Latest Stock Market News

On Monday, the Sensex closed 555 points higher at 80,364, lifting smallcaps sharply. Twelve BSE smallcap stocks hit fresh 52-week highs, with Apollo Micro Systems and Rishabh Instruments surging over 50% in a month.

Auto stocks rallied up to 6% on Monday ahead of the key GST council meeting. Despite weak August sales, gains in Bajaj Auto, M&M, Tata Motors, and Eicher Motors lifted the Nifty Auto index by 2.8%.

Markets ended lower Friday as RIL, HDFC Bank, and Infosys dragged benchmarks, while select stocks outperformed. Yes Bank rose on fund infusion hopes, CG Power gained on OSAT launch, and Relaxo Footwear surged on GST optimism.

Websol Energy System announced a 1-for-10 stock split, making shares more affordable for retail investors after delivering 6,000% returns in 5 years. Alongside, the company unveiled a ₹3,000 crore expansion plan to boost solar cell and module capacity by 2028.

Indian investors continue pouring record inflows into equities despite the Nifty 50 slipping 2.9% in the past year. Meanwhile, gold and silver have surged over 46%, emerging as top-performing assets. Yet, precious metals remain under-owned in portfolios, highlighting the importance of diversification and asset allocation for stability and returns.

After three sessions of losses, Indian indices rebounded on strong buying in auto, IT, metal, and banking stocks. Technical experts see resistance at 24,850, support at 24,500. Analysts recommend five stocks—Rico Auto, TFCI, Amara Raja, Chennai Petroleum, and L&T Finance—for near-term gains.

Women s ethnic wear brand Kiaasa Retail on Monday said it has received approval from the BSE to launch its initial share sale on the exchange s SME platform.

Morgan Stanley remains bullish on India, targeting Sensex 1,00,000 by June 2026, citing strong structural growth, low volatility, and falling rates. Base-case target 89,000 implies 12% upside. Portfolio favors financials, consumer discretionary, industrials; multiple catalysts support a stock-pickers’ market amid global pessimism.

Nifty opened the week cautiously, with 24,600 seen as a key breakout level. Rajesh Bhosale highlighted IT sector resilience and recommended Mphasis and Exide Industries as top picks. Analysts believe sectoral rotation and strong support levels could set the stage for September’s market trend.

The Indian rupee recovered from its record low to end unchanged on Monday, helped by likely intervention from the Reserve Bank of India towards the later part of the session, according to traders.