Latest Stock Market News

Indian households traditionally store wealth in physical gold and silver, but this presents challenges like storage and liquidity. Gold and silver ETFs emerge as modern, efficient alternatives, offering transparency, liquidity, and security. Gold acts as a stable anchor during economic stress, while silver provides cyclical upside.

Netweb Technologies shares reached a new record high. The stock gained 175 percent in six months. India s digital infrastructure shift drives this performance. AI adoption and policy support create growth opportunities. Ventura Securities forecasts market expansion by FY28. Netweb anticipates revenue growth from AI systems and cloud services. Recent large order wins support company prospects.

Axis Bank surged after Morgan Stanley reaffirmed its ‘Overweight’ rating and raised the target price to ₹1,450, signaling a 25% upside. The broker highlighted that Axis Bank trades at a 30–40% discount to HDFC and ICICI Bank on a price-to-book basis, expecting this gap to narrow as retail deposit growth and loan spreads align with larger peers.

Tata Investment shares rose sharply on Friday, extending gains to a fifth session amid stock split plans, strong FII buying, and robust investor sentiment. The stock hit a 52-week high, reflecting bullish momentum and growing market confidence in its growth prospects.

Promoter groups and insiders actively acquired additional shares in five companies last week, including Samor Reality, Candour Techtex, Alembic Pharma, NR Agarwal Industries, and Winsome Textile. These purchases signal strong confidence in their respective companies growth prospects, pipelines, and the overall sector outlook.

Tata Capital will launch its Rs 15,512 crore IPO on October 6. The company is India s third-largest diversified NBFC. It operates with the Tata brand backing and high credit ratings. Investors will consider its financial performance against market competition and its valuation. The IPO presents a long-term investment opportunity.

Subramaniam stressed the need for investor education and responsible distribution. “Equities are a good wealth creation and inflation-beating asset class, but not like a lottery. Distribution is key because a lack of trust in financial institutions was surprising to me, despite big names like SBI and HDFC being in the space.”

TruAlt Bioenergy shares debuted strongly but gave up early gains, trading at Rs 530 on the NSE, up 7% from the issue price of Rs 496. Analysts recommend booking partial profits while holding a portion of shares. The company, a high-growth player in biofuels and renewable energy, benefits from government support and strong demand, though valuations remain elevated.

WeWork India’s IPO saw a slow start, with just 1% subscription on Day 1 and a modest grey market premium of 2.3%, reflecting cautious investor interest. The offering comprises 4.62 crore shares, totalling Rs 3,000 crore. As this is a complete offer for sale (OFS), the company will not receive any proceeds from it.

Japan s 10-year government bond yield reached a 17-year high on Friday. Markets awaited a weekend leadership election. Bank of Japan Governor Kazuo Ueda offered no clear indication on an interest rate hike this month. He cited global economic risks in his speech. Traders currently place 37 percent odds on a quarter-point rate increase.