Latest Stock Market News

Cloud kitchen startup Curefoods has successfully raised ₹160 crore ($18 million) in a pre-IPO placement from Flipkart cofounder Binny Bansal s 3State Ventures. This investment values the Bengaluru-based company at ₹4,000 crore ($450 million) as it prepares for an ₹800 crore initial public offering.

Edtech unicorn Vedantu has raised $11 million through convertible notes, led by ABC World Asia, to drive organic and inorganic expansion, technology, and AI advancements. The company is also negotiating a larger funding round and a secondary sale, targeting a public market listing by 2027.

Rapid medicine delivery startup Plazza secures $1.4 million funding. All In Capital leads this investment round. Plazza plans to expand its product categories and increase its store footprint in Bengaluru. The company aims to open 20 new stores in the next 12 months. It will also offer healthy snacks and baby care products. This expansion targets a wider customer base.

European stocks rebounded Friday, with the STOXX 600 gaining 0.8%, largely driven by financials and industrials. Steel producers surged on reports of potential EU tariffs against Chinese imports. Healthcare stocks ended flat despite new US drug tariffs, as the impact was already priced in. US inflation data eased fears of delayed rate cuts, while InterContinental Hotels Group saw significant gains.

Suba Hotels raised Rs 21.29 crore from anchor investors including Mukul Agrawal, Sunil Singhania, and Ashish Kacholia ahead of its September 29 IPO, with 19.17 lakh shares allotted at Rs 111 apiece.

Logistics service provider Glottis on Friday said it has mobilised a little over Rs 55 crore from anchor investors, days before its initial share-sale opening for public subscription.

Crisil Ratings revised Muthoot Microfin’s outlook to ‘positive’ from ‘stable’, reaffirming ‘A+’ rating. Despite asset quality stress, strong collections, adequate provisioning, and continued parent support underpin the microfinance lender’s stability and resilience in FY26.

VIP Industries promoter entities sold stakes worth Rs 343 crore via bulk deals at a 9% discount, with Multiples Private Equity and Samvibhag Securities among the buyers. The company s shares closed down 4.01% on Friday, continuing a 28% decline over the past year amidst a recent net loss.

President Trump announced new 100 percent import taxes on branded pharmaceuticals. These tariffs begin October 1. Companies building US manufacturing plants will be exempt. Major drugmakers like Merck and Lilly saw slight share increases. Analysts predict minimal impact on large firms. Smaller drugmakers might face vulnerability. Generic medicines remain unaffected by this new policy.

Despite the Sensex falling 733 points to 80,426 on Friday, 10 BSE Smallcap stocks hit fresh 52-week highs, showcasing strong momentum with notable monthly gains ranging from 6% to 60%.