Latest Stock Market News

Bajaj Finance share price: Bajaj Finance posted a 24% YoY rise in AUM to Rs 4,62,250 crore in Q2FY26, led by strong retail lending and a 5.4% growth in deposits. Bajaj Finance added 4.13 million new customers and saw loan bookings surge 26%, highlighting robust operational performance.

India s Canara Robeco Asset Management Company set its IPO price band at Rs 253-266 per share, aiming for a Rs 5,305 crore valuation. The joint venture will open its share sale to retail investors on October 9, amidst a busy Indian primary market. Existing shareholders, Canara Bank and ORIX, are offloading 49.8 million shares in this offer for sale.

Vodafone Idea share price: Vodafone Idea has approached the Supreme Court to quash the DoT’s Rs 9,450 crore AGR demand, citing inconsistencies with earlier guidelines. The telco also seeks reassessment of dues up to FY17.

Indian Bank, HFCL and seven other F&O stocks saw notable futures open interest surge on October 3, signalling growing market participation and potential momentum in these counters.

Mahesh Patil, CIO at Aditya Birla Sun Life AMC, advocates large-cap investing for long-term alpha, stability, and consistent returns. He notes market consolidation is easing, with domestic factors improving and earnings growth expected to revive to 10-11%. Patil also views the IT sector as a contrarian opportunity and advises selective participation in the revived IPO market, focusing on differentiated companies.

Devender Singhal of Kotak Mahindra AMC highlights a stronger case for silver over gold, driven by increasing industrial demand from solar, EVs, and AI. He expresses bullishness on the auto sector, particularly lower-end segments, expecting sustained growth. Singhal anticipates robust Q3 earnings, despite Q2 disruptions, maintaining a balanced portfolio with 65% in equities.

Nifty s recent rebound appears shaky, with historical patterns suggesting a 67% probability of a bearish October and high volatility. FII long-short ratio dropped to all-time lows, hinting at a window for fresh long build-up. FINPIPE and PRSMJOHNSN are top buy ideas for the upcoming week.

WeWork India IPO: The stock’s grey market premium has dropped sharply, now at only 0.77% above the issue price compared with 2.76% earlier. Though GMP provides a rough hint of potential listing performance, it remains unofficial and highly volatile.

The yen tumbled significantly against the U.S. dollar and euro after Sanae Takaichi won the LDP leadership election. Her victory signals an expansionary fiscal policy, complicating the Bank of Japan s task and reducing bets on interest rate hikes. This political shift is expected to lead to continued yen weakness.

Gold prices surpassed $3,900 an ounce for the first time. This rise stemmed from safe-haven demand. A US government shutdown played a role. Expectations of further Federal Reserve rate cuts also fueled the increase. Gold performs well during economic uncertainties. It recorded a 49 percent gain this year. Strong central bank buying and ETF demand supported its value.