Latest Stock Market News

U.S. asset managers are racing to launch new cryptocurrency ETFs after the SEC eased listing rules. Products tied to solana, XRP, and other altcoins could debut as early as October, expanding beyond bitcoin and ethereum.

BMW Ventures IPO, a Rs 231.66 crore fresh issue, saw a muted response with 1.5x subscription as of September 26. QIBs led the bidding, while retail participation was nearly full. The allotment will be finalised on September 29, ahead of the October 1 listing, with a grey market premium indicating modest gains.

Donald Trump s recent actions, including H-1B visa changes and pharmaceutical tariffs, have dealt a significant blow to Indian stock markets, thwarting a nascent rebound. This has led to foreign investor sell-offs and increased US-India tensions, resetting expectations for a year-end rally and raising concerns about economic growth.

HSBC names 11 Indian stocks to watch as foreign institutional investors eye a comeback after a 12-month hiatus, highlighting potential gains across IT, consumer, financials, and infrastructure sectors.

Market direction remains uncertain amid external policy risks, currency volatility, and crude price fluctuations. Short-term focus is on consumer sectors, while long-term opportunities lie in real estate, industrials, and PSU banks driven by consumption and private capex.

Indian equity markets witnessed a sharp 2.5% plunge this week, ending a three-week rally. Global trade tensions, H-1B visa concerns, and FII selling fueled the downturn, severely impacting IT stocks. Analyst Sudeep Shah warns of further Nifty and Bank Nifty corrections if crucial support levels fail, while Nifty Metal shows relative strength. Investors face a volatile October ahead.

Rajesh Palviya of Axis Securities sees Nifty and Bank Nifty under pressure, with key levels likely to dictate moves. He expects IT stocks to remain weak and advises selective trades in Ashok Leyland and Biocon.

Next week s U.S. jobs data holds significance for markets. It needs to indicate a cooling labor market. This supports further interest rate cuts. It must not trigger recession concerns. The Federal Reserve plans more rate reductions this year. High stock valuations create market vulnerability. A potential government shutdown also looms.

US stocks closed higher Friday on expected inflation data, yet posted weekly losses, ending winning streaks for S&P 500 and Nasdaq. Investors are weighing the Federal Reserve s future rate cuts against a stronger economy and upcoming earnings season. New tariffs and mixed signals from Fed officials added to market uncertainty, with key employment data due next week.

Gold surged to new highs on Friday, extending weekly gains, as U.S. inflation data aligned with forecasts, bolstering expectations for Federal Reserve interest rate cuts later this year. Investors now anticipate an 88% chance of an October rate cut.