Latest Stock Market News

Despite global headwinds, the Indian equity market shows resilience, with Amar Ambani of YES SECURITIES predicting sustainable 12-14% returns. He highlights strong domestic flows, robust corporate fundamentals, and policy tailwinds supporting a structural bull run, while expecting an earnings revival in H2 FY26.

Despite positive economic data, Indian equities are expected to trade sideways due to valuation concerns and consistent FII selling. Vikram Kasat of PL Capital highlights this as a stock-picker s market, favoring selective opportunities in sectors like metals, autos, and defence, alongside promising new-age listings.

Asit C. Mehta has unveiled its top Diwali 2025 portfolio, recommending nine stocks across infrastructure, logistics, hospitality, and pharmaceuticals. These picks, including Power Mech Projects and Gravita India, offer significant upside potential, with some projected to gain over 50% by Diwali 2025.

Indian markets are building a foundation for a future rally. Strong third-quarter growth, festive consumption, and policy support are expected to trigger an upward breakout later this year. Domestic liquidity remains robust. Consumption and discretionary spending are set to lead, with manufacturing and semiconductors also showing promise. Investors should stay invested in quality stocks for the next growth cycle.

Info Edge (India), the parent of Naukri.com, reported a 12.1% YoY rise in standalone billings to Rs 729 crore for Q2FY26, driven by steady growth across its Recruitment Solutions and 99acres segments. Half-year billings rose to Rs 1,373 crore. The company said these unaudited figures are subject to review by its board and auditors.

India s oldest gold ETF, Nippon India ETF Gold BeES, has delivered an impressive 950% return since 2007, transforming a Rs 10 lakh investment into over Rs 1 crore. This remarkable performance coincides with gold s record-breaking surge globally and domestically, driven by inflation, geopolitical concerns, and de-dollarization trends.

Technology shares propelled U.S. stocks to record highs, led by AI megacaps, as investors awaited Federal Reserve minutes for interest rate clues amid a government shutdown. Chip stocks outperformed, while gold prices surged due to geopolitical uncertainty. The Fed minutes revealed a divided committee on rate cuts.

Oil prices dropped today as Israel and Hamas reached a ceasefire agreement for Gaza. This development eased concerns about a wider regional conflict, a key factor supporting oil prices. Investors are now selling off oil holdings. Meanwhile, US oil consumption saw a significant rise, reaching its highest point since December 2022.

The dollar strengthened this week, driven by a weakening yen amid political shifts in Japan and ongoing U.S. government shutdown concerns. Investors sought safe havens like gold as global political uncertainty persisted. The yen s slide and France s political crisis are bolstering the dollar, while the euro faces headwinds. Federal Reserve minutes suggest caution on future rate cuts.

Gold prices dipped slightly on Thursday after reaching a record high of $4,059.05 the previous day, as investors took profits amidst ongoing economic and geopolitical uncertainties. Hopes for further U.S. interest rate cuts continue to support the precious metal, which has seen significant gains this year due to strong central bank buying and ETF demand.