Latest Stock Market News

ETMarkets has formed a list of five stocks from the BSE500 that showed consistent price increases throughout the last five sessions.

The analysis involves stocks with a market cap of over Rs 500 crore.

Key industry requests for the VDA tax regime include reducing the TDS rate under Section 194S to 0.01% from the current 1% to boost liquidity and participation. Additionally, raising the threshold limit for tax deduction under Section 194S from Rs 50,000 to Rs 5,00,000 is suggested to foster a more conducive trading environment.

It is expressed as a percentage and provides investors with a measure of the income they can expect from their investment in the stock, independent of any capital gains.

Pearl Global Industries raised Rs 149.50 crore via QIP from investors like HDFC, HSBC, ICICI Prudential, and Goldman Sachs Fund. They issued 20,45,143 shares at Rs 731.00 each, totaling 45,642,367 shares. Funds will support debt repayment, working capital, sustainable products, ESG initiatives, and growth. PGIL operates facilities in India and four other countries.

The second half of 2025 is expected to see promising IPO activity in sectors like consumer goods, healthcare, and technology. In addition to new offerings, eight companies that recently launched IPOs are set to list in the coming weeks. Sanstar Ltd, which has received positive reception for its IPO, will make its stock market debut on July 26th.

HDFC Bank today reported a strong growth in its standalone net profit at Rs 16,175 crore for the quarter ended June 30, 2024, up 35% over Rs 11,952 crore from the year ago period. However, it was down by 2% sequentially versus Rs 16,512 crore reported in Q4FY24.

Nifty drops 270 points due to global selloff and US-China tensions. Market cautious ahead of Union Budget and earnings season. Expert analysis suggests limited upside for Sensex and Nifty. Bank Nifty consolidating with potential trending move. Focus on defensive sectors amid upcoming volatility.

Despite a global Microsoft Systems outage, Indian exchanges and clearing corporations operated smoothly with minimal impact. Only a few trading members experienced disruptions, which were promptly resolved. NSE and NCDEX continued trading activities, while MSE provided electronic trading services. Microsoft later fixed the underlying cause for Microsoft 365 Apps services.

“Essentially, this is a dream run for India. I have never seen markets so optimistic about the future. It is like our T20 campaign, where there were points when we were stressed, undoubtedly, yes,”