Latest Stock Market News

Shrikant Badve of Belrise Industries joins India’s billionaire club as shares hit ₹162.70, up 81% since May, valuing his 59.56% stake at ₹8,623 crore.

Nine SME IPOs are open for subscription, with GMPs signaling up to 24% potential listing gains, led by strong interest in True Colors IPO.

Bitcoin experienced a slight increase to $112,991.84 after a recent dip, while Ethereum saw a more significant decline. Analysts suggest Bitcoin s movement is within a rising channel, facing resistance near $117,000 and support around $114,600. Market sentiment is cautiously optimistic, influenced by institutional inflows into BTC ETFs and regulatory advancements, but near-term consolidation is expected.

Euro zone bond yields experienced a slight decrease ahead of key data releases on regional business activity. Investors are closely watching purchasing managers index surveys from major economies like Germany and France for signs of continued economic recovery. A busy day of sovereign bond supply, including Dutch 30-year paper, adds another layer of interest for traders.

Advance Agrolife has set a price band of Rs 95-100 for its Rs 193 crore IPO, opening on September 30. Proceeds will primarily fund working capital, with shares set to list on BSE and NSE on October 8.

Chakri Lokapriya sees opportunities in infrastructure equipment makers, defence plays like BEL and HAL, and NBFCs benefiting from GST cuts, gold prices, and transport demand. He advises staying cautious on life insurers despite GST-driven volume growth, citing pricing pressure and intense competition.

Seshaasai Technologies’ Rs 813 crore IPO was subscribed 35% on Day 1, with strong retail and NII participation. Analysts recommend “Subscribe,” citing its market leadership in payment cards, robust financials, and growth in IoT and RFID solutions.

Mumbai s Om Freight Forwarders is launching its IPO. The price is set between Rupees 128 to 135 per share. Subscription opens on September 29 and closes on October 3. The IPO aims to raise Rupees 122.31 crore. The company will use the funds for expansion. The IPO values Om Freight Forwarders at Rupees 454.62 crore.

Atlanta Electricals IPO attracted robust investor demand, reflected in a healthy grey market premium (GMP) of 12.6%, or ₹95–100.

India’s IPO market shows mixed signals ahead of a record week, with grey market premiums ranging from ₹0 for Ivalue Infosolutions to ₹122 for Jaro Institute. Early GMP trends offer a glimpse of investor sentiment, signaling potential listing gains for high-demand issues and cautious interest for others.