Latest Stock Market News

The primary market is set for a busy week as two major companies, Tata Capital Ltd and LG Electronics India Ltd, gear up to launch their initial public offerings (IPOs), collectively worth more than Rs 27,000 crore.

Canara HSBC Life Insurance will launch its maiden public offer from October 10 to 14, a complete offer-for-sale of 23.75 crore shares by its promoters and PNB. The private life insurer has demonstrated strong financial performance, including significant growth in individual weighted premium income and profit after tax, alongside a robust solvency ratio.

The combined market valuation of seven of the top-10 most valued firms climbed Rs 74,573.63 crore in a holiday-shortened last week, with HDFC Bank emerging as the biggest gainer in line with a positive trend in equities.

Indian benchmark indices closed up on Friday. Nifty extended its gains, finding support at 24,750. Experts predict Nifty will trade between 24,750 and 25,100. Four stock recommendations are provided for Monday. These include buying GE Vernova, India Glycols, and MRPL. A sell recommendation is given for Coal India. These picks target specific price levels.

Smallcap stocks surged last week, with Stallion India and Orient Technologies leading gains. Top 10 performers rallied 18–42%, driven by sector optimism, festive demand, IT momentum, and commodity price recovery.

Indian equity markets rebounded 1% last week, fueled by the RBI s decision to maintain the repo rate at 5.5%, which improved market sentiment. With Q2FY26 earnings season commencing, investors will track corporate results. Key trading dates for potential momentum and sharp movements are October 6, 7, and 9, alongside crucial Nifty support and resistance levels.

Flipkart Investments plans to exit its entire 6% stake in Aditya Birla Lifestyle Brands via a Rs 950 crore block deal, highlighting strong institutional interest in India’s premium apparel sector.

Analyst consensus highlights seven BSE mid-cap stocks with 30–40% upside potential over 12 months, including Suzlon Energy, Kalyan Jewellers, Crompton Greaves, Clean Science, Godrej Properties, Hexaware, and Whirlpool of India.

Five IPOs, including Tata Capital, LG Electronics India, and Rubicon Research, are launching this week with GMPs up to 20%, raising over Rs 28,000 crore across mainboard and SME segments.

D-Street anticipates a pivotal week driven by Q2 earnings, major IPOs, and crucial macroeconomic data releases. Global cues, including US updates and FII movements, alongside crude oil prices and currency fluctuations, are set to influence market sentiment. Technical levels will also be key factors for investors to monitor.