Latest Stock Market News

Indian equity markets will remain closed on October 2 for Dussehra and Gandhi Jayanti. October sees three additional trading holidays, including Diwali, with a special Muhurat session on October 21 for festive trading.

Nifty and Sensex ended their eight-day losing streak led by private banks, auto, and IT stocks. Sun TV, Netweb, Tata Motors, Pfizer, and HUDCO surged, while Hyundai and Indian Bank slipped amid RBI’s neutral policy stance.

Indian government bond yields declined on Wednesday, as the central bank is expected to ease policy over the coming months, and after the governor said that yields have further room to come down.

Euro zone government bond yields were little changed, with investors closely watching moves in U.S. Treasuries amid a U.S. government shutdown.

Ace investor Shankar Sharma reports his lowest India and US equity exposure in 30 years, citing strong global and China performance. Despite successes, the US remains a narrow, challenging market with underperformance versus benchmarks.

Wall Street s main indexes opened lower on Wednesday after much weaker-than-expected private payrolls data, while the federal government s shutdown raised uncertainty around the central bank s visibility into the economy.

Oil prices fell for the third consecutive day as OPEC+ considers raising production by 500,000 bpd in November. WTI traded near $62, Brent at $65.79, pressured by global supply surplus concerns despite strong demand and geopolitical risks.

India’s primary market is poised for growth with four IPOs—CJ Darcl Logistics, Lalbaba Engineering, Pride Hotels, and Jerai Fitness—filing DRHPs with Sebi. Offers include fresh issues and OFS, spanning logistics, engineering, hospitality, and fitness sectors.

Sun TV shares surged up to 18% as reports of a $2 billion valuation for RCB sparked optimism about higher valuations for Sunrisers Hyderabad, significantly boosting Sun TV’s balance sheet and market capitalisation outlook.