Latest Stock Market News

Va Tech Wabag shares, down 23% from their 52-week high, remain a strong long-term bet. Analysts highlight technical support at Rs 1,375 and fundamental triggers like a $100 million municipal partnership. Yes Securities maintains a ‘Buy’ with a Rs 1,750 target, citing revenue growth, improving margins, and strong order inflows.

Wall Street s main indexes edged up on Tuesday as investors assessed implications of impending reciprocal tariffs on the heels of US President Donald Trump s subtle indication of potential leniency in his trade policy approach.

The Nifty Realty index closed 1.46 per cent down at 863.2.

JSW Steel on Tuesday said it will sell over 22 crore shares in its subsidiary Piombino Steel Limited (PSL) under the proposed buy-back offer for Rs 1,676.45 crore. It holds 508 crore equity shares in PSL, constituting 83.28 per cent of the total equity shareholding of PSL, JSW Steel said.

Gold prices dropped by Rs 100 to Rs 90,450 per 10 grams in the national capital on Tuesday due to weak demand from jewellers and retailers, according to the All India Sarafa Association. Gold of 99.9 per cent purity had closed at Rs 90,550 per 10 grams on Monday.

Fertility clinic chain Indira IVF Hospital has withdrawn its draft IPO papers, which were filed through the confidential route, an update with markets regulator Sebi showed on Tuesday.

Indian markets closed slightly higher on Tuesday, paring early gains. The Sensex rose 33 points to 78,017, while Nifty added 10 points to 23,669, as IT and banking gains offset declines in Reliance, ICICI Bank, and M&M.

A short buildup occurs when open interest and trading volumes rise, accompanied by a decrease in the stock price in the Futures and Options segment.

Shri Ahimsa Naturals opens its IPO with a price band of Rs 113-119 per share aiming to raise Rs 73.81 crore. The company, focusing on caffeine extraction, will issue 6,202,800 equity shares with a minimum lot size of 1,200 shares. Proceeds will fund general corporate purposes and a new manufacturing unit in Rajasthan.