Latest Stock Market News

Sebi has cleared IPO proposals of five companies, including Innovatiview India, Jinkushal Industries, Advance Agrolife, Runwal Enterprises, and Park Medi World. The issues comprise both fresh equity and Offer-for-Sale components. Proceeds will fund expansion, debt reduction, and shareholder exits. Companies can now proceed to launch IPOs after finalizing timelines.

Rohit Srivastava suggests the market has improved since April, with weaker stocks shaken out, but warns of potential consolidation or a further dip before a full recovery. He anticipates a longer-term bull run post-September, projecting significant growth over the next 18 months to two years, potentially reaching Nifty levels of 30,000-35,000.

Japan s Nikkei share average slid for a second day on Wednesday, coming off of record highs, dragged lower by chip-related companies.

European equities slipped on Wednesday, retreating from a five-month closing high in the previous session, after tech stocks tracked dour performances of their Wall Street peers and as the defence sector faced pressure for a second day.

Gold October futures held steady near Rs 98,800 per 10 grams on MCX despite a strong dollar and easing geopolitical concerns. Analysts warn more downside is likely ahead of the Fed’s Jackson Hole speech, with prices expected to stay volatile alongside silver.

A potential GST cut on automobiles could spark a rally in auto stocks, with Mahindra & Mahindra, Maruti Suzuki, Ashok Leyland, and TVS Motor seen as key beneficiaries, Nomura said. The brokerage’s scenario analysis suggests upside across all cases, highlighting margin gains and demand boost potential, though Maruti’s near-term outlook remains Neutral pending clarity on the tax cut.

In FY26 so far, 11 stocks within the BSE Auto Index have delivered double-digit gains, with eight names — such as Hyundai Motor India, Bosch, UNO Minda, Hero MotoCorp, TVS Motor, Ashok Leyland, MRF, and Mahindra & Mahindra — soaring between 25% and 50%.

Rajesh Bhatia of ITI MF advocates for including telecom stocks in core portfolios, highlighting tariff increases and growing free cash flow. He also favours digital economy companies like PB Fintech and Zomato, citing their rapid growth and potential profitability. Bhatia expresses less optimism about oil and gas, preferring sectors with predictable growth.

Nitish Mittersain of Nazara Tech clarifies the online gaming rules impact. He states PokerBaazi stake doesn t affect consolidated revenue. A past PAT loss of ₹20-25 crore from Moonshine is noted. Future investments are under evaluation pending bill details. Existing investments in PokerBaazi might face write-offs. Nazara is well-capitalized with ₹800 crore cash.

Saurav Ghosh of Jiraaf highlights high-yield corporate bonds as attractive in 2025. Equity market volatility and global trade shifts favor debt. India s strong economy and healthy corporate balance sheets support this. Rate cuts are expected, boosting debt markets. Online bond platforms are gaining traction. High-yield bonds offer stability and predictable returns for investors seeking diversification.