Latest Stock Market News

Rekha Jhunjhunwala s portfolio has showcased impressive gains in FY26, with several stocks outperforming market trends. Singer India leads with a 43% surge, despite a Q1 loss, while Fortis Healthcare and Baazar Style Retail also delivered strong returns. Financials like CRISIL and Canara Bank contributed significantly, and Titan Company remains a key holding in her portfolio.

Bitcoin fell nearly 4% in a week to around $114K, consolidating below $116K on macro headwinds. Analysts say rising open interest near $115K could provide short-term support unless demand weakens.

Japanese government bonds experienced a decline. This followed a 20-year bond auction that showed weaker demand than anticipated. The 20-year JGB yield increased. The 10-year JGB yield also rose, reaching its highest point since July 25. Market participants are closely watching the Bank of Japan s potential rate hike in December.

Indian government bonds declined following the proposed tax overhaul, raising fiscal deficit concerns and pushing the 10-year yield to a four-month high. While officials assure the fiscal deficit goal remains achievable, traders fear the tax reform could widen budget deficits and increase debt supply. Overnight index swap rates also jumped as fiscal worries weighed on government bonds.

Andrew Ferris, CEO of Ecognosis Advisory, advises clients to reduce US holdings due to expectations that the Federal Reserve will maintain current interest rates. He anticipates Powell will reinforce this stance at the Jackson Hole meeting. Despite the S&P s record high, it s underperforming European and Asian markets.

The government has temporarily removed the 11% duty on cotton imports till September 30, offering relief to textile manufacturers facing high costs. Industry bodies say the move will boost competitiveness against peers like Bangladesh and Vietnam and support export growth.

Hyundai Motor India shares scaled a new record high of Rs 2,511.20 on the BSE, rallying 12.2% in two sessions amid heavy volumes. The stock now trades nearly 30% above its listing price. However, in Q1FY26, the automaker posted an 8% YoY drop in net profit to Rs 1,369 crore, with revenue slipping 5.5% to Rs 16,180 crore.

Ola Electric s stock price increased, reaching Rs 44.70. This happened even with worries about Goods and Services Tax changes. These changes might favor regular cars over electric vehicles. The government is thinking about lowering GST rates on some things. Experts say this could hurt electric car companies like Ola and Ather.

Oil markets are in a holding pattern due to uncertainty surrounding the Russia-Ukraine war and potential shifts in Western sanctions. The focus has shifted from a quick ceasefire to a longer-term resolution of territorial disputes and security guarantees. Market participants are adopting a wait-and-see approach, as the path to a resolution is expected to be lengthy and complex.

Patel Retail, a supermarket chain based in Maharashtra, launched its IPO of Rs 243 crore. The IPO received 45% subscription on Day 1. Grey market premium indicates strong demand. The IPO includes fresh issue and offer for sale. Funds will be used for debt repayment and working capital. The company operates 43 outlets with a wide product range.