Latest Stock Market News

Rajesh Bhosale of Angel One anticipates the Nifty 50 will consolidate around 25,000 before resuming its upward momentum towards 25,400, advising investors to buy on dips. He notes strong performance in Bank Nifty and Fin Nifty, signaling broader market strength. Bhosale recommends TCS and BSE as high-conviction stock picks, citing their technical strength and attractive risk-reward.

The Indian rupee held steady near its record low, bolstered by likely RBI intervention amidst persistent dollar demand from importers. While upcoming IPOs might offer some relief through foreign inflows, analysts caution about potential further rupee depreciation if economic growth slows due to enduring tariffs.

A halt in foreign outflows could spark a rebound in Indian equities, Motilal Oswal said in its October 6 report. The brokerage expects improving corporate earnings, robust domestic inflows, and pro-growth government policies to attract overseas investors back. After a year of underperformance, India’s more attractive valuations may further drive a reversal in foreign investment trends.

Nine BSE Midcap stocks, including Hindustan Petroleum, Muthoot Finance, and L&T Finance, hit 52-week highs on Monday, reflecting strong upward momentum and one-month gains of 7–19%.

Domestic Gold prices jumped nearly Rs 2,000 per 10 grams intraday on Monday, crossing the Rs 1.2 lakh mark while hovering near the $4,000 per troy ounce mark in the international markets, continuing their winning run.

Passive funds are increasingly popular among Indian retail investors, with 68% investing in index funds or ETFs. AUM has grown sixfold in six years to ₹12.2 lakh crore, driven by low costs, diversification, and rising awareness.

Several large‑cap companies (excluding banks) posted EBITDA margins above 50% in FY25, signalling strong operational efficiency. Leaders such as Adani Green Energy, Power Grid Corporation, and Info Edge maintained high margins, reflecting robust profitability, sound management, and resilience in challenging market conditions.

Mid-tier IT firms like Coforge, Persistent, Mphasis, and Hexaware are expected to drive Q2FY26 revenue growth, outperforming largecaps amid macro headwinds and pricing pressures. Motilal Oswal and Nuvama highlight opportunities in mid-tier and select largecap IT stocks for medium-to-long-term gains.

Chauffeured car rental and mobility solutions provider Mann Fleet Partners Ltd on Monday said it has filed its draft papers with markets regulator Sebi to raise funds through an Initial Public Offering (IPO).

Market experts are closely monitoring private banks for structural growth, expecting them to outpace the industry. Consumption plays are set to benefit from GST rationalization, while metals exhibit strong domestic volume growth and attractive valuations. The IT sector also presents appealing valuations, with earnings growth anticipated as macro factors remain constructive for overall economic acceleration.