Latest Stock Market News

One of Warren Buffett’s largest public equity investments is now deep in the red. Occidental Petroleum, in which Berkshire Hathaway holds a 28.2% stake, has seen its shares slump 21% from their 2025 peak of $53.20, closing at $42.16 on Friday.

As the long-awaited India-UK Free Trade Agreement edges closer to finalisation, optimism is running high across key industries. Kim Lalli, Partner at international law firm Charles Russell Speechlys and head of its India Desk, calls the FTA a “game-changer” that is poised to unlock vast opportunities for cross-border collaboration.

The Indian markets witnessed a dip last week, with the Nifty falling from 24,346 on May 2 to 24,008 on May 9 — a weekly loss of 1.3%.

Foreign investors, who had been on a 16-day buying streak in Indian shares until the clashes flared up Friday, may resume flows as volatility subsides. Meanwhile, in Pakistan, the International Monetary Fund’s approval of $1 billion in immediate disbursement along with a new $1.4 billion plan for climate resilience will be a booster for its fragile finances.

IndusInd Bank faces scrutiny as auditors demand clarity on its derivative accounting discrepancy, potentially classifying it as fraud. The issue, involving losses near ₹2,000 crore, stems from differing accounting treatments in internal and external forex transactions. The bank s board must decide on the fraud designation, impacting regulatory reporting and potentially setting an industry precedent.

Indian banks are preparing to carefully increase their unsecured loans. This is due to better asset quality and less stress in personal loans and credit cards. State Bank of India expects personal loans to grow. Overall credit growth has slowed. The Reserve Bank of India had increased risk weights on these loans.

Murugappa Group s promoters are actively working towards a new family settlement. The goal is to resolve disagreements and facilitate a three-way split. Advisors are helping with a legally sound and tax-efficient separation structure. The evolving consensus includes right of first refusal on share transfers. Businesses with higher valuations will contribute proportionately.

Following a weekend announcement of a "pause" in hostilities with Pakistan, Indian equity indices are set for a relief rally. Concerns of a full-scale conflict had previously prompted traders to liquidate positions, causing market declines. While a positive reaction to de-escalation is anticipated, experts caution that elevated valuations and continued geopolitical uncertainty may limit any sharp upmove.

Trades that got crowded in April s tumult have suddenly become vulnerable, among them shorting the US dollar, betting against equities and wagering on higher market volatility. Behind the backfiring wagers has been Donald Trump s concessionary tone on tariffs and a string of positive economic reports - and the ensuing rebound in sentiment.

For the Indian equity markets to go from strength to strength, there have to be stronger drivers. And that could be something that is missing. And if you accompany that with rich valuations, then that could set the stage for the upside prospects to be quite limited. So, there s a need to be really selective, increasingly so now than previously. That is the formula to get more returns out of Indian assets.