Latest Stock Market News

LG Electronics India IPO: In the grey market, the IPO is commanding a premium of ₹305, or about 26.75% above its issue price of ₹1,140, indicating a likely listing price near ₹1,445.

Gold hits a record $4,000/oz, driven by economic uncertainty, Fed rate cut expectations, and central bank buying. Investors can access gold via spot, futures, ETFs, or physical bars and coins.

Axis Securities expects an earnings recovery in H2 FY26, led by fiscal and monetary reforms, GST cuts, and improved consumption, though Q2 may remain muted. Downgrades hit IT, BFSI, and Pharma, while Cement shows strength. Nuvama warns of global headwinds from US tariffs affecting BSE500 top lines. Investors should monitor global macros, festive demand, and BFSI asset quality.

Gold futures on MCX hit a record high of Rs 1,22,101/10 grams, driven by global uncertainties and anticipated monetary easing. Silver also surged. Investors are flocking to gold as a safe haven amid geopolitical tensions and economic worries, with central banks and ETFs contributing to the bullish trend. Analysts note a fear of missing out is also fueling the rally.

Indian government bonds are poised for a slight uptick on Wednesday, with bulls showing favor, though a key resistance level for the benchmark yield may temper significant gains. Investors are adopting a cautious stance, awaiting Friday s bond auction for further directional cues amidst receding supply pressures.

Shares of Anant Raj Ltd fell up to 4% on October 8 after the company’s board approved a qualified institutional placement (QIP) of equity shares with a floor price of Rs 695.83.. The move aims to raise capital efficiently in accordance with SEBI regulations. The stock has surged over 30% in the last month amid government plans for tax incentives for data centre developers and the company’s ambitious expansion plans.

Advance Agrolife made a strong stock market debut, listing at a premium of 13-14% on both NSE and BSE. The Rs 193-crore IPO saw robust subscription, with the NII segment being a standout performer. The agrochemical manufacturer s diverse product range and positive sector outlook support its valuation.

Om Freight Forwarders shares debuted on Dalal Street with a significant 40% discount to its IPO price, opening at Rs 82.50 on BSE and Rs 81.50 on NSE. Despite a healthy IPO subscription and strong fundamentals, market participants cited cautious sentiment towards mid-sized logistics IPOs for the muted listing.

LG Electronics India s massive Rs 11,607-crore IPO is set to debut on Tuesday, October 14. Analysts are optimistic, pointing to the company s strong financial performance and leading market positions. LG has outpaced rivals on key metrics like earnings per share and return on net worth. The company s revenue and profit figures are impressive.

A Reddit post claims Perplexity’s Comet Browser executed stock trades on Zerodha and applied for an IPO using simple AI commands. CEO Arvind Srinivas shared it, highlighting Comet’s potential to automate complex financial tasks via natural language prompts.