Latest Stock Market News

Silver prices in Delhi soared to a record ₹1.40 lakh per kg, driven by strong global cues. Conversely, gold prices dipped to ₹1,17,370 per 10 grams due to weak retail demand. Futures trading saw silver contracts reach new peaks, while gold also experienced gains, fueled by expectations of Federal Reserve rate cuts.

Weekly derivatives contracts in India are under scrutiny. Securities and Exchange Board of India is considering potential curbs. This follows concerns about speculation by individual traders. Restrictions could impact market liquidity and trading volumes. Exchanges and brokers may face challenges. Market participants worry about higher hedging costs. The regulator aims to address systemic risk in the derivatives segment.

UPI transactions for capital market investments experienced a 22% year-on-year decline in volume from June to August, totaling ₹1.51 lakh crore. This drop occurred as investors became cautious ahead of the new UPI payment framework aimed at curbing fraud, set to launch on October 1. The new system introduces a fund-blocking mechanism similar to ASBA.

Following SEBI s reclassification of REITs as equity instruments, these trusts are attracting increased investor interest, particularly from HNIs and institutions. This shift is occurring partly at the expense of listed property developers, as REITs offer stability and lower volatility. The reclassification is boosting REIT values and potentially paving the way for index inclusions.

Indian markets faced pressure, extending losses amid persistent underperformance in key sectors and FII outflows. Reliance Consumer Products and Coca-Cola bottlers pledged ₹65,000 crore to boost food processing. NTPC will commence operations at its Nokh Solar Project, while ABB India invests ₹140 crore in its LV motors facility.

Indian markets closed lower for the fifth straight session as auto, IT, and financial stocks dragged indices. However, select stocks like Hindustan Copper, Netweb Technologies, and Newgen Software surged on strong orders and global commodity cues.

Indian markets extended their losing streak as Nifty slipped below 25,000, signaling bearish sentiment. Analysts highlight key supports and resistance while recommending stocks like Agarwal Eye, RBL Bank, SAIL, and CreditAccess Grameen for potential upside trades.

Infosys and Wipro ADRs slipped after Accenture’s strong Q4 earnings beat estimates, with revenue rising 7% and AI-driven bookings boosting outlook. Despite robust growth, Accenture shares dipped 1.2%, sparking sentiment shifts across global IT stocks.

Trading began on Wall Street with a dip in the main indexes on Thursday. Fresh economic data and a Federal Reserve official s comments influenced the market. The Dow Jones Industrial Average saw a slight decrease. The S&P 500 and Nasdaq Composite experienced more significant drops. Investors are reacting to the latest economic signals. Market watchers are keenly observing the situation.