Latest Stock Market News

US markets show surprising calm amid a prolonged government shutdown. Strong corporate earnings, particularly from cloud computing firms and banks, are bolstering investor confidence. While Oracle s profit warning caused brief jitters, demand for AI infrastructure is expected to drive good cloud demand. Trade negotiations with countries like India and Japan remain fluid, with verbal agreements lacking formalization.

Tata Sons is set to earn Rs 6,716 crore by selling 10.1% of Tata Capital at the upper IPO price band of Rs 326. The Rs 15,512-crore IPO, closing today, combines a fresh issue and an OFS. Brokerages view it as a long-term play due to strong retail, SME, and digital lending franchises, though near-term gains appear limited.

Fed Governor Miran urged swift and aggressive U.S. rate cuts, citing calm bond markets, moderating inflation, and reliable government data, while emphasising democratic accountability and leadership in economic agencies.

Canara Robeco AMC IPO opens October 9 with a price band of Rs 253-266 per share. Ahead of the launch, the grey market premium on the stock hovered at around 12%, signalling strong investor interest. The IPO, valued at Rs 1,326 crore, is fully structured as an offer-for-sale (OFS) by its promoters, Canara Bank and ORIX Corporation Europe N.V. (OCE).

Indian investors are increasingly turning to bonds for portfolio stability and wealth preservation as their wealth grows. Jiraaf s Bond Analyser and AI-powered tools are simplifying bond investing by offering institutional-grade insights, real-time data, and personalized guidance, empowering retail investors to make informed decisions.

Tata Steel has surged 25% in 2025, supported by a global metals rally fueled by U.S. rate cut expectations, a weaker dollar, and EU tariff hikes on Chinese steel. The stock is consolidating in a Rs 166–175 range, and analysts say a decisive close above Rs 175 could trigger the next leg higher, attracting more buyers.

Nifty IT Index has dropped nearly 11% in the last three months as macro pressures, pricing challenges, and weak client demand weigh on the sector. Despite the broader slowness, HDFC Securities upgrades Infosys and HCL Tech to “BUY” on attractive valuations and AI-driven growth, while mid-tier IT companies may see muted performance in FY26.

Osel Devices rose sharply after Mukul Agarwal picked up a 7.6% stake in the multibagger smallcap, which has surged over 200% in the past year. The company, a maker of LED displays and hearing aids, continues strong momentum, gaining 63% in three months and 90% in six months.

Banks and financials are poised for strong earnings this season, with reasonable valuations and benign credit costs fueling loan growth. Analysts anticipate positive news for both banks and NBFCs. Consumer sentiment is also showing signs of revival, particularly in discretionary spending, potentially extending beyond a short-term rebound.

NBFCs are poised for their strongest earnings in six quarters, with Q2 FY26 expected to deliver 21% YoY growth, according Motilal Oswal.