Latest Stock Market News

Motilal Oswal Mutual Fund sold ₹645.84 crore worth of Zomato shares, causing a 4.71% drop in stock price, despite a 15.8% gain over the past month.

A total of 22 companies, including Asian Paints and LTIMindtree, will announce their first quarter results. Analysts predict revenue growth and profit increases for both companies. Investors are advised to keep an eye on key performance indicators and market commentary.

Analysts recommend investing in silver as it is expected to outperform other asset classes in the next year. With strong industrial demand and potential interest rate cuts, buying on dips could yield significant returns. Consider a tactical allocation for potential gains.

Pawak Parekh of Geojit Financial Services, says overall, one should consider remaining positive on the market, but look at every sector and every stock position has to be by bottoms-up approach, based on the merits and valuations of that company. The last thing one should consider investing in now is the rural theme.

Many renewable energy businesses, such as solar electricity generation companies, are trading at about four times price-to-book, which is high. Currently, the return on equity (ROE) for most solar electricity generation companies is not very high compared to their costs, indicating that much of the future growth is already priced in.

Wall Street rose as Dow hit high on U.S. retail data. Nvidia, Microsoft limited Nasdaq. Small caps, Russell 2000 gained. Dow transportation, value stocks surged. September rate cuts likely, said Greg Bassuk. UnitedHealth, Bank of America profits exceeded expectations. Mixed results for Morgan Stanley, Schwab. S&P 500 saw gains; trading volume was high.

Oil prices dip while gold and silver see an increase. Currency exchange rates fluctuate slightly. Stay updated on the latest market trends.

Global markets react anxiously to the potential impact of a Trump victory, with stocks dipping and currencies fluctuating. Speculation on future rate cuts and trade tensions add to the volatile atmosphere. Gold prices surge near record highs while oil prices slide. Will the world economy weather the storm?

Ola Electric, led by Bhavish Aggarwal, plans a $4 billion IPO, down from a $5.4 billion valuation with Temasek, aiming to raise ₹5,500 crore. The company has cut costs and laid off staff, affecting market share. Competing with FirstCry and Swiggy, its draft prospectus includes a 95.2M share OFS. Ather offers competition. Vahan data shows market revival.

"We initiated a process to consider structural opportunities for Orkla India, including conducting an IPO readiness study. The results of the study are encouraging. And we will now proceed with an evaluation of accessing the capital markets in India. Any conclusion should not be expected until sometime 2025," Nils Selte, president and CEO at Orkla, told investors. "There are a lot of things to do before we are good to go."