Latest Stock Market News

Edtech unicorn PhysicsWallah has filed draft IPO papers with capital markets regulator Sebi through a confidential pre-filing route. The confidential pre-filing route allows the company to withhold public disclosure of details under the draft red herring prospectus (DRHP).

Tata stocks: Other stocks in the Tata group that have seen a decline in their market capitalization include Artson, Automobile Corporation of Goa, Automotive Stampings and Assemblies, Rallis India, Tata Chemicals, Tata Communications, Tata Consumer Products, Tata Elxsi, Tata Power, Tata Technologies, and Tata Teleservices (Maharashtra). Growth in Tata Group companies is priced-in and stocks have traded at premium, leading to the fall in FY25 which has largely been a year of consolidation.

Shares of Hindustan Construction Company (HCC) increased by 15% after the company, in a joint venture with Tata Projects, secured a Rs 2,470 crore contract for a 1,000 MW pumped storage project in Maharashtra from Tata Power. The project includes significant civil and hydro-mechanical works, enhancing HCC’s position in India s hydropower sector.

$TRUMP meme coin s value plummeted 85%, sparking worries about speculative investments in crypto. Peter Schiff warned that Trump s influence could cause more Americans to lose money in digital assets. Schiff criticized the Strategic Bitcoin Reserve and linked Bitcoin s potential crash to the Nasdaq s decline, warning that investor confidence could further erode.

The brokerage stated that BDL is expected to benefit directly from the procurement of Varunastra Torpedoes, while BEL and Astra Microwave are set to gain from the Airborne Early Warning & Control (AEW&C) Aircraft Systems order, which will strengthen India’s radar ecosystem.

Shares of engineering and infrastructure conglomerate Larsen & Toubro (L&T) climbed as much as 2.4% on Friday to Rs 3,430 on the BSE after the company announced it had secured “large” orders from the Brigade Group for residential and commercial projects in Hyderabad and Chennai.

Most people kind of turned bearish on global concerns, oil prices. So, people tend to kind of extrapolate more bad news. So that has happened this time around also.

NSE announced the exclusion of five stocks: Apollo Tyres, Deepak Nitrite, Escorts Kubota, MRF, and Ramco Cements from the F&O segment starting June. This follows earlier removals, with 16 more stocks exiting by February 2025. Markets rebounded on Friday after an initial dip.