Latest Stock Market News

OFSS shares saw early gains following Oracle Corp’s historic 36% rally, but later gave up all profits after the company clarified no material developments impact its business. While Oracle’s AI-driven cloud growth sets a positive backdrop, OFSS’s performance remains tied to its own financial software operations and deal pipeline.

Lupin shares trade at Rs 1,979.70, showing early reversal signs and poised to break the falling trend line above Rs 2,000. Momentum indicators and options data support bullish momentum. Analysts suggest a Bull Call Ladder Spread strategy to capitalize on potential upside toward Rs 2,100–2,150, with strong support at Rs 1,900.

​Equity mutual fund inflows fell 22% in August to Rs 33,430 crore, with flexi-cap funds leading and small-cap, sectoral/thematic, and large & mid-cap categories seeing sharp declines.​

​ETMarkets identified stocks uniquely held by a single mutual fund scheme, narrowing the list to those with significant holdings. Most delivered negative returns this year, while a few outperformed. The analysis highlights fund-specific investments and their year-to-date performance across small, mid, and multi-cap stocks.​

Waaree Energies’ market cap crossed ₹1 lakh crore after an 8% surge to a 52-week high, supported by strong buying and rising volumes. The stock has delivered 147% returns, outperforming broader market and industry indices.

Other key items on the agenda included simplifying compliance for foreign portfolio investors (FPIs), relaxing the regulation for accredited investors in certain alternative investment funds (AIFs), expanding the scope of rating agencies activities, and granting equity status to REITs and InvITs, they added.

China stocks closed up on Thursday, hovering near its highest level in more than three years, as investors remained bullish on AI plays despite concerns over potential U.S. restrictions on Chinese innovative drugs.

Speaking to ET Now, Matt Orton said the numbers highlight a shift in risks. “I think the inflation data to come in is showing that perhaps the balance of risks is shifting a little bit more towards unemployment than on the inflationary front.

Jefferies has refreshed its equity strategy, adding 8 new stocks to its list of 25 top buy ideas from a universe of 223. The brokerage’s picks span sectors including banks, petrochemicals, IT, pharma, and real estate. Key names include Reliance Industries, Coforge, Adani Ports, HAL, HDFC Bank, ICICI Bank, and Bharti Airtel.

European stocks saw a slight increase. Investors are waiting for the European Central Bank s policy decision. They also await the U.S. inflation data. Defence stocks are up due to geopolitical tensions. The ECB is expected to maintain current interest rates. France s equities face a downgrade. Kering delays Valentino purchase. Covestro rose after ADNOC addresses EU concerns.