Latest Stock Market News

Tata Capital s ₹15,512 crore IPO, the largest of 2025, is drawing robust interest from global and domestic institutions for its anchor book. The ₹4,600 crore anchor portion, opening October 3, is expected to be oversubscribed more than four times, with major players lining up.

LG Electronics will launch an ₹11,500 crore IPO, with subscriptions opening from October 7 to 9. The issue comprises an offer for sale of 10.18 crore shares, representing 15% of the company s equity, by its Korean parent. Anchor investors can subscribe on October 6.

Markets traded subdued on expiry day, ending almost unchanged amid mixed cues, with rate-sensitive sectors in focus ahead of the RBI policy. RBL Bank partnered with LIC, while Adani Total Gas s CFO resigned. IOB faced an RBI penalty, ICICI Bank received a GST demand, and Airtel launched a new AI/ML-powered location service.

Indian equity investors may find relief in October, with historical trends showing Nifty gains in seven of the last ten years. However, analysts predict a narrow trading range for the Nifty, likely between 24,300-25,400, due to tariff uncertainties, FII selling, and upcoming large IPOs.

Wall Street indexes closed higher Tuesday, securing quarterly and monthly gains, despite a looming U.S. government shutdown threatening economic data and Federal Reserve policy. President Trump warned of "irreversible" actions. Healthcare stocks rallied, notably Pfizer, while airlines declined amid shutdown concerns. Analysts noted a balanced market lacking strong directional conviction, with investors bracing for potential disruptions.

Oil prices steadied on Wednesday after two days of losses, as investors weighed potential OPEC+ plans for a larger output hike against shrinking U.S. crude inventories. Brent and WTI futures saw marginal gains. OPEC+ is reportedly considering raising production by up to 500,000 bpd in November, though OPEC termed such reports misleading. U.S.

The US dollar is near a one-week low. A government shutdown looms, potentially delaying jobs data. This delay impacts Federal Reserve interest rate cut expectations. The euro holds steady. The yen moves higher. Bank of Japan officials hint at possible rate hikes. Traders await central bank speeches for further direction.

Gold prices edged higher on Wednesday, nearing record levels. A potential US government shutdown boosted demand for safe assets. Recent US labor data indicated a softening market. This reinforced expectations for Federal Reserve rate reductions. Traders anticipate rate cuts in October and December. Gold performs well when interest rates are low.

DLF s rental arm DCCDL raised 1,100 crore rupees. This funding came from non-convertible debentures. The issue happened on a private placement basis. DCCDL is a joint venture with GIC. Its net profit rose 26 percent in the June quarter. Total income grew 12 percent. The company reported higher income from properties.