Latest Stock Market News

Reliance Industries has launched Reliance Intelligence, a wholly-owned subsidiary, to spearhead its AI ambitions in India. This move, announced after market hours with RIL shares closing positively, follows Mukesh Ambani s vision to transform RIL into a deep-tech enterprise.

​Global bond market stress rises as debt concerns mount in France, Britain, US, Japan, and Germany. Political uncertainty, rising yields, and fiscal pressures weigh on stability, with France and the US most watched.

Patanjali Foods shares fell 66.7% on Thursday as the stock turned ex-bonus following a 2:1 bonus issue. The decline is a technical adjustment, with shareholder value and market capitalization unchanged. Investors now hold three shares instead of one, at a proportionally lower price. The move aims to boost liquidity and broaden retail participation.

Urban Company’s ₹1,900 crore IPO is seeing strong traction, with 3.13x subscription on Day 1 and a 34% GMP. Analysts view valuations as fully priced but recommend long-term subscription, citing strong brand equity, rapid growth, and leadership in India’s home services market.

Fitch raised India’s FY26 GDP forecast to 6.9% on strong demand, GST changes, and potential rate cuts, while Yes Bank slightly increased its forecast to 6.6%. However, global trade tensions, crop damage, and weak urban consumption pose risks to growth.

Airfloa Rail Technology launches its IPO on the BSE SME platform. The IPO generates significant grey market demand. Airfloa manufactures railway components and handles interior projects. The company contributes to projects like Vande Bharat Express. Sudhanshu Mani, Vande Bharat Express architect, joins as advisor. Airfloa has a strong order book and impressive financial growth.

Shares of Oracle Financial Services Software (OFSS) surged 18.3% over two sessions, driven by strong cloud guidance and blockbuster performance from parent Oracle Corp. Investors expect Oracle Cloud Infrastructure’s growth to boost OFSS’s license and cloud revenues. Oracle’s ambitious expansion, AI initiatives, and multibillion-dollar deals have made it a top-performing tech stock of 2025, propelling Larry Ellison past Elon Musk in billionaire rankings.

Asian markets surged, with Japanese and Taiwanese shares hitting record highs driven by tech rallies and optimism for U.S. interest rate cuts. Investors are keenly awaiting U.S. CPI data, anticipating a dovish stance from the Federal Reserve. Oil prices remained steady amid geopolitical tensions, while gold prices edged closer to record highs.

Japanese investors significantly increased their net investments in foreign stocks, reaching a four-month high, driven by expectations of a Federal Reserve interest rate cut in September. This surge followed a U.S. Labor Department report indicating a rise in the unemployment rate, fueling speculation of potential rate cuts. Meanwhile, local Japanese stocks experienced net foreign inflows, while foreigners sold long-term bonds.

Dev Accelerator’s ₹143.35 crore IPO has been oversubscribed 7.22 times by day 2, with retail investors bidding 27.18 times their quota. Shares are trading at a 13% grey market premium, signaling strong investor confidence ahead of its September 12 close.