Latest Stock Market News

As many as 34 entities have settled proceedings related to alleged violations of takeover norms in the matter of Shalimar Paints Ltd with markets regulator Sebi on payment of Rs 3.04 lakh.

Jyotivardhan Jaipuria shares his market outlook, favoring banking and pharma stocks while remaining cautious on metals. He sees opportunities in consumer discretionary over FMCG and identifies key investment themes for 2025, emphasizing sectoral growth potential and valuation advantages.

Wall Street s main stock indexes opened lower on Monday as investors assessed the latest batch of economic data to gauge the impact of President Donald Trump s tariffs on the economy.

Jyotivardhan Jaipuria, Founder & MD, Valentis Advisors, is more optimistic about the market after the correction. He believes valuations are now reasonable. He sees potential in sectors like banks, pharma, white goods, travel, and auto ancillaries. Jaipuria anticipates an 8% earnings growth in the March quarter and 11-12% next year.

Gold and silver prices hit fresh record levels on Monday, rallying Rs 1,300 each, tracking strong trends in the global markets amid uncertainty over US tariffs, trade tensions and growing expectations of monetary policy easing by the Federal Reserve.

Sensex surged 341 points to close at 74,170, with six BSE smallcap stocks hitting their 52-week highs. These stocks, including NACL Industries and Avanti Feeds, saw significant gains, indicating strong investor confidence and growth potential in select sectors.

Domestic Institutional Investors (DIIs) hold over 40% in key Nifty200 stocks, indicating strong confidence. Top holdings include Federal Bank, Coforge, IRB Infrastructure, ICICI Bank, and ITC.

Indian benchmark indices gained momentum, driven by banking and auto stocks. ICICI Bank and Axis Bank led the rally, supported by positive global cues. KEC International, Muthoot Finance, Varun Beverages, and Voltas surged, while Ola Electric Mobility declined 7.2%.

Paradeep Parivahan IPO saw a subdued start, with an overall subscription of 9% on day one. The retail segment was subscribed 17%, while NIIs stood at 5%. The Rs 45 crore issue comprises 45.78 lakh fresh equity shares and closes on March 19. The allocation includes 50% for QIBs, 35% for retail, and 15% for NIIs.

​The Indian rupee strengthened for the third consecutive session on Monday, helped by dollar sales by exporters and foreign banks, coupled with a broadly softer greenback that hovered near a five-month low against its major peers.