Latest Stock Market News

Zara owner Inditex on Wednesday reported a slower start to its first quarter starting February 1, raising questions around its ability to keep building on rapid recent growth and sending its shares down 8%.

Rate this item

(1 Vote)

The Sensex dropped 72 points to 74,030 on Wednesday, while five BSE Healthcare stocks hit 52-week lows. Investors view such lows as potential buying opportunities or signs of underlying issues, using them to assess market sentiment and price trends.

Super Iron Foundry’s SME IPO saw a 45% subscription on Day 2, with strong retail interest at 84%. The IPO, priced at ₹108 per share, has a ₹15 grey market premium, signaling a 14% listing gain potential.

Rate this item

(1 Vote)

Wall Street s main indexes opened higher on Wednesday after data showed cooling inflation, although concerns about the economic impact of U.S. President Donald Trump s trade policies tempered optimism.

Macquarie warns that if IndusInd Bank s stock drops below Rs 600, the Hinduja Group may need to pledge up to 80% of its holdings. Analysts highlight risks for other Hinduja-led entities, as the group faces debt repayment challenges and collateral pressures.

India s central bank is examining derivatives exposures of some private and state-run banks days after IndusInd Bank disclosed lapses in its derivatives accounting, three sources said on Wednesday.

crude oil prices: Crude oil prices are expected to stabilize between ₹5,300-₹6,000 on MCX amid oversupply concerns and weak demand. Investors should adopt strict risk management and buy dips, while swing traders may sell on rises. Geopolitical tensions and economic growth could impact prices.

Aster DM Healthcare on Wednesday said its promoters have reduced their share pledge from 99 per cent to 41 per cent after completing a debt refinancing transaction from top-tier global financial institutions.

Indian markets closed flat with a negative bias as Sensex dipped 72 points and Nifty50 ended below 22,500. Sectoral performance was mixed, with gains in power and banking but declines in IT, realty, and metals.

Motilal Oswal identifies Reliance Industries, Bharti Airtel, and Angel One as top picks across large, mid, and smallcap segments, emphasizing their strong earnings growth and business momentum despite market corrections, offering long-term investment potential.

Warning! Information Posting in this website is only for educational purpose. We are not responsible for losses incurred in Trading based on this information.