Latest Stock Market News

Vedanta share price: The government has rejected Vedanta’s request to extend the production sharing contract (PSC) for the CB-OS/2 Cambay Basin oil and gas block, reverting control to ONGC. The decision impacts the Lakshmi and Gauri fields, which produce 3,400 barrels of oil daily, and marks a setback for Vedanta’s energy business.

Jaro Institute s Rs 450 crore IPO opens on Tuesday. The price is Rs 846-890 per share. The IPO includes a fresh issue and an offer for sale. Funds will be used for marketing and debt repayment. Jaro partners with IITs, IIMs, and foreign institutions. Revenue and profit have grown significantly.

NSB BPO Solutions launches its IPO today, aiming to raise Rs 77.91 crore. The IPO price is between Rs 140 and Rs 147 per share. The IPO will remain open until September 25. Listing on BSE SME platform is scheduled for September 30. The company plans to use the funds to repay debt and expand operations.

KEC International share price: KEC International has secured new international Transmission and Distribution (T&D) orders worth Rs 3,243 crore, including 400 kV transmission line projects in the UAE and tower, hardware, and pole supplies in the Americas. The company said this is its largest-ever EPC order in the international T&D segment.

Indian government bond yields are anticipated to fluctuate narrowly as the market awaits the borrowing calendar for the second half of the fiscal year. Investors are concerned about the potential oversupply of longer-tenor debt. States are set to raise 270 billion rupees through bond sales, exceeding the initial schedule, while the RBI urges them to diversify borrowing tenures.

Birla Corporation s stock is set to gain attention as its subsidiary, RCCPL Private Ltd, secured the Preferred Bidder status for a Limestone and Manganese block in Telangana. Awarded by the Government of Telangana, the block spans 3.34 sq km in Adilabad district.

A White Marubozu is a bullish candlestick pattern in technical analysis. It forms when the opening price is the lowest for a given period and the closing price is the highest.

The US Federal Reserve s rate cut sets the stage for increased FII inflows into Indian equities, driven by strong domestic fundamentals and festive demand. Despite recent selling due to high valuations, further rate cuts and supportive policies may lure investors back. Sectors like automobiles, consumer durables, and metals are expected to outperform, while gold and silver present unique investment opportunities.

Harsha Upadhyaya of Kotak AMC favors large-caps in the Kotak Flexicap Fund, citing better risk-reward amid macro volatility. The fund s strategy focuses on strong fundamentals, valuation discipline, and sectors with clear earnings visibility like financials and cement. While cautiously optimistic about consumption, Upadhyaya emphasizes stock-specific approaches and long-term structural growth in Indian equities.

India s real estate market is poised for substantial growth, potentially reaching $5-10 trillion by 2047, fueled by urbanization and rising incomes. Millennials and Gen Z are set to dominate housing demand by 2030, prompting innovation in housing models and technology integration. REITs offer attractive yields, while residential sales remain resilient due to easing interest rates.