Latest Stock Market News

The Dow Jones Industrial Average fell 30.13 points, or 0.08%, at the open to 38,804.73.

Vedanta Group comprising, Vedanta Ltd and Hindustan Zinc Ltd, have generated the maximum wealth for investors on the Dalal Street in the current fiscal so far, with the combined market valuation of both firms surging by Rs 2.2 lakh crore.

According to experts, the short-term trend of Nifty remains positive despite high volatility. After surpassing the resistance level of 22,250, the index shows a probability of moving towards the next resistance at 23,200 in the near term. Immediate support is at 22,640

Italy plans to adopt measures to beef up surveillance over risks tied to cryptoassets, including high fines for those who manipulate the market, a draft decree reviewed by Reuters showed on Thursday.

Barclays Plc and 360 ONE have been appointed as arrangers and underwriters for the issuance, according to sources who requested anonymity due to the private nature of the discussions. The arrangers began the syndication process last week to attract investors, and the deal is expected to be finalised within a month.

After gaining over 24% within three weeks since listing on bourses on May 23, the stock of Go Digit General Insurance has remained range bound following weak performance in the March quarter, which was declared on June 11.

The S&P BSE Sensex closed in the green for the sixth day in a row. The S&P BSE Sensex rose over 140 points while Nifty50 closed above 23,550.

The session will close randomly during the last ten minutes of order entry -- anytime between 35th and 45th minute of the order entry window. Such random closure will be system-driven, Sebi said in its circular.

The bank index witnessed mild profit taking at higher levels. This mirrors the broader trend. The index settled at 51,783. Bandhan Bank, Federal Bank, IDFC First Bank and ICICI Bank contributed majorly to the gains. SBI and IndusInd Bank saw selling pressure.

The Nifty Bank index closed 0.75 per cent up at 51783.25.