Latest Stock Market News

SEBI penalized Stockholding Services Limited Rs 9 lakh for irregularities in client relationship data. Over 1,100 accounts had listed "dependent children" aged 34-100, violating norms. Further issues included mismatched KYC data, irregular mobile/email mapping, and inadequate due diligence.

YES Securities forecasts 20–31% gains in select stocks across insurance, jewelry, grooming, infrastructure, and castings, citing robust growth strategies, sectoral demand, and government initiatives.

Smallcap stocks attract investors seeking high growth despite higher risks. ETMarkets recently identified 80 multibagger smallcap stocks with impressive growth in FY25.

Gurmeet Chadha highlights the high valuations in the market and emphasizes the importance of duopolies in growth sectors like depositories. He predicts strong growth in the dematerialization and alternative market sectors. He also identifies investment opportunities in companies like Reliance, defence technology, recycling, new-age companies, and IT. Chadha advises a long-term investment view to navigate market volatility.

The NSE expanded its colocation facility in Mumbai, adding over 200 racks and planning to reach 1,500 racks by FY25. It aims to scale capacity to 4,000 racks within two years, enhancing ultra-low latency trading infrastructure for market participants.

The Nifty Pharma index closed 0.94 per cent at 23011.10.

Facial recognition-based Aadhaar payments, launched by NPCI, have not gained traction even after a year due to limited implementation by banks. Public-sector banks like SBI seek a desktop version from UIDAI. Facial recognition promises lower costs and better reliability compared to other Aadhaar verification methods.

As per the merger scheme, ITC itself would retain 40% of the hotel shareholding, and the remaining 60% would be held by the existing ITC shareholders.

​Now, exchanges offer weekly contracts of only their benchmarks. Nifty weekly contracts expire every Thursday, and Sensex contracts expire on Fridays. As a result, the volatility has been restricted to these two days. Starting January 1, Sensex weekly contract expiries have shifted to Tuesday from Friday.

While HDFC Bank also has the option of merging HDB Financial Services with itself, Macquarie believes the bank may not consider this route due to the operational challenges associated with asset-liability mismatch and other reserve requirements mandated by the Reserve Bank of India .