Latest Stock Market News

Bitcoin neared $124,610, Ethereum reclaimed $4,700, and BNB hit a fresh all-time high above $1,200, supported by strong institutional inflows, a weaker dollar, and positive technical indicators. The broader cryptocurrency market showed robust gains over the past week.

Goldman Sachs has significantly boosted its gold price forecast to $4,900 per ounce by December 2026, citing robust ETF inflows and anticipated central bank purchases. Analysts believe risks lean towards further upside, driven by private sector diversification and potential U.S. interest rate cuts, pushing gold towards the $4,000 mark.

J.P. Morgan upgrades eurozone equities to “overweight,” citing attractive valuations, policy support, and growth catalysts. Analysts highlight sector opportunities, manageable risks, and a Euro Stoxx 50 year-end target of 5,800.

LG Electronics India and Tata Capital have launched significant IPOs, collectively worth over Rs 27,000 crore, creating a competitive investment landscape. While Tata Capital aims to bolster its lending business, LG Electronics India, a market leader in home appliances, is drawing investor attention with its strong financials and brand power.

Brokerages are recommending five Nifty stocks for investors. These companies operate in sectors like automobiles, defense, infrastructure, and finance. Analysts see potential returns of up to 19 percent. Tata Motors, Bharat Electronics, Maruti Suzuki, Bajaj Finance, and Larsen & Toubro are among the stocks with new buy calls. Strong order books and demand are key factors driving these recommendations.

Finance Minister Kato emphasised stable yen movements amid recent weakness. Political changes and fiscal stimulus expectations are driving volatility, impacting inflation, consumption, and investor sentiment, while the government monitors the market closely.

Fabtech Technologies debuted on the NSE and BSE at its IPO price of Rs 191 per share, aligning with grey market expectations. The company, a biopharma engineering firm specializing in turnkey projects, saw a 2.04x subscription, reflecting investor confidence in its growth story.

Trent shares: The Tata Group firm posted a 17% year-on-year (YoY) rise in standalone revenue for the June quarter, reaching ₹5,002 crore compared to ₹4,260 crore in the same period last year. During the quarter, it also launched 40 Zudio stores and 13 Westside outlets.

Tata Capital IPO: The Grey Market Premium (GMP) remains muted at about 3.7% above the issue price. The IPO includes a fresh issue of ₹6,846 crore and an offer for sale (OFS) of ₹8,666 crore by promoter Tata Sons, which currently owns 95.6% of the company.

Jefferies says planned expansions by leading hospital chains will not cause overcapacity in India, citing strong demand and low bed density compared to global standards. With about 32,000 beds to be added, the brokerage is bullish on Max Health, citing attractive valuations and robust growth prospects amid rising healthcare demand.