers last week. The company reported strong financial growth for fiscal year 2025. However, the stock shows no grey market premium. The IPO consisted of fresh equity shares. The company specializes in aluminum casting for various industries.

"RSI trending up" means that the Relative Strength Index (RSI) values are increasing, suggesting strengthening momentum in the price of the stock. This can indicate potential upward movement and may be used by traders to identify buying opportunities.

The Indian equity market faced its fourth consecutive week of losses, with the Nifty50 index declining by 0.5% due to persistent FPI selling. A potential reversal is expected around July 29, which could signal a short-term top or bottom. Time-based analytics continue to play a crucial role in identifying key intraday and positional trading opportunities.

We have collated a list of recommendations from top brokerage firms from ETNow and other sources for the next 12 months.

The Indian rupee is anticipated to open with minimal change, buoyed by improved risk sentiment following a U.S.-EU trade agreement. However, persistent foreign portfolio outflows are expected to limit any significant gains. Traders predict the rupee will fluctuate between 86.20 and 86.80-86.90, with a slight depreciation bias due to ongoing outflows from Indian equities.

VA Tech Wabag shares: In a regulatory filing, the company announced that it has secured a Design, Build, and Operate (DBO) contract for the engineering, construction, and commissioning of advanced Wastewater Treatment Plants (WWTPs).

India s corporate bond market is attracting retail investors due to SEBI s reforms like reduced ticket sizes and enhanced transparency. As traditional instruments become less appealing, investors are exploring corporate bonds for better yields and diversification. Anticipated rate cuts are expected to further boost corporate bond issuance, particularly in short-term bonds, driven by rate cut anticipation and liquidity infusion.