Latest Stock Market News

Stocks like Asian Paints, Pidilite Industries, and Power Finance Corporation closed above their 200-day moving averages, signaling a potential bullish trend in select Nifty500 names.

Tata Steel, Power Grid, and AU Small Finance Bank are among seven Nifty200 stocks showing a bullish RSI upswing, signalling strengthening momentum.

Tata Capital s upcoming IPO is priced at a discount, reflecting its lower net interest margin and return ratios compared to peers. While its loan book grew significantly, a merger with Tata Motors Finance increased its gross NPAs. Investors are advised to observe its financial performance post-listing.

Japan s largest pension fund is considering impact investing. This decision is influencing other Japanese money managers. The government supports this strategy to address national challenges. These include an aging society and gender inequality. Impact investing focuses on climate, health, and inclusivity. This approach aims for economic and capital markets growth. It provides a driver for company development.

Ahead of earnings season, the US stock market rally faces compounding threats from a government shutdown, eye-watering equity valuations, and a cooling labor market. With the S&P 500 at dot-com levels, experts warn of a potential 5-10% pullback, advising investors to trim highly valued positions.

Advanced economies face escalating political dysfunction and debt crises this week. The US shutdown, France s fiscal talks, Japan s new debt leadership, and the UK s budget ordeal highlight global financial strain. EU finance ministers will also discuss funding, underscoring how political discord challenges major economies amid $99 trillion in public debt.

Asian stocks, led by Japan, surged to a record high, with gold also hitting an all-time peak, as investors anticipate looser monetary policy and robust AI investment. Japan s Nikkei jumped after pro-stimulus Sanae Takaichi became Prime Minister, while the yen weakened significantly. The US tech rally is set to resume, despite a government shutdown.

ECL is a forward-looking accounting standard that requires banks to make provisions on expected losses based on past asset quality, instead of incurred loss-based provisioning. The already created buffer would come into play from the first quarter of FY28. "Banks with higher floating and contingent provisions would be less impacted by the ECL provisioning norm. Typically, a few large private banks have built material floating provisions as compared to their public sector peers," Icra senior vice president and co-group head Anil Gupta told ET.