Latest Stock Market News

SEBI has integrated DigiLocker to help investors securely store and access their demat and mutual fund holdings. The initiative simplifies asset management, enhances transparency, and ensures seamless access for nominees, addressing the issue of unclaimed securities in the market.

Mutual fund shareholding in five Nifty200 stocks declined in the December quarter compared to September, signaling possible investor concerns or strategic shifts.

MCX will launch 10-gram gold contracts for trading from April 1, 2025, with a minimum price movement of Re 1. The initiative aims to attract small traders and jewellers, offering flexible trading and hedging opportunities with structured price limits.

The Nifty Realty index closed 2.8 per cent up at 845.35.

India s Shapoorji Pallonji Group is likely to raise around $3.3 billion through sale of bonds in the first quarter of the next financial year, two merchant bankers said on Wednesday.

Indian Overseas Bank received board approval to raise Rs 10,000 crore via long-term infrastructure bonds in multiple tranches. The funds will support infrastructure and affordable housing. Several public sector banks have raised similar bonds to boost credit growth. These bonds offer cost advantages due to regulatory exemptions.

Tata Communications surged 4.9% to ₹1,578.45 after JM Financial initiated coverage with a "buy" rating and a target price of ₹2,030, citing the company’s transformation into a digital solutions provider and strong growth potential in cloud, security, and AI services.

In the last 12 months, REC Ltd has announced equity dividends of Rs 21.30 per share, as per Trendlyne data. Based on a share price of Rs 428.45, REC s dividend yield is 4.97%.

ETMarkets analysis of mutual funds highlights stocks exclusively held by a single scheme.

The Indian rupee strengthened on Wednesday, touching a near two-month high, supported by dollar sales from foreign banks and seasonal inflows even as its regional peers dipped ahead of the U.S. Federal Reserve s policy decision.