Latest Stock Market News

Indian market to trade lower with Nifty at 23460 levels. Chandan Taparia from Motilal Oswal Financial Services Limited provides F&O Strategy and expert stock recommendations with targets and stop loss levels.

MCX gold August futures fell by Rs 151 in June while silver MCX July futures dropped by Rs 6,390. Prices showed high volatility due to U.S. housing data and dollar index strength.

A total of 3,440 shares changed hands on the counter till 10:00AM (IST).

Asia shares subdued awaiting U.S. price data for inflation cues. Markets cautious of Japanese intervention as dollar tests 160 yen level. Geopolitical events like U.S. debate and French election add uncertainty.

Gold prices rose on Monday as Treasury yields fell, with investors awaiting economic data and comments from Federal Reserve officials for clarity on interest rate cuts.

20 companies, including Nifty companies Titan and IndusInd Bank, have set record dates this week to determine dividend payouts. Shareholders buying stock at least one day before the ex-date are eligible for dividends under the T+1 framework, where ex-date and record date align in most cases.

Eight stocks are under F&O trade ban, including Balrampur Chini Mills, GNFC, Hindustan Aeronautics, Hindustan Copper, Indus Towers, and Piramal Enterprises. Birlasoft exits ban list while Chambal Fertilisers and Granules enter. Ban lifted when open interest falls below 80%.

Companies like Tata Elxsi, Titan, and JSW Holdings are set to be in the spotlight this week with corporate actions such as dividends, stock splits, and annual general meetings lined up.

The National Company Law Tribunal (NCLT) has approved Raymond’s composite scheme of arrangement and restructuring, involving the demerger of its lifestyle business and the amalgamation of its consumer trading arm. The approval paves the way for a focused and streamlined corporate structure, separating Raymond Ltd and Raymond Lifestyle, with the integration of Ray Global Consumer Trading. Shareholders will receive equity shares based on the swap ratio post-restructuring.

Hinduja Group, the winning bidder for Reliance Capital, is reworking its fundraising plan to raise ₹7,500 crore from domestic and overseas private credit funds at 15%. The Reserve Bank of India seized control of Anil Ambani-owned Reliance Capital due to governance concerns. Nageswara Rao Y was appointed as the administrator.