Latest Stock Market News

U.S. semiconductor stocks declined following a sales forecast cut by ASML and reports of the Biden administration considering capping AI processor sales to certain countries. Major chip firms like Nvidia, AMD, and Intel saw significant drops, affecting market indices. The news raised concerns about U.S. efforts to maintain technological dominance.

Computer chip equipment maker ASML on Tuesday reported weak bookings and cut 2025 sales forecasts in third quarter earnings published early on its website, sending its shares down 15% by 1500 GMT.

Bitcoin surpassed $67,000 for the first time since July as a rally in US stocks helped to renew optimism for riskier assets such as cryptocurrencies.

The U.S. dollar touched a 10-week high on Monday in thin trading, extending its weeks-long bullish run sparked by data showing a modestly slowing economy that lined up with bets for moderate interest rate cuts by the Federal Reserve.

Indian indices closed in the red on Tuesday, dragged by heavyweights like Reliance Industries, HDFC Bank, and Bajaj Finance. A higher-than-expected September inflation report dampened hopes for a rate cut, souring investor sentiment. The Sensex fell 153 points, and the Nifty dropped 70 points.

Shares of Garuda Construction and Engineering Ltd on Tuesday jumped over 12 per cent in market debut trade against the issue price of Rs 95. The stock listed at Rs 103.20, registering a jump of 8.63 per cent from the issue price on the BSE. During the day, it surged 27.08 per cent to Rs 120.73. Shares of the firm ended at Rs 106.83, rising 12.45 per cent.

Construction and infrastructure company KBC Global Ltd on Tuesday said it plans to raise up to Rs 100 crore through an issue of equity shares. The board of the company will meet on October 16 (Wednesday) to consider and approve a proposal to raise up to Rs 100 crore through an issue of equity shares via permissible modes, including preferential allotment and warrants, the company said in a statement.

Increased days of payables suggest a company is delaying payments to suppliers and creditors. We have highlighted the top 5 Nifty200 stocks with increased days of payables. This trend can indicate better cash flow management.

Rallis India, a subsidiary of Tata Chemicals, on Tuesday reported a 19.51 per cent growth in net profit during the quarter ending September 30 to Rs 98 crore compared to the same period in the previous financial year.

Decreased days of receivables indicate improved efficiency in the collections process. We have identified the top 5 Nifty500 stocks with decreased days of receivables. This trend reflects better customer payment behavior.