Latest Stock Market News

Wall Street indexes closed higher Tuesday, securing quarterly and monthly gains, despite a looming U.S. government shutdown threatening economic data and Federal Reserve policy. President Trump warned of "irreversible" actions. Healthcare stocks rallied, notably Pfizer, while airlines declined amid shutdown concerns. Analysts noted a balanced market lacking strong directional conviction, with investors bracing for potential disruptions.

Oil prices steadied on Wednesday after two days of losses, as investors weighed potential OPEC+ plans for a larger output hike against shrinking U.S. crude inventories. Brent and WTI futures saw marginal gains. OPEC+ is reportedly considering raising production by up to 500,000 bpd in November, though OPEC termed such reports misleading. U.S.

The US dollar is near a one-week low. A government shutdown looms, potentially delaying jobs data. This delay impacts Federal Reserve interest rate cut expectations. The euro holds steady. The yen moves higher. Bank of Japan officials hint at possible rate hikes. Traders await central bank speeches for further direction.

Gold prices edged higher on Wednesday, nearing record levels. A potential US government shutdown boosted demand for safe assets. Recent US labor data indicated a softening market. This reinforced expectations for Federal Reserve rate reductions. Traders anticipate rate cuts in October and December. Gold performs well when interest rates are low.

DLF s rental arm DCCDL raised 1,100 crore rupees. This funding came from non-convertible debentures. The issue happened on a private placement basis. DCCDL is a joint venture with GIC. Its net profit rose 26 percent in the June quarter. Total income grew 12 percent. The company reported higher income from properties.

Gurunanak Agriculture India debuts on October 1. Grey market signals show zero premium for its Rs 75 IPO. The offer received 1.7 times subscription. Retail investors subscribed 3.1 times their portion. Gurunanak Agriculture manufactures farm machinery. It reported Rs 44 crore revenues. Profits rose to Rs 6.1 crore in FY25. Future performance depends on growth plans.

Praruh Technologies is poised for a quiet debut on October 1, with a 0% grey market premium indicating it will list near its Rs 63 issue price. The Rs 23.5 crore IPO saw a modest 1.2 times subscription, prompting investor focus to shift towards the ICT firm s fundamentals, execution capabilities, and future growth strategies in a competitive market.

We have collated a list of recommendations from top brokerage firms from ETNow and other sources.

Pakistan’s KSE 100 index surged nearly 8,000 points in six sessions, hitting a 52-week high amid improving US ties and a strategic defence pact with Saudi Arabia, boosting investor sentiment and top stock performances.