Latest Stock Market News

Gold surged over 2% to Rs 1,23,840 per 10 grams amid US-China trade tensions and a weaker rupee. Analysts advise buying on dips near Rs 1,22,000, with key support at Rs 1,20,800 and targets toward Rs 1,25,200, as macro uncertainty fuels safe-haven demand.

Silver prices surged to near $52 an ounce, their highest in decades, driven by a historic short squeeze in London and strong investor demand for precious metals. Gold also hit a record high above $4,068 an ounce, extending its eight-week rally, while platinum and palladium joined the broad-based upswing.

Indian markets are consolidating, a healthy phase before a strong breakout. Global markets are driven by AI, with tech giants leading. India missed this wave but has structural growth in defence, online retail, and green energy. New leaders are emerging from midcaps and high-growth sectors. This period is a rest before the next sprint.

LG Electronics India is set to debut on Tuesday at a 30–33% premium, valuing shares near Rs 1,500. Strong financials, record subscription, and robust brand fundamentals underpin the optimism. Analysts say valuations remain reasonable, with scope for another 15–20% upside post-listing, driven by growth in India’s consumer electronics market. Investors are advised to hold long term as LG’s profitability, zero debt, and high returns make it a sector standout.

Jefferies has initiated coverage on AU Small Finance Bank with a Buy rating and a target price of Rs 910, implying a 19% upside. The brokerage highlighted AU’s transition to a universal bank by mid-2026, which is expected to lower funding costs, boost fee income, ease regulatory requirements, strengthen the brand, and improve talent retention.

Veteran investor Sandip Sabharwal advises caution on precious metals, suggesting a pause in allocation due to bubble territory valuations. He remains bullish on the auto sector s secular growth and sees a strong second half for hospitality, while highlighting the defense sector s self-reliance drive and the challenges in evaluating food delivery services like Swiggy.

Vodafone Idea shares saw a dip on Monday after the Supreme Court deferred its AGR plea hearing to October 27. The delay prolongs uncertainty over the telecom giant’s Rs 5,606 crore liability, even as the government hints at a possible one-time settlement to ease financial strain.

European shares steadied on Monday, aided by a bounce in technology and mining stocks, after worries about growing U.S.-China trade tensions hammered markets on Friday.

Tata Capital received buy ratings from Emkay and JM Financial on its first trading day, despite a muted listing at Rs 330, just 1% above the IPO price. Both brokerages set a target of Rs 360, signaling 10% upside. Analysts cited Tata Group parentage, strong brand, and improving financials as key drivers for potential long-term returns.