Latest Stock Market News

Rubicon Research debuted on stock exchanges with a significant 27.9% premium, opening at Rs 620. The Rs 1,377 crore IPO saw overwhelming demand, subscribed 109 times, driven by strong QIB interest. Analysts cite robust financials, a specialized US generics portfolio, and a scalable model for the excitement.

Canara Robeco AMC is poised for its market debut on October 16, with early indicators suggesting a modest listing around Rs 285-290 per share, slightly above its IPO price. Despite strong investor demand, particularly from QIBs, analysts note the IPO was fully priced, leaving limited room for immediate upside. Long-term investors may benefit from India s growing mutual fund penetration.

Indian markets have experienced a lacklustre year due to global trade uncertainties and slowing growth. Ashi Anand of IME Capital anticipates a range-bound market until clarity emerges on these issues. The upcoming Q2 earnings season is crucial for assessing corporate recovery and laying the foundation for future market performance.

Gold and silver futures hit record highs on October 16, with gold reaching ₹1,28,395 per 10 grams and silver at ₹1,64,150 per kg, driven by strong investor demand for safe-haven assets. Global factors like geopolitical tensions, expectations of U.S. rate cuts, and a weaker dollar further supported the rally.

Jio Financial Services shares are gaining momentum. Analysts expect strong Q2 FY26 results. The stock is consolidating above Rs 300-Rs 310. Investors will watch profit and revenue growth. Consumer business performance and the BlackRock partnership are key. Technically, the stock is in a bullish setup.

Markets regulator Sebi on Wednesday extended the timeline to January 31, 2026, for disclosing the allocation methodology by angel funds in their Private Placement Memorandum (PPM).

Markets regulator Sebi chairman Tuhin Kanta Pandey on Wednesday called on public interest directors (PIDs) to ensure that the "public interest" perspective remains central to all key decisions taken by the governing boards of market infrastructure institutions (MIIs).

Renewed U.S.-China trade tensions pose new downside risks to the economic outlook, making it more important that the U.S. central bank cut its benchmark interest rate, Federal Reserve Governor Stephen Miran said on Wednesday.

Market regulator Sebi has banned eight people from capital markets. They are accused of insider trading in Indian Energy Exchange shares. This activity allegedly resulted in illegal gains exceeding Rs 173 crore. The ban is interim and effective immediately. Sebi initiated an examination after a significant fall in IEX shares following a CERC directive.

Gold and silver remain supported by global uncertainty, US-China tariff tensions, and supply constraints, with gold trading near ₹1,23,700 per 10 grams and silver at ₹1,52,000 per kg, offering buy-on-dips opportunities.