Latest Stock Market News

Keki Mistry anticipates India s growth to reach or closely approach 7% in the latter half of the year, contingent on positive monsoons and low food prices. He suggests the Reserve Bank of India might expedite rate cuts and liquidity measures to boost economic growth. Key sectors expected to benefit include FMCG, retail, and IT, particularly due to currency depreciation.

Kotak Equities also highlighted a significant drop in LIC’s equity investment portfolio and noted weak business momentum. However, they pointed out that the current valuations, at 0.58X (trailing) for September 2025E, already reflect these factors.

Additionally, the Multi Commodity Exchange (MCX) will remain closed for the festival during its morning trading session from 09:00 am to 5:00 pm, as per their website. However, the exchange will be open for its evening session from 5:00 pm to 11:30 pm.

Pi Network Coin surged 13% to $1.68 on Thursday but remains 44% below its all-time high of $2.98. The broader crypto market rebounded, with Bitcoin hitting $84,000 and XRP rising 4%. The recovery follows a sharp sell-off earlier in the week due to macroeconomic uncertainties and concerns over Trump’s tariff policies, which had pushed Bitcoin below $77,000.

U.S. consumer prices rose by 0.2% in February, slowing from a 0.5% increase in January. Excluding food and energy, core CPI also increased by 0.2%, down from 0.4% the previous month. This data was closely monitored amid weaker economic indicators and the potential inflationary impact of Trump s tariff policies.

Four Nifty200 stocks—Astral, IDFC First Bank, LTIMindtree, and Delhivery—hit their 52-week lows despite marginal gains in equity benchmarks.

IndusInd Bank shares have plunged 30% in a week, driven by the MD’s shorter-than-usual extension and a Rs 1,577 crore net worth hit due to an accounting gap. Investor sentiment has turned negative, but CLSA remains bullish, maintaining an Outperform rating with a Rs 900 target price, implying a 31% upside from Wednesday’s close.

Pankaj Tibrewal highlights market downturn causes, fiscal stability, corporate earnings, and investment strategy. He sees value in private banks, NBFCs, metals, and consumer discretionary stocks amid improving fundamentals and potential FII inflows.

PB Fintech s stock dropped 10% after announcing a Rs 696 crore investment in PB Healthcare Services. Analysts maintain a Hold rating, citing bearish technicals. The stock remains below key moving averages.