Latest Stock Market News

Nifty closed higher for the third consecutive week, nearing its record high of 26,277. Analysts suggest banking, financials, and consumption-themed sectors like automobiles and FMCG are strong bets. Investors are advised to buy on dips, with cautious outlook for IT and media sectors.

The Indian rupee s value against the US dollar has fallen significantly. Its real effective exchange rate reached its lowest point since October 2018. This makes Indian goods cheaper globally, helping exporters. The Reserve Bank of India has intervened to stabilize the currency. Earlier this year, the rupee was overvalued due to similar interventions.

The government is upgrading its portal to quickly return unclaimed shares and dividends to investors. This new system will use artificial intelligence and data analytics. The aim is to settle claims in just 15 days. Investors will also be able to use a mobile app to track their claims. This initiative will streamline the process significantly.

Asian markets opened higher on Monday. Easing trade tensions between the US and China are boosting investor confidence. Upcoming trade talks and China s economic data are key events. Investors are also watching Japan s prime ministerial vote. Geopolitical developments in Gaza and France s credit rating are also noted.

Indian stock markets will operate on October 20. A special Muhurat trading session is scheduled for October 21, marking the new Samvat year. The markets will be closed on October 22. Experts anticipate festive optimism and corporate earnings to influence market sentiment. Investors are advised to focus on quality stocks.

Indian markets closed the week strong with Nifty 50 reaching a new 52-week high. Investors are now watching quarterly results from Reliance Industries, HDFC Bank, and ICICI Bank. Other companies like JSW Energy and RBL Bank also reported significant developments. Sobha Realty plans major project launches. Federal Bank will consider fundraising plans. IndiGo is expanding its wide-body aircraft fleet.

Indian companies are showing robust profit growth, with a double-digit year-on-year increase in net profit for the fourth consecutive quarter. While sectors like oil, gas, and retail are performing well, banking, finance, and IT are lagging. Analysts anticipate a multi-quarter earnings upcycle, boosted by economic stimuli and policy measures.

Nine Nifty500 stocks, including Aditya Birla Real Estate, Gravita India, and Suzlon Energy, show analyst-backed upside potential of 35–75%, reflecting bullish sentiment and strong earnings outlook.

About 45 companies, including HUL, Kotak Mahindra Bank, Colgate Palmolive, and Dr. Reddy’s, are set to announce Q2 results this Diwali week, highlighting trends in FMCG, banking, pharma, IT, and consumption.