Latest Stock Market News

The GST cut has boosted India’s auto sector, with tractors leading a 50% YoY surge and two-wheelers, PVs, and LCVs also gaining. Analysts see early festive-season traction, rural demand recovery, and strong OEM sales driving near-term growth, highlighting potential stock opportunities in tractors, PVs, two-wheelers, and auto ancillaries.

Tata Capital’s IPO positions it between Bajaj Finance and HDB Financial, offering investors a tactical growth opportunity with potential re-rating backed by its strong brand, capital base, and expanding retail book. Bajaj Finance remains the safest long-term play with stable compounding, while HDB Financial provides steady growth once asset quality stabilizes, catering to different investor profiles in India’s NBFC space.

Kalyan Jewellers shares: The stock dropped despite a strong Q2 FY26 performance. The company’s consolidated revenue rose about 30% YoY, driven by festive buying and strong market traction. India operations grew 31% YoY, supported by robust wedding demand and early festive sales, including Navratri. Same-store sales increased roughly 16%, reflecting steady underlying demand.

Q2 earnings, starting October 9, are expected to show modest 6% YoY growth for Nifty companies. Motilal Oswal highlights three investment themes—financials vs IT divergence, consumption revival, and new-age sectors—and recommends top large- and mid-cap stocks in autos, healthcare, BFSI, and technology for potential gains.

Shares of Yes Bank rose over the past week, supported by strong quarterly loan growth, improved CASA ratios, and investor interest after a strategic stake sale to Sumitomo Mitsui Banking Corporation. Provisional Q2 updates show robust growth in advances and deposits, while technical indicators point to a sustained bullish trend.

Kotak Mahindra Bank shares: The stock rose after strong provisional Q2 FY26 results. The bank reported a 14.4% YoY rise in average total deposits to Rs 5,10,138 crore and a sequential increase of 3.7% from the June quarter. Total deposits at quarter-end stood at Rs 5,28,776 crore, up 14.6% YoY, reflecting robust operational strength and continued customer trust.

ETMarkets has compiled seven technical and fundamental picks for potential upside of up to 41%.

Bitcoin dipped slightly to $123,745 after hitting an all-time high, yet maintained strong weekly gains. Robust ETF inflows and institutional demand fuel this rally, with experts anticipating further upward movement. Despite minor corrections, the overall crypto market remains bullish, driven by rising confidence.

Tata Capital IPO: The grey market premium (GMP) remains subdued at about 3% above the issue price. The IPO comprises a fresh issue of Rs 6,846 crore and a promoter offer for sale (OFS) of Rs 8,666 crore by Tata Sons, which currently owns a 95.6% stake in the company.

TruAlt Bioenergy shares slipped 6.7% in two sessions after listing, as early investors booked profits. Despite strong FY25 growth—54% revenue rise, fivefold net profit surge—valuations remain steep at 29x earnings. Analysts suggest partial profit booking amid robust renewable energy demand.