Latest Stock Market News

GK Energy IPO allotment will be finalised on Wednesday after the Rs 464-crore issue was subscribed 93.58 times. Retail, NII, and QIB categories saw strong demand, while grey market premiums of 21% suggest healthy listing gains when shares debut on September 26.

Tata Investment Corporation shares rose to a 52-week high after announcing a 1:10 stock split to boost liquidity and retail participation. The stock has gained 24.5% in two sessions, following shareholder approval to subdivide each ₹10 share into 10 shares of ₹1 each.

Bitcoin is range-bound at $112,218, while Ethereum trades around $4,140, awaiting cues on potential rate cuts. Optimism is fueled by new wallets accumulating 73,702 BTC, and social media buzz suggests fresh liquidity. Analysts indicate a macro bullish structure with room for upward momentum, but caution that Bitcoin needs to hold above $114,000 with genuine spot demand for a durable shift.

JPMorgan expects recent GST rate rationalisation to boost consumption, especially in discretionary categories like footwear, apparel, and durables, aided by festive demand. FMCG volume growth could rise to mid-to-high single digits by H2 FY26. Urban recovery remains uneven, while rural demand strengthens, with branded players set to gain market share.

The recent H-1B visa fee hike could reshape the Indian IT sector, driving offshoring, local hiring, and GCC expansion. Despite short-term earnings pressure, India’s IT industry may gain structurally. Meanwhile, quick commerce is emerging as a major retail channel, growing rapidly despite profitability challenges, and redefining India’s consumption economy.

India’s equity market revival hinges on earnings growth, policy reforms, and consumer demand. Experts highlight muted earnings, high PEG ratios, and the need for double-digit growth. Structural reforms, tax cuts, and capital flows are expected to restore investor confidence, with valuation premiums sustained by consistent profitability and supportive policy measures.

Maruti Suzuki shares hit a 52-week high on the BSE on Wednesday after Goldman Sachs upgraded the stock to ‘Buy’ with a target of Rs 18,900. The upgrade highlights strong entry-level demand, new model launches, and strategic advantages in upcoming emission norms.

HSBC has upgraded India’s equity market to an overweight stance after the country became the worst-performing major market in 2025. The brokerage sees Sensex reaching 94,000 by end-2026, implying a 13% upside. HSBC cited weak earnings, elevated valuations, and sluggish consumption.

Elara Capital s Garima Kapoor anticipates a cautious approach from the RBI, awaiting clarity on the festive season s impact and tariff consequences despite a strong Q1 GDP. While expecting inflation to undershoot RBI projections, she acknowledges potential growth headwinds from trade disputes.

Rajiv Batra from JPMorgan suggests a potential recovery in India s equity markets. Earnings growth is expected in the fiscal year s second half. Double-digit GDP growth is likely next year. GST cuts and fiscal measures may boost consumption. Rural spending is recovering, and urban demand could rise. Higher consumption might drive private investment and capital expenditure in the coming years.