Latest Stock Market News

Canara HSBC Life Insurance raised Rs 750 crore from 33 anchor investors in its IPO, with mutual funds like ICICI Prudential and HDFC among the top participants. Shares were allotted at Rs 106 each, including a share premium of Rs 96 per share on a face value of Rs 10 per share.

Chris Wood cautioned that the US stock market’s AI-driven rally may be nearing its peak, comparing current exuberance to the Nasdaq boom of 2000. With margin debt up 33% year-on-year and valuations at record highs, GREED & fear has decided to remove Nvidia from its global equity portfolio after a 595% gain, replacing it with Greece’s Gek Terna.

Indian markets are on a strong upward trajectory. The Nifty50 has surpassed a significant resistance level, indicating a positive market outlook. Experts suggest a "buy on dips" approach for investors. All-time highs for Nifty and Bank Nifty are anticipated within the current calendar year or by the end of FY25.

Vascon Engineers Ltd on Friday said it has bagged a Rs 161 crore project from MSEB Holding Company Ltd for the redevelopment of the Saudamini Building in Mahalaxmi, Mumbai.

YES Bank shares have surged to a 52-week high. This rally is fueled by Japanese financial major Sumitomo Mitsui Banking Corporation s stake acquisition. Investors are also anticipating the bank s upcoming Q2 FY26 results. The stock has shown strong performance recently, with significant gains in the past month and year-to-date. Technical indicators suggest a bullish momentum.

LG Electronics India’s mega IPO has drawn record-breaking interest, with bids far exceeding expectations. Notably, microcap Winro Commercial placed unusually large bids through leveraging. High subscription rates from institutional and retail investors underline strong demand, while brokerages remain optimistic about LG’s market dominance and growth potential despite premium valuations.

Tata Consultancy Services is investing seven billion dollars in data centres and AI infrastructure. This marks a significant strategic move for India s largest software exporter. The company also saw a three percent fall in employee numbers. Experts believe this investment is a positive step for future growth. Other Indian IT firms may follow this capital allocation strategy.

Bharti Telecom, the holding company of Bharti Airtel, is set to launch its largest bond sale of the current fiscal year. The company aims to raise 150 billion rupees through bonds maturing in two and three years. This fundraising is expected to be at significantly lower rates than last year. Mutual funds are anticipated to be major buyers.

Indian IT firms anticipate a strong comeback in FY26. Global trends and increased AI use will drive growth. The Indian stock market also looks set for a recovery. Factors like tax cuts, liquidity, and infrastructure spending are boosting the economy. Positive surprises are expected to lift markets as earnings improve.

Canara Robeco AMC IPO Day 2: As of October 10, 2025, the Canara Robeco IPO has a Grey Market Premium of ₹20, implying a projected listing price of ₹286 against the upper band of ₹266, offering an estimated gain of about 7.5% per share.