Latest Stock Market News

Pune-based GK Energy has filed its red herring prospectus for an IPO opening on September 19, with subscriptions open until September 23. The offering includes a fresh issue of Rs 400 crore and an offer for sale of Rs 64 crore. The company, a solar EPC player, reported revenues of Rs 1,095 crore in FY25 and has an order book of over Rs 1,000 crore.

ETMarkets’ latest analysis highlights stocks with the largest increase in mutual fund holdings in August 2025. Six standout stocks—including Eternal, Motherson Sumi, and Bajaj Finance—saw both high institutional accumulation and strong price gains, reflecting robust mutual fund interest and investor confidence across the Indian market.

HSBC has taken a positive stance on the cement sector, citing consolidation, pricing discipline, and moderating capacity additions. UltraTech Cement remains its top pick with a Buy rating, while Ambuja Cements has been upgraded to Buy on cost savings. Dalmia Bharat also retains a Buy, whereas ACC and Shree Cement stay on Hold due to margin concerns.

Zerodha, India’s largest stockbroker with over 1.5 crore clients, has stayed private, avoiding external funding or an IPO. CEO Nithin Kamath said being private allows the firm to focus on long-term customer interests without shareholder pressure. Bootstrapped with Rs 10 lakh, Zerodha built its moat on trust, simplicity, and low costs, thriving alongside India’s market growth.

U.S. companies are lining up to borrow in euros with bond sales hitting a record $100 billion so far this year, reflecting attractive European funding conditions and a growing willingness among issuers and investors to shift away from the dollar.

Promoter pledge reduction across top Nifty200 companies in Q1 FY26 signals stronger financial stability. Hindustan Zinc, IRB Infra, Apollo Tyres, and others reported sharp declines, boosting investor confidence and reflecting reduced dependence on borrowings.

Euro zone government bond yields edged up on Tuesday as investors stayed on the sidelines ahead of a Federal Reserve policy meeting, which could shape expectations for U.S. rates.

The Indian banking sector may be close to turning a corner, according to Pranav Gundlapalle, Senior Research Analyst at Sanford C Bernstein. After months of slower credit growth and margin pressure, he believes both growth and profitability could start improving from the second half of the current financial year.

Nomura identifies Mahindra & Mahindra, Hyundai Motor India, and TVS Motor among top picks poised to benefit from India s GST rate cuts on automobiles. Automakers swiftly passed on the reductions, spurring consumer interest and bookings, with Maruti Suzuki reporting a significant surge. The brokerage anticipates volume growth during the festive season, particularly for commercial vehicles and sub-Rs 10 lakh SUVs.

Mayuresh Joshi highlights four key opportunities for investors—auto sector recovery post-GST cuts, auto ancillaries like SJS and Uno Minda, structural growth in diagnostics with Krsnaa Diagnostics as a dark horse, and long-term potential in power financiers PFC and REC amid renewable energy capex.