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Latest Stock Market News

The share allotment for Indiqube Spaces has been finalised today. Investors who subscribed to the Rs 700-crore IPO can now verify their allotment status on the registrar’s website — MUFG Intime India Pvt Ltd (Link Intime).

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Since October 2024, the Indian stock market has been very volatile, with corrections, global disruptions, and a growing gap between fundamentals and valuations.

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India’s signing of its 13th Free Trade Agreement (FTA), this time with the United Kingdom, marks a watershed moment in our trade and economic journey.

The markets continued to remain under pressure as the Nifty logged its fourth straight week of losses. Although the index attempted a recovery in the early part of the week, it failed to move past the previous week’s high of 25,250, leading to a broad-based sell-off in the final two sessions.

The IPO market is bracing for a blockbuster week starting July 29 with 14 new issues lined up across mainboard and SME platforms. The combined fundraising target crosses Rs 7,000 crore, led by marquee names like National Securities Depository Ltd (NSDL) and Aditya Infotech, while several SME offerings aim to ride the retail frenzy.

Indian benchmark indices ended the week lackluster, with Nifty finishing the week 0.5% lower. A host of important domestic and global events lined up during the week are likely to impact stock markets when they resume trading on Monday.

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