Latest Stock Market News

Shadowfax Technologies shares rebounded 6% to Rs 119.5 after a discounted listing at Rs 124. The IPO saw a 2.8x subscription, with institutional investors driving demand. Analysts advise caution for fresh investors, recommending a hold for allottees with strict stop losses due to valuation concerns.

SpaceX is reportedly exploring a mid-June 2026 IPO that could raise up to $50 billion at a massive $1.5 trillion valuation, according to the Financial Times.

India’s housing market risks deepening inequality as affordable supply collapses despite booming luxury sales. With EMIs surging, demand unmet and developers abandoning low-margin projects, Budget 2026 must revive incentives, expand infrastructure, update affordability norms and strengthen subsidies to restore balance and make homeownership achievable for the middle class.

Hindustan Copper shares surged nearly 15% in two sessions after the state-owned miner emerged as the preferred bidder for a new copper block in Madhya Pradesh, reinforcing investor optimism amid a strong global metals rally and bullish technical signals.

Multi Commodity Exchange of India (MCX) shares surged 7.5% after reporting a massive 151% year-on-year jump in consolidated net profit to Rs 401 crore for Q3FY26. Revenue from operations also saw a robust 121% YoY increase to Rs 666 crore, driven by significant growth in trading activity and new product launches.

As India prepares for Budget 2026 amidst global uncertainty, fiscal discipline remains paramount for macro stability. Policymakers are urged to maintain this prudence while prioritizing employment generation through sectors like affordable housing. Addressing the debt-to-GDP ratio and aligning taxation on savings are crucial for sustained growth and banking sector health.

Gold and silver futures opened higher on Wednesday, January 28, 2026, hitting fresh lifetime highs on the MCX amid strong safe-haven demand and rising geopolitical tensions. Investors now await the US Federal Reserve’s policy decision, with any signal of a rate pause or easing likely to boost market sentiment and support further gains in precious metals.

Reliance’s refined product exports to Europe face rising uncertainty as EU rules on Russian crude create compliance confusion. Tanker diversions and inconsistent enforcement across member states add pressure, while limited Venezuelan crude supplies complicate India’s shift away from Russian oil. RIL shares have fallen amid these concerns.

South Korean stocks saw a significant jump on Tuesday. This surge was powered by a strong rally in technology shares, boosted by global demand for artificial intelligence. The market shrugged off a threat from US President Donald Trump to increase tariffs on Korean goods. Chipmakers Samsung Electronics and SK Hynix led the gains. Automakers also recovered from initial dips.

Shadowfax Technologies is set to debut on Indian exchanges, but weakening grey market signals and uneven IPO demand point to a subdued start, highlighting investor caution toward new-age logistics listings amid fragile market sentiment.