Latest Stock Market News

Indian benchmark indices extended gains, led by banks and energy stocks. Kotak Mahindra Bank and Bajaj Finance hit 52-week highs, while ICICI Bank and JSW Steel touched new lows.

Indian stocks have recovered from this year’s losses due to early signs of increased government spending and monetary easing. The NSE Nifty 50 Index is experiencing a six-day winning streak for the first time since last September. Positive sentiment is driven by global banks’ indication of eased valuation concerns and the central bank’s liquidity measures.

Shares of DLF Ltd increased by 2.6% to Rs 715 following the company s announcement to invest Rs 20,000 crore in commercial expansion. Despite mixed reactions from brokerages, the company maintains firm on its FY26 pre-sales target and expects significant rental income growth by FY30.

RailTel Share Price: The contract is for providing MPLS/ILL (Multi-Protocol Label Switching/Internet Leased Line) services for a duration of 5 years. It is a rate contract for 5 years to renew existing MPLS/ILL links and provide new connections as needed, based on feasibility.

Indian stocks continue to rise, marking the sixth straight session of gains, driven by strong performances in banking and energy sectors, FII buying, and positive domestic macros. The BSE Sensex jumped over 900 points while Nifty50 surpassed 23,600, fueled further by falling U.S. Treasury yields and strong technical indicators.

According to CLSA, the changes are expected to reduce operating expenses (Opex) for Indraprastha Gas Ltd (IGL) and, to some extent, for Mahanagar Gas Ltd (MGL). However, GSPL is anticipated to be the biggest beneficiary of these amendments, as highlighted by the global brokerage firm.

Kotak Mahindra Bank Share Price: The rally followed the private lender s announcement of key leadership changes, including the appointment of a new Chief Technology Officer, aimed at bolstering its senior management team.

Adani Group stocks fell 21% in FY25, losing Rs 3.4 lakh crore in market value due to investor caution, regulatory issues, and FII sell-offs. Adani Green, Adani Enterprises, and NDTV saw steep declines, while broader market volatility and policy uncertainties also impacted valuations. The group denies all allegations.

JM Financial maintains a Buy recommendation on Bajaj Finserv with a revised target price of Rs 2,100. Bajaj Finserv, a prominent player in the NBFC sector, has reported a net profit of Rs 4,408.79 crore in the latest quarter. Promoters hold 60.64% stake, while FIIs and DIIs hold 7.16% and 8.9% respectively.

India is highlighted as a key growth opportunity among emerging markets, with renewed interest in its equities. Strong pro-market economic policies and themes such as increased female workforce participation and manufacturing absorption are driving this optimistic outlook. Valuations remain at a premium, but recent market corrections have made investments more appealing.