Latest Stock Market News

StockHolding Services Ltd (SSL), a wholly owned subsidiary of StockHolding Corporation of India Ltd on Wednesday announced the launch of StockFin 2.0 app to cash in on growing stock market participation.

Nifty extended gains for a second session, driven by buying in financials, metals and energy. Holding above the 200-DMA, technical indicators signal improving momentum with analysts expecting the index to trade between 25,200 and 25,600 short term.

Indian equity benchmarks extended gains on Wednesday. CSB Bank, BEL, Vedanta, Hindustan Zinc, CarTrade Tech, Hindustan Copper and Shadowfax Technologies remained in focus.

Eight midcap stocks posted over 50% EBITDA growth in the December quarter, signalling stronger profitability and improved operational performance.

S&P Global Ratings on Wednesday upgraded Biocon Biologics ratings with a stable outlook.

Hindustan Zinc’s OFS drew strong institutional interest, with the non-retail portion subscribed 142%. Vedanta’s discounted stake sale reassured markets, lifted stock prices, and reinforced confidence in Hindustan Zinc’s cash flows, scale, dividends, and long-term investment appeal.

Domestic aluminium prices jumped to a record on MCX, tracking sharp gains on global exchanges. A weakening US dollar, supply constraints, and rising demand from EVs, renewables, and infrastructure supported bullish momentum and strengthened the near-term technical outlook.

Garden Reach Shipbuilders posted robust December quarter results, with profit up 74% and revenue rising 49% year-on-year, driven by strong execution, operating leverage, and a healthy order book supporting sustained growth along with interim dividend announcement and solid balance sheet.

European shares took a breather on Wednesday after two consecutive days of gains ‌as ‌investors parsed through a string of earnings updates and executive commentary, ‌while ASML hit a record high.

Adani Electricity Mumbai has secured a AAA credit rating from India Ratings, placing the private utility on par with India’s sovereign credit profile. The upgrade reflects regulatory support, declining leverage and improved operating performance following a turnaround since its acquisition in 2018.