Latest Stock Market News

India awaits the Lok Sabha election results with anticipation, largely expecting a win for the Modi-led NDA alliance. Analysts foresee policy continuity and market stability if expectations materialize, but unexpected outcomes could trigger short-term market volatility. Regardless, experts suggest viewing any market dips as buying opportunities.

Stock market hits record highs but clients face trading issues due to CDSL system failure with TPIN authorization for selling shares.

Government bond yields closed at their lowest in over two years, and the rupee saw its largest single-day gain since December, driven by exit polls predicting a strong NDA victory in the general elections.

Continuum Green Energy, a renewable energy generator, plans to raise $650 million in bonds to refinance existing debt, with Deutsche Bank, HSBC, JPMorgan, and Standard Chartered Bank as arrangers.

U.S. stocks mixed as economy slows. S&P 500 up 0.1%. Dow down 0.3%. Nasdaq up 0.6%. Manufacturing shrinks, affecting Treasury yields. Companies struggle with high interest rates. Tech stocks soar. GameStop rises. AMC climbs. Waste Management to buy Stericycle. Bond market sees yield fluctuations. Investors watch economic reports.

Oil prices fell with Brent crude at $78.16 and U.S. West Texas Intermediate at $74.05. OPEC+ extended output cuts into 2025. GasBuddy data indicated a decline in U.S. gasoline prices.

Tokyo stocks opened lower on Tuesday as a slightly higher yen and falls in the US Dow index weighed on the market. The benchmark Nikkei 225 index was down 0.45 percent, or 175.29 points, at 38,747.74 in early trade, while the broader Topix index was down 0.33 percent, or 9.33 points, at 2,788.74. kh/kaf/smw

Indian markets surge as exit polls predict a strong majority for the Bharatiya Janata Party-led National Democratic Alliance. Public sector enterprises, state-run banks, and infrastructure stocks record gains, with analysts projecting sustained rally and double-digit returns in equities.

Last two, two-and-a-half years we have been significantly overweight on PSU banks in our model portfolio. In fact if you look at our model portfolio, the highest overweight across sectors stands at PSU bank and that has worked very well for us.

​I think the more the uncertainty reduces, the higher the markets can go in terms of valuations and that applies to stocks specifically and that applies to the markets in general also.