Latest Stock Market News

Zydus Life shares: Zydus Lifesciences received regulatory approvals from Health Canada for generic Liothyronine tablets and from the USFDA for Deflazacort oral suspension, expanding its portfolio and supporting global operations in Canada and the U.S.

Foreign investors have sold a record $18 billion in Indian equities, with Nifty futures positioning collapsing to near all-time lows. However, market veterans suggest this extreme pessimism could signal a contrarian opportunity for a near-term rebound. Domestic investors remain confident, providing crucial support amidst global uncertainties and valuation concerns.

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Indian government bond yields are poised for movement following a state debt auction today. States plan to borrow 94.10 billion rupees. This borrowing is lower than market expectations. Increased investment limits by state-owned banks are also supporting sentiment. The Reserve Bank of India s recent policy stance suggests a potential rate cut in December.

9 stocks witnessed a 5-year swing high at the close on October 6, suggesting bullishness in counters, according to stockedge.com s technical scan data.

Indian stocks opened higher on Tuesday, extending their winning streak to a fourth session. The Sensex and Nifty saw gains, driven by strong performance in financial and oil & gas sectors. Positive sentiment was fueled by the central bank s new lending reforms and encouraging company business updates.

Reliance Power and Reliance Infrastructure received Sebi Show Cause Notices related to CLE Private Limited, though both companies maintain no ongoing exposure, following earlier settlements and disclosures in this high-value regulatory case.

Brigade Enterprises shares: Brigade Enterprises has signed a JDA for a 6.6-acre land parcel in West Chennai to develop a premium residential project with an estimated GDV of ₹1,000 crore. The project, featuring modern, ESG-compliant homes, will launch in 2026, strengthening the company’s presence in a key growth market.

Shares of Aster DM Healthcare may attract investor attention on October 7 after receiving no-objection letters from BSE and NSE for its merger with Quality Care India Ltd (QCIL). The board-approved scheme will amalgamate QCIL into Aster, subject to statutory and shareholder approvals. This regulatory clearance is a key step in the integration, aligning with SEBI’s listing norms and circulars on schemes of arrangement.

Gold prices on MCX crossed Rs 1.20 lakh per 10 grams, supported by Goldman Sachs raising its December 2026 target to $4,900 and China’s continued gold buying. Silver also rose, with robust ETF inflows and potential U.S. rate cuts adding further momentum.

LG Electronics India s Rs 11,607 crore IPO, a pure offer for sale, aims to attract investors with a reasonable valuation and a strong domestic pitch. Despite the overhang of a large OFS, the company s market leadership, robust growth, and parent s reinvestment plans signal a commitment to India s expanding consumer electronics market.

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