Latest Stock Market News

The VMS TMT IPO is a fresh issue of 1.5 crore equity shares, targeting to raise up to Rs 148.5 crore at the top end of its price band. Retail investors can apply for a minimum of 150 shares, with additional bids in multiples, making the minimum investment Rs 14,850 at the highest price.

Prateek Agarwal sees Indian markets balancing tariff uncertainty and GST cuts, with growth-focused sectors like EVs, renewables, defence, and manufacturing offering strong potential. Positive sentiment and resilient domestic flows support cautious optimism

Sumitomo Mitsui Banking Corporation (SMBC) is set to increase its stake in Yes Bank to 24.2% through two transactions: acquiring 4.2% from a Carlyle Group affiliate for Rs 2,850 crore and an earlier purchase of 13.18% from SBI for Rs 9,000 crore. This move underscores SMBC s commitment to India, while SBI will retain a 10% stake in Yes Bank.

Net interest margins (NIMs), a key measure of core profitability, at Indian banks are poised to rise after hitting a low in the second quarter. Analysts say the increasing likelihood of stable policy rates should help lenders capitalize on lower costs in the current rate-easing cycle.

On Wednesday, the insurance regulator directed insurers to pass on the benefits of the GST removal on life and health insurance premiums to customers, noting that the move could improve affordability and broaden access.

SEBI is planning to broaden institutional involvement in the commodity derivatives market by engaging with the government to permit banks, insurers, and pension funds to participate in trading. The regulator is also mulling over allowing foreign portfolio investors to trade in specific non-agricultural commodity derivative contracts.

Indian stock indices closed higher on Wednesday, buoyed by expectations of a US Federal Reserve rate cut. Investors anticipate a 25-basis point reduction and are keenly awaiting commentary on future monetary policy. Easing foreign fund outflows and positive Fed signals could propel the Nifty towards new highs, with mid and small-cap indices also showing gains.

Nuvama Alternative & Quantitative Research anticipates significant shifts in AMFI s upcoming stock reclassification in January 2026. Several companies, including HDFC AMC and Bosch, are expected to ascend to large-cap status, while others like Info Edge and Lupin may transition to mid-cap. These reclassifications prompt fund managers to realign their portfolios, reflecting the dynamic nature of market capitalization.

The Federal Reserve has initiated its first interest rate cut since December, reducing it by a quarter-point to 4.1% due to growing concerns about the labor market s health. Projections indicate two more cuts this year and one in 2026, despite investor expectations for more.