Latest Stock Market News

Sebi has intensified scrutiny of the options market following surveys highlighting significant retail losses. The regulator floated the idea of extending derivative contract tenures last month and recently introduced measures such as delta-based open interest calculation. These changes could impact major market participants, potentially moderating trading volumes and reducing volatility, while Kamath acknowledged possible restrictions on weekly options or stricter suitability norms.

Hindustan Copper shares surged sharply after global copper prices spiked due to a production halt at Grasberg, the world’s second-largest copper mine in Indonesia. The mine suspension, caused by a fatal mudflow, tightened global supply and pushed copper futures to 15-month highs.

GST cuts on textiles and footwear may offer some relief. Market expert Sunil Subramaniam anticipates a demand surge in big-ticket items. The upcoming festive season is likely to drive purchases of cars and appliances. Real estate faces short-term challenges. Affordable housing could revive in the next 6–12 months. GST cuts and lower EMIs will make real estate an attractive investment.

State Bank of India could attract up to $466 million in passive inflows if the foreign investment limit for public-sector banks is raised from 20% to 26%, Nuvama Institutional Equities said. The move would allow higher MSCI index weightings. The government is reportedly considering the change as part of reforms to boost capital while retaining at least 51% public ownership in PSBs.

The allotment for Ganesh Consumer Products’ IPO will be finalised today, ahead of its scheduled listing on the BSE and NSE on September 29. The issue, which ran from September 22–24, received an overall subscription of 2.68 times, led by QIBs at 4.03x, followed by NIIs at 4.41x, while the retail portion saw a modest 1.17x subscription.

Anurag Singh offers a contrasting perspective on global equities, expressing optimism about the US market due to deregulation, tax cuts, and potentially beneficial tariffs. He advises caution regarding India, citing high valuations, currency depreciation, and the impact of capital gains tax on foreign investors. Singh views India as a hedge rather than a primary growth driver.

Atlanta Electricals’ ₹687 crore IPO received strong demand and closed with a subscription of 72.16 times. QIBs led with 194.77x, NIIs 55.82x, and retail investors 10.76x, while the employee quota saw 3.47x interest. The basis of allotment will be finalized today, and the stock is set to list on BSE and NSE on September 29.

Indian REITs are outperforming realty stocks, delivering returns up to 29% even as the Nifty Realty index slipped 20%. SEBI s equity status reclassification is expected to further boost REITs by attracting mutual fund investments and improving liquidity. Experts recommend REITs for stable income, highlighting Mindspace, Brookfield, and Embassy Office for their strong portfolios.

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.