Latest Stock Market News

Investors in Chinese stocks are losing patience as the long-awaited earnings recovery fails to materialize. Earnings estimates on key Chinese gauges have been significantly reduced, impacting the MSCI China Index.

​With respect to the budget expectation, as we think, industry have represented a few policy changes. First is on SARFAESI, as HFCs have no limit on the SARFAESI limit, NBFC have Rs 20 lakh, so that has been requested that they should be allowed to have full coverage when it comes to secured loan.

Oil prices fell in early Asian trade on Monday due to a stronger dollar and concerns of higher interest rates. Brent crude futures slid to $84.84 a barrel, while U.S. West Texas Intermediate crude futures were at $80.34. Geopolitical risks in the Middle East and issues in Ecuador impacted prices.

Positive growth in domestic markets for the third consecutive week with a focus on Adani Ports, Cipla, Prestige Estates, MCX, Lupin. Updates on Thomas Cook India, SAIL, Wipro, Prestige Estates, Lupin, Cipla, MCX, TVS Motor, CSC Grameen eStores.

IT infrastructure solutions provider Armee Infotech Ltd has filed preliminary papers with capital markets regulator Sebi to raise Rs 250 crore through an initial public offering (IPO).

The initial public offering (IPO) of Allied Blenders and Distillers will open for subscription on June 25. The issue closes on June 27. Through the public offer, the company plans to raise around Rs 1,500 crore.