Latest Stock Market News

RBI’s Monetary Policy Committee kept repo rate unchanged at 5.5% with a dovish stance, lowering inflation forecasts, upgrading growth outlook, and unveiling 22 reforms. Experts expect a rate cut by December 2025, boosting bond market sentiment.

Ten NSE midcap companies, including Waaree Energies, Biocon, Sona BLW, UNO Minda, and Torrent Power, consistently grew operating cash flow over five years, signaling stronger profitability, efficient operations, and reduced reliance on external funding.

The Indian rupee recorded its best day in two weeks, gaining 0.1% against the dollar after the Reserve Bank of India kept policy rates unchanged. Likely central bank intervention limited further depreciation, while the dollar broadly slipped due to a U.S. government shutdown. The RBI also signaled potential rate cuts and unveiled measures to boost bank lending.

October has brought renewed excitement to India’s primary markets as three major IPOs—Tata Capital, LG Electronics India, and WeWork India—gear up to launch in close succession.

Tata Motors share price: Tata Motors’ demerger takes effect on October 1, splitting its commercial and passenger vehicle businesses into two independent entities. The PV arm becomes Tata Motors Passenger Vehicles Ltd, while the CV segment will list separately as Tata Motors Ltd, with shareholders receiving shares in a 1:1 ratio.

Anand Rathi shares surged up to 12.7% driven by strong retail participation and positive market sentiment. Intraday gains of 4.7% reflect investor optimism and confidence in the company’s growth outlook and fundamentals.

Shares of Netweb Technologies surged to a record Rs 4,108 on the NSE, up 13%, extending a rally of 80% in a month and 170% in six months. The stock’s momentum is driven by India’s digital infrastructure growth, AI adoption, data localisation policies, and major order wins, including Nvidia-powered server contracts and Tyrone GPU-accelerated AI systems.

PSU bank stocks fell up to 1.4% on Wednesday after RBI kept the repo rate unchanged at 5.5% and maintained a neutral stance. The Nifty PSU Bank index slipped 0.78% to 7,468, with Indian Bank, Canara Bank, and PNB among the top decliners. SBI and Bank of Baroda also dipped, despite RBI raising FY26 GDP growth forecast to 6.8%.

Fabtech Technologies and OM Freight Forwarders are in their third day of IPO bidding. By Day 2, Fabtech achieved full subscription, while OM Freight Forwarders saw 2.23 times oversubscription. Fabtech s GMP stands at 1%, indicating moderate interest, whereas OM Freight s stronger 2.2% GMP reflects higher investor confidence.

RBI raises credit limits: Loan against shares ceiling hiked from Rs 20 lakh to Rs 1 crore, and IPO financing limit increased to Rs 25 lakh. Governor Sanjay Malhotra said these measures, part of five steps to boost credit, follow a 100-bps rate cut in 2025.