Latest Stock Market News

A short buildup occurs in the Futures and Options segment when open interest and trading volumes rise while the stock price falls, indicating traders expect further declines.

Motilal Oswal maintains a "buy" rating for Bharat Electronics (BEL) with a ₹360 target, citing its growing defense market share, expertise in electronics, and upcoming major projects, projecting a 27.5% growth potential.

Indian Hotels Company (IHCL) reported a 23% YoY profit growth to ₹582 crore and 29% revenue growth in Q3 FY25, driven by its air and institutional catering business and expanded property portfolio.

ICICI Lombard Q3 Results: On a sequential basis, the net profit grew by 4.4% to Rs 694 crore in Q3FY25, while revenue rose 0.55% from Rs 5,004 crore in Q2FY25. Gross direct premium income (GDPI) stood at Rs 6,214 crore, a 0.3% decline compared to Rs 6,230 crore in Q3FY24, contrasting with the industry’s growth of 9.5% during the same period.

Oil prices rose on Friday, heading for a fourth consecutive week of gains as the latest U.S. sanctions on Russian energy trade hit supply, pushing up spot trade prices and shipping rates.

India’s IPO market is poised for significant growth, with experts predicting a record amount of capital raised in the coming years. The Association of Investment Bankers of India (AIBI) forecasts 1,000 IPOs in the next two fiscal years, leading to a capital formation of Rs 3 lakh crore by FY26. India topped global IPO volumes in 2024, surpassing the US and Europe.

Tech Mahindra Q3 Results: Revenue from operations in Q3FY25 stood at Rs 13,286 crore, marking a 1.4% increase from Rs 13,101 crore in the year-ago period.

Indian benchmark indices closed in the red on Friday, ending a three-day winning streak. The decline was led by losses in IT giant Infosys and private lender Axis Bank following the release of their quarterly results.