Latest Stock Market News

SME IPOs including Gurunanak Agriculture, Matrix Geo, Ecoline Exim, Prime Cable, and Manas Polymers show mixed subscription and GMP trends, indicating varied investor sentiment and potential listing premiums in an IPO-heavy week.

Centurion Accommodation REIT debuted strongly on the Singapore Exchange, with its units opening 11.4% above the IPO price after raising S$771.1 million. This marks Singapore s second-largest IPO this year, contributing to the country leading Southeast Asia s IPO market. The listing follows measures to boost Singapore s equities market and precedes upcoming IPOs like UI Boustead REIT.

Ganesh Infraworld, an EPC firm based in Kolkata, intends to raise funds. The company plans to secure Rs 200-250 crore through a qualified institutional placement soon. Ganesh Infraworld got listed on NSE SME Emerge platform last year. Since its debut, the company s stock has increased significantly. However, the company s shares experienced a slight dip recently.

Japan s 40-year bond yield decreased to a one-month low. This happened after strong demand at an auction. Easing concerns about Japan s public finances supported this. The auction received bids 2.6 times the amount sold. Super-long JGB yields have been falling from recent highs. Sanae Takaichi toned down her appeal for government spending.

Market expert Mayuresh Joshi notes that the Indian equity market is navigating global uncertainties, including tariff concerns and policy shifts. While government reforms and GST rationalization offer potential positives, export challenges and valuation concerns persist for foreign investors. Joshi suggests a selective, sector-specific approach, highlighting opportunities in financial services, NBFCs, FMCG, and other sectors.

Fineotex Chemical shares surged 16.6% after the company announced a board meeting on September 27 to consider dividend declaration, stock split, and bonus shares. The agenda also includes raising authorised capital. Investor focus sharpened as ace investor Ashish Kacholia holds a 2.74% stake, amplifying market interest in corporate developments.

Euro zone government bond yields saw a slight increase on Thursday. This happened as rates volatility showed signs of easing. Markets anticipate the European Central Bank to maintain its current stance until late 2026. German consumer sentiment is expected to improve slightly in October. French unions are planning strikes to protest austerity measures.

Bitcoin trades range-bound near $112,000 as futures expiry and macroeconomic data create cautious sentiment. Ethereum, BNB, and altcoins show mixed performance, while BTC support levels reinforce bullish momentum for selective traders.

TruAlt Bioenergy’s Rs 839.28-crore IPO opened modestly on September 25, with 8% subscription in the first few hours as investors bid for 9.92 lakh shares against 1.23 crore on offer. Priced at Rs 472–496 per share, the issue includes a Rs 750-crore fresh issue and an Rs 89.28-crore offer-for-sale, with NIIs showing 9% subscription by noon.

Epack Prefab Technologies IPO saw 42% subscription on Thursday. The IPO of Rupees 504 crore opened on Wednesday and will close on Friday. The IPO price band is Rupees 194 to Rupees 204 per share. The company plans to use the funds for expansion. The IPO s grey market premium is around 8%.