Latest Stock Market News

Indian markets closed last week with gains, fueled by robust macroeconomic data. Religare Broking suggests focusing on quality domestic cyclicals and defensive stocks. Angel One s technical analysis highlights Ashok Leyland, Dixon, and NMDC as potential buys, projecting returns of up to 12% in the short term based on identified bullish patterns and breakouts.

Vikram Solar s shares are set to gain attention following a significant 336 MW high-efficiency solar module order from Larsen & Toubro Construction. The modules, utilizing advanced Hypersol G12R N-type technology, will be deployed in Gujarat s Khavda Renewable Energy Park. This project is expected to improve efficiency and reduce the cost of solar energy.

Maruti Suzuki posted a 0.9% rise in consolidated Q1 net profit at Rs 3,792 crore, with revenue up 8% to Rs 38,605 crore. Operating EBIT, however, fell 19% as the automaker offered steeper discounts amid weak demand. The stock ended at Rs 14,903 on the NSE, gaining 1.64% and outperforming Nifty Auto with a 20% monthly rally.

Prime Minister Narendra Modi’s symbolic handshake with President Xi Jinping in China, combined with fresh tax cuts at home, is fueling optimism that Indian equities will finally narrow the gap with their emerging-market peers.

Gold prices remained near record highs, approaching $3,600, fueled by expectations of a U.S. Federal Reserve rate cut following a weak jobs report. Traders anticipate a 25-basis-point cut, with a small chance of a larger one. China s gold reserves increased for the tenth consecutive month, while speculators raised net long positions.

Ishiba on Sunday announced his resignation, ushering in a potentially lengthy period of policy uncertainty at a shaky moment for the world s fourth-largest economy.

Amanta Healthcare, an Ahmedabad-based pharmaceutical company, is set to debut on the market with modest expectations, indicated by a GMP of 7%. The IPO, which closed on September 3rd, saw the company issue fresh shares to fund expansion, including a new SteriPort manufacturing line.

The 200-day daily moving average (DMA) is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend.

SpiceJet Share Price: SpiceJet reported a net loss of Rupees 234 crore in the first quarter of fiscal year 2026. This is a reversal from last year s profit. Revenue also declined significantly. Geopolitical issues and aircraft delays impacted performance. Passenger revenue and load factor remained relatively stable. The airline s net worth improved due to financial restructuring.