Latest Stock Market News

Brokerage firm Antique Stock Broking has initiated coverage on Zen Technologies for a price target of Rs 1,866, and the stock offers an upside of 31%. The smallcap counter is a fundamental pick, which is valued at 32X 1HFY28E EPS.

Each of these companies has delivered a Profit After Tax (PAT) margin of over 20% for four consecutive quarters, up to the June 2025 quarter.

Aluminium prices slipped on MCX after Trump’s fresh 50% tariff on derivatives, though slower Chinese output and EU demand provide support. Experts suggest a buy-on-dips strategy between Rs 250–251, targeting Rs 258–260, with stop-loss below Rs 246 amid near-term volatility.

Manish Gunwani believes the market is unlikely to make sharp moves in either direction. With strong macro indicators like inflation and the current account, we can expect sideways movement over the next couple of quarters.

Gaurav Singh Kushwaha, founder of BlueStone Jewellery, saw his wealth surge past Rs 1,300 crore after the company’s blockbuster market debut. Holding 17.7% stake, his entrepreneurial journey, inspired by Ratan Tata’s advice, highlights the rise of online-first jewellery retailers.

House of Abhinandan Lodha (HoABL) has partnered with Zepto to market its residential plots, starting with premium plots in Vrindavan and Neral. This collaboration expands HoABL s digital reach, allowing customers to discover and engage with their offerings on the Zepto app. Prospective customers can connect with an HOABL expert via video call within 10 minutes for guidance.

Realty firm Embassy Developments Ltd expects to earn Rs 560 crore revenue for managing development and marketing activities of two upcoming housing projects in Mumbai and Bengaluru.

The Indian rupee reached its highest level this month, buoyed by reduced concerns over new U.S. tariffs and optimism surrounding planned tax cuts. Easing geopolitical tensions, particularly after meetings involving U.S. and Ukrainian presidents, diminished the likelihood of sanctions related to Russian oil purchases.

Gold prices slipped on Tuesday with October MCX futures at Rs 99,240 per 10 grams, down 0.16%, as focus shifted to the US Fed’s Jackson Hole symposium and Donald Trump’s talks with European and Ukrainian leaders. Silver futures also traded lower amid volatility.

Manish Gunwani of Bandhan AMC suggests investors remain balanced, avoiding excessive fear or greed, as the market navigates potential sideways movement. He recommends accumulating stocks for long-term growth, focusing on structural themes like internet platforms, R&D-driven exports, and financialization.