Latest Stock Market News

South Korean shares surged to a record high, fueled by investor optimism in the semiconductor industry, particularly benefiting Samsung Electronics and SK Hynix. The KOSPI benchmark rose significantly, driven by expectations of robust chip demand due to the artificial intelligence boom. Investors are closely watching Micron Technology s upcoming earnings for further insights into the sector s outlook.

Indian government bond yields are likely to remain stable at the start of the week. The government s borrowing calendar for the second half of the financial year is a key factor. The Reserve Bank of India s monetary policy decision also influences the market. Traders are watching the states borrowing plans.

Zydus Lifesciences got a USFDA clearance upgrade for its Ahmedabad oncology plant, moving from OAI to VAI status after a June inspection—a positive signal on compliance.

India s real estate market is projected to reach $5-10 trillion by 2047, driven by urbanization and rising incomes. Affordable housing remains dominant, while REITs attract investors with high yields. Wealthy investors are shifting towards structured debt and fractional ownership. Despite a recent sales correction, the market remains resilient, supported by government initiatives and strong fundamentals.

Corporate India anticipates potential earnings turbulence due to the GST implementation and higher US tariffs, impacting sectors like textiles and auto ancillaries. The US Federal Reserve s rate cut introduces market volatility, while FII selling reflects concerns over growth and valuations. Despite these challenges, experts favor NBFCs, consumer discretionary, and precious metals, suggesting a balanced portfolio approach for long-term opportunities.

George Joseph of ASK Investment advises investors to be cautious of the high valuations in small and mid-cap stocks, suggesting a shift towards large-caps. He highlights the attractive valuations and stability of large-cap stocks, anticipating better returns in the next market cycle.

Mahesh Patil from Aditya Birla Sun Life AMC outlines an investment strategy shaped by GST 2.0. The focus shifts towards consumption-oriented sectors like autos and consumer durables, anticipating earnings upgrades. While remaining neutral on IT, Patil identifies it as a contrarian opportunity, poised for a potential rebound with US recovery and attractive valuations.

Digital gold purchases have surged in popularity, with UPI transactions increasing by 377% since April 2024, driven by rising gold prices and the convenience of online buying. The value of these purchases has more than doubled, reaching ₹1,184 crore in August.

Foreign investors turned net sellers in the first half of September, offloading shares in consumer services, IT, and power sectors due to concerns over profitability and rising costs. Financial services saw renewed interest, driven by attractive valuations in state-owned lenders. Automobiles, capital goods, and metals & mining also attracted inflows, but overall, foreign investors remained cautious amid global uncertainty.

Indian IT stocks are expected to face a sell-off following President Trump s increase in H-1B visa costs, potentially impacting profitability and prompting companies to rethink hiring strategies. While larger firms may manage, mid-tier companies heavily reliant on new visas could experience a sharper impact.