Latest Stock Market News

Indian benchmark indices closed lower as trade war concerns outweighed inflation optimism. MTNL surged 11%, while PB Fintech, Gensol Engineering, and realty stocks declined. Bank of Baroda gained amid PSU Bank strength.

Sachin Shah from Emkay Investment Managers provides insights on market volatility and investment opportunities in largecaps, midcaps, and the IT sector. He believes that largecaps offer better risk-reward at present, while IT companies, despite current uncertainties, can deliver strong returns. He also highlights the potential in the banking sector and anticipates a return of FII investments in the near future.

Blackstone will acquire a 14.3% stake in Kolte-Patil Developers through a Rs 417 crore preferential allotment, followed by a 25.7% stake purchase from promoters. This strategic move grants Blackstone governance rights and strengthens its presence in India’s real estate sector.

India s Jio Finance, a wholly-owned unit of Jio Financial Services, has tapped the debt market with its maiden commercial paper (CP) issuance, ahead of its debut bond sale later this month, three merchant bankers said on Thursday.

Gensol Engineering stock split: Gensol Engineering s board approved a 1:10 stock split to enhance liquidity and attract retail investors. Additionally, the company plans to raise $50 million via FCCBs, ADRs, and other securities. The record date for eligibility will be announced later.

Ambit Capital has given ITC Hotels a "buy" rating with a target price of Rs 230, citing strong cash flow, operational efficiency, and a 15% revenue CAGR projection. Growth is supported by margin expansion and an asset-light expansion model.

Over 100 mutual fund schemes hold 197 stocks, but 111 saw a 10%+ decline in CY25. Among them, 13 stocks dropped over 30%, including Oracle Financial, PB Fintech, and Polycab India.

Indian benchmark indices ended in the red on Thursday, erasing early gains from optimism over softer U.S. and local inflation data, as trade war concerns intensified with U.S. President Trump threatening more tariffs on Europe and Canada.

The Indian rupee rose on Thursday, aided by dollar sales from foreign banks and the trimming of short bets against it, over a trading session that was impacted by an outage on the London Stock Exchange Group s (LSEG) foreign exchange trading platform.

European shares were largely unchanged on Thursday as investors took a step back to assess the ramifications of U.S. President Donald Trump s wavering tariff announcements on global trade relations.