Latest Stock Market News

As Diwali approaches, brokerages have identified 15 smallcap stocks poised for significant growth, with potential upsides reaching up to 120%. Analysts anticipate strong returns driven by improving domestic demand, manufacturing policy support, and a favorable interest rate outlook. Key picks include Hindustan Construction Company, Fiem Industries, and Shakti Pumps.

Philadelphia Fed chief Anna Paulson signalled potential further rate cuts amid rising labour market risks, stable inflation expectations, and tariff impacts, stressing gradual policy moves and flexibility to balance employment and price stability.

LG Electronics India’s ₹11,600 crore IPO saw a blockbuster debut, with shares surging 50% above the ₹1,140 issue price to ₹1,710 on NSE and ₹1,715 on BSE. The IPO quickly earned at least seven buy ratings, reflecting strong analyst confidence and marking a rare success in India’s consumer durables sector.

Ace investor Ashish Kacholia has reshuffled his portfolio. He made two new investments in V-Marc India and Jain Resource Recycling. Kacholia also increased his stake in Vasa Denticity. He reduced his holdings in Brand Concepts and Dhabriya Polywood. These changes reflect his strategy in mid and small-cap stocks.

US federal shutdown may become historic as Republicans refuse to negotiate on healthcare, leaving thousands furloughed, government operations halted, and essential services disrupted, while military and key workers continue to receive pay.

Tata Motors Demerger: Tata Motors shares experienced a notional 40% drop as its commercial vehicles business demerged into a new entity, TMLCV. The parent company, renamed TMPV, will now focus on passenger vehicles, EVs, and JLR. Brokerages anticipate clearer valuations and value unlocking from the split.

Aniruddha Naha of PGIM India AMC sees opportunities in small and microcap companies. He points to businesses with clean balance sheets and strong cash flows in sectors like water and recycling. Chemicals also present potential wealth generation. Naha emphasizes assessing a company s technology moat to navigate competition. He advises avoiding expensive segments and companies driven by stories without numbers.

Canara HSBC Life Insurance IPO: The IPO’s grey market premium (GMP) is modest, hovering below 1% above the ₹106 price band. It is a pure offer-for-sale (OFS), with existing shareholders selling 23.75 crore shares. The issue is set to close on Tuesday, October 14.

LG Electronics India made a strong debut on Dalal Street, listing at a 50% premium over its Rs 1,140 issue price. The IPO’s success, rare among India’s Rs 10,000-crore-plus issues, is attributed to reasonable valuations, dominant market positioning, and robust earnings visibility. With a diversified portfolio across home appliances, TVs, and ACs, LG continues to outpace peers in margins and growth.

Trump set to meet Xi at APEC to ease US-China tensions. Trade disputes, rare earth controls, and tariffs remain key issues, while markets rebound and communication channels stay open.