Latest Stock Market News

Sudip Bandyopadhyay advises caution in pharma due to US tariff uncertainties, recommending domestic-focused companies like Mankind Pharma for growth. He also anticipates a strong Q3 for value retailers, including V-Mart, driven by rising incomes and festive demand. Overall, domestic sectors offer safer growth amidst global volatility.

Japan s Nikkei stock index reached a record high after Sanae Takaichi became the ruling party leader. Investors anticipate her expansionist fiscal and monetary policies. The yen weakened, and short-term bond yields fell, suggesting delayed rate hikes. This unwound earlier expectations for immediate interest rate increases. Long-term bond yields rose on deficit spending concerns.

Britain s government will streamline the home-buying process. This aims to cut four weeks off the typical five-month period. Early publication of search and survey information will be required. Binding contracts for buyers and sellers are also being considered. This could halve failed property transactions. First-time buyers may save an average of 710 pounds.

HDFC Bank share price: HDFC Bank’s Q2FY26 update showed average deposits rising 15.1% YoY to Rs 27.15 lakh crore, with advances up 9% to Rs 27.95 lakh crore. CASA deposits grew 8.5%, time deposits 18.6%, reflecting strong growth across both deposit and loan segments for the quarter.

Bajaj Finance share price: Bajaj Finance posted a 24% YoY rise in AUM to Rs 4,62,250 crore in Q2FY26, led by strong retail lending and a 5.4% growth in deposits. Bajaj Finance added 4.13 million new customers and saw loan bookings surge 26%, highlighting robust operational performance.

India s Canara Robeco Asset Management Company set its IPO price band at Rs 253-266 per share, aiming for a Rs 5,305 crore valuation. The joint venture will open its share sale to retail investors on October 9, amidst a busy Indian primary market. Existing shareholders, Canara Bank and ORIX, are offloading 49.8 million shares in this offer for sale.

Vodafone Idea share price: Vodafone Idea has approached the Supreme Court to quash the DoT’s Rs 9,450 crore AGR demand, citing inconsistencies with earlier guidelines. The telco also seeks reassessment of dues up to FY17.

Indian Bank, HFCL and seven other F&O stocks saw notable futures open interest surge on October 3, signalling growing market participation and potential momentum in these counters.

Mahesh Patil, CIO at Aditya Birla Sun Life AMC, advocates large-cap investing for long-term alpha, stability, and consistent returns. He notes market consolidation is easing, with domestic factors improving and earnings growth expected to revive to 10-11%. Patil also views the IT sector as a contrarian opportunity and advises selective participation in the revived IPO market, focusing on differentiated companies.