Latest Stock Market News

Paradeep Parivahan’s SME IPO, which opened on March 17, saw a 95% overall subscription by 2:10 PM on the final bidding day. The Rs 45 crore issue received 95% retail and 97% non-institutional investor subscriptions, while QIBs subscribed to 91% of their allotment.

Sensex and Nifty closed higher for the third session, led by metals and financials. Defence and steel stocks surged, while IT stocks declined. Vodafone Idea, IndiGo gained; Mastek fell on high volumes.

Divine Hira Jewellers, based in Mumbai, specializes in designing and selling high-quality 22 Karat gold jewelry. The company mainly caters to wholesalers, showrooms, and retailers, providing a diverse selection of jewelry.

European shares slipped on Wednesday, a day after strong gains on Germany s approval for a massive spending surge, while focus shifted the U.S. Federal Reserve s interest rate decision.

Sensex and Nifty rose for the third session, led by metals and financials. Gains were capped ahead of the US Fed decision. Four Nifty 200 stocks hit 52-week highs/lows.

Mohit Gulati, Managing Partner & CIO at ITI Growth Opportunities Fund, anticipates robust IPO market growth despite valuation corrections. Although corporate greed and high valuations have marked recent years, a more realistic pricing approach is expected. Quality papers and tech-related IPOs, particularly in fintech, are likely to dominate, requiring better corporate governance and market communication.

Rohit Srivastava, Founder of Strike Money Analytics, highlights the strength of Bank Nifty and its resistance to falling significantly. He predicts the metal sector will perform well due to a weak dollar and also sees growth potential in oil marketing companies due to low oil prices. Srivastava also focuses on the NBFC segment within financials for better market performance.

BYD’s stock has surged 40% in 2025, pushing its market cap to $165.7 billion—surpassing the combined valuation of India’s top five automakers. The rally is driven by its new ultra-fast charging tech, which powers an EV in five minutes, reinforcing BYD’s dominance in the global EV market.