Latest Stock Market News

Analysts say market sentiment hinges on the outcome of the GST Council meeting in the near term, with traction on consumption-oriented stocks and sectors.

The National Stock Exchange (NSE) has appointed Injeti Srinivas, former chairman of the International Financial Services Centres Authority (IFSCA), as a Public Interest Director on its board.

Euro zone bond yields were set to finish a volatile day lower on Wednesday, as the recent global selloff eased with help from U.S. labour market data that supported bets on a Federal Reserve rate cut this month.

Dev Accelerator, a flexible office space provider under the DevX brand, will launch its IPO on September 10, offering 2.35 crore fresh shares. The three-day issue aims to fund expansion across India and internationally, with listing on BSE and NSE on September 17.

Sharvaya Metals has secured Rs 17 crore from anchor investors, including NAV Capital and Craft Emerging Market Fund, ahead of its Rs 59-crore IPO opening on September 4. The IPO includes a fresh issue and offer for sale, with proceeds allocated to capital expenditure, working capital, and general corporate purposes.

With the much-anticipated GST meeting underway, market participants are keeping a close eye on potential rate revisions that could impact sectors across India. ET Now recently spoke to Vikash Kumar Jain, a seasoned market strategist, for his insights on how GST changes could reshape investor sentiment and portfolio allocations.

Long-dated government borrowing costs from Japan to Britain touched fresh multi-year highs on Wednesday on nagging concerns over the fiscal health of some of the world s biggest economies, although a degree of calm was returning after a sharp selloff.

The Indian rupee ended higher on Wednesday even as most Asian currencies fell, with market participants betting on the unit staging a recovery in the near term, while weakness in the dollar index and strong local shares also aided sentiment.

Indian equity markets displayed a range-bound trade today, with Bank Nifty managing to remain in the green despite recent volatility. Investors are weighing news developments alongside technical trends, trying to gauge whether short-term headlines will steer the market or if chart trajectories will dictate the next move.

GST reforms are set to impact markets, with potential 7–10% cuts on two-wheelers, small cars, tractors, and consumer goods. Analysts say consumption sectors are likely beneficiaries, shifting focus from September-quarter earnings to policy outcomes. CLSA favors defensive, consumption, and rate-sensitive sectors, while positioning may change based on final GST announcements.