Latest Stock Market News

GST rate reductions on construction materials are set to impact India s housing sector. BPTP CEO Manik Malik anticipates improved affordability, especially in the mid-income segment. He expects increased buyer confidence and market liquidity. The reforms should boost project feasibility and new launches in markets like NCR. Developers will reassess cost models, potentially leading to competitive pricing and timely project execution.

Indian stock markets anticipate a potential breakout as Donald Trump signals a trade deal, potentially ending tariff standoffs. This, combined with expected earnings recovery in 2025, GST rate cuts, and anticipated Fed rate cuts, could trigger a significant Diwali rally. Analysts foresee positive impacts on BFSI, IT, and export-oriented sectors, potentially leading to substantial market gains.

Adani Power s share price rose following regulatory approval for a new underground coal mining project in Nagpur. This positive momentum was further amplified by a hydroelectric venture in Bhutan and the company s first-ever stock split. Analysts also point to potential GST reforms that could further boost the company s margins.

Global brokerages have initiated coverage on several Indian companies, identifying potential upsides. Morgan Stanley is optimistic about Aditya Birla Lifestyle Brands and CG Power, while UBS sees strong growth for Astral. Jeffries anticipates high growth for HDB Financial Services, and Bernstein highlights Titan s strong market presence with an outperform rating.

Infosys is set to announce a Rs 10,000–15,000 crore share buyback today, its fifth since listing. Analysts see potential short-term support and EPS boost, while Infosys share price s 25% year-long decline and attractive valuations make this buyback closely watched by investors.

Despite gold’s record highs, jewellery stocks have fallen up to 35% this year. However, improved consumer spending from GST changes and the festive season could boost demand, with analysts forecasting 14–16% revenue growth for organized jewellers, though higher prices may limit volume growth.

Kotak Mahindra Bank shares: SMBC sold its entire 1.65% stake in Kotak Mahindra Bank for ₹6,256 crore through block deals, with major global and domestic investors like BlackRock, Goldman Sachs, and Abu Dhabi Investment Authority participating.

Indian stocks began trading on a positive note Thursday, marking the Nifty 50 s seventh consecutive session of gains. This surge followed U.S. President Donald Trump s announcement of planned discussions with Prime Minister Narendra Modi to address trade tensions. The S&P BSE Sensex rose by 0.13%, while the NSE Nifty 50 increased by 0.

Dr. Reddy s Laboratories shares experienced a slight dip following the announcement of their acquisition of Stugeron from Johnson & Johnson for $50.5 million. This strategic move aims to bolster Dr. Reddy s Central Nervous System portfolio and expand its presence in the anti-vertigo market across 18 markets in APAC and EMEA, with a focus on India and Vietnam.

Tata Motors share price: Jaguar Land Rover, Tata Motors British subsidiary, suffered a cybersecurity breach, causing production and sales delays. The incident adds to ongoing challenges, including slowing demand, launch delays, and a 63% decline in Q1 consolidated net profit.