Latest Stock Market News

HSBC on Friday raised its 2025 average gold price forecast by $100 to $3,455 per ounce, citing geopolitical tensions, economic uncertainty, and a weakening U.S. dollar, and projected prices could reach $5,000 in 2026.

Sovereign Gold Bond (SGB) 2017–18 Series III investors are set to receive a remarkable 338% return as its eight-year tenure concludes on October 16, 2025. The RBI has fixed the final redemption price at Rs 12,567 per gram, significantly higher than the initial Rs 2,866 per gram issue price.

Indian equities delivered a sobering 0% return over the past year, highlighting the risks of single-asset bets. In contrast, well-chosen corporate bonds offered positive returns of 8%-15%, insulating portfolios from volatility. Diversification across equities, bonds, and fixed deposits proved crucial for mitigating damage and achieving steady growth, even when equity markets remained flat.

The Sensex rallied 485 points to 83,952 on Friday, lifting six BSE 200 stocks — Muthoot Finance, SBI, Maruti Suzuki, Nestle India, M&M Financial, and TVS Motor — to fresh 52-week highs, signalling strong market momentum.

State-owned Bank of India (BoI) on Friday reported a 7.6 per cent rise in net profit to Rs 2,554 crore in the September quarter of FY26.The bank posted a net profit of Rs 2,374 crore in the July-September quarter a year ago.

Tenneco Clean Air India, a unit of US-based Tenneco, plans a Rs 3,000 crore IPO next month, seeking a $2 billion valuation. The offer, entirely an OFS via Tenneco Mauritius Holdings, comes amid India’s strong IPO wave. Axis Bank, JM Financial, HSBC, and Citigroup are advisors.

Shares of Yes Bank dropped nearly 5% to Rs 22.05 after SMBC clarified it has no immediate plans to raise its stake beyond 24.99%. SMBC’s India head Rajeev Kannan said the bank will focus on contributing to Yes Bank’s board as its largest shareholder and will not take on an executive role, citing ongoing areas the bank needs to address.

Hindustan Zinc (HZL) reported a 14% YoY rise in Q2 net profit to Rs 2,649 crore, with revenue up 3.5% at Rs 8,282 crore. Zinc and lead sales drove growth, while silver and wind energy segments also contributed, boosting margins and overall profitability.

Vedanta Group’s Hindustan Zinc Ltd (HZL) posted a consolidated profit after tax of Rs 2,649 crore in Q2 FY26, up 19% sequentially, driven largely by silver, which contributed nearly Rs 1,060 crore or 40% of total profits. Silver revenue rose 10% QoQ to Rs 1,706 crore, highlighting HZL’s strategic edge in precious metals alongside its core zinc business.