Latest Stock Market News

Indian stock market shows resilience after positive signals between Narendra Modi and Donald Trump. Domestic investors provide support while foreign investors are cautious. Reserve Bank of India allows rupee to depreciate to boost exports. Experts believe corporate earnings may improve in coming quarters. Breakthrough in US tariff talks or government reforms could trigger foreign investment.

Anticipation of a Federal Reserve rate cut, potentially starting with 25 basis points in September, fuels market optimism despite inflation concerns. Economist Willem Buiter suggests further cuts are likely, prioritizing employment data. While a weaker dollar is expected, bullish sentiment towards US assets could counter this.

Jefferies has cut price targets for TCS, Infosys, Wipro, HCLTech, and Tech Mahindra amid AI-driven disruption and slow global tech spending. While preferring Coforge and HCLTech, the brokerage warns that large-cap IT valuations already reflect optimism, advising selective exposure amid near-term demand softness.

Infosys share buyback is viewed as a pragmatic move amidst global IT challenges, according to Trip Chowdhry, who anticipates similar actions from other Indian IT firms. While immediate stock jumps are unlikely, the buyback aims to boost EPS. Chowdhry also advises caution regarding AI pricing and visibility in the U.S. market, contrasting Indian firms approach with IBM s holistic AI strategy.

Binance Coin (BNB) hit a record $907 after Binance announced a partnership with Franklin Templeton to develop digital asset products. The collaboration aims to combine tokenisation expertise and global trading infrastructure, creating innovative, compliant solutions for investors while bridging traditional finance and crypto markets.

Bitcoin hit a three-week high near $115,500 after U.S. CPI met expectations at 2.9%, bolstering bets on a Fed rate cut. ETF inflows and easing inflation pressures supported the rally, though resistance above $116K capped gains. Analysts see strong support at $113,700 and potential upside toward $118K–$120K.

Real Estate Investment Trusts are gaining traction in India. They offer steady income and potential capital growth. REITs pool money to invest in commercial properties. Retail investors can access high-quality real estate easily. SEBI regulates REITs, ensuring transparency. REITs distribute a significant portion of their income. Investing in REITs is similar to buying shares.

Indian markets remain range-bound as investors await clear triggers, with buybacks in IT stocks sparking excitement and metals gaining on order flows. Sudip Bandyopadhyay notes structural strength in large-caps, cement, and infrastructure, while FMCG recovery and festive demand may take time to reflect in prices.

European government bond yields remained steady this week, diverging from U.S. Treasuries due to differing central bank outlooks. The ECB held rates steady, leading to expectations of a December rate cut. Market focus shifts to Fitch s review of France s sovereign debt rating, potentially impacting the spread between French and German bond yields.

This week’s mainboard IPOs—Urban Company, Dev Accelerator, and Shringar House of Mangalsutra—are seeing strong investor interest as bidding closes. Urban Company leads with a 43.7% expected listing gain, while Shringar is set for an 18.8% rise and Dev Accelerator for 16.4%.