Latest Stock Market News

City-based FMCG firm Ganesh Consumer Products Ltd has fixed a price band of Rs 306-322 per share for its initial public offering (IPO) that aims to raise Rs 408 crore in combination of fresh issue and offer for sale from promoters.

Sanjay Bakshi, also known as Fundoo Professor, has criticized India s sovereign gold bond (SGB) scheme, deeming it a flawed government borrowing program. He points to the high effective borrowing cost, exceeding 19% annually, and the lack of risk management. The scheme, designed to curb gold imports, has turned into a costly liability for taxpayers.

Sixteen stocks in the index delivered double-digit returns, with 12 rising 20–80%, highlighting strong investor appetite for high-growth, tech-driven companies.

Both stocks and gold are rallying ahead of the Fed’s rate decision, signalling cautious optimism. Investors are hedging with gold despite record-high equities, reflecting concerns over global debt, currency volatility, and potential market turbulence in the coming months.

Investors focus on Vedanta’s demerger, DreamFolks’ setback, and GST-driven auto demand. L&T shows resilience, Reliance faces near-term limits, highlighting mixed short-term risks and long-term value opportunities across sectors.

Jefferies’ Chris Wood warned that Wall Street’s AI-driven rally could end in a “massive overinvestment bust” as hyperscalers ramp up $350 billion in AI capex. He cautioned that stretched valuations and retail-driven buying may trigger a sharp correction once sentiment shifts.

Motilal Oswal initiated coverage on NSDL with a Neutral rating, setting a target price of Rs 1,200. While acknowledging NSDL s strong market position and growth potential in India s expanding capital markets, the brokerage suggests the current stock price largely reflects these positives.

Analysts warn that a ruling overturning the tariff regime could disrupt Corporate America and raise questions about fiscal stability.

Euro zone government bond yields remained stable ahead of the anticipated U.S. Federal Reserve rate cut, with market attention focused on clues regarding the extent of future easing. Germany s 10-year bond yield saw a slight decrease. The market anticipates the Fed to lower rates significantly by 2026, while ECB easing expectations are more tempered.

Global markets await the Fed s interest rate decision, with expectations of a cut influencing market sentiment. Despite recent gains mirroring U.S. equities, Indian markets may experience a period of consolidation due to slow GDP growth. Experts advise a balanced portfolio with a significant allocation to financials, while acknowledging the cyclical nature of global markets.