Latest Stock Market News

Mayuresh Joshi sees GST reforms, sovereign rating upgrades, and foreign inflows boosting markets, with steel and domestic demand providing key support ahead of Diwali.

Japan s Nikkei share average slipped from a record high to end lower on Tuesday, as investors weighed Wall Street s muted overnight finish, raising concerns that markets have advanced too far, too fast.

Manish Gunwani of Bandhan AMC suggests indirect investment routes like financials and internet platforms for consumer discretionary exposure, citing valuation concerns in staples and uncertainties in the auto sector. While optimistic about sectors like semiconductors and defence, he cautions against high valuations.

Gem Aromatics IPO opens today, aiming to raise ₹451.3 crore. The issue comprises a fresh issue and an offer for sale, with proceeds earmarked for debt repayment and corporate purposes. Anand Rathi recommends subscribing for the long term, citing the company s established position and growth potential, despite valuation concerns and key risks like customer concentration.

A BofA Global Research survey in early August found nearly 70% of global investors expect stagflation within the next 12 months.

Inox Wind shares rose over 5% after it sold a ₹175 crore stake in its EPC arm, Inox Renewable Solutions, valuing the unit at around ₹7,400 crore. The move aims to boost operations and unlock value.

Rekha Jhunjhunwala s portfolio has showcased impressive gains in FY26, with several stocks outperforming market trends. Singer India leads with a 43% surge, despite a Q1 loss, while Fortis Healthcare and Baazar Style Retail also delivered strong returns. Financials like CRISIL and Canara Bank contributed significantly, and Titan Company remains a key holding in her portfolio.

Bitcoin fell nearly 4% in a week to around $114K, consolidating below $116K on macro headwinds. Analysts say rising open interest near $115K could provide short-term support unless demand weakens.

Japanese government bonds experienced a decline. This followed a 20-year bond auction that showed weaker demand than anticipated. The 20-year JGB yield increased. The 10-year JGB yield also rose, reaching its highest point since July 25. Market participants are closely watching the Bank of Japan s potential rate hike in December.

Indian government bonds declined following the proposed tax overhaul, raising fiscal deficit concerns and pushing the 10-year yield to a four-month high. While officials assure the fiscal deficit goal remains achievable, traders fear the tax reform could widen budget deficits and increase debt supply. Overnight index swap rates also jumped as fiscal worries weighed on government bonds.