Latest Stock Market News

Trent’s standalone June quarter revenue grew 17% YoY to Rs 5,002 crore, supported by 53 new store openings. Profit rose 9% YoY, but shares fell 2.3% amid slowing growth.

Gold prices skyrocketed by Rs 9,700 to scale a fresh peak of Rs 1,30,300 per 10 grams in the national capital on Monday, lifted by safe-haven buying in the overseas markets and depreciation in the Indian rupee.

Farm Peace, an integrated contract farming company, on Monday said it has filed preliminary papers with BSE s SME platform to raise funds through an initial share sale.

Wall Street s main indexes opened higher on Monday, building on last week s gains, as AMD s chip-supply tie-up with OpenAI became the latest in a series of AI deals and offset concerns around a prolonged federal government shutdown.

Sebi imposed fines of Rs 30 lakh and Rs 5 lakh on former Brightcom Group independent directors for financial statement irregularities between FY15-FY20, which inflated profits by Rs 1,280 crore and misled investors during share sales.

AMD said on Monday it will supply artificial intelligence chips to OpenAI in a multi-year deal that would bring in tens of billions of dollars in annual revenue and give the ChatGPT creator the option to buy up to roughly 10% of the chipmaker.

Over 1 lakh unlawful contents were removed from social media platforms in the last 18 months, Sebi Chairman Tuhin Kanta Pandey said on Monday highlighting the need to save gullible investors from fraudsters.

Nifty and Sensex extended gains for the third session, led by IT, banking, and healthcare stocks. Analysts see potential rally toward 25,500 if Nifty sustains above 25,020. Experts recommend buying Nykaa and Avalon Technologies for double-digit gains.

SBI Life Insurance, Aditya Birla MF, Morgan Stanley, Goldman Sachs, and other entities have cumulatively acquired over 7.31 crore shares, representing a 6 per cent stake, in Aditya Birla Lifestyle Brands from Flipkart Investments for Rs 998 crore through open market transactions on Monday.

SEBI Chairman Tuhin Kanta Pandey advises retail investors to avoid speculative derivative trading, emphasizing risks and urging informed, long-term investment strategies to prevent losses and promote responsible participation in India’s securities market.