Latest Stock Market News

Zinc contracts on MCX rose 0.27% to Rs 294/kg, defying global declines. Supply shortages, low LME stocks, and refining bottlenecks supported prices, while technical indicators suggest bullish momentum with potential upside to Rs 310.

Titan Company’s Q2 performance showcased 20% overall growth, led by 86% international jump. Domestic jewellery, watches, eyewear, and emerging businesses expanded, with 55 new stores added, strengthening retail presence to 3,377 outlets.

The Sensex surged 136 points to 81,927, with 11 BSE 500 stocks hitting 52-week highs. Key gainers include Hindustan Copper, NLC India, Canara Bank, Hindustan Petroleum, and Muthoot Finance, signaling strong bullish momentum.

Wall Street s main indexes opened higher on Tuesday, a day after the S&P 500 and the Nasdaq hit record closing highs, with focus now shifting to a slate of Federal Reserve speakers for policy signals.

NYU’s Aswath Damodaran warns that while U.S. stocks appear richly valued, timing a correction is risky. He highlights rising valuations, driven by major tech stocks, and offers five strategies for investors. Damodaran stresses that even when markets look overpriced, predicting corrections is highly uncertain and requires careful planning.

Zerodha CEO Nithin Kamath highlighted that Indian households hold $3 trillion worth of idle gold, urging better ways to financialize it. He compared gold’s stability with equities’ higher but volatile returns from 1996–2025.

Institutional investments in Indian real estate rose 11 per cent to USD 1.27 billion in July-September on better fund inflows into office assets, according to Colliers.

Brookfield-backed Clean Max Enviro Energy Solutions Ltd. is preparing to launch a 52 billion rupees ($586 million) IPO as early as November. The renewable energy provider has begun investor roadshows for the share sale, which includes new shares and a secondary offering from existing investors. Proceeds will fund debt repayment and general corporate purposes.

Antique Stock Broking expects India’s textile sector to enter a new growth cycle driven by policy support, easing tariffs, and rising man-made fibre demand. It recommends buying Nitin Spinners and Sanathan Textiles, while maintaining a hold on Vardhman Textiles.

Promoter shareholding in several NSE midcap stocks has declined in the June ’25 quarter, signalling potential capital raising or changing management priorities. While such reductions can aid expansion, they may also raise concerns about alignment between management and investors. The top 10 midcaps showing significant promoter stake cuts have been highlighted.