Latest Stock Market News

Following recent GST rate cuts, markets across asset classes show renewed optimism. Expert Ajay Bagga highlights early positive indicators in autos and e-commerce, though sustained gains require stronger earnings. Headwinds like global trade uncertainty and policy changes remain. Investors should watch sector signals to gauge the durability of the rally.

Jain Resource Recycling s IPO, aiming to raise ₹1,250 crore, saw initial subscription of 3%, driven by retail investors. The IPO comprises a fresh issue and offer-for-sale, with shares priced between ₹220-₹232. While analysts consider the IPO fully valued, expansion plans and strong financials support a positive long-term outlook, with Anand Rathi recommending a Subscribe-Long Term rating.

Jaro Education IPO is subscribed 1.10 times on Day 2, with retail fully booked and NIIs showing strong interest. The Rs 450-crore issue trades at a 13% grey market premium, indicating positive listing sentiment. Proceeds will fund marketing, debt repayment, and corporate purposes.

During Navratri, the nine avatars of Goddess Durga offer profound financial wisdom. Each day mirrors a key principle, from disciplined foundations and risk protection to fostering growth and succession planning. The festival encourages investors to introspect on financial priorities, emphasizing perseverance, preparedness, and the importance of aligning wealth with purpose.

Public sector bank stocks surged on Wednesday. This followed reports that the government is considering raising the foreign direct investment limit. The current limit is 20%. The move aims to attract more capital. It also seeks to strengthen the banks role in economic growth. Indian Bank shares led the rally. The Nifty PSU Bank index also saw gains.

USD/INR diverges from the U.S. Dollar Index as the rupee weakens to ₹88.45 despite DXY easing. RBI unwinding, FII outflows, and U.S. tariffs pressure the rupee, while India’s strong GDP, reforms, credit upgrade, and external balance support recovery. Near-term trend favours gradual rupee appreciation.

India s REITs and InvITs, with assets exceeding USD 103.5 billion, are poised for further growth as SEBI reclassifies REITs as equity. This move aligns India with global standards, attracting institutional capital and broadening investor participation.

Adani Power shares are declining after a recent surge. The stock had risen following a stock split and positive brokerage reports. Profit booking has led to a decrease in share value. Technical indicators suggest the stock is overbought. Analysts advise caution, suggesting buying on dips. Brokerages support long-term growth, but execution risks exist. Valuations are currently at a premium.

Dhoot Transmission Ltd., backed by Bain Capital, has enlisted Axis Bank, Kotak Mahindra Bank, Jefferies, and Nomura to manage its upcoming Mumbai IPO. The offering, anticipated next year, aims to raise approximately $250 million through a combination of fresh shares and secondary sales, potentially valuing the automotive-parts maker at up to $1.5 billion.

VST TMT shares faced a 5% lower circuit after a modest listing premium on the BSE and NSE. Experts suggest investors consider booking partial profits, setting a stop-loss at Rs 90, due to the company s cyclical sector and geographic concentration. Future performance hinges on debt reduction, operational efficiency, and expanding beyond Gujarat to bolster investor confidence.